Tag Archives: BTCUSDT

Bitcoin Hype Bites Back As BTC Crashes Under $64,000

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Data shows social media users had become overly excited about Bitcoin after the recent rally, which may be why BTC has retraced. Bitcoin Topped Out As Hype Around The Coin Shot Up According to data from the analytics firm Positive vs. Negative Sentiment Ratio,” which keeps track of the difference between the positive and negative… Continue reading Bitcoin Hype Bites Back As BTC Crashes Under $64,000→

Analyst Sees Bitcoin Reaching $8 Trillion Market Cap: What Price Will This Surge Bring?

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Bitcoin (BTC) reached a two-month high of $66,500 last Friday, fueled by fresh market liquidity and renewed investor confidence in risk assets following the US Federal Reserve’s (Fed) interest rate cut on September 18.  However, one analyst predicts that the cryptocurrency’s market capitalization and price could grow significantly in the coming years if the current… Continue reading Analyst Sees Bitcoin Reaching $8 Trillion Market Cap: What Price Will This Surge Bring?→

Bitcoin Price Back at Support: Can It Avoid a Breakdown?

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Bitcoin price started a fresh decline below the $65,000 level. BTC is now testing the $62,850 support zone and might start another increase. Bitcoin is correcting below the $65,500 zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line with resistance at $63,500 on… Continue reading Bitcoin Price Back at Support: Can It Avoid a Breakdown?→

Is Bitcoin Gearing Up For A Bigger Rally? Here’s What On-Chain Data Reveals

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Bitcoin has seen an uptick in price enough to recover from the losses in value from August. So far, the asset has surged by nearly 10% in the past two weeks alone, registering a 24-hour high of $66,000 earlier today, although BTC has now seen a slight retracement, currently trading at $63,508. Amid this price… Continue reading Is Bitcoin Gearing Up For A Bigger Rally? Here’s What On-Chain Data Reveals→

Bitcoin May Peak Around $200,000 In Next 18 Months: CleanSpark CEO Tells Why

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Zach Bradford, CEO of Bitcoin (BTC) mining firm CleanSpark, has predicted that the premier cryptocurrency may peak close to $200,000 this cycle. Bradford’s Bullish Take On BTC Price In an led to several positive adjustments for BTC’s price.  It should be recalled that Bitcoin underwent its fourth halving in April 2024, when its block confirmation… Continue reading Bitcoin May Peak Around $200,000 In Next 18 Months: CleanSpark CEO Tells Why→

US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi

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Since their approval in January 2024, Spot Bitcoin ETFs have been steadily gaining traction in the United States, with the issuers buying hundreds of thousands of BTC as their popularity spread. This has led to a large stash of BTC by these issuers as BlackRock leads the charge. Given their buying spree so far, the… Continue reading US Spot Bitcoin ETFs Become Second-Largest Holder Of BTC Behind Satoshi→

Bitcoin Price Corrects Recent Gains: Is a Deeper Dip Coming?

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Bitcoin price extended its increase above $66,000. BTC is now correcting gains below $65,500 and might continue to move down toward $64,000. Bitcoin is correcting gains from the $66,500 zone. The price is trading below $65,250 and the 100 hourly Simple moving average. There was a break below a short-term bullish trend line with support… Continue reading Bitcoin Price Corrects Recent Gains: Is a Deeper Dip Coming?→

Bitcoin Price To Witness Significant Gains In Last 3 Months Of 2024, Historical Data Shows

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The price of Bitcoin started the year on a bounce, securing a new all-time high before the end of the first quarter of 2024. However, the second and third quarters weren’t all that rosy for the crypto market, with the premier cryptocurrency largely moving within a consolidation range. September, the last month of the third… Continue reading Bitcoin Price To Witness Significant Gains In Last 3 Months Of 2024, Historical Data Shows→

3 Reasons Bitcoin Price Rally Is At Risk – Details

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Bitcoin emerged as an investors’ favorite this past week, recording a price rise of 4.07% according to data from CoinMarketCap. During this price surge, the premier cryptocurrency traded as high as $66,000, a level last reached in late July. However, despite this price gain which extends Bitcoin’s “unusual” positive performance in September, certain market conditions… Continue reading 3 Reasons Bitcoin Price Rally Is At Risk – Details→

Analyst Backs Bitcoin Hitting $290,000 In Bull Run – Here’s Why

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In what has been an “unusual” September, Bitcoin (BTC) has now recorded another positive weekly performance.  According to data from CoinMarketCap, the maiden cryptocurrency surged by 5.07% in the last seven days, moving its cumulative gain in this month to 11.30%. Interestingly, with Bitcoin halving since gone, analysts remain highly expectant of the traditional market… Continue reading Analyst Backs Bitcoin Hitting $290,000 In Bull Run – Here’s Why→