Tag Archives: bitcoin

Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next

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Crypto analyst MMBT Trader has revealed that the Bitcoin price is retesting a bullish channel at the $65,000 price level. He further mentioned what market participants should expect if the flagship crypto holds above or breaks below this bullish channel.  Bitcoin Price Retesting $65,000 And What Could Come Next MMBT Trader mentioned in a TradingView… Continue reading Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next→

Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines

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The cryptocurrency market’s recent dominance by Bitcoin has decreased below 50%, indicating a potential adverse trend as retail activity increases. This change prompts inquiries regarding market dynamics and investor sentiment. Bitcoin’s dominance has been a critical indicator of whether the market is in a bull or negative cycle throughout history. As Bitcoin’s dominance is growing,… Continue reading Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines→

Number Of Bitcoin Bulls Increases As Funding Rate Shows Steady Growth – Details

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Bitcoin has rebounded strongly from the $65,000 mark after a 6% dip from Monday’s high of around $69,500. Despite the recent pullback, BTC remains in a bullish trend that has been in place since early September. This rebound shows resilience, helping maintain the bullish market structure.  Key data from CryptoQuant reveals that the average funding… Continue reading Number Of Bitcoin Bulls Increases As Funding Rate Shows Steady Growth – Details→

Market Expert Predicts Bitcoin Could Reach $100,000 Within 90 Days

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Despite the Bitcoin price consolidating between $65,000 and $68,000 over the past few days, analysts are increasingly optimistic about the potential for upward movement and new all-time highs for the largest cryptocurrency on the market in the coming months.  Bitcoin Surge Regardless Of US Election Outcome In a recent social media post on X (formerly… Continue reading Market Expert Predicts Bitcoin Could Reach $100,000 Within 90 Days→

Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?

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Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC. Notably, the data for Bitcoin whales shows the number of addresses in this category is now at its highest point since the January 2021 bull market levels.  With Bitcoin still trading close to its all-time high, this… Continue reading Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?→

Bitcoin’s Network Fundamentals Turn Bullish—Here Are The Details

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Amid the ongoing Bitcoin price correction after attempting to reclaim $70,000 on Monday, a CryptoQuant analyst known as Mac.D has highlighted key shifts in the asset’s network fundamentals. This key shift in Bitcoin’s network fundamentals includes the rise in Bitcoin’s hashrate, which has surged to an all-time high, marking a significant milestone for the network.… Continue reading Bitcoin’s Network Fundamentals Turn Bullish—Here Are The Details→

Bitcoin MACD Turns Bullish Since 2023: Predictions Of Cycle Top And Next Bear Market Bottom

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As Bitcoin (BTC) experiences a minor correction, trading below the critical $66,000 support level after several unsuccessful attempts to breach the $70,000 mark, analysts observe significant technical indicators that may signal future price recoveries.  Notably, BTC’s weekly Moving Average Convergence Divergence (MACD) has turned bullish for the first time since October 2023. This shift in… Continue reading Bitcoin MACD Turns Bullish Since 2023: Predictions Of Cycle Top And Next Bear Market Bottom→

Bitcoin ETF Inflow Streak Breaks With Nearly $80 Million Outflows In Sudden Reversal

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The recent increase in the appeal of spot Bitcoin exchange-traded funds (ETFs) in the United States has temporarily ceased. On Tuesday, these funds underwent a reversal, resulting in net outflows of $79.01 million, following an extraordinary seven-day streak of positive inflows. Farside Investors are the source of this data, a company that specializes in the… Continue reading Bitcoin ETF Inflow Streak Breaks With Nearly $80 Million Outflows In Sudden Reversal→

$200,000 Bitcoin In 2025? $791 Billion Asset Manager Calls It ‘Conservative’

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Bernstein Research, the esteemed research arm of global asset manager AllianceBernstein, is projecting that Bitcoin will reach $200,000 by the end of 2025. The firm, which manages assets worth $791 billion as of August 2024, labels this prediction as “conservative” in its latest 160-page “Black Book” on Bitcoin. Why BTC Price Will Hit $200,000 In… Continue reading $200,000 Bitcoin In 2025? $791 Billion Asset Manager Calls It ‘Conservative’→

Crypto Analyst Unveils The ‘True Time To Sell It All’: Here’s When

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In an analysis shared on X, crypto analyst Astronomer (@astronomer_zero) has provided an in-depth macro outlook on Bitcoin (BTC) and Ethereum (ETH), suggesting that the next significant market peak—and potentially the ideal time to “sell it all”—may occur in the second half of 2025. “Another month and a half has passed, and the full macro… Continue reading Crypto Analyst Unveils The ‘True Time To Sell It All’: Here’s When→