Tag Archives: bitcoin

Bitcoin Price Forms Bullish Symmetrical Triangle, Crypto Analyst Says Next Stop Is $100,000

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The Bitcoin price movements have recently formed a bullish symmetrical triangle pattern, a technical indicator that often precedes significant upward momentum. This pattern formation has come amidst a back and forth between $93,477 and $85,970 after the Bitcoin price reached an all-time high of $93,477 on November 14. The observation of this bullish symmetrical triangle… Continue reading Bitcoin Price Forms Bullish Symmetrical Triangle, Crypto Analyst Says Next Stop Is $100,000→

Bitcoin Price on the Rise: Is There More Fuel for the Rally?

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Bitcoin price is consolidating gains near the $91,000 zone. BTC is holding gains and might soon aim for more upsides above the $94,000 level. Bitcoin started a fresh increase above the $91,000 zone. The price is trading above $91,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with… Continue reading Bitcoin Price on the Rise: Is There More Fuel for the Rally?→

Whale Accumulation Points to Bitcoin Gains, But Here’s Why Investors Should Stay Alert

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Bitcoin price movements often correlate with large-scale investors’ actions, commonly called “whales.” These individuals or entities hold between 1,000 and 10,000 BTC, and their trading behavior is a critical indicator of market trends. With that being said, recent data indicates that these whales have been increasing their Bitcoin holdings, which has fuelled momentum in the… Continue reading Whale Accumulation Points to Bitcoin Gains, But Here’s Why Investors Should Stay Alert→

Bitcoin Closing In On $100K: The Case For A Future Valuation Of $1 Million

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Since November 5, the day President-elect Donald Trump secured another term in office, Bitcoin has experienced a remarkable uptrend, reaching a new all-time high of $93,300.  Since then, BTC has been trading within a narrow range between $89,000 and $92,000, positioning for a potential move toward the $100,000 milestone. This raises an intriguing question whether… Continue reading Bitcoin Closing In On $100K: The Case For A Future Valuation Of $1 Million→

Here’s Why The Bitcoin Price Could Surge To $138,000 Before Recording A 30% Crash

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Crypto analyst Ali Martinez has provided insights into what the Bitcoin price trajectory could look like in the coming weeks. Interestingly, the analyst predicted that Bitcoin could rally to $138,000 and then experience a 30% price crash.  Why Bitcoin Could Rise To $138,000 And Crash After In an X post, Martinez alluded to historical trends… Continue reading Here’s Why The Bitcoin Price Could Surge To $138,000 Before Recording A 30% Crash→

Bitcoin Is About To See A Historically-Profitable Crossover In This Metric

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On-chain data shows the Bitcoin Puell Multiple is about to undergo a crossover that has historically been very bullish for BTC’s price. Bitcoin Puell Multiple Could Cross Its 365-Day MA In Near Future As pointed out by an analyst in a CryptoQuant Quicktake Puell Multiple” here refers to a popular on-chain indicator that tells us… Continue reading Bitcoin Is About To See A Historically-Profitable Crossover In This Metric→

Bitcoin Reaches New High Of $94,000: Blockstream CEO Anticipates $1 Million Ahead

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Bitcoin (BTC) has achieved a historic milestone, reaching $94,000 for the first time, fueled by a significant uptrend since November 5, the day President-elect Donald Trump secured his re-election. Trump’s promise to bring regulatory clarity to digital assets has ignited a strong rally, with BTC recording a 40% increase in just two weeks. ‘Prepare For… Continue reading Bitcoin Reaches New High Of $94,000: Blockstream CEO Anticipates $1 Million Ahead→

Bitcoin Demand Outweighs Supply As LTH Enter Active Distribution Phase

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Bitcoin (BTC) has held steady above the $88,000 mark over the past few days, showcasing resilience as the broader market anticipates its next move. Price action remains robust, leaving investors waiting for lower prices frustrated, as BTC shows no signs of providing an easy entry point anytime soon. Key data from CryptoQuant reveals that long-term… Continue reading Bitcoin Demand Outweighs Supply As LTH Enter Active Distribution Phase→

VanEck Gives Official Backing To Donald Trump’s Bitcoin Reserve Strategy

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On Tuesday, Matthew Sigel, the head of digital asset research at asset management firm and crypto exchange-traded fund (ETF) issuer VanEck, officially endorsed President-elect Donald Trump’s proposal for a national strategic Bitcoin reserve.  Major Financial Players Align This endorsement comes as discussions about BCT’s role in US economic policy are intensifying, most notably with Dennis… Continue reading VanEck Gives Official Backing To Donald Trump’s Bitcoin Reserve Strategy→

Bitcoin Dominance Sliding Below This Level Could Signal Start Of Altseason, Trading Firm Says

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Bitcoin (BTC) continues its historic price trajectory, trading in the low $90,000 range at the time of writing. However, a trading firm suggests that Bitcoin dominance (BTC.D) falling below a crucial level could signal the start of the long-anticipated altcoin season. Interest Rate Cuts, Trump Administration To Propel Crypto In a recent Telegram broadcast, Singapore-based… Continue reading Bitcoin Dominance Sliding Below This Level Could Signal Start Of Altseason, Trading Firm Says→