Tag Archives: btc

Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge

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Senator Cynthia Lummis, who leads the Senate Subcommittee on Digital Assets, says the US military backs a plan to create a Strategic Bitcoin Reserve. Jamie Dimon, the CEO of a major bank, recently called that plan a waste. Lummis pushed back. Lummis told Bloomberg the military thinks having Bitcoin on hand matters. She said it could… Continue reading Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge→

$63 Billion in Bitcoin Scooped Up by New Whales, Is $135K Still in Play?

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Bitcoin is so far facing a notable pullback in price, with its price now down roughly 5.8% from its all-time high recorded last month. At the time of writing, the asset currently trades at $105,062, marking a 1.1% decrease in the past day. Despite the pullback, on-chain data indicates a significant change in market behavior… Continue reading $63 Billion in Bitcoin Scooped Up by New Whales, Is $135K Still in Play?→

Bitcoin’s Key Investors Double Down, Buy Another 79,000 BTC

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On-chain data shows the large Bitcoin investors have added to their holdings in the past week, a sign that could be bullish for BTC’s price. Bitcoin Investors With 10 To 10,000 BTC Have Added To Their Holdings In a new Supply Distribution,” which tells us about the total number of tokens that a particular wallet… Continue reading Bitcoin’s Key Investors Double Down, Buy Another 79,000 BTC→

The Last Bitcoin Cycle? Swan Says History’s Turning

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Bitcoin is drifting just above $105,000 on June 5, its lowest realized volatility in almost two years, yet Swan, the Los-Angeles-based “Bitcoin-only” financial services firm, contends the market is on the verge of its most radical re-pricing ever. The Last Chance To Buy? In a X Michael Saylor, framing the hand-off from retail traders to… Continue reading The Last Bitcoin Cycle? Swan Says History’s Turning→

Certified Analyst Says Bitcoin Dominance Could Reverse At 64% – Is It Time For Altcoin Season?

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Bitcoin’s current price action is marked by a consolidation around the $105,500 price level. Although it reached an intraday high of $106,807, it has since returned to $105,500, and its dominance also witnessed a minor fall. Notably, Bitcoin’s dominance metric, the BTC.D, which measures its share of the total crypto market capitalization, has stalled around… Continue reading Certified Analyst Says Bitcoin Dominance Could Reverse At 64% – Is It Time For Altcoin Season?→

Bitcoin ATH Fails To Hype Retail—Demand Is Actually Down

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On-chain data shows the retail interest in Bitcoin has been waning as small-holder volume has gone down during the past month. Bitcoin Retail Investor Demand Has Seen A Negative 30-Day Change In a CryptoQuant Quicktake Retail Investor Demand” of Bitcoin. This indicator provides an estimate for, as its name suggests, the amount of demand that… Continue reading Bitcoin ATH Fails To Hype Retail—Demand Is Actually Down→

Bitcoin Price Crash Below $100,000 Still Possible: Analysts Issue Downtrend Warnings

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Despite the recent rally to a new all-time high (ATH) of $111,900, crypto analysts have warned that the Bitcoin price could still witness a massive crash that will send it below $100,000. These analysts highlighted fundamentals and technicals that could spark this price crash.  Analysts Highlight Why Bitcoin Price Could Still Crash Below $100,000 In… Continue reading Bitcoin Price Crash Below $100,000 Still Possible: Analysts Issue Downtrend Warnings→

Bitcoin Pauses Below $106K as Analyst Reveals Key Support Level To Watch

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Bitcoin’s price is still struggling to regain its upward momentum following the establishment of a new all-time high above $111,000 last week. Today, Bitcoin trades below $106,000 with a current trading price of $105,381, marking a 1.2% increase in the past day and a 5.8% decrease from its peak. The current movement suggests a cooling-off… Continue reading Bitcoin Pauses Below $106K as Analyst Reveals Key Support Level To Watch→

Bitcoin Derivatives Reset: Neutral Funding And Whale Withdrawals Hint At Bullish Shift

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As Bitcoin (BTC) continues to hover near its all-time high (ATH) of $111,814, signs of a reset in the derivatives market are emerging. One such indicator is the Binance Liquidation Delta, which is showing a consistent pattern of large-scale long position liquidations.  Bitcoin Late-Long Positions Get Wiped Out According to a recent CryptoQuant Quicktake post… Continue reading Bitcoin Derivatives Reset: Neutral Funding And Whale Withdrawals Hint At Bullish Shift→

Bitcoin To Face ‘One Last Speed Bump’ Before Rally To $140,000 – Analyst

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Bitcoin (BTC) is attempting to reclaim a crucial level as support, which could propel its price to its local range high. A market watcher suggests that this week’s performance could set the tone for the rest of the month. Bitcoin Retest Eyes Massive Rally After losing the $106,800 level last week, Bitcoin has been trying… Continue reading Bitcoin To Face ‘One Last Speed Bump’ Before Rally To $140,000 – Analyst→