Tag Archives: bitcoin price

Analyst Says Bitcoin Price Is Headed To $90,000, Here’s Why

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Bitcoin is now at a critical junction, which many determine its price trajectory for the rest of the year. The crypto has managed to return into $60,000 territory after dropping down to $56,000 for the first time since April. Some analysts are of the notion that the Bitcoin bulls haven’t actually started on their momentum… Continue reading Analyst Says Bitcoin Price Is Headed To $90,000, Here’s Why→

Bitcoin Back Above $63,000: Will FOMO Fuel Another Rally Or Lead To A Bust?

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The Bitcoin price made a strong comeback on Friday after witnessing a significant amount of bearish pressure throughout the past week. On Wednesday, May 1, the premier cryptocurrency fell below the $60,000 mark for the first time in almost two months. On Friday, May 3, the price of BTC recovered above the $60,000 level, going… Continue reading Bitcoin Back Above $63,000: Will FOMO Fuel Another Rally Or Lead To A Bust?→

Bitcoin Price Surges Towards $61,000, Eyeing Potential Breakout To $67-$68k Range

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Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a notable resurgence in its bullish momentum, with the Bitcoin price reclaiming the crucial $61,000 threshold.  This recovery follows a week-long downtrend that led to a 20% drop to $56,000 on Wednesday. As the bullish momentum returns, the possibility of further testing upper resistance levels… Continue reading Bitcoin Price Surges Towards $61,000, Eyeing Potential Breakout To $67-$68k Range→

Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon

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Crypto expert Michaël van de Poppe has made a bullish case for Bitcoin as he alluded to macroeconomic factors that could soon play out in the flagship crypto’s favor. In line with this, he urged Bitcoin investors to take action with a parabolic surge on the horizon.  An Imminent Quantitative Easing Would Be Good For… Continue reading Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon→

Bitcoin Bottom In? Retracement From $73,800 Is Deeper And Took Longer To Form

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Some analysts were frightened by the recent drop in Bitcoin prices. Though the coin is showing signs of strength, multiple leveraged longs were liquidated early this week. In a post on X, one analyst thinks Bitcoin might have just found support, bottoming up after the contraction this week, pushing it lower from the multi-week range established in… Continue reading Bitcoin Bottom In? Retracement From $73,800 Is Deeper And Took Longer To Form→

Standard Chartered Bank Analysts Sound Warning Alarm: Bitcoin Price Can Still Drop To $50,000

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Leading international cross border bank, Standard Chartered has predicted steep price declines for Bitcoin, foreseeing a pessimistic future outlook for the pioneer cryptocurrency amidst broader market downturn. Bitcoin Could Plummet To $50,000 As of writing the price of Bitcoin is trading above $59,000, according to CoinMarketCap. The cryptocurrency has been Bitcoin halving on April 20,… Continue reading Standard Chartered Bank Analysts Sound Warning Alarm: Bitcoin Price Can Still Drop To $50,000→

Buy Crypto In May, Go Away: Arthur Hayes Shares His Top Altcoin Picks

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In his most recent publication dated May 2, 2024, Arthur Hayes, the founder of exchange BitMEX, shared his insights into the crypto market’s recent tumultuous behavior and the broader macroeconomic signals shaping potential future trends. Titled “Mayday,” his essay directly addresses the crypto market, which has experienced significant volatility since mid-April. Stealth Money Printing Is… Continue reading Buy Crypto In May, Go Away: Arthur Hayes Shares His Top Altcoin Picks→

Bitcoin Price Recovery Could Face Many Hurdles Near $60K, Here’s Why

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Bitcoin price found support near the $56,350 zone. BTC is recovering higher, but the bears might be active near the $60,000 resistance zone. Bitcoin is attempting a recovery wave from the $56,350 support zone. The price is trading below $60,000 and the 100 hourly Simple moving average. There was a break above a key bearish… Continue reading Bitcoin Price Recovery Could Face Many Hurdles Near $60K, Here’s Why→

Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?

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As Bitcoin slumps, on-chain data by Ki Young Ju, the founder of the blockchain analytics platform CryptoQuant, paints a stark picture: all new whales, including holders of spot exchange-traded funds (ETFs), are now underwater.  New Whales And Spot ETF Investors Are In Red Taking to X, Ju said that more losses would be incoming, predicting that… Continue reading Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?→

Crypto Analyst Says Bitcoin Must Hold Above $51,800 As ETF Outflows Trigger Crash

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The Bitcoin price continues to trend below $60,000 as a 20% decline triggered a brutal market-wide crash. This has exposed multiple critical support points for the cryptocurrency, some of which the price has already fallen below. In light of this, a crypto analyst known as Norok has revealed the level the BTC price must not… Continue reading Crypto Analyst Says Bitcoin Must Hold Above $51,800 As ETF Outflows Trigger Crash→