Tag Archives: BTCUSDT

Hidden Bitcoin Agenda? CryptoQuant CEO Weighs In On Ongoing Rise In BTC Accumulation

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Over the past few days, Bitcoin (BTC) has seen a significant surge in whale accumulation. Ali highlighted that the “number of BTC addresses holding 100+ BTC increased from 15,913 to 16,006 during the recent correction. While this trend is noteworthy because it suggests whales bought the dip, Ki Young Ju, the CEO of CryptoQuant, an on-chain… Continue reading Hidden Bitcoin Agenda? CryptoQuant CEO Weighs In On Ongoing Rise In BTC Accumulation→

Bitcoin Price Eyes Additional Upsides: Will The Recovery Persist?

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Bitcoin price is consolidating near the $57,500 zone. BTC could gain bullish momentum if it clears the $58,000 resistance zone in the near term. Bitcoin started a recovery wave above the $55,500 and $56,500 levels. The price is trading above $57,000 and the 100 hourly Simple moving average. There was a break above a key… Continue reading Bitcoin Price Eyes Additional Upsides: Will The Recovery Persist?→

MicroStrategy’s Michael Saylor Reveals Bitcoin Holdings Top $1 Billion

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In a bold display of faith in the future of the largest cryptocurrency on the market, Bitcoin (BTC), MicroStrategy co-founder and executive chairman Michael Saylor has disclosed that he owns around $1 billion. Saylor’s Bitcoin Vision Unshaken In a recent interview with Bloomberg Television, Saylor disclosed that he has been steadily accumulating Bitcoin over the… Continue reading MicroStrategy’s Michael Saylor Reveals Bitcoin Holdings Top $1 Billion→

Analyst Says Bitcoin Bottom Is Not In, Will Price Crash Below $50,000 Again?

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Crypto analyst Altcoin Sherpa recently suggested that the Bitcoin bottom isn’t yet in and that the flagship crypto could still drop to new lows. Meanwhile, other crypto analysts like Mikybull Cypto have made a case for why the bottom is in and suggested that it is unlikely that Bitcoin will drop below $50,000 again.  Bitcoin… Continue reading Analyst Says Bitcoin Bottom Is Not In, Will Price Crash Below $50,000 Again?→

$0 Flows: BlackRock Unshaken Despite Recent Bitcoin Market Crash, Data Shows

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Bitcoin and the broader crypto market faced a notable price plunge on Monday, with the global crypto market cap losing $100 billion in valuation and total liquidations surpassing $1 billion. Interestingly, despite this so-called ‘Red Monday,’ Eric Balchunas, a Bloomberg Senior exchange-traded fund (ETF) analyst, revealed in a post uploaded earlier today that investors of… Continue reading $0 Flows: BlackRock Unshaken Despite Recent Bitcoin Market Crash, Data Shows→

Analyst Predicts Bitcoin Could Plunge Back To $51,000 On Wedge Pattern Breakdown

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Bitcoin may be experiencing a price recovery towards the $57,000 level after a sharp 20% drop on Monday that sent the largest cryptocurrency on the market to a low of $49,000 not seen since February. Still, BTC is not out of the woods yet, as a concerning pattern has emerged on its 10-day chart.  Analysts… Continue reading Analyst Predicts Bitcoin Could Plunge Back To $51,000 On Wedge Pattern Breakdown→

Is Bitcoin Really Safe? New Insights from ‘Black Swan’ Author on Recent Crash

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Bitcoin has led a global crypto market downturn in the past few days, with the asset down to as low as $49,751 on August 5. This significant plunge from Bitcoin has been attributed by many to the downturn in the Japanese markets. The Trigger in Japan Speaking on the crash, Nassim Nicholas Taleb, a risk… Continue reading Is Bitcoin Really Safe? New Insights from ‘Black Swan’ Author on Recent Crash→

Bitcoin Price Gains Strength: 100 SMA Crucial for Sustained Gains

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Bitcoin price started a recovery wave above the $55,000 resistance. BTC must clear the 100 hourly SMA to continue higher in the near term. Bitcoin started a recovery wave above the $53,500 and $55,500 levels. The price is trading below $58,000 and the 100 hourly Simple moving average. There is a contracting triangle forming with… Continue reading Bitcoin Price Gains Strength: 100 SMA Crucial for Sustained Gains→

Bitwise CIO Believes The Crypto Crash Sets The Stage For Bitcoin To Thrive – Key Reasons Why

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In the aftermath of a tumultuous week that saw Bitcoin (BTC) plummet to a seven-month low of $49,000 on Monday, global financial markets were rattled by a significant downturn, sparking concerns across stock exchanges and the crypto sphere.  However, amid the chaos, Bitwise’s Chief Investment Officer Matt Hougan analyzed the drivers behind the recent market… Continue reading Bitwise CIO Believes The Crypto Crash Sets The Stage For Bitcoin To Thrive – Key Reasons Why→

Bitcoin Crash Over? Veteran Trader Predicts Rebound To $90,000

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The Bitcoin crash may be over, as a crypto trader has predicted a significant rebound for the pioneer cryptocurrency, foreseeing Bitcoin soaring to new all-time highs of $90,000. This bullish projection comes amid the recent downtrend in the price of Bitcoin, which saw a dramatic crash below $50,000 at some point over the past few… Continue reading Bitcoin Crash Over? Veteran Trader Predicts Rebound To $90,000→