Tag Archives: Bitcoin news

Bitcoin Soaring Toward $84,000: Insights From Glassnode Co-Founders

Posted on by — No Comments ↓

In a remarkable turn of events, Bitcoin (BTC) has broken out of its recent trading range, recording a 7% surge in the past 24 hours alone. The cryptocurrency tests the $66,000 resistance level, setting the stage for a potential move toward higher targets. The latest momentum shift in Bitcoin’s price action has caught the attention… Continue reading Bitcoin Soaring Toward $84,000: Insights From Glassnode Co-Founders→

Market Expert Who Predicted Bitcoin’s Rise above $69,000 Unveils New Target

Posted on by — No Comments ↓

The Bitcoin rise above $69,000 before the fourth halving to reach a new all-time high of $73,000 in 2024 took many by surprise. However, crypto analyst BitQuant was not one of those people. In 2023, the analyst had correctly predicted that the BTC price would reach a new all-time high before the halving was completed.… Continue reading Market Expert Who Predicted Bitcoin’s Rise above $69,000 Unveils New Target→

Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC

Posted on by — No Comments ↓

Glassnode Bitcoin long-term holders are taking advantage of the cryptocurrency’s lower price to significantly increase their holdings. This accumulation further strengthens the belief that this group of Bitcoin investors anticipate a potential upside for Bitcoin despite its recent volatility.  Long-Term Holders Pay $4.3 Billion For 70,000 BTC According to Glassnode, long-term Bitcoin holders who had… Continue reading Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC→

Bitcoin: Will Prices Easily “Explode” Past $74,000 Or Dump Due To Miner Capitulation?

Posted on by — No Comments ↓

Bitcoin prices have been trending lower in the past couple of weeks and generally remain within a bearish formation. Although momentum appears to be picking up, bulls are not out of the woods just yet. Analysts are not losing hope and remain overly upbeat, expecting a surge that would take the world’s most valuable coin… Continue reading Bitcoin: Will Prices Easily “Explode” Past $74,000 Or Dump Due To Miner Capitulation?→

Bitcoin Hash Ribbons Form Capitulation Signal: What It Means

Posted on by — No Comments ↓

On-chain data shows the Bitcoin Hash Ribbons have recently gone through a crossover. Here’s what it could mean for the cryptocurrency. Bitcoin Hash Ribbons Suggest Miner Capitulation Is On As explained by CryptoQuant community manager Maartunn in a Quicktake Hash Ribbons indicator is to be believed. This on-chain metric is generally used to determine whether… Continue reading Bitcoin Hash Ribbons Form Capitulation Signal: What It Means→

Bitcoin Analyst Reveals Why $57,938 Is The Level To Watch This Week

Posted on by — No Comments ↓

price level may not be bad for Bitcoin and could instead be necessary for it to finally make that price rally.  $57,938 Is The Price Level To Keep An Eye On CryptoCon mentioned in an X (formerly Twitter) post that $57,938 is the “new price to watch for the 20-week EMA (Exponential Moving Average).” He… Continue reading Bitcoin Analyst Reveals Why $57,938 Is The Level To Watch This Week→

$291 Billion Asset Manager Founder Predicts Bitcoin Will Hit $420,000

Posted on by — No Comments ↓

In an interview with Yahoo Finance’s “Wealth,” Ric Edelman, founder of the Digital Assets Council of Financial Professionals and $291 billion asset manager Edelman Financial Services, provided a striking forecast for the Bitcoin price. Edelman argued that Bitcoin’s price could surge to $420,000, attributing this potential rise to a modest global asset allocation towards Bitcoin.… Continue reading $291 Billion Asset Manager Founder Predicts Bitcoin Will Hit $420,000→

Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals

Posted on by — No Comments ↓

A quant has explained how there appears to be a relationship between Coinbase’s spot volume dominance vs. Binance’s and the Bitcoin price. Bitcoin Has Been Reacting To Binance/Coinbase Volume Changes In a CryptoQuant Quicktake spot volume dominance. The quant shared a chart below that shows how this war for dominance has played out over the… Continue reading Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals→

Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements

Posted on by — No Comments ↓

Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve. Stagnant Crypto Market Per… Continue reading Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements→

Bitcoin: This Indicator Flashes Green For The First Time Since January 2024

Posted on by — No Comments ↓

According to the candlestick arrangement in the daily chart, Bitcoin is moving inside a range. BTC is also down roughly 20% from the all-time high at spot rates. Though the series of lower lows posted in the past few trading days is bearish, one analyst is upbeat, expecting an encouraging recovery in the sessions ahead. This… Continue reading Bitcoin: This Indicator Flashes Green For The First Time Since January 2024→