Bitcoin Price Poised for Recovery: Will the Uptrend Resume?

Bitcoin price is consolidating above the $60,000 support. BTC seems to be eyeing a fresh increase above the $61,200 and $61,500 levels. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,750 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance… Continue reading Bitcoin Price Poised for Recovery: Will the Uptrend Resume?

Crypto Capo Returns After 2 Months To Predict Ethereum Decline To $1,800, Is It Time To Go Long?

Popular crypto analyst Il Capo of Crypto has returned to social media platform X after over two months of hiatus to drop an interesting outlook for Bitcoin and Ethereum in the coming months in light of the recent correction since the beginning of October. The analyst, which has been so big on a looming altseason… Continue reading Crypto Capo Returns After 2 Months To Predict Ethereum Decline To $1,800, Is It Time To Go Long?

Is Crypto Losing Steam? Bitcoin And Ethereum Addresses Shrink In 2024

The cryptocurrency market is presently experiencing a substantial decline, as both Bitcoin and Ethereum have experienced a substantial decrease in active addresses. This trend, which has persisted throughout 2024, has triggered apprehension regarding the future of these prominent cryptocurrencies. The implications for market dynamics could be profound as investor enthusiasm diminishes. Declining Active Addresses According… Continue reading Is Crypto Losing Steam? Bitcoin And Ethereum Addresses Shrink In 2024

Dogecoin On-Chain Spike Triggers 180% Price Rally Prediction—What’s Next?

Even with recent market corrections and geopolitical tensions, Dogecoin (DOGE) keeps seeing an uptick in both whales and retail investor activity. Data by Santiment reveals that whale transactions have hit new highs since June. Before the price peak of September 28, those major investors had controlled some 1,203 transactions worth more than $10 million. Such… Continue reading Dogecoin On-Chain Spike Triggers 180% Price Rally Prediction—What’s Next?

Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?

Veteran crypto trader Peter Brandt has stated that Bitcoin (BTC) is forming a ‘three blind mice’ pattern without confirming whether this is bullish or bearish for the flagship crypto. His statement has got the crypto community searching for answers as to what this pattern might mean for BTC.  Veteran Crypto Trader Says Bitcoin Has Formed… Continue reading Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?

Is This Bitcoin’s Last Big Drop? Expert Points To Key Indicator

In his latest video analysis titled “BITCOIN’S One Indicator Signaling LAST Major Dip,” Dan Gambardello, a noted crypto analyst with 370,000 subscribers on YouTube, delves into the latest price action of Bitcoin to forecast what could potentially be the final major dip. After dropping as low as $60,000 on Wednesday, the fear of another deeper… Continue reading Is This Bitcoin’s Last Big Drop? Expert Points To Key Indicator

What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number

Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn’t enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn’t reached the levels needed to confirm a bullish reversal. Bitcoin needs to break $71,000 first and then confirm that, says Brandt. And while he… Continue reading What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number

Crypto Market’s “Shallow Sell-Off” Indicative Of Strong Bid For Risk Assets: Trading Firm

Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted. The S&P 500… Continue reading Crypto Market’s “Shallow Sell-Off” Indicative Of Strong Bid For Risk Assets: Trading Firm

Analysts Unfazed By Bitcoin (BTC) Drop, But Should We Fear October 5?

Despite the green September close, Bitcoin (BTC) and the rest of the market faced another bloodbath as October started. The flagship crypto saw a 7% decline, fueling a bearish sentiment among investors. However, most analysts remain optimistic about BTC’s performance in the next three months. Is This The ‘Shakeout Before Breakout’? The market began the… Continue reading Analysts Unfazed By Bitcoin (BTC) Drop, But Should We Fear October 5?

Bitcoin Price Poised for a Fresh Rally, Unless This Level Breaks

Bitcoin price is consolidating above the $60,000 support. BTC could aim for a fresh increase unless there is a close below the $60,000 support. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a key bearish trend line with resistance at… Continue reading Bitcoin Price Poised for a Fresh Rally, Unless This Level Breaks