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

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

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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Bitcoin Price Eyes Further Gains Toward $60K: Can It Break Through?

Btc

Bitcoin price is holding gains above the $57,500 resistance. BTC is now showing positive signs and might aim for a move toward $60,000. Bitcoin is attempting a fresh increase above the $57,200 support zone. The price is trading above $57,500 and the 100 hourly Simple moving average. There is a key contracting triangle forming with…

Bitcoin Price Eyes Further Gains Toward $60K: Can It Break Through? Read More »

Bitcoin Price Forecast: Trump Win Could Boost BTC To $125,000, Standard Chartered

Bitcoin News

Geoff Kendrick, the Head of Crypto Research at Standard Chartered Bank, has put forth bullish predictions regarding the Bitcoin price trajectory in the event of the 2024 US presidential election.  Bitcoin Price Predictions Soar According to a CNBC report, Kendrick posits that a potential re-election of Donald Trump could propel Bitcoin to a staggering $125,000…

Bitcoin Price Forecast: Trump Win Could Boost BTC To $125,000, Standard Chartered Read More »

As Bitcoin Supply Tightens, Could A Breakout Be On The Horizon?

Bitcoin

Recent changes in the behavior of Bitcoin on the market suggest the coin could be preparing for its next significant bull run. One important consideration is the fall in Bitcoin reserves on exchanges. Less of Bitcoin is accessible for trading as owners migrate it to cold storage. Historically, this kind of decrease usually comes before…

As Bitcoin Supply Tightens, Could A Breakout Be On The Horizon? Read More »

Challenges Mount For Bitcoin Miners As Difficulty Surges To Record High

Bitcoin News

A recent report by Bloomberg highlights that the difficulty of mining Bitcoin has surged to a record high, reflecting increasing competition among cryptocurrency miners.  On Wednesday, mining difficulty rose by 3.5%, as reported by crypto-mining tracker CoinWarz. This metric, which has been climbing steadily, often aligns with market expectations for Bitcoin’s price movements. Post-Halving Challenges…

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11% Of Bitcoin Supply In Coinbase’s Hands: Analyzing The Potential Risks

Bitcoin News

A recent report by The Defiant reveals that Coinbase holds a substantial 11% of the total Bitcoin supply, amounting to approximately 2.275 million BTC worth around $129 billion.  As the fourth-largest cryptocurrency exchange globally, Coinbase commands significant trading volume—$1.5 billion in 24-hour transactions and 34 million monthly users—and acts as a custodian for major corporations,…

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Why Bitcoin Retesting $57,000 Is Good For The Price

Bitcoin

Bitcoin (BTC) is finally making a comeback, with recent price spikes signaling a potential start of the long-awaited market bull run. As the cryptocurrency retests the $57,000 level, this renewed momentum could ignite a positive price rally, potentially driving more gains for Bitcoin.  Bitcoin Retests New Levels At $57,000 On Tuesday, September 10, Santiment, a…

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Analyst Says Bitcoin Is In A ‘Healthier’ Place Now, Here’s Why

Bitcoin

Bitcoin might be stuck in a downtrend, but fundamental analysis suggests it is in a healthy position. According to a recent analysis by crypto analyst Kaleo, Bitcoin is currently putting up healthier dynamics than it did in the previous halving cycle. This intriguing outlook for Bitcoin comes amidst the cryptocurrency’s struggle to stand firm above…

Analyst Says Bitcoin Is In A ‘Healthier’ Place Now, Here’s Why Read More »

Bitcoin Recovery Path To $60,000: Analyst Reveals Why $55,881 Is Important

Bitcoin

The Bitcoin recovery at the beginning of the week has been a welcome development, especially given the incredibly bearish movements of the last month. However, even with the price on the up and up, there is still some danger lurking around that could stop the rally dead in its tracks. So, it has become important…

Bitcoin Recovery Path To $60,000: Analyst Reveals Why $55,881 Is Important Read More »

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