Elliot Wave Theory Shows Where Bitcoin Is In This Cycle – Bull Rally Over?
Crypto analyst Tolimanu has used the Elliott Wave Theory to provide insights into where Bitcoin currently is in this market cycle. Based on his analysis, the bull run is not yet over, with the flagship crypto set to reach new highs. Elliot Wave Theory Shows Bitcoin’s Current Position In This Cycle In an X post,…
Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?
On-chain data shows the Bitcoin network activity has recently declined into the bear market zone. Here’s what this could mean for the asset. CryptoQuant’s Bitcoin Network Activity Index Is Flashing A Bear Market Signal As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Network Activity Index has recently been inside the…
Bitcoin Mining Giant Abandons Full-Hold Strategy, Unloads $40M In Crypto
Riot Platforms sold 475 Bitcoin worth $38.8 million in December as profit margins narrow throughout the mining sector. The Colorado firm, the second-largest publicly traded Bitcoin miner by market capitalization, sold the cryptocurrency at an average price of $81,731 per coin, Monday’s operations update disclosed. Mining Profits Narrow Following Bitcoin Halving Event The sell-off follows…
Bitcoin Price Forecast: Key Scenarios For Tomorrow’s FOMC Decision
With the Federal Open Market Committee set to announce its May 7 policy decision, Bitcoin traders face a macro‑driven inflection point that could define price action into the summer. The Federal Reserve, under Chair Jerome Powell, is all but certain to keep the fed‑funds corridor at 4.25 to 4.50 percent; CME Group’s FedWatch tool assigns a 98.2 percent probability…
LMACD Indicator Reveals Where The Bitcoin Price Is After Rejection From $97,000
The Bitcoin price faced a rejection following its surge to $97,000 last week. Technical expert Tony Severino has commented on this development and alluded to the LMACD indicator, which has revealed what is next for the flagship crypto. What Is Next For The Bitcoin Price After Rejection At $97,000 In an X post, Tony Severino…
Bitcoin Recovery Fueled By Almost $19 Billion In Crypto Inflows, Data Shows
On-chain data shows the cryptocurrency market as a whole has witnessed capital inflows of nearly $19 billion while Bitcoin and others have gone through their recovery. Crypto Market Has Enjoyed Net Capital Inflows Over The Past Month In a new stablecoins. The altcoins usually only see a secondary rotation of capital from these coins. As…
On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April
Bitcoin’s recent recovery has encountered resistance as the asset remains range-bound between $93,000 and $97,000. After briefly climbing late last month, Bitcoin has struggled to maintain upward momentum since then. At the time of writing, BTC is trading at approximately $94,305, reflecting a modest 1.3% decline over the past day. While price action has slowed,…
Bitcoin Hits 6-Month High In Active Addresses: Is $100K The Next Target?
Bitcoin bulls are trying to push higher from just under $97,000, attempting to confirm its latest breakout above a multi-day consolidation range. After stalling near $95,000 for over a week, Bitcoin broke out to $97,000 before reversing and forming a fair value gap. This has led to a surge in activity on the Bitcoin blockchain,…
Bitcoin To Infinity? Venture Capitalist Says Crypto’s Value Vs. Dollar Has No Ceiling
The dollar is weakening this year. As reported, the US dollar index declined 7% year-to-date, one of its worst openings in recent history. The dollar index measures the value of the dollar against six other major foreign currencies. As tensions between the US and several countries have increased on the trade front, worries regarding the…
Veteran Analyst Predicts Bitcoin Surge To $150K — Here’s The Timeline
Prices for bitcoin skyrocketed to the $97,000 level today, increasing more than 2% and closing in on the symbolic $100,000 level. The cryptocurrency is in its continuing surge that has gotten investors enthusiastic so far in 2025. Market Old Timer Forecasts Significant Price Target According to trading analyst Peter Brandt, Bitcoin may rise to $125,000…