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 Price Eases From Highs — Support Zone Still Intact
Bitcoin price started a downside correction from the $97,800 zone. BTC is now trading below $95,000 and testing the $93,500 support zone. Bitcoin remained supported above the $94,500 zone. The price is trading below $96,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $95,250 on…
Bitcoin Price Trading Within Dense Supply Cluster — What Lies Beyond $100K?
After two weeks of strong action, the Bitcoin price seems to be back on the right track, and the bull run — which once looked done and dusted — appears to be roaring back to life. This previously improbable recovery is now accentuated by the premier cryptocurrency’s likely return to above the important $100,000 level.…
Analyst Says Bitcoin’s Most Crucial Support Level Is At $91,200 — What’s Next?
The price of Bitcoin has started the month of May with a similar bullish impetus as in the final weeks of April, making a push for the psychologically relevant $100,000 level. With the premier cryptocurrency seemingly back on the bullish track, a prominent crypto analyst has emerged with a warning of sorts for BTC investors…
Peter Brandt Predicts When Bitcoin Price Might Reach $150,000, Technical Signals Show Where Market Is At
Bitcoin’s price action could determine whether Bitcoin’s next leg takes it into six-figure territory. Supporting this momentum is a long-term technical outlook by renowned trader Peter Brandt, who projected that Bitcoin remains on course to set new all-time highs, with a potential price peak exceeding $150,000 on his projected timeline. Peter Brandt Maps Timeline For…
Bitcoin Price Confirmed Local Bottom As All Indicators Flash Bullish, Where’s Price Headed?
The Bitcoin price has just printed a major bullish signal, officially confirming a strong local bottom and sparking renewed sentiment among analysts. This bullish shift comes after April closed in the green, reclaiming technical levels and signaling the potential for a significant move toward the six-figure price territory. Market expert Titan Of Crypto has announced…
Bitcoin Price Breakout Confirmed — Eyes on Next Key Level
Bitcoin price is rising again above the $95,000 zone. BTC is gaining pace and might aim for a move above the $97,500 resistance zone. Bitcoin remained supported above the $94,500 zone. The price is trading above $95,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at…
Bitcoin Price Rally Incoming? Bulls Target $95K and Beyond
Bitcoin price is rising again above the $94,000 zone. BTC is showing positive signs and might aim for a move above the $95,500 resistance zone. Bitcoin remained supported above the $92,500 zone. The price is trading above $94,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance…
US Could Buy $100 Billion In Bitcoin This Year: Coinbase Exec
Sebastian Bea, president of Coinbase Asset Management, believes a technical change to the way Washington accounts for its gold could unlock enough budget-neutral capital for a strategic Bitcoin purchase approaching $100 billion—years ahead of market expectations. In a 40-minute appearance on The Scoop with Frank Chaparro released Wednesday, Bea framed the idea as hiding in…
North Carolina Passes Bill To Integrate Bitcoin Into $127 Billion Pension Fund
The North Carolina House has recently approved two significant bills that aim to transform the management of the state’s pension fund, allowing for a modernized investment strategy that includes cryptocurrencies like Bitcoin (BTC). This legislative move comes in response to a $16 billion deficit in the pension system and a need for improved investment returns…