Bitcoin’s open interest—a measure of outstanding derivative contracts—has skyrocketed again, surpassing previous record highs. This surge comes as the Bitcoin price has comfortably stayed above $100,000 for a while, boosting investor confidence. History Repeating Itself? This isn’t the first time we’ve seen this. Back in December 2024, open interest climbed past $70 billion, a record…
Bitcoin’s price has been on a tear lately, recently hitting a new all-time high. This surge caused over $470 million in losses for traders betting against Bitcoin (shorting). One analyst believes shorting Bitcoin is now incredibly risky. Why the “Illegal” Shorting Claim? Crypto analyst CrediBULL Crypto declared on X (formerly Twitter) that shorting Bitcoin is…
Bitcoin’s price has been on a tear lately, recently hitting a new all-time high. This surge caused over $470 million in losses for traders betting against Bitcoin (shorting). One analyst believes shorting Bitcoin is now incredibly risky. Why the “Illegal” Shorting Claim? Crypto analyst CrediBULL Crypto declared on X (formerly Twitter) that shorting Bitcoin is…
Bitcoin’s recent price action is hinting at some exciting possibilities. Let’s dive into the details. Bullish Signals Abound According to a recent market analysis, Bitcoin is showing some strong bullish signs. The price closed strongly above both the 25-hour and 50-hour moving averages (SMAs), suggesting a solid foundation for continued growth. This means short-term traders…
Bitcoin might be about to take a bit of a dive, but don’t panic! Experts believe this is a strategic move before a major price jump. The Final Dip? Crypto analyst Tehi Thomas predicts Bitcoin (BTC) will drop below $107,000 before skyrocketing to new highs. This isn’t a market crash, but a controlled correction. Thomas…
Bitcoin’s recent price action has analysts buzzing, with some predicting a significant upward move, while others caution about potential downsides. Let’s break down the different perspectives. Bullish Signals Several analysts see positive signs for Bitcoin. One analyst, MaxFINEancial, points to a “double bottom” pattern forming within a larger bullish flag on the 1-hour chart. This…
Bitcoin is hanging around $108,000, with some minor dips lately. It briefly hit $109,116 but couldn’t hold that level. Things have been pretty calm price-wise above $106,000. But one analyst, Doctor Profit, thinks Bitcoin is still looking good and has two possible scenarios for what’s next. Scenario 1: A Quick Dip Before Soaring Higher This…
Bitcoin’s price is hanging around its all-time high, but one analyst, FriendlyRox, isn’t convinced the party will last. They’re predicting a massive price crash, potentially cutting Bitcoin’s value in half. The Warning Signs FriendlyRox points to several key indicators flashing red: Falling Volume and Momentum: Trading volume and market momentum are both dropping, despite positive…
Bitcoin recently hit its highest weekly closing price ever. Now, it’s in a bit of a holding pattern, testing key support levels before potentially making another big jump. Some analysts think this is just a quiet period before things get really exciting. Key Support Levels Confirmed Bitcoin closed above some really important price points last…
Bitcoin’s price has been steadily climbing, recently surpassing $108,000 and showing strong bullish momentum. Could this be the start of another massive price surge? Following a Familiar Pattern? Crypto analyst Merlijn The Trader believes Bitcoin is entering its third “parabolic phase,” mirroring similar rallies in 2017 and 2021. His analysis shows a consistent pattern: a…
