Tag Archives: bitcoin

Analyst Reveals Bitcoin’s ‘Chopsolidation’ Phase Nears End—Are New Highs in Sight?

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Bitcoin market trend may be on the verge of a significant shift, according to a recent analysis shared by CryptoQuant analyst Percival. Percival described Bitcoin’s current phase as “chopsolidation,” a term used to describe a period of minimal directional movement where price consolidation occurs without a clear trend. This period, he suggests, may be drawing… Continue reading Analyst Reveals Bitcoin’s ‘Chopsolidation’ Phase Nears End—Are New Highs in Sight?→

Bitcoin Price Crash Below $70,000: What Does It Have To Do With Whales And The US Presidential Elections?

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After skyrocketing above $72,000 earlier last week, the Bitcoin price has experienced an unexpected crash below the $70,000 mark ahead of the US Presidential elections. Reports have cited the influence of whales and the upcoming results of the US Presidential elections as catalysts to this price decline. Bitcoin Price Crashes As Market Braces For US… Continue reading Bitcoin Price Crash Below $70,000: What Does It Have To Do With Whales And The US Presidential Elections?→

Altcoin Market Decline Reaches Final Act, Bottom Expected In 2025–Analyst

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After enjoying a mini price run in the last week of October, Bitcoin’s price has corrected below $68k to start the first week of November. While this is normal price action for Bitcoin, this trend also impacts the crypto industry, particularly altcoins. Historical patterns suggest that altcoins’ performance highly depends on Bitcoin’s price action. BTC’s market… Continue reading Altcoin Market Decline Reaches Final Act, Bottom Expected In 2025–Analyst→

Will The US Elections Propel Bitcoin Past $74,000? Key Metrics To Track This Week

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In the wake of the US presidential election, Bitcoin (BTC) is experiencing the expected volatility that often accompanies major political events. Tuesday’s trading saw the largest cryptocurrency fluctuating between $68,000 and $70,000, with the latter level acting as resistance since Saturday. Market analysis firm Crypto Birb has released insights into the potential impacts of the… Continue reading Will The US Elections Propel Bitcoin Past $74,000? Key Metrics To Track This Week→

‘Crypto Has Already Won’, Regardless Of Trump Or Harris Win: Bitwise CIO

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Matt Hougan, Chief Investment Officer of Bitwise Asset Management, declared in an investor US presidential election between President Donald Trump and Senator Kamala Harris. In his note titled “Crypto Has Already Won,” Hougan stated, “There is nothing left to say about Tuesday’s election.” He provided a succinct assessment for investors: “Short-term, a Trump victory is… Continue reading ‘Crypto Has Already Won’, Regardless Of Trump Or Harris Win: Bitwise CIO→

Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000

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Recent action has seen Bitcoin price retest the $67,000 price level. Particularly, the Bitcoin price declined by about 8.9% in seven days from $73,464 on October 29 to $66,895 on November 4, as many short-term traders exited their positions. At the same time, a few long-term holders also offloaded their Bitcoins, likely to lock in… Continue reading Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000→

Bitcoin At $200,000 By 2025? Bernstein Predicts Target Despite Election Impact

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Less than a day before the polls closed in the United States, crypto analysts continued to offer their two cents on the future of Bitcoin and cryptocurrencies. For example, many Wall Street analysts say wild BTC market prices will continue after the elections. Other analysts and observers have shared their price predictions based on who… Continue reading Bitcoin At $200,000 By 2025? Bernstein Predicts Target Despite Election Impact→

Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch – Details Inside

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Bitcoin (BTC) exchange-traded funds (ETFs) have collectively acquired over one million BTC in less than a year since their launch, reflecting strong demand for the digital asset among investors. Bitcoin ETFs Surpass One Million BTC Milestone According to a chart shared by crypto analyst Ali Martinez on X, the cumulative BTC holdings in Bitcoin ETFs… Continue reading Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch – Details Inside→

Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date

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Cartwright, an independent business and specialist pension scheme advisor, urges UK institutional investors to embrace Bitcoin following the nation’s first allocation to a defined benefit (DB) scheme.  Cartwright’s New Allocation Strategy In its announcement, Cartwright, specializing in defined benefit and hybrid pension schemes, emphasized the significance of incorporating Bitcoin into retirement plans.  The firm recently… Continue reading Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date→

Bitcoin Long-Term Holders Offload Over 177k BTC: Is A Price Surge Or Correction Next?

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Bitcoin, often influenced by long-term holders’ (LTH) decisions, has witnessed significant selling activity among this investor group over the past week. While the reason behind the long-term holders offloading Bitcoin is not certain, the move appears to have impacted BTC, resulting in the recent correction in its price dropping below the $70,000 price mark. Bitcoin’s… Continue reading Bitcoin Long-Term Holders Offload Over 177k BTC: Is A Price Surge Or Correction Next?→