Tag Archives: btcusd

Bitcoin Mining Costs Spike To Nearly $50K As Miners Look To AI For Survival

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Bitcoin mining is now a highly competitive industry that’s not just expensive but technology-intensive as well. Individuals interested in joining the growing mining industry must invest in a specialized computer system, steady internet, reliable energy supply, and a good amount of skill to manage the process. As such, miners often turn to credit facilities to… Continue reading Bitcoin Mining Costs Spike To Nearly $50K As Miners Look To AI For Survival→

Bitcoin Price Eyes $70K Comeback: Will Bulls Push It Higher?

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Bitcoin price is correcting losses from the $67,500 zone. BTC is recovering and might soon aim for a move above the $70,000 resistance zone. Bitcoin started a fresh decline from the $72,500 zone. The price is trading below $70,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend… Continue reading Bitcoin Price Eyes $70K Comeback: Will Bulls Push It Higher?→

Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000

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Bitcoin bear case scenario that could see the pioneer cryptocurrency decline to $28,000.  Bitcoin Bear Case Unveiled In an X (formerly Twitter)bearish scenario for Bitcoin than most analysts have suggested. Basing his bearish scenarios on the cycle theory, Loukas proposes that Bitcoin might be part of the broader 16-year cycle, with the current market marking… Continue reading Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000→

Spot ETFs Fail To Ignite Bitcoin Growth – Analyst

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The Spot Bitcoin ETFs have become a major headliner recently due to heightened levels of market inflows. According to data from SoSoValue, these ETFs have attracted over $5 billion in investments over the past three weeks coinciding with an impressive Bitcoin price rally of over 23%. However, amidst this euphoria, macro investment researcher Jim Bianco… Continue reading Spot ETFs Fail To Ignite Bitcoin Growth – Analyst→

Bitcoin Completes Retest Phase: Only One Thing Left For A $110,000 Price By December

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The Bitcoin price action was marked by ups and downs in the just concluded week, serving as a reminder of the volatile nature of the digital asset. According to price data, Bitcoin has just completed a retest of the downward sloping trendline that has limited its price rallies since March. As analyst EGRAG CRYPTO pointed… Continue reading Bitcoin Completes Retest Phase: Only One Thing Left For A $110,000 Price By December→

Bitcoin May Slide To $65,000 As Critical Support Level Fails – Details

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The price of Bitcoin has experienced some instability in the last few hours declining by almost 3%. This negative price action drives more attention to the largest digital asset, especially with the US election fast approaching. While many analysts are now skeptical of Bitcoin’s immediate movements, pro-trader Justin Bennett already issued a cautionary insight into… Continue reading Bitcoin May Slide To $65,000 As Critical Support Level Fails – Details→

Will Bitcoin Hit $176K? Anthony Scaramucci Lays Out His High-Stakes Forecast

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A top executive of a New York-based global investment firm made an audacious claim that Bitcoin breaching the six-figure price will happen very soon. SkyBridge Capital founder Anthony Scaramucci said that in the next two years, BTC will be traded at $176,000, joining other crypto investors who believed that the oldest cryptocurrency is ripe for… Continue reading Will Bitcoin Hit $176K? Anthony Scaramucci Lays Out His High-Stakes Forecast→

Bitcoin ETFs Crucial To Sustain Current Buying Pressure – Details

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The price of Bitcoin recorded significant leaps in the past month rising by 14.74% according to data from CoinMarketCap. During this price rally, the premier cryptocurrency came close to establishing a new market all-time high, reaching a local peak of $73,149 on October 29. Interestingly, CryptoQuant CEO Ki Young Ju has stated a certain condition… Continue reading Bitcoin ETFs Crucial To Sustain Current Buying Pressure – Details→

Analyst Reveals Why Bitcoin Price Crashed From $73,000 To $69,000

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November began with an unexpected downturn in the crypto market as Bitcoin, which had gone on a bull run in the last week of October, rapidly lost its momentum. The highly anticipated “Moonvember” kicked off with an unexpected crash, plummeting from $73,000 on October 31 to $69,000 on November 1 to essentially wipe out $296… Continue reading Analyst Reveals Why Bitcoin Price Crashed From $73,000 To $69,000→

Bitcoin Flashes Buy Signal After Price Closed 2nd Green Month Candle In A Row

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The Bitcoin price enjoyed its second consecutive green candle in October after closing the month with a 10% price gain. Crypto analyst TradingShot revealed why this development was a positive going forward and is a good buy signal for those looking to invest in the flagship crypto.  Bitcoin Triggers Buy Signal After Price Hit Second… Continue reading Bitcoin Flashes Buy Signal After Price Closed 2nd Green Month Candle In A Row→