Tag Archives: btcusd

Bitcoin Price To See 70%+ Powerful Bull Wave To Push It Over $100,000, How High Can It Go?

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The Bitcoin price is slowly breaching the $70,000 mark, showcasing steady upward momentum despite downward pressure from the bearish performance of the US equities market. Taking note of Bitcoin’s recent price movements, a crypto analyst has suggested that the pioneer cryptocurrency could be gearing up for a strong bull wave that could drive its price… Continue reading Bitcoin Price To See 70%+ Powerful Bull Wave To Push It Over $100,000, How High Can It Go?→

Bitcoin As National Reserve Asset: Key Insights From Forbes On Central Banks Interest

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A recent report published by the Bitcoin Policy Institute (BPI) and highlighted by Forbes explores the growing discussion around Bitcoin as a viable reserve asset for central banks.  Authored by Dr. Matthew Ferranti, a Harvard-trained economist and former member of the White House Council of Economic Advisers, presents several compelling arguments for why central banks… Continue reading Bitcoin As National Reserve Asset: Key Insights From Forbes On Central Banks Interest→

Bitcoin Price Eyes Further Gains: Can It Keep Climbing?

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Bitcoin price is attempting a fresh increase above the $37,000 zone. BTC could gain pace if it clears the $68,800 resistance zone. Bitcoin started a fresh increase from the $65,200 zone. The price is trading above $67,500 and the 100 hourly Simple moving average. There is a new connecting bullish trend line forming with support… Continue reading Bitcoin Price Eyes Further Gains: Can It Keep Climbing?→

Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next

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Crypto analyst MMBT Trader has revealed that the Bitcoin price is retesting a bullish channel at the $65,000 price level. He further mentioned what market participants should expect if the flagship crypto holds above or breaks below this bullish channel.  Bitcoin Price Retesting $65,000 And What Could Come Next MMBT Trader mentioned in a TradingView… Continue reading Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next→

Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines

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The cryptocurrency market’s recent dominance by Bitcoin has decreased below 50%, indicating a potential adverse trend as retail activity increases. This change prompts inquiries regarding market dynamics and investor sentiment. Bitcoin’s dominance has been a critical indicator of whether the market is in a bull or negative cycle throughout history. As Bitcoin’s dominance is growing,… Continue reading Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines→

Market Expert Predicts Bitcoin Could Reach $100,000 Within 90 Days

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Despite the Bitcoin price consolidating between $65,000 and $68,000 over the past few days, analysts are increasingly optimistic about the potential for upward movement and new all-time highs for the largest cryptocurrency on the market in the coming months.  Bitcoin Surge Regardless Of US Election Outcome In a recent social media post on X (formerly… Continue reading Market Expert Predicts Bitcoin Could Reach $100,000 Within 90 Days→

Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?

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Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC. Notably, the data for Bitcoin whales shows the number of addresses in this category is now at its highest point since the January 2021 bull market levels.  With Bitcoin still trading close to its all-time high, this… Continue reading Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?→

Bitcoin ETF Inflow Streak Breaks With Nearly $80 Million Outflows In Sudden Reversal

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The recent increase in the appeal of spot Bitcoin exchange-traded funds (ETFs) in the United States has temporarily ceased. On Tuesday, these funds underwent a reversal, resulting in net outflows of $79.01 million, following an extraordinary seven-day streak of positive inflows. Farside Investors are the source of this data, a company that specializes in the… Continue reading Bitcoin ETF Inflow Streak Breaks With Nearly $80 Million Outflows In Sudden Reversal→

$13 Billion Bitcoin ETF Surge: US Institutions Lead The Charge

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American institutions are making ripples in the cryptocurrency market, having invested a staggering $13 billion in spot Bitcoin ETF shares since its inception in January 2024. Many people are surprised by this move, given that traditional financial institutions were first hesitant to enter the world of digital assets. According to CryptoQuant CEO Ki Young Ju,… Continue reading $13 Billion Bitcoin ETF Surge: US Institutions Lead The Charge→

Bitcoin Options Traders Set Sights On $80,000 By November-End, Regardless Of US Election Outcome

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As the US presidential election approaches, the crypto community is buzzing with speculation regarding how the outcome will affect the Bitcoin price.  With just 15 days until the election between former President Donald Trump and Vice President Kamala Harris, options traders are increasingly optimistic about a new all-time high for Bitcoin, regardless of who wins… Continue reading Bitcoin Options Traders Set Sights On $80,000 By November-End, Regardless Of US Election Outcome→