Category Archives: Bitcoin News

Longest Miner Capitulation Since 2022 Signals Potential Bitcoin Rally Ahead

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Bitcoin (BTC) has recently struggled to regain bullish momentum, remaining in a consolidation phase just above the crucial $60,000 support. Despite reaching an all-time high three months ago, the largest cryptocurrency witnessed a dip to as low as $59,500 on Wednesday due to increased selling pressure from miners. BTC Selling Spree The ongoing miner capitulation,… Continue reading Longest Miner Capitulation Since 2022 Signals Potential Bitcoin Rally Ahead→

Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance

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An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross this resistance level of an on-chain pricing model. Bitcoin MVRV Extreme Deviation Pricing Bands Put Resistance At $65,800 In a new Market Value to Realized Value (MVRV) ratio. The MVRV ratio is a popular indicator that, in short, keeps… Continue reading Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance→

Buckle Up: Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge

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Amid the current Bitcoin market performance suggesting signs of a rebound, prominent crypto analyst Wise Advice has highlighted a critical indicator in Bitcoin’s trading pattern. Bollinger Bands Signal 200% Bitcoin Surge According to the analyst, the Bitcoin weekly Bollinger Band, a statistical chart characterizing the prices and volatility over time, has shrunk to its second-lowest width… Continue reading Buckle Up: Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge→

Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak

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Recently, the price of Bitcoin (BTC) has entered a consolidation phase, fluctuating between $61,000 and $62,000 after a brief drop to $58,000 on June 24. While retail investors have shown renewed interest alongside institutional counterparts, the market faces a mix of bullish signs and potential headwinds. Retail Investors Return To Bitcoin  In a recent social… Continue reading Bullish Reversal For Bitcoin? Retail Investors Flood Back As New Addresses Reach 4-Month Peak→

Will Bitcoin Beat The Odds And Fly To $300,000 By 2025?

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At press time, Bitcoin is within a bullish formation and firm, rejecting attempts for lower lows despite slumping by roughly 20% in June. Though there is hope that prices will trend higher in June, one analyst thinks BTC is walking on a tightrope. For buyers to take over, it means BTC will defy its historical… Continue reading Will Bitcoin Beat The Odds And Fly To $300,000 By 2025?→

Bitcoin Q3 Rally Possible As Miner Selloff Finishes, Quant Says

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A quant has explained how a rally could be possible for Bitcoin in this third quarter of 2024 as miner selling pressure has disappeared. Bitcoin Miners Appear To Have Stopped Their Selling In a CryptoQuant Quicktake post, an analyst has talked about how the selling pressure concerns from miners have resolved recently. There are two… Continue reading Bitcoin Q3 Rally Possible As Miner Selloff Finishes, Quant Says→

Bitcoin Begins Month With A Rebound As Metaplanet’s BTC Investment Tops $10 Million

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In a move indicative of growing corporate confidence in Bitcoin, Tokyo-listed Metaplanet has once again increased its BTC reserves, with a recent acquisition pushing its total holdings past the $10 million mark. This purchase coincides with Bitcoin’s positive start in July, as the cryptocurrency begins to recover recently lost gains. Currently, Bitcoin is trading above… Continue reading Bitcoin Begins Month With A Rebound As Metaplanet’s BTC Investment Tops $10 Million→

Market Analysts Eye July for Potential Big Wins in Bitcoin and Ethereum — Here’s Why

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In the financial market, historical trends often offer a glimpse into potential future outcomes and so far, July has historically been a strong month for both Bitcoin and Ethereum, and analysts are eyeing this pattern to predict another fruitful period. A Profitable July For Bitcoin And Ethereum According to seasoned market analysts from QCP Capital,… Continue reading Market Analysts Eye July for Potential Big Wins in Bitcoin and Ethereum — Here’s Why→

Bitcoin Analyst Says Coin Overvalued: Why Is This BTC Chart Super Bullish?

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Bitcoin is trending higher at spot rates, breaching $63,000 on June 30 before recoiling. Even though momentum is building, the action of the coin’s price is a source of debate. Still, some are doubtful, thinking there is reason for a possible overvaluation. Analyst: Bitcoin Is Overvalued, Here’s Why In a post on X, one analyst… Continue reading Bitcoin Analyst Says Coin Overvalued: Why Is This BTC Chart Super Bullish?→

Mt. Gox’s Bitcoin Dump: How Will The $9 Billion Sell-Off Affect BTC’s Price?

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Defunct Bitcoin exchange Mt. Gox has finally announced the final date to begin refunding Bitcoin and Bitcoin Cash (BCH) to affected customers, starting as early as this week.  This eagerly awaited announcement has raised concerns within the cryptocurrency community regarding the potential contribution of these customers to ongoing selling pressure in the Bitcoin market.  Experts… Continue reading Mt. Gox’s Bitcoin Dump: How Will The $9 Billion Sell-Off Affect BTC’s Price?→