Tag Archives: btc

Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?

Posted on by — No Comments ↓

On-chain data shows a particular Bitcoin whale who accumulated almost $400 million between July 30 and 31. This whale is believed to have purchased the flagship crypto, having seen an opportunity to profit massively thanks to Bitcoin’s recent price action.  Bitcoin Whale Purchases Almost $400 Million Worth Of BTC On-chain analytics platform Lookonchain revealed in… Continue reading Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?→

Bitcoin’s Price Potential: Analyst Maps Path To $700,000 And Beyond

Posted on by — No Comments ↓

Bitcoin has been on a rollercoaster ride ever since it reached its all-time high (ATH) of $73,737 back in March. However, regardless of that, several analysts and traders in the crypto community remain persistent in their bullish outlook for the asset. An example is Willy Woo, a well-known figure in the crypto sector. Earlier today,… Continue reading Bitcoin’s Price Potential: Analyst Maps Path To $700,000 And Beyond→

Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm

Posted on by — No Comments ↓

An analyst has warned that support levels weaken the more they are retested and Bitcoin is now doing a third consecutive retest of a major such level. Bitcoin Is Again Retesting The Short-Term Holder Realized Price As explained by CryptoQuant community manager Maartunn in a new Realized Price” here refers to an indicator that, in… Continue reading Bitcoin Makes Third Retest Of Historical Support, Analyst Sounds Alarm→

Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’ – Here’s Why

Posted on by — No Comments ↓

Matt Hougan, Chief Investment Officer (CIO) of Bitwise, claims in a new memo to investors following the 2024 Bitcoin Conference that the market may not be bullish enough about the future of BTC. The conference was a watershed moment that attracted massive political attention and could influence the future trajectory of Bitcoin heavily. Why You… Continue reading Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’ – Here’s Why→

Bitcoin Holds Ground At $65,700 Amid Unchanged Fed Rates, Anticipating September Moves

Posted on by — No Comments ↓

In the wake of the highly anticipated address by Federal Reserve Chair Jerome Powell, Bitcoin (BTC) maintained a steady course on Wednesday as the Fed opted to keep interest rates unchanged at 5.25%-5.50%.  Crypto Market Awaits Fed’s Next Move Powell, speaking at a press conference in Washington DC, hinted at the possibility of rate reductions… Continue reading Bitcoin Holds Ground At $65,700 Amid Unchanged Fed Rates, Anticipating September Moves→

Is Bitcoin Poised for a September Price Surge? What Traders Need to Know

Posted on by — No Comments ↓

As summer is currently fast approaching, several crypto traders and analysts have cranked up their optimism for Bitcoin price trajectory. Among them is well-known crypto analyst, Rekt Capital, who has recently analyzing recent trends and historical data. What the Bullish September Sentiment Is Based On Rekt Capital pointed out that despite Bitcoin’s failure to break… Continue reading Is Bitcoin Poised for a September Price Surge? What Traders Need to Know→

Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens

Posted on by — No Comments ↓

Hedge fund manager James Lavish has predicted that Bitcoin could rise to $428,000 at some point. He also mentioned what needs to happen for the flagship crypto to reach such an ambitious price target.  How Bitcoin Could Rise To $428,000 Lavish mentioned in an X (formerly Twitter) Bitcoin would rise to $428,000 when it becomes… Continue reading Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens→

Elliot Wave Theory Suggests Bitcoin Price will Crash Below $40,000

Posted on by — No Comments ↓

The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated what could happen next for the Bitcoin price. Elliot Wave Theory Points To A Recovery In the analysis Elliot Wave… Continue reading Elliot Wave Theory Suggests Bitcoin Price will Crash Below $40,000→

Is A Major Bitcoin Dip Coming? What the Coinbase Index Tells Us

Posted on by — No Comments ↓

An analyst from the CryptoQuant QuickTake platform has now grim move brewing for Bitcoin. This indicator, when placed with its Simple Moving Average over 14 days (SMA14), has often shown a significant correlation with Bitcoin’s selling pressure, shedding light on how crucial its impact is on the market. Bull or Bear: What the Coinbase Index… Continue reading Is A Major Bitcoin Dip Coming? What the Coinbase Index Tells Us→

Bitcoin Price Eyes Fresh Gains: Can BTC Climb Again?

Posted on by — No Comments ↓

Bitcoin price extended losses and tested the $65,500 support zone. BTC is now consolidating and might aim for a fresh increase if it clears $66,500. Bitcoin tested the $65,500 level and is attempting a recovery wave. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend… Continue reading Bitcoin Price Eyes Fresh Gains: Can BTC Climb Again?→