Tag Archives: BTCUSDT

Research Firm Predicts Bullish Bitcoin Breakout For Q4: 4 Key Reasons

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Matrixport, a digital asset financial services group born from Bitmain, an industry leader in Bitcoin mining, projects a bullish breakout for Bitcoin in the upcoming fourth quarter of 2024. In their latest research report titled “Matrix on Target: Bullish Prospects for Bitcoin in Q4,” the firm provides four reasons to be bullish in the upcoming… Continue reading Research Firm Predicts Bullish Bitcoin Breakout For Q4: 4 Key Reasons→

Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst

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Bitcoin remains volatile at spot rates. Despite the spectacular recovery yesterday, August 1, the downtrend remains, at least for now. Specifically, looking at the candlestick arrangement in the daily chart, there could be more growth once prices break $70,000. Before then, traders are closely monitoring price action aware that there could be more losses, pushing… Continue reading Bitcoin Down But Not Out: BTC To $700,000 Highly Probable Says Analyst→

Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January

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Regulated spot Bitcoin ETFs (exchange-traded funds) in the United States have seen a resurgence in inflows following significant selling pressure over the past two months that sent the largest cryptocurrency on the market to a 6-month low of $53,500 on July 5. Bitcoin ETFs And Institutions Now Control 9% Of Total Supply Data from analytics… Continue reading Bitcoin ETFs On A Buying Spree, Scoop Up Nearly 300,000 BTC Since January→

Would Bitcoin Fall Below $60,000 Again? Analyst Reveals A Concerning Trend For BTC

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Amid the continuous blend of bulls and bears from Bitcoin in recent months, Trading Guru Peter Brandt has shared in his latest downward trend. The legendary trader said in a recent post on Elon Musk’s social media platform X: “The series of lower highs and lower lows continues.” What Are the Implications Of This Pattern… Continue reading Would Bitcoin Fall Below $60,000 Again? Analyst Reveals A Concerning Trend For BTC→

Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?

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On-chain data shows a particular Bitcoin whale who accumulated almost $400 million between July 30 and 31. This whale is believed to have purchased the flagship crypto, having seen an opportunity to profit massively thanks to Bitcoin’s recent price action.  Bitcoin Whale Purchases Almost $400 Million Worth Of BTC On-chain analytics platform Lookonchain revealed in… Continue reading Why Did This Crypto Whale Spend $400 Million Buying Bitcoin Yesterday?→

Bitcoin’s Price Potential: Analyst Maps Path To $700,000 And Beyond

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Bitcoin has been on a rollercoaster ride ever since it reached its all-time high (ATH) of $73,737 back in March. However, regardless of that, several analysts and traders in the crypto community remain persistent in their bullish outlook for the asset. An example is Willy Woo, a well-known figure in the crypto sector. Earlier today,… Continue reading Bitcoin’s Price Potential: Analyst Maps Path To $700,000 And Beyond→

Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’ – Here’s Why

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Matt Hougan, Chief Investment Officer (CIO) of Bitwise, claims in a new memo to investors following the 2024 Bitcoin Conference that the market may not be bullish enough about the future of BTC. The conference was a watershed moment that attracted massive political attention and could influence the future trajectory of Bitcoin heavily. Why You… Continue reading Bitwise CIO On Bitcoin: ‘We’re Not Bullish Enough’ – Here’s Why→

Bitcoin Holds Ground At $65,700 Amid Unchanged Fed Rates, Anticipating September Moves

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In the wake of the highly anticipated address by Federal Reserve Chair Jerome Powell, Bitcoin (BTC) maintained a steady course on Wednesday as the Fed opted to keep interest rates unchanged at 5.25%-5.50%.  Crypto Market Awaits Fed’s Next Move Powell, speaking at a press conference in Washington DC, hinted at the possibility of rate reductions… Continue reading Bitcoin Holds Ground At $65,700 Amid Unchanged Fed Rates, Anticipating September Moves→

Is Bitcoin Poised for a September Price Surge? What Traders Need to Know

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As summer is currently fast approaching, several crypto traders and analysts have cranked up their optimism for Bitcoin price trajectory. Among them is well-known crypto analyst, Rekt Capital, who has recently analyzing recent trends and historical data. What the Bullish September Sentiment Is Based On Rekt Capital pointed out that despite Bitcoin’s failure to break… Continue reading Is Bitcoin Poised for a September Price Surge? What Traders Need to Know→

Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens

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Hedge fund manager James Lavish has predicted that Bitcoin could rise to $428,000 at some point. He also mentioned what needs to happen for the flagship crypto to reach such an ambitious price target.  How Bitcoin Could Rise To $428,000 Lavish mentioned in an X (formerly Twitter) Bitcoin would rise to $428,000 when it becomes… Continue reading Hedge Fund Manager Says Bitcoin Price Will Reach $428,000 If This Happens→