Bitcoin Set To Hit $140,000 Target In December – Here’s Why
Bitcoin (BTC) experienced a rather turbulent end to November, reaching a local bottom of $90,796 on Tuesday. Notably, the market bulls have shown some resilience in the past few days producing a market gain of 5.9% to move the digital asset back above $96,000. Interestingly, as December begins, popular market analyst Ali Martinez has backed…
Bitcoin Price on the Brink: $100K Breakthrough Imminent?
Bitcoin price is recovering higher above the $96,000 level. BTC is showing positive signs and aims for a fresh increase above the $98,800 level. Bitcoin started a fresh increase above the $96,000 zone. The price is trading above $96,500 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend…
Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?
The latest on-chain data shows that the stablecoin market is nearing a new milestone in terms of valuation. Here’s how the increasing liquidity could impact Bitcoin and the general cryptocurrency market. Can The Increasing Stablecoin Cap Push Bitcoin Price To $100,000? Market intelligence platform IntoTheBlock has revealed in its weekly report that the stablecoin market…
Bitcoin Price Forms Bullish Pennant On 3-Day Chart, $145,000 Target Swims Into View
Although currently undergoing a brief correction after almost touching the $100,000 price level, technical analysis has shown the emergence of a bullish pattern on the Bitcoin price chart. Notably, the correction has given rise to the formation of a bullish pennant on the 3-day candlestick Bitcoin price chart. This development might be the bullish momentum…
Glassnode’s Bitcoin “Seller Exhaustion” Indicator Just Flashed A Signal: Bottom In?
A Bitcoin indicator created by the on-chain analytics firm Glassnode has just given a signal that could suggest the exhaustion of selling pressure in the market. Bitcoin Seller Exhaustion Has Just Registered A Spike In a new post on X, Glassnode has shared an update on the Seller Exhaustion Composite for the Weekly-Monthly Bitcoin traders.…
Bitcoin Price Poised for Another Rise: The Next Move Awaits
Bitcoin price is recovering higher above the $95,000 level. BTC is showing positive signs and aims for a fresh increase above the $98,000 level. Bitcoin started a fresh increase above the $95,000 zone. The price is trading above $95,500 and the 100 hourly Simple moving average. There was a break above a short-term contracting triangle…
Bitcoin Price Rejection At $99,000: Temporary Or End Of The Bull Rally?
Crypto analyst TradingShot recently discussed the Bitcoin price rejection at $99,000, providing insights into whether this was temporary or marked the end of the bull rally. His analysis indicated that this price rejection was temporary and that Bitcoin would still reach the $100,000 mark and possibly surpass it. Bitcoin Price Rejection At $99,000 Likely Temporary…
Experts Predict Bitcoin Journey To $100,000 After Thanksgiving Rally
Despite a brief correction towards the $91,000 mark on Tuesday, which represented a 7% drop from its all-time high of $99,500, the market’s leading crypto, Bitcoin (BTC), has regained the strength it has posted over the past three weeks since Donald Trump’s election, on its way to the $100,000 milestone. Coinbase, Robinhood, And MicroStrategy All…
Bitcoin Price Bounces Back: Will the Climb Continue?
Bitcoin price is recovering higher above the $94,000 level. BTC is consolidating and aims for a fresh increase above the $97,000 level. Bitcoin started a fresh increase from the $91,000 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 Sentiment Cools Down From Extreme Greed: Can Rally Restart Now?
On-chain data shows the Bitcoin Fear & Greed Index has cooled down from extreme greed, a sign that may be positive for BTC’s price. Bitcoin Fear & Greed Index Is Pointing At ‘Greed’ Again The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors…