Bitcoin Breaks Out Of Cup-And-Handle Pattern, Eyes $276,000 Target

The market’s leading cryptocurrency, Bitcoin (BTC), has rejoined the crypto rally, gaining momentum on Friday amid reports that President-elect Donald Trump may issue an executive order prioritizing cryptocurrencies as soon as he takes office.  As of the latest data from CoinGecko, Bitcoin surged nearly 5% in the 24-hour time frame, reaching $104,000. The broader cryptocurrency… Continue reading Bitcoin Breaks Out Of Cup-And-Handle Pattern, Eyes $276,000 Target

Major Victory For Bitfinex: DOJ Declares $9 Billion In Stolen Bitcoin Should Be Returned

The US Department of Justice (DOJ) has stated that around $9 billion in Bitcoin, taken from the crypto exchange Bitfinex in a 2016 hacking incident, ought to be returned to the exchange. This claim arises from a legal document submitted by the DOJ, which indicated that there are no recognizable victims in this specific case… Continue reading Major Victory For Bitfinex: DOJ Declares $9 Billion In Stolen Bitcoin Should Be Returned

Pundit Says Bitcoin Price Will Break Above $100,000 If This Happens

Technical analysis of the Bitcoin price chart shows that the leading cryptocurrency is still on the way to breaking above $100,000 in light of a pattern formation on the Bitcoin price chart. Notably, an analyst has pointed to a wedge pattern forming on Bitcoin’s 4-hour candlestick timeframe chart as the precursor to this bullish upside… Continue reading Pundit Says Bitcoin Price Will Break Above $100,000 If This Happens

Bitcoin Traders Turn Bearish Despite Price Recovery Above $97,000, Here Are The Numbers

The Bitcoin price has recovered above $97,000, providing a bullish outlook for the flagship crypto. Despite this development, BTC traders still look apprehensive as their strategy suggests they are still bearish on the current price action.  Bitcoin Traders Turn Bearish Following Price Recovery In an X post, crypto analyst Ali Martinez revealed that Bitcoin traders… Continue reading Bitcoin Traders Turn Bearish Despite Price Recovery Above $97,000, Here Are The Numbers

Analyst Who Predicted Bitcoin Price Crash To $89,000 Reveals Where BTC Is Headed Next

Crypto analyst MadWhale has revealed where the Bitcoin price could be headed next, having correctly predicted the BTC crash to $89,000. The analyst also explained why the flagship crypto’s current outlook is bullish, which could lead to further gains.  Where The Bitcoin Price Is Headed Next  In a TradingView post, MadWhale predicted that the Bitcoin… Continue reading Analyst Who Predicted Bitcoin Price Crash To $89,000 Reveals Where BTC Is Headed Next

Bitcoin Could Crash Into $50,000s Before Skyroacketing, Claims Fundstrat CEO

In a recent appearance on CNBC’s “Squawk Box,” Tom Lee, Fundstrat Capital CIO and head of research, suggested that Bitcoin may still have a ways to fall before posting a substantial recovery. During the January 13 segment, Lee spoke about the broader market concerns—such as inflation, bond yields, and earnings—before drawing a parallel to the… Continue reading Bitcoin Could Crash Into $50,000s Before Skyroacketing, Claims Fundstrat CEO

Bitcoin Price Struggles With Liquidity Blocks From $86,000 To $104,000, Analyst Reveals The Logical Thing To Do

The Bitcoin price has spent the majority of the past seven days consolidating around the $94,000 mark with signs of a break to either side. According to a crypto analyst, Bitcoin’s recent price movements have led to the creation of liquidity blocks observed between the $86,000 to $104,000 range, which raises an equal likelihood of… Continue reading Bitcoin Price Struggles With Liquidity Blocks From $86,000 To $104,000, Analyst Reveals The Logical Thing To Do

Bitcoin Price Under Threat: $12,000 Void Opens Up Possibility Of Crash Toward $75,000

Bitcoin has extended its correction below the $100,000 psychological level into the past 24 hours. At the time of writing, Bitcoin is struggling to hold above the $94,000 mark after recovering briefly from its recent crash to $91,000.  As it stands, Bitcoin’s price outlook has taken a cautious turn, with crypto analyst Ali Martinez highlighting… Continue reading Bitcoin Price Under Threat: $12,000 Void Opens Up Possibility Of Crash Toward $75,000

Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is Possible

Crypto analyst Master Kenobi has identified a bullish pattern for the Bitcoin price, which is similar to one that was observed in the previous bull cycle. Based on this pattern, the analyst explained why the Bitcoin price could rally to as high as $169,000 in this cycle.  Bitcoin Price Could Rally To $169,000 As Fractal… Continue reading Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is Possible

What To Expect After The Bitcoin Price Crash Below $100,000

The crypto market faces renewed volatility and uncertainty following the recent Bitcoin price crash below the $100,000 mark. As a result, a crypto analyst has shared a rather lengthy X (formerly Twitter) post outlining what to expect following this significant decline. He warns of critical levels to watch as selling pressures intensify, noting that both… Continue reading What To Expect After The Bitcoin Price Crash Below $100,000