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After hitting its $124,000 all-time high back in July, the Bitcoin price has now moved back into a phase of struggling and consolidation. While many have called this out as only a temporary stop, expecting the Bitcoin price to continue its ascent once the decline is over, crypto analyst EXCAVO has taken a more bearish… Continue reading Analyst Says Bitcoin Bear Market Has Started, Predicts 50% Crash To $61,000
Crypto analyst Stockmoney has assured that Bitcoin’s rally isn’t over despite the recent price crash to $112,000. The analyst explained how the cycle works, indicating that the crash is simply part of a broader move to the upside. Bitcoin Rally Not Yet Done Despite Crash To $112,000 In an X post, Stockmoney stated that Bitcoin… Continue reading Bitcoin Is Not Done Yet Despite Price Crash To $112,000, Here’s Why
The crypto market has long moved in the shadow of Bitcoin, because for years, its rallies and sharp drops have pulled nearly every other digital asset such as XRP with it. However, according to Versan Aljarrah, co-founder of Black Swan Capitalist, the XRP token could break away from this cycle. According to him, XRP is… Continue reading Expert Reveals Why XRP Won’t Mirror Bitcoin’s Path And Why A Decoupling Is Imminent
Bitcoin’s price action is caught in uncertainty as messy subwave structures clash with a critical resistance at $113,000. While the market shows attempts at recovery, the unclear wave patterns leave traders divided on whether the next move will be a breakout or a deeper correction. Messy Subwaves Keep Bitcoin’s Next Move Clouded TARA, a crypto… Continue reading Bitcoin’s Path Unclear As Subwave Chaos Meets Key Resistance At $113,000
The Bitcoin price crash began over the weekend and has since seen he digital asset break below the $112,000 support level. Interestingly, this crash was called by a couple of crypto analysts who had pointed out the weaknesses surrounding Bitcoin over this time. As their predictions begin to play out, this report takes a look… Continue reading These Analysts Predicted The Bitcoin Price Crash And Their Forecasts Say It’s Not Over
Pantera Capital founder Dan Morehead believes a geopolitical shift in reserve management will push adversaries of the United States into Bitcoin at massive scale, calling it “inevitable” that China and Russia eventually hold “trillions of dollars” worth of the asset. Speaking on Blockworks’ Empire podcast released this week, the billionaire framed the prediction as part… Continue reading Bitcoin Will Soak Up Trillions From China And Russia, Billionaire Predicts
The Bitcoin price is falling again this September, but SkyBridge CEO Anthony Scaramucci says there is no reason to call it a crash. He explained on a CNBC Squawk Box segment that the current weakness is part of a regular cycle that happens almost every year. According to the CEO, short-term fluctuations do not alter… Continue reading CEO Dismisses September Crash, Reveals Why The Bitcoin Price Is Headed For $150,000
Ostium Research’s latest weekly note opened with Bitcoin under pressure after a swift selloff into the new week, describing “a mass liquidation event” that pushed price as low as $111,761, after rejection near resistance in the mid-$117,000s. The team frames the drawdown as part of a previously flagged “window of weakness… into early October,” while… Continue reading Bitcoin Price Could Still Crash To $99,000 If This Happens, Warns Ostium Labs
Bitcoin’s slow ascent towards establishing new highs has continuously encountered significant opposition in the past few weeks. As the market currently stands in an uncertain zone, there are several questions and concerns about the future trajectory of the premier cryptocurrency. Below is how the latest on-chain data answers some of these questions How $117,000 Slowed… Continue reading Bitcoin Price On The Verge Of Explosive Move: Here’s The Only Condition
The total illiquid Bitcoin has reached a new high, providing a bullish outlook for the flagship crypto. This refers to the BTC supply that is unlikely to hit the open, given the long-term holding of the investors who own these coins. Bitcoin’s Illiquid Supply Hits New High Glassnode data shows that Bitcoin’s illiquid supply has… Continue reading Total Illiquid Bitcoin Has Reached 72% Of Supply, What Does This Mean For Price?