Tag Archives: bitcoin price

Record September Gives Bitcoin 82% Odds For An Ultra Bullish Q4: Analyst

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Crypto analyst Astronomer (@astronomer_zero) posits a strong bullish outlook for Bitcoin in the fourth quarter of 2024. Leveraging historical data, Astronomer provides an analysis via X, suggesting an 82% probability of an ultra bullish trend based on the performance of Bitcoin in September. The crypto analyst opens his analysis with an emphasis on the unexpected… Continue reading Record September Gives Bitcoin 82% Odds For An Ultra Bullish Q4: Analyst→

Bitcoin Price Corrects Recent Gains: Is a Deeper Dip Coming?

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Bitcoin price extended its increase above $66,000. BTC is now correcting gains below $65,500 and might continue to move down toward $64,000. Bitcoin is correcting gains from the $66,500 zone. The price is trading below $65,250 and the 100 hourly Simple moving average. There was a break below a short-term bullish trend line with support… Continue reading Bitcoin Price Corrects Recent Gains: Is a Deeper Dip Coming?→

Bitcoin Price To Witness Significant Gains In Last 3 Months Of 2024, Historical Data Shows

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The price of Bitcoin started the year on a bounce, securing a new all-time high before the end of the first quarter of 2024. However, the second and third quarters weren’t all that rosy for the crypto market, with the premier cryptocurrency largely moving within a consolidation range. September, the last month of the third… Continue reading Bitcoin Price To Witness Significant Gains In Last 3 Months Of 2024, Historical Data Shows→

Analysts Who Correctly Predicted Bitcoin March ATH Forecasts What Happens Next

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10xResearch analysts who had correctly predicted run-up to a new all-time high for the Bitcoin price, something that could mark the beginning of another bull market. Fed’s Rate Cut Triggers Bitcoin Uprising Following the Federal Reserve’s decision to cut interest rates by 0.5 bps earlier in the month, the Bitcoin price has been on a… Continue reading Analysts Who Correctly Predicted Bitcoin March ATH Forecasts What Happens Next→

Bitcoin Futures Under Pressure: $64,000 Support Critical To Avert Long Squeeze

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With Bitcoin (BTC) hitting a near three-month high of $66,000 on Friday, technical analyst InspoCrypto suggests that the BTC futures market is at a critical juncture, with the potential for further short squeezes and the importance of maintaining support around the $64,000 level. Divergence Despite BTC Uptrend The analyst recently noted in his writing that… Continue reading Bitcoin Futures Under Pressure: $64,000 Support Critical To Avert Long Squeeze→

Here’s Who Has Been Driving The Bitcoin Price Recovery Above $65,000

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Bitcoin is now trading above the $65,000 price level for the first time in two months, leaving the $63,000 resistance level behind. This interesting increase has seen Bitcoin increase by almost 23% from a September low of $53,400 on September 6, pushing many holders into profitability. According to Santiment, this price action has been mostly… Continue reading Here’s Who Has Been Driving The Bitcoin Price Recovery Above $65,000→

MicroStrategy’s Bitcoin Bet Pays Off In Multiple Ways As Stock Surges 317%

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MicroStrategy was shot into the limelight when it began publicly buying Bitcoin back in 2020. While it is not the only publicly listed company to do this, the company’s aggressive Bitcoin strategy set it apart from the rest. Four years later, MicroStrategy is now the public company with the largest BTC holdings in the world,… Continue reading MicroStrategy’s Bitcoin Bet Pays Off In Multiple Ways As Stock Surges 317%→

Analyst Warns Of A ‘Super Signal’ For Cardano (ADA): Could It Outperform Bitcoin?

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Cardano (ADA) has recently recorded impressive gains of nearly 13% over the past week, outperforming Bitcoin (BTC), the largest cryptocurrency by market capitalization. Analysts are optimistic about further price increases for ADA, particularly following the emergence of a “super signal” on the ADA/BTC trading chart. Cardano Price Tests Key Levels Market expert TrendRider highlighted this… Continue reading Analyst Warns Of A ‘Super Signal’ For Cardano (ADA): Could It Outperform Bitcoin?→

Bitcoin Price Back on Track: Can It Maintain Traction?

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Bitcoin price started a fresh increase above the $64,750 resistance. BTC is now consolidating near $65,000 and might remain supported. Bitcoin is consolidating gains near the $65,000 zone. The price is trading above $64,200 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with resistance at $65,250 on the hourly… Continue reading Bitcoin Price Back on Track: Can It Maintain Traction?→

Historical Trends Put Bitcoin At $400,000 With Shocking Timeline

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Based on historical trend patterns, a crypto analyst has forecasted that Bitcoin could hit a staggering peak of $400,000. This ambitious price target would require Bitcoin to jump over 6X its current price, marking a historical milestone, as the cryptocurrency’s market capitalization would surpass $7 trillion.  Bitcoin Power Law Points To $400,000 Increase Bitcoin’s price… Continue reading Historical Trends Put Bitcoin At $400,000 With Shocking Timeline→