Tag Archives: Bitcoin news

Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell

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Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies.  Notably, this rally… Continue reading Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell→

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

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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 Hype Remains Low Even After $63,000 Surge: Green Sign For Rally?

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Data shows the social media users have yet to show excessive hype around the latest Bitcoin rally, a sign that could be positive for its sustainability. Bitcoin Sentiment Ratio Has Spiked, But Value Still Not Too High According to data from the analytics firm Positive Sentiment vs. Negative Sentiment Ratio,” which, as its name suggests,… Continue reading Bitcoin Hype Remains Low Even After $63,000 Surge: Green Sign For Rally?→

Bitcoin Demand Surge: Binance Buyers Take Charge As Coinbase Premium Falls

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A recent analysis from a CryptoQuant analyst, known by the pseudonym ‘Avocado Onchain,’  has highlighted a notable development in the Bitcoin market. According to the analyst’s observations, the Coinbase Premium, which tracks the price difference between Bitcoin on Coinbase and Binance, has turned negative. This indicates that the price of Bitcoin is lower on Coinbase… Continue reading Bitcoin Demand Surge: Binance Buyers Take Charge As Coinbase Premium Falls→

Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy?

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As Bitcoin price valuation inches closer to the $65,000 mark, the asset has grabbed the attention of market analysts, with one recently highlighting a key indicator that now suggests a potential further recovery in BTC’s price. Particularly, according to a recent post on the CryptoQuant Quicktake platform by an analyst under the pseudonym ‘Darkfost,’ the… Continue reading Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy?→

MicroStrategy’s Bitcoin Stash Exceeds 250,000 BTC Following Half-Billion Dollar Acquisition

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Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming higher-yielding securities. MicroStrategy Invests Additional $458 Million In BTC Of the funds raised, MicroStrategy allocated $458 million to purchase… Continue reading MicroStrategy’s Bitcoin Stash Exceeds 250,000 BTC Following Half-Billion Dollar Acquisition→

Here’s Why A Green September Close Is Important For The Bitcoin Price

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Bitcoin is currently exhibiting bullish price action that has sparked optimism among crypto investors. The cryptocurrency recently broke above the psychological $60,000 price barrier after three weeks of acting as a dreaded resistance level. Since breaking past $60,000, Bitcoin has continued the run-up and has increased by 9.8% in the past seven days. Interestingly, the… Continue reading Here’s Why A Green September Close Is Important For The Bitcoin Price→

Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key

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Recent CryptoQuant analysis suggests that short-term Bitcoin holders’ average buy price could be a key factor in predicting the leading crypto’s future movements. The focus is on holders who have had Bitcoin for months, with historical data indicating that their average buy price often serves as a critical support or resistance level. These short-term holders’ buy prices… Continue reading Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key→

Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000

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Data shows the cryptocurrency sector as a whole has witnessed a high amount of liquidations following the volatility Bitcoin and others have gone through. Bitcoin Has Recovered Back Above The $63,000 Level Following the news of the US Federal Reserve cutting back on interest rates, Bitcoin has responded positively, with its price breaking above the… Continue reading Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000→

Bitcoin Price Rally Faces Key Resistance: Will Whale Shorts Trigger A Market Pullback?

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As the broader cryptocurrency market experiences notable gains following the Federal Reserve’s rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning within the market. Divergence In Trader Strategies… Continue reading Bitcoin Price Rally Faces Key Resistance: Will Whale Shorts Trigger A Market Pullback?→