Tag Archives: BTCUSDT

Massive Mt. Gox Bitcoin Shift Unlikely To Disrupt Prices, Says CryptoQuant CEO

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Recent developments surrounding the repayment of creditors and investors of the defunct Bitcoin (BTC) exchange, Mt. Gox, have sparked concerns about potential effects on Bitcoin’s price.  As the market retraced over 20% from its three-month high above $70,000, the movement of 47,000 BTC to repay creditors has raised questions about the market’s stability.  However, industry… Continue reading Massive Mt. Gox Bitcoin Shift Unlikely To Disrupt Prices, Says CryptoQuant CEO→

Legendary Trader Peter Brandt Says Bitcoin Could Crash To $44,000, Here’s Why

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to as low as $44,000. He predicted this could happen based on a technical indicator that paints a bearish outlook for the flagship crypto.  Why Bitcoin Could Drop To $44,000 Brandt predicted in an X (formerly Twitter) post that Bitcoin could drop to as low as $44,000 if the flagship crypto has completed a double… Continue reading Legendary Trader Peter Brandt Says Bitcoin Could Crash To $44,000, Here’s Why→

Bitcoin Price Stabilizes After Losses: Can Bulls Overcome Resistance for a Recovery?

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Bitcoin price is consolidating losses above the $55,000 level. BTC must settle above $58,500 and then $60,000 to start a recovery wave. Bitcoin dipped again and retested the $54,500 support zone. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at… Continue reading Bitcoin Price Stabilizes After Losses: Can Bulls Overcome Resistance for a Recovery?→

Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows

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So far, Bitcoin has seen significant volatility in the last trading session, hinting at frail investor sentiment. Earlier today, the asset soared to as high as $57,300. However, the asset now appears to have run out of steam after reaching this mark as it trades at $55,966, down by 1.6%. This surge in volatility is… Continue reading Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows→

Bitcoin Analyst Thinks Prices Must First Breach $50,000 Before Rallying

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Bitcoin flash crashed on July 4 and 5, extending losses from all-time highs to about 30%. Though there was a relief bounce over the weekend, forcing the world’s most valuable coin up by nearly 11%, BTC remains within a bearish formation. Bitcoin Correction Not Over: Will Bears Break $50,000? One analyst who took to X… Continue reading Bitcoin Analyst Thinks Prices Must First Breach $50,000 Before Rallying→

Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?

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Recent data shows that the Bitcoin mining difficulty is on the decline and has hit its lowest since May. This is significant considering what this could mean for the Bitcoin ecosystem, specifically Bitcoin’s price. Bitcoin Mining Difficulty Drops To 79.5 T Data from CoinWarz shows that Bitcoin mining difficulty has dropped to 79.5 T at… Continue reading Bitcoin Mining Difficulty Crashes 5% To Lowest Level In 3 Months, What Happens Next?→

Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week?

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The beginning of July has not been bullish for the Bitcoin and crypto market as earlier expected due to a number of events that have shaken the market. For example, the Spot Ethereum ETFs did not debut on July 2nd as expected, and the US and German governments have been reportedly selling large tranches of… Continue reading Bitcoin Starts July On A Bearish Note, Will CPI Data Change The Narrative This Week?→

Bitcoin Price Downtrend Continues: Brace for More Losses

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Bitcoin price failed to start a recovery wave above the $58,500 resistance zone. BTC started another decline and might extend losses below $54,000. Bitcoin started a fresh decline and traded below the $56,500 zone. The price is trading below $56,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming… Continue reading Bitcoin Price Downtrend Continues: Brace for More Losses→

Analyst Hints Bitcoin Price Recovery Might Be Underway — Here’s Why

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Crypto analyst Ali Martinez has offered an exciting bullish projection for the Bitcoin price. This analysis is even more interesting for the premier cryptocurrency after it fell to a multi-month low over the past week. Is A Return To $60,000 On The Cards For BTC Price? In a new post on the X platform, Martinez… Continue reading Analyst Hints Bitcoin Price Recovery Might Be Underway — Here’s Why→

Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump

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Popular Bitcoin critic Peter Schiff dismisses claims of growing institutional interest in the maiden cryptocurrency. Schiff’s challenging statement comes following the recent Bitcoin market sell-off which resulted in a 10% price decline on Friday. Peter Schiff Claims Little Institutional Demand For Bitcoin According to blockchain analytics platform Lookonchain, the German and US governments, and defunct… Continue reading Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump→