Category Archives: Bitcoin

Fears Of Bitcoin Sales By US And German Govts Are FUD, Even Bullish: Experts

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Amidst waves of concern surrounding the sale of Bitcoin by the US and German governments, industry experts have come forward to dispel fears, suggesting that these moves could be bullish for the market. Yesterday, the Bitcoin sector experienced heightened volatility following actions by two major governments. The German Federal Criminal Police (BKA) continued with its… Continue reading Fears Of Bitcoin Sales By US And German Govts Are FUD, Even Bullish: Experts→

Bitcoin Crash Not Done: CoinShares Analyst Predicts ‘True Correction’ Amid Outflows

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Bitcoin-based crypto investments have witnessed another week of outflow in what was an unpleasant week for Bitcoin and other cryptocurrencies. Bitcoin investors, in particular, were disappointed as they watched the price of the world’s biggest asset decline during the week, temporarily falling below $60,000. According to recent inflow data from CoinShares, this correction also flowed… Continue reading Bitcoin Crash Not Done: CoinShares Analyst Predicts ‘True Correction’ Amid Outflows→

Bitcoin Selloff: German Gov’t Offloads Another $67 Million As Price Wobbles

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In a continued effort to liquidate its substantial Bitcoin holdings, the German government has once again engaged in significant transactions involving BTC, according to data from blockchain analytics platforms Arkham Intel. This morning, the Federal Criminal Police Office (BKA) executed nine transactions involving a total of roughly 2,786 BTC. German Gov’t Continues Its Bitcoin Sell-Off… Continue reading Bitcoin Selloff: German Gov’t Offloads Another $67 Million As Price Wobbles→

Bitcoin Rejection At $62,498 Signals Bearish Dominance, Here Are Possible Outcomes

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Bitcoin recently faced a significant rejection at the $62,498 resistance level, underscoring the prevailing bearish dominance in the market. This failure to break through a critical threshold highlights the strength of selling pressure and raises concerns about potential downward trends.  The rejection at this key level signals caution among traders and investors, prompting a reassessment… Continue reading Bitcoin Rejection At $62,498 Signals Bearish Dominance, Here Are Possible Outcomes→

Fact Or Fantasy? Decoding The Bitcoin Rainbow Chart’s $250,000 Prediction

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Bitcoin, the undisputed king of cryptocurrencies, faces a challenge as it approaches a critical moment. After a stellar run in the first half of 2024, breaking past the crucial $71,000 barrier, the digital gold has retreated, currently hovering around the crucial $61,000 support zone. This recent dip has sparked a debate amongst analysts, with some… Continue reading Fact Or Fantasy? Decoding The Bitcoin Rainbow Chart’s $250,000 Prediction→

Here’s Why The Bitcoin Bottom Is In, New Highs Imminent: Crypto Expert

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Crypto expert Duncan (@FloodCapital) recently expressed a strong conviction that Bitcoin has reached its market bottom and is poised for new all-time highs. His analysis, shared on X (formerly Twitter), provides a detailed examination of the current market dynamics and underlying fundamentals that signal a bullish turn for Bitcoin and potentially other cryptocurrencies. Is The… Continue reading Here’s Why The Bitcoin Bottom Is In, New Highs Imminent: Crypto Expert→

Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time

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Spot Bitcoin ETFs have entered another disturbing trend, recording outflows for one week straight. These outflows have coincided with the decline in the Bitcoin price, suggesting that the sell-offs may be directly linked to institutional sell-offs, as well as miner sell-offs. The funds have now completed seven consecutive days of outflows, so this report takes… Continue reading Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time→

Crypto Research Firm Says Bitcoin Crash Below $60,000 May Not Be The End, Here’s Why

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Bitcoin dropped to as low as $60,000 in the last 24 hours, and although the flagship crypto has reclaimed that level, crypto research firm 10x Research predicts that BTC can still go lower soon enough. The firm also outlined several factors that support this bearish outlook.  Bitcoin Could Drop To As Low As $50,000 10x… Continue reading Crypto Research Firm Says Bitcoin Crash Below $60,000 May Not Be The End, Here’s Why→

Is The Bitcoin Bottom In? Here’s What 7 Experts Say

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The market saw a dramatic Bitcoin price drop over the past two days, plunging from a high of $64,500 on Sunday to a low of $58,474. Yesterday’s steep decline followed an unexpected announcement from the trustee of the defunct Mt. Gox exchange, revealing plans to commence BTC and BCH payouts in early July—a move that… Continue reading Is The Bitcoin Bottom In? Here’s What 7 Experts Say→

Bitcoin Takes A Beating: Another $630 Million Exits, Price Drops Lower

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The once-sizzling crypto market continues to sputter, with Bitcoin, the undisputed king of the digital realm, leading the retreat. After a euphoric climb that saw it breach the $73,000 level earlier this year, Bitcoin has shed its royal cloak, plummeting to new lows and dragging the entire crypto ecosystem into a period of frosty uncertainty.… Continue reading Bitcoin Takes A Beating: Another $630 Million Exits, Price Drops Lower→