Category Archives: Bitcoin News

Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?

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As Bitcoin slumps, on-chain data by Ki Young Ju, the founder of the blockchain analytics platform CryptoQuant, paints a stark picture: all new whales, including holders of spot exchange-traded funds (ETFs), are now underwater.  New Whales And Spot ETF Investors Are In Red Taking to X, Ju said that more losses would be incoming, predicting that… Continue reading Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?→

Bitcoin On Track For $1 Million Per BTC “Fair Value”, Analyst Says

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An analyst has explained how the “fair value” of Bitcoin appears to be on track to achieve the $1 million milestone by 2035. Bitcoin Total User Count Could Forecast Fair Value Path Forward In a new post on X, analyst Willy Woo has discussed about how the fair value of Bitcoin could look like in… Continue reading Bitcoin On Track For $1 Million Per BTC “Fair Value”, Analyst Says→

Bitcoin Hits ‘Danger Zone’: Peter Schiff Warns Of ‘Do or Die’ Scenario

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Bitcoin is facing a critical juncture as it has entered a ‘danger zone,’ according to prominent gold advocate Peter Schiff. This investor, known for his skepticism toward Bitcoin, current trends continue. Breaking Points And Bearish Signals Peter Schiff has often voiced his bearish outlook on Bitcoin, and his latest comments come as Bitcoin has just… Continue reading Bitcoin Hits ‘Danger Zone’: Peter Schiff Warns Of ‘Do or Die’ Scenario→

Bitcoin Bottom Out? Analyst Signal Turnaround Amid Market Slump

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Bitcoin has recently concluded April, marking its most significant monthly decline. Despite the bearish momentum, leading market analysts, including Michael van de Poppe, believe that the worst may soon be over, suggesting that Bitcoin is nearing the end of its current correction phase. Bitcoin At The End Of Correction? April was challenging for Bitcoin, as… Continue reading Bitcoin Bottom Out? Analyst Signal Turnaround Amid Market Slump→

Is This Cycle’s Bitcoin Bottom In? Analysts Forecast BTC Bounce Back

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As May 1st started, Bitcoin (BTC) faced a new correction that made the price stumble under the $60,000 support level. The flagship cryptocurrency has seen several retraces during this bull cycle, with BTC swiftly recovering the crucial support zones each time. However, in the past 24 hours, the largest cryptocurrency by market capitalization has struggled… Continue reading Is This Cycle’s Bitcoin Bottom In? Analysts Forecast BTC Bounce Back→

Bitcoin Is Fine As Long As It Holds Above $49,000: Analyst

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Despite Bitcoin’s 13% drop in the past week, which saw it break below the psychological $60,000 level and drop 20% from its all-time highs, one analyst on X remains resolute. Drawing from the weekly chart, the trader maintains a bullish outlook, saying the coin will shake off weakness in the coming session. This aligns with bulls… Continue reading Bitcoin Is Fine As Long As It Holds Above $49,000: Analyst→

Bitcoin Greed No More: Sentiment Back At Neutral After $57,000 Plunge

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Data shows that Bitcoin sentiment has cooled off to neutral from greed following the asset’s latest plunge to the $57,000 level. Bitcoin Fear & Greed Index Has Returned To Neutral Levels The “Fear & Greed Index” is an indicator created by Alternative that shows the average sentiment among investors in the Bitcoin and wider cryptocurrency… Continue reading Bitcoin Greed No More: Sentiment Back At Neutral After $57,000 Plunge→

USDT Dominance Falling, Analyst Predicts Bitcoin To Reach $80,000

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Though Bitcoin prices are fast-dropping, looking at events in the daily chart, one analyst thinks the coin is gearing up for a comeback, citing developments in the USDT dominance chart, or USDT.D.  USDT Dominance Falling, Good For BTC? Taking to X on April 29, the analyst said USDT.D recently fell, breaking below a critical support trend… Continue reading USDT Dominance Falling, Analyst Predicts Bitcoin To Reach $80,000→

Bitcoin To $92,190: Crypto Analyst Reveals Path To ATH Target

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An analyst has explained what path Bitcoin might need to follow to surge to a new all-time high (ATH) target of $92,190. Bitcoin Needs To Breach This Resistance Barrier To Rise To New ATH In a new profit-taking that the market has seen recently. Ali is waiting for another confirmation before the top can be… Continue reading Bitcoin To $92,190: Crypto Analyst Reveals Path To ATH Target→

Bitcoin’s Profit Crunch: Hash Price Hits Record Low Post-Halving—What’s Next For Miners?

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In Bitcoin mining, the activity’s profitability is significantly influenced by a metric known as the ‘hash price.’ This metric has recently plummeted to unprecedented levels, causing concerns within the mining community. Bitcoin’s Latest Halving Sends Hash Price Into Freefall As Bitcoin underwent its fourth halving event on April 20, expectations were high regarding a potential… Continue reading Bitcoin’s Profit Crunch: Hash Price Hits Record Low Post-Halving—What’s Next For Miners?→