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Bitcoin Price Hits Crucial Support: Will Bulls Ignite a Fresh Increase?

Btc

Bitcoin price started a downside correction below the $70,000 level. BTC is now testing the $68,800 support and might attempt a fresh increase. Bitcoin extended its decline below the $70,000 support zone. The price is trading above $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance…

Bitcoin Price Hits Crucial Support: Will Bulls Ignite a Fresh Increase? Read More »

Bitcoin Whales Spend $6.3 Billion In One Day As Historic BTC Buy Signal Appears

Bitcoin

Bitcoin whales are not backing down from the market and have continued to capitalize on the pump by buying every dip. The most recent dip toward $60,000 saw these large investors gobble up BTC at an alarming rate, with their daily spending coming in at billions of dollars. Bitcoin Whales Buy $6.3 Billion Worth Of…

Bitcoin Whales Spend $6.3 Billion In One Day As Historic BTC Buy Signal Appears Read More »

Bitcoin Seen Breaching $73,000 As ‘Bull Run’ Looms, Analyst Says

Cryptocurrency Market News

After a two-month breather near its all-time high, Bitcoin (BTC) appears ready to unleash another haymaker, according to crypto analyst Axel Adler. Adler predicts a 300-day bull run fueled by healthy short-term holder profits and a market with plenty of fight left in it. Profitable Punches And Room For More Adler throws down the gauntlet…

Bitcoin Seen Breaching $73,000 As ‘Bull Run’ Looms, Analyst Says Read More »

Bollinger Bands Inventor Foresees Bitcoin Pullback: Key Levels To Watch

Bitcoin

Renowned financial analyst John Bollinger has recently issued a caution regarding the potential for a Bitcoin pullback. After BTC price surged from below $66,000 to almost $72,000 at the beginning of the week, Bollinger, the creator of the widely utilized Bollinger Bands indicator, pointed to specific features in the Bitcoin price chart that suggest a…

Bollinger Bands Inventor Foresees Bitcoin Pullback: Key Levels To Watch Read More »

Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why

Bitcoin News

An analyst has explained how the current Bitcoin surge appears to have hit the halfway completion mark if this indicator is to go by. Bitcoin VWAP Oscillator Suggests BTC Rally Only Halfway Done In a new Volume Weighted Average Price (VWAP) Oscillator is looking like after the latest rally. The VWAP is an indicator that,…

Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why Read More »

Institutional Investors Pour $942 Million Into Bitcoin, Will This Trigger A Rally To $80,000?

Bitcoin

Institutional investors are doubling their bets on Bitcoin, with investment funds related to the flagship crypto recording massive inflows last week. This development signals a bullish sentiment among these investors which could trigger a Bitcoin rally to $80,000.  Bitcoin Investment Funds Record $942 Million In Inflows According to CoinShares’ latest weekly report, Bitcoin investment products…

Institutional Investors Pour $942 Million Into Bitcoin, Will This Trigger A Rally To $80,000? Read More »

Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000

Bitcoin News

After enduring a significant 20% price correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a strong comeback. It has broken above the key $66,000 resistance level and turned it into a new support zone. BTC Bounces Back…

Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000 Read More »

Bitcoin Price Mirrors Historical Pattern That Led To $1,200 Surge, Will History Repeat Itself?

Bitcoin

Crypto analyst TechDev has provided insights into the flagship crypto was currently mirroring its price action in 2017 and could soon make a parabolic rise like it did back then.  History Could Repeat Itself  TechDev shared a chart on his X (formerly Twitter) platform with the caption, “The more things change, the more they stay…

Bitcoin Price Mirrors Historical Pattern That Led To $1,200 Surge, Will History Repeat Itself? Read More »

Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals

Bitcoin News

An analyst has explained how profit-taking looks to have finished for Bitcoin in what has been a “very healthy reset” for the market. Bitcoin SOPR Suggests Profit-Taking From Investors Has Cooled Off In a new Spent Output Profit Ratio (SOPR). The SOPR is an on-chain indicator that basically tells us about whether the Bitcoin investors…

Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals Read More »

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