Tag Archives: btcusd

Bitcoin Price Sees Dip: Is the Uptrend Still Safe?

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Bitcoin price started a downside correction from the $64,750 resistance. BTC is still above the $62,500 support and might aim for a fresh increase. Bitcoin is consolidating gains below the $63,800 resistance zone. The price is trading below $63,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line with resistance… Continue reading Bitcoin Price Sees Dip: Is the Uptrend Still Safe?→

BNY Mellon Moves Forward With Bitcoin Custody Services Following SEC Exemption

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Bank of New York Mellon (BNY Mellon) is making significant strides toward launching custody services for Bitcoin (BTC) and Ethereum (ETH), following its recent exemption from the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121.  As previously reported by Bitcoinist on Friday, BNY Mellon is the first bank to receive this exemption, allowing… Continue reading BNY Mellon Moves Forward With Bitcoin Custody Services Following SEC Exemption→

Bitcoin Price Targets Higher Levels: Can the Momentum Hold?

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Bitcoin price is again rising above the $63,800 resistance. BTC could gain pace if it clears the $64,750 resistance zone and then $65,000. Bitcoin is aiming for more gains above the $64,800 zone. The price is trading above $63,650 and the 100 hourly Simple moving average. There was a break above a short-term contracting triangle… Continue reading Bitcoin Price Targets Higher Levels: Can the Momentum Hold?→

Bitcoin Prediction: Crypto Pundit Reveals Why $100,000 Is The Nominal Price Level For 2025

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Optimism about the Bitcoin future outlook remains strong, with a crypto analyst forecasting a massive $100,000 price increase for the pioneer cryptocurrency. With expectations of an even greater price surge, the analyst believes that a $100,000 ATH for Bitcoin in 2025 is a nominal price target. Why Bitcoin Will Rise To $100,000 In 2025 Luke… Continue reading Bitcoin Prediction: Crypto Pundit Reveals Why $100,000 Is The Nominal Price Level For 2025→

Bitcoin Price Eases Off Highs: Will Gains Be Cut Further?

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Bitcoin price gained pace above the $63,500 resistance. BTC tested the $64,800 zone and is currently correcting gains. Bitcoin is correcting gains from the $64,800 zone. The price is trading below $63,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $63,240 on the hourly chart… Continue reading Bitcoin Price Eases Off Highs: Will Gains Be Cut Further?→

Bitcoin Jumps 22% Post-Fed Rate Cut, Yet Key Resistance Sparks Crash Fears – Bitfinex

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Bitcoin (BTC), the world’s largest cryptocurrency, has rallied over 22% in the past two weeks to trade at around $63,200, following a significant drop to $52,000 on September 6. This is the highest level BTC has reached in almost two months. Critical Resistance At $65,200 Looms According to a recent decision to cut interest rates,… Continue reading Bitcoin Jumps 22% Post-Fed Rate Cut, Yet Key Resistance Sparks Crash Fears – Bitfinex→

Fed Rate Cuts Spurs $1.6 Billion Bitcoin Buying Spree Among Whales, Can BTC Reach $70,000?

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The Fed rate cuts have boosted the confidence of Bitcoin investors, with whales buying up to 1.6 billion BTC since the macro decision. With such a bullish outlook, there is the possibility that the flagship crypto can soon reach $70,000.  Fed Rate Cuts Prompt Buying Spree Among Bitcoin Whales The Fed rate cuts have prompted… Continue reading Fed Rate Cuts Spurs $1.6 Billion Bitcoin Buying Spree Among Whales, Can BTC Reach $70,000?→

Bitcoin Price Regains Strength: Is a New Rally Brewing?

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Bitcoin price gained pace above the $62,500 resistance. BTC even cleared the $63,200 level and is now consolidating gains above $63,500. Bitcoin is gaining pace above the $63,200 resistance zone. The price is trading above $63,400 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance… Continue reading Bitcoin Price Regains Strength: Is a New Rally Brewing?→

‘Uptober’ Is Just Around The Corner: Here’s Where Bitcoin Price Is Headed

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As October approaches, investors are looking ahead to what the month will bring this time around for Bitcoin and the entire crypto industry. Historically, October (often referred to as “Uptober”) has been a month of significant upward momentum for Bitcoin since the crypto’s creation. With the previous year’s October seeing impressive gains and kickstarting a… Continue reading ‘Uptober’ Is Just Around The Corner: Here’s Where Bitcoin Price Is Headed→

Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000

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new All-Time Highs (ATHs) and the peak of the long-awaited bull market.    Bitcoin Enters Final Pump Stage  On September 19, ‘Stockmoney Lizards,’ a crypto analyst took to X (formerly Twitter) to Bitcoin’s price movements and its halving events.   The analyst believes the market is currently at the start of the “final pump of the Bitcoin… Continue reading Bitcoin ‘Final Cycle Pump’ Puts Price As High As $200,000→