Tag Archives: Bitcoin news

Is Bitcoin Poised for a September Price Surge? What Traders Need to Know

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As summer is currently fast approaching, several crypto traders and analysts have cranked up their optimism for Bitcoin price trajectory. Among them is well-known crypto analyst, Rekt Capital, who has recently analyzing recent trends and historical data. What the Bullish September Sentiment Is Based On Rekt Capital pointed out that despite Bitcoin’s failure to break… Continue reading Is Bitcoin Poised for a September Price Surge? What Traders Need to Know→

Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens

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Hedge fund manager James Lavish has predicted that Bitcoin could rise to $428,000 at some point. He also mentioned what needs to happen for the flagship crypto to reach such an ambitious price target.  How Bitcoin Could Rise To $428,000 Lavish mentioned in an X (formerly Twitter) Bitcoin would rise to $428,000 when it becomes… Continue reading Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens→

Elliot Wave Theory Suggests Bitcoin Price will Crash Below $40,000

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The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated what could happen next for the Bitcoin price. Elliot Wave Theory Points To A Recovery In the analysis Elliot Wave… Continue reading Elliot Wave Theory Suggests Bitcoin Price will Crash Below $40,000→

Is A Major Bitcoin Dip Coming? What the Coinbase Index Tells Us

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An analyst from the CryptoQuant QuickTake platform has now grim move brewing for Bitcoin. This indicator, when placed with its Simple Moving Average over 14 days (SMA14), has often shown a significant correlation with Bitcoin’s selling pressure, shedding light on how crucial its impact is on the market. Bull or Bear: What the Coinbase Index… Continue reading Is A Major Bitcoin Dip Coming? What the Coinbase Index Tells Us→

Mt.Gox Creditors Reclaim 59,000 Bitcoin Via Exchanges, More Redistribution Imminent

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After over a decade of suspense, creditors of the defunct Mt. Gox Bitcoin (BTC) exchange have finally begun receiving long-awaited payouts this month. Data from research firm Glassnode shows that as of Tuesday, 59,000 of Mt. Gox’s 142,000 BTC had already been distributed to creditors via the Kraken and Bitstamp exchanges, with another 79,600 BTC to… Continue reading Mt.Gox Creditors Reclaim 59,000 Bitcoin Via Exchanges, More Redistribution Imminent→

Research Firm Predicts Bitcoin Game Theory In Global Adoption Race

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In an analysis released on Monday, ASXN, an emerging crypto research firm, outlines the dynamics of global Bitcoin adoption through the lens of game theory. The report titled “The Game Theory of Bitcoin Adoption Among Nations” provides an examination of how nations can leverage mathematical game theory to strategically adopt Bitcoin. The report follows on… Continue reading Research Firm Predicts Bitcoin Game Theory In Global Adoption Race→

Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?

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The Bitcoin open interest is a good indicator of how investors are viewing the cryptocurrency and what bets they’re making. This is why the metric hitting a new all-time high is a big deal, carrying serious implications for the market. Once again, the Bitcoin open interest has set a new record and this could spell… Continue reading Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?→

Minimal Bitcoin On-Chain Resistance Ahead: Price Set For New ATH?

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On-chain data suggests minimal resistance for Bitcoin, which could facilitate a rally toward a new all-time high (ATH). Almost All Bitcoin Investors Are Back In The Green With Latest Recovery According to data from the market intelligence platform on-chain analysis, the strength of support and resistance levels is based on the number of investors who… Continue reading Minimal Bitcoin On-Chain Resistance Ahead: Price Set For New ATH?→

Bitcoin Analyst Predicts Super Cycle With A Target Of $220,000, But This Must Happen First

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Following the highly anticipated 2024 Bitcoin Conference in Nashville, Tennessee, over the weekend, a notable spike in positive market sentiment drove the Bitcoin price to a one-month high of $70,000 on Monday.  Analysts are now eyeing the potential for an extended super-cycle, with market expert Doctor Profit suggesting that the recent rally could begin a… Continue reading Bitcoin Analyst Predicts Super Cycle With A Target Of $220,000, But This Must Happen First→

Bitcoin Bull Cycle Likely To Go On Till Mid-2025: CryptoQuant CEO

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The CEO and founder of the on-chain analytics firm CryptoQuant has explained how this Bitcoin bull cycle could probably last till mid-2025. Profit-Taking From Old Bitcoin Whales Lasted For 18 Months In Previous Cycles In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about a pattern that old whales… Continue reading Bitcoin Bull Cycle Likely To Go On Till Mid-2025: CryptoQuant CEO→