Tag Archives: btcusd

Latest Bitcoin Top Is Different From 2021 Peak, Analyst Explains Why

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An analyst has explained why the recent high in Bitcoin has experienced different market conditions than those observed during the 2021 bull run peak. Bitcoin Liquidations Have Been Short-Dominated In Recent Market High In a new spot exchange-traded fund (ETF) inflows has a major difference when compared to the 2021 peak. The difference lies in… Continue reading Latest Bitcoin Top Is Different From 2021 Peak, Analyst Explains Why→

Bitcoin Price Is Showing Early Signs of Recovery But 100 SMA Is The Key

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Bitcoin price found support near the $60,600 zone. BTC is recovering but the bears might remain active near the $63,200 resistance zone. Bitcoin tested the $60,60 support zone and started a recovery wave. The price is trading near $63,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend… Continue reading Bitcoin Price Is Showing Early Signs of Recovery But 100 SMA Is The Key→

Grayscale Battling Outflows And Lower-Cost ETFs, Q1 Revenue Stays Flat At $156M

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Grayscale Investments, the issuer of one of the recently approved spot Bitcoin exchange-traded funds (ETFs) in the US, saw flat revenues in the first quarter of the year due to its decision to maintain fees on its flagship Grayscale Bitcoin Trust ETF (GBTC).  Grayscale Exceeds Expectations Despite Outflows According to a shareholder letter from its… Continue reading Grayscale Battling Outflows And Lower-Cost ETFs, Q1 Revenue Stays Flat At $156M→

Pantera Capital Predicts Bitcoin Price Surge To $117,000: Insight Into The Timing And Factors

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The Bitcoin price has experienced heightened volatility over the past week. After recovering from a low of $56,500, the largest cryptocurrency in the market surged to $65,500 within four days. However, it has since retraced some of its gains and is currently testing the $61,000 support level.  Despite this volatility and the absence of strong… Continue reading Pantera Capital Predicts Bitcoin Price Surge To $117,000: Insight Into The Timing And Factors→

CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?

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Ki Young Ju, CEO of cryptocurrency analysis firm CryptoQuant, has given an ultra-bullish prediction for Bitcoin. The crypto founder alluded to certain factors that could spark the flagship crypto’s rise to such heights.  Bitcoin Could Rise To As High As $265,000 Young Ju mentioned in an X (formerly Twitter) post that “Bitcoin’s network fundamentals could… Continue reading CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?→

Analyst Narrows Down Timeline For Bitcoin Peak This Bull Cycle

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Rekt Capital a popular cryptocurrency expert has Bitcoin Halving event. Bitcoin Peak On The Horizon Today, May 9, BTC’s price witnessed a drop below the $61,000 price level, demonstrating a potential move on the downside. However, Rekt Capital is unshaken by this move as he believes the more Bitcoin consolidates between current price levels and… Continue reading Analyst Narrows Down Timeline For Bitcoin Peak This Bull Cycle→

Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?

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Movement and accumulation from crypto whales are two of the catalysts for Bitcoin price increases. Although major whales are still buying the dip, on-chain data indicates a general waning accumulation momentum which suggests their conviction might actually be waning.  According to IntoTheBlock, an on-chain analytics firm, Bitcoin whale accumulation volumes have declined substantially in each… Continue reading Bitcoin Whales Lose Interest, Is This A Precursor For A Crash To $50,000?→

Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains

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The CEO of analytics firm CryptoQuant has explained how the Bitcoin network fundamentals could support a market cap three times the current size. Bitcoin Hashrate/Market Cap Ratio Could Reveal Ceiling For Cycle In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about what the network fundamentals could reveal about… Continue reading Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains→

Bitcoin Bears Keeps Pushing, Why BTC Could Turn Bearish Below $60K?

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Bitcoin price extended losses and traded below the $62,500 zone. BTC is showing bearish signs and might turn bearish if it settles below $60,000. Bitcoin followed a bearish path and traded below $62,500. The price is trading below $63,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with… Continue reading Bitcoin Bears Keeps Pushing, Why BTC Could Turn Bearish Below $60K?→

Fundstrat CEO Predicts When Bitcoin Price Will Reach $150,000 And $500,000

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Thomas Jong Lee, the Chief Executive Officer (CEO) of Fundstrat, an independent financial research boutique, has maintained a bullish stance on Bitcoin. The financial analyst has predicted that the world’s largest cryptocurrency could surge massively, doubling its current price to reach $150,000 during the 2024 crypto market cycle.  Bitcoin Could Go Parabolic In 2024 During… Continue reading Fundstrat CEO Predicts When Bitcoin Price Will Reach $150,000 And $500,000→