Big Players Are Buying Bitcoin whales, those who own at least 1,000 BTC, are back in the game. The number of whale addresses is at its highest point since the 2021 bull market. This means a lot of money is flowing into Bitcoin, and it could be a good sign for the future price. Whale…
Bitcoin’s grip on the crypto market is loosening, with its dominance falling below 50%. This could be a sign of trouble for the king of crypto, especially as retail investors are jumping back into the market. Retail Returns, Bitcoin Slips When retail investors get involved, they often prefer altcoins over Bitcoin, hoping for bigger gains….
Bitcoin is currently hovering around $65,000, and analysts are buzzing about what’s next for the king of crypto. The $65,000 Showdown One analyst, MMBT Trader, sees $65,000 as a crucial support level. If Bitcoin holds above this price, he expects a major surge, potentially even breaking its all-time high. However, if it dips below $65,000,…
Bitcoin’s recent price action has some analysts worried. After a failed attempt to break through a key resistance level, things are looking a bit bearish. A Bearish Pattern Emerges One analyst, RLinda, has identified a bearish engulfing pattern on the daily chart. This pattern, where a new candle completely swallows the previous day’s candle, is…
Bitcoin has been on a roll since early September, climbing over 30% from its low point. However, after hitting a high of around $69,500, it’s facing some selling pressure. Despite this, Bitcoin is holding strong above a crucial level of $66,000, which will determine its next move. Bitcoin Buyers Are Gaining Strength New data from…
A crypto analyst thinks Bitcoin is about to skyrocket, drawing comparisons to gold and the S&P 500. They say Bitcoin is forming a “cup and handle” pattern, which often leads to massive price increases. The Cup and Handle Pattern The analyst explains that this pattern is like a textbook example on a big-picture chart. It…
A crypto expert, Sina, is predicting that Bitcoin could reach a whopping $285,000 by the end of 2025. He’s using a fancy model called a quantile regression model to make this prediction. Bitcoin’s Price Zones: Cold, Warm, and Hot Sina’s model divides Bitcoin’s price cycle into three zones: Cold Zone (below 33%): This zone, ranging…
Bitcoin experienced a sudden drop below $67,000 on October 21st, but quickly recovered. This dip was likely caused by a few factors: Bitcoin’s Ties to the Stock Market Bitcoin’s price is closely linked to the stock market. When the stock market takes a tumble, Bitcoin often follows suit. On October 21st, the S&P 500 and…
A crypto analyst is warning that Bitcoin could be headed for a major crash. Bearish Market? Alan Santana, a crypto analyst, believes that Bitcoin’s price could plummet to around $35,720. This represents a massive drop of almost 50% from its current price. He’s calling the current market “bearish” and blames it on a lack of…
Bitcoin is hot right now, and everyone’s talking about it. But one thing is clear: investors are holding onto their Bitcoin like it’s gold. More Bitcoin Holders Than Ever Data shows that more people are holding onto their Bitcoin than ever before. This means they’re not selling, they’re just holding on, waiting for the price…
