52 / 92 Relevant items tagged with #BitcoinNews
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Bloomberg’s Mike McGlone Reveals Why A $150,000 Bitcoin Price Target Is Far Off
[May 7, 2024 12:00 PM] Mike McGlone, Senior commodity strategist at Bloomberg Intelligence, has made a rather pessimistic prediction for Bitcoin, emphasizing that the cryptocurrency’s potential rise to $150,00 was a long shot. The strategist has revealed factors that…
Why Is The Bitcoin Price Falling Today?
[May 7, 2024 6:00 AM] Bitcoin (BTC) has experienced a price slowdown, having recently recovered above $60,000. This tepid price movement is believed to be due to a couple of factors, including the reduced demand for the Spot Bitcoin ETFs. Spot Bitcoin ETFs Have Lost…
The Next Big Catalyst For Bitcoin? What Michael Saylor Predicts
[May 7, 2024 2:00 AM] In an interview with journalist Natalie Brunell, Michael Saylor, executive chairman and co-founder of MicroStrategy, laid out his vision for what could next propel the price of Bitcoin. His insights come at a time when the digital currency…
Bitcoin To Reach Escape Velocity? Analyst Makes The Case
[May 6, 2024 8:00 PM] An analyst has explained how Bitcoin seems to be showing a good setup to reach escape velocity based on the trend in this indicator. Bitcoin VWAP Oscillator Has Been Showing A Bullish Divergence As explained by analyst Willy Woo in a new post on X…
Bitcoin Relative Open Interest Lowest Since Feb, Analyst Says “Hard To Be Bearish”
[May 6, 2024 10:00 AM] Data shows the Bitcoin Open Interest as a percentage of its market cap has been at lows recently, a sign the derivatives side has been healthy. Bitcoin Open Interest Is Now Less Than 2% Of The Market Cap As explained by analyst James Van Straten in…
Here’s Why This Crypto Analyst Believes Bitcoin Is At A ‘Prime Buy Zone’
[May 6, 2024 9:00 AM] Crypto analyst Ali Martinez has revealed that it may still be an excellent time to accumulate Bitcoin. This comes amidst the flagship crypto’s recent price recovery, with the crypto token skyrocketing above $64,000. Bitcoin Is Still In A “Prime…
Here’s When Bitcoin Could Peak In This Accelerated Bull Run: Analyst
[May 6, 2024 2:15 AM] The current Bitcoin price behavior and its deviations from expected cyclical patterns remain a central theme of analysis. Crypto analyst Rekt Capital (@rektcapital) recently shared new insights on X concerning Bitcoin’s potential peak during the…
Bitcoin Relative Strength Jumps To 40%: 10x Research Reveals Next Steps From Here
[May 4, 2024 6:10 PM] Crypto research platform 10x Research recently noted that the Bitcoin Relative Strength has jumped to 40%. In line with this, they provided insights into what major moves the flagship crypto might make soon enough. What Next For Bitcoin? In their…
Analyst Says Bitcoin Price Is Headed To $90,000, Here’s Why
[May 4, 2024 2:00 PM] Bitcoin is now at a critical junction, which many determine its price trajectory for the rest of the year. The crypto has managed to return into $60,000 territory after dropping down to $56,000 for the first time since April. Some analysts are of…
Bitcoin Price Surges Towards $61,000, Eyeing Potential Breakout To $67-$68k Range
[May 3, 2024 4:00 PM] Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a notable resurgence in its bullish momentum, with the Bitcoin price reclaiming the crucial $61,000 threshold. This recovery follows a week-long downtrend that led to a 20%…
Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon
[May 3, 2024 3:00 PM] Crypto expert Michaël van de Poppe has made a bullish case for Bitcoin as he alluded to macroeconomic factors that could soon play out in the flagship crypto’s favor. In line with this, he urged Bitcoin investors to take action with a parabolic…
Bitcoin Bottom In? Retracement From $73,800 Is Deeper And Took Longer To Form
[May 3, 2024 2:00 PM] Some analysts were frightened by the recent drop in Bitcoin prices. Though the coin is showing signs of strength, multiple leveraged longs were liquidated early this week. In a post on X, one analyst thinks Bitcoin might have just found support…
Standard Chartered Bank Analysts Sound Warning Alarm: Bitcoin Price Can Still Drop To $50,000
[May 3, 2024 9:00 AM] Leading international cross border bank, Standard Chartered has predicted steep price declines for Bitcoin, foreseeing a pessimistic future outlook for the pioneer cryptocurrency amidst broader market downturn. Bitcoin Could Plummet To $50,000 As…
Bitcoin’s Make-Or-Break Moment: Trading Guru Predicts Rally Amid Market Uncertainty
[May 2, 2024 10:00 PM] Seasoned trader Peter Brandt has reignited discussions with a bullish Bitcoin forecast that could see the premier cryptocurrency soar to new heights. Amid skepticism and divergent market opinions, Brandt’s projection places Bitcoin on a…
Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”
[May 2, 2024 8:00 PM] An analyst has pointed out how Bitcoin recently closed below a historically important on-chain level, a failure to reclaim which could spell trouble for BTC. Bitcoin Fell Below Short-Term Holder Cost Basis In Latest Crash In a new post on X…
Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?
[May 2, 2024 1:00 PM] As Bitcoin slumps, on-chain data by Ki Young Ju, the founder of the blockchain analytics platform CryptoQuant, paints a stark picture: all new whales, including holders of spot exchange-traded funds (ETFs), are now underwater. New Whales And Spot…
Crypto Analyst Says Bitcoin Must Hold Above $51,800 As ETF Outflows Trigger Crash
[May 2, 2024 12:00 PM] The Bitcoin price continues to trend below $60,000 as a 20% decline triggered a brutal market-wide crash. This has exposed multiple critical support points for the cryptocurrency, some of which the price has already fallen below. In light of this…
Bitcoin On Track For $1 Million Per BTC “Fair Value”, Analyst Says
Bitcoin Bull Run Over? Analyst Predicts What To Expect Now
[May 2, 2024 5:30 AM] The recent plummet in Bitcoin’s value below the $60,000 mark has sparked widespread speculation within the crypto community, raising questions among investors and market watchers about the future direction of its price. Marco Johanning, a…
Bitcoin Hits ‘Danger Zone’: Peter Schiff Warns Of ‘Do or Die’ Scenario
Finance Expert Raoul Pal Says 20% Bitcoin Correction Only Temporary As Euphoria Will Return
[May 1, 2024 8:00 PM] Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has shed light on the current market state and the future outlook of Bitcoin, the world’s largest cryptocurrency. Despite the cryptocurrency witnessing declines of more than…
Bitcoin Bottom Out? Analyst Signal Turnaround Amid Market Slump
[May 1, 2024 6:00 PM] Bitcoin has recently concluded April, marking its most significant monthly decline. Despite the bearish momentum, leading market analysts, including Michael van de Poppe, believe that the worst may soon be over, suggesting that Bitcoin is nearing…
Is This Cycle’s Bitcoin Bottom In? Analysts Forecast BTC Bounce Back
[May 1, 2024 4:00 PM] As May 1st started, Bitcoin (BTC) faced a new correction that made the price stumble under the $60,000 support level. The flagship cryptocurrency has seen several retraces during this bull cycle, with BTC swiftly recovering the crucial support…
Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over
[May 1, 2024 2:00 PM] On Wednesday, Bitcoin sharply declined, dropping below the crucial $60,000 support level. Despite this recent market downtrend, Bitcoin investors remain confident as they believe the flagship crypto can still reach new heights in this market cycle…
Bitcoin Is Fine As Long As It Holds Above $49,000: Analyst
[May 1, 2024 12:30 PM] Despite Bitcoin’s 13% drop in the past week, which saw it break below the psychological $60,000 level and drop 20% from its all-time highs, one analyst on X remains resolute. Drawing from the weekly chart, the trader maintains a bullish…
Bitcoin Euphoria Cools Off As BTC Distribution Enters Fear Zone
[May 1, 2024 11:00 AM] Bitcoin has finally broken below the $60,000 support level for the first time in two months. The world’s largest digital asset has largely been in a euphoria phase since the beginning of the year, particularly after the launch of Spot Bitcoin…
Bitcoin Greed No More: Sentiment Back At Neutral After $57,000 Plunge
Bitcoin Price Dips Below $57,000: 4 Key Reasons
[May 1, 2024 5:42 AM] Bitcoin (BTC) has witnessed a significant drop, falling to $56,556 during Wednesday morning in Europe, marking the lowest point since late February. This downturn represents the sharpest monthly decline since November 2022, with BTC tumbling…
If History Repeats, This Is How Bitcoin Price Will Perform In The Next 6 Months
[May 1, 2024 2:20 AM] In a recent thread on X (formerly Twitter), renowned on-chain analyst Checkmate provided an analysis regarding the future trajectory of Bitcoin. Currently, the premier cryptocurrency hovers around the $60,000 mark, a pivotal moment that echoes…