Tag Archives: bitcoin technical analysis

Bitcoin Price Rally Faces Key Resistance: Will Whale Shorts Trigger A Market Pullback?

Posted on by — No Comments ↓

As the broader cryptocurrency market experiences notable gains following the Federal Reserve’s rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning within the market. Divergence In Trader Strategies… Continue reading Bitcoin Price Rally Faces Key Resistance: Will Whale Shorts Trigger A Market Pullback?→

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

Posted on by — No Comments ↓

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→

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

Posted on by — No Comments ↓

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→

MicroStrategy’s Largest Bitcoin Order Since 2021: Purchases Additional $1.1 Billion

Posted on by — No Comments ↓

Business intelligence company MicroStrategy has made big headlines again with its latest acquisition of 18,300 Bitcoin, valued at approximately $1.11 billion.  The purchase, the largest by the company in over three years, was disclosed in a recent filing with the US Securities and Exchange Commission (SEC), which took place between August 6 and September 12,… Continue reading MicroStrategy’s Largest Bitcoin Order Since 2021: Purchases Additional $1.1 Billion→

Bitcoin Price Forecast: Trump Win Could Boost BTC To $125,000, Standard Chartered

Posted on by — No Comments ↓

Geoff Kendrick, the Head of Crypto Research at Standard Chartered Bank, has put forth bullish predictions regarding the Bitcoin price trajectory in the event of the 2024 US presidential election.  Bitcoin Price Predictions Soar According to a CNBC report, Kendrick posits that a potential re-election of Donald Trump could propel Bitcoin to a staggering $125,000… Continue reading Bitcoin Price Forecast: Trump Win Could Boost BTC To $125,000, Standard Chartered→

Bitcoin Shakeout Ahead: Analysts Predict Final Dip Before Bull Run Resumes

Posted on by — No Comments ↓

The Bitcoin market has seen some consolidation since Monday, maintaining a price above the $56,000 mark after a brief drop from $65,000 to around $52,600 last Friday.  However, one analyst suggests that the bearish sentiment may still be ongoing, with expectations of a potential revisit to lower levels before a significant upward movement. BTC’s Future… Continue reading Bitcoin Shakeout Ahead: Analysts Predict Final Dip Before Bull Run Resumes→

Michael Saylor Predicts Bitcoin Will Hit $13 Million, Reveals Expected Date

Posted on by — No Comments ↓

Michael Saylor, co-founder and Executive Chairman of the business intelligence firm MicroStrategy and a well-known Bitcoin advocate, recently reiterated his bullish stance on the leading cryptocurrency during an exclusive interview with CNBC on Monday. Saylor’s Bitcoin Price Forecast Saylor, recognized for steering his company towards significant BTC investments to capitalize on its continuous growth, projected… Continue reading Michael Saylor Predicts Bitcoin Will Hit $13 Million, Reveals Expected Date→

Bitcoin Support Retests Reflect September 2023 Patterns: Is Another Bull Run Coming?

Posted on by — No Comments ↓

Bitcoin has faced significant price fluctuations marked by a notable crash on August 5 that saw its value dip to $49,000. This was followed by a rebound to approximately $65,000, only to experience another decline to around $52,000 last Friday.  Despite these challenges, the largest cryptocurrency by market capitalization is undergoing crucial support retests, reminiscent… Continue reading Bitcoin Support Retests Reflect September 2023 Patterns: Is Another Bull Run Coming?→

Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000

Posted on by — No Comments ↓

On Friday, the cryptocurrency market’s Fear and Greed Index plummeted to “extreme fear,” reflecting growing anxiety among investors as the Bitcoin price dipped to a weekly low of $53,700.  This downturn marks a continuation of a broader sell-off that has plagued the market, particularly since Bitcoin struggled to maintain momentum above the critical $60,000 threshold.… Continue reading Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000→

Bitcoin Analyst Points To $55,000 As Potential Bottom – US Liquidity The Key

Posted on by — No Comments ↓

Bitcoin has been under intensified selling pressure since the start of the week, with the largest cryptocurrency experiencing a nearly 4% drop in value over the past seven days. This decline brought Bitcoin to a one-month low of $55,690 earlier on Wednesday, raising concerns among investors about its near-term trajectory. Could Fed Rate Cuts Drive… Continue reading Bitcoin Analyst Points To $55,000 As Potential Bottom – US Liquidity The Key→