Bitcoin Dominates $3.4 Billion October Crypto Inflows—What’s Behind the Boom?

Investment activity in digital assets surged almost throughout October, as crypto investment products, especially that of Bitcoin, experienced substantial inflows, according to the latest data released by CoinShares. Last week alone, global crypto funds attracted $901 million in net inflows, pushing the total for the month to $3.4 billion. Bitcoin Dominates Inflows As Ethereum Sees… Continue reading Bitcoin Dominates $3.4 Billion October Crypto Inflows—What’s Behind the Boom?

VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050

As Bitcoin rebounds from its brief correction and approaches the $70,000 mark, Matthew Sigel, head of digital asset research at asset manager and crypto ETF issuer VanEck, shared his insights on the cryptocurrency’s potential trajectory in light of the upcoming US presidential election and broader economic factors in a recent CNBC interview. Bitcoin Recovery Tied… Continue reading VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050

‘Bird Beak Sign’ Appears On Bitcoin Price Heikin Ashi Chart, Analyst Explain What This Means

The Bitcoin price may be on the verge of hitting new all-time highs as a crypto analyst has unveiled the emergence of a new technical indicator called the “Bird Beak Sign.” Spotted on the Bitcoin Heikin Ashi chart, the analyst suggests that this technical pattern indicates a potential price rally is imminent.  ‘Bird Beak’ Pattern… Continue reading ‘Bird Beak Sign’ Appears On Bitcoin Price Heikin Ashi Chart, Analyst Explain What This Means

Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?

Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at… Continue reading Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?

Bitcoin Stock To Flow Model Shows Price Is Ready For Next Phase Transition Above $100,000

Bitcoin is on its way to retesting the $69,000 price level again in the early hours of Monday, October 28, as the bulls look to start the week on a positive note. A notable break above $69,000 would set the stage for a sustained rally in the coming months. Speaking of sustained rally, the Bitcoin… Continue reading Bitcoin Stock To Flow Model Shows Price Is Ready For Next Phase Transition Above $100,000

Spot Bitcoin ETFs Attract Nearly $1 Billion Inflows, Marks 3-Week Positive Streak- Details

The US-based spot Bitcoin ETFs has produced another impressive performance in the past week recording nearly $1 billion in total inflows. Meanwhile, the spot Ethereum ETFs have struggled to maintain a positive form with outflows dominating the market in the same period. Spot Bitcoin ETFs Attract $3 Billion In 11 Days Following a splendid performance… Continue reading Spot Bitcoin ETFs Attract Nearly $1 Billion Inflows, Marks 3-Week Positive Streak- Details

Bitcoin Price To Go ‘Vertical’ Towards $200,000 As Crypto Analyst Points Out Massive Cup And Handle Pattern

The Bitcoin price could see its price surging dramatically to $200,000, with the formation of a new Cup and Handle pattern. While the pioneer cryptocurrency has been slowly recovering from bearish trends to reach the $70,000 mark, a rally to $200,000 would mark a historical milestone and a new All-Time-High (ATH) for BTC.  Technical Pattern… Continue reading Bitcoin Price To Go ‘Vertical’ Towards $200,000 As Crypto Analyst Points Out Massive Cup And Handle Pattern

Bitcoin Short Positions Face Serious Risk Above $68,500 – Details

Bitcoin has experienced a volatile week, with prices oscillating between a local high of $69,500 and a low of $65,000. After weeks of excitement and upward momentum, the market has cooled off, and BTC is currently consolidating below the critical $70,000 level. This consolidation phase is crucial as traders assess the next potential move for… Continue reading Bitcoin Short Positions Face Serious Risk Above $68,500 – Details

Bitcoin Could See ‘One Last Shakeout’ In November, Here Are The Levels To Watch

Bitcoin (BTC) has recorded a remarkable surge in the past 14 days, nearing the $70,000 mark earlier this week. However, some market watchers shared their worries about the recent retraces, suggesting the cryptocurrency could face another correction ahead of the US Presidential election. Bitcoin To Face Another Shakeout Soon This ‘Uptober,’ Bitcoin has recorded a… Continue reading Bitcoin Could See ‘One Last Shakeout’ In November, Here Are The Levels To Watch

Bitcoin Exchange Whale Ratio Hits New High Since 2022 — Impact On Price?

Based on price action data, the last two weeks in October are the most bullish period in the Bitcoin price history. However, why that hasn’t been the story for the premier cryptocurrency over the past two weeks seems to be the question on every investor’s mind. The price of BTC has failed to capitalize on… Continue reading Bitcoin Exchange Whale Ratio Hits New High Since 2022 — Impact On Price?