Tag Archives: btcusd

Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?

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Crypto analyst Rekt Capital has provided insights into the Bitcoin future trajectory. Based on his analysis, the flagship crypto might not yet be ready for its next leg up, which could see it climb back above $70,000.  Bitcoin Not Yet Ready To Establish $65,000 As New Support Rekt Capital claimed in an X (formerly Twitter)… Continue reading Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?→

Why Did The German Government Sell Off 50,000 Bitcoin In 2 Weeks

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The German government has sold all of its Bitcoin (BTC) in just two weeks. The reason for the substantial Bitcoin dump was unveiled in a recent statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. Why Germany Sold All Its Bitcoin In a blog post published on July 16, the… Continue reading Why Did The German Government Sell Off 50,000 Bitcoin In 2 Weeks→

Bitcoin Price Set To Skyrocket To $750,000, Says Expert

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In a forecast shared via a YouTube video, Joe Burnett, Senior Product Marketing Manager at Unchained Capital, articulates a strong case for Bitcoin reaching a valuation of $750,000. According to Burnett, the market may be substantially underestimating Bitcoin’s potential this cycle, often losing sight of its broader context within the global financial ecosystem. Why Bitcoin… Continue reading Bitcoin Price Set To Skyrocket To $750,000, Says Expert→

Bitcoin Price Steadies: What Are the Chances of Another Rise?

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Bitcoin price struggled to extend gains above the $66,000 resistance level. BTC is consolidating and holding gains above the $63,500 zone. Bitcoin struggled to continue higher above the $66,000 resistance zone. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at… Continue reading Bitcoin Price Steadies: What Are the Chances of Another Rise?→

Bitcoin Developer Samson Mow Says BTC Will Rise To $1 Million, Here’s When

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his bullish stance and mentioned when exactly the flagship crypto will hit this unprecedented price target.  When Bitcoin Will Rise To $1 Million Mow previously explained why he believes that BTC can reach such an ambitious price target. Back then, he alluded to the fact that Bitcoin’s demand was outpacing its supply.  He also highlighted… Continue reading Bitcoin Developer Samson Mow Says BTC Will Rise To $1 Million, Here’s When→

Silicon Valley Using Trump For A Bitcoin Pump Play? Mark Cuban Weighs In

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As the 2024 presidential race heats up, a new debate has emerged regarding Silicon Valley’s recent support for former President Donald Trump’s comeback bid for the White House. According to billionaire investor Mark Cuban, this support may have less to do with Trump’s pro-crypto regulatory stance and more with a calculated play to “pump” the… Continue reading Silicon Valley Using Trump For A Bitcoin Pump Play? Mark Cuban Weighs In→

Bitcoin Bullish Signal: NVT Golden Cross Suggests BTC Oversold

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On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently at a level that could suggest BTC to be underpriced. Bitcoin NVT Golden Cross Has Been Inside Oversold Region Recently As explained by an analyst in a CryptoQuant Quicktake NVT ratio” is an indicator that keeps track of the ratio between… Continue reading Bitcoin Bullish Signal: NVT Golden Cross Suggests BTC Oversold→

Bitcoin Price On The Rise: Is The $70K Mark Within Reach?

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Bitcoin price gained over 15% and broke the $65,000 resistance level. BTC is still showing positive signs and might attempt to move above the $66,000 level. Bitcoin extended its increase above the $65,000 resistance zone. The price is trading above $64,500 and the 100 hourly Simple moving average. There is a key bullish trend line… Continue reading Bitcoin Price On The Rise: Is The $70K Mark Within Reach?→

Bitcoin Hasn’t Reached Bull Cycle Top Yet, Quant Explains Why

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According to the trend in an on-chain indicator, an analyst has explained how Bitcoin may still need to reach the top of the current bull cycle. Bitcoin aSOPR Hasn’t Yet Reached Levels Associated With Past Cycle Tops As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Adjusted Spent Output Profit Ratio (aSOPR)… Continue reading Bitcoin Hasn’t Reached Bull Cycle Top Yet, Quant Explains Why→

Bitcoin Price Picks Up Pace: Can It Break Above $65K?

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Bitcoin price gained over 10% and broke the $64,000 resistance level. BTC is showing positive signs and might attempt to move above the $65,000 level. Bitcoin gained bullish momentum above the $63,500 resistance zone. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a major bullish trend line forming… Continue reading Bitcoin Price Picks Up Pace: Can It Break Above $65K?→