Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet

The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a particular asset is. With the Bitcoin market seeming to be… Continue reading Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet

Here’s Why The Bitcoin Price Could Hit $100,000 Before The End Of The Year

Crypto analyst Ash Crypto has outlined several reasons why the Bitcoin price is poised to reach $100,000 by the end of the year. This price level is one that other market experts like Standard Chartered have predicted that the flagship crypto could hit even before year-end.  Why The Bitcoin Price Can Reach $100,000 By Year-End… Continue reading Here’s Why The Bitcoin Price Could Hit $100,000 Before The End Of The Year

Bitcoin Price Ready to Resume Gains: Can the Uptrend Return?

Bitcoin price started a fresh increase above the $62,000 zone. BTC is gaining pace and might aim for more gains above the $63,500 zone. Bitcoin is eyeing a fresh increase above the $63,500 zone. The price is trading above $63,250 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming… Continue reading Bitcoin Price Ready to Resume Gains: Can the Uptrend Return?

Bitcoin Lags Under STH Realized Price Of $63,000 — What Does This Mean?

The Bitcoin price has somewhat slowed down this weekend, failing to capitalize on its resurgent momentum from Friday, October 4. The premier cryptocurrency continues to hover around the $62,000 mark, reflecting a mere 0.3% decline in the last 24 hours. Recent on-chain data suggests that the price of Bitcoin might continue to turn in a… Continue reading Bitcoin Lags Under STH Realized Price Of $63,000 — What Does This Mean?

Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

Following a major price decline in Bitcoin (BTC), market sentiment BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.  Bitcoin Reserve On Exchanges Sees Sharp Plunge  With ongoing market volatility and the recent decline in Bitcoin, on-chain data has identified a significant shift in the cryptocurrency’s market activity. CryptoQuant’s… Continue reading Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

Crypto Analyst Predicts Bitcoin Price Will Hit New All-Time High If It Breaks This Level

Bitcoin, which started the month on a negative note, has begun to regain some positive momentum and is up by 1.66% in the past 24 hours. This recovery comes amid renewed optimism in the crypto space, as traders and investors remain hopeful for a solid finish to the year. In a recent post on social… Continue reading Crypto Analyst Predicts Bitcoin Price Will Hit New All-Time High If It Breaks This Level

Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?

Ki Young Ju, the founder of the on-chain analytics platform CryptoQuant, revealed that Bitcoin whales are currently moving out of character in terms of profit-taking. These whales likely believe that the bull is far from over, which is why they haven’t secured as much profit as they have done in previous bull runs.  Bitcoin Whales… Continue reading Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?

Bitcoin Whales Set Profit-Taking Record In Bull Cycle — What’s Happening?

The price of Bitcoin has not had the most straightforward performance in 2024 despite a strong start to the year. The flagship cryptocurrency has spent most of the last two quarters in consolidation, fluctuating within the $50,000 and $70,000 range. This uninspiring performance has sparked conversations about the current cycle, with several analysts and experts… Continue reading Bitcoin Whales Set Profit-Taking Record In Bull Cycle — What’s Happening?

Market Signals Hint At Bitcoin’s Potential Fall To $52,000—Analyst

The Bitcoin market is grappling with mixed predictions, fueled by both technical analysis and external factors like geopolitics. Political turmoil has hurt Bitcoin before. When tensions grow, cryptocurrency prices fall, unlike gold, market analysts say. Bitcoin shot down to about $59,000 as the Middle East’s crisis worsened, and then recovered somewhat, but continuing volatility is… Continue reading Market Signals Hint At Bitcoin’s Potential Fall To $52,000—Analyst

Is The Worst Over For Bitcoin? Analyst Suggests Local Bottom May Be Here

A CryptoQuant analyst known as “caueconomy” recently published a post indicating that Bitcoin (BTC) may have reached a local bottom. The analyst points to a significant liquidation event as a key sign that a short-term recovery could be on the horizon. Although caueconomy acknowledged that Bitcoin has been going through a period marked by bearish… Continue reading Is The Worst Over For Bitcoin? Analyst Suggests Local Bottom May Be Here