Tag Archives: bitcoin

Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?

Posted on by — No Comments ↓

Bitcoin has had a whirlwind few days, hitting an all-time high (ATH) last Tuesday before tumbling into a sharp 15% correction. This period of heightened volatility has left investors divided, with some expecting a continued uptrend while others brace for more downside. The market is closely watching Bitcoin’s ability to reclaim its bullish momentum. Top… Continue reading Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?→

Bitcoin Price Could Rally To $178,000 If History Repeats — Here’s Why

Posted on by — No Comments ↓

The price of Bitcoin fell to around $92,000, Friday afternoon, December 20 after the US Federal Reserve’s rate cut triggered a sharp selloff in the crypto market. However, the premier cryptocurrency seems to be recovering nicely, having returned above the $97,000 level on the same day. While investors would be hoping to see the Bitcoin… Continue reading Bitcoin Price Could Rally To $178,000 If History Repeats — Here’s Why→

Bitcoin Demand On The Rise Again — What’s Happening?

Posted on by — No Comments ↓

This week was one of two distinct halves for the price of Bitcoin, with the premier cryptocurrency rising to a new all-time high and dropping by about 13% a few days later. On Friday, December 20, the BTC price dropped to as low as $92,000. This abrupt Bitcoin price decline came following the US Federal… Continue reading Bitcoin Demand On The Rise Again — What’s Happening?→

Bitcoin Will Test ATH Once It Breaks This Strong Supply Zone – Details

Posted on by — No Comments ↓

Bitcoin is currently trading at $97,600, following a sharp dip from its all-time high and a modest recovery from the critical $92,000 support level. This recent price movement highlights the market’s ongoing volatility as investors grapple with shifting sentiment and technical levels. Despite the rebound, Bitcoin now faces a significant challenge in sustaining its upward… Continue reading Bitcoin Will Test ATH Once It Breaks This Strong Supply Zone – Details→

Bitcoin Price Above $100,000 Again? Why $99,800 Is An Important Resistance To Break

Posted on by — No Comments ↓

The Bitcoin price is approaching the $100,000 level again after propelling Bitcoin past the $100,000 mark.  Bitcoin Price Faces Resistance At $99,800 Prominent crypto analyst Ali Martinez hasBitcoin price is facing extreme resistance between the $97,500 and $99,800 price levels as it tries to breach $100,000 again. Martinez noted that around this price range, approximately… Continue reading Bitcoin Price Above $100,000 Again? Why $99,800 Is An Important Resistance To Break→

Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn?

Posted on by — No Comments ↓

Bitcoin has faced its first major correction since early November, dropping 13% from its all-time high of $108,364. This sudden pullback has sent shockwaves across the crypto market, shifting sentiment from extreme bullishness to uncertainty and even fear. The sell-off has been particularly brutal for altcoins, many of which are bleeding hard as Bitcoin struggles… Continue reading Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn?→

Bitcoin Price Repeating December 2023’s Playbook: Is The ‘Actual Breakout’ Yet To Come?

Posted on by — No Comments ↓

Bitcoin (BTC) tries the $100,000 support zone after falling to $98,000 during the recent market shakeout. According to some market watchers, the flagship crypto’s recent performance resembles its December 2023 trajectory, suggesting that BTC might see a massive breakout soon. Bitcoin Price Mirrors December 2023’s Performance On Wednesday, Bitcoin and the rest of the crypto… Continue reading Bitcoin Price Repeating December 2023’s Playbook: Is The ‘Actual Breakout’ Yet To Come?→

Is This The Bottom? Experts Weigh In On Bitcoin 13% Dip And Potential Recovery

Posted on by — No Comments ↓

Bitcoin (BTC) is experiencing its first seven-day decline in eight weeks, prompted by hawkish signals from the US Federal Reserve (Fed) that have led traders to sell off the asset, which has more than doubled in value this year.  Bitcoin Rebounds To $97,500 After Historic ETF Outflow The market’s leading cryptocurrency saw a drop of… Continue reading Is This The Bottom? Experts Weigh In On Bitcoin 13% Dip And Potential Recovery→

Bitcoin Drops Below $98K—Is This the Perfect Buying Opportunity for Investors?

Posted on by — No Comments ↓

Bitcoin, the leading cryptocurrency by market capitalization, has recently experienced a significant and sudden price correction, sparking debate among investors. Concerns have surfaced about whether this downturn signals the conclusion of the current bull cycle or merely represents a temporary setback. While short-term holders face losses, long-term metrics provide a broader perspective on Bitcoin’s trajectory,… Continue reading Bitcoin Drops Below $98K—Is This the Perfect Buying Opportunity for Investors?→

Spot Bitcoin ETFs Bleed: 6,700 BTC Exit Amidst Largest Outflow In Months

Posted on by — No Comments ↓

Amid a wider readjusting of market expectations for interest rate cuts by the Federal Reserve (Fed) for 2025, investors withdrew a record $680 million from Bitcoin ETFs on Thursday, the highest outflow in a single day since January’s approval of these investment funds. Grayscale And Bitwise Bitcoin ETFs Experience 8% Decline  As Bitcoin ETFs faced… Continue reading Spot Bitcoin ETFs Bleed: 6,700 BTC Exit Amidst Largest Outflow In Months→