Tag Archives: btc

Crypto Analyst Predicts Massive Move For Bitcoin, What’s The Target?

Posted on by — No Comments ↓

Despite BTC’s recent unimpressive price action, crypto analyst Doctor Profit has shared his bullish sentiment for Bitcoin and the broader crypto market. The analyst further suggested that a parabolic move was imminent and that crypto investors should position themselves accordingly.  Crypto Market Preparing For A “Third Industrial Revolution” Doctor Profit mentioned in an X (formerly… Continue reading Crypto Analyst Predicts Massive Move For Bitcoin, What’s The Target?→

Bitcoin Bearish Signal: Analyst Warns Of Potential Drop To $59,000

Posted on by — No Comments ↓

Amidst the anticipated positive effect of the recently concluded Bitcoin Halving event, Ali Martinez, a well-known cryptocurrency analyst and trader has issued a noteworthy warning about BTC’s trajectory, predicting that the price of the crypto asset could undergo a correction to the $59,000 mark. Potential Declines For Bitcoin Martinez’s analysis delves into the potential for… Continue reading Bitcoin Bearish Signal: Analyst Warns Of Potential Drop To $59,000→

Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears

Posted on by — No Comments ↓

The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows recorded on April 26. This poor run has had far-reaching effects on the broader crypto market as Bitcoin’s price has succumbed to unfavorable market conditions.  Spot Bitcoin ETFS Record $217 Million… Continue reading Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears→

Vertex AI Price Forecast: Bitcoin Has 60% Chance Of Hitting $100,000, Key Predictions Unveiled

Posted on by — No Comments ↓

On-chain analytics firm Spot On Chain’s team of analysts, using Google Cloud’s Vertex artificial intelligence (AI), has conducted an in-depth analysis to forecast the future price of Bitcoin (BTC).  Their latest report provides valuable insights into the leading cryptocurrency’s short-, medium-, and long-term outlook. Bitcoin Price Forecasts According to Spot On Chain’s report, Bitcoin prices… Continue reading Vertex AI Price Forecast: Bitcoin Has 60% Chance Of Hitting $100,000, Key Predictions Unveiled→

Bitcoin Price Turns Red And At Risk of More Downsides Below $63K

Posted on by — No Comments ↓

Bitcoin price failed to recover above the $65,500 resistance. BTC is again moving lower and there is a risk of more downsides below $63,000. Bitcoin started another decline after it failed to surpass the $65,500 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There is a connecting bearish… Continue reading Bitcoin Price Turns Red And At Risk of More Downsides Below $63K→

Bitcoin Bears Risk Losing $7.2 Billion If BTC Price Reaches This Level

Posted on by — No Comments ↓

The Bitcoin price continues to fluctuate wildly after crashing from its all-time high price above $73,000. This has triggered a wave of bearish sentiment in the market, causing a large number of crypto traders to go short on the pioneer cryptocurrency. As a result, these bears lose, risking a large amount if the Bitcoin price… Continue reading Bitcoin Bears Risk Losing $7.2 Billion If BTC Price Reaches This Level→

Bitcoin Forms Death Cross & TD-9 Sell Signal: Brace For Impact?

Posted on by — No Comments ↓

An analyst has explained how Bitcoin is forming both a death cross and TD sell signal, which may lead to potential dips in these targets. Bitcoin Looking In Trouble As 12-Hour Chart Forms Two Bearish Signals In a new post on X, analyst Ali discussed two signals that have recently formed in Bitcoin’s 12-hour chart.… Continue reading Bitcoin Forms Death Cross & TD-9 Sell Signal: Brace For Impact?→

Renowned Economist Reveals What Will Happen If Bitcoin Can’t Hold $60,000

Posted on by — No Comments ↓

Chief economist and Bitcoin critic, somber prediction regarding the world’s largest cryptocurrency, Bitcoin. The financial expert has cautioned investors of the potential repercussions should BTC drop below critical resistance levels. Economist Predicts Bitcoin Price Decline In a recent X (formerly Twitter) post, Schiff support levels around $60,000. The economist has argued that Bitcoin’s current price… Continue reading Renowned Economist Reveals What Will Happen If Bitcoin Can’t Hold $60,000→

Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report

Posted on by — No Comments ↓

Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin. Using data from CryptoQuant, Bloomberg has revealed that the Bitcoin funding rate—the cost for traders to open long positions in Bitcoin’s perpetual futures—has turned negative for the first time since October 2023. This change suggests… Continue reading Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report→

Negative Nirvana? Decoding The First Bitcoin Funding Rate Dip Of 2024

Posted on by — No Comments ↓

The recent Bitcoin halving event, which cut the block reward for miners in half on April 20, 2024, has sparked a wave of optimism in the cryptocurrency market. While a brief dip in a key futures metric hinted at potential short-term bearishness, overall market indicators suggest a bullish trend taking hold. Analysts at Kaiko, a… Continue reading Negative Nirvana? Decoding The First Bitcoin Funding Rate Dip Of 2024→