Tag Archives: bitcoin technical analysis

Bitcoin Braces For 10-20% Crash, Top Analyst Cites 90% Chance Of Pullback

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Bitcoin (BTC), the largest cryptocurrency on the market, has again taken the lead in the crypto landscape. However, this time it comes with a sense of caution among investors triggered by macroeconomic data, particularly from the United States.  In addition, the resulting outflows of over $600 million from the primary market of the digital asset… Continue reading Bitcoin Braces For 10-20% Crash, Top Analyst Cites 90% Chance Of Pullback→

Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath

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The cryptocurrency market has been experiencing a significant downturn, with Bitcoin leading the way by retracing to the $65,000 mark after failing to retest its all-time high of $73,700 reached in March.  Market expert Michael van de Poppe has shed light on the reasons behind this ongoing bloodbath, highlighting several key factors that have contributed… Continue reading Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath→

Crypto King Reclaims Throne: Bitcoin Soars To $71,000, How Much Higher Can It Go?

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Bitcoin (BTC), the largest cryptocurrency in the market, has once again surged past the significant milestone of $70,000. After a brief period of consolidation between $67,000 and $69,000, the price faced strong resistance at this level.  However, the bullish momentum suggests that Bitcoin may consolidate above $70,000, paving the way for a potential retest of… Continue reading Crypto King Reclaims Throne: Bitcoin Soars To $71,000, How Much Higher Can It Go?→

Mt. Gox Bitcoin Transfer: CryptoQuant Analyzes Potential Market Effects Of The $9.4B Movement

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Mt. Gox, the defunct Bitcoin (BTC) exchange that suffered a major collapse in 2014 has recently initiated payout distribution to creditors waiting for it.  The release of a substantial amount of BTC, equivalent to $9.4 billion, on May 27th has raised concerns about potential market liquidity and price stability. In response, the on-chain market intelligence… Continue reading Mt. Gox Bitcoin Transfer: CryptoQuant Analyzes Potential Market Effects Of The $9.4B Movement→

Bullish Outlook: Target Price Of $90,000 For Bitcoin By Year’s End, According To Bernstein

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Bitcoin (BTC), the largest cryptocurrency in the market, has experienced price volatility amid its struggle to consolidate above the crucial $70,000 resistance line. Recent reports of the collapsed Mt.Gox exchange processing payouts to its creditors have added to the cautious sentiment.  However, wealth management firm Bernstein remains bullish, predicting significant growth in the Bitcoin ETF… Continue reading Bullish Outlook: Target Price Of $90,000 For Bitcoin By Year’s End, According To Bernstein→

Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3%

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The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after experiencing a brief 20% price correction that sent it as low as $56,400 in early May.  This consolidation period comes as inflows into the US spot Bitcoin ETF market have reignited, and selling pressure appears to… Continue reading Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3%→

Bitcoin Seen Breaching $73,000 As ‘Bull Run’ Looms, Analyst Says

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After a two-month breather near its all-time high, Bitcoin (BTC) appears ready to unleash another haymaker, according to crypto analyst Axel Adler. Adler predicts a 300-day bull run fueled by healthy short-term holder profits and a market with plenty of fight left in it. Profitable Punches And Room For More Adler throws down the gauntlet… Continue reading Bitcoin Seen Breaching $73,000 As ‘Bull Run’ Looms, Analyst Says→

Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000

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After enduring a significant 20% price correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a strong comeback. It has broken above the key $66,000 resistance level and turned it into a new support zone. BTC Bounces Back… Continue reading Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000→

Bitcoin Boom: Price Explodes Past $67,000 As Investor Confidence Returns

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The cryptocurrency market has been shaken by turbulence over the past year, but Bitcoin is now staging a remarkable comeback, breaking past the $67,000 mark for the first time since late 2023. This unexpected surge has electrified the Bitcoin community, sparking widespread optimism and a sense of renewed hope among investors. Confidence In Bitcoin High… Continue reading Bitcoin Boom: Price Explodes Past $67,000 As Investor Confidence Returns→

Crypto Expert Willy Woo Predicts Bitcoin Has Room To Run – Here Are The Drivers

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flagship crypto at higher prices.  Bitcoin Still Has “A Lot Of Room To Run” Woo mentioned in an X (formerly Twitter) post that Bitcoin still has a lot of room to run before the flagship crypto experiences a reversal or consolidation. To support his bullish sentiment, he shared a chart highlighting Bitcoin VWAP (Volume-Weighted Average… Continue reading Crypto Expert Willy Woo Predicts Bitcoin Has Room To Run – Here Are The Drivers→