Category Archives: Bitcoin News

Bitcoin Finally Breaks Above Falling Wedge Pattern—Here’s The Next Target

Posted on by — No Comments ↓

Bitcoin has seen a significant price movement today, reaching a high of $67,803, breaking above a descending falling wedge pattern on the daily chart. While this breakout has captured attention, Bitcoin is yet to close a daily candle above this resistance, which would confirm the breakout as successful. Regardless, this development has sparked fresh analyses… Continue reading Bitcoin Finally Breaks Above Falling Wedge Pattern—Here’s The Next Target→

Bitcoin Extreme Greed Is Nearly Here: Will This Lead To A Top?

Posted on by — No Comments ↓

Data shows the Bitcoin market sentiment has nearly turned to extreme greed as the cryptocurrency’s price has rallied to the $68,000 mark. Bitcoin Fear & Greed Index Is Currently Inside The Greed Region The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment present among traders in… Continue reading Bitcoin Extreme Greed Is Nearly Here: Will This Lead To A Top?→

Institutions Pile Into Bitcoin As Retail Sells—A Bullish Signal For The Market?

Posted on by — No Comments ↓

As Bitcoin continues its journey toward recovery, recent market activity has revealed an interesting shift in investor behaviour. According to a CryptoQuant analyst known as caueconomy, institutional investors are quietly accumulating Bitcoin as retail traders reduce their positions. This observation was shared in a post on the CryptoQuant QuickTake platform, highlighting a growing trend where… Continue reading Institutions Pile Into Bitcoin As Retail Sells—A Bullish Signal For The Market?→

Bitcoin Breaks Through $65,000, Is “Uptober” Rally Just Getting Started?

Posted on by — No Comments ↓

Bitcoin (BTC) has surged past the $65,000 mark, renewing traders’ optimism for an “Uptober” rally that could extend the digital asset’s bullish momentum. Is The Bitcoin “Uptober” Rally Finally Here? In the early hours of October 15, Bitcoin briefly crossed $66,000 before retracing to $65,964 at the time of writing. Over the past 24 hours,… Continue reading Bitcoin Breaks Through $65,000, Is “Uptober” Rally Just Getting Started?→

Bitcoin Nears Key Breakout: Last Three 200-Day MA Crossings Triggered ‘Parabolic Bull Runs’

Posted on by — No Comments ↓

After a brief dip below the $60,000 mark on October 10, Bitcoin (BTC) has regained momentum, inching closer to its all-time high (ATH) of $73,700, reached in March of this year.  This price recovery follows considerable volatility experienced by the largest cryptocurrency on the market throughout the year, with significant price swings, including sharp falls… Continue reading Bitcoin Nears Key Breakout: Last Three 200-Day MA Crossings Triggered ‘Parabolic Bull Runs’→

Bitcoin Open Interest Hits Record $19.8 Billion—Is The $100K Rally About to Begin?

Posted on by — No Comments ↓

The Bitcoin price is rising, reaching as high as $66,173 today; the asset appears to have hit a milestone behind the scenes. According to a CryptoQuant analyst, EgyHash, Bitcoin’s open interest—a measure of the total number of outstanding derivative contracts—has reached a new all-time high. This development signals heightened activity in the Bitcoin market and… Continue reading Bitcoin Open Interest Hits Record $19.8 Billion—Is The $100K Rally About to Begin?→

Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings

Posted on by — No Comments ↓

In an October 14 announcement, Malta-based Samara Asset Group revealed plans to increase its Bitcoin (BTC) holdings through proceeds from a $32.8 million bond issuance. Samara Targets 1,000 Bitcoin Milestone Publicly-listed asset management firm Samara announced it had mandated investment bank Pareto Securities as a sole manager to schedule a series of fixed-income investor meetings… Continue reading Samara Asset Group Eyes $32.8 Million Bond Issuance To Increase Bitcoin Holdings→

Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry

Posted on by — No Comments ↓

Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus… Continue reading Bitcoin Price Braces For Volatility Ahead Of Chinese Stimulus Speculations, Options Expiry→

Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?

Posted on by — No Comments ↓

After briefly rising above $63,000 in recent days, renewing investor’s hope on “uptober,” Bitcoin has once again dampened this excitement by decreasing to as low as the $60,000 region today. This unappealing performance has led to a CryptoQuant analyst, Aytekin, raising and sharing insight on an important question: “Is it reasonable to expect a final… Continue reading Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?→

Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025

Posted on by — No Comments ↓

In a development that could offer relief for Bitcoin (BTC) and the broader crypto ecosystem, Mt. Gox, the defunct cryptocurrency exchange that was hacked in 2014, has announced a significant delay in its repayment plan for affected creditors. Originally set for October 31, 2024, the new deadline for repayments has been pushed to October 31,… Continue reading Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025→