Tag Archives: BTCUSDT

Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?

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After testing the low $90,000 price level multiple times over the past two months, Bitcoin (BTC) briefly broke out of its tight trading range earlier this week, reaching a new all-time high (ATH) of $108,786. However, a recent report by Glassnode suggests that the sustained consolidation observed in recent months may be nearing its end,… Continue reading Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?→

Bitcoin Capital Inflows See Notable Slowdown, But Is This A Worry?

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On-chain data shows the capital inflows into Bitcoin have slowed down since last year’s high. Here’s what this could mean for BTC’s price. Bitcoin Realized Cap Continues To Grow, Albeit At A Slower Rate According to data from the on-chain analytics firm Realized Cap,” which is a capitalization model for Bitcoin that calculates its total… Continue reading Bitcoin Capital Inflows See Notable Slowdown, But Is This A Worry?→

Bitcoin Hovers Above $104K—Analyst Reveals What’s Next Based on Funding Rates

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Bitcoin currently appears to be taking a breather after achieving a new all-time high (ATH) above $109,000 earlier this week. So far, the asset has seen a slightly reduced upward momentum with the price just hovering above $104,000.  However, despite the slowing upward momentum, Bitcoin’s recent performance has prompted renewed interest in the market. CryptoQuant… Continue reading Bitcoin Hovers Above $104K—Analyst Reveals What’s Next Based on Funding Rates→

MicroStrategy Expands Its Bitcoin Empire: Acquires 11,000 BTC For $1.1 Billion

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On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC)  for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter).  This acquisition marks the company’s 11th consecutive week of Bitcoin purchases, reinforcing its status as a significant player in the digital currency… Continue reading MicroStrategy Expands Its Bitcoin Empire: Acquires 11,000 BTC For $1.1 Billion→

Trader Greed Strikes Again: Bitcoin Corrects To $102,000 After FOMO Spike

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Bitcoin has observed a retrace from its new all-time high after users on the major social media platforms displayed overexcitement. Bitcoin FOMO On Social Media Spiked During Recent Rally In a new rally to the new all-time high. Whenever volatility emerges in the market, users on these platforms start sharing about which levels they think… Continue reading Trader Greed Strikes Again: Bitcoin Corrects To $102,000 After FOMO Spike→

1 Million Bitcoin Pulled From Exchanges In The Past 3 Years: What It Means For The BTC Market

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Undoubtedly, Bitcoin has seen significant growth over the past years both in market price and as a network, solidifying its reputation as a considerable financial haven. Adding more credibility to this fact, a CryptoQuant analyst known as Gaah recently highlighted a notable trend: a large volume of Bitcoin—roughly 1 million BTC—has been withdrawn from crypto… Continue reading 1 Million Bitcoin Pulled From Exchanges In The Past 3 Years: What It Means For The BTC Market→

Bitcoin Price Retreats After Fresh ATH: A Pause Before the Next Surge?

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Bitcoin price started a short-term downside correction after setting a new all-time high. BTC is consolidating above $101,000 and might aim for a fresh increase. Bitcoin started a downside correction from the $109,000 zone. The price is trading below $104,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming… Continue reading Bitcoin Price Retreats After Fresh ATH: A Pause Before the Next Surge?→

Analyst Says Bitcoin Is Entering Second ‘Price Discovery Uptrend’, What’s Ahead For BTC?

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As the new crypto-friendly administration takes office, crypto investors expect a likely volatile market. However, some analyst shared their bullish predictions as Bitcoin (BTC) hit its latest all-time high (ATH) of $109,000. Bitcoin Hits New ATH On Inauguration Day Last week, Bitcoin surged past the $100,000 barrier for the first time in over ten days… Continue reading Analyst Says Bitcoin Is Entering Second ‘Price Discovery Uptrend’, What’s Ahead For BTC?→

Analyst Says Bitcoin Price Could Retest Substantially Below $100,000 If This Level Fails

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Bitcoin’s recent rise above $100,000 has kept the market on edge as bullish momentum attempts to establish a new liquidity zone beyond this milestone. This push has introduced significant volatility over the past 24 hours, with Bitcoin fluctuating between $99,701 and $106,307 during this period. This intense volatility has allowed Bitcoin to achieve a daily… Continue reading Analyst Says Bitcoin Price Could Retest Substantially Below $100,000 If This Level Fails→

This Analyst Correctly Predicted The Bitcoin Price Crash To $99,000, Here’s What’s Supposed To Happen Next

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A crypto analyst who accurately forecasted the Bitcoin price crash to $99,000 has now made another notable prediction for the pioneer cryptocurrency. While the analyst’s previously bearish projection was driven by volatility and waning market demand for Bitcoin, his new forecast sees the cryptocurrency skyrocketing to new highs above $110,000, fueled by its recent bullish… Continue reading This Analyst Correctly Predicted The Bitcoin Price Crash To $99,000, Here’s What’s Supposed To Happen Next→