Tag Archives: btcusd

Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000

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Recent action has seen Bitcoin price retest the $67,000 price level. Particularly, the Bitcoin price declined by about 8.9% in seven days from $73,464 on October 29 to $66,895 on November 4, as many short-term traders exited their positions. At the same time, a few long-term holders also offloaded their Bitcoins, likely to lock in… Continue reading Analyst Reveals What The Gold Chart Says About The Possibility Of Bitcoin Price Reaching $100,000→

Bitcoin At $200,000 By 2025? Bernstein Predicts Target Despite Election Impact

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Less than a day before the polls closed in the United States, crypto analysts continued to offer their two cents on the future of Bitcoin and cryptocurrencies. For example, many Wall Street analysts say wild BTC market prices will continue after the elections. Other analysts and observers have shared their price predictions based on who… Continue reading Bitcoin At $200,000 By 2025? Bernstein Predicts Target Despite Election Impact→

Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date

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Cartwright, an independent business and specialist pension scheme advisor, urges UK institutional investors to embrace Bitcoin following the nation’s first allocation to a defined benefit (DB) scheme.  Cartwright’s New Allocation Strategy In its announcement, Cartwright, specializing in defined benefit and hybrid pension schemes, emphasized the significance of incorporating Bitcoin into retirement plans.  The firm recently… Continue reading Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date→

Bitcoin Faces Threat Of Falling To $63,000 Despite Rising Odds For Trump’s Election Victory

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As the United States braces for the outcome of the closely contested presidential election between former President Donald Trump and Vice President Kamala Harris, Bitcoin (BTC) has experienced a price drop, now hovering around the $68,000 mark.  BTC Faces Key Support Levels Bitcoin has struggled to surpass its all-time high of $73,700, a level achieved… Continue reading Bitcoin Faces Threat Of Falling To $63,000 Despite Rising Odds For Trump’s Election Victory→

Bitcoin Price Forecast: What To Expect In The Final 24 Hours Before US Election

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As the US presidential election approaches, the Bitcoin price has found a stable support range between $68,000 and $69,000, just shy of its all-time high earlier this year.  While the cryptocurrency has struggled to surpass this significant milestone, investor sentiment remains cautiously optimistic, with expectations for further price increases tempered by anticipated market volatility in… Continue reading Bitcoin Price Forecast: What To Expect In The Final 24 Hours Before US Election→

Bitcoin Mining Costs Spike To Nearly $50K As Miners Look To AI For Survival

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Bitcoin mining is now a highly competitive industry that’s not just expensive but technology-intensive as well. Individuals interested in joining the growing mining industry must invest in a specialized computer system, steady internet, reliable energy supply, and a good amount of skill to manage the process. As such, miners often turn to credit facilities to… Continue reading Bitcoin Mining Costs Spike To Nearly $50K As Miners Look To AI For Survival→

Bitcoin Price Eyes $70K Comeback: Will Bulls Push It Higher?

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Bitcoin price is correcting losses from the $67,500 zone. BTC is recovering and might soon aim for a move above the $70,000 resistance zone. Bitcoin started a fresh decline from the $72,500 zone. The price is trading below $70,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend… Continue reading Bitcoin Price Eyes $70K Comeback: Will Bulls Push It Higher?→

Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000

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Bitcoin bear case scenario that could see the pioneer cryptocurrency decline to $28,000.  Bitcoin Bear Case Unveiled In an X (formerly Twitter)bearish scenario for Bitcoin than most analysts have suggested. Basing his bearish scenarios on the cycle theory, Loukas proposes that Bitcoin might be part of the broader 16-year cycle, with the current market marking… Continue reading Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000→

Spot ETFs Fail To Ignite Bitcoin Growth – Analyst

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The Spot Bitcoin ETFs have become a major headliner recently due to heightened levels of market inflows. According to data from SoSoValue, these ETFs have attracted over $5 billion in investments over the past three weeks coinciding with an impressive Bitcoin price rally of over 23%. However, amidst this euphoria, macro investment researcher Jim Bianco… Continue reading Spot ETFs Fail To Ignite Bitcoin Growth – Analyst→

Bitcoin May Slide To $65,000 As Critical Support Level Fails – Details

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The price of Bitcoin has experienced some instability in the last few hours declining by almost 3%. This negative price action drives more attention to the largest digital asset, especially with the US election fast approaching. While many analysts are now skeptical of Bitcoin’s immediate movements, pro-trader Justin Bennett already issued a cautionary insight into… Continue reading Bitcoin May Slide To $65,000 As Critical Support Level Fails – Details→