Tag Archives: btc

Crypto Expert Predicts Bitcoin Will Reach $650,000 Due To This Reason

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A crypto analyst has made a bold prediction about Bitcoin, anticipating that the pioneer cryptocurrency could surge to $650,000 as the Spot Bitcoin ETF market continues to grow.  BTC’s Next Price Target Expected At $650,000 In an X (formerly Twitter) post published on Monday, Willy Woo, a popular analyst and crypto expert with over 1… Continue reading Crypto Expert Predicts Bitcoin Will Reach $650,000 Due To This Reason→

Bitcoin Long-Term Holders Slow Down After 700,000 BTC Selloff, Reversal Sign?

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On-chain data shows the Bitcoin long-term holder selling pressure has been running out recently after an extended selloff from the group. Bitcoin Long-Term Holders Have Sold Huge In Past 4 Months As analyst James Van Straten explained in a long-term holders” (LTHs) here refer to the Bitcoin investors carrying their coins since more than 155… Continue reading Bitcoin Long-Term Holders Slow Down After 700,000 BTC Selloff, Reversal Sign?→

Bitcoin Analyst Set Sight On $79,591: Urges Traders To Be Patient

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While Bitcoin prices hover around 15% below their all-time highs, with some skeptics predicting more losses, one analyst on X expects the coin to bounce strongly, even breaking above all-time highs. Taking to X, the trader argues that Bitcoin has yet to breach the Golden Ratio Multiplier’s Cycle Top, currently sitting at $79,591. Supposedly, the analyst continues,… Continue reading Bitcoin Analyst Set Sight On $79,591: Urges Traders To Be Patient→

Analyst Points To Possible 30% Bitcoin Correction, Calls For Caution

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Popular cryptocurrency expert Cold Blooded Shiller has made a grim prediction that Bitcoin may be on the verge of a significant correction and could crash as low as 30%, given the current heightened volatility in the market.  Bitcoin Could Be Poised For 30% Pullback Cold Blooded Shiller believes it is important to note that Bitcoin… Continue reading Analyst Points To Possible 30% Bitcoin Correction, Calls For Caution→

Bitcoin Has Next Major Demand Zone At $56,000: Brace For Impact?

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On-chain data shows the next major Bitcoin demand zone is around $56,000, a level BTC might end up revisiting if the decline continues. Bitcoin Has Next Major On-Chain Support Around $56,000 According to data from the market intelligence platform IntoTheBlock, BTC’s recent drawdown has meant that it may end up having to rely on the… Continue reading Bitcoin Has Next Major Demand Zone At $56,000: Brace For Impact?→

Bitcoin Investors In The Red: Losses Trump Profits As Ratio Dips Below 1

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Investors are bracing themselves for a rollercoaster ride as Bitcoin, the flagship digital asset, navigates through choppy waters. Recent data from Glassnode has revealed a noteworthy development: the Realized Profit/Loss Ratio for Bitcoin has dipped below one. This crucial metric, which compares the sell value of Bitcoin with the price at which it was bought,… Continue reading Bitcoin Investors In The Red: Losses Trump Profits As Ratio Dips Below 1→

Why The Bitcoin Halving Matters, But Not The Way You Think: Expert

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David Lawant, Head of Research at FalconX, a digital assets prime brokerage with trading, financing, and custody for leading financial institutions, recently offered an analysis on X (formerly Twitter) regarding the evolving role of Bitcoin halvings in market dynamics. This analysis challenges the traditional view that halvings directly and significantly affect Bitcoin’s price, instead highlighting a… Continue reading Why The Bitcoin Halving Matters, But Not The Way You Think: Expert→

Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst

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The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively affect the short holders. With Bitcoin trading within a significant consolidation phase, as revealed by Rover, analysis suggests that over $3 billion in short positions could face liquidation should Bitcoin climb back to a… Continue reading Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst→

Bitcoin Price Restarts Decline, Can BTC Bulls Protect $60K?

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Bitcoin price started another decline from the $67,000 zone. BTC is showing bearish signs and might soon revisit the $61,000 support zone. Bitcoin failed to clear the $67,000 resistance zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There was a break below a rising channel with support at $64,900… Continue reading Bitcoin Price Restarts Decline, Can BTC Bulls Protect $60K?→

Lost Treasure Found? Bitcoin Miner Transfers Over $3 Million BTC After 14-Year Dormancy

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According to the on-chain analysis platform Lookonchian, a long-dormant Bitcoin (BTC) wallet dating back to April 2010, recently transferred 50 BTC, equivalent to $3.328 million. Unraveling The Transaction: An Exploration of Potential Motives As reported by Lookonchian, 50 BTC mined over 14 years ago, when each block reward was 50 BTC, was divided into two… Continue reading Lost Treasure Found? Bitcoin Miner Transfers Over $3 Million BTC After 14-Year Dormancy→