Category Archives: Bitcoin

8 Reasons Why The Bitcoin Bear Phase Is Just A ‘Boogeyman’: Fund Manager

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While the Bitcoin price hasn’t reclaimed the crucial $60,000 level to reenter the previous 4-month trading range, Ikigai Asset Management Chief Investment Officer (CIO) Travis Kling thinks that the current bearish phase is not more than a “boogeyman.” Via X, Kling listed eight reasons to be bullish on Bitcoin. He stated: “NFA. I’m wrong often.… Continue reading 8 Reasons Why The Bitcoin Bear Phase Is Just A ‘Boogeyman’: Fund Manager→

83% Of All Bitcoin Holders Still In Profit Despite Drop Below $60,000

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Over the weekend, the Bitcoin price dropped below $60,000 amid rapid selling by major holders such as the German and US governments. This led to one of the largest drops seen for the pioneer cryptocurrency in the last two years, costing the market billions of dollars. However, despite this, Bitcoin holders are still seeing major… Continue reading 83% Of All Bitcoin Holders Still In Profit Despite Drop Below $60,000→

Bitcoin Crash: Here’s What The Data Says About Buying The Dip

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The on-chain analytics platform Santiment has provided useful insights for investors considering buying the Bitcoin dip. The platform suggested that the worst might not be over as the flagship crypto could still experience further dips from its current price range.  To Buy Or Not To Buy The Bitcoin Dip? In an X (formerly Twitter) post,… Continue reading Bitcoin Crash: Here’s What The Data Says About Buying The Dip→

If History Repeats, Bitcoin Price Could Crash 33% Again: Here’s Why

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The Bitcoin price is already down more than -22% since the mid-March high over $73,000. While BTC is currently stabilizing above $57,000 following the recent price crash, there could be even more downside ahead if history repeats, according to Jacob Canfield, a trading mentor at the Trading Mastery. Canfield’s latest analysis points to a potential… Continue reading If History Repeats, Bitcoin Price Could Crash 33% Again: Here’s Why→

German Triggers Bitcoin Crash With Rapid Selling: Here’s How Much BTC They Have Left

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The price of immense pressure on the pioneer cryptocurrency amidst broader market volatility.  German Government Initiates Massive BTC Sell-Off Bitcoin’s consistent price decline has been driven by multiple factors including outflows from Spot Bitcoin ETFs, unfavorable market conditions and Mt Gox’s BTC redistribution plans. Lately, the cryptocurrency’s price has been further pressured by the substantial… Continue reading German Triggers Bitcoin Crash With Rapid Selling: Here’s How Much BTC They Have Left→

Legendary Trader Peter Brandt Says Bitcoin Could Crash To $44,000, Here’s Why

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to as low as $44,000. He predicted this could happen based on a technical indicator that paints a bearish outlook for the flagship crypto.  Why Bitcoin Could Drop To $44,000 Brandt predicted in an X (formerly Twitter) post that Bitcoin could drop to as low as $44,000 if the flagship crypto has completed a double… Continue reading Legendary Trader Peter Brandt Says Bitcoin Could Crash To $44,000, Here’s Why→

Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?

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Recent data shows that the Bitcoin mining difficulty is on the decline and has hit its lowest since May. This is significant considering what this could mean for the Bitcoin ecosystem, specifically Bitcoin’s price. Bitcoin Mining Difficulty Drops To 79.5 T Data from CoinWarz shows that Bitcoin mining difficulty has dropped to 79.5 T at… Continue reading Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?→

Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week?

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The beginning of July has not been bullish for the Bitcoin and crypto market as earlier expected due to a number of events that have shaken the market. For example, the Spot Ethereum ETFs did not debut on July 2nd as expected, and the US and German governments have been reportedly selling large tranches of… Continue reading Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week?→

Is Bitcoin Undervalued Now? Industry Expert Decodes The Market State

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On Saturday, Bitcoin experienced a robust rally, climbing above $58,250. Despite this upward movement, it was unable to sustain the momentum and close above the 200-day Exponential Moving Average (EMA). This led to the formation of a bearish engulfing candlestick pattern on Sunday, signaling potential downside momentum. Currently, Bitcoin is trading below $56,000, positioning it… Continue reading Is Bitcoin Undervalued Now? Industry Expert Decodes The Market State→

Analyst Hints Bitcoin Price Recovery Might Be Underway — Here’s Why

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Crypto analyst Ali Martinez has offered an exciting bullish projection for the Bitcoin price. This analysis is even more interesting for the premier cryptocurrency after it fell to a multi-month low over the past week. Is A Return To $60,000 On The Cards For BTC Price? In a new post on the X platform, Martinez… Continue reading Analyst Hints Bitcoin Price Recovery Might Be Underway — Here’s Why→