Tag Archives: btcusd

Bitcoin Price Bounces Back To $64,500 But Is It Enough To Avoid Drop?

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Bitcoin price found support at $61,800 and recovered higher. BTC jumped to $64,500 and is currently consolidating gains above $63,500. Bitcoin started another increase after it found support near the $61,800 zone. The price is trading above $63,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line… Continue reading Bitcoin Price Bounces Back To $64,500 But Is It Enough To Avoid Drop?→

Hong Kong Bitcoin ETF Readies For Stellar Debut, Expected To Outshine $125M US Launch

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The eagerly anticipated Hong Kong Bitcoin ETF market is scheduled to commence trading on Tuesday, marking a significant milestone in the increasing adoption of the leading cryptocurrency and building upon the success of the US ETF market.  With their approval, the newly regulated index funds are poised for a noteworthy debut, surpassing the first-day inflows… Continue reading Hong Kong Bitcoin ETF Readies For Stellar Debut, Expected To Outshine $125M US Launch→

Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins

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On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain analytics firm Total Amount of Holders,” which keeps track of the total number of addresses on a… Continue reading Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins→

Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000

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Crypto analyst DonAlt has outlined a scenario where the Bitcoin price could drop to as low as the mid-$40,000. He further suggests that this price breakdown might be necessary for the continuation of BTC’s bull run. How Bitcoin Could Drop To As Low As $47,000 In an price breakout below the $60,000 range would see… Continue reading Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000→

This Bitcoin Metric Foreshadowed Recent Price Drops, Quant Reveals

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A quant has pointed out how a Bitcoin metric may have detected selling pressure in the market, and therefore, the subsequent price drops, in advance. Bitcoin CDD Registered Spikes Before Recent Price Plunges In a new Coin Days Destroyed (CDD) on-chain indicator may be used to identify selling pressure in the market early. A “coin… Continue reading This Bitcoin Metric Foreshadowed Recent Price Drops, Quant Reveals→

Bitcoin Long-Term Outlook: Analyst Foresees Peak In Late 2025

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Following the fourth Bitcoin Halving, Rekt Capital, a popular cryptocurrency trader and expert, has offered a compelling narrative on the future trajectory of Bitcoin, predicting that the crypto asset could peak this bull cycle in the following year. Rekt Capital’s analysis emphasizes on the possibility that this current cycle could reiterate past Halving cycle trends,… Continue reading Bitcoin Long-Term Outlook: Analyst Foresees Peak In Late 2025→

CryptoQuant Analyst Reveals Signal That Shows Bitcoin Is Still Very Bullish

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The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down by 2.96% and 6.14% in the past 24 hours and seven days, respectively. … Continue reading CryptoQuant Analyst Reveals Signal That Shows Bitcoin Is Still Very Bullish→

Legendary Trader Predicts When Bitcoin’s Bull Run Will End

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In a recent analysis, veteran trader Peter Brandt delved into the price behavior of Bitcoin, suggesting that the cryptocurrency might have reached its peak for the current cycle. According to Brandt, Bitcoin is exhibiting signs of “Exponential Decay,” indicating a weakening in the momentum of its bull market cycles over the years. “Does history make… Continue reading Legendary Trader Predicts When Bitcoin’s Bull Run Will End→

Bitcoin Price Grinds Lower As Bears Aim For New Monthly Low

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Bitcoin price struggled to settle above the $65,000 zone. BTC is again moving lower and there is a risk of more downsides below $62,000. Bitcoin started another decline after it failed to surpass the $64,000 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There is a key bearish… Continue reading Bitcoin Price Grinds Lower As Bears Aim For New Monthly Low→

Expert Says Bitcoin Price Has Topped And Is In Exponential Decay, Why This Is Not A Bad Thing

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Crypto expert Peter Brandt has boldly claimed that the Bitcoin top for this market cycle may already be in. He made this conclusion based on his “exponential decay” thesis, which he noted may actually be good for the Bitcoin ecosystem. Why Bitcoin’s Price Has Topped Brandt explained that historical data suggests that Bitcoin’s price has… Continue reading Expert Says Bitcoin Price Has Topped And Is In Exponential Decay, Why This Is Not A Bad Thing→