CoinDesk 20 Down 7%, Bitcoin Sinks by 5% as Asia Trading Week Begins
[Jul 7 10:27 PM] CoinDesk 20 Down 7%, Bitcoin Sinks by 5%, as Market Tumbles as Asia Trading Week Begins
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Bitcoin Price Downtrend Continues: Brace for More Losses
[Jul 7 9:18 PM] Bitcoin price failed to start a recovery wave above the $58,500 resistance zone. BTC started another decline and might extend losses below $54,000. Bitcoin started a fresh decline and traded below the $56,500 zone. The price is trading below…
Unveiling Moving Averages: Essential Tools for Bitcoin Trading
[Jul 7 8:10 PM] Just like oscillators, moving averages (MAs) are indispensable tools in technical analysis, providing traders with insights into price trends and potential market reversals. In this learning and insights article, we’ll delve into the history…
Jack Dorsey Envisions Bitcoin Replacing US Dollar — Foresees BTC Reaching $1 Million
Germany’s Bitcoin Wallet Dips Below 40,000 BTC After Weekend Transfer
[Jul 7 2:22 PM] Germany has divested 1,400 bitcoin from its government reserves, reducing the total from 41,226 BTC to 39,826 BTC. Meanwhile, bitcoin has declined 1.7% against the U.S. dollar over the past 24 hours, hovering just above the $57,000 mark. Germany…
Bitcoin recovery fizzles, but SOL, DOT, NEAR and KAS could rally
[Jul 7 1:30 PM] Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS.
5 bullish arguments that Bitcoin price just bottomed at $53K
[Jul 7 12:25 PM] Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle.
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
[Jul 7 11:21 AM] On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the…
Bitcoin Strikes A Chord At The Bottom, But Can It Clear This Major Resistance?
[Jul 7 11:00 AM] The price of Bitcoin has increased by 6% since it crossed into the $53,000 price territory on July 5. However, while the cryptocurrency is now exhibiting short-term bullishness, it is important to note that it is not out of the woods yet. There are…
Two More Sleeping Bitcoin Addresses Wake From Slumber, Moving 1,045 BTC
[Jul 7 9:34 AM] Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the…
July Slump for Bitcoin: What Historical Trends Reveal About Upcoming Months
[Jul 7 8:22 AM] Over the past 11 years, dating back to 2013, bitcoin has typically experienced positive performance in July, with five of those months seeing gains exceeding 16%. This year, however, July is shaping up to be negative. Historical data for August and…
Bitcoin traders hope bottom is in after BTC price bounces 9% from lows
[Jul 7 7:49 AM] BTC price action takes a break from endless downside to revisit $58,500, but Bitcoin bulls struggle to hold higher ground.
$2.4 Billion Worth Of Bitcoin Exit The Network As Bear Market Bites
[Jul 7 7:00 AM] The Bitcoin market is experiencing a wave of uncertainty as a recent analysis by CryptoQuant reveals a significant shift in investor behavior. Roughly $2.4 billion worth of Bitcoin, likely acquired by investors this year, has moved within the…
Analyst Hints Bitcoin Price Recovery Might Be Underway — Here’s Why
[Jul 7 4:00 AM] Crypto analyst Ali Martinez has offered an exciting bullish projection for the Bitcoin price. This analysis is even more interesting for the premier cryptocurrency after it fell to a multi-month low over the past week. Is A Return To $60,000 On The…
Bitcoin Critic Calls ‘Institutional Demand’ A Myth Following Recent Price Slump
[Jul 7 1:29 AM] Popular Bitcoin critic Peter Schiff dismisses claims of growing institutional interest in the maiden cryptocurrency. Schiff’s challenging statement comes following the recent Bitcoin market sell-off which resulted in a 10% price decline on Friday…
Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500
Robert Kiyosaki Predicts $10 Million Bitcoin and $15,000 Gold After Major Market Crash
[Jul 6 5:17 PM] Rich Dad Poor Dad author Robert Kiyosaki predicts an imminent economic crash followed by a significant bull market where bitcoin could easily reach $10 million per coin, gold could reach $15,000 an ounce, and silver possibly $110 an ounce. Kiyosaki…
Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See $150K BTC This Year
Bitcoin Woes Not Over? Analyst Predicts Further Crash To $47,000
[Jul 6 4:00 PM] Although Bitcoin has reclaimed the $56,000 price level in the past few hours, its sudden drop below $54,000 on July 5 has reminded investors of the intense volatility associated with the market. In the larger timeframe, Bitcoin has been down by 7%…
Bitcoin Proponent Bruce Fenton Calls Out Jack Dorsey Over Censorship Allegations During Twitter Tenure
[Jul 6 3:20 PM] Over the weekend, a prominent personality in the bitcoin and blockchain sector, Bruce Fenton, addressed Jack Dorsey, CEO of Block, Inc., through a post on the social media platform X. Fenton asserts that Dorsey owes an explanation, as…
Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections
[Jul 6 2:30 PM] As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull…
Market Expert Predicts When Bitcoin Price Will Reach Its Cycle Highs
[Jul 6 8:30 AM] Crypto analyst Rekt Capital has provided insights into when the price of Bitcoin will reach its cycle highs. His analysis has provided reassurance that the flagship crypto is still far from a market top despite its recent decline to new lows this…
Sleeping Bitcoin Wallet Transfers 1,000 BTC Worth Over $56M After a Decade
[Jul 6 8:23 AM] On Friday, July 5, 2024, at 8 p.m. EDT, as bitcoin’s price hovered around $56,500 per unit, a dormant wallet, created on Nov. 24, 2013, transferred over 1,000 BTC, valued at $56.5 million, at block height 850,855. Long-Inactive Bitcoin…
Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M
[Jul 6 8:23 AM] Returning to their screens following the July 4 break, U.S. traders were confronted with prices that had plunged roughly 10% from pre-holiday levels.
Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months
Time To Buy The Dip? These Are The Large-Cap Crypto Assets To Watch
[Jul 6 6:00 AM] After a turbulent week for the crypto market, the drop in prices has left an opportunity for investors to enter new or double down on their various positions. Fortunately, the blockchain intelligence firm Santiment has identified some of the…
Bitcoin sales by gov'ts just 4% of $225B bull market inflows — Analyst
[Jul 6 1:58 AM] BTC selling volumes generated by nation states are a drop in the ocean this bull market, argues CryptoQuant's Ki Young Ju.
Bitcoin Price Collapse: Analyst Forecasts $44,000 Plunge On 200 Daily EMA Breakdown
[Jul 6 1:00 AM] The cryptocurrency market witnessed a significant setback as the Bitcoin price plummeted below the $58,000 level. This downward move has raised concerns among bullish investors, suggesting a potential continuation of the downtrend toward the…
Bitcoin Reclaims $56k But Still Faces Potential Drop to $47K, Analyst Reveals Why
[Jul 5 11:00 PM] Bitcoin has recently exhibited resilience that has surprised many market spectators. Following a dismal drop to a 24-hour low of $53,898, Bitcoin clawed its way back above the $56,000 mark, up 1.6% in the past hour. This rebound has been catalyzed…
Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?
[Jul 5 10:00 PM] As Bitcoin faces strong headwinds, breaching two critical support levels at $60,000 and $56,500 in quick succession, it may, on the surface, appear that fear is gripping the market. There are reasons to be afraid, especially for coin holders…