Tag Archives: btcusd

Bitcoin Steadies After Rally – Is Another Powerful Breakout Just Ahead?

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Bitcoin price started a strong increase and traded above $124,000. BTC is now consolidating gains and might aim for a fresh rally in the short term. Bitcoin started a major increase above the $123,500 zone. The price is trading above $122,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line… Continue reading Bitcoin Steadies After Rally – Is Another Powerful Breakout Just Ahead?→

Bitcoin’s 2021 Playbook Shows The Final Price Target For This Bull Cycle

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While the Bitcoin price seems to have deviated completely from the four-year cycle that dictated the previous bull and bear markets, there are insight into where the Bitcoin price is headed next from here. The Pattern That Triggered The Bitcoin Price Explosion In an analysis, crypto analyst Weslad was the one who pointed out that the… Continue reading Bitcoin’s 2021 Playbook Shows The Final Price Target For This Bull Cycle→

2%–4% In Crypto? Morgan Stanley Thinks That’s The Smart Move Now

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According to Morgan Stanley’s wealth unit, some clients should hold only a small slice of cryptocurrencies in their portfolios. The firm’s guidance suggests a cautious approach: up to 2% for more measured portfolios and up to 4% for those seeking higher growth. For accounts built around income or capital preservation, the guidance points to 0% crypto… Continue reading 2%–4% In Crypto? Morgan Stanley Thinks That’s The Smart Move Now→

99% Of Bitcoin Supply In Profit – What This Means For Price

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Bitcoin’s price gain in the last week has resulted in multiple other positive developments, ranging from a surge in ETF inflows to a bullish change in option trading calls, all signifying a renewed market confidence. In particular, over 99% of Bitcoin’s circulating supply is now held at an unrealized profit, a milestone that underscores the market’s… Continue reading 99% Of Bitcoin Supply In Profit – What This Means For Price→

Bitcoin Just Did It — New Record High Above $125,000 This ‘Uptober’

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Bitcoin pushed to a fresh all-time high on Sunday, trading above $125,000 in Asian hours as markets extended gains into October. According to reports, the token rose about 2.7% to roughly $125,245 on the day, topping its prior August peak near $124,480. Institutional Flows And Political Signals Based on reports, a large wave of demand… Continue reading Bitcoin Just Did It — New Record High Above $125,000 This ‘Uptober’→

Bitcoin’s $117k Reset Unlocks Path Toward ATH As Bullish Structure Strengthens

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Bitcoin is presently valued in the $122,000 price region following an impressive price surge over the last week. Notably, bullish sentiments around the crypto market leader are presently strong as analysts speculate that another accumulation phase may have commenced. On-chain analytics page, Swissblock has now provided an in-depth analysis of the present market situation, with… Continue reading Bitcoin’s $117k Reset Unlocks Path Toward ATH As Bullish Structure Strengthens→

Bitcoin Breaks $123,000 As Rising Open Interest Signals More Action Ahead

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According to market reports, Bitcoin pushed up against a key ceiling this week as more money flowed into futures and spot markets. Price action has held above several support levels, and traders are watching $123,500 as the immediate test before a fresh run at records. Bitcoin Price Tests Final Resistance Bitcoin’s trading channel has held… Continue reading Bitcoin Breaks $123,000 As Rising Open Interest Signals More Action Ahead→

Bitcoin Faces Key Levels: $125k Resistance Vs $118k Support – Details

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From late September, Bitcoin has embarked on an impressive bullish rally to reach price levels around its all-time high of $124,457. However, it remains speculative as to whether the premier cryptocurrency will maintain this early October momentum to put in a new all-time-high price, or experience a major correction into deeper liquidity zones. Bitcoin Key… Continue reading Bitcoin Faces Key Levels: $125k Resistance Vs $118k Support – Details→

$231K Bitcoin? Citibank Issues Bold Short-Term Crypto Prediction

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Citibank has issued fresh 12-month price targets for Bitcoin and Ethereum, laying out a wide set of possible outcomes that range from steep drops to large gains. According to the bank’s latest note, Bitcoin’s base case sits at $181,000, while a bearish scenario puts it at $82,000. A bullish run could push Bitcoin to $231,000… Continue reading $231K Bitcoin? Citibank Issues Bold Short-Term Crypto Prediction→

Bitcoin Bear Trap Over? Pundit Reveals Where The Market Is At Right Now

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After altcoins set to explode.  Bitcoin Bear Trap Ends, Altcoins Next Crypto analyst Ardizor bear trap stage. He argued that the recent downturns were not signs of further collapse but a final shakeout before the next stage of the cycle.  To support his view, the crypto expert shared a chart illustrating the classic psychology and… Continue reading Bitcoin Bear Trap Over? Pundit Reveals Where The Market Is At Right Now→