Category Archives: Bitcoin

Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer

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Bitcoin is starting to inch closer toward $110,000 again, recently pushing to an intraday high of $108,116 and now steadily trading above $107,000. Despite the retracement below $99,000 in the past week, Bitcoin’s current price action shows that the broader market is still bullish.  Notably, the recent price action in the past 24 hours is… Continue reading Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer→

A Tale Of 3 Mayors And Bitcoin’s Climb From $754 To $107,000

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According to Bitwise’s Jeff Park, Bitcoin has gone from a risky experiment to a six-figure asset over three New York mayoral terms. It started near $754 when Michael Bloomberg left office in December 2013. Now, as the city prepares for its next election, it’s trading above $107,000. These numbers show a rise of about 14,590%… Continue reading A Tale Of 3 Mayors And Bitcoin’s Climb From $754 To $107,000→

Extended Wave 5 Scenario Puts Bitcoin Price Above $300,000 With Step-Like Structure In Place

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The Bitcoin price could be entering the final and most explosive phase of its current market cycle, as an analyst maps out the cryptocurrency’s next movements onto a parabolic step-like structure. Reinforcing this bullish outlook is the Elliott Wave 5 count, which points to an epic price rally that could propel Bitcoin above $300,000, eclipsing… Continue reading Extended Wave 5 Scenario Puts Bitcoin Price Above $300,000 With Step-Like Structure In Place→

Bitcoin Price Crash Below $100,000: Pundit Reveals Next Area Of Action To Start Buying

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After the Bitcoin price breakdown below $100,000 over the weekend, multiple new narratives have emerged for where the digital asset may be headed. Calls for the next Bitcoin bear market continue to ring loud as analysts predict lower prices. One crypto analyst, known on X as Astronomer, has taken to the platform to give investors… Continue reading Bitcoin Price Crash Below $100,000: Pundit Reveals Next Area Of Action To Start Buying→

Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next?

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Bitcoin (BTC) has been facing significant volatility and downward pressure lately. However, analysts warn that the downtrend may not be over yet, as projections point to a deeper price crash toward $94,000 soon. According to Bitcoin’s Elliott Wave count, the cryptocurrency is currently in a vulnerable phase that may trigger more losses, despite the market’s… Continue reading Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next?→

Bitcoin Wobbles? Metaplanet Buys Big, Breaks $1 Billion Mark

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Metaplanet has again beefed up its Bitcoin holdings. According to the Tokyo-listed investment firm, it bought 1,111 BTC on Monday for about $118.2 million. The average price paid was roughly $106,408 per coin. Bitcoin has fallen more than 5% over the last week, trading just above $101,000. Performance Metrics Climb Higher Metaplanet’s own numbers show… Continue reading Bitcoin Wobbles? Metaplanet Buys Big, Breaks $1 Billion Mark→

Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin SeasonBitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season

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The Bitcoin dominance has hit a new cycle high, providing a bearish outlook for altcoins and any potential altcoin season. Crypto analyst Finsends has commented on this development and how it could affect the altcoin season moving forward.  What’s Next As Bitcoin Dominance Hits New High? In an X post, Finsends stated that the Bitcoin… Continue reading Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin SeasonBitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season→

Bitcoin Price Crash Far From Over As Support Sits Below $90,000 – Details

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The Bitcoin price crash has been spurred on by looming war events as Iran and Israel continue to go head-to-head. Naturally, the financial markets have responded negatively to this news, and the crypto market has not been left out. Interestingly, the Bitcoin price had sat above the $100,000 psychological level for the longest. However, it… Continue reading Bitcoin Price Crash Far From Over As Support Sits Below $90,000 – Details→

Bitcoin Down But Not Out—Analyst Sees Recovery Ahead Amid Middle East War

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Bitcoin briefly slid to $98,974 late on Sunday after US airstrikes targeted Iranian nuclear facilities. That was its weakest point since early May. But by Monday morning in Asia, the leading cryptocurrency topped $101,000 again. Traders are weighing whether this was just a hiccup or the start of a fresh trend. Arthur Hayes Sees Temporary… Continue reading Bitcoin Down But Not Out—Analyst Sees Recovery Ahead Amid Middle East War→

US Bitcoin ETFs Hit 9 Days Inflow Streak Despite Price Struggles

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The spot Bitcoin ETFs (exchange-traded funds) have been in good form over the past few weeks, receiving renewed interest from investors in the United States. This recent spurt of momentum has been a rare bright spark in the crypto market, which has been overwhelmed with investor uncertainty lately. Interestingly, the typically straight line between the… Continue reading US Bitcoin ETFs Hit 9 Days Inflow Streak Despite Price Struggles→