Category Archives: Bitcoin News

Is Bitcoin’s Recent ETF Inflow Surge a Setup for a Fall? What Traders Need to Know

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Amid rising institutional engagement in Bitcoin, a sharp spike in exchange-traded fund (ETF) inflows over the past few days has sparked interest from traders and analysts alike. Earlier today, a noteworthy analysis from the popular trader Skew on social platform X highlighted a potential risk for Bitcoin amidst its current influx of capital. Skew pointed… Continue reading Is Bitcoin’s Recent ETF Inflow Surge a Setup for a Fall? What Traders Need to Know→

Mt. Gox Creditors Begin Withdrawing Owed Bitcoin And BCH Funds Via Kraken

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After a decade-long wait, creditors of the now-defunct Mt. Gox Bitcoin exchange have finally begun receiving their owed Bitcoin (BTC) and Bitcoin cash (BCH) via the Kraken and Bitstamp crypto exchanges.  However, this had a notable impact on the cryptocurrency market, contributing to a nearly 4% drop in the price of Bitcoin after users confirmed… Continue reading Mt. Gox Creditors Begin Withdrawing Owed Bitcoin And BCH Funds Via Kraken→

Last Resistance: Bitcoin Now Testing Final Short-Term Holder Cost Basis

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On-chain data shows that the Bitcoin price reiterates the last cost basis level associated with the short-term holder group. Bitcoin Price Has Surged Past Final Short-Term Holder Cost Basis As explained by CryptoQuant author Axel Adler Jr in a new Realized Price” here refers to an on-chain indicator that keeps track of the average cost… Continue reading Last Resistance: Bitcoin Now Testing Final Short-Term Holder Cost Basis→

Bullish on Bitcoin: Glassnode’s Latest Indicators Point to ‘Growing Optimism’

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As Bitcoin approaches a decade and a half years of flawless service, it becomes increasingly difficult not to accept its technical stability. Though it may be a technical accomplishment, this strength made Bitcoin different from many centralized systems, which can suffer outages and downtimes. Just last week, the global IT outage sparked by CrowdStrike revealed… Continue reading Bullish on Bitcoin: Glassnode’s Latest Indicators Point to ‘Growing Optimism’→

Bitcoin Price Skyrockets To $66,000 Amid Global IT Outage

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The Bitcoin price has quickly recovered from its recent dip to a six-month low of $53,500 on July 5th, reclaiming the $66,000 level and setting its sights on retesting its all-time high of $73,700 reached in March. This resurgence comes as major airlines, medical facilities, corporations, and police forces worldwide grapple with a massive information technology… Continue reading Bitcoin Price Skyrockets To $66,000 Amid Global IT Outage→

Is Bitcoin Poised for a Breakout? $100K Call Options Signal Big Expectations

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While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin liquidations by the Mt. Gox distribution and sales by the German government, Bitcoin’s price remains notably resilient. These developments indicate… Continue reading Is Bitcoin Poised for a Breakout? $100K Call Options Signal Big Expectations→

Coinbase Analysts Warn: Bitcoin’s Upward Trend Could Hit a Wall — Here’s Why

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As Bitcoin is experiencing an uptrend in price increasing by 12.6% in the past week to trade above $66,000, analysts at Coinbase in a Friday report have disclosed potential limitations to its upward trajectory due to “increasing sell orders” on the exchange. According to the report, the recent appreciation in Bitcoin’s value has tempted many… Continue reading Coinbase Analysts Warn: Bitcoin’s Upward Trend Could Hit a Wall — Here’s Why→

Bitcoin Bollinger Bands Squeezing: Is BTC Ready For $140,000?

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Bitcoin is in an uptrend, but events in the daily chart show pockets of weakness. Though BTC is stagnant, analysts are upbeat, expecting prices to rise in the days to come. Is Bitcoin Ready To Rip Higher: Analyst Says Bulls Are Eyeing $140,000 Taking to X, one analyst has picked out an unusual development: In… Continue reading Bitcoin Bollinger Bands Squeezing: Is BTC Ready For $140,000?→

Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why

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Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has traditionally opened the door to massive gains. Indicator of Market Recovery According to… Continue reading Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why→

Billions Worth Of Bitcoin Pulled From Exchanges: Is BTC Preparing For $72,000?

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Bitcoin is steady when writing, floating above immediate support levels and inches away from reclaiming the all-important local liquidation line at around $66,000. Even as the broader crypto community expects buyers to step in and push prices higher, there are exciting developments that buttress this outlook. Billions Worth Of BTC Pulled From Exchanges According to… Continue reading Billions Worth Of Bitcoin Pulled From Exchanges: Is BTC Preparing For $72,000?→