Tag Archives: btcusd

Here’s Why The Bitcoin Price Saw Sharp Crash Below $67,000

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The Bitcoin price briefly crashed below $67,000 on October 21, although it quickly reclaimed this level as support before the daily close. This price decline is believed to be due to its correlation with the stock market, which also experienced a drop of its own.  Why The Bitcoin Price Dropped Below $67,000 The Bitcoin price… Continue reading Here’s Why The Bitcoin Price Saw Sharp Crash Below $67,000→

Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path

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A crypto analyst has projected a significant break to the upside for Bitcoin, drawing parallels to similar breakouts in traditional assets in the tune of the Gold and the S&P500. According to a technical analysis of the current price action, Bitcoin is playing out a cup and handle pattern, which could send it surging to… Continue reading Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path→

HODL Fever: Bitcoin Holders Refuse To Sell As Data Shows Record BTC Stash

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Several investing strategies have emerged as Bitcoin and crypto continue to grow in value and expand their use cases. For many, the investing thesis focuses on Bitcoin and Ethereum, two of the biggest cryptos by market cap. Others value finding the next ‘meme coin’ ready for a bull run. But perhaps their most enduring strategy… Continue reading HODL Fever: Bitcoin Holders Refuse To Sell As Data Shows Record BTC Stash→

Long-Silent Bitcoin Whale Resurfaces After 10 Years As BTC Price Soars

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Crypto whales’ wallets have been the subject of attention and sometimes obsession since they carry a vast holding of Bitcoin, and their movement can affect market prices and impact volatility. Today, many websites and social media users track these wallets and their most recent transactions. Last October 19th, 2024, at 5:45 am, Whale Alert shared… Continue reading Long-Silent Bitcoin Whale Resurfaces After 10 Years As BTC Price Soars→

Bitcoin Price Surges Ahead: Is This The Start of a Bigger Run?

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Bitcoin price extended gains above the $68,000 resistance zone. BTC is now consolidating and aiming for more gains above the $69,500 resistance. Bitcoin remained stable and extended gains above the $68,500 zone. The price is trading above $68,500 and the 100 hourly Simple moving average. There is a key contracting triangle forming with support at… Continue reading Bitcoin Price Surges Ahead: Is This The Start of a Bigger Run?→

Spot Bitcoin ETFs Draw Over $2 Billion Inflows As Ethereum ETFs Turn Green Again – Details

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The US-based spot Bitcoin ETFs produced a magnificent performance in the past week recording $2.1 billion in net inflows. Meanwhile, their Ethereum counterparts have finally turned the corner registering their third positive weekly inflows since their trading debut in July. Spot Bitcoin ETFs Record Highest Daily Inflow Since June After a return to positive net… Continue reading Spot Bitcoin ETFs Draw Over $2 Billion Inflows As Ethereum ETFs Turn Green Again – Details→

Could Bitcoin Break $100,000? Analysts Predict 6-Figure Milestone

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Once again, Bitcoin has brought excitement to the cryptocurrency landscape as analysts predict an upward trajectory for the price of the alpha coin. The buzz of a Bitcoin price upsurge is making headlines as two crypto experts raised the possibility of it hitting the six-figure mark per coin, intensifying the discussion on the coin’s future.… Continue reading Could Bitcoin Break $100,000? Analysts Predict 6-Figure Milestone→

$33.14 Billion At Risk If The Bitcoin Price Hits $72,462, Here’s Why

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Crypto analyst Ash Crypto has alerted the crypto community that $33.14 billion is at risk if the Bitcoin price reaches $72,462. This relates to the short positions that could be liquidated if the flagship crypto hits that price target, a development that will be bullish for BTC.  Almost $33.14 Billion Will Be Wiped Out If… Continue reading $33.14 Billion At Risk If The Bitcoin Price Hits $72,462, Here’s Why→

Analysts On Bitcoin: 2024 US Election Could Steer The Crypto’s Future

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Yet another reason that has given the rocket fuel to the price of Bitcoin is the rapidly approaching US presidential elections. Several analysts are keenly observing whether political dynamics will take their toll on the cryptocurrency in the near future with the election date nearing. QCP Capital believes that the result of the presidential election… Continue reading Analysts On Bitcoin: 2024 US Election Could Steer The Crypto’s Future→

Massive Bitcoin Move Imminent: 7 Key Reasons Behind The Bullish Outlook

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Bitcoin (BTC), the largest cryptocurrency by market capitalization, is showing signs of a potential breakout, according to analyst Miles Deutscher. Historically, October has been a strong month for BTC, and recent trends suggest that the cryptocurrency may be on the verge of a substantial upward movement. Over the past week alone, the Bitcoin price has… Continue reading Massive Bitcoin Move Imminent: 7 Key Reasons Behind The Bullish Outlook→