Category Archives: Bitcoin

Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies.  Notably, this rally… Continue reading Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell→

Bitcoin is currently exhibiting bullish price action that has sparked optimism among crypto investors. The cryptocurrency recently broke above the psychological $60,000 price barrier after three weeks of acting as a dreaded resistance level. Since breaking past $60,000, Bitcoin has continued the run-up and has increased by 9.8% in the past seven days. Interestingly, the… Continue reading Here’s Why A Green September Close Is Important For The Bitcoin Price→

Fed rate cuts.  Descending Broadening Wedge Could Send Bitcoin To $90,000 In an X post, Jelle mentioned a descending broadening wedge pattern that had formed on Bitcoin’s chart. He claimed that the pattern has a price target of $90,000 and added that he expects the price breakout to this target to begin in October. The… Continue reading October To Remember: Descending Broadening Wedge Says Bitcoin Is Going To $90,000→

Bitcoin (BTC) could be gearing up for a new All-Time High (ATH) this year if it breaks through key resistance levels at $60,000. Despite experiencing substantial volatility and price instability over the past few months, analysts express bullish optimism for the cryptocurrency in the coming months.  New Bitcoin All-Time High Incoming The Bitcoin price chart… Continue reading Crypto Analyst Says Bitcoin All-Time High Only A Month Away After Breaking $60,000→

Crypto analyst Ali Martinez has revealed the bearish sentiment among Binance’s top traders towards Bitcoin. This development suggests that the flagship crypto might soon experience significant downward pressure.  Binance Top Traders Are Shorting BTC Martinez revealed in an X (formerly Twitter) post that 51.41% of the top traders on Binance are shorting Bitcoin. This indicates… Continue reading Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On?→