Tag Archives: BTCUSDT

How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In

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As the United States Federal rate cut is fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker has now shared their prediction on how this development could impact Bitcoin price. According to the analysts, the upcoming U.S. non-farm payroll report and Friday’s GDP data will play crucial roles in… Continue reading How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In→

Analysts Say Now Is the Time to Re-Accumulate Bitcoin—Here’s Why

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Bitcoin (BTC), after briefly reclaiming the $61,000 price mark yesterday has now fallen below it continuing its bearishness as of today. Amid this negative price action, the asset’s hash price, a key metric reflecting miners’ profitability, has reached historically low levels. According to a recent analysis by Woominkyu, a CryptoQuant analyst, this significant drop in… Continue reading Analysts Say Now Is the Time to Re-Accumulate Bitcoin—Here’s Why→

Bitcoin Price Retains Support: Is a Bounce Back on the Horizon?

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Bitcoin price remained stable above the $58,500 support zone. BTC is struggling and could only start a steady increase if it clears $61,500. Bitcoin is struggling to rise above the $60,200 and $61,500 resistance levels. The price is trading below $61,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line… Continue reading Bitcoin Price Retains Support: Is a Bounce Back on the Horizon?→

Bitcoin Reclaims $61,000: Key Levels To Watch For Continuous Surge

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Bitcoin has recently shown signs of recovery, reclaiming the $61,000 level after a brief but sharp decline earlier this week. This bounce back in price has sparked renewed interest among the crypto community, with many closely watching for the next key moves in the market. Particularly, this latest price action has led to various analyses,… Continue reading Bitcoin Reclaims $61,000: Key Levels To Watch For Continuous Surge→

Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year

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As global economic uncertainty looms, Bitcoin (BTC) has experienced increased volatility and is struggling to maintain its footing above critical resistance levels lost over the past month. The largest cryptocurrency on the market remains in a precarious position, but emerging signs could bode well for the BTC price and the broader crypto ecosystem. Fed’s Rate… Continue reading Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year→

Bitcoin’s Momentum at Risk? NVT Golden Cross Sends Warning Signals

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Bitcoin price action despite being wobbly in the past days, is still being discussed by analysts. Earlier today, a CryptoQuant analyst turned the spotlight to the Bitcoin’s NVT Golden Cross, a metric that has been known to signal potential local tops and bottoms in Bitcoin’s price. According to the analyst, Burak Kesmeci, this metric is… Continue reading Bitcoin’s Momentum at Risk? NVT Golden Cross Sends Warning Signals→

Bitcoin’s Sudden Drop: Could This Be a Setup for a Massive Rally? Analyst Weighs In

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Bitcoin, the world’s leading cryptocurrency, has experienced a noticeable decline in its price over the past two days, dropping from a high of $63,000 to as low as $57,000. This decrease can be considered as unexpected as it surprised many. So far, crypto analysts are reassessing their outlook on Bitcoin. Despite no hope of a bullish catalyst… Continue reading Bitcoin’s Sudden Drop: Could This Be a Setup for a Massive Rally? Analyst Weighs In→

Bitcoin Price Holds in Range: Can Bulls Launch a Recovery?

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Bitcoin price started a consolidation phase near the $58,500 level. BTC must clear the $60,500 resistance to start a recovery wave in the near term. Bitcoin tested the $58,000 zone before there was a minor recovery. The price is trading below $62,000 and the 100 hourly Simple moving average. There is a major bearish trend… Continue reading Bitcoin Price Holds in Range: Can Bulls Launch a Recovery?→

Signs Of A New Crypto Winter? Warren Buffett’s $1 Billion Stock Sales Spark Market Crash Fears

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Amid growing global economic uncertainties looming over financial markets, including crypto, Warren Buffett has made a significant move by selling an additional $982 million worth of Bank of America stock.  Buffett’s Sale Of Bank Of America Shares According to Bloomberg, this sale marks the continuation of his conglomerate’s reduction of investments in the second-largest US… Continue reading Signs Of A New Crypto Winter? Warren Buffett’s $1 Billion Stock Sales Spark Market Crash Fears→

Buying Bitcoin Now Is Like Getting It Below $10,000 In 2019: Experts

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Bitcoin is weaving through a consolidation phase since marking a new all-time high of $73,777 in mid-March. Since then, Bitcoin’s daily closing prices have exhibited significant restraint, never sealing above $71,500 and maintaining a floor above $54,000, though it has seen a major intraday low touching $49,000. This consolidation phase has nudged the Fear and… Continue reading Buying Bitcoin Now Is Like Getting It Below $10,000 In 2019: Experts→