Tag Archives: Bitcoin Bullish

Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues

Posted on by — No Comments ↓

Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March all-time high (ATH), recording a new high nearly every day for the last seven days. Bitfinex analysts noted that the market remains “relatively stable” despite increased speculative activity. Bitcoin ‘Fair Value’ Priced… Continue reading Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues→

Bitcoin Could See ‘One Last Shakeout’ In November, Here Are The Levels To Watch

Posted on by — No Comments ↓

Bitcoin (BTC) has recorded a remarkable surge in the past 14 days, nearing the $70,000 mark earlier this week. However, some market watchers shared their worries about the recent retraces, suggesting the cryptocurrency could face another correction ahead of the US Presidential election. Bitcoin To Face Another Shakeout Soon This ‘Uptober,’ Bitcoin has recorded a… Continue reading Bitcoin Could See ‘One Last Shakeout’ In November, Here Are The Levels To Watch→

Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?

Posted on by — No Comments ↓

Bitcoin has had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. Following weeks of strong bullish momentum, the market has now cooled, and BTC is consolidating just below the crucial $70,000 level. This key threshold is seen as a trigger for intensified buying pressure if… Continue reading Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?→

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→

Bitcoin Signal That Led To At Least 70% Surge Has Formed Again

Posted on by — No Comments ↓

On-chain data shows a Bitcoin signal that has led to at least a 70% rally the last four times has recently formed for the asset once again. Bitcoin MVRV Momentum Has Seen A Bullish Crossover Recently In a new MVRV Ratio” is an indicator that keeps track of the ratio between the Bitcoin market cap… Continue reading Bitcoin Signal That Led To At Least 70% Surge Has Formed Again→

Bitcoin Extreme Greed Is Nearly Here: Will This Lead To A Top?

Posted on by — No Comments ↓

Data shows the Bitcoin market sentiment has nearly turned to extreme greed as the cryptocurrency’s price has rallied to the $68,000 mark. Bitcoin Fear & Greed Index Is Currently Inside The Greed Region The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment present among traders in… Continue reading Bitcoin Extreme Greed Is Nearly Here: Will This Lead To A Top?→

Bitcoin’s Road To $70,000? Analysts Set Next Targets As BTC Retests Key Levels

Posted on by — No Comments ↓

Bitcoin (BTC), the largest cryptocurrency by market capitalization, started the third week of October with a 6% daily surge. BTC’s performance has fueled bullish sentiment among crypto investors and market watchers, who suggest it might be ready to move to $70,000. Bitcoin Reclaims Key Support Levels Bitcoin began the week reclaiming key resistance levels after… Continue reading Bitcoin’s Road To $70,000? Analysts Set Next Targets As BTC Retests Key Levels→

Analysts Unfazed By Bitcoin (BTC) Drop, But Should We Fear October 5?

Posted on by — No Comments ↓

Despite the green September close, Bitcoin (BTC) and the rest of the market faced another bloodbath as October started. The flagship crypto saw a 7% decline, fueling a bearish sentiment among investors. However, most analysts remain optimistic about BTC’s performance in the next three months. Is This The ‘Shakeout Before Breakout’? The market began the… Continue reading Analysts Unfazed By Bitcoin (BTC) Drop, But Should We Fear October 5?→

Bitcoin (BTC) On Track For ‘Strongest September Performance’, Is $90,000 Next?

Posted on by — No Comments ↓

Bitcoin (BTC), the largest cryptocurrency by market capitalization, has led the market recovery with its surge to the $63,000 mark. Following the recent developments, the flagship cryptocurrency’s performance has seen an 8% weekly surge, driving BTC to one of its best September performances since its creation. Bitcoin Registers Sixth Green Daily Candle During the first… Continue reading Bitcoin (BTC) On Track For ‘Strongest September Performance’, Is $90,000 Next?→

Bitcoin Could Reach $108,000 To $155,000 By 2024 End, Analyst Reveals Why

Posted on by — No Comments ↓

An analyst has explained why Bitcoin could end the year 2024 inside the $108,000 to $155,000 range if history repeats for the asset. Bitcoin Performance Has Been Similar To Last Two Cycles So Far In a new cryptocurrency exchange FTX back in late 2022. Below is the chart shared by Van Straten, which shows how… Continue reading Bitcoin Could Reach $108,000 To $155,000 By 2024 End, Analyst Reveals Why→