Tag Archives: BTC news

Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer

Posted on by — No Comments ↓

Bitcoin is starting to inch closer toward $110,000 again, recently pushing to an intraday high of $108,116 and now steadily trading above $107,000. Despite the retracement below $99,000 in the past week, Bitcoin’s current price action shows that the broader market is still bullish.  Notably, the recent price action in the past 24 hours is… Continue reading Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer→

Extended Wave 5 Scenario Puts Bitcoin Price Above $300,000 With Step-Like Structure In Place

Posted on by — No Comments ↓

The Bitcoin price could be entering the final and most explosive phase of its current market cycle, as an analyst maps out the cryptocurrency’s next movements onto a parabolic step-like structure. Reinforcing this bullish outlook is the Elliott Wave 5 count, which points to an epic price rally that could propel Bitcoin above $300,000, eclipsing… Continue reading Extended Wave 5 Scenario Puts Bitcoin Price Above $300,000 With Step-Like Structure In Place→

Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align

Posted on by — No Comments ↓

The macroeconomic factors appear to be setting the stage for Bitcoin’s next explosive move. Ceasefire And Rate Cut Buzz Fuel Bitcoin Price Optimism  Over the weekend, the Bitcoin price briefly slipped, triggering over $200 million in leveraged long liquidations. However, this dip proved short-lived as the flagship cryptocurrency rebounded swiftly above $100,000 following US President… Continue reading Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align→

Global M2 Can’t Predict Bitcoin Price, Says Quant Analyst

Posted on by — No Comments ↓

Sina—co-founder of the hedge fund 21st Capital—publicly dismantled a popular Bitcoin price model promoted by Real Vision CEO Raoul Pal, calling it a textbook case of data illiteracy and overfitting. The model in question draws a close correlation between Bitcoin and Global M2—a measure of global money supply—by shifting M2 data forward by a set… Continue reading Global M2 Can’t Predict Bitcoin Price, Says Quant Analyst→

Bitcoin Price Crash Below $100,000: Pundit Reveals Next Area Of Action To Start Buying

Posted on by — No Comments ↓

After the Bitcoin price breakdown below $100,000 over the weekend, multiple new narratives have emerged for where the digital asset may be headed. Calls for the next Bitcoin bear market continue to ring loud as analysts predict lower prices. One crypto analyst, known on X as Astronomer, has taken to the platform to give investors… Continue reading Bitcoin Price Crash Below $100,000: Pundit Reveals Next Area Of Action To Start Buying→

Fast-Tracking A Bitcoin Rally: Expert Identifies 3 Bullish Catalysts

Posted on by — No Comments ↓

The cryptocurrency market is currently experiencing heightened volatility, particularly with Bitcoin (BTC) fluctuating dramatically. Recently, the price dipped below $99,000 before rebounding to over $106,000 within a span of just 24 hours. Bullish Bitcoin Setup Amid Geopolitical Tensions In a recent post on social media platform X (formerly Twitter), analyst Cyclop suggested that despite the… Continue reading Fast-Tracking A Bitcoin Rally: Expert Identifies 3 Bullish Catalysts→

Trump’s Truth Social Officialy Files For Bitcoin And Ethereum ETFs With NYSE

Posted on by — No Comments ↓

Trump Media and Technology Group Corp (TMTG) has officially filed for its second crypto exchange-traded fund (ETF), focusing on Bitcoin (BTC) and Ethereum (ETH), as detailed in a recent filing to the Securities and Exchange Commission (SEC).  Trump Media Files For Second Crypto ETF If the SEC approves this new investment product, it will trade… Continue reading Trump’s Truth Social Officialy Files For Bitcoin And Ethereum ETFs With NYSE→

Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next?

Posted on by — No Comments ↓

Bitcoin (BTC) has been facing significant volatility and downward pressure lately. However, analysts warn that the downtrend may not be over yet, as projections point to a deeper price crash toward $94,000 soon. According to Bitcoin’s Elliott Wave count, the cryptocurrency is currently in a vulnerable phase that may trigger more losses, despite the market’s… Continue reading Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next?→

CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin?

Posted on by — No Comments ↓

The Bitcoin market has been marked by notable volatility recently, with prices fluctuating significantly, dropping close to the $98,400 level before rebounding above $105,000 on Monday.  Potential 12% Retrace To $92,000 Technical analyst Doctor Profit recently shared key notes on the social media platform X (formerly Twitter), indicating that a substantial Chicago Mercantile Exchange (CME)… Continue reading CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin?→

Bitcoin Repeats Its 2021 Pattern—Analyst Warns Final Crash Still Ahead

Posted on by — No Comments ↓

Bitcoin rallied above $105,000 in mid-morning European trading on Tuesday, clawing back losses sustained over the weekend after dipping below six figures for the first time since May. Yet the respite may prove fleeting, says veteran technician Quantum Ascend (@quantum_ascend). Bitcoin Price Mirrors 2021 On side-by-side charts of the current cycle and the 2021-to-2024 arc,… Continue reading Bitcoin Repeats Its 2021 Pattern—Analyst Warns Final Crash Still Ahead→