Tag Archives: Bitcoin News

Bitcoin MACD Turns Bullish Since 2023: Predictions Of Cycle Top And Next Bear Market Bottom

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As Bitcoin (BTC) experiences a minor correction, trading below the critical $66,000 support level after several unsuccessful attempts to breach the $70,000 mark, analysts observe significant technical indicators that may signal future price recoveries.  Notably, BTC’s weekly Moving Average Convergence Divergence (MACD) has turned bullish for the first time since October 2023. This shift in… Continue reading Bitcoin MACD Turns Bullish Since 2023: Predictions Of Cycle Top And Next Bear Market Bottom→

Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed

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Bitcoin (BTC) has seen a slight price decline recently, but according to a new analysis, there could still be signs of a potential short-term uptrend. A CryptoQuant analyst, Yonsei Dent, shared his insights on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on Bitcoin’s price movement. Key Indicators For Bitcoin… Continue reading Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed→

$200,000 Bitcoin In 2025? $791 Billion Asset Manager Calls It ‘Conservative’

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Bernstein Research, the esteemed research arm of global asset manager AllianceBernstein, is projecting that Bitcoin will reach $200,000 by the end of 2025. The firm, which manages assets worth $791 billion as of August 2024, labels this prediction as “conservative” in its latest 160-page “Black Book” on Bitcoin. Why BTC Price Will Hit $200,000 In… Continue reading $200,000 Bitcoin In 2025? $791 Billion Asset Manager Calls It ‘Conservative’→

Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive

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Bitcoin has been on an impressive surge since early September, rising by 31% from local lows around $53,000. However, after testing the $69,500 supply level, the cryptocurrency faces selling pressure. Despite this, Bitcoin remains strong, holding above the previous high of around $66,000, a crucial level determining its next move. Key data from CryptoQuant reveals… Continue reading Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive→

Bitcoin Options Traders Set Sights On $80,000 By November-End, Regardless Of US Election Outcome

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As the US presidential election approaches, the crypto community is buzzing with speculation regarding how the outcome will affect the Bitcoin price.  With just 15 days until the election between former President Donald Trump and Vice President Kamala Harris, options traders are increasingly optimistic about a new all-time high for Bitcoin, regardless of who wins… Continue reading Bitcoin Options Traders Set Sights On $80,000 By November-End, Regardless Of US Election Outcome→

Bitcoin Retail Demand Rises 13% In 1 Month: Time For Q4 2024 Rally?

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After four months of declining transaction volumes from retail investors, Bitcoin (BTC) retail on-chain activity shows signs of resurgence. Will Bitcoin Benefit From Rising Retail Participation? According to a recent analysis by on-chain analytics platform CryptoQuant, BTC transactions worth less than $10,000 are rising, reflecting a shift in the market’s sentiment from risk-averse to risk-on.… Continue reading Bitcoin Retail Demand Rises 13% In 1 Month: Time For Q4 2024 Rally?→

Bitcoin’s Quarterly Performance Hints At Possible Correction—Here’s What You Should Know

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As Bitcoin experiences a gradual recovery in its price performance, a new analysis sheds light on the cryptocurrency’s broader market stance. A CryptoQuant analyst known as “Crazzyblockk” recently shared an in-depth key metrics like the asset’s market capitalization and realized capitalization. According to the analyst, examining these metrics every quarter can offer valuable insights into… Continue reading Bitcoin’s Quarterly Performance Hints At Possible Correction—Here’s What You Should Know→

Here’s Why The Bitcoin Price Saw Sharp Crash Below $67,000

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The Bitcoin price briefly crashed below $67,000 on October 21, although it quickly reclaimed this level as support before the daily close. This price decline is believed to be due to its correlation with the stock market, which also experienced a drop of its own.  Why The Bitcoin Price Dropped Below $67,000 The Bitcoin price… Continue reading Here’s Why The Bitcoin Price Saw Sharp Crash Below $67,000→

Expert Sets $285,000 Bitcoin Price Target Based On Quantile Model

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Sina—a professor, consultant, and co-founder & COO of 21stCapital.com—is projecting that the Bitcoin price could rise as high as $285,000 by the end of 2025 in a new analysis shared on X. Utilizing a quantile regression model, Sina identifies distinct phases in Bitcoin’s market cycle. Can Bitcoin Price Skyrocket Above $200,000? The accumulate.” The Warm… Continue reading Expert Sets $285,000 Bitcoin Price Target Based On Quantile Model→

Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path

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A crypto analyst has projected a significant break to the upside for Bitcoin, drawing parallels to similar breakouts in traditional assets in the tune of the Gold and the S&P500. According to a technical analysis of the current price action, Bitcoin is playing out a cup and handle pattern, which could send it surging to… Continue reading Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path→