Category Archives: Bitcoin

Bitcoin’s Latest Casualty: Miner Reserves Plunge to 3-Year Low, What’s Next For BTC?

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Amid Bitcoin (BTC) continuous struggle for a major rally to new heights, miners powering the Bitcoin network are experiencing significant economic shifts. Particularly, recent data shows a stark reduction in Bitcoin reserves held by miners, signaling potential shifts in market stance or miner strategies. Bitcoin Miner Reserves: A Plunge To 3-Year Low Following the latest… Continue reading Bitcoin’s Latest Casualty: Miner Reserves Plunge to 3-Year Low, What’s Next For BTC?→

Mirroring The Crash: Can Bitcoin Rise As Fast As It Fell?

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A crypto analyst has maintained a bullish outlook on Bitcoin (BTC), the world’s largest cryptocurrency, predicting massive rallies in the future. The analyst projects that Bitcoin could rise as fast as it fell, mirroring the speed of its crash as it regains all the value shed during its decline.  Bitcoin Set For Rapid Recovery In… Continue reading Mirroring The Crash: Can Bitcoin Rise As Fast As It Fell?→

CryptoQuant CEO Says Bitcoin Price Could Reach New ATH If It Holds This Level

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Following the Bitcoin price crash below $60,000, hopes for the BTC price to reach a new all-time high, at least for the short-term, seem to have been shattered. However, over the long term, analysts still expect that the Bitcoin price will still rebound from here. One of those who believe that the BTC price will… Continue reading CryptoQuant CEO Says Bitcoin Price Could Reach New ATH If It Holds This Level→

Analyst Says Bitcoin Bottom Is Not In, Will Price Crash Below $50,000 Again?

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Crypto analyst Altcoin Sherpa recently suggested that the Bitcoin bottom isn’t yet in and that the flagship crypto could still drop to new lows. Meanwhile, other crypto analysts like Mikybull Cypto have made a case for why the bottom is in and suggested that it is unlikely that Bitcoin will drop below $50,000 again.  Bitcoin… Continue reading Analyst Says Bitcoin Bottom Is Not In, Will Price Crash Below $50,000 Again?→

Bitcoin Bull Run Still Intact? Here’s What On-Chain Data Says

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After Monday’s market crash, concerns about the stability of Bitcoin’s bull run have emerged. Yet, Ki Young Ju, founder and CEO of CryptoQuant, a leading blockchain analytics firm, maintains a positive outlook. He suggests that, despite the recent crash, on-chain data continues to support the notion that the bull market for Bitcoin remains intact. Bitcoin… Continue reading Bitcoin Bull Run Still Intact? Here’s What On-Chain Data Says→

Bitcoin Crash Over? Veteran Trader Predicts Rebound To $90,000

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The Bitcoin crash may be over, as a crypto trader has predicted a significant rebound for the pioneer cryptocurrency, foreseeing Bitcoin soaring to new all-time highs of $90,000. This bullish projection comes amid the recent downtrend in the price of Bitcoin, which saw a dramatic crash below $50,000 at some point over the past few… Continue reading Bitcoin Crash Over? Veteran Trader Predicts Rebound To $90,000→

Bitcoin Sellers Running Out Of Coins As Dominance Hits 3-Year High

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Bitcoin’s dominance. Bitcoin Seller Exhaustion Is At Its Peak In an X (formerly Twitter) post, Rekt Capital mentioned that “the sell-side volume has reached and even dramatically eclipsed Seller Exhaustion levels seen at previous price reversals to the upside.” The analyst added that Bitcoin hasn’t seen this level of sell-side volume since the Halving event… Continue reading Bitcoin Sellers Running Out Of Coins As Dominance Hits 3-Year High→

VanEck CEO Compares Bitcoin Adoption To Gold, Reveals Why Price Will Touch $350,000

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Bitcoin (BTC), the world’s largest cryptocurrency. According to the popular CEO, Bitcoin is set to witness an exponential surge to $350,000, driven by an adoption rate on par with gold. Bitcoin Set To Hit Ambitious $350,000 Target In an exclusive issuers of Spot Bitcoin ETFs, Van Eck is keenly aware of the volatility in the… Continue reading VanEck CEO Compares Bitcoin Adoption To Gold, Reveals Why Price Will Touch $350,000→

Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO

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A popular Bitcoin analyst has suggested a key breakout point for Bitcoin amidst a bearish market price action. While Bitcoin’s price has been experiencing a downward trend, dynamics and movements over the past few months have established several significant price levels. These levels might offer traders valuable insights into Bitcoin’s potential future actions. The $65,000… Continue reading Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO→

Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000?

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The Relative Strength Index (RSI) is an important indicator for any cryptocurrency, and Bitcoin is no different. Given that the pioneer cryptocurrency has been around the longest, the abundance of data makes it possible to use this indicator in an attempt to pinpoint where the price might be headed next. This time around, the indicator… Continue reading Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000?→