Tag Archives: bitcoin trading

Bitcoin Nears Key Breakout: Last Three 200-Day MA Crossings Triggered ‘Parabolic Bull Runs’

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After a brief dip below the $60,000 mark on October 10, Bitcoin (BTC) has regained momentum, inching closer to its all-time high (ATH) of $73,700, reached in March of this year.  This price recovery follows considerable volatility experienced by the largest cryptocurrency on the market throughout the year, with significant price swings, including sharp falls… Continue reading Bitcoin Nears Key Breakout: Last Three 200-Day MA Crossings Triggered ‘Parabolic Bull Runs’→

Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September

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Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday.  Although it fell short of its all-time peak of $73,700 in March, the strong performance in September has raised expectations for significant gains as the year draws close. Historical trends suggest that when Bitcoin… Continue reading Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September→

Analyst Sees Bitcoin Reaching $8 Trillion Market Cap: What Price Will This Surge Bring?

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Bitcoin (BTC) reached a two-month high of $66,500 last Friday, fueled by fresh market liquidity and renewed investor confidence in risk assets following the US Federal Reserve’s (Fed) interest rate cut on September 18.  However, one analyst predicts that the cryptocurrency’s market capitalization and price could grow significantly in the coming years if the current… Continue reading Analyst Sees Bitcoin Reaching $8 Trillion Market Cap: What Price Will This Surge Bring?→

Bitcoin Peaks At Highest Value In 2 Months Above $65,000: Bull Run Predictions

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For the first time in nearly two months, Bitcoin (BTC) has surpassed the $65,000 mark, marking a significant recovery following two notable downturns in August and September. During these crashes, Bitcoin experienced a steep decline of 20% on two separate occasions, specifically on August 5 and September 6.  However, as October approaches—a month often associated… Continue reading Bitcoin Peaks At Highest Value In 2 Months Above $65,000: Bull Run Predictions→

Bitcoin Capped Below $65,000 As RSI Falls Below 80 In Monthly Chart: Should You Worry?

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Bitcoin is firm at press time. According to CoinMarketCap data, the world’s most valuable coin is changing hands above $63,500, steady on the last day and up a decent 7% over the previous week of trading. Technically, the uptrend remains as long as prices stay above the support zone at around $58,000 and $60,000. Bitcoin… Continue reading Bitcoin Capped Below $65,000 As RSI Falls Below 80 In Monthly Chart: Should You Worry?→

A Record $21.77 Billion In Bitcoin Shorts Will Be Liquidated Once BTC Breaks $70,500

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Bitcoin is trending higher at spot rates, floating above $60,000 and confirming gains of September 13. From price action in the daily chart, buyers appear to be back in the picture. The confidence follows the United States Federal Reserve’s (Fed) decision to slash rates by 50 basis points on September 18. Over $21 Billion Of… Continue reading A Record $21.77 Billion In Bitcoin Shorts Will Be Liquidated Once BTC Breaks $70,500→

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

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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→

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

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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?

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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 Leveraged Positions Building Up: BTC To $50,000 Or $60,000?

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Bitcoin is firm at spot rates, looking at the development in the daily chart. Even so, the downtrend remains, and price action remains within a bearish breakout formation. This outlook follows the dump on September 7 that saw the world’s most valuable coin plunge, approaching the all-important round number, $50,000. Bitcoin Leveraged Positions Building Up… Continue reading Bitcoin Leveraged Positions Building Up: BTC To $50,000 Or $60,000?→