Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K

Bitcoin price started a fresh decline from the $62,000 resistance zone. BTC is declining and remains at a risk of more losses below the $60,000 level. Bitcoin started a fresh decline after it failed near $62,000. The price is trading below $61,000 and the 100 hourly Simple moving average. There was a break below a… Continue reading Bitcoin Price Signals Bearish Continuation, Why BTC Could Drop Below $60K

Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000

Bitcoin has been sliding down since it reached its all-time high in March. This has largely led to a buy-the-dip sentiment among crypto traders, with many believing the correction would end as soon as it ended and Bitcoin would surge again to new all-time highs.  According to crypto analytics platform Santiment, the thrill of scooping… Continue reading Is The Bitcoin Bottom In? Buy The Dip Sentiment Erodes Amid Drop Toward $60,000

US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000

BTC’s price dipping slightly above $60,000.  US Financial Banks Expose Spot Bitcoin ETF Holdings American financial services companies, Wells Fargo and JP Morgan, have revealed their exposure to BTC by disclosing their adoption of Spot Bitcoin ETFs in a recent filing. This decision to invest in BTC ETFs marks a notable change from the banks’… Continue reading US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000

Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Reach $1 Million, Here’s When

Jack Dorsey, the former CEO of X (formerly Twitter) has predicted when Bitcoin will reach $1 million. The tech entrepreneur is a familiar figure in the crypto space and is known to be heavily invested in the flagship crypto.  When Bitcoin Will Hit $1 Million In an interview with Pirate Wires, Dorsey mentioned that BTC… Continue reading Ex-Twitter CEO Jack Dorsey Says Bitcoin Will Reach $1 Million, Here’s When

Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why

Bitcoin might have posted the deepest correction since the FTX crash in November 2022, dipping over 20% from its all-time high of around $74,000. However, Glassnode analysts, while sharing their preview on X, remain cautiously optimistic.  Bitcoin Drops 20% From March High, But Glassnode Is Bullish Glassnode notes that the Bitcoin “macro uptrend still appears to be… Continue reading Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why

Bitcoin Short Term NUPL Value Turns Negative, What This Means For Price

Crypto analyst Onchained recently provided valuable insights into an the future trajectory of Bitcoin. The analyst suggested there was no cause to worry at the moment but highlighted what to watch out for to know the right time to exit the market.  Bitcoin Short-Term Holders NUPL Turns Negative In a blog short-term holders recently turned… Continue reading Bitcoin Short Term NUPL Value Turns Negative, What This Means For Price

Bitcoin Bearish Signal: Analyst Predicts Potential Dip To $52,000

As the price action of Bitcoin continues to attract crypto investors’ interest, Michael Van De Poppe, a well-known market analyst and trader in a bearish scenario has made a worrying prediction, warning the community of a potential drop in price for the crypto asset to the $52,000 level. Bitcoin Poised For A Possible Decline Michael… Continue reading Bitcoin Bearish Signal: Analyst Predicts Potential Dip To $52,000

Donald Trump Could Be Bitcoin’s Biggest Price Booster: Experts

Former President Donald Trump recently voiced strong support for Bitcoin and cryptocurrencies, notably diverging from his previously skeptical stance. This significant pivot, prominently featured in a recent video circulating among crypto enthusiasts and investors, has spurred speculation about the potential implications for Bitcoin and other digital currencies as the US election approaches this November. How… Continue reading Donald Trump Could Be Bitcoin’s Biggest Price Booster: Experts

Latest Bitcoin Top Is Different From 2021 Peak, Analyst Explains Why

An analyst has explained why the recent high in Bitcoin has experienced different market conditions than those observed during the 2021 bull run peak. Bitcoin Liquidations Have Been Short-Dominated In Recent Market High In a new spot exchange-traded fund (ETF) inflows has a major difference when compared to the 2021 peak. The difference lies in… Continue reading Latest Bitcoin Top Is Different From 2021 Peak, Analyst Explains Why

Bitcoin Price Is Showing Early Signs of Recovery But 100 SMA Is The Key

Bitcoin price found support near the $60,600 zone. BTC is recovering but the bears might remain active near the $63,200 resistance zone. Bitcoin tested the $60,60 support zone and started a recovery wave. The price is trading near $63,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend… Continue reading Bitcoin Price Is Showing Early Signs of Recovery But 100 SMA Is The Key