Category Archives: Bitcoin News

Will Bitcoin Downtrend Continue? This Metric Suggests Yes

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On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently showing a trajectory that could suggest a bearish outcome for the BTC price. Bitcoin NVT Golden Cross Is Near Overheated Territory Right Now As explained by an analyst in a CryptoQuant Quicktake NVT Ratio” is an on-chain indicator that keeps track… Continue reading Will Bitcoin Downtrend Continue? This Metric Suggests Yes→

Bitcoin’s Rise Isn’t Random: Analyst Reveals What’s Really Fueling BTC Above $85K

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Bitcoin (BTC) continues to trade above the $84,000 mark despite a slight decline in momentum this week. After briefly touching higher levels of nearly $90,000, the asset has seen a 3.3% decrease over the past day, bringing its current price to roughly $84,222. While price volatility remains a short-term concern, Bitcoin’s broader trend shows signs… Continue reading Bitcoin’s Rise Isn’t Random: Analyst Reveals What’s Really Fueling BTC Above $85K→

Bitcoin OTC Desks Are Draining – Supply Squeeze On The Horizon?

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Bitcoin has dropped below the $85,000 level as selling pressure returns across the crypto market. After several days of tight consolidation just under the $88K resistance zone, bearish momentum has regained control, dragging prices lower and signaling the end of a short-lived period of stability. The broader financial landscape remains tense, with trade war fears… Continue reading Bitcoin OTC Desks Are Draining – Supply Squeeze On The Horizon?→

Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead?

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Today is a crucial day in the cryptocurrency market, as more than $14 billion worth of Bitcoin and Ethereum options are due to expire. Such a huge expiration may result in significant price changes and trading volumes. Currently, Bitcoin is trading at around $85,000, down by 3% from earlier this week. Market Reaction To Bitcoin,… Continue reading Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead?→

CEO On Bitcoin: A Big Idea Whose Time Has Finally Come

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Bitcoin is gaining considerable momentum, with the big boss of Bitwise Asset Management having strong faith in the cryptocurrency’s prospects. The time has come for Bitcoin, says Bitwise CEO Hunter Horsley, citing the convergence of several forces behind its rising popularity and worth. This is while digital assets still hold the interest of both institutional… Continue reading CEO On Bitcoin: A Big Idea Whose Time Has Finally Come→

Is a Bitcoin Rally Coming? Exchange Net Flow Data Suggests So

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According to a CryptoQuant Quicktake post published earlier today, Bitcoin (BTC) may be on the verge of a significant price rally. Since February 6, net flow across crypto exchanges has remained negative – a historically bullish signal for the digital asset. Bitcoin To Benefit From Negative Exchange Net Flow The past 24 hours have been… Continue reading Is a Bitcoin Rally Coming? Exchange Net Flow Data Suggests So→

Are the Bulls Still in Control? Bitcoin Faces Pressure After Massive Long Position Wipeout

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Bitcoin continues to show signs of price consolidation, with its value hovering just below the $87,000 mark. As of today, BTC is trading at approximately $86,990, reflecting a 0.8% decline over the past 24 hours. Despite the slight dip, the broader picture shows that Bitcoin has stabilized above $85,000 for several consecutive sessions, signaling a… Continue reading Are the Bulls Still in Control? Bitcoin Faces Pressure After Massive Long Position Wipeout→

Bitcoin Ongoing Recovery: a Bull Trap or Breakout? Market Index Reveals Crucial Clues

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Bitcoin has maintained its upward trajectory so far this week, with the asset reclaiming and holding above the $85,000 mark. This performance reflects a weekly gain of approximately 4.7%, indicating a possible shift in momentum after weeks of sideways and bearish activity. While short-term gains have been recorded, signs that might determine Bitcoin’s next major… Continue reading Bitcoin Ongoing Recovery: a Bull Trap or Breakout? Market Index Reveals Crucial Clues→

Bernstein Projects Strategy Holdings Skyrocket To 1 Million BTC By 2033

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Analysts at Bernstein have made a bold prediction regarding MicroStrategy, now known as Strategy, the Bitcoin proxy firm co-founded by Michael Saylor. They forecast that it could amass over 1 million Bitcoin (BTC) by 2033, potentially positioning Strategy to hold 5% of BTC’s total supply.  Strategy Stock (MSTR) Receives ‘Outperform’ Rating  Led by analyst Gautam… Continue reading Bernstein Projects Strategy Holdings Skyrocket To 1 Million BTC By 2033→

Bitcoin Holds Steady Above $86K as On-Chain Data Points to ‘Bullish Shift’

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Bitcoin has shown signs of stabilization above the $86,000 mark after reclaiming the level earlier this week. This recovery marks a shift in short-term sentiment after several weeks of price turbulence. While the asset remains down approximately 20.2% from its all-time high set in January, the current rebound suggests a pause in downward pressure and… Continue reading Bitcoin Holds Steady Above $86K as On-Chain Data Points to ‘Bullish Shift’→