Tag Archives: btcusd

Bitcoin Set To Gain Over $300 Billion From Companies In Next 5 Years, Analysts Say

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A growing number of public firms may begin purchasing Bitcoin in substantial quantities in the next five years, with more than $300 billion potentially entering the cryptocurrency by 2030. That’s what researchers at Bernstein, an asset manager that monitors corporate appetite for Bitcoin, say in a new report. Their estimates hinge on the assumption that… Continue reading Bitcoin Set To Gain Over $300 Billion From Companies In Next 5 Years, Analysts Say→

Elliot Wave Theory Shows Where Bitcoin Is In This Cycle – Bull Rally Over?

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Crypto analyst Tolimanu has used the Elliott Wave Theory to provide insights into where Bitcoin currently is in this market cycle. Based on his analysis, the bull run is not yet over, with the flagship crypto set to reach new highs.  Elliot Wave Theory Shows Bitcoin’s Current Position In This Cycle In an X post,… Continue reading Elliot Wave Theory Shows Where Bitcoin Is In This Cycle – Bull Rally Over?→

Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total

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In a recent filing with the US Securities and Exchange Commission (SEC), Strategy (formerly Microstrategy), disclosed the purchase of an additional 6,556 Bitcoin (BTC) at an average price of $95,167 per coin between April 28 and May 4.  This latest acquisition brings the company’s total Bitcoin holdings to 555,450 BTC, valued at approximately $38.08 billion,… Continue reading Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total→

Positive Bitcoin Forecast: Expert Anticipates BTC Will Not Dip Below $100K Next Year

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As Bitcoin (BTC) inches closer to the coveted $100,000 mark, optimism in the broader cryptocurrency market is palpable. Following a recovery that saw Bitcoin rise to approximately $97,800 last week, it has since retraced to around $94,340, reflecting a slight 0.4% decrease over the last 24 hours, according to CoinGecko data.  This comes on the… Continue reading Positive Bitcoin Forecast: Expert Anticipates BTC Will Not Dip Below $100K Next Year→

LMACD Indicator Reveals Where The Bitcoin Price Is After Rejection From $97,000

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The Bitcoin price faced a rejection following its surge to $97,000 last week. Technical expert Tony Severino has commented on this development and alluded to the LMACD indicator, which has revealed what is next for the flagship crypto.  What Is Next For The Bitcoin Price After Rejection At $97,000 In an X post, Tony Severino… Continue reading LMACD Indicator Reveals Where The Bitcoin Price Is After Rejection From $97,000→

Bitcoin Price Eases From Highs — Support Zone Still Intact

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Bitcoin price started a downside correction from the $97,800 zone. BTC is now trading below $95,000 and testing the $93,500 support zone. Bitcoin remained supported above the $94,500 zone. The price is trading below $96,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $95,250 on… Continue reading Bitcoin Price Eases From Highs — Support Zone Still Intact→

Bitcoin Caught In Bearish Drift As It Slips Below Key Support Averages, Bears Taking Over?

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According to a recent bulls unable to reclaim control and bears subtly tightening their grip. The dip below these moving averages paints a short-term bearish picture, as Shaco AI described it, “Mama Bear pulling Baby Bitcoin down.” This metaphor highlights the building pressure on Bitcoin as it attempts to break free from its current consolidation… Continue reading Bitcoin Caught In Bearish Drift As It Slips Below Key Support Averages, Bears Taking Over?→

Bitcoin Spot ETFs Score $1.81 Billion In Net Inflows As Market Revival Continues

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The US Bitcoin ETFs are strongly reflecting the bullish sentiments that are ravaging the crypto market at the moment. Following an impressive performance in the third week of April marked by $3.06 billion in net inflows, these Bitcoin ETFs did well to retain investors’ interest by attracting almost $2 billion in deposits over the past… Continue reading Bitcoin Spot ETFs Score $1.81 Billion In Net Inflows As Market Revival Continues→

Bitcoin Hits 6-Month High In Active Addresses: Is $100K The Next Target?

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Bitcoin bulls are trying to push higher from just under $97,000, attempting to confirm its latest breakout above a multi-day consolidation range. After stalling near $95,000 for over a week, Bitcoin broke out to $97,000 before reversing and forming a fair value gap.  This has led to a surge in activity on the Bitcoin blockchain,… Continue reading Bitcoin Hits 6-Month High In Active Addresses: Is $100K The Next Target?→

Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

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Bitcoin maintains its bullish form from April as it gains by over 4% in the first two days of May to surge above $97,000. Following this recent gain, the premier cryptocurrency is experiencing a minor retracement as investors attempt to decipher the current market phase. Meanwhile, a prominent crypto analyst with the X handle IT… Continue reading Bitcoin At Critical Juncture – Price Levels To Watch: Analyst→