Category Archives: Bitcoin

British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When

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British mega bank Standard Chartered has made a bullish prediction for Bitcoin (BTC), the world’s largest cryptocurrency. The multinational bank has projected that Bitcoin will surge as high as $100,000 from its current price of above $60,000. Bitcoin To Reach $100,000 By US Election Day In a Tuesday note, Standard Chartered’s head of forex and… Continue reading British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When→

Bitcoin Price Drops Below $60,000: Key Reason Explained

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The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at the Chicago Mercantile Exchange (CME). Why Is Bitcoin Down Today? A “CME gap”… Continue reading Bitcoin Price Drops Below $60,000: Key Reason Explained→

Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks”

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Crypto analyst Quinten François has provided an ultra-bullish narrative for the Bitcoin future trajectory. The analyst suggested that things are about to get interesting for the flagship crypto, predicting it could rise to as high as $4.5 million.  The “Fireworks” Are Just About To Begin For Bitcoin While highlighting the significance of Bitcoin’s fourth halving,… Continue reading Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks”→

Fundstrat’s Head Of Research Says Bitcoin Will Reach $150,000, Here’s When

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Fundstrat’s head of research, Tom Lee has doubled down on his initial Bitcoin prediction, strongly emphasizing that the pioneer cryptocurrency will surge to $150,000. The Wall Street strategist highlighted Bitcoin’s strong bullish outlook, believing that the cryptocurrency will eventually pull out of bearish trends soon. Bitcoin To Hit $150,000 In 2024 In a recent Bitcoin’s… Continue reading Fundstrat’s Head Of Research Says Bitcoin Will Reach $150,000, Here’s When→

Bitcoin Miners Slow Down Selling In July, What This Could Mean For Price

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On-chain data shows that selling pressure from Bitcoin miners has recently slowed down. This is significant considering the impact it could have on Bitcoin’s price heading into the third quarter of the year.  Bitcoin Miners’ Selling Pressure Has Significantly Declined Referencing data from the on-chain analytics platform CryptoQuant, crypto analyst Crypto Dan noted that selling… Continue reading Bitcoin Miners Slow Down Selling In July, What This Could Mean For Price→

Bitcoin Bull Run Tied To Economic Echoes Of The 1930s-1970: Arthur Hayes

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Arthur Hayes, the co-founder of crypto exchange BitMEX, has recently offered a comprehensive analysis in his latest essay, “Zoom Out,” drawing compelling parallels between the economic upheavals of the 1930s-1970s and today’s financial landscape, specifically focusing on the implications for the Bitcoin and crypto bull run. His in-depth examination suggests that historical economic patterns, when… Continue reading Bitcoin Bull Run Tied To Economic Echoes Of The 1930s-1970: Arthur Hayes→

Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level

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Bitcoin has been in a notable state of flux recently after recovering from the crash below $60,000 and establishing support above $61,000. However, with the pioneer cryptocurrency failing to completely beat important resistance points such as $63,500, bearish sentiment continues to dominate the market. Amid this, one crypto analyst has predicted that the Bitcoin crash… Continue reading Crypto Analyst Predicts 45% Drop For Bitcoin, But Says It Won’t Go Below This Level→

Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price

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Bitcoin looks like it’s starting to kick off the week on the right foot, suggesting the end of the correction that lingered throughout June. While investors continue to ponder on Bitcoin’s price trajectory in July, on-chain data, price history, and strategic transactions point to a bullish July. Despite the short-term volatility, many investors remain bullish… Continue reading Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price→

Bitcoin Nears $64,515 Resistance: Will A Breakthrough Ignite A Bullish Run?

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Bitcoin (BTC) is on the brink of a significant price movement as it approaches the crucial resistance level of $64,515. The cryptocurrency asset has been experiencing an upward trend, gaining momentum and investor confidence.  Breaking through this key resistance could act as a catalyst for a major rally, potentially pushing BTC to new heights. Traders… Continue reading Bitcoin Nears $64,515 Resistance: Will A Breakthrough Ignite A Bullish Run?→

Bitcoin Weekend Trading Takes A Siesta: Volumes Plunge To Record Lows

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Bitcoin has long been a hallmark of the cryptocurrency markets, thriving on its 24/7 accessibility. Weekend trading, once a notorious breeding ground for volatility, has been especially significant in the cryptocurrency landscape. However, a recent report by Kaiko reveals a not so rosy picture – BTC weekend trading volumes have plunged to historic lows, potentially… Continue reading Bitcoin Weekend Trading Takes A Siesta: Volumes Plunge To Record Lows→