Tag Archives: bitcoin price

Bitcoin Price Pulls Back: Can It Recover After Correcting Gains?

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Bitcoin price struggled to continue higher above the $64,400 level. BTC is correcting gains and trading near the $62,500 support zone. Bitcoin is holding gains above the $62,500 zone. The price is trading above $62,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at… Continue reading Bitcoin Price Pulls Back: Can It Recover After Correcting Gains?→

Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet

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The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a particular asset is. With the Bitcoin market seeming to be… Continue reading Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet→

Here’s Why The Bitcoin Price Could Hit $100,000 Before The End Of The Year

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Crypto analyst Ash Crypto has outlined several reasons why the Bitcoin price is poised to reach $100,000 by the end of the year. This price level is one that other market experts like Standard Chartered have predicted that the flagship crypto could hit even before year-end.  Why The Bitcoin Price Can Reach $100,000 By Year-End… Continue reading Here’s Why The Bitcoin Price Could Hit $100,000 Before The End Of The Year→

Bitcoin Price Ready to Resume Gains: Can the Uptrend Return?

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Bitcoin price started a fresh increase above the $62,000 zone. BTC is gaining pace and might aim for more gains above the $63,500 zone. Bitcoin is eyeing a fresh increase above the $63,500 zone. The price is trading above $63,250 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming… Continue reading Bitcoin Price Ready to Resume Gains: Can the Uptrend Return?→

Bitcoin Lags Under STH Realized Price Of $63,000 — What Does This Mean?

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The Bitcoin price has somewhat slowed down this weekend, failing to capitalize on its resurgent momentum from Friday, October 4. The premier cryptocurrency continues to hover around the $62,000 mark, reflecting a mere 0.3% decline in the last 24 hours. Recent on-chain data suggests that the price of Bitcoin might continue to turn in a… Continue reading Bitcoin Lags Under STH Realized Price Of $63,000 — What Does This Mean?→

Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable?

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The price of Bitcoin hasn’t quite started the month as widely expected, falling to around the $60,000 mark on Thursday, October 3rd. This bearish pressure is believed to have been triggered by the escalating tension in the Middle East after Iran fired missiles into Israel. However, the premier cryptocurrency seems to be making a turnaround… Continue reading Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable?→

Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?

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Ki Young Ju, the founder of the on-chain analytics platform CryptoQuant, revealed that Bitcoin whales are currently moving out of character in terms of profit-taking. These whales likely believe that the bull is far from over, which is why they haven’t secured as much profit as they have done in previous bull runs.  Bitcoin Whales… Continue reading Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?→

Bitcoin Whales Set Profit-Taking Record In Bull Cycle — What’s Happening?

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The price of Bitcoin has not had the most straightforward performance in 2024 despite a strong start to the year. The flagship cryptocurrency has spent most of the last two quarters in consolidation, fluctuating within the $50,000 and $70,000 range. This uninspiring performance has sparked conversations about the current cycle, with several analysts and experts… Continue reading Bitcoin Whales Set Profit-Taking Record In Bull Cycle — What’s Happening?→

Similarities Between October 2023 And 2024 Suggests The Bitcoin Price May Still Experience ‘Uptober’

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Bitcoin has yet to rally in October, with many bullish proponents awaiting the resumption of an uptrend. Among those closely monitoring the price action in anticipation of an uptrend is a well-known analyst on the social media platform X. This analyst, who goes by the name Ash Crypto, recently highlighted a striking similarity between Bitcoin’s… Continue reading Similarities Between October 2023 And 2024 Suggests The Bitcoin Price May Still Experience ‘Uptober’→

Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC

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Following a volatile week, Bitcoin (BTC) has once again captured the attention of investors as it fluctuates between bearish and bullish sentiments. Earlier this week, the leading cryptocurrency retracted to the $59,800 mark after reaching a two-month high of $66,500 at the end of the previous week. Despite these fluctuations, analysts express confidence that Bitcoin… Continue reading Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC→