Tag Archives: Bitcoin News

Bitcoin Price Can Recover To $107,000 Again If This Important Level Is Broken

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Over the last few weeks, the Bitcoin price has been on a downward trend, experiencing significant declines that have pushed it below its all-time high above $104,000. Despite this price crash, a crypto analyst has predicted that Bitcoin could recover from this slump and potentially reach a new ATH at $107,000. However, for the pioneer… Continue reading Bitcoin Price Can Recover To $107,000 Again If This Important Level Is Broken→

Bitcoin Coinbase Premium Giving Potential Buy Signal, Quant Says

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A quant has explained how the latest trend in the Bitcoin Coinbase Premium Index could imply a buying opportunity for the asset. Bitcoin Coinbase Premium Index Has Plunged To -0.221% In a CryptoQuant Quicktake Coinbase Premium Index” refers to a metric that keeps track of the percentage difference between the BTC price on Coinbase (USD… Continue reading Bitcoin Coinbase Premium Giving Potential Buy Signal, Quant Says→

Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops

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Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated. This trend suggests a potential “imbalance” in market dynamics, where… Continue reading Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops→

Bitcoin’s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?

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Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profit Ratio (SOPR) for long-term holders has particularly emerged as a critical tool for assessing investor sentiment and market resilience. Long-term holders, defined as investors holding Bitcoin for over 155… Continue reading Bitcoin’s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?→

Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000

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The recent Bitcoin price action has been marked by a correction from its all-time high of $108,135 achieved just a week ago. Although Bitcoin has largely held up above the $90,000 mark, the correction has seen the cryptocurrency falling to as low as $92,500 in the past 24 hours. This decline has not only shaken… Continue reading Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000→

Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?

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A crypto analyst has shared a TD Sequential chart indicating that the Bitcoin price is flashing a major buy signal in the 4-hour time frame. This signal suggests that Bitcoin’s bearish momentum could be waning, making this a potentially critical moment to consider entering the market. Bitcoin Price TD Sequential Flashes Buy Signal A potential… Continue reading Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?→

Bitcoin To Top Above $168,500 Based On This Indicator, Analyst Reveals

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An analyst has explained how Bitcoin could see a top beyond the $168,500 mark based on the historical trend in this indicator. Bitcoin Mayer Multiple Could Reveal Location Of Next Price Top In a new Mayer Multiple” refers to an indicator that keeps track of the ratio between the Bitcoin price and its 200-day moving… Continue reading Bitcoin To Top Above $168,500 Based On This Indicator, Analyst Reveals→

Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase

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Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm’s largest Bitcoin acquisition to date. Metaplanet Increases BTC Holdings To 1,762 The recent crypto market downturn from its all-time highs… Continue reading Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase→

What’s The Worst Case Scenario For Bitcoin Right Now? Analyst Explains

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In his latest video published on December 21, crypto analyst Rekt Capital tried to answer the question “What’s The Worst Case Scenario For Bitcoin Right Now?”. After reaching a new all-time high at $108,374 on December 17, the BTC price is down more than -11%. How Low Can Bitcoin Price Go? Rekt Capital put the… Continue reading What’s The Worst Case Scenario For Bitcoin Right Now? Analyst Explains→

Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You

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As of December 21, 2024, the Bitcoin price is trading at around $98,600, reflecting a 3.4% increase from its previous close. This rise is part of a broader trend marked by substantial price fluctuations in the past seven days, which saw Bitcoin breaking below close support levels. Particularly, Bitcoin’s price movement in the past few… Continue reading Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You→