Tag Archives: Bitcoin news

Bitcoin (BTC) Long-Term Holders Locking Consistent Gains: A Sign Of Stability?

Posted on by — No Comments ↓

In the past few weeks, following a series of corrections, Bitcoin and the broader crypto market have experienced a significant surge from the lower prices of 2024.  The momentum picked up notably on Friday after Jerome Powell, Chairman of the Board of Governors of the Federal Reserve System, announced a shift in policy, hinting at… Continue reading Bitcoin (BTC) Long-Term Holders Locking Consistent Gains: A Sign Of Stability?→

Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows

Posted on by — No Comments ↓

Yesterday, Bitcoin (BTC) spiked over 6% following Federal Reserve Chairman Jerome Powell’s announcement that they are adjusting its policy and hinting at a potential 25bps rate cut at the next meeting on September 18. This unexpected news has fueled Bitcoin’s recent volatility, with prices swinging unpredictably in the past weeks.  Crucial on-chain data from CryptoQuant… Continue reading Bitcoin (BTC) Ready To Break Past $65,000, On-Chain Data Shows→

Bitcoin on the Verge of a Breakout? Economist Refines Price Target To $120,000

Posted on by — No Comments ↓

Economist and market analyst Henrik Zeberg has made an updated bullish forecast for Bitcoin, predicting that the leading cryptocurrency could surge between $115,000 and $120,000. Zeberg, who forecasted a rise to $95,000-$100,000 in December 2022, revised his prediction based on his Business Cycle Model. Bitcoin On The Verge Of A Breakout? Despite a generally bearish… Continue reading Bitcoin on the Verge of a Breakout? Economist Refines Price Target To $120,000→

Bitcoin Poised for a 200% Rally as Analyst Spot Rare Bullish Pattern

Posted on by — No Comments ↓

Amid Bitcoin’s current gradual recovery in price, attention has been drawn towards the asset as it prepares to be on the verge of closing its seventh consecutive monthly candle above the all-time high (ATH) of 2021. Renowned crypto analyst Moustache recently took to X to highlight this key milestone, emphasizing the importance of higher timeframes… Continue reading Bitcoin Poised for a 200% Rally as Analyst Spot Rare Bullish Pattern→

Bitcoin Analyst Expects Bulls To Break $74,000 Within Two Months, History Favors BTC In Q4 2024

Posted on by — No Comments ↓

The rejection of lower prices after the climactic drop in early August assuaged trades. Despite the welcomed recovery, Bitcoin bulls are yet to build on the momentum and break above the local resistance levels. Even so, traders are optimistic, expecting buyers to take charge and resume the uptrend set in motion in Q1 2024. In… Continue reading Bitcoin Analyst Expects Bulls To Break $74,000 Within Two Months, History Favors BTC In Q4 2024→

Bitcoin Investors Are Still Fearful: What Needs To Happen For A Turnaround?

Posted on by — No Comments ↓

Data shows that Bitcoin investors still hold a sentiment of fear as the cryptocurrency’s price continues to consolidate. Bitcoin Fear & Greed Index Is Currently Pointing At ‘Fear’ The “Fear & Greed Index” is an indicator created by Alternative that, in short, tells us about the general sentiment present among the traders in the Bitcoin… Continue reading Bitcoin Investors Are Still Fearful: What Needs To Happen For A Turnaround?→

Bitcoin Price Breaches $62,000: Market Reacts To Powell’s Speech

Posted on by — No Comments ↓

In a week marked by economic anticipation and turbulence, the crypto market experienced a rollercoaster ride as the Bitcoin price surged and retreated in response to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Economic Symposium. Bitcoin Price Rallies On Powell’s Dovish Tones Powell’s risk assets like Bitcoin, as it signals a more… Continue reading Bitcoin Price Breaches $62,000: Market Reacts To Powell’s Speech→

Top Economist Predicts Bitcoin Price Top Before Worst Recession Since 1929

Posted on by — No Comments ↓

Henrik Zeberg, Head Macro Economist at Swissblock, has reasserted his prediction that a US recession is inevitable, but not before a dramatic upswing in financial markets, including a substantial rally for Bitcoin to heights between $115,000 and $120,000. In his most recent analysis posted on X, Zeberg expounded upon the cyclical nature of markets and… Continue reading Top Economist Predicts Bitcoin Price Top Before Worst Recession Since 1929→

Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals

Posted on by — No Comments ↓

The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations.  The ETH/BTC chart reveals this shift. At the time of writing, Ethereum’s price in Bitcoin terms was 0.043, its… Continue reading Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals→

These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals

Posted on by — No Comments ↓

An analyst has revealed the Bitcoin price zones that could act as major support and resistance centers for the cryptocurrency. A Large Number Of Investors Bought Bitcoin Inside These Zones In a new on-chain analysis, the potential for any price level to behave in this manner lies in the amount of tokens purchased. Below is… Continue reading These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals→