Tag Archives: BTCUSDT

Bitcoin Price Hints at Downside: Preparing for Potential Declines

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Bitcoin price corrected gained from the $66,000 resistance level. BTC dipped below $64,000 and might extend losses in the short term. Bitcoin started a fresh downside correction from the $66,000 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line… Continue reading Bitcoin Price Hints at Downside: Preparing for Potential Declines→

Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why

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Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has traditionally opened the door to massive gains. Indicator of Market Recovery According to… Continue reading Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why→

Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?

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Crypto analyst Rekt Capital has provided insights into the Bitcoin future trajectory. Based on his analysis, the flagship crypto might not yet be ready for its next leg up, which could see it climb back above $70,000.  Bitcoin Not Yet Ready To Establish $65,000 As New Support Rekt Capital claimed in an X (formerly Twitter)… Continue reading Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?→

Billions Worth Of Bitcoin Pulled From Exchanges: Is BTC Preparing For $72,000?

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Bitcoin is steady when writing, floating above immediate support levels and inches away from reclaiming the all-important local liquidation line at around $66,000. Even as the broader crypto community expects buyers to step in and push prices higher, there are exciting developments that buttress this outlook. Billions Worth Of BTC Pulled From Exchanges According to… Continue reading Billions Worth Of Bitcoin Pulled From Exchanges: Is BTC Preparing For $72,000?→

Why Did The German Government Sell Off 50,000 Bitcoin In 2 Weeks

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The German government has sold all of its Bitcoin (BTC) in just two weeks. The reason for the substantial Bitcoin dump was unveiled in a recent statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. Why Germany Sold All Its Bitcoin In a blog post published on July 16, the… Continue reading Why Did The German Government Sell Off 50,000 Bitcoin In 2 Weeks→

Behind Bitcoin’s Surge Above $64,000: Here Are The Key Drivers of the Current Rally

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Bitcoin price has rallied above the $64,000 mark. Glassnode, a market intelligence platform, has price movement to a significant easing of sell-side pressure, particularly from the German government. Exhaustion of Sell-Side Pressure According to the on-chain data provided by Glassnode, the recent uptick in Bitcoin’s price is largely due to what they describe as the… Continue reading Behind Bitcoin’s Surge Above $64,000: Here Are The Key Drivers of the Current Rally→

Watch Out Bears: Bitcoin’s Rally To This Mark Could Trigger $19 Billion Short Squeeze

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Over the past few days, Bitcoin has seen quite a notable rebound in its price, rising from as low as the $53,000 level last week to trading as high as above $66,000 in the early hours of Wednesday before now retracing to a current trading price of $64,433. This bullish price performance has been the… Continue reading Watch Out Bears: Bitcoin’s Rally To This Mark Could Trigger $19 Billion Short Squeeze→

Bitcoin Price Steadies: What Are the Chances of Another Rise?

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Bitcoin price struggled to extend gains above the $66,000 resistance level. BTC is consolidating and holding gains above the $63,500 zone. Bitcoin struggled to continue higher above the $66,000 resistance zone. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at… Continue reading Bitcoin Price Steadies: What Are the Chances of Another Rise?→

Bitcoin Developer Samson Mow Says BTC Will Rise To $1 Million, Here’s When

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his bullish stance and mentioned when exactly the flagship crypto will hit this unprecedented price target.  When Bitcoin Will Rise To $1 Million Mow previously explained why he believes that BTC can reach such an ambitious price target. Back then, he alluded to the fact that Bitcoin’s demand was outpacing its supply.  He also highlighted… Continue reading Bitcoin Developer Samson Mow Says BTC Will Rise To $1 Million, Here’s When→

Silicon Valley Using Trump For A Bitcoin Pump Play? Mark Cuban Weighs In

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As the 2024 presidential race heats up, a new debate has emerged regarding Silicon Valley’s recent support for former President Donald Trump’s comeback bid for the White House. According to billionaire investor Mark Cuban, this support may have less to do with Trump’s pro-crypto regulatory stance and more with a calculated play to “pump” the… Continue reading Silicon Valley Using Trump For A Bitcoin Pump Play? Mark Cuban Weighs In→