Tag Archives: btcusd

Bitcoin Price Eyes Fresh Gains: Can Bulls Break Through?

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Bitcoin price is recovering losses from the $91,400 zone. BTC is showing a few positive signs and might gain pace if it clears the $96,000 resistance zone. Bitcoin started a fresh recovery from the $91,400 zone. The price is trading above $92,500 and the 100 hourly Simple moving average. There is a connecting bullish trend… Continue reading Bitcoin Price Eyes Fresh Gains: Can Bulls Break Through?→

Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000

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The Bitcoin price crash to $91,000 was unexpected, driven by diminishing market dominance and rising volatility. Despite this setback, an analyst predicts an even bleaker outlook for the leading cryptocurrency. The formation of a bearish flag pattern suggests further price declines could be on the horizon, with the analyst projecting a steeper price plunge towards… Continue reading Bitcoin Bearish Flag Pattern Says Crash Is Far From Over Despite Crash To $91,000→

Legendary Analyst Peter Brandt Says Bitcoin Price Could Crash To $78,000, Here’s Why

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Legendary analyst Peter Brandt has provided a bearish outlook for the Bitcoin price. He predicted it could crash to as low as $78,000 and explained why he holds such a bearish sentiment.  Peter Brandt Predicts Bitcoin Price Crash To $78,000 In an head and shoulders top pattern. The legendary analyst remarked that a complete formation… Continue reading Legendary Analyst Peter Brandt Says Bitcoin Price Could Crash To $78,000, Here’s Why→

Will Bitcoin Enter Its Most Massive Bull Cycle? This Engineer Thinks So

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Although Bitcoin is having a rough moment this week, with prices oscillating between $93k and $96k, at least one popular crypto commentator is predicting a massive price run soon. According to Ted Boydston, the market should prepare for a manic bull run in the coming days, with Bitcoin’s price targeting $225k. Boydston highlights the price… Continue reading Will Bitcoin Enter Its Most Massive Bull Cycle? This Engineer Thinks So→

El Salvador Bitcoin Buying Spree Continues, BTC Holdings Now At 6,000

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Since making Bitcoin a legal tender in 2021, the El Salvador government, led by President Nayib Bukele, has pursued a consistent strategy of accumulating Bitcoin. This Bitcoin accumulation strategy, which has largely paid off, has continued up until now. According to recent data, El Salvador has now crossed the 6,000 BTC threshold. This makes El… Continue reading El Salvador Bitcoin Buying Spree Continues, BTC Holdings Now At 6,000→

Bitcoin As A Strategic Asset? CryptoQuant CEO Questions US’s Next Move

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Since President-elect Donald Trump raised the possibility of establishing a US Bitcoin Strategic Reserve, many advocates have pushed for the creation of the crypto stockpile, saying that it would make the country as the leader in the global cryptocurrency landscape. However, not everyone in the crypto community is convinced of the feasibility of the crypto… Continue reading Bitcoin As A Strategic Asset? CryptoQuant CEO Questions US’s Next Move→

Bitcoin Price on the Brink: Could a Deeper Drop Be Ahead?

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Bitcoin price failed to surpass $95,500 and declined again. BTC is back below $94,500 and might revisit the $91,200 support zone. Bitcoin started a fresh decline from the $96,500 zone. The price is trading below $95,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $94,000… Continue reading Bitcoin Price on the Brink: Could a Deeper Drop Be Ahead?→

Bitcoin Faces Key Moment: Will $93,257 Support Hold Or Break Below?

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Bitcoin stands at a critical crossroads, with its price hovering near the crucial $93,257 support level. This key price point has acted as a stronghold for the cryptocurrency during its recent ascent, but now, the market is facing mounting pressure. Bearish strength is starting to gain traction, raising concerns that the $93,257 level might soon… Continue reading Bitcoin Faces Key Moment: Will $93,257 Support Hold Or Break Below?→

Bitcoin On A Rebound? Here Are Key Levels To Watch

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In an exciting development, Bitcoin may finally be undergoing a market rebound according to a recent prediction by crypto analyst Ali Martinez. However, the premier cryptocurrency finds itself in a critical price zone, which holds significant implications for both bullish and bearish market outcomes. Bitcoin Must Stay Above $93,400 To Retain Bullish Drive In an… Continue reading Bitcoin On A Rebound? Here Are Key Levels To Watch→

Doji Formation On Bitcoin Chart Suggests BTC Could See 2 Months Of Upside In The New Year

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The Bitcoin price looks set to enjoy a bullish reversal in January next year, having maintained a tepid price action to close out this year. This bullish outlook for the flagship crypto came as crypto analyst Tony Severino revealed a potential Doji formation, which suggested that BTC could enjoy this uptrend in the new year.… Continue reading Doji Formation On Bitcoin Chart Suggests BTC Could See 2 Months Of Upside In The New Year→