Category Archives: Bitcoin

Bitcoin Price To ‘Chop’ Around This Range Until Q4, Analysts Say

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The Bitcoin price rally triggered by Federal Reserve chairman Jerome Powell’s latest speech has been the major talking point in the crypto community this weekend. Analysts at trading firm QCP Capital are amongst the latest entities to weigh in on BTC’s return to within the $61,000 and $70,000 consolidation range. How Interest Rate Cuts Could… Continue reading Bitcoin Price To ‘Chop’ Around This Range Until Q4, Analysts Say→

Bitcoin Price Surges Above $64,000 — Here’s The Resistance Level To Watch

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The Bitcoin price performance has been uninspiring in the past week, mirroring the broader cryptocurrency market climate. However, the premier cryptocurrency seems to be ending the week on a high note following an unexpected Friday rally. The price of BTC appears to have received a breath of fresh air following Federal Reserve Chairman Jerome Powell’s… Continue reading Bitcoin Price Surges Above $64,000 — Here’s The Resistance Level To Watch→

Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows

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Yesterday, Bitcoin (BTC) spiked over 6% following Federal Reserve Chairman Jerome Powell’s announcement that they are adjusting its policy and hinting at a potential 25bps rate cut at the next meeting on September 18. This unexpected news has fueled Bitcoin’s recent volatility, with prices swinging unpredictably in the past weeks.  Crucial on-chain data from CryptoQuant… Continue reading Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows→

Top Economist Predicts Bitcoin Price Top Before Worst Recession Since 1929

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Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and $120,000. In his most recent analysis posted on X, Zeberg expounded upon the cyclical nature of markets and… Continue reading Top Economist Predicts Bitcoin Price Top Before Worst Recession Since 1929→

Will Bitcoin Perform Better In September Compared To August? Here’s What The Data Says

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With each month, the Bitcoin performance can vary widely depending on how investors are feeling toward the market. Years of monthly return data available for the cryptocurrency have led to investors and analysts trying to pinpoint the cryptocurrency’s next move based on historical performance. As the month of August draws to a close, Bitcoin investors… Continue reading Will Bitcoin Perform Better In September Compared To August? Here’s What The Data Says→

September 10: A Bitcoin Game Changer, Says Hedge Fund Founder

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Travis Kling, the founder and Chief Investment Officer of Ikigai Asset Management, is proposing a direct link between the US presidential election outcomes and the Bitcoin price. Via X, Kling delves into the political dynamics and their perceived implications for crypto markets, particularly focusing on the potential re-election of Donald Trump. Why September 10 Could… Continue reading September 10: A Bitcoin Game Changer, Says Hedge Fund Founder→

Historical Data Suggests Bitcoin Could Rise 1,000%, Here’s Why

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Over the years, the Bitcoin price has been through multiple bull and bear cycles, and with the cycles have come a rather consistent trend. As a result, crypto analyst will often use the historical performance of the coin to determine what might happen next. This time around, market expert PlanB has pointed to previous cycle… Continue reading Historical Data Suggests Bitcoin Could Rise 1,000%, Here’s Why→

Glassnode Report Reveals Why The Bitcoin Price Dropped Below $50,000

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Bitcoin crashed below $50,000 on August 5 in a sudden dip that saw many positions liquidated in the crypto market. This sudden dip, which cascaded into other cryptocurrencies, took the market by surprise. As such, Bitcoin fell to its lowest price in six months, and many other altcoins followed suit. Although Bitcoin has since recovered… Continue reading Glassnode Report Reveals Why The Bitcoin Price Dropped Below $50,000→

Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator

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In a video update on YouTube, crypto analyst Rekt Capital delved into the dynamics of Bitcoin’s price movements through the lens of the PI Cycle Top Indicator, a predictive tool that has garnered attention for its historical accuracy in pinpointing the peaks of Bitcoin bull runs. Here’s How High Bitcoin Price Could Go This Cycle… Continue reading Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator→

Bitcoin Spot-Perpetual Gap Points To Continued Selling Pressure – Analyst

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The month of August has been largely uneventful for Bitcoin so far, with the premier cryptocurrency having struggled to reclaim the $65,000 price mark since August 2. Currently, Bitcoin is slightly below $60,000 as the bulls and bears seek to grab control in what has been a range-bound market for the past week. Interestingly, CryptoQuant… Continue reading Bitcoin Spot-Perpetual Gap Points To Continued Selling Pressure – Analyst→