Bitcoin Buying Pressure Rises, But Here’s Why A Pullback Could Be Coming
A recent analysis from BaroVirtual, a CryptoQuant analyst, offers a nuanced perspective on the current state of the Bitcoin market. According to the analyst, fluctuations in the Coinbase premium—a key metric that tracks the price difference between Bitcoin on Coinbase and other exchanges—can offer significant insights. Retail Leverage And Premiums: A Double-Edged Sword Rising or…
Bitcoin Price Hits $80K Mark: The Crypto Bull Run Continues
Bitcoin price is up over 5% and trading above $80,000. BTC is rising and might aim for a move above the $82,000 resistance zone in the near term. Bitcoin started a fresh surge above the $78,500 zone. The price is trading above $80,000 and the 100 hourly Simple moving average. There is a connecting bullish…
Bitcoin Closing In On $80,000 For Record-Breaking Run After Trump Win
Bitcoin continues to excite the market, finally breaking the $79k level for the first time, Sunday — and nearing the vaunted $80k level, courtesy of many positive factors, one of which is the US election win of Donald Trump. The cryptocurrency market is having a moment, driven by the results of the US elections and…
Bitcoin Price Enters ‘Second Breakout Of The Cycle,’ Analyst Puts Peak Above $150,000
The Bitcoin price could see its second massive breakout in this current market cycle, as a crypto analyst has predicted a peak above $150,000 for the pioneer cryptocurrency. This bullish forecast comes on the heels of Bitcoin’s previous All-Time High (ATH) this month when it surpassed the $75,000 mark. Bitcoin Price Peak Set Above $150k…
6-Figure ‘Treasury Asset’ Bitcoin Price Possible By Year-End—Market Expert
The momentum is on Bitcoin and crypto’s side, and it wouldn’t be surprising if the price surge continues until the end of the year. One of the biggest drivers of the current performance of Bitcoin is the election of Republican Donald Trump. Trump’s rhetoric and friendly pronouncement on crypto helped propel the asset’s price past…
Can The Donald Trump Win Drive Bitcoin Price To $170,000 This Cycle?
The victory of Donald Trump in the US presidential election has been confirmed, leaving cryptocurrency investors speculating about the impact on Bitcoin’s price trajectory in the next four years. Interestingly, the market has already been given a taste of the possible effects. In fact, the mere news of Trump’s win has pushed the Bitcoin price…
Bitcoin Accumulation Ramps Up: Investors Scoop $4.16 Billion In Four Days
The price of Bitcoin has turned in an impressive performance, forging successive all-time highs over the past week. Similarly, other large-cap assets, such as Ethereum, Solana, and Cardano, have been experiencing massive upside movement in the past few days. Interestingly, the latest on-chain observation suggests that the crypto market — particularly Bitcoin — may not…
Bitcoin ETFs See Historic Surge – Institutions Go Bullish On BTC With $1.38 Billion Record Inflows
Yesterday, Bitcoin had one of its most bullish days in history, skyrocketing past its all-time high to reach $76,990. This new milestone has ignited widespread excitement and confidence among investors, who now see the potential for further gains. Key data from Carl Runefelt reveals that Bitcoin ETFs experienced a historic surge, with $1.38 billion in…
Rising Bitcoin Funding Rates Signal Market Optimism—But Is A Correction Looming?
Bitcoin recent price movement of continuous uptrend has drawn the attention of market participants and analysts as it edges closer to creating a new all-time high, blasting through critical resistance levels. Amid this, a CryptoQuant analyst known as TraderOasis provided an in-depth analysis of Bitcoin’s market earlier today, suggesting the trajectory the asset could head to next. Analysis…
Ethereum To Outperform Bitcoin, Fund Managers Set $8,000 Target
The strong performance of Ethereum in recent days has caught the attention of experts. In several posts on X, prominent fund managers and industry leaders have projected a bullish outlook for Ethereum (ETH), positioning it to outperform Bitcoin (BTC) with a target price of $8,000. This optimism is underpinned by anticipated regulatory advancements for the…