Bitcoin traders express optimism even as BTC price targets shift lower
[Jul 4 4:45 PM] Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower.
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Why Did Bitcoin Plunge Under $58,000? On-Chain Data Says This
[Jul 4 3:00 PM] Bitcoin has observed a crash below the $58,000 level today. Here’s what could be a potential cause for it, according to on-chain data. Bitcoin Long-Term Holders Have Just Taken Large Profits As pointed out by an analyst in a CryptoQuant…
Bitcoin Closes CME Gap, Expert Predicts What Happens Next
[Jul 4 12:30 PM] Crypto expert Michael van de Poppe has highlighted an important indicator which suggests that Bitcoin could make a crucial bounce from its current price level. This follows the flagship crypto’s recent decline below $60,000. BTC’s CME Gap…
Bitcoin Alert: Mt. Gox Starts Repayments With Small Exchange Transfer
[Jul 4 11:00 AM] According to data from Arkham Intel, Mt. Gox has initiated the process of repaying creditors by transferring a nominal amount of Bitcoin to one of the designated exchanges. This development follows months of speculation and planning concerning the…
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
Crypto Market In Panic As Bitcoin Crash To $57,000 Sends 105,000 Traders To The Slaughter
[Jul 4 8:00 AM] The crypto market is in a state of panic with a market-wide crash that has shaken Bitcoin and altcoins. With the Bitcoin price continuing to fall from support after support, tens of thousands of traders have lost their positions, leading to…
Bitcoin To Bounce Back? Analyst Predicts $90,000 After $58K Drop
Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop
[Jul 4 6:26 AM] Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to…
Bitcoin Examined: These Critical Points Are ‘Very Bad’ For BTC, Analyst Says
[Jul 4 3:35 AM] Popular crypto analyst Crypto Rover is navigating the choppy waters of the Bitcoin market, offering a measured analysis tinged with cautious optimism. In a recent YouTube video, Rover dissected the recent price action, highlighting both bearish…
Bitcoin Price Could Massively Crash Like In May 2021, Warns Fund Manager
[Jul 4 2:05 AM] Bitcoin’s price has fallen below the critical support level of $60,000, reaching a low of $57,914. Since Tuesday, Bitcoin has experienced a further 7% decline, reinforcing the ongoing downward trend. Currently, market sentiment is shifting…
Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst
[Jul 4 1:21 AM] Selling pressure from Bitcoin Cash (BCH) and lack of liquidity is the story to watch once Mt. Gox begins redemptions, writes Presto Research.
Crypto Carnage: Nearly $200 Million Liquidated as Bitcoin Slips Below $61,000
[Jul 4 12:00 AM] In a turbulent 24-hour trading session, the cryptocurrency market saw nearly $200 million wiped out in liquidations as Bitcoin price dropped below $61,000. This sharp decline triggered a wave of liquidations, affecting many investors and traders…
Bitcoin Price Crash Is Buy Opportunity As Wallets Holding 10+ BTC Reaches New ATH
[Jul 3 11:00 PM] Bitcoin continues to be incredibly bearish amid negative market headwinds but that has not stopped investors from taking their positions during this time. These large investors who are holding more than $600,000 worth of Bitcoin have been…
Ethereum Set to Eclipse Bitcoin: ETFs Could Catapult ETH to New Heights — K33 Research
[Jul 3 10:00 PM] As the global financial markets prepare to launch U.S.-based spot Ethereum exchange-traded funds (ETFs), Ethereum is positioned to potentially outperform Bitcoin, according to a new analysis by K33 Research. This comes amid concerns that Bitcoin…
Bitcoin falls below $58K on Coinbase, first time in 2 months
[Jul 3 9:10 PM] The price of Bitcoin briefly dropped to $57,874 amid a wider sell-off in the crypto market, while $54.9 million in Bitcoin long positions have been liquidated in the last 24 hours.
Bitcoin Price Takes a 5% Hit: Can Bulls Save The Week?
[Jul 3 8:51 PM] Bitcoin price failed to start a fresh increase above the $62,850 resistance zone. BTC started another decline and tumbled 5% to test $58,000. Bitcoin started a fresh decline and traded below the $60,000 zone. The price is trading below $61,500 and…
Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?
[Jul 3 8:00 PM] Bitcoin is down at press time, wiping the weekend’s gains and inching closer to $60,000. If bears press on, increasing their shorts, the odds of the coin sliding below the psychological number and $56,800 remain high. Glassnode: STHs Are In…
Longest Miner Capitulation Since 2022 Signals Potential Bitcoin Rally Ahead
[Jul 3 6:30 PM] Bitcoin (BTC) has recently struggled to regain bullish momentum, remaining in a consolidation phase just above the crucial $60,000 support. Despite reaching an all-time high three months ago, the largest cryptocurrency witnessed a dip to as low as…
British Mega Bank Standard Chartered Says Bitcoin Will Hit $100,000, Here’s When
[Jul 3 5:00 PM] British mega bank Standard Chartered has made a bullish prediction for Bitcoin (BTC), the world’s largest cryptocurrency. The multinational bank has projected that Bitcoin will surge as high as $100,000 from its current price of above $60,000…
Bitcoin trades in ‘enthusiastic’ phase as data hints at upcoming range expansion
[Jul 3 3:40 PM] Bitcoin’s volatility is compressing, which is a sign that a sharp range expansion is brewing.
Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights
[Jul 3 12:30 PM] Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions that may signal…
Bitcoin Price Drops Below $60,000: Key Reason Explained
[Jul 3 11:00 AM] The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at…
Analyst Says Bitcoin Is Hitting Range Bottom, “Right Before The Fireworks”
[Jul 3 9:30 AM] Crypto analyst Quinten François has provided an ultra-bullish narrative for the Bitcoin future trajectory. The analyst suggested that things are about to get interesting for the flagship crypto, predicting it could rise to as high as $4.5 million. …
Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap
[Jul 3 5:53 AM] Bitcoin’s price on July 3, 2024, stands at $60,177, with a 24-hour intraday range from $59,712 to $62,974. The trading volume over the past 24 hours reached $24.36 billion, and the market capitalization is currently at $1.18 trillion…
What pushed Bitcoin price below $60K? Charts point at potential Mt. Gox repayment
[Jul 3 5:11 AM] Bitcoin has been in a downtrend since the beginning of June, struggling to gain upward momentum despite positive ETF inflows.
Crypto Analyst Says Next Bitcoin Target Is $78,700 If BTC Breaks This Resistance
[Jul 3 12:00 AM] An analyst explained that the next target for Bitcoin could be $78,700 if BTC could cross this resistance level of an on-chain pricing model. Bitcoin MVRV Extreme Deviation Pricing Bands Put Resistance At $65,800 In a new post on X, analyst Ali has…
Fundstrat’s Head Of Research Says Bitcoin Will Reach $150,000, Here’s When
[Jul 2 9:00 PM] Fundstrat’s head of research, Tom Lee has doubled down on his initial Bitcoin prediction, strongly emphasizing that the pioneer cryptocurrency will surge to $150,000. The Wall Street strategist highlighted Bitcoin’s strong bullish outlook…
Bitcoin Price Takes a Step Back: Analyzing The Recent Correction
[Jul 2 8:48 PM] Bitcoin price failed to continue higher above the $63,650 resistance zone. BTC is now correcting gains and might revisit the $60,850 support. Bitcoin started a downside correction from the $63,650 resistance zone. The price is trading below $62,500…
Buckle Up: Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge
[Jul 2 8:00 PM] Amid the current Bitcoin market performance suggesting signs of a rebound, prominent crypto analyst Wise Advice has highlighted a critical indicator in Bitcoin’s trading pattern. Bollinger Bands Signal 200% Bitcoin Surge According to the…
Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in August
[Jul 2 5:16 PM] Standard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S. presidential election. The bank’s analyst expects a Trump victory to boost the price of bitcoin, while maintaining…