Tag Archives: btcusd

Trump Attacks Fed, Wall Street Shudders, But Bitcoin Draws Strength

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US financial markets plunged Monday while cryptocurrency prices remained firm, as US President Donald Trump ramped up his public feud with Federal Reserve Chairman Jerome Powell, The Guardian and other news outlets reported Tuesday. The clash between the country’s highest political and monetary leaders shook traditional markets to their core but left crypto surprisingly unscathed.… Continue reading Trump Attacks Fed, Wall Street Shudders, But Bitcoin Draws Strength→

Strategy Latest Acquisition: 6,556 BTC Added To Massive Bitcoin Stash For Half A Billion

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Strategy, formerly known as MicroStrategy, the now Bitcoin proxy firm founded by Bitcoin (BTC) bull Michael Saylor, made headlines once again on Monday by acquiring an additional 6,556 BTC, bringing its total BTC holdings to an impressive 538,200 BTC.  This latest purchase, amounting to approximately $556 million at an average price of $84,785 per Bitcoin,… Continue reading Strategy Latest Acquisition: 6,556 BTC Added To Massive Bitcoin Stash For Half A Billion→

Analyst’s Bitcoin Price Prediction From March Plays Out, Here’s The Rest Of It

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A Bitcoin price prediction made exactly one month ago by popular crypto analyst Doctor Profit on social media platform X has unfolded with interesting accuracy. On March 21, Doctor Profit outlined a detailed price trajectory for Bitcoin, predicting specific price movements, resistance and support zones, and the influence of the M2 money supply. Fast forward… Continue reading Analyst’s Bitcoin Price Prediction From March Plays Out, Here’s The Rest Of It→

Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows

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China has added five tonnes of gold to its reserves in under a month as part of an increasing aggressive purchase of the precious metal. Bitcoin continues to stand firm above the $87,000 level despite recent market fluctuations. PBOC Gold Accumulation Up As Bitcoin Price Soars According to the Kobeissi Letter in posting messages on… Continue reading Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows→

Bitcoin Price Breakout In Progress—Momentum Builds Above Resistance

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Bitcoin price is slowly moving higher above the $86,500 zone. BTC is gaining pace and might continue higher in the near term. Bitcoin found support at $84,200 and started a recovery wave. The price is trading above $85,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line… Continue reading Bitcoin Price Breakout In Progress—Momentum Builds Above Resistance→

What’s Next For Bitcoin After Crossing $87,000? Expert Discusses Possible Outcomes

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This Sunday, the market’s leading cryptocurrency, Bitcoin (BTC), has once again crossed the $87,000 mark, following what analysts describe as a healthy correction that brought prices down to $74,000 earlier this month.  In a recent post on social media platform X (formerly Twitter), crypto analyst Doctor Profit provided a comprehensive analysis of the current price… Continue reading What’s Next For Bitcoin After Crossing $87,000? Expert Discusses Possible Outcomes→

Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level

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The Bitcoin price continues to trend low and has failed to reclaim $90,000. The bears have dominated during the last few months, dragging Bitcoin down from above $100,000 to below $80,000, before the bounce to $83,000. Now, these developments have triggered doubts in the minds of investors as to whether the bull run might be… Continue reading Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level→

Bitcoin Bull Market Remains Intact Unless This Support Breaks – Analyst

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Popular crypto analyst Tony Severino has shared a bold take on the current Bitcoin (BTC) market structure. The chartered market technician has stated that the Bitcoin bull market remains active unless the price falls below a specific level.  Notably, Bitcoin saw a heavy correction after hitting a peak price of $109,000 in January. Over the… Continue reading Bitcoin Bull Market Remains Intact Unless This Support Breaks – Analyst→

Bitcoin’s Largest Holders Are Stacking Again — What It Means For The Market

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The Bitcoin market has shown high volatility in April, having produced similar levels of gains and losses over the past three weeks. Amidst the choppy price action, Bitcoin whales appear to be increasing their holdings, perhaps in anticipation of future price gains. Bitcoin Whales Add 53,600 BTC, Now Hold 68% Of Supply In an X… Continue reading Bitcoin’s Largest Holders Are Stacking Again — What It Means For The Market→

Bearish Case For Bitcoin: Analyst Warns Falling Wedge Is A Whale Trap That Could Drag Price To $67k

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Bitcoin has spent the past seven days trying to hold near $85,000, with a trading range between $83,200 and $86,000. Buying momentum has turned positive in the past 24 hours, but an interesting technical analysis of the current price action points to a looming downside risk. Crypto analyst Xanrox laid out a bearish case for… Continue reading Bearish Case For Bitcoin: Analyst Warns Falling Wedge Is A Whale Trap That Could Drag Price To $67k→