Tag Archives: Bitcoin news

Crypto Guru Arthur Hayes Is ‘Short-Term Bearish’: Here’s Why

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In a recent essay titled “Boom Times … Delayed,” Arthur Hayes, co-founder and former CEO of BitMEX, delves into why impending Federal Reserve rate cuts may not initially rejuvenate the crypto markets as many investors hope. Published on Substack, Hayes presents a detailed analysis interwoven with his perspective on broader economic policies and their implications… Continue reading Crypto Guru Arthur Hayes Is ‘Short-Term Bearish’: Here’s Why→

Bitcoin Investors Beware: MVRV Has Given Bear Market Signal

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On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Z-Score is currently giving a bearish signal for the BTC market. Bitcoin MVRV Z-Score Has Seen A Bearish Crossover Recently In a newMVRV Z-Score refers to an indicator that keeps track of the difference between the BTC market cap and realized cap, divided by… Continue reading Bitcoin Investors Beware: MVRV Has Given Bear Market Signal→

Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead

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The Bitcoin price has been unable to break out of its current downtrend after losing the $60,000 mark this week, trading as low as $57,790 on Tuesday. However, one indicator is pointing to further price corrections for the largest cryptocurrency on the market that could send the coin well below current levels.  Bitcoin Faces Major… Continue reading Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead→

Will Bitcoin Repeat History? Analyst Sees This 2019 Pattern In Current Market

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Following its renewed peak above $73,000 back in March, Bitcoin has been experiencing a prolonged period of price stagnation ever since, leaving many investors wondering about the potential for future movements. According to a recent analysis by a CryptoQuant analyst under the pseudonym ‘Avocado,’ this stagnation may bear a resemblance to a similar pattern observed… Continue reading Will Bitcoin Repeat History? Analyst Sees This 2019 Pattern In Current Market→

Bitcoin Price Drops Below $58K Again, BTC To Make A Comeback Says Key Metric

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After briefly trading above $59,000 in the early hours of Tuesday, Bitcoin price has now seen a significant retracement, dropping below the $58,000 price mark once again. However, despite this struggle to rally, a CryptoQuant analyst named Kripto Mevsimi recently shared an intriguing observation regarding Bitcoin price on the CryptoQuant QuickTake platform. Bitcoin’s Sharpe Ratio… Continue reading Bitcoin Price Drops Below $58K Again, BTC To Make A Comeback Says Key Metric→

Bitcoin, XRP See Declining Whale Activity: What It Means

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On-chain data shows Bitcoin, XRP, and other top cryptocurrencies have been witnessing notably lesser activity from the whales recently as compared to earlier in the year. Bitcoin, XRP Among Assets Observing A Decline In Whale Transactions In a new post on X, the on-chain analytics firm Santiment has discussed about how the latest trend in… Continue reading Bitcoin, XRP See Declining Whale Activity: What It Means→

Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News

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Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its price below the $60,000 threshold. Due to the cryptocurrency’s prolonged bearish performance, a crypto analyst has warned that Bitcoin could decline even further, predicting a potential crash below $40,000. However, the analyst… Continue reading Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News→

Bitcoin Price Prediction: VanEck Envisions $2.9 Million BTC By 2050

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Amid ongoing volatility for the Bitcoin price, which has struggled to reclaim its all-time high of $73,700, bullish predictions continue to emerge for the leading cryptocurrency. The latest forecast comes from VanEck, asset manager and Bitcoin ETF issuer with over $100 billion in assets under management. Bitcoin Price Projection In a recent update, VanEck projected… Continue reading Bitcoin Price Prediction: VanEck Envisions $2.9 Million BTC By 2050→

Bitcoin Eyes $68,000 In September: Could This Be The Turning Point?

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Bitcoin, after experiencing a blood bath last Month, several analysts have re-analyzed its price action to see what this new month of September might hold for the Bitcoin Market. Amongst them, a renowned crypto analyst known as Mags on X has recently shared an insightful perspective on Bitcoin’s current market behavior in one of his… Continue reading Bitcoin Eyes $68,000 In September: Could This Be The Turning Point?→

Bitcoin Needs To Break $70,000 For The Uptrend To Continue, Here’s Why

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Bitcoin traders are upbeat, expecting prices to shake off recent weakness and soar above the local resistances to as high as $73,800. Even so, before the coin breaks above these liquidation regions, buyers must have conviction. Moreover, the leg up must be sustained by a fresh influx of new capital, ideally from investors fearing they… Continue reading Bitcoin Needs To Break $70,000 For The Uptrend To Continue, Here’s Why→