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Bitcoin Price Consolidates Losses But Recovery Could Face Hurdles

[Apr 2, 2024 9:02 PM] Bitcoin price extended its decline below the $65,000 support zone. BTC is now consolidating losses and might attempt a recovery wave toward $67,000. Bitcoin price declined further below the $65,500 and $65,000 levels. The price is trading below…

Ethereum And Altcoins Crash: Why Is This Analyst Super Bullish?

[Apr 2, 2024 11:30 AM] Altcoins like Ethereum, Cardano, Solana, and the rest might be lower at spot rates. However, according to one analyst who sees a parallel in the current formation to the 2020 market cycle, they are gearing up for a potential surge.  In a post on X…

Tether Buys 8,888 Bitcoin For $618 Million, But Why Is Price Down?

[Apr 2, 2024 7:00 AM] On-chain data shows that the world’s largest stablecoin issuer, Tether, recently added more Bitcoin to its holdings. The magnitude of the purchase has caused the crypto community to speculate on why Bitcoin’s price has dipped instead when such a…

Bitcoin Price Tumbles Below $66,000: 4 Major Reasons

[Apr 2, 2024 2:50 AM] The Bitcoin market has witnessed a significant downturn, with prices plummeting below the $66,000 mark. This abrupt -5.6% price movement can be attributed to four major factors: a long liquidation event, a rising US Dollar Index (DXY)…

Bitcoin Price Dumped To $66K As Bears Gain Strength, $64K Next?

[Apr 1, 2024 9:02 PM] Bitcoin price started another decline from the $70,000 resistance zone. BTC is down over 5% and there was a move below the $67,500 support. Bitcoin price is gaining bearish momentum from the $70,000 resistance zone. The price is trading below…

Hedge Fund Manager Predicts When Bitcoin Price Will Reach $150,000

[Apr 1, 2024 6:05 PM] Founder and Chief Executive Officer (CEO) of Morgan Creek Capital Management, Mark Yusko has predicted a massive price increase for Bitcoin during the 2024 bull cycle. Emphasizing  Bitcoin’s immense potential, the hedge fund manager has crowned it…

Bitcoin Halving Inches Closer With Less Than 2,900 Blocks Left

[Apr 1, 2024 3:00 PM] The Bitcoin Halving is fast approaching, with less than 2,900 blocks left before miners’ rewards are cut in half. This event, projected to take place sometime in April, is significant as Bitcoin’s price could enjoy a parabolic move to the upside…

Start Selling Bitcoin When This Happens, This Quant Says

[Apr 1, 2024 1:30 PM] A quant has explained that the past pattern in the Bitcoin taker buy-sell ratio metric may suggest the best window to start selling the asset. Bitcoin Taker Buy Sell Ratio May Reveal Selling Opportunities In a CryptoQuant Quicktake post, an analyst…

Can This Bullish Chart Pattern Propel Bitcoin Price To $75,000?

[Mar 30, 2024 5:05 AM] The Bitcoin price has experienced a notable resurgence over the past week, drawing parallels to the optimism often associated with Holy Week among Christians. This renewed momentum has infused the entire market, leading to significant profits for…

Bitcoin Price Primed To Clear $71,500 and Rally Again

[Mar 28, 2024 8:09 PM] Bitcoin price is again rising above the $70,000 resistance zone. BTC seems to be setting up for a steady increase above the $71,500 resistance zone. Bitcoin price is climbing higher and above the $70,000 resistance zone. The price is trading above…

The Bulls Are Back: Spot Bitcoin Inflows Surge With New Records

[Mar 28, 2024 9:00 AM] Bitcoin bulls look to be firmly back in the driver’s seat following weeks of seeing BTC suffer a bearish sentiment with its price dips. The current bullish outlook for the flagship crypto is evident in the fact that the Spot Bitcoin ETFs are again…

Bitcoin Price Faces Uphill Task But Indicators Signal More Upsides

[Mar 27, 2024 10:55 PM] Bitcoin price is consolidating gains above the $69,000 support zone. BTC must clear the $71,500 resistance zone to start a steady increase. Bitcoin price is still showing positive signs and facing resistance near $71,500. The price is trading above…

Will Bitcoin Break $74,000 Driven By TradFi FOMO?

[Mar 27, 2024 10:00 AM] Willy Woo, an on-chain analyst, believes the Bitcoin upswing is far from over. Citing the development in the Bitcoin Macro Oscillator and the possibility of traditional finance jumping on the bandwagon (FOMO), the odds of BTC rallying in at least…