Tag Archives: Bitcoin

Bitcoin Consolidates After Recent Surge – Metrics Reveal Moderate Selling Pressure

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Bitcoin has reached a new all-time high of $90,243 following a week of relentless upward momentum. After days marked by euphoria and rapid gains, the price is now entering a consolidation phase, providing a much-needed pause for the market.  Key data from CryptoQuant indicates moderate selling pressure is emerging, which may signal a brief pullback… Continue reading Bitcoin Consolidates After Recent Surge – Metrics Reveal Moderate Selling Pressure→

Analyst Warns Of 10% Bitcoin Price Drop Ahead Of CPI Data

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Recently, there have been significant fluctuations in the prices of Bitcoin; presently, they oscillate between $87,000-$87,500. This may not be eye candy to investors who are currently on the sidelines waiting for the coin to hit $90k, particularly the release of CPI data set today, November 13. This news is perceived by analysts to have… Continue reading Analyst Warns Of 10% Bitcoin Price Drop Ahead Of CPI Data→

Bitcoin Price Pauses at $90K: Is This a Breather Before the Next Move?

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Bitcoin price extended gains above $88,000. BTC is now consolidating gains near $90,000 and might see a minor decline in the near term. Bitcoin extended its increase and traded above the $88,000 zone. The price is trading above $86,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with… Continue reading Bitcoin Price Pauses at $90K: Is This a Breather Before the Next Move?→

Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues

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Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March all-time high (ATH), recording a new high nearly every day for the last seven days. Bitfinex analysts noted that the market remains “relatively stable” despite increased speculative activity. Bitcoin ‘Fair Value’ Priced… Continue reading Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues→

Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?

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Bitcoin has been on a major upward trajectory, recently hitting an all-time high (ATH) of above $89,000. As this milestone was crossed, a notable trend emerged with short-term holders transferring their holdings to major exchanges, particularly Binance. According to CryptoQuant analyst Joao Wedson, this behavior suggests that investors with shorter time horizons may be positioning… Continue reading Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?→

Ethereum Spot ETFs Attract Record $295 Million Daily Inflows – Is ETH Set For New Highs?

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Ethereum (ETH) appears to be finally waking from its slumber, surging nearly 37% in the past week following Bitcoin’s (BTC) all-time-high (ATH) rally. Spot Ethereum ETFs Record Daily Inflows Ethereum, the second-largest cryptocurrency with a market cap of approximately $404 billion, is now gaining ground on BTC, with the platform’s ETH token jumping more than… Continue reading Ethereum Spot ETFs Attract Record $295 Million Daily Inflows – Is ETH Set For New Highs?→

Bitcoin Weekly RSI Entering Power Zone – Last Time BTC Soared 80%

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Bitcoin experienced an explosive surge yesterday, with bulls driving the price to a new all-time high (gain) at $89,980. This relentless uptrend highlights growing optimism among investors as Bitcoin continues to break new ground.  Renowned trader and analyst Cheds recently shared a compelling technical insight, noting that Bitcoin’s weekly Relative Strength Index (RSI) is nearing… Continue reading Bitcoin Weekly RSI Entering Power Zone – Last Time BTC Soared 80%→

Bitcoin Price Prediction: Analyst Sets $320,000 Target As Wave 5 Begins

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The Bitcoin price has finally broken out of resistance and is on a journey to the $320,000 threshold, according to a crypto analyst. Notably, the Bitcoin price has now returned into a full bullish sentiment, with the crypto fear and greed index now pointing to extreme greed. In a recent technical analysis, crypto analyst Gert… Continue reading Bitcoin Price Prediction: Analyst Sets $320,000 Target As Wave 5 Begins→

BitMEX Founder Predicts How Bitcoin Goes To $1 Million Under Trump

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In his latest essay titled “Black or White?”Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, lays out an analysis predicting that Bitcoin could soar to $1 million. Hayes argues that forthcoming US economic policies under the second term of Donald Trump could set the stage for unprecedented Bitcoin growth. Hayes draws parallels between… Continue reading BitMEX Founder Predicts How Bitcoin Goes To $1 Million Under Trump→

Bitcoin Price Gains 10%: Is The $100K Dream Closer Than Ever?

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Bitcoin price is up over 10% and trading above $86,000. BTC is showing no signs of stopping and might aim for a move toward $100,000 in the near term. Bitcoin started a fresh surge above the $82,500 zone. The price is trading above $85,000 and the 100 hourly Simple moving average. There is a connecting… Continue reading Bitcoin Price Gains 10%: Is The $100K Dream Closer Than Ever?→