Bitcoin Long-Term Holders Offload Over 177k BTC: Is A Price Surge Or Correction Next?

Bitcoin, often influenced by long-term holders’ (LTH) decisions, has witnessed significant selling activity among this investor group over the past week. While the reason behind the long-term holders offloading Bitcoin is not certain, the move appears to have impacted BTC, resulting in the recent correction in its price dropping below the $70,000 price mark. Bitcoin’s… Continue reading Bitcoin Long-Term Holders Offload Over 177k BTC: Is A Price Surge Or Correction Next?

Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch – Details Inside

Bitcoin (BTC) exchange-traded funds (ETFs) have collectively acquired over one million BTC in less than a year since their launch, reflecting strong demand for the digital asset among investors. Bitcoin ETFs Surpass One Million BTC Milestone According to a chart shared by crypto analyst Ali Martinez on X, the cumulative BTC holdings in Bitcoin ETFs… Continue reading Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch – Details Inside

Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date

Cartwright, an independent business and specialist pension scheme advisor, urges UK institutional investors to embrace Bitcoin following the nation’s first allocation to a defined benefit (DB) scheme.  Cartwright’s New Allocation Strategy In its announcement, Cartwright, specializing in defined benefit and hybrid pension schemes, emphasized the significance of incorporating Bitcoin into retirement plans.  The firm recently… Continue reading Record-Breaking 3% Bitcoin Investment By UK’s Cartwright Fund: Largest BTC Allocation To Date

Bitcoin Faces Threat Of Falling To $63,000 Despite Rising Odds For Trump’s Election Victory

As the United States braces for the outcome of the closely contested presidential election between former President Donald Trump and Vice President Kamala Harris, Bitcoin (BTC) has experienced a price drop, now hovering around the $68,000 mark.  BTC Faces Key Support Levels Bitcoin has struggled to surpass its all-time high of $73,700, a level achieved… Continue reading Bitcoin Faces Threat Of Falling To $63,000 Despite Rising Odds For Trump’s Election Victory

Bitcoin Price Forecast: What To Expect In The Final 24 Hours Before US Election

As the US presidential election approaches, the Bitcoin price has found a stable support range between $68,000 and $69,000, just shy of its all-time high earlier this year.  While the cryptocurrency has struggled to surpass this significant milestone, investor sentiment remains cautiously optimistic, with expectations for further price increases tempered by anticipated market volatility in… Continue reading Bitcoin Price Forecast: What To Expect In The Final 24 Hours Before US Election

Bitcoin Price Eyes $70K Comeback: Will Bulls Push It Higher?

Bitcoin price is correcting losses from the $67,500 zone. BTC is recovering and might soon aim for a move above the $70,000 resistance zone. Bitcoin started a fresh decline from the $72,500 zone. The price is trading below $70,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend… Continue reading Bitcoin Price Eyes $70K Comeback: Will Bulls Push It Higher?

Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000

Bitcoin bear case scenario that could see the pioneer cryptocurrency decline to $28,000.  Bitcoin Bear Case Unveiled In an X (formerly Twitter)bearish scenario for Bitcoin than most analysts have suggested. Basing his bearish scenarios on the cycle theory, Loukas proposes that Bitcoin might be part of the broader 16-year cycle, with the current market marking… Continue reading Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000

Spot ETFs Fail To Ignite Bitcoin Growth – Analyst

The Spot Bitcoin ETFs have become a major headliner recently due to heightened levels of market inflows. According to data from SoSoValue, these ETFs have attracted over $5 billion in investments over the past three weeks coinciding with an impressive Bitcoin price rally of over 23%. However, amidst this euphoria, macro investment researcher Jim Bianco… Continue reading Spot ETFs Fail To Ignite Bitcoin Growth – Analyst

Bitcoin May Slide To $65,000 As Critical Support Level Fails – Details

The price of Bitcoin has experienced some instability in the last few hours declining by almost 3%. This negative price action drives more attention to the largest digital asset, especially with the US election fast approaching. While many analysts are now skeptical of Bitcoin’s immediate movements, pro-trader Justin Bennett already issued a cautionary insight into… Continue reading Bitcoin May Slide To $65,000 As Critical Support Level Fails – Details

Bitcoin ETFs Crucial To Sustain Current Buying Pressure – Details

The price of Bitcoin recorded significant leaps in the past month rising by 14.74% according to data from CoinMarketCap. During this price rally, the premier cryptocurrency came close to establishing a new market all-time high, reaching a local peak of $73,149 on October 29. Interestingly, CryptoQuant CEO Ki Young Ju has stated a certain condition… Continue reading Bitcoin ETFs Crucial To Sustain Current Buying Pressure – Details