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Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why

September 16, 2024

Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn’t be sad about such a massive price decline for the flagship crypto. Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter)…

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Bitcoin Price Flashes Downside Break: Will Bears Take Over?

September 16, 2024

Btc

Bitcoin price failed to clear the $60,650 resistance. BTC is now correcting gains and might decline toward the $57,500 support zone. Bitcoin is correcting gains and trading well below the $60,000 level. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend line…

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Analyst Says Bitcoin Will Reach $68,000 By End Of September, $90,000 In December

September 15, 2024

Cryptocurrency Market News

Bitcoin has once again surged past the critical $60,000 threshold, signaling a potential shift in market sentiment as selling pressure appears to be subsiding. This development follows a period of volatility, where Bitcoin experienced a significant dip, but data from CoinMarketCap now shows that the cryptocurrency has made a remarkable 15% rebound. Bitcoin hit a…

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Bitcoin At A Crossroads: Bullish Momentum Meets Selling Pressure – Details

September 15, 2024

Bitcoin

Bitcoin gained by over 10% in the past week as it reclaimed the $60,000 price mark on Friday. Following an initially negative performance in September, this recent price rise by the crypto market leader has elicited much positive sentiments from investors. However, a Cryptoquant analyst with the username CRYPTOHELL reports that this bullish momentum is…

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3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000

September 15, 2024

Bitcoin

Crypto analyst Jelle has highlighted a bullish pattern that has been forming on the Bitcoin chart for the last three years. The analyst suggested that it could soon be time for the pattern to play out, with a price target of $100,000 and above in sight if it does. 3-Year Cup And Handle Pattern Could…

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Bitcoin Hits $60,000 As Market Conditions Align For Crypto Price Surge: Santiment

September 14, 2024

Bitcoin

Bitcoin has hit the $60,000 price mark, recovering a price level last seen since August 29. Based on data from CoinMarketCap, The crypto market leader moved by 3.98% on Friday, capping off a rather impressive weekly performance. Commenting on this price gain, prominent blockchain analytics company Santiment has provided insight into shifting market dynamics that…

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BlackRock Calls Bitcoin ‘Hedge Against Global Disorder’, Analyst Sets $600,000 Target

September 13, 2024

Bitcoin

BlackRock, the prominent American multinational investment management corporation, has once again emphasized the enduring belief surrounding the Bitcoin potential as a strategic asset. In a recent statement, the firm reiterated a school of thought that has been gaining momentum within the financial world for years. According to the investment company, BTC is a good tool…

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Time To Convert Bitcoin To Ethereum? ETH/BTC Charts Gears Up For 180% Surge

September 13, 2024

Bitcoin

Crypto investors may need to start paying attention to Ethereum (ETH), as the cryptocurrency’s price could be gearing up for a major rally against Bitcoin. A crypto analyst predicts a potential 180% surge in the ETH/BTC trading pair, signaling that now might be an opportune time for investors to consider converting their BTC holdings to…

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MicroStrategy’s Largest Bitcoin Order Since 2021: Purchases Additional $1.1 Billion

September 13, 2024

Breaking News Ticker

Business intelligence company MicroStrategy has made big headlines again with its latest acquisition of 18,300 Bitcoin, valued at approximately $1.11 billion. The purchase, the largest by the company in over three years, was disclosed in a recent filing with the US Securities and Exchange Commission (SEC), which took place between August 6 and September 12,…

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Bitcoin Forms Golden Cross On 2-Month Chart, Here’s What Happened Last Time

September 13, 2024

Bitcoin

Crypto analyst Titan of Crypto has highlighted a bullish indicator on the Bitcoin chart. The analyst also revealed what happened the last time this pattern formed, suggesting that the leading crypto could enjoy a significant price rally soon enough. Golden Cross Forms On The Bitcoin Chart Titan of Crypto revealed in an X (formerly Twitter)…

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Bitcoin To Hit $100K? Investors Believe US Election Won’t Affect Its Rise

September 13, 2024

Cryptocurrency Market News

No matter who wins the US presidential contest this November, the trajectory of Bitcoin seems to be set to remain strong despite growing partisan fervor. Market observers and crypto enthusiasts mostly believe that the long-term future of Bitcoin is safe. Former President Donald Trump’s pro-crypto posture inspired recent hope that is starting to wane, although…

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