Tag Archives: btc price

Bitcoin Price To Return Above $63,000? Here’s What Needs To Happen

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The Bitcoin price has shown good signs of recovery over the past seven days, returning above $58,000 to end the week. Interestingly, a prominent crypto analyst on X has identified a chart formation signaling a potential continuation of this resurgence by the premier cryptocurrency. Bitcoin Price Prints This Chart Pattern — What Next? In a… Continue reading Bitcoin Price To Return Above $63,000? Here’s What Needs To Happen→

Bullish Bitcoin Indicator Which Led To A Reversal Has Returned, Is $70,000 Possible?

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Jamie Coutts, the chief crypto analyst at Real Vision, has highlighted an indicator that paints a bullish picture for Bitcoin (BTC). Based on this indicator, the crypto analyst suggested that a reversal might already be on the horizon for the flagship crypto.  Bitcoin Hashrate Decline Is Slowing Coutts mentioned in an X (formerly Twitter) post… Continue reading Bullish Bitcoin Indicator Which Led To A Reversal Has Returned, Is $70,000 Possible?→

Bitcoin Price Trajectory Remains Bearish, $49,000 Liquidity Zone Looms As Next Downside Target

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The Bitcoin price has recently shown signs of recovery, climbing back to the $58,000 level after hitting a five-month low of $53,500. However, technical analysis suggests that the digital asset may struggle to surpass crucial indicators, potentially revisiting lower price levels.  In a recent post on social media platform X (formerly Twitter), market expert Jackis… Continue reading Bitcoin Price Trajectory Remains Bearish, $49,000 Liquidity Zone Looms As Next Downside Target→

Crypto Analyst Predicts Bitcoin Decline From Here, But What Happens Next?

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The Bitcoin price has crashed back toward the $56,000 level after a brief pump triggered by the CPI data release on Thursday, showing that inflation rates came out at 3%, lower than expected. This bearish trend has continued despite desperate attempts from bulls to keep the price up. Even then, one crypto analyst does not… Continue reading Crypto Analyst Predicts Bitcoin Decline From Here, But What Happens Next?→

Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle

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In March, Bitcoin hit an all-time high above $73,000, sparking debates amongst market watchers and analysts about whether the cryptocurrency  has hit its top this cycle. However, a crypto analyst has provided an in-depth analysis of Bitcoin’s recent price movements and future outlook, suggesting that the pioneer cryptocurrency still has substantial upside momentum ahead.  Analyst… Continue reading Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle→

Germany Liquidates Over 90% Of Bitcoin Holdings, Retains Only $284 Million

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After a month-long period of increased selling pressure, the German government has nearly exhausted its Bitcoin treasury, selling over 90% of its BTC seized in January in the country’s largest Bitcoin seizure, worth over $2.1 billion.  With less than $300 million worth of BTC remaining, this signals the end of a significant sell-off period, with… Continue reading Germany Liquidates Over 90% Of Bitcoin Holdings, Retains Only $284 Million→

Bitcoin Falls Out Of Step With US Equities, What This Could Mean For The Crypto Market

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Recent data shows that Bitcoin has completely detached from US stocks. This is significant considering how the flagship crypto and these stocks had a positive correlation before now, which undoubtedly positively impacted Bitcoin and the broader crypto market. Bitcoin Has No Correlation With US Stocks Data from the market intelligence platform IntoTheBlock shows that Bitcoin’s… Continue reading Bitcoin Falls Out Of Step With US Equities, What This Could Mean For The Crypto Market→

Economist Predicts 90% Chance Bitcoin Hits New High By March 2025

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In a forecast issued via X on Friday, Timothy Peterson, a respected network economist and prominent author in the field of crypto analytics, predicted a near-certain rise of the Bitcoin price in the upcoming 8 months. “There’s a 90% chance Bitcoin will reach a new ATH before March 2025,” Peterson proclaimed. Peterson, known for his… Continue reading Economist Predicts 90% Chance Bitcoin Hits New High By March 2025→

Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets

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The Bitcoin recovery has not been as impactful as expected, failing to break $60,000 even after a return of bullish momentum. Given this, expectations of a bearish reversal have become the norm as analysts do not believe that the pioneer cryptocurrency has enough steam to sustain the current momentum. One of the analysts who believe… Continue reading Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets→

Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins?

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A crypto analyst has predicted that altcoins to embark on a similar bullish trajectory to new highs.   Bitcoin Anticipated To Hit $100,000 In an X (formerly Twitter) post on June 8, a crypto analyst identified as ‘DonAlt,’ disclosed that he was more pessimistic on altcoins than Bitcoin, the world’s largest cryptocurrency. DonAlt believes that Bitcoin… Continue reading Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins?→