Tag Archives: btcusd

Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment

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Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock.  Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which… Continue reading Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment→

‘The Magic Line’: Key Support Level At $74,000 Determines Bitcoin Bull Or Bear Future

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Since January 31, Bitcoin (BTC) has experienced a significant correction, with the leading cryptocurrency plummeting as much as 27.52%. Currently valued around $79,000, Bitcoin’s price is precariously balanced above a crucial support level dubbed as “the magic line,” which is set at $74,000, pivotal in determining the market’s trajectory—bullish or bearish. A Historical Buffer Against… Continue reading ‘The Magic Line’: Key Support Level At $74,000 Determines Bitcoin Bull Or Bear Future→

This Analyst Predicted The Bitcoin Price Crash From $91,000, Why It’s Far From Over

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RLinda, a TradingView crypto analyst who predicted Bitcoin’s previous crash from $91,000, has shared another bearish forecast for the pioneer cryptocurrency. According to the analyst, more pain may be on the horizon for Bitcoin, as it is expected to plummet as low as $73,000.  Bitcoin is currently struggling to maintain its former momentum as bearish… Continue reading This Analyst Predicted The Bitcoin Price Crash From $91,000, Why It’s Far From Over→

Bitcoin Price Dives Once More—Is a Deeper Correction Underway?

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Bitcoin price started a fresh decline from the $92,000 zone. BTC is back below $85,500 and might continue to move down below $80,000. Bitcoin started a fresh decline below the $85,000 zone. The price is trading below $85,000 and the 100 hourly Simple moving average. There is a short-term bearish trend line forming with resistance… Continue reading Bitcoin Price Dives Once More—Is a Deeper Correction Underway?→

Bitcoin’s ‘Ugly Start’ – Weekend Sell-Off Pushes Price Near $80K

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Bitcoin took another blow on March 10, retreating below $82,000 and sending jitters across the crypto market. The latest loss in value for the world’s top digital asset comes after weeks of decent gains. Traders at the moment are unsure if this is just a temporary hiccup, or the start of a more significant correction.… Continue reading Bitcoin’s ‘Ugly Start’ – Weekend Sell-Off Pushes Price Near $80K→

Crypto Pundit Dumps Bitcoin Holdings Sub-$100,000, Lists Reasons Why It’s Time To Short

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Bitcoin has extended its decline below $90,000 as on-chain data shows whales selling off in massive amounts. This price decline comes amidst the otherwise bullish news of Donald Trump signing an executive order for a Strategic Bitcoin Reserve (SBR). The lack of bullish momentum despite this has brought into play the possibility of an extended… Continue reading Crypto Pundit Dumps Bitcoin Holdings Sub-$100,000, Lists Reasons Why It’s Time To Short→

Bitcoin Stalls: Weak Momentum Puts $85,211 Recovery In Doubt

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Bitcoin is making an effort to stage a comeback after dipping to $85,211, but a lack of strong momentum is casting doubt on the recovery. While buyers are attempting to regain control, technical indicators suggest that bullish strength remains fragile, raising concerns about whether BTC can sustain its rebound or face another pullback. With key… Continue reading Bitcoin Stalls: Weak Momentum Puts $85,211 Recovery In Doubt→

Bitcoin Price Crash Incoming? Why A Fall To $63,000 Is Possible If This Resistance Holds

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The recent Bitcoin price crash below $90,000 came as a shock to the broader crypto community, especially amid expectations of a continued bull market rally. Despite the volatility and ongoing declines, a crypto analyst projects an even greater crash, suggesting that Bitcoin could fall as low as $63,000 if a certain resistance level holds.  TradingView… Continue reading Bitcoin Price Crash Incoming? Why A Fall To $63,000 Is Possible If This Resistance Holds→

Bitcoin Price In Limbo—Consolidating Below $92K Ahead of Next Move

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Bitcoin price started a recovery wave from the $85,000 zone. BTC is back above $87,500 and might struggle to clear the $92,000 resistance zone. Bitcoin started a fresh upward move from the $85,000 zone. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with… Continue reading Bitcoin Price In Limbo—Consolidating Below $92K Ahead of Next Move→

Bitcoin Price Action Says Bottom Is In, Analyst Reveals What’s Coming

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Crypto analyst Master Ananda has asserted that the bottom is in for the Bitcoin price following its massive crash below $80,000 last week. In line with this, the analyst revealed what to expect next from the flagship crypto.  Bitcoin Price Action Shows Bottom Is In  In a TradingView post, Master Ananda claimed that the bottom… Continue reading Bitcoin Price Action Says Bottom Is In, Analyst Reveals What’s Coming→