Tag Archives: btcusd

Bitcoin Price Rallies Above $70K: Is a New High Within Reach?

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Bitcoin price is rallying above the $70,000 zone. BTC is up over 5% and it could soon aim for a move above the $72,000 resistance zone. Bitcoin started a fresh increase above the $68,000 zone. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line… Continue reading Bitcoin Price Rallies Above $70K: Is a New High Within Reach?→

VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050

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As Bitcoin rebounds from its brief correction and approaches the $70,000 mark, Matthew Sigel, head of digital asset research at asset manager and crypto ETF issuer VanEck, shared his insights on the cryptocurrency’s potential trajectory in light of the upcoming US presidential election and broader economic factors in a recent CNBC interview. Bitcoin Recovery Tied… Continue reading VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050→

‘Bird Beak Sign’ Appears On Bitcoin Price Heikin Ashi Chart, Analyst Explain What This Means

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The Bitcoin price may be on the verge of hitting new all-time highs as a crypto analyst has unveiled the emergence of a new technical indicator called the “Bird Beak Sign.” Spotted on the Bitcoin Heikin Ashi chart, the analyst suggests that this technical pattern indicates a potential price rally is imminent.  ‘Bird Beak’ Pattern… Continue reading ‘Bird Beak Sign’ Appears On Bitcoin Price Heikin Ashi Chart, Analyst Explain What This Means→

Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?

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Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at… Continue reading Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?→

Bitcoin Stock To Flow Model Shows Price Is Ready For Next Phase Transition Above $100,000

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Bitcoin is on its way to retesting the $69,000 price level again in the early hours of Monday, October 28, as the bulls look to start the week on a positive note. A notable break above $69,000 would set the stage for a sustained rally in the coming months. Speaking of sustained rally, the Bitcoin… Continue reading Bitcoin Stock To Flow Model Shows Price Is Ready For Next Phase Transition Above $100,000→

Bitcoin ETFs Reach $3 Billion Inflows In October, Retail Investors Lead The Charge – Report

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Bitcoin ETFs ended last week on another positive note with $997.70 million in net inflows and demand reaching its highest level in six months. Undoubtedly, these ETFs have marked the turning point for Bitcoin and other cryptocurrencies since the beginning of the year, as it opened up the cryptocurrency to inflows from every side.  Interestingly,… Continue reading Bitcoin ETFs Reach $3 Billion Inflows In October, Retail Investors Lead The Charge – Report→

MicroStrategy Stock Hits All-Time High As Bitcoin Blazes Past $67,000

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Michael Saylor’s MicroStrategy is back in the news, with its stock trading at a 25-year high. TradingView’s recent data shows that MicroStrategy (MSTR) hit $235.89 in Thursday’s session. The stock’s price increased by more than 7% on October 25th. MicroStrategy’s price action last Thursday continued its 6-week rally and came ahead of its scheduled Q3… Continue reading MicroStrategy Stock Hits All-Time High As Bitcoin Blazes Past $67,000→

Bitcoin Price To Go ‘Vertical’ Towards $200,000 As Crypto Analyst Points Out Massive Cup And Handle Pattern

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The Bitcoin price could see its price surging dramatically to $200,000, with the formation of a new Cup and Handle pattern. While the pioneer cryptocurrency has been slowly recovering from bearish trends to reach the $70,000 mark, a rally to $200,000 would mark a historical milestone and a new All-Time-High (ATH) for BTC.  Technical Pattern… Continue reading Bitcoin Price To Go ‘Vertical’ Towards $200,000 As Crypto Analyst Points Out Massive Cup And Handle Pattern→

Bitcoin UTXO Surpasses COVID 2020 Levels To New ATH – Is This Good Or Bad For Price?

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Bitcoin’s consolidation below $68,000 extended throughout this week, with bulls holding steady above the $66,000 support level. Although the cryptocurrency hasn’t seen a significant push to the upside, its ability to avoid a deeper correction means that Bitcoin remains on track to end October on a bullish note. In support of this outlook, a crypto… Continue reading Bitcoin UTXO Surpasses COVID 2020 Levels To New ATH – Is This Good Or Bad For Price?→

Bitcoin Retail lnvestors Remain Cautious Despite Price Gain – Details

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Following its bearish start to October, Bitcoin has since shifted momentum, rising as high as $69,000 in the last two weeks. Despite this significant price rally, Bitcoin retail investors remain hesitant to engage the market. In its weekly crypto report on Friday, blockchain analytics firm CryptoQuant shared an interesting insight into this low retail activity… Continue reading Bitcoin Retail lnvestors Remain Cautious Despite Price Gain – Details→