Bitcoin Price Pauses, Eyeing a Fresh Increase: Can Bulls Deliver?

Bitcoin price corrected gains and tested the $61,850 zone. BTC is consolidating and might aim for a fresh increase above the $62,500 resistance. Bitcoin is holding gains above the $61,850 zone. The price is trading below $62,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at… Continue reading Bitcoin Price Pauses, Eyeing a Fresh Increase: Can Bulls Deliver?

Only 43 Tokens Have Outperformed Bitcoin This Year, Most Of Them Memecoins

In a year marked by significant volatility in the cryptocurrency market, memecoins have emerged as key players, outperforming Bitcoin (BTC) and the rest of the largest cryptocurrencies in the ecosystem.  This trend was underlined by recent insights from market expert Miles Deutscher, who highlighted a presentation by memecoin analyst Murad at the TOKEN2049 conference in… Continue reading Only 43 Tokens Have Outperformed Bitcoin This Year, Most Of Them Memecoins

Bitcoin Price Manipulation Linked To HBO’s Satoshi Revelation, Expert Cautions

After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC).  While many are eager to uncover the individual behind this pseudonym, one expert warns that the documentary could lead to significant price manipulation in the Bitcoin market before its… Continue reading Bitcoin Price Manipulation Linked To HBO’s Satoshi Revelation, Expert Cautions

Bitcoin Price Turns Green In October Once Again, Is The Bull Run Here?

The Bitcoin price started out the month of October on a rather bearish note with a notable 10% drop in price from $66,000 back down to $60,000. This put a damper on the “Uptober” sentiment as selling pressure mounted. However, the weekend turned out to be bullish for the Bitcoin price and the pioneer cryptocurrency… Continue reading Bitcoin Price Turns Green In October Once Again, Is The Bull Run Here?

Bitcoin ETF Options Set To Supercharge Price Volatility, Expert Warns

The Bitcoin price volatility is likely to surge in both directions following the recent approval of options for spot Bitcoin ETFs, according to Jeff Park, head of Alpha Strategies at Bitwise Investments. In an interview with Anthony Pompliano, Park explained how these newly available options differ from existing crypto derivatives and why they could significantly… Continue reading Bitcoin ETF Options Set To Supercharge Price Volatility, Expert Warns

Bitcoin Price Forecast: This Week’s Trends And Historical Patterns For Q4

Last week, Bitcoin (BTC) experienced considerable volatility, climbing to a two-month high of $66,500 before falling back to a low of $59,500 at the end of the week. However, the leading cryptocurrency has resumed its upward trajectory, hitting $64,500 on Monday.  Higher Highs And Bullish Trends Crypto analyst Doctor Profit recently released a report commenting… Continue reading Bitcoin Price Forecast: This Week’s Trends And Historical Patterns For Q4

Short-Term Bitcoin Holders Panic Sell: Here’s Why It Might Be Great News For BTC

Amid the Bitcoin gradual recovery in price, the asset seems to have been experiencing an interesting market trend lately, suggesting a shift in its supply distribution. According to a CryptoQuant analyst, who goes by the pseudonym ‘IT Tech,’ BTC’s recent price fluctuations have led to short-term holders (STHs), labeled as “weak hands,” exiting the market,… Continue reading Short-Term Bitcoin Holders Panic Sell: Here’s Why It Might Be Great News For BTC

Bitcoin Investors Not Sold On Uptober As Sentiment Remains Neutral

Data shows that the Bitcoin trader sentiment is currently neutral, a sign that investors are indecisive about the direction of the cryptocurrency. Bitcoin Fear & Greed Index Is Right In The Balance Right Now The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment among the traders… Continue reading Bitcoin Investors Not Sold On Uptober As Sentiment Remains Neutral

Bitcoin’s Puell Multiple Signals A Bullish Surge: Could A New ATH Be Near?

While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on BTC’s future trajectory especially when the asset would make the play out of… Continue reading Bitcoin’s Puell Multiple Signals A Bullish Surge: Could A New ATH Be Near?

Bitcoin Price Pulls Back: Can It Recover After Correcting Gains?

Bitcoin price struggled to continue higher above the $64,400 level. BTC is correcting gains and trading near the $62,500 support zone. Bitcoin is holding gains above the $62,500 zone. The price is trading above $62,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at… Continue reading Bitcoin Price Pulls Back: Can It Recover After Correcting Gains?