Tag Archives: bitcoin

Strategy Latest Acquisition: 6,556 BTC Added To Massive Bitcoin Stash For Half A Billion

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Strategy, formerly known as MicroStrategy, the now Bitcoin proxy firm founded by Bitcoin (BTC) bull Michael Saylor, made headlines once again on Monday by acquiring an additional 6,556 BTC, bringing its total BTC holdings to an impressive 538,200 BTC.  This latest purchase, amounting to approximately $556 million at an average price of $84,785 per Bitcoin,… Continue reading Strategy Latest Acquisition: 6,556 BTC Added To Massive Bitcoin Stash For Half A Billion→

Bitcoin Spot ETFs See Massive Drawdown, But Here’s Why a Bull Run Might Be Brewing

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Bitcoin has now been seeing a consistent price increase, indicating a resumption in upward momentum. So far, the asset has regained some of its losses from its recent period of correction, with its price now trading above $87,000, closing in on the $90,000 psychological level. At the time of writing, BTC trades at $87,361, surging… Continue reading Bitcoin Spot ETFs See Massive Drawdown, But Here’s Why a Bull Run Might Be Brewing→

Ethereum Attempts Breakout From Multi-Month Downtrend, But Can ETH Hold $1,600?

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Amid the latest market recovery, Ethereum (ETH) attempted to break out from its multi-month downtrend, leading some market watchers to suggest that a new rally could start soon. However, as price struggles to hold the $1,600 level as support, the cryptocurrency risks losing recent momentum. Ethereum Breakout Eyes Key Resistance On Easter Sunday, the crypto… Continue reading Ethereum Attempts Breakout From Multi-Month Downtrend, But Can ETH Hold $1,600?→

Analyst’s Bitcoin Price Prediction From March Plays Out, Here’s The Rest Of It

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A Bitcoin price prediction made exactly one month ago by popular crypto analyst Doctor Profit on social media platform X has unfolded with interesting accuracy. On March 21, Doctor Profit outlined a detailed price trajectory for Bitcoin, predicting specific price movements, resistance and support zones, and the influence of the M2 money supply. Fast forward… Continue reading Analyst’s Bitcoin Price Prediction From March Plays Out, Here’s The Rest Of It→

Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows

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China has added five tonnes of gold to its reserves in under a month as part of an increasing aggressive purchase of the precious metal. Bitcoin continues to stand firm above the $87,000 level despite recent market fluctuations. PBOC Gold Accumulation Up As Bitcoin Price Soars According to the Kobeissi Letter in posting messages on… Continue reading Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows→

Bitcoin Price Breakout In Progress—Momentum Builds Above Resistance

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Bitcoin price is slowly moving higher above the $86,500 zone. BTC is gaining pace and might continue higher in the near term. Bitcoin found support at $84,200 and started a recovery wave. The price is trading above $85,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line… Continue reading Bitcoin Price Breakout In Progress—Momentum Builds Above Resistance→

What’s Next For Bitcoin After Crossing $87,000? Expert Discusses Possible Outcomes

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This Sunday, the market’s leading cryptocurrency, Bitcoin (BTC), has once again crossed the $87,000 mark, following what analysts describe as a healthy correction that brought prices down to $74,000 earlier this month.  In a recent post on social media platform X (formerly Twitter), crypto analyst Doctor Profit provided a comprehensive analysis of the current price… Continue reading What’s Next For Bitcoin After Crossing $87,000? Expert Discusses Possible Outcomes→

Bitcoin Surges Above $87,000 In Sudden Move — Here’s The Catalyst

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The Bitcoin price spiked to $87,400 on April 21, its highest level since March 29. The intraday rally added more than $3,000 to the asset in less than 24 hours, erasing a substantial portion of April’s drawdown. While the single‑day appreciation of about 4% is not unprecedented for the notoriously volatile asset, the backdrop that… Continue reading Bitcoin Surges Above $87,000 In Sudden Move — Here’s The Catalyst→

Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level

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The Bitcoin price continues to trend low and has failed to reclaim $90,000. The bears have dominated during the last few months, dragging Bitcoin down from above $100,000 to below $80,000, before the bounce to $83,000. Now, these developments have triggered doubts in the minds of investors as to whether the bull run might be… Continue reading Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level→

Bitcoin Bull Market Remains Intact Unless This Support Breaks – Analyst

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Popular crypto analyst Tony Severino has shared a bold take on the current Bitcoin (BTC) market structure. The chartered market technician has stated that the Bitcoin bull market remains active unless the price falls below a specific level.  Notably, Bitcoin saw a heavy correction after hitting a peak price of $109,000 in January. Over the… Continue reading Bitcoin Bull Market Remains Intact Unless This Support Breaks – Analyst→