Tag Archives: btc

100% Accurate Bitcoin Bottom Signal Hits: Time to Buy?

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Crypto analyst Astronomer, known by the handle @astronomer_zero on X, has put forth a potentially compelling bottom signal for Bitcoin, which hinges on the electricity costs incurred by miners to produce BTC. According to him, this particular metric has historically served as a reliable indicator for identifying optimal buying opportunities within Bitcoin’s price cycles. Is… Continue reading 100% Accurate Bitcoin Bottom Signal Hits: Time to Buy?→

Analysts Predict The Start Of Crypto’s First Ever Secular Bear Market

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A new narrative is emerging among seasoned crypto analysts who are now forecasting the advent of the industry’s first ever secular bear market. This prediction suggests a sweeping transformation could be imminent, characterized by a prolonged downturn lasting potentially for years, diverging from the relatively short-term cycles typically associated with the crypto market. Crypto’s First… Continue reading Analysts Predict The Start Of Crypto’s First Ever Secular Bear Market→

Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why

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Summers have historically been very bearish for the Bitcoin price, and the year 2024 has been no different. Since summer began in June, the price of Bitcoin has been very weak, with multiple flash crashes rocking the pioneer cryptocurrency at various points. So far, the Bitcoin price has gone from over $70,000 to below $50,000… Continue reading Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why→

$170 Million In Crypto Longs Bite The Dust As Bitcoin Plunges Under $57,000

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Data shows the crypto derivatives market has suffered a lot of liquidations in the past day as Bitcoin and others have plummeted. Bitcoin Has Declined More Than 3% In The Last 24 Hours Bitcoin has continued its recent bearish momentum in the past day as its price has observed a further plunge, coming down to… Continue reading $170 Million In Crypto Longs Bite The Dust As Bitcoin Plunges Under $57,000→

Crypto Market Stuck In A Rut? Here’s Why 2024 Bitcoin Breakout May Be Delayed

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The crypto market has been struggling with prolonged sideways movement in recent months. Since March 2024, the market has failed to make a successful breakout above previous peaks, leaving investors frustrated. According to a recent significant rebound. While there are some short-term factors that may provide relief, the overall sentiment in the crypto space remains… Continue reading Crypto Market Stuck In A Rut? Here’s Why 2024 Bitcoin Breakout May Be Delayed→

Ethereum Slides But Flips Bitcoin In This Key Metric: Time To Load Up?

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Ethereum is down nearly 35% from July highs and roughly 40% from 2024 peaks. While there is hope among holders that the coin will expand, breaking local resistance, the short-term trend favors sellers. From the daily chart, not only is ETH struggling to gain momentum and push above $2,800, but sellers have been relentless, diffusing… Continue reading Ethereum Slides But Flips Bitcoin In This Key Metric: Time To Load Up?→

Bitcoin Could Drop To $40,600 If This Happens, Crypto Analyst Says

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An analyst has explained how Bitcoin could witness a drop to the $40,600 level based on a pattern forming in its 2-month price chart. Bitcoin Has Seen A TD Sequential Sell Signal On Its 2-Month Price In a new Tom Demark (TD) Sequential signal that has formed in the 2-month price of Bitcoin. The TD… Continue reading Bitcoin Could Drop To $40,600 If This Happens, Crypto Analyst Says→

Bitcoin Price Bounce at Risk: Is the Recovery About to Fade?

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Bitcoin price started a recovery wave from the $55,600 zone. BTC is now struggling to clear the $58,500 resistance and might decline again. Bitcoin is struggling to recover above the $58,500 zone. The price is trading below $58,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support… Continue reading Bitcoin Price Bounce at Risk: Is the Recovery About to Fade?→

Senator Lummis Claims Bitcoin Could Cut National Debt In Half By 2045

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As Bitcoin gains traction within the Republican Party, notably championed by former President Donald Trump, lawmakers are increasingly positioning the cryptocurrency as a cornerstone for US economic growth.  US Senator Cynthia Lummis is at the forefront of this movement, advocating for the Bitcoin Act, which aims to establish a strategic Bitcoin reserve for the United… Continue reading Senator Lummis Claims Bitcoin Could Cut National Debt In Half By 2045→

Bitcoin Boom Over? Expert Calculates How High It Can Go In 10 Years

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Over the past seven months, the price of Bitcoin has moved in a range between $73,777 and $49,000, significantly depressing sentiment across the market. In a new analysis published via X, Will Clemente III, co-founder of Reflexivity Research, addresses the prevailing sentiment of impatience and uncertainty among investors, sharing why he still remains bullish. Clemente’s… Continue reading Bitcoin Boom Over? Expert Calculates How High It Can Go In 10 Years→