Bitcoin Price Dips — Is This the Calm Before the Surge or the Storm?
Bitcoin price started a downside correction from the $123,200 zone. BTC is now trading below $120,000 and might find bids near the $115,500 zone. Bitcoin started a fresh decline from the new all-time high near $123,200. The price is trading below $120,000 and the 100 hourly Simple moving average. There was a break above a…
Bitcoin OG Whale Moves 40,000 BTC To Galaxy, Triggering Market Shock
A single wallet that has sat untouched since 2011 jolted the market overnight, wiring 40,009 BTC—worth roughly $4.68 billion at prevailing prices—to New York‑based trading giant Galaxy Digital. The address had held 80,009 BTC in total and had never previously moved funds in the modern era. According to on‑chain sleuth Lookonchain, “the Bitcoin OG with 80,009 BTC ($9.46 B) has transferred 40,009 BTC ($4.68 B) to Galaxy Digital,”…
Delay In Bull Market Could Push Bitcoin Higher Than Expected
The bull market may be taking longer than expected to kick into its final gear, but the Bitcoin price structure remains bullish and steadily climbing within a rising trend channel. However, the potential upper targets have also moved higher, and might open the door to unprecedented price levels in the weeks ahead. Why The Bull…
Bitcoin Price Retreats After Hitting ATH — Bulls Pause for Breath
Bitcoin price started a fresh increase above the $118,500 zone. BTC traded to a new high above $120,000 and recently started a downside correction. Bitcoin started a fresh increase above the $120,000 zone. The price is trading near $118,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line…
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?…