Tag Archives: bitcoin price

Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important

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The Bitcoin recent foray into $70,000 price territory has again become a hot topic among investors, with many looking at a positive price outlook. As a result of this fascinating price action, the vast majority of long-term holders have seen their holdings cross into profit zone. Particularly, the positive outlook seems to be positive among… Continue reading Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important→

Buy Now, Crypto Bull Market Returns, Says Arthur Hayes

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In a new essay titled “Group of Fools,” Arthur Hayes, the outspoken co-founder of crypto exchange BitMEX, casts a critical eye over recent macroeconomic developments and their implications for the crypto market. Hayes, known for his direct and often provocative commentary, employs a blend of technical analysis, central banking critique, and currency market insights to… Continue reading Buy Now, Crypto Bull Market Returns, Says Arthur Hayes→

Bitcoin Dips Again: Temporary Setback or Buying Opportunity?

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Bitcoin price started a downside correction from the $71,650 resistance zone. BTC is now consolidating and might correct toward the $69,500 support. Bitcoin struggled above $71,500 and started a downside correction. The price is trading above $70,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with… Continue reading Bitcoin Dips Again: Temporary Setback or Buying Opportunity?→

Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?

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Bitcoin long-term holders are back in profit following the flagship crypto’s recent price surge. However, the same can’t be said for most short-term holders yet, given the levels at which they purchased their Bitcoin holdings.  Only 0.03% Of Long-term Bitcoin Holder Supply In Loss In a recent market report, on-chain analytics platform Glassnode claimed that… Continue reading Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?→

Bitcoin Approaching All-Time Highs: Why Is Retail Interest Rapidly Declining?

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Bitcoin is in an uptrend and will likely breach the all-important liquidation line at $72,000. At the spot rate, the coin is up approximately 25% from May lows and may rally, even breaking all-time highs of $73,800. Retail Interest In Bitcoin Falling Even As Prices Approach All-Time Highs Even as Bitcoin prints impressive higher highs,… Continue reading Bitcoin Approaching All-Time Highs: Why Is Retail Interest Rapidly Declining?→

Is The Bitcoin Price Manipulated? Experts Explain ‘Small’ Impact Of ETF Inflows

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The US spot Bitcoin Exchange-Traded Funds (ETFs) have been witnessing a historic run of inflows, marking 17 consecutive days of net additions. On a particularly notable Tuesday, these ETFs observed inflows totaling a staggering $886.6 million, ranking it as the second-highest single-day influx since their introduction. This was followed by another significant day of inflows… Continue reading Is The Bitcoin Price Manipulated? Experts Explain ‘Small’ Impact Of ETF Inflows→

Bitcoin Price Gradually Climbs: Steady Ascent Points to Bullish Momentum

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Bitcoin price started a decent increase above the $70,500 resistance. BTC is showing positive signs and might gain bullish momentum above the $72,000 resistance in the near term. Bitcoin extended its increase above the $70,000 and $70,500 resistance levels. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a… Continue reading Bitcoin Price Gradually Climbs: Steady Ascent Points to Bullish Momentum→

Bitcoin Will Explode If Bulls Break The “Fuse” At $72,000

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Bitcoin’s price has risen roughly 2% in the past 24 hours, trending above $70,000, a psychological level. As bulls prepare for more gains, Willy Woo, an on-chain analyst, believes the coin could soar even higher after breaking above the all-important resistance level at $72,000. Will Bitcoin Soar To $75,000 Due To A Short Squeeze? Even… Continue reading Bitcoin Will Explode If Bulls Break The “Fuse” At $72,000→

Bitcoin, Ethereum, Solana Over 150% Annual Gains Leave The Stock Market, Gold In The Dust

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Despite the relative tepid movement in the crypto market since Bitcoin hit a new all-time high (ATH) in March, Bitcoin, Ethereum, and Solana have continued to top traditional assets, including Gold. This was highlighted in a recent report that showed how crypto assets have provided the best returns for a while now.  Bitcoin, Ethereum, And… Continue reading Bitcoin, Ethereum, Solana Over 150% Annual Gains Leave The Stock Market, Gold In The Dust→

Bitcoin Price Soars Past $71,000: Here’s Why

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Bitcoin has surged 2.9% in the last 24 hours, reaching a high of $71,166 on Binance today, marking the highest price since May 21. This rally appears to be primarily fueled by robust inflows into US spot Bitcoin ETFs, with the sector experiencing its 16th consecutive day of net inflows. Why Is The Bitcoin Price… Continue reading Bitcoin Price Soars Past $71,000: Here’s Why→