Tag Archives: btcusd

Key Fractal From 2023 Says Bitcoin Price Is Still Bullish, But A Crash To $90,000 Could Be Coming

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Crypto analyst X Force has drawn the crypto community’s attention to a key fractal from 2023, which paints a bullish picture for the Bitcoin price. However, the analyst suggested that a drop to $90,000 could still be on the cards for BTC, although that won’t invalidate the macro setup.  Key Fractal Shows Bitcoin Price Is… Continue reading Key Fractal From 2023 Says Bitcoin Price Is Still Bullish, But A Crash To $90,000 Could Be Coming→

Bitcoin Gold Rush 2.0? Treasuries Swell With 60 New Players

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Companies around the globe made 60 Bitcoin announcements in five days, signaling a surge in corporate interest. Between June 9 and 13, companies added thousands of BTC to their balance sheets and revealed plans for billions more. This week’s activity shows that more businesses are treating Bitcoin like any other financial asset. Six New Bitcoin… Continue reading Bitcoin Gold Rush 2.0? Treasuries Swell With 60 New Players→

Bitcoin Price Bounces Back: Bulls Eye New Upside Leg

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Bitcoin price started a fresh decline and tested the $103,200 zone. BTC is now recovering and might aim for a move above the $106,800 resistance. Bitcoin started a fresh decline below the $106,800 and $105,500 levels. The price is trading near $105,800 and the 100 hourly Simple moving average. There was a break above a… Continue reading Bitcoin Price Bounces Back: Bulls Eye New Upside Leg→

Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000

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The Bitcoin price, while still holding above $100,000, has not exactly inspired confidence in the crypto community recently. This comes as the digital asset failed to break above new all-time highs during last week’s rallies and, with the Israel-Iran conflict, saw a sharp plunge, erasing its weekly gains. Amid this, the bears have gained even… Continue reading Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000→

Bitcoin 656% Cyclical Gain Highlights Deep Market Demand – Glassnode

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The Bitcoin market continues to react negatively to rising geopolitical tensions between Israel and Iran which has induced a wave of concern in the financial markets.  Notably, the premier cryptocurrency has entered a consolidation movement between $105,000 – $106,000 following slight, after prices crashed to below $103,000 on Friday. Meanwhile, prominent analytics company Glassnode has… Continue reading Bitcoin 656% Cyclical Gain Highlights Deep Market Demand – Glassnode→

Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout

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Bitcoin is still trying to regain short-term bullish momentum, as shown by its price action in the past 24 hours. After briefly slipping below $104,500, the cryptocurrency bounced back to trade above $106,000, and technical analysis now shows a technical formation that could cause the start of a more extended rally.   Interestingly, as seen in… Continue reading Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout→

Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level

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Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range looks a lot like the $31,000–$64,000 sideways move before the sharp drop in early 2022. Traders and analysts are split over whether history is about to repeat itself or if fresh demand will keep Bitcoin… Continue reading Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level→

Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt

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A sudden wave of selling hit crypto markets in the early hours of Friday, as reports of an Israeli airstrike on Iran set off fresh jitters. Bitcoin sank 5%, slipping under the $104,000 mark. Altcoins fared worse, with losses ranging from 6% to 9%. Based on reports from Coinglass, more than $1 billion was wiped… Continue reading Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt→

Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake

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Bitcoin’s recent price action has shown signs of fading momentum three weeks after reaching a new all-time high of $111,814. The leading cryptocurrency climbed back above $110,000 on Monday off the back of cooling U.S. inflation data and a temporarily weaker dollar.  However, the rally was short-lived. Profit-taking, compounded by geopolitical tensions between Israel and… Continue reading Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake→

Bitcoin Is Just 0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst

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According to Walker, host of The Bitcoin Podcast, Bitcoin’s share of the world’s wealth is still tiny. It sits at about $2 trillion in market value. That’s just 0.2% of roughly $1 quadrillion held across all assets. For many investors, that number brings a sense of how early this market really is. Yet, it also… Continue reading Bitcoin Is Just 0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst→