Bitcoin Set To Hit $189K As Global Liquidity Tops $127T – Analysts

According to a report by digital asset firm CoinShares, Bitcoin could see a surge of more than 65% from today’s price if it wins just a small slice of major monetary pools. At its current level just above $113,500, that jump would take BTC up to about $189,000. It’s a simple idea with big implications.… Continue reading Bitcoin Set To Hit $189K As Global Liquidity Tops $127T – Analysts

Slow And Steady: Bitcoin’s Current Rise Feels Different—Study

Bitcoin’s recent climb has been calm and measured, a sharp contrast to the explosive rallies of the past. It’s trading above its historical growth path, but far from overheating. Long-time holders remain mostly inactive, while the bulk of trading activity is coming from fresh faces in the market. Bitcoin Growth Remains On Track Based on… Continue reading Slow And Steady: Bitcoin’s Current Rise Feels Different—Study

More Work, Less Reward: Bitcoin Mining Toughens As Price Sinks To $113K

Bitcoin’s network just got a lot tougher to mine while its price took a hit. According to data from CoinWarz, mining difficulty climbed to a record 127.6 trillion this week. At the same time, Bitcoin fell by 3%, touching an intraday low of $113,005 before edging back to $113,250 by 7:30 pm ET. Mining Difficulty… Continue reading More Work, Less Reward: Bitcoin Mining Toughens As Price Sinks To $113K

Satoshimeter Shows Where Bitcoin Price Is In This Cycle

The Bitcoin price surge above $120,000 has reignited speculation about where the flagship cryptocurrency stands in the current cycle. While price action alone offers only part of the picture, on-chain data from the Satoshimeter indicator suggests that Bitcoin is still firmly in the mid-phase of its cycle, pointing to significant potential ahead in its long-term… Continue reading Satoshimeter Shows Where Bitcoin Price Is In This Cycle

Bitcoin Long-Term Holders May Be Selling, But Is The Bull Run Really Over?

The Bitcoin price kicked off the weekend in the worst way possible, falling beneath the $115,000 level for the first time since early July. Considering the supposed significance of this price mark, there have been questions about how much headroom the price of Bitcoin still has. The latest on-chain data suggests that the Bitcoin bull… Continue reading Bitcoin Long-Term Holders May Be Selling, But Is The Bull Run Really Over?

Coinbase Bitcoin Premium Just Turned Red For The First Time Since May — What This Means

Coinbase’s Bitcoin premium has dropped into negative territory for the first time since May. This development is bearish for the flagship crypto as it suggests that demand from the U.S. may be waning.  Coinbase Bitcoin Premium In The Red CryptoQuant data shows that the Coinbase Bitcoin Premium Index is at -0.00254829, marking the first time… Continue reading Coinbase Bitcoin Premium Just Turned Red For The First Time Since May — What This Means

Bitcoin Bull Market Is Over? Analyst Calls 50% Crash To $60,000

In a post shared on TradingView, crypto analyst Xanrox argues that the current bullish cycle is nearly over, pointing to a potential downtrend that would see the Bitcoin price crash to $60,000. This analysis comes as Bitcoin is trading within a very quiet phase, prompting many crypto traders and crypto analysts to start reassessing its… Continue reading Bitcoin Bull Market Is Over? Analyst Calls 50% Crash To $60,000

Analyst Says Bitcoin’s Final Leg Is Near – Time To Be ‘Cautiously Optimistic’?

As Bitcoin (BTC) continues to trade within its local range, the cryptocurrency eyes a trend continuation, aiming to go on uncharted territory again. Despite the bullish setup, an analyst suggests that investors start to become more cautious as the weeks progress. Bitcoin Bull Flag To Determine Next Move Since the early July breakout, Bitcoin has… Continue reading Analyst Says Bitcoin’s Final Leg Is Near – Time To Be ‘Cautiously Optimistic’?

Bitcoin Ain’t ‘Better’, ADA Is, Cardano Founder Says

Cardano’s founder Charles Hoskinson says Bitcoin wasn’t the only story in crypto’s early days. In the last 12 months, ADA climbed 90%, leaving Bitcoin’s 70% gain behind. He argues that this gap isn’t new—it’s been widening ever since Cardano switched hundreds of millions of dollars’ worth of BTC into building its own network. Cardano Vs.… Continue reading Bitcoin Ain’t ‘Better’, ADA Is, Cardano Founder Says

This Indicator Has Perfectly Called Bitcoin Cycle Tops, Here’s What It’s Saying Now

Market expert Mark Moss has drawn the crypto community’s attention to an indicator that has perfectly nailed Bitcoin cycle tops. Based on this indicator, the expert revealed that the cycle top is unlikely to happen this year, as other analysts may have predicted.  Pi Cycle Top Indicator Reveals Next Bitcoin Cycle Top In an X… Continue reading This Indicator Has Perfectly Called Bitcoin Cycle Tops, Here’s What It’s Saying Now