According to data from CoinMarketCap, the price of Bitcoin declined by 5.25% in the past week falling below the $60,000 mark. This price dip adds to the string of negative performances in the last month during which BTC has lost 9.88% of its value. However, Bitcoin has recently seen an increase in buying interest despite…
Bitcoin Records Surge In Retail Investors – Is A Price Rebound On? Read More »
Crypto analyst Zen has released a critical assessment of different scenarios to expect for the Bitcoin price in July. Bitcoin’s price performance in June has undoubtedly left many investors disappointed. This is because the cryptocurrency virtually traded on a decline throughout the month, even falling below $60,000 at some point. While the unfavorable price continues…
Analyst Identifies Bitcoin Liquidity Pools You Should Be Aware Of Going Into July Read More »
In the last week, the price of Bitcoin took a significant nosedive, recording a 7% loss to trade as low as $59,478. According to data from CoinMarketCap, Bitcoin attempted a rebound following this dip but has since been stuck in consolidation between $60,100 – $62,300. Commenting on this development, John Bollinger, inventor of the Bollinger…
Analyst John Bollinger Foresees More Consolidation For Bitcoin Read More »
A crypto expert has predicted a Bitcoin’s price may have bottomed in, potentially signaling the start of market stabilization after a prolonged downturn. Bitcoin Price Reversal On The Horizon Crypto expert and Bitcoin analyst, Willy Woo has taken to X (formerly Twitter) to shed light on Bitcoin’s current price performance and its future outlook as…
Is The Bitcoin Bottom In? Crypto Expert Predicts Bullish Price Reversal Read More »
Bitcoin is at a crossroads after getting rejected at $62,000. Unsurprisingly, this has led to clashing sentiment in the market, with the bulls and bears engaged in an intense tug of war. But while bulls remains vocal, the bears have come out of the woodwork, leading to speculations that the price might actually be going…
In a recent filing with the US Securities and Exchange Commission (SEC), the BlackRock Global Allocation Fund disclosed its ownership of 43,000 shares of the asset manager’s Bitcoin ETF, iShares Bitcoin Trust, as of April 30. This announcement follows two previous filings by BlackRock on May 28, which disclosed the fund’s exposure to Bitcoin in…
BlackRock Global Allocation Fund Reveals Major Bitcoin ETF Stake With 43,000 Shares Read More »
Bitcoin price is consolidating above the $60,550 support zone. BTC could avoid more downsides if it manages to recover above the $62,400 resistance. Bitcoin is still struggling to recover above the $62,200 and $62,400 levels. The price is trading above $61,500 and the 100 hourly Simple moving average. There was a break above a major…
Bitcoin Price Recovery: Here Are Challenges On The Road to Rebound Read More »
On-chain data shows the Bitcoin transfer volume of retail investors has seen a sharp decline recently, a sign that this group may be losing interest. Bitcoin Volume For Retail-Sized Transactions Has Plunged Recently As explained by CrypoQuant author Axel Adler Jr in a new post on X, the total BTC transfer volume for transactions valued…
Retail Losing Interest In Bitcoin? Volume Plunges 30% Read More »
The Bitcoin price is in a decline once more, after seeing some recovery on Wednesday due to the turnaround in the Spot Bitcoin ETFs net flows. However, just one day later, it seems the pioneer cryptocurrency has resumed the downtrend and this decline after the recovery has begun a worrying trend. So, what are the…
Why Is The Bitcoin Price Down Today? Read More »
On-chain data shows Bitcoin is trading near a level that has historically acted as the boundary for the ‘euphoria’ phase of the market. Bitcoin Is Not Far From This Long-Term Holder Cost Basis Level According to the latest weekly report from Glassnode, BTC’s recent consolidation has been near the historical boundary between the ‘equilibrium’ and…
Bitcoin Near ‘Euphoria’ Boundary: What Happens After A Breach? Read More »
Bitcoin price failed to recover above the $62,500 resistance zone. BTC is showing bearish signs and might decline again below the $60,000 support. Bitcoin struggled to recover above the $62,200 and $62,500 levels. The price is trading below $62,000 and the 100 hourly Simple moving average. There is a major bearish trend line forming with…
Bitcoin Price Faces Potential Dive: Key Support Levels to Monitor Read More »
