Bitcoin price started a decent increase above the $57,500 resistance. BTC is now showing positive signs and might aim for a move toward $60,000. Bitcoin is attempting a fresh increase above the $57,000 support zone. The price is trading above $57,200 and the 100 hourly Simple moving average. There was a break above a short-term…
Bitcoin Price Rises Steadily: Will It Reach $60K Next? Read More »
According to market signals that have historically preceded major price rallies, Bitcoin is gearing up for its next potential bull run. A CryptoQuant analyst named ‘Tarek’ has recently highlighted key indicators in a post on the CryptoQuant QuickTake platform, suggesting that Bitcoin’s price might soon experience a significant upward movement. These indicators include declining Bitcoin reserves on…
Bitcoin’s Supply On Exchange Tightens: Could a New Bull Run Be Just Weeks Away? Read More »
A recent report by The Defiant reveals that Coinbase holds a substantial 11% of the total Bitcoin supply, amounting to approximately 2.275 million BTC worth around $129 billion. As the fourth-largest cryptocurrency exchange globally, Coinbase commands significant trading volume—$1.5 billion in 24-hour transactions and 34 million monthly users—and acts as a custodian for major corporations,…
11% Of Bitcoin Supply In Coinbase’s Hands: Analyzing The Potential Risks Read More »
Bitcoin (BTC) is finally making a comeback, with recent price spikes signaling a potential start of the long-awaited market bull run. As the cryptocurrency retests the $57,000 level, this renewed momentum could ignite a positive price rally, potentially driving more gains for Bitcoin. Bitcoin Retests New Levels At $57,000 On Tuesday, September 10, Santiment, a…
Why Bitcoin Retesting $57,000 Is Good For The Price Read More »
Bitcoin might be stuck in a downtrend, but fundamental analysis suggests it is in a healthy position. According to a recent analysis by crypto analyst Kaleo, Bitcoin is currently putting up healthier dynamics than it did in the previous halving cycle. This intriguing outlook for Bitcoin comes amidst the cryptocurrency’s struggle to stand firm above…
Analyst Says Bitcoin Is In A ‘Healthier’ Place Now, Here’s Why Read More »
With the major cryptocurrencies regaining lost ground against the bears, the market has returned to the $2 trillion market cap level. This led to huge gains in the altcoin market as the tokens rode the bullish wave. AAVE is one of the largest gainers this week with a whopping 20% uptick. This is largely due…
AAVE Excites Investors With 20% Gain As Developments Roll Out Read More »
The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the metric typically used to assess the inflation rate in the country, came in according…
Bitcoin Tumbles Following Higher Than Anticipated US Core Inflation Data Read More »
The Bitcoin recovery at the beginning of the week has been a welcome development, especially given the incredibly bearish movements of the last month. However, even with the price on the up and up, there is still some danger lurking around that could stop the rally dead in its tracks. So, it has become important…
Bitcoin Recovery Path To $60,000: Analyst Reveals Why $55,881 Is Important Read More »
Bitcoin has made some recovery over the past 24 hours, which may have prevented this deep fall that the asset was previously at risk of. Bitcoin Has Recovered Back Towards The $57,000 Level Bitcoin witnessed a plunge a few days ago, but it has started this new week with bullish momentum, seemingly rejuvenated as its…
Bitcoin Recovery: Has BTC Prevented A Fall To $41,000 With This Surge? Read More »
Bitcoin market performance has been underwhelming since its peak above $73,000 in March 2024. Instead of building on this rally, the top crypto has faced continued consolidation coupled with a series of declines, frustrating many investors. Currently, Bitcoin is down 22.7% from its March high, raising concerns over whether this signals the start of a…
Is Bitcoin Heading For A Bear Market? Analysts Weigh In On The Price Struggles Read More »
With only a few weeks before Q4 begins, investors and market watchers remain vigilant of the market’s performance. Many expect the next quarter will kickstart the rally’s second leg up, suggesting that most altcoins will explode in the coming months. Several analysts are bullish about the upcoming performances, hinting that the time to accumulate these…
Altcoins About To Take Over? Analyst Suggests Time To Accumulate Will End Soon Read More »
