Joana Cotar, an independent member of the Bundestag, one of Germany’s legislative chambers, has called on the government to stop the ongoing Bitcoin (BTC) sell-off, which has had a notable impact on the BTC market, resulting in a 10% drop in the cryptocurrency’s price over the past two weeks. Bitcoin As Valuable Asset Class For…
German Parliament Member Urges Government To Cease Selling Bitcoin Read More »
Recent trading patterns have led QCP Capital, a prominent trading firm, to highlight potential signs of a market bottom in the crypto market. Bitcoin, the leading digital currency, recently dipped below $58,000, causing analysts to focus on the behavior of miners and their possible capitulation. Such capitulation could indicate a market bottom, similar to past…
Data shows that Bitcoin traders’ sentiment has declined into ‘fear’ after the price crash the cryptocurrency has seen during the past 24 hours. Bitcoin Fear & Greed Index Is Now Suggesting A Fearful Market The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment currently held by…
Bitcoin Traders Sink Into ‘Fear’ As Price Crashes Below $58,000 Read More »
Bitcoin is fast selling off. At spot rates, the world’s most valuable coin dropped by over 5% on the last day of trading and continues to spiral lower, easily breaking $60,000. The psychological round number has been level to watch out for over the previous few days, especially following gains over the weekend. Bitcoin Is…
Bitcoin Plunging: Is This The Best Time To Buy BTC? Read More »
Bitcoin price failed to start a recovery wave above the $61,500 resistance zone. BTC started another decline and might dive toward $55,000. Bitcoin started a fresh decline and traded below the $58,500 zone. The price is trading below $60,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with…
Bitcoin Price Turns Red: Risk of More Losses as $55K Test Looms Read More »
Bitcoin (BTC) experienced a significant drop, reaching as low as $56,700 on Thursday. This price level has not been seen since May 1st, as Bitcoin faces several challenges, including US political uncertainties and the ongoing sell-off of BTC seized by the German government. These factors have contributed to a nearly 20% price correction for Bitcoin,…
Bitcoin (BTC) has completed its ninth test of the $60,000 support level, hinting at a potential shift in the cryptocurrency’s trajectory. According to a crypto analyst, Bitcoin faces significant moves ahead and determining the direction of this momentum is crucial. BTC Retests $60,000 Support For The 9th Time In an X (formerly Twitter) support level…
Bitcoin Completes 9th Test Of $60,000, Where Does Price Go From Here? Read More »
Amidst recent fluctuations, analysts have focused on Cardano (ADA) due to its potential for a significant rally. Similarly, Bitcoin (BTC), the market leader, has shown patterns that traders must understand as they navigate the current market conditions. Is Cardano (ADA) On The Brink of a Parabolic Rise? Cardano, often lauded for its technological foundation, has…
Is Cardano the Next Big Winner? Analysts Predict Massive Surge as Bitcoin Wobbles Read More »
Bitcoin has observed a crash below the $58,000 level today. Here’s what could be a potential cause for it, according to on-chain data. Bitcoin Long-Term Holders Have Just Taken Large Profits As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin long-term holders harvested a large amount of profits during the latest…
Why Did Bitcoin Plunge Under $58,000? On-Chain Data Says This Read More »
recent decline below $60,000. BTC’s CME Gap Has Closed Van de Poppe revealed in an X (formerly Twitter) post that Bitcoin’s CME gap has closed and added that it is time for the crypto token to enjoy a relief bounce from its current price level. From the chart he shared, Bitcoin will reclaim $60,000 as…
Bitcoin Closes CME Gap, Expert Predicts What Happens Next Read More »
According to data from Arkham Intel, Mt. Gox has initiated the process of repaying creditors by transferring a nominal amount of Bitcoin to one of the designated exchanges. This development follows months of speculation and planning concerning the disbursement of approximately $8.2 billion in Bitcoin owed to creditors of the defunct exchange. Are Mt. Gox…
Bitcoin Alert: Mt. Gox Starts Repayments With Small Exchange Transfer Read More »
