Category Archives: Bitcoin

Bitcoin Rockets To Monthly Highs As Open Interest Explodes By Over $3 Billion

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Bitcoin rose to $89,292 today, its highest since April 2, as traders injected funds into cryptocurrency markets. The top-ranked cryptocurrency rose 3.0% in 24 hours amid increased market activity, based on the latest market figures. Market Observers Notice Fundamental Shift In Bitcoin Activity CryptoQuant’s trading data reveals Bitcoin’s price increase coincided with an enormous $3.1… Continue reading Bitcoin Rockets To Monthly Highs As Open Interest Explodes By Over $3 Billion→

Analyst’s Bitcoin Price Prediction From March Plays Out, Here’s The Rest Of It

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A Bitcoin price prediction made exactly one month ago by popular crypto analyst Doctor Profit on social media platform X has unfolded with interesting accuracy. On March 21, Doctor Profit outlined a detailed price trajectory for Bitcoin, predicting specific price movements, resistance and support zones, and the influence of the M2 money supply. Fast forward… Continue reading Analyst’s Bitcoin Price Prediction From March Plays Out, Here’s The Rest Of It→

Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level

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The Bitcoin price continues to trend low and has failed to reclaim $90,000. The bears have dominated during the last few months, dragging Bitcoin down from above $100,000 to below $80,000, before the bounce to $83,000. Now, these developments have triggered doubts in the minds of investors as to whether the bull run might be… Continue reading Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level→

Bitcoin Bull Market Remains Intact Unless This Support Breaks – Analyst

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Popular crypto analyst Tony Severino has shared a bold take on the current Bitcoin (BTC) market structure. The chartered market technician has stated that the Bitcoin bull market remains active unless the price falls below a specific level.  Notably, Bitcoin saw a heavy correction after hitting a peak price of $109,000 in January. Over the… Continue reading Bitcoin Bull Market Remains Intact Unless This Support Breaks – Analyst→

Bitcoin’s Largest Holders Are Stacking Again — What It Means For The Market

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The Bitcoin market has shown high volatility in April, having produced similar levels of gains and losses over the past three weeks. Amidst the choppy price action, Bitcoin whales appear to be increasing their holdings, perhaps in anticipation of future price gains. Bitcoin Whales Add 53,600 BTC, Now Hold 68% Of Supply In an X… Continue reading Bitcoin’s Largest Holders Are Stacking Again — What It Means For The Market→

Bearish Case For Bitcoin: Analyst Warns Falling Wedge Is A Whale Trap That Could Drag Price To $67k

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Bitcoin has spent the past seven days trying to hold near $85,000, with a trading range between $83,200 and $86,000. Buying momentum has turned positive in the past 24 hours, but an interesting technical analysis of the current price action points to a looming downside risk. Crypto analyst Xanrox laid out a bearish case for… Continue reading Bearish Case For Bitcoin: Analyst Warns Falling Wedge Is A Whale Trap That Could Drag Price To $67k→

Whales Swallowing Bitcoin Fast — Will This Push BTC Price Up?

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Large investors are buying Bitcoin at record levels, which may be the precursor to a price explosion. Recent statistics indicate that these large holders, or “whales,” are acquiring around three times the amount of daily Bitcoin produced by miners as the cryptocurrency sits at key price levels. Whales Purchase At Record Levels While Exchanges Witness… Continue reading Whales Swallowing Bitcoin Fast — Will This Push BTC Price Up?→

Bitcoin Faces Critical Resistance At $91,000 As Short-Term Holders Hover At Break-Even

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Bitcoin prices gained by only 0.95% in the past week amidst an intense market consolidation. The premier cryptocurrency is struggling to break out of the $85,000-$86,000 price range following an impressive price rally in the second week of April. However, popular crypto analyst Ali Martinez has identified the major price resistance for the current Bitcoin… Continue reading Bitcoin Faces Critical Resistance At $91,000 As Short-Term Holders Hover At Break-Even→

Bitcoin Faces Triple Resistance As Price Rejection Persists

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Over the past trading week, Bitcoin (BTC) failed to make any significant price breakout, experiencing rejections at the $86,000 price region. While the market suffered no major price pullback, the high level of sideways price movement indicates a strong investor uncertainty. Interestingly, popular market analyst with X username Daan Crypto has provided an insightful technical… Continue reading Bitcoin Faces Triple Resistance As Price Rejection Persists→

Bitcoin Dominance At Risk Of Crash To 40%, Why This Is Good For Ethereum, XRP, And Altcoins

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The Bitcoin dominance in the cryptocurrency market is inching dangerously close to a long-term resistance level that has triggered major reversals in the past. This resistance level is highlighted on the weekly BTC.D candlestick timeframe chart.  Each time the dominance taps this descending trendline, it struggles to break through and eventually tumbles. Notably, Bitcoin’s dominance… Continue reading Bitcoin Dominance At Risk Of Crash To 40%, Why This Is Good For Ethereum, XRP, And Altcoins→