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

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

If History Repeats, Bitcoin Price Could Crash 33% Again: Here’s Why

The Bitcoin price is already down more than -22% since the mid-March high over $73,000. While BTC is currently stabilizing above $57,000 following the recent price crash, there could be even more downside ahead if history repeats, according to Jacob Canfield, a trading mentor at the Trading Mastery. Canfield’s latest analysis points to a potential… Continue reading If History Repeats, Bitcoin Price Could Crash 33% Again: Here’s Why

Is Bitcoin Undervalued Now? Industry Expert Decodes The Market State

On Saturday, Bitcoin experienced a robust rally, climbing above $58,250. Despite this upward movement, it was unable to sustain the momentum and close above the 200-day Exponential Moving Average (EMA). This led to the formation of a bearish engulfing candlestick pattern on Sunday, signaling potential downside momentum. Currently, Bitcoin is trading below $56,000, positioning it… Continue reading Is Bitcoin Undervalued Now? Industry Expert Decodes The Market State

Bitcoin Miner Selling Cools Off – Is This The Breakout Moment?

In an analysis provided by CryptoQuant, a significant change in Bitcoin miner behavior has been noted, potentially indicating a turning point. CryptoQuant analyst, known as Crypto Dan, outlined a reduction in miners’ selling pressure, which has historically been a pivotal factor affecting Bitcoin’s price trajectory. Bitcoin Mining Selling Pressure Decreases According to Crypto Dan, “Miners’… Continue reading Bitcoin Miner Selling Cools Off – Is This The Breakout Moment?

Bitcoin Drops Below $64,000, But Arthur Hayes Advocates ‘Buy The Dip’

Bitcoin is experiencing a significant decline today, dipping below the $64,000 mark to a low of $63,564. This drop represents a 2.5% decrease in the last 24 hours and an overall 12% decline over the past two weeks. Amidst this downward trend, Arthur Hayes, the co-founder of BitMEX, is not only maintaining his bullish stance… Continue reading Bitcoin Drops Below $64,000, But Arthur Hayes Advocates ‘Buy The Dip’

Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide

In an analysis released to his 280,000 followers on X, the renowned crypto analyst known as Cold Blooded Shiller (@ColdBloodShill) provided an in-depth look at the current state of Bitcoin amidst a volatile market environment. His commentary, titled “Ultimate BTC Simple Bias Guide,” unpacks the recent emotional reactions triggered by Bitcoin’s price movements and offers… Continue reading Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide

Best Long-Term Bitcoin Buy Signal Flashes, Hedge Fund CEO Warns

In his latest dispatch, Charles Edwards, CEO of the Bitcoin and digital asset hedge fund Capriole, has flagged a significant market indicator in the latest edition of the firm’s newsletter, Update #51. Edwards points to the activation of the “Hash Ribbons” buy signal, a notable event that has historically indicated prime buying opportunities for Bitcoin.… Continue reading Best Long-Term Bitcoin Buy Signal Flashes, Hedge Fund CEO Warns

The Half-Million Dollar Bitcoin: Predictions Point To Monumental Price Surge In 18 Months

Bitcoin (BTC), the largest cryptocurrency in the market, recently touched the crucial $70,000 level, proving to be a significant hurdle for its price consolidation in recent months.  Despite surpassing its previous high and reaching a record all-time high (ATH) of $73,700 in March, BTC experienced a 20% price correction to around $56,500 at the beginning… Continue reading The Half-Million Dollar Bitcoin: Predictions Point To Monumental Price Surge In 18 Months

Eye On $91,500: Key Bitcoin Level Could Trigger Massive Surge, Analyst Warns

In a technical analysis shared by noted crypto analyst Josh Olszewicz on the social platform X, there appears to be a significant bullish sentiment building around Bitcoin, particularly if it surpasses the crucial $72,000 mark. Olszewicz, leveraging both the Ichimoku Cloud and Fibonacci extensions, illustrates a scenario where breaking this key resistance level could catapult… Continue reading Eye On $91,500: Key Bitcoin Level Could Trigger Massive Surge, Analyst Warns

Whales Push Bitcoin Into Narrow Consolidation Range: What To Expect Next

Recent analytical insights from FireCharts 2.0 are indicating significant maneuvers by major stakeholders of Bitcoin—often referred to as “whales”—which are impacting the cryptocurrency’s price movements. These stakeholders are altering liquidity patterns in a manner that suggests a strategic push towards a more tightly controlled trading range. What Bitcoin Whales Are Up To According to Material… Continue reading Whales Push Bitcoin Into Narrow Consolidation Range: What To Expect Next