Tag Archives: Bitcoin news

Bitcoin Will Hit $80,000 In May Despite Outflows To Ethereum: Analyst

Posted on by — No Comments ↓

Bitcoin is fast-dropping, looking at price action in the daily chart. Even after the impressive spike above $71,500 early this week, there needs to be a conclusive follow-through for optimistic bulls. Despite this correction, one analyst strongly believes Bitcoin will rally sharply, reaching $80,000 by the end of the month.   Will Bitcoin Hit $80,000 By… Continue reading Bitcoin Will Hit $80,000 In May Despite Outflows To Ethereum: Analyst→

Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So

Posted on by — No Comments ↓

Data from a Bitcoin pricing model based on an on-chain indicator suggests that $77,600 may be the level where the asset will see its next peak. Bitcoin MVRV Pricing Bands Could Provide Hints About What’s Next In a new post on X, analyst Ali discussed what the Market Value to Realized Value (MVRV) Pricing Bands… Continue reading Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So→

Bitcoin Price Drop Below $70,000 Apparently Driven By Lack Of Interest, Glassnode Data Shows

Posted on by — No Comments ↓

recently dropped below $70,000. The platform suggested that the flagship isn’t yet seeing enough demand, which could send its price to new highs.  Demand For Bitcoin Is Still Modest In one of its latest market reports, Glassnode mentioned that “the rate at which new capital is flowing into the Bitcoin network has slowed down considerably… Continue reading Bitcoin Price Drop Below $70,000 Apparently Driven By Lack Of Interest, Glassnode Data Shows→

Déjà Vu? Bitcoin Price Eyes Repeat Performance, Could Hit $140,000 By August – Analyst

Posted on by — No Comments ↓

Recent bitcoin analysis and predictions from leading experts shed light on the potential trajectory of the top crypto asset’s price in the coming months, with a focus on 2024 and beyond. Market Insights And Price Forecasts For Bitcoin As the crypto community eagerly anticipates the future of Bitcoin, a diverse range of price predictions has… Continue reading Déjà Vu? Bitcoin Price Eyes Repeat Performance, Could Hit $140,000 By August – Analyst→

Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level

Posted on by — No Comments ↓

Bitcoin is cooling off after an impressive 25% spike from May 2024 lows. Even with this cool-off, some analysts are upbeat, predicting the coin will extend gains in future sessions. Bitcoin Finds Strong Support Between $70,180 and $70,600 In a post on X, one analyst believes Bitcoin has strong support at around $70,180 and $70,600. The… Continue reading Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level→

Bitcoin Whales Spend $6.3 Billion In One Day As Historic BTC Buy Signal Appears

Posted on by — No Comments ↓

Bitcoin whales are not backing down from the market and have continued to capitalize on the pump by buying every dip. The most recent dip toward $60,000 saw these large investors gobble up BTC at an alarming rate, with their daily spending coming in at billions of dollars. Bitcoin Whales Buy $6.3 Billion Worth Of… Continue reading Bitcoin Whales Spend $6.3 Billion In One Day As Historic BTC Buy Signal Appears→

Bitcoin Seen Breaching $73,000 As ‘Bull Run’ Looms, Analyst Says

Posted on by — No Comments ↓

After a two-month breather near its all-time high, Bitcoin (BTC) appears ready to unleash another haymaker, according to crypto analyst Axel Adler. Adler predicts a 300-day bull run fueled by healthy short-term holder profits and a market with plenty of fight left in it. Profitable Punches And Room For More Adler throws down the gauntlet… Continue reading Bitcoin Seen Breaching $73,000 As ‘Bull Run’ Looms, Analyst Says→

Bollinger Bands Inventor Foresees Bitcoin Pullback: Key Levels To Watch

Posted on by — No Comments ↓

Renowned financial analyst John Bollinger has recently issued a caution regarding the potential for a Bitcoin pullback. After BTC price surged from below $66,000 to almost $72,000 at the beginning of the week, Bollinger, the creator of the widely utilized Bollinger Bands indicator, pointed to specific features in the Bitcoin price chart that suggest a… Continue reading Bollinger Bands Inventor Foresees Bitcoin Pullback: Key Levels To Watch→

Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why

Posted on by — No Comments ↓

An analyst has explained how the current Bitcoin surge appears to have hit the halfway completion mark if this indicator is to go by. Bitcoin VWAP Oscillator Suggests BTC Rally Only Halfway Done In a new Volume Weighted Average Price (VWAP) Oscillator is looking like after the latest rally. The VWAP is an indicator that,… Continue reading Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why→

Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?

Posted on by — No Comments ↓

Bitcoin is firm, recently trending above $71,200 and easing past local resistance levels, much to the delight of holders. However, the current leg up is just the beginning for Willy Woo, an on-chain analyst. Bitcoin Rally Getting Started: Analyst Taking to X, Woo, who has been maintaining a bullish outlook for the world’s most valuable… Continue reading Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?→