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…
Bitcoin has been on a wild ride lately, and some experts are worried the crash might not be over yet. Holding the Line at $60,365 Crypto analyst Ali Martinez says Bitcoin needs to stay above $60,365 to avoid a further drop to $57,000. If it can hold this level, he thinks it could bounce back…
A veteran crypto trader, Peter Brandt, has thrown a curveball into the Bitcoin world by suggesting that Bitcoin is forming a “Three Blind Mice” pattern. But what does this mean for the king of crypto? A Bearish Pattern? Brandt’s cryptic tweet, along with a chart, hints at a potential bearish trend for Bitcoin. The “Three…
A popular crypto analyst, Dan Gambardello, believes that Bitcoin might be nearing the end of its recent dip. He’s looking at some key indicators to support his claim. Oversold RSI Points to a Bounce Gambardello is focusing on the 6-hour Relative Strength Index (RSI), a measure of how fast and how much the price of…
Bitcoin has been on a roll, but it’s recently taken a breather. While it’s still hanging around $63,000, some experts think it could dip even lower. A Potential Dip on the Horizon One analyst, Xanrox, thinks Bitcoin might drop below $60,000. They’re looking at a pattern called a “symmetrical triangle” that suggests a possible correction….
The price of Bitcoin took a tumble recently, dropping to $60,164 after Iran launched missile attacks on Israel. This heightened geopolitical tension rattled global markets, including the crypto world. Bitcoin wasn’t immune, experiencing a 4% drop. A Temporary Dip or a Bigger Trend? While many analysts were predicting a strong bullish month for Bitcoin, this…
Bitcoin started October with a big slump, disappointing many investors who were expecting a continued price climb. After a strong run in September, Bitcoin took a dive in the first 24 hours of October, falling below $61,000. This drop was fueled by a combination of factors, including tensions in the Middle East and a wave…
The recent dip in Bitcoin’s price has some investors worried, but CryptoQuant CEO Ki Young Ju isn’t one of them. He believes we’re still in the middle of a bull market, and there’s good reason to be optimistic. Why Ki Young Ju is Bullish on Bitcoin Ki Young Ju’s confidence isn’t just based on gut…
October is here, and crypto experts are feeling optimistic about Bitcoin’s future. One analyst, Eric Crown, thinks Bitcoin could hit new record highs in the last quarter of 2024. Bitcoin’s Recent Rise Bitcoin has been on a tear lately, especially at the end of September. This recent surge has analysts excited about the potential for…
Bitcoin’s Strong Q4 History Bitcoin has a history of strong performance in the fourth quarter. Since 2020, Bitcoin’s average Q4 return has been around 85%. This means that if Bitcoin follows its historical trend, it could reach $118,000 by the end of the year. Why the Market Might Be Missing Out Despite this potential, the…
