Is Bitcoin Bull Run Back? Daily RSI Shows Only Mild Bullish Momentum
The price of Bitcoin has been on quite the run since mid-April, finding its way from beneath the $85,000 mark to as high as $104,700 over the past month. The largest cryptocurrency market enjoyed a positive shift in investor sentiment and a fresh influx of capital, especially through the BTC exchange-traded funds (ETFs). Interestingly, the…
Golden Ratio Multiplier Called Bitcoin Top In 2021 – Here’s What It’s Saying Now
Bitcoin is still trading around the $103,000 mark, although the upward momentum it started in May has exhibited a slowdown in the past seven days. Although a short-term volatility is currently playing out, the long-term outlook is undoubtedly bullish. Some analysts are looking to long-term cycle indicators for direction. One such tool, the Golden Ratio…
Bitcoin Panic Buying? Eric Trump Says The World Is Stockpiling BTC
Eric Trump, speaking at the Consensus 2025 conference in Toronto on May 15, painted a picture of a world scrambling for Bitcoin. He said he hears the same thing everywhere he goes—on planes, in boardrooms, even from big state funds. His comments came as he joined Hut 8 CEO Asher Genoot on a panel about where Bitcoin…
Bitcoin Strengthens Vs. Gold, Analyst Sees ‘Higher Than Expected’ Returns
Bitcoin’s price may surge above $200,000 next year, according to recent analysis by X account Apsk32. He warns that the familiar four‑year cycle for BTC often lines up with fresh highs. Short swings have hit traders hard before. This time, bulls say Bitcoin could even top $250,000 in 2025. Bitcoin Gold Link According to Apsk32,…
Bitcoin Up $18,000, But HODLer Profits Same As On April 1—Here’s Why
On-chain data shows the profit margin of the Bitcoin long-term holders is currently the same as when BTC was still $85,000. Here’s what’s behind this. Bitcoin Long-Term Holder NUPL Has Returned To 0.69 In a new NUPL is an indicator that keeps track of the difference between the unrealized profit and unrealized loss held by…
Bitcoin Rally Hits Wall as Price Stalls Below $104K, Analyst Cites Derivatives Pressure
Bitcoin experienced a notable surge earlier this week, climbing above the $104,000 mark and registering a weekly gain of nearly 10%. However, after reaching this level, the asset appears to have encountered resistance, with upward momentum slowing and price action remaining relatively flat in recent days. At the time of writing, BTC is trading at…
Is Bitcoin Price Turning Bullish Or Bearish? Crypto Analyst Reveals Critical Levels To Watch
Bitcoin’s price action in the past 24 hours has seen it slowly retracing from the $104,000 zone it started the week at. This range has become particularly significant as Bitcoin continues to flirt with levels last seen during its recent push toward new all-time highs. Bitcoin’s price movements over the past two days have tightened,…
Ticking Clock To $200K: Bitwise CIO Predicts Bitcoin’s Price Explosion
Bitcoin hovered around $102,600 today after briefly touching $105,000. The dip didn’t shake everyone. Many still bet on a major rally. According to Bitwise CIO Matt Hougan in an interview yesterday, there’s a path for Bitcoin to hit $200,000 by December 31. He points to growing ETF inflows, more corporate buying, and what he sees…
Bitcoin Price Looks Upward — Is the Next Leg Higher Starting?
Bitcoin price started a fresh increase and cleared the $103,500 zone. BTC is now consolidating and might aim to clear the $105,000 zone. Bitcoin started a fresh upward move from the $101,500 zone. The price is trading above $103,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend…
Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead?
Fresh on-chain data suggests that despite Bitcoin (BTC) trading close to its all-time high (ATH), long-term holders (LTHs) are not offloading their holdings. Instead, these investors are continuing to accumulate the world’s largest cryptocurrency by market capitalization, signaling their confidence in further price gains in the coming weeks. Long-Term Bitcoin Holders Are Not Selling Yet…