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Crypto Expert Encourages Investors To Buy The Dip As Bitcoin Price Falls To $64,000

Bitcoin

The Bitcoin price took a sharp downturn recently, dipping below $67,000 and raising concerns among investors. However, a crypto analyst has encouraged the crypto community to buy more Bitcoin at this time, suggesting that the decline presents an opportunity to acquire BTC at a lower price.  Bitcoin Decline Signals Prime Buying Opportunity Michael van de…

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Bitcoin ETF Outflows Are Ramping Up Again, What Does This Mean For BTC Price?

Bitcoin

Bitcoin ETF outflows are on the rise once again after a change in the tide last week. These outflows, given the ETFs’ correlation with the Bitcoin price, have a substantial impact on how well the cryptocurrency performs over time. So, as outflows are ramping up, will it trigger a crash in the BTC price? ARK…

Bitcoin ETF Outflows Are Ramping Up Again, What Does This Mean For BTC Price? Read More »

Asia’s Bitcoin Volatility Linked To Algos Tracking ETF Flows

Bitcoin

Recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that monitor flows in US exchange-traded funds (ETFs). According to Bloomberg, this algorithmic trading response to daily US ETF flow data is causing pronounced swings in Bitcoin prices during Asian trading hours. Trading Algos Spoil The Bitcoin Price The trigger for…

Asia’s Bitcoin Volatility Linked To Algos Tracking ETF Flows Read More »

Bitcoin Price Consolidates Losses But Recovery Could Face Hurdles

Btc

Bitcoin price extended its decline below the $65,000 support zone. BTC is now consolidating losses and might attempt a recovery wave toward $67,000. Bitcoin price declined further below the $65,500 and $65,000 levels. The price is trading below $67,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with…

Bitcoin Price Consolidates Losses But Recovery Could Face Hurdles Read More »

Bitcoin Insider Tip: Expert Signals Key Catalyst That Could Revive BTC’s Rally

Bitcoin News

Renowned venture capitalist and Bitcoin advocate Anthony Pompliano has recently sparked discussions with his post on X addressing the predictions of Bank of America. According to Pompliano’s post, the US government may face a $1.6 trillion annual interest payment by December, should the Federal Reserve persist with its current monetary policies. This projection has ignited…

Bitcoin Insider Tip: Expert Signals Key Catalyst That Could Revive BTC’s Rally Read More »

Bitcoin Supply In Loss Hits 10% After Crash: What Happened Last Time

Bitcoin News

On-chain data shows the Bitcoin supply in profit has plunged following the latest crash in the asset’s price towards the $65,000 level. Bitcoin Supply In Profit Is Now Down To Around 90% As analyst James Van Straten pointed out in a Percent Supply in Profit,” which tracks the percentage of the total circulating Bitcoin supply…

Bitcoin Supply In Loss Hits 10% After Crash: What Happened Last Time Read More »

Bitcoin Price Plummets As US Government Transfers $2B In Seized Silk Road BTC, Coincidence?

Bitcoin News

The crypto market is abuzz with speculation as the US government recently moved significantly regarding seized Bitcoin (BTC) linked to the infamous Silk Road dark web marketplace. This development comes at a critical time for the Bitcoin price, which has struggled to maintain its position above the $70,000 threshold after hitting its current all-time high…

Bitcoin Price Plummets As US Government Transfers $2B In Seized Silk Road BTC, Coincidence? Read More »

Bitcoin Traders Spread “Buy The Dip” As BTC Plunges Below $66,000

Bitcoin News

Data shows “buy the dip” calls for Bitcoin have spiked around social media following the plummet the asset has seen below the $66,000 level. Bitcoin Social Volume For Terms Related To Buy The Dip Has Shot Up According to data from the analytics firm Santiment, Bitcoin investors have more heavily reacted with bullish calls than…

Bitcoin Traders Spread “Buy The Dip” As BTC Plunges Below $66,000 Read More »

Tether Buys 8,888 Bitcoin For $618 Million, But Why Is Price Down?

Bitcoin

On-chain data shows that the world’s largest stablecoin issuer, Tether, recently added more Bitcoin to its holdings. The magnitude of the purchase has caused the crypto community to speculate on why Bitcoin’s price has dipped instead when such a development is usually bullish for the crypto token.  Tether Acquires 8,888 BTC largest Bitcoin holders, even…

Tether Buys 8,888 Bitcoin For $618 Million, But Why Is Price Down? Read More »

Bitcoin Final Dance: Analyst Eyes Final Peak Ahead Of Halving

Bitcoin

Once again, there is hope for Bitcoin (BTC) as Michael Van De Poppe, a cryptocurrency expert, has spotlighted the potential for the crypto asset’s price to reach a new all-time high before the highly anticipated Halving event commences. One Final All-Time High For Bitcoin Before Halving The price of Bitcoin is presently exhibiting new bearish…

Bitcoin Final Dance: Analyst Eyes Final Peak Ahead Of Halving Read More »

Bitcoin Price Tumbles Below $66,000: 4 Major Reasons

Bitcoin

The Bitcoin market has witnessed a significant downturn, with prices plummeting below the $66,000 mark. This abrupt -5.6% price movement can be attributed to four major factors: a long liquidation event, a rising US Dollar Index (DXY), profit-taking by investors, and spot Bitcoin ETF outflows. #1 Long Liquidations The main force leading to today’s downturn…

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