Over the years, the Bitcoin price has been through multiple bull and bear cycles, and with the cycles have come a rather consistent trend. As a result, crypto analyst will often use the historical performance of the coin to determine what might happen next. This time around, market expert PlanB has pointed to previous cycle…
Historical Data Suggests Bitcoin Could Rise 1,000%, Here’s Why Read More »
On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio has recently been nearing in on a death cross formation. Bitcoin 30-Day MA MVRV Ratio May Be About To Cross Under 365-Day MA As explained by an analyst in a CryptoQuant Quicktake MVRV Ratio” is a popular Bitcoin on-chain indicator that, in short,…
Bitcoin Investors Be Warned: Legendary MVRV Ratio About To Death Cross Read More »
Bitcoin crashed below $50,000 on August 5 in a sudden dip that saw many positions liquidated in the crypto market. This sudden dip, which cascaded into other cryptocurrencies, took the market by surprise. As such, Bitcoin fell to its lowest price in six months, and many other altcoins followed suit. Although Bitcoin has since recovered…
Glassnode Report Reveals Why The Bitcoin Price Dropped Below $50,000 Read More »
As the world’s largest cryptocurrency, Bitcoin (BTC), continues to consolidate between the $58,000 and $60,000 price range with no clear direction, a bullish signal from the derivatives market suggests the potential for sudden and sharp rallies ahead for BTC’s price. Data Shows Aggressive Bitcoin Shorting According to crypto research firm K33 Research, the funding rate…
Bitcoin Derivatives Signal Major Risk Of Explosive ‘Short Squeeze’ Rally Ahead Read More »
According to market expert Jamie Coutts, after an extended period of consolidation and lackluster performance by the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), the market may be poised for a resurgence. Coutts believes the ingredients are in place for a broad altcoin rally, following in the footsteps of the “insane” bull run of…
Bitcoin Underperformance Precedes ‘Insane Altcoin Rally,’ Expert Warns Of Repeat Read More »
Bitcoin has certain on-chain resistance levels coming up that could threaten future rallies. Here are the exact prices at which they lie. Bitcoin Short-Term Holders Have Their Cost Basis At These Levels Ahead As explained by CryptoQuant author Axel Adler Jr in a new Realized Price,” which keeps track of the average acquisition price on…
Bitcoin Resistance: Here Are The Challenges Ahead For BTC Read More »
The world’s largest cryptocurrency, Bitcoin (BTC), has struggled to maintain a foothold above the critical $60,000 price level in recent trading sessions, as the digital asset finds itself caught in a tug-of-war between bullish and bearish forces. After recovering from a dip below $49,000 earlier this month, Bitcoin has been vacillating around the $60,000 mark,…
Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support Read More »
Digital asset investment funds witnessed another week of inflows last week, albeit at a small amount, to extend the run of inflows to two consecutive weeks. Notably, investment funds attracted a net inflow of $30 million last week. One of the key highlights of the week was Bitcoin’s strong performance in attracting investor interest. After…
Bitcoin Maintains Market Dominance With $42 Million In Inflows Read More »
Bitcoin has made a recovery back towards the $61,000 level during the past day. Here are the factors that could be behind this surge. Bitcoin Has Made Some Recovery During The Last 24 Hours After showing lackluster price action under $60,000 during the past few days, Bitcoin has finally shown some momentum in the last…
Bitcoin Recovers To $61,000, Here Are The Possible Reasons Read More »
Zach Pandl, Grayscale Investments’ managing director, has boldly predicted that the price of Bitcoin will surge regardless of who wins in the upcoming US presidential election. He said this potential increase is because of macroeconomic trends, most especially pertaining to the assumed depreciation of the US dollar. According to Pandl, the fact that Bitcoin has…
Grayscale Exec Predicts Bitcoin Surge No Matter Who Wins US Election Read More »
A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency could see its price surging as high as $100,000, representing a 200% increase from its current value. However, the analyst noted that this bullish projection would occur only when certain conditions are met. Bitcoin Could Rise To $100,000 In an X (formerly Twitter)…
Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens Read More »
