Bitcoin Forms Rounding Bottom – Expert Sees Push To $100K Next Week
Bitcoin has been trading sideways in a tight consolidation range, staying below key supply levels while holding strong above crucial demand zones. This phase of indecision has divided market sentiment, with many leaning toward a bullish trend that could result in an aggressive move in the coming days. While uncertainty lingers, analysts are optimistic that…
No $200K Bitcoin? Popular Trader Explains Why It’s Unlikely This Decade
Peter Brandt, a seasoned trader, has dismissed optimistic predictions in the wake of Bitcoin’s recent increase to $97,000+. His latest technical analysis indicates that the most prominent cryptocurrency may encounter difficulty in surpassing the coveted $200,000 threshold prior to 2030. Bitcoin has demonstrated a mixed performance, with a daily gain of 0.17% and a 2.85%…
Bitcoin ETFs Get $2 Million Boost From National Bank Of Canada
The National Bank of Canada has ventured boldly into the realm of cryptocurrencies. The bank has made $2 million investments in Bitcoin exchange-traded funds (ETFs), changing the way conventional finance views digital assets. This choice emphasizes the evolving scene of controlled crypto investments and the increasing institutional curiosity in Bitcoin. A Calculated Risk On Bitcoin…
Dogecoin Vs. Bitcoin: Popular Investor Says Memecoin More Superior With ‘World’s Best Chart’
A known crypto investor made a bold claim that Dogecoin is the king of all cryptocurrencies, stirring a debate and discussion among members of the cryptocurrency community. Global Macro Investor founder and CEO Raoul Pal believes that the popular meme coin is capable of becoming “the hardest money ever created,” citing how Dogecoin has outperformed…
Bitcoin Flag Pole Pattern Puts Price At $120,000, Analyst Explains The Roadmap
The crypto market has been experiencing significant volatility, with the Bitcoin price leading the charge. Over the past month, BTC has been trading sideways, recording declines that have pushed its value below the $100,000 mark. As analysts speculate about the cryptocurrency’s next major move, recent data suggests that a classic Flag Pole pattern is beginning…
Bitcoin Price Faces Strong Resistance—Will Bulls Hold Their Ground?
Bitcoin price is consolidating above the $95,000 support zone. BTC must settle above the $100,000 level to start a decent increase in the near term. Bitcoin started a fresh increase from the $95,200 zone. The price is trading near $96,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming…
Bitcoin’s Realized Cap Hits Record High—Is a Major Bull Run Brewing?
Bitcoin has faced persistent challenges in recent weeks, struggling to maintain a stable upward momentum. After recently slipping below $100,000, the cryptocurrency now hovers around the $95,000 mark, causing uncertainty among investors. Despite these setbacks, some analysts see signs that the market’s bull cycle may still have room to run. CryptoQuant contributor MAC_D recently examined…
Solana Whale Breaks Silence, Moves Over 61,000 SOL In Massive Accumulation
The cryptocurrency community is speculating about a potential Solana (SOL) price explosion. Adding to this speculation? Recent large-scale SOL purchases by affluent investors, or “whales,” and market analysts’ optimistic forecasts. Whales Spring Back To Life: Bullish Sign? The lifeblood of crypto analysis, on-chain data shows an interesting tendency: Two once dormant “smart money” addresses have…
Bitcoin $166,000 Target Still In Play? The Extension That Determines Where Price Goes Next
Crypto analyst CryptoCon has reaffirmed that a Bitcoin price rally to the $166,000 target is still in play. The analyst further revealed what needs to happen for the flagship crypto to reach this ambitious price target. What Determines The Bitcoin Price Rally To $166,000 In an $166,000 price level. Meanwhile, Bitcoin recorded a significant price…
Bitcoin Price Stuck In Consolidation—Is a Big Move Coming?
Bitcoin price is consolidating above the $95,000 support zone. BTC must settle above the $100,000 level to start a fresh increase in the near term. Bitcoin started a fresh increase from the $94,200 zone. The price is trading above $96,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish…