Tag Archives: bitcoin price

Bitcoin (BTC) On Track For ‘Strongest September Performance’, Is $90,000 Next?

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Bitcoin (BTC), the largest cryptocurrency by market capitalization, has led the market recovery with its surge to the $63,000 mark. Following the recent developments, the flagship cryptocurrency’s performance has seen an 8% weekly surge, driving BTC to one of its best September performances since its creation. Bitcoin Registers Sixth Green Daily Candle During the first… Continue reading Bitcoin (BTC) On Track For ‘Strongest September Performance’, Is $90,000 Next?→

Bitcoin Price Eases Off Highs: Will Gains Be Cut Further?

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Bitcoin price gained pace above the $63,500 resistance. BTC tested the $64,800 zone and is currently correcting gains. Bitcoin is correcting gains from the $64,800 zone. The price is trading below $63,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $63,240 on the hourly chart… Continue reading Bitcoin Price Eases Off Highs: Will Gains Be Cut Further?→

Bitcoin Jumps 22% Post-Fed Rate Cut, Yet Key Resistance Sparks Crash Fears – Bitfinex

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Bitcoin (BTC), the world’s largest cryptocurrency, has rallied over 22% in the past two weeks to trade at around $63,200, following a significant drop to $52,000 on September 6. This is the highest level BTC has reached in almost two months. Critical Resistance At $65,200 Looms According to a recent decision to cut interest rates,… Continue reading Bitcoin Jumps 22% Post-Fed Rate Cut, Yet Key Resistance Sparks Crash Fears – Bitfinex→

Bitcoin Could Reach $108,000 To $155,000 By 2024 End, Analyst Reveals Why

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An analyst has explained why Bitcoin could end the year 2024 inside the $108,000 to $155,000 range if history repeats for the asset. Bitcoin Performance Has Been Similar To Last Two Cycles So Far In a new cryptocurrency exchange FTX back in late 2022. Below is the chart shared by Van Straten, which shows how… Continue reading Bitcoin Could Reach $108,000 To $155,000 By 2024 End, Analyst Reveals Why→

Fed Rate Cuts Spurs $1.6 Billion Bitcoin Buying Spree Among Whales, Can BTC Reach $70,000?

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The Fed rate cuts have boosted the confidence of Bitcoin investors, with whales buying up to 1.6 billion BTC since the macro decision. With such a bullish outlook, there is the possibility that the flagship crypto can soon reach $70,000.  Fed Rate Cuts Prompt Buying Spree Among Bitcoin Whales The Fed rate cuts have prompted… Continue reading Fed Rate Cuts Spurs $1.6 Billion Bitcoin Buying Spree Among Whales, Can BTC Reach $70,000?→

Bitcoin Price Regains Strength: Is a New Rally Brewing?

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Bitcoin price gained pace above the $62,500 resistance. BTC even cleared the $63,200 level and is now consolidating gains above $63,500. Bitcoin is gaining pace above the $63,200 resistance zone. The price is trading above $63,400 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance… Continue reading Bitcoin Price Regains Strength: Is a New Rally Brewing?→

Bitcoin Whales Take Profit After Latest Price Jump — Here’s How Much They Sold

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The latest on-chain data shows that a particular class of Bitcoin investors has been selling for profit in the wake of the recent price rally. The question here is — how much did they sell and how much impact could it have on the Bitcoin price trajectory? Bitcoin Whales Dump 30,000 BTC In Four Days… Continue reading Bitcoin Whales Take Profit After Latest Price Jump — Here’s How Much They Sold→

Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell

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Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies.  Notably, this rally… Continue reading Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell→

Bitcoin Indicator Signals ‘Shift To Bullish Territory’ – Can BTC Break Past $65,000?

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Bitcoin has experienced a significant price surge since Tuesday, following the Federal Reserve’s announcement of a 50 bps interest rate cut. This move pushed BTC past the critical $62,000 mark, a psychological level that has become a turning point for investor sentiment. With Bitcoin now testing local supply, market participants are closely watching for further… Continue reading Bitcoin Indicator Signals ‘Shift To Bullish Territory’ – Can BTC Break Past $65,000?→

MicroStrategy’s Bitcoin Stash Exceeds 250,000 BTC Following Half-Billion Dollar Acquisition

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Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming higher-yielding securities. MicroStrategy Invests Additional $458 Million In BTC Of the funds raised, MicroStrategy allocated $458 million to purchase… Continue reading MicroStrategy’s Bitcoin Stash Exceeds 250,000 BTC Following Half-Billion Dollar Acquisition→