Tag Archives: bitcoin price

Massive Bitcoin Rally Predicted For Next 6 Months After Fed Rate Cut

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As the crypto community awaits the Federal Reserve’s (Fed) rate cut announcement on September 18, the stakes are high for Bitcoin (BTC) and the broader financial landscape. This upcoming decision marks the first central bank rate cut since the Fed slashed its key rate to near zero in March 2020 amid the COVID-19 pandemic.  Will A… Continue reading Massive Bitcoin Rally Predicted For Next 6 Months After Fed Rate Cut→

Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On?

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Crypto analyst Ali Martinez has revealed the bearish sentiment among Binance’s top traders towards Bitcoin. This development suggests that the flagship crypto might soon experience significant downward pressure.  Binance Top Traders Are Shorting BTC Martinez revealed in an X (formerly Twitter) post that 51.41% of the top traders on Binance are shorting Bitcoin. This indicates… Continue reading Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On?→

Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip?

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Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming… Continue reading Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip?→

Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming

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As Bitcoin (BTC) grapples with a challenging market environment, it has struggled to regain momentum, hovering around the $53,000 and $60,000 levels for six consecutive weeks.  After losing the crucial $70,000 threshold on August 1, the largest cryptocurrency remains at risk of further declines, particularly with the upcoming Federal Reserve (Fed) meeting on September 18,… Continue reading Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming→

Crypto Trends To Watch: Analyst Details 10 Reasons That Could Lead To Massive Q4 Gains

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As the crypto market grapples with significant volatility and uncertainty, expert analyst Miles Deutscher has outlined ten reasons to be optimistic about the year’s fourth quarter (Q4). With Q4 fast approaching, Deutscher emphasizes that a monumental market shift could catch many investors off guard. Trends And Factors That Could Impact The Crypto Market In a… Continue reading Crypto Trends To Watch: Analyst Details 10 Reasons That Could Lead To Massive Q4 Gains→

Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next?

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Investors are once again accumulating Bitcoin (BTC) despite previous price declines. Reports indicate that approximately $1.3 billion worth of Bitcoin has been withdrawn from various crypto exchanges, signaling a renewed interest and confidence in the leading cryptocurrency.  Bitcoin Accumulation Frenzy Resumes Data from IntoTheBlock has revealed a new accumulation trend amongst Bitcoin investors. According to… Continue reading Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next?→

Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why

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Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn’t be sad about such a massive price decline for the flagship crypto.  Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter)… Continue reading Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why→

Bitcoin Price Flashes Downside Break: Will Bears Take Over?

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Bitcoin price failed to clear the $60,650 resistance. BTC is now correcting gains and might decline toward the $57,500 support zone. Bitcoin is correcting gains and trading well below the $60,000 level. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend line… Continue reading Bitcoin Price Flashes Downside Break: Will Bears Take Over?→

On-Chain Data Suggests Bitcoin Price Trend Reversal Is Yet To Occur — What’s Happening?

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The price of Bitcoin (BTC) ended the week on a good note after making a late rally on Friday, September 13. This recent price upswing has led to talks about the Bitcoin price making a comeback following a horrendous start to September. Interestingly, the latest on-chain data suggests that the ongoing price recovery might not… Continue reading On-Chain Data Suggests Bitcoin Price Trend Reversal Is Yet To Occur — What’s Happening?→

3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000

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Crypto analyst Jelle has highlighted a bullish pattern that has been forming on the Bitcoin chart for the last three years. The analyst suggested that it could soon be time for the pattern to play out, with a price target of $100,000 and above in sight if it does.  3-Year Cup And Handle Pattern Could… Continue reading 3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000→