Bitcoin Price Could Soar To $146K In The Next Leg Up — Analyst Explains How
After going on an impressive run to close the week, the Bitcoin price has become relatively steady over this weekend. The premier cryptocurrency has shown some signs of indecision and continued to move sideways within the $117,000 and $118,000 range. According to a prominent online pundit, the Bitcoin price might be at a critical juncture…
Who Flipped The Switch? Bitcoin STHs Accumulate While LTHs Take Profit
Over the last month, Bitcoin ranged within the $100,000 — $110,000 price region until its recent breakout to reach a new all-time high. On-chain data show that a shift in BTC holder behavior may have played a significant role in the flagship cryptocurrency’s recent price action. LTHs Begin Distributing, But STHs Accumulate In a July…
Bitcoin Stalls After Rally: Will It Blast Through $125,000 Or Slip Back To $110K?
After a powerful breakout last week that pushed Bitcoin into a new all-time high of $118,667, the world’s leading cryptocurrency appears to be taking a breather. As of the time of writing, Bitcoin is trading around $117,953, slightly below its recent peak. The move followed a string of consecutive daily gains as bullish momentum swept…
Bitcoin Price Break Above $118,000 Just The Start, Analyst Unveils ‘Golden Number’
Bitcoin previous all-time high from late May by breaking above $111,970. But according to Bitcoin technical analyst CryptoCon, this breakout may just be the beginning. In a recent post on the social media platform X, CryptoCon revealed a long-term cycle pattern that points to a more ambitious price target for Bitcoin. Analyst Unveils BTC’s Golden…
Bitcoin Bulls In Cloud 9? Analyst Identifies Where Risk Lies
After a near-excellent start to the month of July, Bitcoin has performed even more impressively over the past few days. The premier cryptocurrency, after a brief period of sideways momentum earlier this week, has attained a new all-time-high valuation at a price close to $119,000. Unsurprisingly, the Bitcoin market is experiencing a wave of optimism —…
Bitcoin Soars Past $118,800—Breakout Or Brutal Bull Trap?
Bitcoin’s summer rally accelerated in the early hours of 11 July, when the benchmark cryptocurrency sliced through $118,000 and printed exchange highs that peaked above $118,800, depending on venue data. The spike wiped out an estimated $1.25 billion in short positions within a single trading day, according to CoinGlass figures. Bitcoin Bull Trap Or Breakout?…
Market Expert Says It’s Now ‘Illegal’ To Short Bitcoin, Here’s Why
Bitcoin’s price action has shown intense strength in recent days to finally bounce fully from the weakness in late June. After briefly dipping into the low $108,000 range in the past 24 hours, Bitcoin managed to surge to a new all-time high of $112,022. According to data from Coinglass, this move was enough to cause…
Bitcoin Price Rockets to Record High — Bulls Celebrate Milestone
Bitcoin price started a fresh increase above the $110,500 zone. BTC is now up over 5%, traded to a new high, and extend gains above the $116,000 level. Bitcoin started a fresh increase above the $112,500 zone. The price is trading above $113,500 and the 100 hourly Simple moving average. There was a break above…
Last Crash Before The Surge: Why Bitcoin Is Set To Drop Below $107,000
A new analysis shows that Bitcoin (BTC) may be on the verge of a calculated price crash that could take it below $107,000 before igniting the next bullish rally. The cryptocurrency market structure currently reflects a short-term bearish correction within a broader bullish trend, supporting the likelihood of a potential surge to new all-time highs…
Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
On Wednesday afternoon, Bitcoin (BTC) surged to a remarkable all-time high (ATH) of $112,022, breaking free from its previous consolidation phase and lower resistance levels. Bitcoin Rally Faces Critical Test John Glover, the chief investment officer at crypto lending platform Ledn and a former managing director at Barclays Investment Bank, noted that the recent rally…