The Bitcoin market has been a bit of a rollercoaster lately, but some analysts think we’re still in the early stages of a big bull run. They’re using a tool called the “Wall Street Cheat Sheet” to track the market’s mood and predict where Bitcoin is headed. What is the Wall Street Cheat Sheet? The…
A crypto analyst named Ash Crypto believes Bitcoin could reach $100,000 by the end of the year. He’s not alone – other experts have made similar predictions. Why Bitcoin Could Skyrocket Ash Crypto points to several factors that could push Bitcoin’s price higher: Halving Cycles: Bitcoin’s price typically goes through a period of consolidation after…
Bitcoin’s price has been stuck in a rut lately, failing to build on its recent gains. It’s hovering around $62,000, which is a bit of a bummer for those hoping for a big jump. Short-Term Holders Feeling the Heat The problem? Short-term Bitcoin holders are feeling the pinch. They bought their Bitcoin at a higher…
Bitcoin ETFs Take a Hit The first week of October wasn’t great for Bitcoin ETFs. They lost over $300 million in investments, ending a three-week winning streak. This happened right after Bitcoin itself dropped over 6% in the first few days of the month. Why the Dip? The main reason for the dip was the…
Bitcoin is hanging around the $62,000 mark, pretty much stuck in the same spot for the past day. It’s been in a holding pattern since its small gains last Friday. While many investors are expecting a big jump in price by the end of 2024, there are a few things that need to happen first….
Bitcoin had a rough start to October, dipping below $60,000. This was likely due to tensions in the Middle East. However, the coin has bounced back, trading above $62,000. Liquidations: A Sign of Hope? Analysts are pointing to a recent wave of liquidations in the Bitcoin futures market as a positive sign. Liquidations happen when…
Bitcoin started October with a bit of a slump, dropping over 7% in the first few days. While it bounced back a bit on Friday, investors are still feeling a bit uneasy. Fear in the Air The Bitcoin Fear and Greed Index is currently sitting at 37, which means a lot of people are hesitant…
Bitcoin’s big players are acting differently this time around. They’re not cashing out as much as they usually do during bull markets, which has some people wondering what’s going on. Whales Are Holding Back on Profits According to CryptoQuant founder Ki Young Ju, Bitcoin whales are taking much smaller profits than they have in previous…
Bitcoin’s price has been stuck in a range this year, leaving many wondering if the bull run is over. While experts debate the future, some on-chain data offers a glimmer of hope. Whales Are Holding On CryptoQuant CEO Ki Young Ju has pointed out that Bitcoin whales (large investors) have taken less profit this cycle…
October 2023: A Turning Point for Bitcoin Remember last October? Bitcoin took a dip at the beginning of the month, but then it exploded! It rallied for months, reaching a new all-time high. This October, Bitcoin seems to be doing the same thing. Deja Vu: October 2024 This October, Bitcoin started strong, but then took…
