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Bitcoin Price Plunge Imminent as Bears Protect Key Resistance

[Jan 7, 2024 9:10 PM] Bitcoin price is still struggling to clear the $44,500 and $44,700 resistance levels. BTC is showing a few bearish signs and might drop toward $42,150. Bitcoin is facing a major hurdle near the $44,500 resistance zone. The price is trading below…

ETF Or Halving: Analyst Doubles Down On Bullish Year For Bitcoin

[Jan 6, 2024 4:05 AM] Bitcoin (BTC) began 2024 on a positive note gaining by 3.18% in the first week of the year, according to data from CoinMarketCap. The premier cryptocurrency is expected to herald in a bull crypto season, with many investors expecting immediate…

Bitcoin Plunges Below Support As Price Crashes To $42,500

[Jan 3, 2024 2:00 PM] Bitcoin appeared to have been securely floating above support just earlier, but today, the picture has changed as the price has suddenly crashed to $42,500. Bitcoin Has Crashed More Than 6% During Past 24 Hours Bitcoin had kicked off 2024 with some…

Why The Crypto Flash Could Be The Buy The Dip Moment

[Jan 3, 2024 12:07 PM] In a flash, nearly $200 billion in value was wiped out of the cryptocurrency market today in a larger selloff driven by rumors that pending Bitcoin ETF approvals could end up denied by the SEC. Despite the carnage across crypto today, this could be…

Bitcoin Price Seems Unstoppable As BTC Bulls Aim For $48K

[Jan 2, 2024 10:13 PM] Bitcoin price is holding gains above the $45,000 resistance. BTC seems to be setting up for more gains above the $46,000 level in the near term. Bitcoin extended its increase and traded close to the $46,000 level. The price is trading above $45,000…

Bitcoin Price Soars Above $45,500: Top 3 Reasons

[Jan 2, 2024 2:55 AM] The Bitcoin price has risen to over $45,900 in the last few hours, an increase of 7.5% in the last 24 hours. These are the three main reasons: #1 Massive Bid From CME The recent surge in Bitcoin’s price was predominantly led by activities on…

Bitcoin Price Starts 2024 With A Bang, Is ETF Approval Imminent?

[Jan 1, 2024 11:00 PM] Bitcoin price is up over 5% and it cleared the $45,000 resistance. BTC is showing positive signs on rumors of spot ETF approval by the EOD. Bitcoin is gaining pace above the $44,000 and $44,400 resistance levels. The price is trading above $45,000…

$47,600 Or $38,600? What Could Be Next For Bitcoin

[Jan 1, 2024 12:30 PM] An analyst has pointed out two demand zones that could be important for Bitcoin. Here’s what could be next for BTC based on these supply walls. Bitcoin On-Chain Support And Resistance Levels Could Provide Hints For What’s Next As…

Bitcoin Price Starts 2024 In A Range, Can The Bulls Take Over?

[Dec 31, 2023 8:48 PM] Bitcoin price is holding gains above the $41,500 zone. BTC is rising and might gain bullish momentum above the $43,200 resistance zone. Bitcoin is attempting a fresh increase above the $42,500 resistance zone. The price is trading above $42,200 and…

Bitcoin Spot ETF: Bitwise Closes Ranks With $200 Million Seed Fund

[Dec 30, 2023 7:00 AM] The competition among the Spot Bitcoin ETF issuers is heating up as the period for potential approval of these funds draws nearer. Asset manager Bitwise is the issuer currently making waves as it could potentially outrank the world’s largest asset…

Bitcoin Erases Recovery As Miners Cash Out 3,000 BTC

[Dec 29, 2023 8:30 AM] On-chain data shows the Bitcoin miners have participated in a 3,000 BTC selloff recently, something that may explain the asset’s latest pullback. Bitcoin Miner Reserve Has Taken A Plunge Recently As pointed out by analyst Ali in a new post on…