Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level

Bitcoin is cooling off after an impressive 25% spike from May 2024 lows. Even with this cool-off, some analysts are upbeat, predicting the coin will extend gains in future sessions. Bitcoin Finds Strong Support Between $70,180 and $70,600 In a post on X, one analyst believes Bitcoin has strong support at around $70,180 and $70,600. The… Continue reading Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level

Bitcoin Whales Spend $6.3 Billion In One Day As Historic BTC Buy Signal Appears

Bitcoin whales are not backing down from the market and have continued to capitalize on the pump by buying every dip. The most recent dip toward $60,000 saw these large investors gobble up BTC at an alarming rate, with their daily spending coming in at billions of dollars. Bitcoin Whales Buy $6.3 Billion Worth Of… Continue reading Bitcoin Whales Spend $6.3 Billion In One Day As Historic BTC Buy Signal Appears

Bitcoin Seen Breaching $73,000 As ‘Bull Run’ Looms, Analyst Says

After a two-month breather near its all-time high, Bitcoin (BTC) appears ready to unleash another haymaker, according to crypto analyst Axel Adler. Adler predicts a 300-day bull run fueled by healthy short-term holder profits and a market with plenty of fight left in it. Profitable Punches And Room For More Adler throws down the gauntlet… Continue reading Bitcoin Seen Breaching $73,000 As ‘Bull Run’ Looms, Analyst Says

Bollinger Bands Inventor Foresees Bitcoin Pullback: Key Levels To Watch

Renowned financial analyst John Bollinger has recently issued a caution regarding the potential for a Bitcoin pullback. After BTC price surged from below $66,000 to almost $72,000 at the beginning of the week, Bollinger, the creator of the widely utilized Bollinger Bands indicator, pointed to specific features in the Bitcoin price chart that suggest a… Continue reading Bollinger Bands Inventor Foresees Bitcoin Pullback: Key Levels To Watch

Bitcoin Dips but Holds Strong: Bullish Momentum Intact

Bitcoin price started a downside correction from the $72,000 zone. BTC is now consolidating near $70,000 and might eye another increase in the near term. Bitcoin struggled above the $71,800 resistance zone. The price is trading above $69,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support… Continue reading Bitcoin Dips but Holds Strong: Bullish Momentum Intact

Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why

An analyst has explained how the current Bitcoin surge appears to have hit the halfway completion mark if this indicator is to go by. Bitcoin VWAP Oscillator Suggests BTC Rally Only Halfway Done In a new Volume Weighted Average Price (VWAP) Oscillator is looking like after the latest rally. The VWAP is an indicator that,… Continue reading Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why

Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?

Bitcoin is firm, recently trending above $71,200 and easing past local resistance levels, much to the delight of holders. However, the current leg up is just the beginning for Willy Woo, an on-chain analyst. Bitcoin Rally Getting Started: Analyst Taking to X, Woo, who has been maintaining a bullish outlook for the world’s most valuable… Continue reading Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?

Institutional Investors Pour $942 Million Into Bitcoin, Will This Trigger A Rally To $80,000?

Institutional investors are doubling their bets on Bitcoin, with investment funds related to the flagship crypto recording massive inflows last week. This development signals a bullish sentiment among these investors which could trigger a Bitcoin rally to $80,000.  Bitcoin Investment Funds Record $942 Million In Inflows According to CoinShares’ latest weekly report, Bitcoin investment products… Continue reading Institutional Investors Pour $942 Million Into Bitcoin, Will This Trigger A Rally To $80,000?

Bitcoin On The Verge? Analyst Breaks Down What A $71,500 Weekly Candle Close Means For BTC

Both Bitcoin (BTC) and Ethereum appear to currently be the center of attention in the crypto market so far, with Bitcoin recently hitting just above a 24-hour high of $71,650 mark, marking a 6.4% increase in the past 24 hours and nearly 20% over the past week. A prominent Crypto Analyst who has since been… Continue reading Bitcoin On The Verge? Analyst Breaks Down What A $71,500 Weekly Candle Close Means For BTC

BitMEX Founder Predicts The Dawn Of ‘Crypto Valhalla’: When Will It Start?

In his latest essay titled “The Easy Button,” Arthur Hayes, founder of the crypto exchange BitMEX, delves into the dynamics of global monetary policies and their consequential ties to what he describes as the impending ‘Crypto Valhalla.’ Hayes analyzes the policy maneuvers of the world’s major economies, notably Japan, the United States, and China, and… Continue reading BitMEX Founder Predicts The Dawn Of ‘Crypto Valhalla’: When Will It Start?