Tag Archives: btc

Bitcoin Retreats After Failing To Break Crucial $72,983 Resistance

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Following the failure to break above the $72,983 resistance level, the price of Bitcoin has continued to drop. Although Bitcoin’s price is still trading above the 1-day Simple Moving Average (SMA), this rejection has led to the crypto asset dropping from $71,942 to $66,785 and moving below the SMA both in the 1-hour and the… Continue reading Bitcoin Retreats After Failing To Break Crucial $72,983 Resistance→

Bitcoin Enters Dreaded ‘Chop Season’ – What Does This Mean For Price?

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Crypto analyst ShardiB recently revealed that Bitcoin has entered ‘chop season.’ This is significant as it could be a while before the flagship crypto finally archives that breakout, which will send it to new all-time highs (ATHs).  How The Chop Season Will Affect Bitcoin’s Price While revealing that Bitcoin was about to enter the chop… Continue reading Bitcoin Enters Dreaded ‘Chop Season’ – What Does This Mean For Price?→

$2.5 Billion In Bitcoin Flows Out Of Centralized Exchanges – Time To Buy?

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Investor confidence appears to be on the rise in the crypto market lately, and Bitcoin has been a major beneficiary of this positive trend. Consequently, there has been a continuous accumulation of BTC amongst large-scale investors despite its somewhat frustrating price action. The premier cryptocurrency’s price may have ended May beneath the psychological $70,000 mark,… Continue reading $2.5 Billion In Bitcoin Flows Out Of Centralized Exchanges – Time To Buy?→

Bitcoin ‘Realized Volatility’ Showing Very Rare Trend: What Could Be Next

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Data shows that the Bitcoin Realized Volatility metric has fallen to historically low levels. What generally happens after this pattern forms? Bitcoin Realized Volatility Has Decline To Extreme Lows Recently In a Realized Volatility here refers to an indicator that basically tells us about how volatile a given asset has been based on its price… Continue reading Bitcoin ‘Realized Volatility’ Showing Very Rare Trend: What Could Be Next→

Bitcoin vs. Gold: Why This Trader Believes BTC Will Surge By More Than 300%

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Seasoned trader Peter Brandt’s recent prediction has captured significant attention. Brandt, known for his crypto market insights, has forecasted a substantial rise in Bitcoin’s value compared to gold, suggesting an impending shift in investors’ asset preferences. Bitcoin vs. Gold: A Shift In Value Peter Brandt, particularly, projected an eye-opening scenario where Bitcoin could dramatically outpace… Continue reading Bitcoin vs. Gold: Why This Trader Believes BTC Will Surge By More Than 300%→

Market Analysis: How Will Mt. Gox’s Bitcoin Distribution Affect Crypto Prices?

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As the defunct cryptocurrency exchange Mt. Gox prepares to distribute around $9 billion worth of Bitcoin, some investors are worried about the potential impact on prices. However, industry experts and major creditors believe that any short-term volatility will be outweighed by BTC’s long-term bullish prospects.  With the approval of US spot Bitcoin exchange-traded funds (ETFs),… Continue reading Market Analysis: How Will Mt. Gox’s Bitcoin Distribution Affect Crypto Prices?→

Crypto Analyst Reveals Why $69,000 Is Very Important In The Grand Scheme Of A Bitcoin Recovery

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Crypto analyst Pierre has provided insights into why $69,000 is a significant price level for Bitcoin. He suggested the flagship crypto could hit a new all-time high (ATH) if it successfully holds above that range.  A Breakout Above $69,000 Could Lead To A Bitcoin Recovery Pierre mentioned in an X (formerly Twitter) ATH region of… Continue reading Crypto Analyst Reveals Why $69,000 Is Very Important In The Grand Scheme Of A Bitcoin Recovery→

Bitcoin Whale Indicator Flashes Signal Last Seen Before 480% Surge In Mid-2020

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CryptoQuant CEO Ki Young-Ju today pointed out significant similarities in Bitcoin’s market behavior between the current state and mid-2020, a period marked by stagnant prices but high on-chain activity. Young-Ju’s insights were illustrated with two key charts and shared via a post on X, drawing parallels that suggest a robust undercurrent of large volume transactions,… Continue reading Bitcoin Whale Indicator Flashes Signal Last Seen Before 480% Surge In Mid-2020→

Bitcoin’s Upside Momentum Fading: What’s Next for BTC?

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Bitcoin price started a recovery wave from the $67,000 zone. BTC is now struggling to clear the $68,800 and $69,500 resistance levels. Bitcoin remained stable above the $67,000 zone and recovered higher. The price is trading above $68,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line… Continue reading Bitcoin’s Upside Momentum Fading: What’s Next for BTC?→

Lost And Found: Hackers Successfully Access Decade-Old Bitcoin Wallet, Retrieve $3 Million

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In an extraordinary turn of events, two hackers have successfully cracked the long-forgotten password of a digital wallet, leading to the recovery of approximately $2 million worth of Bitcoin (BTC).  Lost Bitcoin Fortune Unlocked As reported by Wired, the story began in 2013 when an individual known by the alias “Michael” securely stored his Bitcoin… Continue reading Lost And Found: Hackers Successfully Access Decade-Old Bitcoin Wallet, Retrieve $3 Million→