Tag Archives: BTCUSDT

October To Remember: Descending Broadening Wedge Says Bitcoin Is Going To $90,000

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Fed rate cuts.  Descending Broadening Wedge Could Send Bitcoin To $90,000 In an X post, Jelle mentioned a descending broadening wedge pattern that had formed on Bitcoin’s chart. He claimed that the pattern has a price target of $90,000 and added that he expects the price breakout to this target to begin in October. The… Continue reading October To Remember: Descending Broadening Wedge Says Bitcoin Is Going To $90,000→

Will Bitcoin Bullish Swing Continue? Top Analyst Says Yes

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An analyst has explained how Bitcoin will likely continue the latest bullish swing, at least in the short-term. Bitcoin Spot Exchange Supply Has Been On The Decline Recently In a new post on X, analyst Willy Woo has discussed the short-term and medium-term trajectories that BTC could follow. For the former, the analyst says the… Continue reading Will Bitcoin Bullish Swing Continue? Top Analyst Says Yes→

Bitcoin Exchange On The Horizon For Europe’s 3rd Biggest Stock Exchange – Details

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According to the Financial Times, the Swiss stock exchange SIX, the third largest in Europe, is exploring the possibility of launching a new Bitcoin and crypto exchange in the country, aiming to position itself to compete with exchanges like Binance, OKX and Coinbase.  SIX Group Plans New Bitcoin Trading Venue Bjørn Sibbern, Global Head of… Continue reading Bitcoin Exchange On The Horizon For Europe’s 3rd Biggest Stock Exchange – Details→

Bitcoin Price Surges After Fed Rate Cut: New Rally Ahead?

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Bitcoin price started another increase above the $60,500 resistance. The Fed reduced rates by 0.50%, sparking a bullish wave in BTC toward $62,500. Bitcoin is gaining pace above the $60,200 resistance zone. The price is trading above $60,500 and the 100 hourly Simple moving average. There was a break above a short-term declining channel with… Continue reading Bitcoin Price Surges After Fed Rate Cut: New Rally Ahead?→

Crypto Analyst Says Bitcoin All-Time High Only A Month Away After Breaking $60,000

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Bitcoin (BTC) could be gearing up for a new All-Time High (ATH) this year if it breaks through key resistance levels at $60,000. Despite experiencing substantial volatility and price instability over the past few months, analysts express bullish optimism for the cryptocurrency in the coming months.  New Bitcoin All-Time High Incoming The Bitcoin price chart… Continue reading Crypto Analyst Says Bitcoin All-Time High Only A Month Away After Breaking $60,000→

BREAKING: Fed Cuts Rates—Bitcoin And Markets React With A Bang

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The long-awaited day has arrived: the US Federal Reserve (Fed) has announced its decision to cut interest rates, with significant implications for both Bitcoin (BTC) and the broader cryptocurrency market. Following the announcement, the markets reacted with notable volatility. Bullish Outlook For Bitcoin Just moments ago, the Fed disclosed its decision to reduce the federal… Continue reading BREAKING: Fed Cuts Rates—Bitcoin And Markets React With A Bang→

CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms

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Traders on the Chicago Mercantile Exchange (CME) have been increasing their short positions on Bitcoin futures ahead of the US Federal Reserve’s interest rate decision, according to K33 analyst David Zimmerman. This move indicates a cautious approach in the market, as the Federal Open Market Committee (FOMC) is expected to announce its latest interest rate… Continue reading CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms→

Bitcoin Toughest Time Over: Why Q4 Could Be A Game-Changer

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An analyst has explained how the worst could be behind for Bitcoin, and Q4 may bring back bullish momentum if history is anything to go by. Q3 Has Historically Been The Worst Time For Bitcoin Investors In a new post on X, Capriole Investments founder Charles Edwards talked about how investors are going through the… Continue reading Bitcoin Toughest Time Over: Why Q4 Could Be A Game-Changer→

Crypto Analyst Reveals Key Insights into Bitcoin’s Bull-Bear Transition Phase

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Bitcoin has long been characterized by its cycles of bull and bear markets, each marked by the trajectory of its price movements. However, the crypto appears to be in a transitional phase, according to a CryptoQuant analyst under the pseudonym CryptoHell. CryptoHell has recently shared insights into Bitcoin’s current market cycle, providing investors with key… Continue reading Crypto Analyst Reveals Key Insights into Bitcoin’s Bull-Bear Transition Phase→

Bitcoin Price Bounces Back, But Can It Sustain Above $60K?

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Bitcoin price started another increase above the $58,500 resistance. BTC is back above $60,000 and again struggling to continue higher. Bitcoin is correcting gains from the $61,200 resistance zone. The price is trading above $59,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $60,500 on… Continue reading Bitcoin Price Bounces Back, But Can It Sustain Above $60K?→