Tag Archives: bitcoin

Bitcoin Price Forms Bullish Pennant On 3-Day Chart, $145,000 Target Swims Into View

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Although currently undergoing a brief correction after almost touching the $100,000 price level, technical analysis has shown the emergence of a bullish pattern on the Bitcoin price chart.  Notably, the correction has given rise to the formation of a bullish pennant on the 3-day candlestick Bitcoin price chart. This development might be the bullish momentum… Continue reading Bitcoin Price Forms Bullish Pennant On 3-Day Chart, $145,000 Target Swims Into View→

Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?

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Despite Bitcoin maintaining investor confidence by holding above critical psychological levels like $90,000, the asset faces notable shift in market sentiment. A CryptoQuant analyst, G a a h, recently shared gauge the market’s behaviour. Bitcoin Faces Increased Selling Pressure According to the analyst, the buy and sell taker ratio metric has reached levels comparable to… Continue reading Data Shows Selling Pressure Mounts On Bitcoin: Is The Bull Run at Risk?→

Bitcoin Resets Open Interest, Targets $100,000 After Holding Key Support – Details

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Bitcoin (BTC) appears to be rebounding from its recent pullback after reaching a new all-time high (ATH) of $99,645 on November 22. Despite liquidations exceeding $500 million during the downturn, the event did not trigger the cascading sell-offs seen in previous market cycles. Bitcoin Open Interest Resets: Is $100,000 Next? The flagship cryptocurrency seems ready… Continue reading Bitcoin Resets Open Interest, Targets $100,000 After Holding Key Support – Details→

Bitcoin Flows To Binance Hit Historic Lows—Is Market Confidence Soaring?

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The Bitcoin market continues to sees major shift, with recent data showing significant changes in trader behaviour. A CryptoQuant analyst, Joao Wedson, has recently highlighted an important trend concerning Bitcoin (BTC) flows between exchanges. Specifically, Bitcoin transfers from other exchanges to Binance have reached historic lows. This shift, as seen in the Exchange to Exchange… Continue reading Bitcoin Flows To Binance Hit Historic Lows—Is Market Confidence Soaring?→

Bitcoin Could Drop Below $90,000 If It Doesn’t Break This Level, Rally On Pause?

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Bitcoin (BTC) has been consolidating above the $90,000 support zone for the last ten days, reaching its latest all-time high (ATH) of $99,645 about a week ago. Since then, the cryptocurrency has closed below a short-term downtrend line, failing to break above it and potentially risking a drop to two-week lows. Bitcoin Faces ‘Moment Of… Continue reading Bitcoin Could Drop Below $90,000 If It Doesn’t Break This Level, Rally On Pause?→

Second Distribution By Celsius Network: Creditors To Receive Bitcoin Valued at $95,000 Each

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Once a prominent player in the cryptocurrency lending space, Celsius Network has commenced its second round of distributions to creditors, amounting to $127 million. This follows the company’s prior efforts to distribute approximately $3 billion in crypto and fiat currency, initiated after a successful vote on its reorganization plan earlier this year. The latest distribution… Continue reading Second Distribution By Celsius Network: Creditors To Receive Bitcoin Valued at $95,000 Each→

Ethereum Profit Streak Signals ATH Breakout For Over 90% Of Investors

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Ethereum (ETH) is once again in the news, but this time it’s good news for buyers. Recent data shows that over 90% of Ethereum users are now making money because the price of the cryptocurrency has risen to impressive levels. According to IntoTheBlock, this upward trend is the best time in five months for people… Continue reading Ethereum Profit Streak Signals ATH Breakout For Over 90% Of Investors→

Explosive Breakout Ahead? XRP Bulls Rally Toward $2 Mark

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Recently, XRP has been on a robust positive run; some predict that the altcoin will hit $2 in the following weeks. This hope coincides with increasing whale activity, as technical signs suggest that the price might cross significant barrier levels. Starting in early November, XRP’s explosion has inspired experts and investors. Whales Fuel Price Movement… Continue reading Explosive Breakout Ahead? XRP Bulls Rally Toward $2 Mark→

Bitcoin Price Rejection At $99,000: Temporary Or End Of The Bull Rally?

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Crypto analyst TradingShot recently discussed the Bitcoin price rejection at $99,000, providing insights into whether this was temporary or marked the end of the bull rally. His analysis indicated that this price rejection was temporary and that Bitcoin would still reach the $100,000 mark and possibly surpass it.  Bitcoin Price Rejection At $99,000 Likely Temporary… Continue reading Bitcoin Price Rejection At $99,000: Temporary Or End Of The Bull Rally?→

Bitcoin Miner MARA Buys Another 703 BTC, Increases Total Holdings To 34,794 BTC

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Bitcoin mining firm MARA – formerly known as Marathon Digital – has announced the acquisition of an additional 703 BTC. This purchase increases the company’s total cryptocurrency holdings to 34,794 BTC. MARA’s Bitcoin Holdings Surge To 34,794 As CEO Shares Bullish Outlook In an announcement made yesterday on X, MARA, one of the world’s leading… Continue reading Bitcoin Miner MARA Buys Another 703 BTC, Increases Total Holdings To 34,794 BTC→