Tag Archives: bitcoin

Bitcoin Decline Continues: Is $86,800 The Level To Watch?

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On-chain data shows the Realized Price of the Bitcoin short-term holders lies at $86,800 right now, making the level one to watch. Bitcoin Is Still At A Notable Gap From Short-Term Holder Cost Basis In a new Market Value to Realized Value (MVRV) Ratio,” which keeps track of the ratio between BTC’s Market Cap and… Continue reading Bitcoin Decline Continues: Is $86,800 The Level To Watch?→

Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000

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The Bitcoin price crash to $91,000 was unexpected, driven by diminishing market dominance and rising volatility. Despite this setback, an analyst predicts an even bleaker outlook for the leading cryptocurrency. The formation of a bearish flag pattern suggests further price declines could be on the horizon, with the analyst projecting a steeper price plunge towards… Continue reading Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000→

Market Alert: Bitcoin’s $81K Support Zone Could Decide Its Next Big Move

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As Bitcoin continues to slowly decline in price, the asset appears to be moving closer to a key psychological level. With uncertainty surrounding the continuation of Bitcoin’s current trend, speculation remains divided on whether the crypto asset is preparing for another upward breakout or entering a phase of correction. Recent on-chain data suggests that specific… Continue reading Market Alert: Bitcoin’s $81K Support Zone Could Decide Its Next Big Move→

Bitcoin Sentiment Now Worst Since Mid-October: Reversal Signal?

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Data shows the Bitcoin investor sentiment has plunged to the lowest level since the middle of October. Here’s what this could mean for BTC’s price. Bitcoin Fear & Greed Index Has Seen A Decline Recently The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the general sentiment present… Continue reading Bitcoin Sentiment Now Worst Since Mid-October: Reversal Signal?→

Altcoins To Explode In Early 2025: Analyst Says “Grand Finale” Is Around The Corner

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With the new year approaching, some analysts forecasted a “very bullish” 2025 for Altcoins. The sector is expected to explode soon and kickstart the long-awaited “Altseason” after retesting a key support level. Altcoins Retest Key Support Level Amid the recent market’s performance, many Altcoins have struggled to record significant gains. However, several market watchers forecasted… Continue reading Altcoins To Explode In Early 2025: Analyst Says “Grand Finale” Is Around The Corner→

Legendary Analyst Peter Brandt Says Bitcoin Price Could Crash To $78,000, Here’s Why

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Legendary analyst Peter Brandt has provided a bearish outlook for the Bitcoin price. He predicted it could crash to as low as $78,000 and explained why he holds such a bearish sentiment.  Peter Brandt Predicts Bitcoin Price Crash To $78,000 In an head and shoulders top pattern. The legendary analyst remarked that a complete formation… Continue reading Legendary Analyst Peter Brandt Says Bitcoin Price Could Crash To $78,000, Here’s Why→

Will Bitcoin Enter Its Most Massive Bull Cycle? This Engineer Thinks So

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Although Bitcoin is having a rough moment this week, with prices oscillating between $93k and $96k, at least one popular crypto commentator is predicting a massive price run soon. According to Ted Boydston, the market should prepare for a manic bull run in the coming days, with Bitcoin’s price targeting $225k. Boydston highlights the price… Continue reading Will Bitcoin Enter Its Most Massive Bull Cycle? This Engineer Thinks So→

El Salvador Bitcoin Buying Spree Continues, BTC Holdings Now At 6,000

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Since making Bitcoin a legal tender in 2021, the El Salvador government, led by President Nayib Bukele, has pursued a consistent strategy of accumulating Bitcoin. This Bitcoin accumulation strategy, which has largely paid off, has continued up until now. According to recent data, El Salvador has now crossed the 6,000 BTC threshold. This makes El… Continue reading El Salvador Bitcoin Buying Spree Continues, BTC Holdings Now At 6,000→

Bitcoin As A Strategic Asset? CryptoQuant CEO Questions US’s Next Move

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Since President-elect Donald Trump raised the possibility of establishing a US Bitcoin Strategic Reserve, many advocates have pushed for the creation of the crypto stockpile, saying that it would make the country as the leader in the global cryptocurrency landscape. However, not everyone in the crypto community is convinced of the feasibility of the crypto… Continue reading Bitcoin As A Strategic Asset? CryptoQuant CEO Questions US’s Next Move→

Bitcoin Price on the Brink: Could a Deeper Drop Be Ahead?

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Bitcoin price failed to surpass $95,500 and declined again. BTC is back below $94,500 and might revisit the $91,200 support zone. Bitcoin started a fresh decline from the $96,500 zone. The price is trading below $95,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $94,000… Continue reading Bitcoin Price on the Brink: Could a Deeper Drop Be Ahead?→