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Bitcoin’s ‘Next Leg Higher Has Started,’ Says Analyst: Reveals $100,000 Target On The Horizon

Bitcoin News

Jelle, a well-regarded crypto analyst, recently shared via the latest post on X that Bitcoin is on the verge of a significant upward movement, potentially reaching the $100,000 mark much sooner than many have anticipated. This optimistic prediction comes when Bitcoin has shown considerable resilience, bouncing back from various challenges and solidifying its position as…

Bitcoin’s ‘Next Leg Higher Has Started,’ Says Analyst: Reveals $100,000 Target On The Horizon Read More »

Bitcoin Coinbase Premium Returns To Neutral: Buying Push Already Over?

Bitcoin News

The positive Bitcoin Coinbase Premium that drove the latest rally above $70,000 has dissipated, suggesting buying has already slowed down. Bitcoin Coinbase Premium Gap Has Returned To Neutral Levels CryptoQuant Netherlands community manager Maartunn explained in a post on X that the Bitcoin Coinbase Premium Gap has declined back toward the neutral line. The “Coinbase…

Bitcoin Coinbase Premium Returns To Neutral: Buying Push Already Over? Read More »

Bitcoin Held On Coinbase Exchange Reach 9-Year Low, Can Bitcoin Reach $75,000?

Bitcoin

In a recent development, data from crypto analytics firm Glassnode shows that the amount of Bitcoin held on Coinbase has reached a 9-year low. This has raised the possibility of the flagship crypto rising to a new all-time high (ATH) of $75,000 soon enough.  BTC Held On Coinbase Drops Significantly  According to Glassnode, the Bitcoin…

Bitcoin Held On Coinbase Exchange Reach 9-Year Low, Can Bitcoin Reach $75,000? Read More »

Bitcoin Sentiment Returns To Extreme Greed As BTC Breaks $71,000

Bitcoin News

Data shows the Bitcoin market sentiment has returned to the extreme greed territory as BTC has registered its rally beyond the $71,000 level. Bitcoin Fear & Greed Index Now Points To “Extreme Greed” The “Fear & Greed Index” is an indicator made by Alternative that tells us about the general sentiment among the investors in…

Bitcoin Sentiment Returns To Extreme Greed As BTC Breaks $71,000 Read More »

Analyst Warns Of Bitcoin Pre-Halving Retrace Echoing Troubling 2020 Trend

Bitcoin

Rekt Capital, a cryptocurrency expert and enthusiast, has identified a similar pattern between the recent Bitcoin pre-halving retrace and the one that took place in 2020 before the crypto asset witnessed an upsurge to its previous all-time high. Bitcoin Pullback Is Almost Identical With 2020 Pre-Halving Retrace Bitcoin, the largest cryptocurrency asset, is presently demonstrating…

Analyst Warns Of Bitcoin Pre-Halving Retrace Echoing Troubling 2020 Trend Read More »

Crypto Outflows Reach New Record High, Will The Bitcoin Decline Continue?

Bitcoin

Crypto investment products have finally registered a week of outflows after seven weeks of consecutive strong inflows and two weeks of breaking records after records. In fact, data has shown that these investment products have now set a new record for the most outflows in a week, extending the run of record creation. According to…

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Bitcoin Price Surges Past $71,000: 4 Key Reasons Behind The Rally

Bitcoin

The Bitcoin price has soared past the $71,000 mark. In the past 24 hours alone, the price of Bitcoin surged by 6.5%, climbing from just below $65,500 to reach $71,491. This remarkable rally can be attributed to a combination of factors that have collectively contributed to the upward trajectory of the world’s leading cryptocurrency. Here’s…

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Bitcoin Rockets Past $69,000: Over 60k traders Caught In $200 Million Total Liquidations

Bitcoin News

The cryptocurrency market recently witnessed significant liquidations, totaling over $200 million, as Bitcoin surged past the $69,000 mark. The Bitcoin price surge led to many short positions being liquidated, causing notable financial repercussions across various trading platforms. Bitcoin’s Sudden Rebound And Liquidations The impact, showing that around 60,388 traders and counting faced losses exceeding $200…

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