Bitcoin Price Coiling Up — Is a Surge Past $110K on Deck?
Bitcoin price started a fresh increase above the $107,500 zone. BTC is now consolidating and might struggle to continue higher above the $110,000 resistance. Bitcoin started a fresh increase above the $108,500 zone. The price is trading above $108,000 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support…
Bitcoin Consolidates Below Resistance — Can It Seal A Weekly Close Over $107,720?
Bitcoin is at a pivotal point, and the weekly close could define its next move. To confirm bullish continuation and strengthen market confidence, BTC needs to secure a solid weekly close above $107,720. Bitcoin Weekly Candle Could Set The Stage For A Run Bitcoin is approaching a make-or-break moment, but if BTC can secure a…
Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement
Bitcoin (BTC) is now 195 days into its latest market fatigue and repeated new lows, the analyst insists that the cycle isn’t over yet. Bitcoin Cycle Sees Only 36 Days Of Real Gains The current Bitcoin market cycle is being closely examined, as a new analysis by expert analyst Crypto Con upward momentum. The analyst’s…
Bitcoin Price Surges Toward $110K — Will It Finally Stick the Landing?
Bitcoin price started a fresh increase from the $105,200 zone. BTC is now consolidating and might struggle to continue higher above the $110,000 resistance. Bitcoin started a fresh increase above the $108,000 zone. The price is trading above $107,500 and the 100 hourly Simple moving average. There was a break above a bearish trend line…
Michael Saylor Drops $500 Million On Bitcoin—What’s His Next Move?
MicroStrategy has just added another 4,980 Bitcoin to its stash, spending about $531 million at an average of $106,801 per coin. That brings the company’s total haul to 597,325 BTC. At today’s market price, those holdings are worth over $64 billion, compared with the roughly $42.4 billion MicroStrategy (now Strategy) has put in, fees included. According to…
Bitcoin Whales Just Realized $2.6B In Profit, Is the Market About to Crack or Soar?
Bitcoin remains within a relatively tight range, struggling to gain sufficient momentum to break the $110,000 mark. At the time of writing, the leading crypto by market cap trades at $106,437, down 1.1% over the past 24 hours and nearly 4.8% below its May all-time high. The current consolidation range between $105,000 and $107,000 has…
Bitwise Just Sounded The Alarm—Bitcoin Could Explode Soon
The latest Crypto Market Compass from Bitwise Europe lands like a klaxon: every major gauge of risk appetite, liquidity and macro momentum is swinging in Bitcoin’s favor, and the firm argues the move could “provide a significant tailwind” for the benchmark asset. The study notes that Bitcoin already rebounded from $101,000 to about $108,000 in…
Bitcoin Price Trims Gains — Bulls Lose Steam Near Resistance
Bitcoin price started a fresh decline from the $108,800 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a downside correction from the $108,800 zone. The price is trading below $107,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance…
Ethereum In Demand: ETF Inflow Streak Extends To 7 Weeks
Institutional demand for Ethereum appears strong as spot exchange-traded funds (ETFs) have recorded seventh-straight week of inflows. US Ethereum Spot ETFs Have Recently Seen Continuous Inflows In a new netflow related to the US Ethereum spot ETFs is looking. Spot ETFs are investment vehicles that allow investors to gain exposure to a given cryptocurrency without…
Bitcoin Holds Key Level Amid $108,000 Rejection, But Analysts Suggest Caution This Quarter
Bitcoin (BTC) attempted to reclaim the $108,000 resistance level again but faced rejection as the third quarter (Q3) started, leading some market watchers to suggest caution for the upcoming months. Bitcoin Holds Crucial Range Bitcoin’s price ended the second quarter with a retest of the $108,000 barrier before being rejected and closing Q2 and June…