Tag Archives: Bitcoin news

Crypto Analyst Reveals Why $59,800 Is An Important Level For Bitcoin

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Crypto analyst Ali Martinez has provided insights into why $59,800 is a crucial price level for the Bitcoin future trajectory. The analyst revealed two things that could happen if the flagship crypto drops that low.  Why $59,800 Is An Important Level For Bitcoin Martinez mentioned in an X (formerly Twitter) post that the Bitcoin short-term… Continue reading Crypto Analyst Reveals Why $59,800 Is An Important Level For Bitcoin→

Bitcoin To $92,190: Crypto Analyst Reveals Path To ATH Target

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An analyst has explained what path Bitcoin might need to follow to surge to a new all-time high (ATH) target of $92,190. Bitcoin Needs To Breach This Resistance Barrier To Rise To New ATH In a new profit-taking that the market has seen recently. Ali is waiting for another confirmation before the top can be… Continue reading Bitcoin To $92,190: Crypto Analyst Reveals Path To ATH Target→

Bitcoin’s Profit Crunch: Hash Price Hits Record Low Post-Halving—What’s Next For Miners?

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In Bitcoin mining, the activity’s profitability is significantly influenced by a metric known as the ‘hash price.’ This metric has recently plummeted to unprecedented levels, causing concerns within the mining community. Bitcoin’s Latest Halving Sends Hash Price Into Freefall As Bitcoin underwent its fourth halving event on April 20, expectations were high regarding a potential… Continue reading Bitcoin’s Profit Crunch: Hash Price Hits Record Low Post-Halving—What’s Next For Miners?→

Hong Kong Bitcoin ETF Readies For Stellar Debut, Expected To Outshine $125M US Launch

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The eagerly anticipated Hong Kong Bitcoin ETF market is scheduled to commence trading on Tuesday, marking a significant milestone in the increasing adoption of the leading cryptocurrency and building upon the success of the US ETF market.  With their approval, the newly regulated index funds are poised for a noteworthy debut, surpassing the first-day inflows… Continue reading Hong Kong Bitcoin ETF Readies For Stellar Debut, Expected To Outshine $125M US Launch→

Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins

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On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain analytics firm Total Amount of Holders,” which keeps track of the total number of addresses on a… Continue reading Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins→

Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000

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Crypto analyst DonAlt has outlined a scenario where the Bitcoin price could drop to as low as the mid-$40,000. He further suggests that this price breakdown might be necessary for the continuation of BTC’s bull run. How Bitcoin Could Drop To As Low As $47,000 In an price breakout below the $60,000 range would see… Continue reading Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000→

$59,600: Analyst Explains Why Bitcoin Must Stay Above This Level

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Bitcoin bulls may soon be back in business. According to Willy Woo, an on-chain analyst, market data shows that urgent “market sells” responsible for forcing the coin from all-time highs are now falling. This development may prop up prices, preventing further sell-offs. Bitcoin Selling Pressure Easing This preview is due to falling Cumulative Volume Delta (CVD)… Continue reading $59,600: Analyst Explains Why Bitcoin Must Stay Above This Level→

This Bitcoin Metric Foreshadowed Recent Price Drops, Quant Reveals

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A quant has pointed out how a Bitcoin metric may have detected selling pressure in the market, and therefore, the subsequent price drops, in advance. Bitcoin CDD Registered Spikes Before Recent Price Plunges In a new Coin Days Destroyed (CDD) on-chain indicator may be used to identify selling pressure in the market early. A “coin… Continue reading This Bitcoin Metric Foreshadowed Recent Price Drops, Quant Reveals→

CryptoQuant Analyst Reveals Signal That Shows Bitcoin Is Still Very Bullish

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The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down by 2.96% and 6.14% in the past 24 hours and seven days, respectively. … Continue reading CryptoQuant Analyst Reveals Signal That Shows Bitcoin Is Still Very Bullish→

Legendary Trader Predicts When Bitcoin’s Bull Run Will End

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In a recent analysis, veteran trader Peter Brandt delved into the price behavior of Bitcoin, suggesting that the cryptocurrency might have reached its peak for the current cycle. According to Brandt, Bitcoin is exhibiting signs of “Exponential Decay,” indicating a weakening in the momentum of its bull market cycles over the years. “Does history make… Continue reading Legendary Trader Predicts When Bitcoin’s Bull Run Will End→