Category Archives: Bitcoin

Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel

Posted on by — No Comments ↓

Bitcoin is trending lower at spot rates, sliding away from all-time highs. Looking at the performance in the daily chart, it looks like bears are stepping up, following the general inactivity in an overwhelmingly bearish trend. When writing, the coin is down 10% from March 2024 highs but steady. Will Bitcoin Consolidate For Two More… Continue reading Bitcoin Analyst Claims BTC Consolidation Will Continue, Hedge Funds Throw In The Towel→

It’s ‘Do Or Die’ For Bitcoin Price Soon, Says Analyst

Posted on by — No Comments ↓

Josh Olszewicz, a renowned crypto analyst, has recently shared critical insights into the immediate Bitcoin price future, employing two technical analysis frameworks: the Ichimoku Cloud and Bollinger Bands. These tools hint at pivotal moments that could shape the trajectory of the Bitcoin price in the near to medium term. Bitcoin Analysis Using The Ichimoku Cloud… Continue reading It’s ‘Do Or Die’ For Bitcoin Price Soon, Says Analyst→

Ikigai Founder Explains Why Bitcoin And Crypto Are ‘On The Verge Of Cannibalism’

Posted on by — No Comments ↓

Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, shared his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem, which he described as following: “Bitcoin is ~10% off of ATHs and the timeline appears to be on the verge of cannibalism.” In a series of detailed posts on X,… Continue reading Ikigai Founder Explains Why Bitcoin And Crypto Are ‘On The Verge Of Cannibalism’→

Bitcoin Takes Control In Market Meltdown, Dominance Climbs To 9-Week Peak

Posted on by — No Comments ↓

The cryptocurrency market is currently experiencing significant turbulence, prompting a shift in investor behavior towards Bitcoin, which has traditionally been seen as the safest asset within the digital currency ecosystem. This shift has resulted in Bitcoin’s dominance climbing to a nine-week high of 57%. Amidst the market chaos, Bitcoin has emerged as a beacon of… Continue reading Bitcoin Takes Control In Market Meltdown, Dominance Climbs To 9-Week Peak→

Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail?

Posted on by — No Comments ↓

Bitcoin current position at the $64,515 support level has sparked significant interest among traders and analysts. This key threshold is seen as a critical juncture that could dictate the cryptocurrency’s near-term trajectory. On the one hand, bullish proponents argue that robust fundamentals and renewed investor interest could propel Bitcoin higher. On the other hand, bearish sentiment driven… Continue reading Bitcoin Battles $64,515 Support Level, Can It Hold or Will Bears Prevail?→

Analyst’s Bullish Call: Bitcoin Primed For Massive Jump To $127,000

Posted on by — No Comments ↓

Bitcoin, the undisputed king of cryptocurrencies, finds itself in a tug-of-war between bullish whispers and bearish roars. While some analysts point to technical indicators hinting at a price surge, others warn of potential pitfalls lurking beneath the surface. Bulls See Bullish Flags And Futures Technical analysts are a curious breed. They speak in a language… Continue reading Analyst’s Bullish Call: Bitcoin Primed For Massive Jump To $127,000→

Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000

Posted on by — No Comments ↓

Bitcoin recently dropped $70,000 price level successfully. Based on crypto analyst Josh’s analysis, the flagship crypto needs to climb above this critical support level soon enough or risk flipping into a bearish trend.  Bitcoin Needs To Climb Above $68,000 Josh mentioned in a $67,000 and $68,000 is now an area of strong resistance and one… Continue reading Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000→

Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds

Posted on by — No Comments ↓

Crypto funds witnessed outflows last week after recording five weeks of consecutive inflows. According to drop in the price of Bitcoin throughout the week and a more hawkish-than-expected Federal Open Market Committee (FOMC) meeting held during the week. Crypto Funds Bleed Largest Since March, With Bitcoin In The Lead Crypto funds witnessed outflows of $600… Continue reading Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds→

Metrics Signal Bitcoin Price Increase – But When Is Anyone’s Guess

Posted on by — No Comments ↓

Bitcoin has been on a bumpy ride in recent days. The world’s most popular cryptocurrency has seen its price steadily decline, raising concerns about a prolonged bear market. However, beneath the surface, some analysts are detecting faint bullish whispers that could signal a potential reversal. Buying Pressure Emerges, But Can It Overcome The Downtrend? One… Continue reading Metrics Signal Bitcoin Price Increase – But When Is Anyone’s Guess→

Bitcoin Price Faces Crucial Test: Here’s What At Stake This Week

Posted on by — No Comments ↓

As Bitcoin enters a pivotal week, market participants are closely monitoring several key indicators and events that could determine its near-term trajectory. Renowned crypto analyst Ted (@tedtalksmacro) has provided an in-depth analysis, highlighting the critical factors at play. Weekly Bitcoin Preview Ted’s analysis begins by contextualizing the broader macroeconomic environment. Last week’s US Consumer Price… Continue reading Bitcoin Price Faces Crucial Test: Here’s What At Stake This Week→