Tag Archives: Bitcoin news

Binance Bought A Whooping 41,000 BTC During The Dip: Did They Save The Bitcoin Market?

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Bitcoin is moving sideways at press time, absorbing the wave of selling over the last week. Even though there are some optimists, the candlestick arrangement in the daily chart points to weakness. This preview, at least from a technical angle, remains as long as prices trend below the round number of $60,000 and the liquidation… Continue reading Binance Bought A Whooping 41,000 BTC During The Dip: Did They Save The Bitcoin Market?→

Bitcoin Falls Out Of Step With US Equities, What This Could Mean For The Crypto Market

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Recent data shows that Bitcoin has completely detached from US stocks. This is significant considering how the flagship crypto and these stocks had a positive correlation before now, which undoubtedly positively impacted Bitcoin and the broader crypto market. Bitcoin Has No Correlation With US Stocks Data from the market intelligence platform IntoTheBlock shows that Bitcoin’s… Continue reading Bitcoin Falls Out Of Step With US Equities, What This Could Mean For The Crypto Market→

Economist Predicts 90% Chance Bitcoin Hits New High By March 2025

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In a forecast issued via X on Friday, Timothy Peterson, a respected network economist and prominent author in the field of crypto analytics, predicted a near-certain rise of the Bitcoin price in the upcoming 8 months. “There’s a 90% chance Bitcoin will reach a new ATH before March 2025,” Peterson proclaimed. Peterson, known for his… Continue reading Economist Predicts 90% Chance Bitcoin Hits New High By March 2025→

German Government Unloads 80% Of Bitcoin Holdings, Leaving Only $890M Behind

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In recent weeks, German authorities have stepped up the sale of significant amounts of Bitcoin (BTC), resulting in increased selling pressure on the world’s largest cryptocurrency, which has fallen over 20% in the past month.  Bitcoin Reserves On The Brink Of Exhaustion The selling spree began last month when the German government initiated the sale… Continue reading German Government Unloads 80% Of Bitcoin Holdings, Leaving Only $890M Behind→

Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets

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The Bitcoin recovery has not been as impactful as expected, failing to break $60,000 even after a return of bullish momentum. Given this, expectations of a bearish reversal have become the norm as analysts do not believe that the pioneer cryptocurrency has enough steam to sustain the current momentum. One of the analysts who believe… Continue reading Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets→

Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins?

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A crypto analyst has predicted that altcoins to embark on a similar bullish trajectory to new highs.   Bitcoin Anticipated To Hit $100,000 In an X (formerly Twitter) post on June 8, a crypto analyst identified as ‘DonAlt,’ disclosed that he was more pessimistic on altcoins than Bitcoin, the world’s largest cryptocurrency. DonAlt believes that Bitcoin… Continue reading Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins?→

8 Reasons Why The Bitcoin Bear Phase Is Just A ‘Boogeyman’: Fund Manager

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While the Bitcoin price hasn’t reclaimed the crucial $60,000 level to reenter the previous 4-month trading range, Ikigai Asset Management Chief Investment Officer (CIO) Travis Kling thinks that the current bearish phase is not more than a “boogeyman.” Via X, Kling listed eight reasons to be bullish on Bitcoin. He stated: “NFA. I’m wrong often.… Continue reading 8 Reasons Why The Bitcoin Bear Phase Is Just A ‘Boogeyman’: Fund Manager→

Bitcoin Loses Correlation With US Equities As Supply Challenges Mount

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In recent months, the correlation between surging US equities and Bitcoin (BTC) has shown signs of collapse, as the cryptocurrency faces a combination of excess supply and weakened demand that has led to an over 20% price drop from June highs above $70,000 for the largest cryptocurrency on the market.  Bitcoin Correlation With Nasdaq 100… Continue reading Bitcoin Loses Correlation With US Equities As Supply Challenges Mount→

Bitcoin Traders Beware: Analyst Warns Of Potential Traps Amid Price Fluctuations

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In a recent episode of Crypto Banter’s “The Sniper Trading Show,” the analyst dissected Bitcoin, discussing various hurdles and approaches to handle trading through these challenges. With Bitcoin currently teetering around the $57,403 mark, up by 2.4% in the past 24 hours yet still down 21.9% from its March peak, the market sentiment is cautiously… Continue reading Bitcoin Traders Beware: Analyst Warns Of Potential Traps Amid Price Fluctuations→

Bitcoin to the Moon? 300% Growth Predicted By This Latest Crypto Analysis

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Bitcoin is preparing itself for a substantial bull run in the years ahead. One of the latest price trend models predicts significant gains by late 2025 from an analysis rooted in ‘power law,’ a statistical method that has historically proven to be a solid support band for Bitcoin’s value. Revisiting the theory, an engineer named… Continue reading Bitcoin to the Moon? 300% Growth Predicted By This Latest Crypto Analysis→