Bitcoin price started a strong increase above $68,500. BTC even tested $70,000, but post-fed there was a major bearish reaction. Bitcoin started another decline from the $70,000 resistance zone. The price is trading below $68,550 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $67,500 on…
Bitcoin Price Rejects $70K: Post-Fed Recovery Fails to Materialize Read More »
Recent reports from CryptoQuant analysts on the QuickTake platform highlight a notable decline in market sentiment across Bitcoin and altcoin investors. According to Crypto Dan, a leading analyst at CryptoQuant, “After Bitcoin’s recent failure to breach the $72,000 mark, there is a noticeable cooling off of investor enthusiasm.” Bitcoin Slump In Activity Signals Market Adjustment…
Is The Crypto Surge Over? Bitcoin Stalls At $72,000 As Investor Enthusiasm Wanes Read More »
Glassnode has discussed in a new report the reasons behind Bitcoin moving sideways despite inflows into the spot exchange-traded funds (ETFs). Why Bitcoin Has Been Stagnant Despite Spot ETF Inflows In its latest weekly report, the analytics firm US spot ETFs have failed to make the price break its sideways trend. The spot ETFs, which…
Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers Read More »
Prominent crypto analyst Dave the Wave has provided a bullish narrative for Bitcoin despite the flagship crypto’s recent setback. As part of his analysis, he suggested how high Bitcoin could rise in the short and long term. Bitcoin To Rise To As High As $300,000 Dave the Wave suggested in an X (formerly Twitter) post…
Famous Analyst Dave The Wave Says Bitcoin Still Has Wiggle Room, Sets $300,000 Target Read More »
Data of an on-chain indicator could suggest Bitcoin is currently not at a stage where its price would be at a significant risk of facing correction. Bitcoin 365-Day MA Growth Rate Is Sitting Below Historical Overheated Zone In a post on X, CryptoQuant author Axel Adler Jr has discussed about the recent trend in the…
Is Bitcoin Overheated Right Now? This Metric Suggests No Read More »
Major crypto analysts have weighed in on the Bitcoin future trajectory, especially as the flagship crypto has maintained a tepid price action and has continued to consolidate since the halving took place. These analysts predict that Bitcoin will soon rise and climb to a six-digit all-time high (ATH). Bitcoin To Rise To $100,000 rise to…
Bitcoin Price Prediction: Major Analysts Say BTC Is Headed For 6-Digit ATH Read More »
Scarce City X VESA = Bitram Auction Now LIVE Get ready for the legendary Scarce City dropping a hot auction with OG artist VESA. June 11-13th. https://www.newsbtc.com/wp-content/uploads/2024/06/BitRam-Artwork-Auction-with-Scarce-City-June-11-13th.mp4 Presenting a VESA original, Bitram. Watch a video on how the artwork was made and what it is all about. It’s the first Bitcoin specific piece VESA has…
BitRam Artwork Auction 11-13th June Read More »
In his latest blog post titled “Why I’m Still Betting on Bitcoin,” financial expert and seasoned investor Bill Miller IV, CFA, CMT, Chairman and CIO of Miller Value Partners, reiterated his bullish stance on Bitcoin. According to Miller, who is the Chairman, CIO of Miller Value Partners and son of legendary investor Bill Miller III,…
Bitcoin Is ‘Still Significantly Undervalued,’ Says Finance Guru Bill Miller IV Read More »
Bitcoin price extended losses below $67,500 support zone. BTC tested the $66,000 support zone and is now attempting a recovery wave. Bitcoin started another decline below the $68,500 support zone. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $68,650…
Bitcoin in Decline: Price Turns Red as Market Eyes Fed Decision Read More »
In a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal. According to a Bloomberg report, Google searches for NFTs have…
NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs Read More »
Crypto analyst Dippy has laid a bullish narrative for the Bitcoin’s recent drop below $68,000. Bitcoin Could Experience A Massive Pump Above $73,000 Dippy suggested in an X (formerly Twitter) post that Bitcoin could enjoy a price pump once it reaches the liquidity zone around $73,000. He noted that many short traders have their stop…
Bitcoin Turns Weakness Into Strength: Analyst Identifies Major Liquidity Zone At $73,000 Read More »
