Mt. Gox’s Bitcoin Dump: How Will The $9 Billion Sell-Off Affect BTC’s Price?

Defunct Bitcoin exchange Mt. Gox has finally announced the final date to begin refunding Bitcoin and Bitcoin Cash (BCH) to affected customers, starting as early as this week.  This eagerly awaited announcement has raised concerns within the cryptocurrency community regarding the potential contribution of these customers to ongoing selling pressure in the Bitcoin market.  Experts… Continue reading Mt. Gox’s Bitcoin Dump: How Will The $9 Billion Sell-Off Affect BTC’s Price?

Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price

Bitcoin looks like it’s starting to kick off the week on the right foot, suggesting the end of the correction that lingered throughout June. While investors continue to ponder on Bitcoin’s price trajectory in July, on-chain data, price history, and strategic transactions point to a bullish July. Despite the short-term volatility, many investors remain bullish… Continue reading Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price

Bitcoin Price Blasts Past $63,000: Top 3 Reasons

Over this past weekend, Bitcoin (BTC) experienced a significant rally, pushing its price above $63,000—an increase of 5.6% since hitting a low below $60,000 on Friday. This unexpected surge occurred despite a lack of major news triggers, leading to speculations and analyses concerning the underlying causes. Here’s a deep dive into three key factors that… Continue reading Bitcoin Price Blasts Past $63,000: Top 3 Reasons

Bitcoin Price Spikes 5%, Can BTC Bulls Take Back Control?

Bitcoin price is up nearly 5% and there was a move above $62,500. BTC is now testing the $63,500 resistance zone with a positive angle. Bitcoin started a decent increase above the $62,200 and $62,400 levels. The price is trading above $62,500 and the 100 hourly Simple moving average. There was a break above a… Continue reading Bitcoin Price Spikes 5%, Can BTC Bulls Take Back Control?

14,000 BTC Transferred To Exchanges In Four Days – Worrying Trend For Bitcoin Price?

Recent on-chain data shows that substantial amounts of Bitcoin have made their way to centralized exchanges in the last few days. How could this impact the Bitcoin price? Bitcoin Price To Face Further Selling Pressure? In a new post on the X platform, prominent crypto analyst Ali Martinez revealed that Bitcoin investors have been transferring… Continue reading 14,000 BTC Transferred To Exchanges In Four Days – Worrying Trend For Bitcoin Price?

Analyst Identifies Bitcoin Liquidity Pools You Should Be Aware Of Going Into July

Crypto analyst Zen has released a critical assessment of different scenarios to expect for the Bitcoin price in July. Bitcoin’s price performance in June has undoubtedly left many investors disappointed. This is because the cryptocurrency virtually traded on a decline throughout the month, even falling below $60,000 at some point. While the unfavorable price continues… Continue reading Analyst Identifies Bitcoin Liquidity Pools You Should Be Aware Of Going Into July

Is The Bitcoin Price Correction Over? Here’s The Support Level To Watch

The Bitcoin price suffered significant bearish pressure over the past week, dragging down alongside it a large portion of the general crypto market. The premier cryptocurrency tumbled as low as $59,500 at some point in the week — its lowest in nearly two months. While investors will be hoping that the worst is over, it… Continue reading Is The Bitcoin Price Correction Over? Here’s The Support Level To Watch

Is The Bitcoin Bottom In? Crypto Expert Predicts Bullish Price Reversal

A crypto expert has predicted a Bitcoin’s price may have bottomed in, potentially signaling the start of market stabilization after a prolonged downturn. Bitcoin Price Reversal On The Horizon Crypto expert and Bitcoin analyst, Willy Woo has taken to X (formerly Twitter) to shed light on Bitcoin’s current price performance and its future outlook as… Continue reading Is The Bitcoin Bottom In? Crypto Expert Predicts Bullish Price Reversal

Analyst Warns Of Bitcoin Breakdown Below Key Psychological Level, Says $40,000 Is Possible

Bitcoin is at a crossroads after getting rejected at $62,000. Unsurprisingly, this has led to clashing sentiment in the market, with the bulls and bears engaged in an intense tug of war. But while bulls remains vocal, the bears have come out of the woodwork, leading to speculations that the price might actually be going… Continue reading Analyst Warns Of Bitcoin Breakdown Below Key Psychological Level, Says $40,000 Is Possible

Will Bitcoin Continue Dumping? This Analyst Thinks So, Here’s Why

Bitcoin is consolidating, struggling for gains, and looking at price action in the daily chart. Even with the rejection of lower prices, the coin has yet to follow through, decisively reversing losses of June 24. Should Bitcoin Traders Brace For More Losses? In light of this, one analyst on X thinks there could be more… Continue reading Will Bitcoin Continue Dumping? This Analyst Thinks So, Here’s Why