Tag Archives: Bitcoin News

Bitcoin Could Go ‘Bananas’ If Price Closes Above This Level, Top Analyst Says

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An analyst has explained how Bitcoin has been tracking Gold for a while now, which could provide hints about what may be next for BTC. Bitcoin Has Been Following In Gold’s Footsteps on 2-Day Timeframe Last year, Capriole Investments founder Charles Edwards shared in an X Gold all-time high (ATH). Below is the chart that… Continue reading Bitcoin Could Go ‘Bananas’ If Price Closes Above This Level, Top Analyst Says→

Strategy Latest Bitcoin Purchase: 705 BTC Bought For $75 Million

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Strategy (previously MicroStrategy), the Bitcoin (BTC) proxy firm led by Michael Saylor, has made headlines again with its latest acquisition of the market’s leading cryptocurrency.  In a Monday filing with the US Securities and Exchange Commission (SEC), the company revealed that it purchased an additional 705 BTC between May 26 and June 1, bringing its… Continue reading Strategy Latest Bitcoin Purchase: 705 BTC Bought For $75 Million→

Bitcoin Price Crash To $104,000: What You Need To Know In June

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Crypto analyst Doctor Profit has risen in fame for making multiple near-perfect calls for the Bitcoin price. He had predicted the Bitcoin decline from $109,000 back down and then called a bottom at $77,000, predicting the BTC price would bounce to new all-time highs, which it did. Now, with the Bitcoin price recoiling from hitting… Continue reading Bitcoin Price Crash To $104,000: What You Need To Know In June→

Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says

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Bitcoin’s bullish momentum has somewhat faded after reaching an all-time high of $111,000 on May 22, casting doubt on the sustainability of the rally. Bitcoin has pulled back slightly after its record-setting push, and analysts are split on what this means for its price action going forward.  Interestingly, not everyone is convinced the recent all-time… Continue reading Bitcoin Rise To $111,000 ATH Doesn’t Mean The Market Is Bullish, Certified Expert Says→

Bitcoin Vs. M2: Abra CEO Sees $130,000 As Liquidity Floods In

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Bill Barhydt, the founder and chief executive of crypto-banking platform Abra, set Crypto-X alight over the weekend by reposting a collage of global M2-versus-Bitcoin charts first popularised by macro investor Raoul Pal and researcher Julien Bittel. “I’ve seen over a dozen posts with different versions of the global liquidity M2 vs Bitcoin price chart –… Continue reading Bitcoin Vs. M2: Abra CEO Sees $130,000 As Liquidity Floods In→

Binance Taker Buy/Sell Ratio Falls Below 1.0 as Bitcoin Sees Renewed Selling

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Bitcoin (BTC) has experienced a noticeable retracement after recently achieving a record high above $111,000 last month. Currently priced at $104,115, the cryptocurrency has declined approximately 5.2% in the past 7 days, marking roughly a 7% drop from its peak price. This sudden decrease has sparked considerable attention among market participants, who closely observe potential… Continue reading Binance Taker Buy/Sell Ratio Falls Below 1.0 as Bitcoin Sees Renewed Selling→

Bitcoin Price Risks Break Down To $92,000 As It Enters Accumulation Phase

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The Bitcoin price has turned bearish after hitting a new all-time high above $111,000 back in May. This turn in the tide was expected as the rally put Bitcoin holders in massive profit, showing a risk of profit-taking that could tank the price. So far, the price is already down by 6% % from its… Continue reading Bitcoin Price Risks Break Down To $92,000 As It Enters Accumulation Phase→

Bitcoin Price Trend Above $100,000: The Good News And The Bad News

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Although the past 24 hours have been characterized by heavy selloffs, Bitcoin is still currently holding above the $100,000 level, trading around $103,700 as of the time of writing. Notably, signs of exhaustion are also beginning to surface for Bitcoin, especially in the past 48 hours. While long-term indicators suggest a bullish continuation for the… Continue reading Bitcoin Price Trend Above $100,000: The Good News And The Bad News→

Bitcoin Still Bullish, But $200,000 Off The Table And $137,000 In Sight

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Bitcoin’s price action has drawn a sharp dividing line between long-term bullish expectations and short-term reality. After peaking above $111,000 in May, the Bitcoin price has entered a retracement phase and is now trading below $105,000. While some interpret the current downturn as a sign of a weakening trend, others see it as a textbook… Continue reading Bitcoin Still Bullish, But $200,000 Off The Table And $137,000 In Sight→

Crypto Bulls See $644M Bloodbath As Bitcoin Dips Below $105,000

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Data shows a large number of long liquidations have occurred in the cryptocurrency market as Bitcoin and other assets have plunged. Crypto Liquidations Have Surpassed $712 Million Over The Past Day According to data from CoinGlass, chaos has occurred on the derivatives market following the volatility Bitcoin and the company have gone through during the last… Continue reading Crypto Bulls See $644M Bloodbath As Bitcoin Dips Below $105,000→