Prita Ghozie

Big Money Moves Out of Crypto: A $3.8 Billion Exodus

Institutional investors pulled a record amount of money out of cryptocurrency investment products last week, according to CoinShares. The outflow totalled a staggering $2.9 billion, marking the third consecutive week of withdrawals and the largest single-week drop ever recorded. Over the past three weeks, a total of $3.8 billion has flowed out. What Caused the…

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Bitcoin’s Unexpected Bullish Signal

Analyst Ali Martinez is seeing a unique signal for Bitcoin (BTC), suggesting a potential price surge. He’s noticed a disconnect between Bitcoin’s price and rising global liquidity, which historically has been a strong indicator for Bitcoin bull runs. Bitcoin Lagging Behind Liquidity Global liquidity, a measure of available money in the financial system, has been…

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Bitcoin’s Bullish Bounce: Six Reasons Why

Bitcoin’s price surged past $90,000 after a recent dip, sparking excitement in the crypto world. Veteran analyst Peter Brandt has identified six key reasons for this bullish turnaround. Brandt’s Bullish Bitcoin Indicators Brandt, known for his technical analysis expertise, outlined these factors on social media: The 30% Correction: Bitcoin’s recent drop to around $78,900 represented…

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Bitcoin’s Low Open Interest: A Bullish Sign?

Bitcoin’s open interest recently plummeted to its lowest point in six months. What does this mean for the price of Bitcoin? Several analysts weigh in, offering a surprisingly positive outlook. A Six-Month Low and What it Means Crypto analyst CrediBULL Crypto noticed Bitcoin’s open interest hitting a six-month low. Interestingly, the last time this happened,…

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Bitcoin’s Next Big Dip? A Look at History

Could Bitcoin be headed for a massive price drop? Let’s examine the historical patterns and what analysts are predicting. A History of Bitcoin Crashes Bitcoin’s history shows a recurring pattern: huge price increases (bull runs) are often followed by significant price decreases (bear markets). Analysts are looking at this history to predict the future. Past…

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