Bitcoin Whales Make Big Moves As Bullish Momentum Resurfaces
On-chain data suggests that Bitcoin (BTC) whales – cryptocurrency wallets holding significant BTC amounts – have resumed accumulation after a brief period of dormancy. Bitcoin Accumulation Rises Among Whales In an X post published today, seasoned crypto analyst Ali Martinez highlighted a notable increase in BTC whale activity. He shared the following chart showing that…
Bernstein Projects Strategy Holdings Skyrocket To 1 Million BTC By 2033
Analysts at Bernstein have made a bold prediction regarding MicroStrategy, now known as Strategy, the Bitcoin proxy firm co-founded by Michael Saylor. They forecast that it could amass over 1 million Bitcoin (BTC) by 2033, potentially positioning Strategy to hold 5% of BTC’s total supply. Strategy Stock (MSTR) Receives ‘Outperform’ Rating Led by analyst Gautam…
Bitcoin Ongoing Recovery: a Bull Trap or Breakout? Market Index Reveals Crucial Clues
Bitcoin has maintained its upward trajectory so far this week, with the asset reclaiming and holding above the $85,000 mark. This performance reflects a weekly gain of approximately 4.7%, indicating a possible shift in momentum after weeks of sideways and bearish activity. While short-term gains have been recorded, signs that might determine Bitcoin’s next major…
Bitcoin Breaks Daily RSI Downtrend, But Analyst Warns Of Strong Resistance Ahead
After hitting a low of nearly $76,000 on March 10, Bitcoin (BTC) has finally broken its daily Relative Strength Index (RSI) downtrend, now trading in the high $80,000s at the time of writing. However, crypto analyst Ali Martinez warns that strong resistance may lie ahead. Bitcoin Finally Breaks Daily RSI Downtrend In a recent X…
Bitcoin Price Next Move Hinges on Support—Break or Bounce?
Bitcoin price started a steady increase above the $86,500 zone. BTC is now correcting gains and might find bids near the $87,000. Bitcoin started a decent recovery wave above the $87,000 zone. The price is trading above $86,800 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
Bitcoin Pushes Past $88K Amid Rising Volatility and On-Chain Resistance Zones
Bitcoin has maintained its upward momentum since the week started, signaling renewed interest and optimism in the market. The asset reclaimed the $88,000 price level on Monday and continues to trade above this zone, marking a nearly 10% rise in value over the past seven days. The steady price recovery comes after weeks of retracement,…
The Cyclicality Of Bitcoin: What The Cyclical Crests Say About A BTC Top
Tony “The Bull” Severino, a well-followed crypto analyst, recently took to the social media platform X to share a detailed breakdown of Bitcoin’s historical price behavior. The analysis uses a cyclical lens that many in the crypto community (both bulls and bears) agree holds significant relevance. Notably, Tony Severino focuses on the concept of Bitcoin’s…
Bitcoin Surge Fueled by $32B in Open Interest—Here’s What Could Happen Next
Bitcoin opened the week with a strong rebound, climbing back above the $88,000 mark for the first time in several weeks. As of today, BTC trades at approximately $88,025, representing a 6.2% increase over the past week. This recovery follows a volatile period where the asset experienced significant resistance below the $85,000 price level. While…
$31B in Stablecoins Piled Into Binance: Is Bitcoin’s Next Leg Up Loading?
Bitcoin is beginning to show signs of a strong recovery after recent consolidation. The asset has moved past the $87,000 level, gaining approximately 5.2% over the past week and 3.4% in the last 24 hours. This uptick in performance marks a notable contrast to the steady downtrend observed in recent weeks, offering traders renewed momentum…
Bitcoin Price Dips After Rally—Is This the Perfect Entry Point?
Bitcoin price started a steady increase above the $85,500 zone. BTC is now correcting gains from $88,750 and might find bids near $86,500. Bitcoin started a decent recovery wave above the $85,000 zone. The price is trading above $86,500 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with…