Tag Archives: bitcoin bull run

Bitcoin Open Interest Reduced By $2.1 Billion In 24 Hours – Time For Spot To Push The Price?

Posted on by — No Comments ↓

Bitcoin is currently trading above $69,000, following a 6% pullback from its recent peak at $73,600. The recent surge in open interest has been a key factor in driving BTC’s price action, with open interest reaching $23.9 billion on October 30, a significant uptick that indicated high market engagement.  However, in the past 24 hours,… Continue reading Bitcoin Open Interest Reduced By $2.1 Billion In 24 Hours – Time For Spot To Push The Price?→

Bitcoin Bull Run Not Over Yet? This Ratio Has Just Seen A Golden Cross

Posted on by — No Comments ↓

Data shows the ratio between two Bitcoin on-chain metrics has recently formed a pattern that has historically been bullish for the asset’s price. Bitcoin LTH/STH SOPR Ratio Has Crossed Above Its 90-Day MA Recently In a new Spent Output Profit Ratio” (SOPR) is an indicator that tells us about whether the Bitcoin investors as a… Continue reading Bitcoin Bull Run Not Over Yet? This Ratio Has Just Seen A Golden Cross→

Expert Sets $285,000 Bitcoin Price Target Based On Quantile Model

Posted on by — No Comments ↓

Sina—a professor, consultant, and co-founder & COO of 21stCapital.com—is projecting that the Bitcoin price could rise as high as $285,000 by the end of 2025 in a new analysis shared on X. Utilizing a quantile regression model, Sina identifies distinct phases in Bitcoin’s market cycle. Can Bitcoin Price Skyrocket Above $200,000? The accumulate.” The Warm… Continue reading Expert Sets $285,000 Bitcoin Price Target Based On Quantile Model→

7 Reasons To Be Bullish On Bitcoin This Week

Posted on by — No Comments ↓

In an analysis shared on X, crypto analyst Patric H. from CryptelligenceX outlines seven reasons why investors should be bullish about the Bitcoin price trajectory this week. “How can anyone be bearish here?! BTC broke the weekly downtrend, closing above key levels, and some people still call for sub-$40k?! Sorry, bears, you clearly missed the… Continue reading 7 Reasons To Be Bullish On Bitcoin This Week→

Is The Bitcoin Bull Run Over? Top Analyst Predicts What’s Next For Crypto

Posted on by — No Comments ↓

Crypto analyst Bob Loukas has released a new video analysis titled “No Bull.” In the video, Loukas delves into the current state of the Bitcoin market, addressing growing concerns about the possibility of a canceled bull run. Loukas begins by acknowledging the prolonged period of consolidation for the Bitcoin price. He senses that “there is… Continue reading Is The Bitcoin Bull Run Over? Top Analyst Predicts What’s Next For Crypto→

Record September Gives Bitcoin 82% Odds For An Ultra Bullish Q4: Analyst

Posted on by — No Comments ↓

Crypto analyst Astronomer (@astronomer_zero) posits a strong bullish outlook for Bitcoin in the fourth quarter of 2024. Leveraging historical data, Astronomer provides an analysis via X, suggesting an 82% probability of an ultra bullish trend based on the performance of Bitcoin in September. The crypto analyst opens his analysis with an emphasis on the unexpected… Continue reading Record September Gives Bitcoin 82% Odds For An Ultra Bullish Q4: Analyst→

Bitcoin Could Top At $400,000 Based On This Model, Analyst Says

Posted on by — No Comments ↓

An analyst has explained how the next Bitcoin top could be situated around $400,000, if this model for the asset’s price continues to hold. Bitcoin Long-Term Power Law Could Reveal Possible Location Of Next Top In a new post on X, analyst Ali Martinez has talked about what the Long-Term Power Law could say about… Continue reading Bitcoin Could Top At $400,000 Based On This Model, Analyst Says→

Bitcoin Indicator Signals ‘Shift To Bullish Territory’ – Can BTC Break Past $65,000?

Posted on by — No Comments ↓

Bitcoin has experienced a significant price surge since Tuesday, following the Federal Reserve’s announcement of a 50 bps interest rate cut. This move pushed BTC past the critical $62,000 mark, a psychological level that has become a turning point for investor sentiment. With Bitcoin now testing local supply, market participants are closely watching for further… Continue reading Bitcoin Indicator Signals ‘Shift To Bullish Territory’ – Can BTC Break Past $65,000?→

Bitcoin Breaks $64,000, But This Pattern Could Mean Bull Run Isn’t Safe

Posted on by — No Comments ↓

On-chain data shows the Bitcoin Supply in Profit indicator has been forming a pattern recently that could put the bull run into jeopardy. Bitcoin Supply In Profit Has Seen Multiple Dips Into “Transition” Zone Recently As an analyst in a CryptoQuant Quicktake Supply in Profit” trend could suggest a potential entry into the transition zone… Continue reading Bitcoin Breaks $64,000, But This Pattern Could Mean Bull Run Isn’t Safe→

Bitcoin And Altcoin Bull Run Will Return, Arthur Hayes Reveals Timeline

Posted on by — No Comments ↓

In a new essay, Arthur Hayes, the co-founder of crypto exchange BitMEX, has outlined a bullish future for Bitcoin and altcoins. His analysis, focused on the interplay between government liquidity operations and asset prices, suggests a looming bull market in the crypto space, driven by strategic fiscal maneuvers by the US Treasury. When Will The… Continue reading Bitcoin And Altcoin Bull Run Will Return, Arthur Hayes Reveals Timeline→