Tag Archives: Bitcoin News

Bitcoin Crashes: Here’s Where The Nearest On-Chain Support Is

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Bitcoin has observed a plunge during the past day. Here’s the nearest on-chain level that the asset would end up retesting if the drawdown elongates. 1 Week To 1 Month Bitcoin Holders Have Their Realized Price At $97,900 As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, the Realized Price… Continue reading Bitcoin Crashes: Here’s Where The Nearest On-Chain Support Is→

Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day

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On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider cryptocurrency rally. USDT Exchange Inflows Have Remained High Recently In a new Exchange Flow Balance” here refers to an indicator that keeps track of the net amount of a given… Continue reading Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day→

Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report

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In a report published on December 17, analysts at cryptocurrency exchange Bitfinex stated that a combination of rising institutional adoption of Bitcoin (BTC) and bullish technical indicators could push the leading cryptocurrency as high as $200,000 by mid-2025. The report also predicts that any price corrections during 2025 are likely to ‘remain mild.’ Bitcoin Pullbacks… Continue reading Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report→

Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon?

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Bitcoin has seen continuous bullish momentum in recent weeks resulting in the asset’s consistent new highs. According to recent analysis, this momentum appears to not just be random as it comes amid major moves behind the scenes. Particularly, recent data indicates that Bitcoin reserves have dropped to a historic low of 2.4 million, signaling a… Continue reading Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon?→

Interest Rate Cut Impact: Bitcoin Price Reaction Unraveled With Future Projections

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The Bitcoin price experienced a significant downturn on Wednesday, briefly falling below the $100,000 milestone as the US Federal Reserve’s (Fed) cautious outlook on interest rate cuts dampened crypto investments.  At one point in Wednesday’s trading session, the market’s leading crypto dropped to $98,760 before recovering to the six-figure mark. Other cryptocurrencies, including Ethereum (ETH)… Continue reading Interest Rate Cut Impact: Bitcoin Price Reaction Unraveled With Future Projections→

Bitcoin Price Still Mirroring Bullish Move From 2023, What To Expect After Hitting $108,000 ATH

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Crypto analyst Charting Guy has provided a major update on the Bitcoin price action as BTC hit a new all-time high (ATH) at $108,000. The analyst drew similarities between the current price and that of 2023 while revealing what could happen next for the flagship crypto.  What Next As Bitcoin Price Mirrors 2023 Move In… Continue reading Bitcoin Price Still Mirroring Bullish Move From 2023, What To Expect After Hitting $108,000 ATH→

Bitcoin’s Record ATH Surge: Key Factors Behind the Rise and Future Predictions

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According to reports, on December 17, Bitcoin (BTC) hit a new all-time high (ATH) of $107,756.83 before falling to $106,657.32 at the time of writing. It continues to rule the cryptocurrency field thanks to its strong bullish momentum, which has market watchers wondering if it could soon shatter this record and reach a new all-time… Continue reading Bitcoin’s Record ATH Surge: Key Factors Behind the Rise and Future Predictions→

US Strategic Bitcoin Reserve Could Push Price To $500,000: Expert

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In an exclusive exchange-traded funds (ETFs), corporate investments, and governmental acquisitions. Hougan elaborated, “There are ETFs that are vacuuming up Bitcoin, public companies like MicroStrategy are accumulating Bitcoin, and now we’re seeing discussions about governments investing in Bitcoin. It ultimately boils down to supply and demand—there’s too much demand and not enough supply, which drives… Continue reading US Strategic Bitcoin Reserve Could Push Price To $500,000: Expert→

Bitcoin’s Price Momentum Shifts As Spot Market Outpaces Futures – Here’s What It Means

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Bitcoin has continued its upward trajectory as recent market trends highlight a shift in investor behaviour. According to data shared by CryptoQuant analyst Avocado Onchain, spot market demand has emerged as a significant driving force behind Bitcoin’s ongoing price increases. This trend indicates growing buying pressure from long-term investors, as speculative activity in the futures… Continue reading Bitcoin’s Price Momentum Shifts As Spot Market Outpaces Futures – Here’s What It Means→

MicroStrategy’s Bankruptcy Risk: CEO Warns Bitcoin Must Drop To $16,500 To Trigger Collapse

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MicroStrategy, the business intelligence firm co-founded by Bitcoin bull Michael Saylor, has significantly ramped up its Bitcoin acquisition strategy, surpassing 400,000 BTC in holdings.  However, concerns about the company’s financial stability tied to the Bitcoin price have emerged, particularly from Ki Young Ju, CEO of CryptoQuant. Ju cautioned that while the prospect of MicroStrategy facing… Continue reading MicroStrategy’s Bankruptcy Risk: CEO Warns Bitcoin Must Drop To $16,500 To Trigger Collapse→