Category Archives: Bitcoin

Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals

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Following a tumultuous start to the month, the cryptocurrency market has yet to shake off the early August blues. The story has not been very much different for the price of Bitcoin, which struggled to make an impact in the past week. With BTC’s price almost 20% adrift of its all-time high of $73.737, there… Continue reading Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals→

Will The Bitcoin Price Return To $20,000? Crypto Analyst Provides Answers

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Bitcoin has not been in the $20,000 range going on two years now and some believe that the pioneer cryptocurrency will never revisit this level again. However, according to one analyst, the Bitcoin price falling back to $20,000 is a matter of when, not if. While they do not expect that this crash will happen… Continue reading Will The Bitcoin Price Return To $20,000? Crypto Analyst Provides Answers→

Bitcoin Price Set To Surge With $2.5 Billion Stablecoin Inflows: Research Firm

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An influx of $2.5 billion in stablecoins is anticipated to potentially drive a significant surge in the Bitcoin price, as detailed in a new report by Markus Thielen, a market researcher at 10x Research. Bitcoin Price Boost Is Incoming In his latest research note, Thielen explains the critical importance of monitoring and analyzing crypto money… Continue reading Bitcoin Price Set To Surge With $2.5 Billion Stablecoin Inflows: Research Firm→

Bitcoin Flashes Inverted Triangle, Analyst Peter Brandt Explains What This Means

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Veteran crypto analyst, Peter Brandt has uncovered an inverted or expanding triangle pattern in Bitcoin (BTC). Utilizing classical charting principles, Brandt analyzes the technical pattern formation, highlighting its potential impact on Bitcoin’s price trajectory. What Bitcoin’s Inverted Triangle Pattern Means On August 12, Brandt took to X (formerly Twitter) to expanding Triangle pattern in Bitcoin.… Continue reading Bitcoin Flashes Inverted Triangle, Analyst Peter Brandt Explains What This Means→

Crypto Analyst Says End Of This Bitcoin Bear Trap Could Drive Price To $72,000

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A crypto analyst has unveiled a highly optimistic forecast for Bitcoin (BTC), suggesting that the end of the supposed Bitcoin bear trap could propel the price of the cryptocurrency to new highs, potentially reaching $72,000.  Bitcoin Set To Hit $72,000 In a recent X (formerly Twitter) Bitcoin will surge to $72,000 soon. The analyst shared… Continue reading Crypto Analyst Says End Of This Bitcoin Bear Trap Could Drive Price To $72,000→

Legendary Fibonacci Extension Reveals When Bitcoin Will Reach $109,000

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Crypto analyst CryptoCon has highlighted a technical indicator that has always accurately predicted each local high for Bitcoin in this bull run. Once again, this indicator has revealed the next local high for Bitcoin and when it will happen.  When Bitcoin Will Reach A Local High Of $109,000 CryptoCon predicted in an X (formerly Twitter)… Continue reading Legendary Fibonacci Extension Reveals When Bitcoin Will Reach $109,000→

Bitcoin To Rally To $250,000 If This Condition Is Met, Analyst Says

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The price of Bitcoin has shown no significant movement in the last day rising by only 0.78% according to data from CoinMarketCap. Following a widescale crash in the global financial markets, the crypto market leader pulled off a strong recovery in the past week, gaining by 16% to reach a peak of $62,000. As Bitcoin… Continue reading Bitcoin To Rally To $250,000 If This Condition Is Met, Analyst Says→

Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000

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Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash. Cowen noted in a rise to $62,000 brought about the Death Cross, which now threatens lower prices for… Continue reading Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000→

Bitcoin Set For Critical Price Resistance Encounter – Analyst

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The price of Bitcoin has continued to maintain an impressive recovery trajectory following an earlier dip in the week, which saw the asset trade below the $50,000 price mark. The crypto market leader was greatly affected by a widespread decline in the global financial markets, losing over 16% of its market value, due to fears… Continue reading Bitcoin Set For Critical Price Resistance Encounter – Analyst→

Bitcoin Price Soars Above $62,000 Again: Top 3 Reasons

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The Bitcoin price records a major rally in recent days. After plummeting to a low of $49,000 on Monday, the BTC price soared as high as $62,700 during the Asian trading session today. Thus, BTC has surged 24% from its Monday low. Over the last 24 hours alone, BTC has risen by 7%. These are… Continue reading Bitcoin Price Soars Above $62,000 Again: Top 3 Reasons→