Bitcoin Forms Bullish Pennant That Shows Surge To $113,000 Is Coming, Here’s How

Crypto analyst Trader Tardigrade has revealed a bullish pattern that has formed on the Bitcoin chart. Based on this, the analyst explained how the Bitcoin price could rally to as high as $113,000.  Bitcoin Bullish Pennant Could Send Price To $113,000 In an X post, Trader Tardigrade mentioned a bullish pennant that had formed on… Continue reading Bitcoin Forms Bullish Pennant That Shows Surge To $113,000 Is Coming, Here’s How

Bitcoin MVRV Hits Critical Threshold For Profit Taking – What Does This Mean?

Bitcoin recorded another remarkable price performance in the past week, gaining by 19.16% according to data from CoinMarketCap. The crypto market leader established a new all-time high at $93,434 on Wednesday, as odds of achieving a six-figure market price by year’s end are now higher than before.  Amidst the current market euphoria, CryptoQuant analyst Amr… Continue reading Bitcoin MVRV Hits Critical Threshold For Profit Taking – What Does This Mean?

Bitcoin Golden Multiplier Ratio: Analyst Says The Party Is Just Getting Started

Crypto analyst CryptoCon recently alluded to a Bitcoin ‘Golden Multiplier Ratio,’ which he suggested paints a very bullish picture of the Bitcoin price. Based on this, the analyst remarked that the party was just getting started, indicating that the flagship crypto is likely going much higher.  Bitcoin Golden Ratio Multiplier Indicates Price Is Going Higher… Continue reading Bitcoin Golden Multiplier Ratio: Analyst Says The Party Is Just Getting Started

Bitcoin NVT Golden Cross Signals ‘Local Bottom’ — What’s Next?

According to the latest on-chain data, the Bitcoin Network Value to Transactions (NVT) Golden Cross has fallen into a crucial region. What could this mean for the price of the premier cryptocurrency? What Does The Falling NVT Golden Cross Mean For Price? In a recent Quicktake post on the CryptoQuant platform, an analyst with the… Continue reading Bitcoin NVT Golden Cross Signals ‘Local Bottom’ — What’s Next?

Bitcoin Price Could Soon Break $100,000, Blockchain Firm Explains How

The Bitcoin price continued its red-hot form over the past week, printing successive all-time highs in less than five days. While Donald Trump’s success at the United States elections might have kickstarted the recent rally, the growth of the premier cryptocurrency — and the general crypto market — seems to have developed a life of… Continue reading Bitcoin Price Could Soon Break $100,000, Blockchain Firm Explains How

Bitcoin Surges Past $93,000 – Can A Breakthrough Unlock New Heights?

Bitcoin is on the move again, surging toward its previous high of $93,257 with renewed momentum that has triggered excitement among traders. After a period of consolidation, Bitcoin’s latest price action signals a potential breakout that could set the stage for even greater gains. As it inches closer to this critical resistance level, can the… Continue reading Bitcoin Surges Past $93,000 – Can A Breakthrough Unlock New Heights?

Analyst Says Bitcoin Has Entered The ‘Thrill’ Phase, Here’s What To Expect Next

Crypto analyst Ash Crypto has revealed that Bitcoin has entered the ‘thrill’ phase. The analyst further explained what to expect from the flagship crypto moving forward, having entered this phase of the bull run.  What To Expect From Bitcoin In ‘Thrill’ Phase In an X post, Ash Crypto revealed that Bitcoin is entering the thrill… Continue reading Analyst Says Bitcoin Has Entered The ‘Thrill’ Phase, Here’s What To Expect Next

Bitcoin Volume Crashes 27% As Price Falls, What Does This Say About The Decline?

The Bitcoin volume has experienced a severe crash amidst its initial price momentum, falling by approximately 27% and triggering a subsequent decline in the value of the pioneer cryptocurrency. This significant drop in volume has caught the attention of market participants, as a crypto analyst is discussing the mechanics and significance of a decline in… Continue reading Bitcoin Volume Crashes 27% As Price Falls, What Does This Say About The Decline?

Analyst Warns Of 10% Bitcoin Price Drop Ahead Of CPI Data

Recently, there have been significant fluctuations in the prices of Bitcoin; presently, they oscillate between $87,000-$87,500. This may not be eye candy to investors who are currently on the sidelines waiting for the coin to hit $90k, particularly the release of CPI data set today, November 13. This news is perceived by analysts to have… Continue reading Analyst Warns Of 10% Bitcoin Price Drop Ahead Of CPI Data

Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues

Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March all-time high (ATH), recording a new high nearly every day for the last seven days. Bitfinex analysts noted that the market remains “relatively stable” despite increased speculative activity. Bitcoin ‘Fair Value’ Priced… Continue reading Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues