Tag Archives: btcusd

Is Crypto Losing Steam? Bitcoin And Ethereum Addresses Shrink In 2024

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The cryptocurrency market is presently experiencing a substantial decline, as both Bitcoin and Ethereum have experienced a substantial decrease in active addresses. This trend, which has persisted throughout 2024, has triggered apprehension regarding the future of these prominent cryptocurrencies. The implications for market dynamics could be profound as investor enthusiasm diminishes. Declining Active Addresses According… Continue reading Is Crypto Losing Steam? Bitcoin And Ethereum Addresses Shrink In 2024→

Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?

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Veteran crypto trader Peter Brandt has stated that Bitcoin (BTC) is forming a ‘three blind mice’ pattern without confirming whether this is bullish or bearish for the flagship crypto. His statement has got the crypto community searching for answers as to what this pattern might mean for BTC.  Veteran Crypto Trader Says Bitcoin Has Formed… Continue reading Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?→

What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number

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Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn’t enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn’t reached the levels needed to confirm a bullish reversal. Bitcoin needs to break $71,000 first and then confirm that, says Brandt. And while he… Continue reading What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number→

Bitcoin Price Poised for a Fresh Rally, Unless This Level Breaks

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Bitcoin price is consolidating above the $60,000 support. BTC could aim for a fresh increase unless there is a close below the $60,000 support. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a key bearish trend line with resistance at… Continue reading Bitcoin Price Poised for a Fresh Rally, Unless This Level Breaks→

Analyst Says Bitcoin Is In The ‘Final Test’, Here’s Where The BTC Price Is Headed Next

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Bitcoin has seen a price spiraling below $60,000 once again. Bitcoin Symmetrical Triangle Could Trigger A Retest Crypto analyst Xanrox has presented a possible scenario where the Bitcoin price could decline further from here. The analyst points to the previous symmetrical triangle that had been formed on the Bitcoin chart with the last decline. This… Continue reading Analyst Says Bitcoin Is In The ‘Final Test’, Here’s Where The BTC Price Is Headed Next→

Bitcoin Starts October In The Red After Crash To $61,000, Is ‘Uptober’ A Myth?

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Bitcoin started the month of October on a negative note, deviating from what many investors had expected leading up to the month. Bitcoin, which had been on a notable price increase earlier, started to face setbacks as September ended, leading up to the first 24 hours of October. The first 24 hours of October have… Continue reading Bitcoin Starts October In The Red After Crash To $61,000, Is ‘Uptober’ A Myth?→

Bitcoin Price Falls To $60K: Is A Rebound Possible?

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Bitcoin price started a fresh decline below the $63,500 level. BTC is now consolidating above $60,000 and might face many hurdles on the upside. Bitcoin is down over 5% from the $65,000 resistance zone. The price is trading below $63,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line with… Continue reading Bitcoin Price Falls To $60K: Is A Rebound Possible?→

Major Catalyst That Could Drive Bitcoin To New ATH In Q4 Emerges

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With the start of the highly anticipated Uptober here, market experts have been super bullish on the Bitcoin future outlook. In line with this, a crypto analyst has identified a major catalyst that could propel Bitcoin to new all-time highs (ATHs) in the Fourth Quarter (Q4) of 2024.  Bitcoin Sets Sights On New ATH In… Continue reading Major Catalyst That Could Drive Bitcoin To New ATH In Q4 Emerges→

Bitcoin Bull Market Not Over: CryptoQuant CEO Reveals Where We Are This Cycle

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The Bitcoin mid-September rally has slowed down leading up to the end of the month. Although it ended September at a green monthly candle close, the cryptocurrency has fallen below the psychological $65,000 price mark again, with the fear and greed index returning from greed to neutral sentiment. This seems to have caused some second-guessing… Continue reading Bitcoin Bull Market Not Over: CryptoQuant CEO Reveals Where We Are This Cycle→

Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September

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Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday.  Although it fell short of its all-time peak of $73,700 in March, the strong performance in September has raised expectations for significant gains as the year draws close. Historical trends suggest that when Bitcoin… Continue reading Uptober Outlook: Why Bitcoin Could Reach $98,000 Following Bullish September→