Tag Archives: BTCUSDT

Bitcoin Price Resurgence: Ready for Another Upswing?

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Bitcoin price stayed above the $68,500 support zone. BTC is now consolidating and might aim for a fresh increase above the $70,150 resistance. Bitcoin found support near $68,500 and started a decent recovery wave. The price is trading below $70,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming… Continue reading Bitcoin Price Resurgence: Ready for Another Upswing?→

Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities

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The Bitcoin price has stalled after hitting the $71,000 level, floating in what is essentially a limbo of indecisiveness. Naturally, periods like these act as a predecessor to a massive move, but what direction the price might be headed in is another thing entirely. In an effort to pinpoint where Bitcoin is going, crypto analyst… Continue reading Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities→

Bitcoin’s Stubborn Stand Below $100K: What’s Holding It Back?

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Bitcoin continues to be the market leader. However, despite significant developments, such as the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the anticipated price surge to $100,000 remains ‘unrealized.’ Charles Edwards, founder of Capriole Investments, commented on this and took to Elon Musk’s social media platform X to explain the hurdles preventing Bitcoin from achieving… Continue reading Bitcoin’s Stubborn Stand Below $100K: What’s Holding It Back?→

Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000

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US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March.  According to Bloomberg data, these ETFs, managed by some of the world’s largest financial institutions, have attracted net… Continue reading Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000→

Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH

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Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run.  The Most Important Indicator For Bitcoin Swift claimed that the global liquidity was… Continue reading Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH→

VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000

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Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles Edwards, the founder of Capriole Investments, has picked out multiple factors capping the current uptrend to… Continue reading VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000→

Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important

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The Bitcoin recent foray into $70,000 price territory has again become a hot topic among investors, with many looking at a positive price outlook. As a result of this fascinating price action, the vast majority of long-term holders have seen their holdings cross into profit zone. Particularly, the positive outlook seems to be positive among… Continue reading Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important→

Bitcoin Dips Again: Temporary Setback or Buying Opportunity?

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Bitcoin price started a downside correction from the $71,650 resistance zone. BTC is now consolidating and might correct toward the $69,500 support. Bitcoin struggled above $71,500 and started a downside correction. The price is trading above $70,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with… Continue reading Bitcoin Dips Again: Temporary Setback or Buying Opportunity?→

Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?

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Bitcoin long-term holders are back in profit following the flagship crypto’s recent price surge. However, the same can’t be said for most short-term holders yet, given the levels at which they purchased their Bitcoin holdings.  Only 0.03% Of Long-term Bitcoin Holder Supply In Loss In a recent market report, on-chain analytics platform Glassnode claimed that… Continue reading Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?→

Bitcoin Price Gradually Climbs: Steady Ascent Points to Bullish Momentum

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Bitcoin price started a decent increase above the $70,500 resistance. BTC is showing positive signs and might gain bullish momentum above the $72,000 resistance in the near term. Bitcoin extended its increase above the $70,000 and $70,500 resistance levels. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a… Continue reading Bitcoin Price Gradually Climbs: Steady Ascent Points to Bullish Momentum→