Category Archives: Bitcoin News

Institutional Traders Bet On Bitcoin Exceeding $79,300 By End Of November

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Institutional traders are betting that Bitcoin will surge to $79,300 by the end of November. This bullish sentiment is evident in recent trading activities on the Chicago Mercantile Exchange (CME), where Bitcoin options have experienced some of their highest trading volumes ahead of the US presidential election. Bitcoin To Rise Above $79,300? Joshua Lim, co-founder… Continue reading Institutional Traders Bet On Bitcoin Exceeding $79,300 By End Of November→

Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside

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Although Bitcoin (BTC) is yet to breach its USD all-time high (ATH) value, the flagship cryptocurrency has made a new ATH against the euro (EUR) and some other fiat currencies. Bitcoin Makes Fresh ATH Against Euro Bitcoin surpassed €68,000 ($73,561) on October 29, establishing a new ATH against the euro. The largest cryptocurrency by market… Continue reading Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside→

Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today

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US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March.  This comes as investor sentiment appears to be buoyed by speculation surrounding a potential victory for Republican candidate Donald… Continue reading Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today→

Bitcoin’s Active Addresses Signals Golden Cross—What Next For BTC?

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Bitcoin on-chain activity is gaining momentum as a CryptoQuant analyst, known as ‘Yonsei Dent,’ recently pointed to a potential golden cross within the active addresses metric. This indicator tracks the number of unique addresses engaging with the Bitcoin network, providing insights into the network’s overall activity, investor involvement, and possible market directions. Golden Cross On… Continue reading Bitcoin’s Active Addresses Signals Golden Cross—What Next For BTC?→

Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead

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Bitcoin has been trading in a tight 4-hour range between $71,300 and $73,300 since Tuesday, setting the stage for a significant move in the coming days. Analysts and investors closely watch this range as BTC inches closer to its all-time high (ATH).  Top analyst Axel Adler recently shared key data from CryptoQuant, noting that trading… Continue reading Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead→

Bitcoin Volatility To Peak By November 8 As ‘Trump Trade’ Intensifies – Report

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According to Bitfinex, Bitcoin (BTC) volatility is set to intensify over the next week. A “potent mix” of geopolitical and macroeconomic factors has significantly influenced the flagship crypto’s performance, with anticipation for the outcome of the US election and Q4’s close setting a potential target of $80,000 by year-end. Bitcoin Volatility About To Reach Its… Continue reading Bitcoin Volatility To Peak By November 8 As ‘Trump Trade’ Intensifies – Report→

Bitcoin Rips Above $70,000: Is The Post-Halving Advance Officially On?

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Bitcoin is on a tear, easing past the psychological round number at $70,000. At press time, the world’s most valuable coin is approaching $72,000, a critical resistance level that marks June 2024 highs. Bitcoin Breaks Above $70,000 And Descending Triangle As buyers press on, reversing losses of the second half of last week and soaring… Continue reading Bitcoin Rips Above $70,000: Is The Post-Halving Advance Officially On?→

Bitcoin Needs Daily Close Above $76,000 To Confirm True Breakout: Analyst

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Bitcoin (BTC) is closing in on its all-time high (ATH), bringing excitement among bulls. However, seasoned analyst Peter Brandt advises caution, urging bulls to stay excited yet avoid becoming dogmatic. Bitcoin Breakout Yet To Be Confirmed After a lackluster start to October – a historically bullish month for Bitcoin – the digital asset is exchanging… Continue reading Bitcoin Needs Daily Close Above $76,000 To Confirm True Breakout: Analyst→

Bitcoin Triggers Golden Cross: What This Means For The Crypto Trend

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Bitcoin price is now above $70,000 per coin. The recent rally back toward local all-time highs has carried BTCUSD high enough to causes two important moving averages to form a “Golden Cross.” This signal has appeared twice since the bear market bottom and yielded significant results. Let’s take a look at the data and the… Continue reading Bitcoin Triggers Golden Cross: What This Means For The Crypto Trend→

Bitcoin Bears Fear A Short Squeeze Above $71,000 As Open Interest Rises To $22.6B

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Bitcoin is on the verge of a historic move as it pushes toward its all-time highs, surging above the $71,000 mark just yesterday. This breakout has ignited optimism among analysts, who expect further upside in the coming weeks as the US election draws near—a period historically marked by heightened volatility and market shifts. Critical data… Continue reading Bitcoin Bears Fear A Short Squeeze Above $71,000 As Open Interest Rises To $22.6B→