Bad News First: Bitcoin Might Dip A crypto expert is worried about Bitcoin. They’re seeing a pattern that suggests Bitcoin might go down a bit before it goes up. This pattern is called a “death cross” and it basically means the 50-day average price is below the 200-day average price. This has happened before, and…
Sovereign wealth funds (SWFs) could be the key to sending Bitcoin to new heights, according to Bitcoin advocate Daniel Batten. He believes that if these funds, which manage trillions of dollars, were to invest even a small percentage of their assets in Bitcoin, the price could skyrocket to over $148,000. Why SWFs Are Holding Back…
Bitcoin’s price has been stuck in neutral lately, with investors unsure about what’s next. Crypto analyst Michael van de Poppe thinks Bitcoin could take a tumble, potentially dropping as low as $48,000. Inflation Report and Bitcoin’s Fate Van de Poppe says if the Consumer Price Index (CPI) inflation report comes out looking bad, Bitcoin could…
Despite Bitcoin’s recent price dips, things are looking good for the cryptocurrency. Bitwise CIO Matt Hougan has shared some interesting insights from the latest financial reports, suggesting that big investors are really getting into Bitcoin. Institutional Investors are Embracing Bitcoin The number of institutional investors holding Bitcoin ETFs has increased significantly. This shows that more…
Bitcoin has become mainstream, and institutions are jumping on board. Over the past few years, they’ve been buying up Bitcoin like crazy, and now they’re the biggest players in the game. No More Private Players in the Top 10 The top 10 Bitcoin wallets are now dominated by governments and companies. The only private entity…
Bitcoin has been trading above $20,000 for almost two years now, and some people think it will never go back down. But one analyst thinks it’s only a matter of time. A Possible Crash A crypto analyst known as “Without Worries” has been studying Bitcoin’s price movements and thinks it could drop back down to…
Stablecoins Are Flowing In Bitcoin could be on the verge of a price surge, according to market researcher Markus Thielen. He says a massive influx of stablecoins, totaling $2.5 billion, is a strong indicator of institutional investors pouring money into the crypto market. Thielen explains that monitoring money flows in the crypto market is crucial…
Veteran crypto analyst Peter Brandt has spotted a peculiar pattern in Bitcoin’s price chart – an inverted triangle. He’s using his classic charting skills to figure out what this means for Bitcoin’s future. What’s the Triangle All About? Brandt noticed this triangle pattern in Bitcoin’s price chart from May 2023 to November 2024. Triangles in…
A crypto analyst, known as “Sensei,” is super bullish on Bitcoin and thinks it’s about to break out of a bear trap and skyrocket to $72,000. Sensei’s Predictions Sensei has been studying Bitcoin’s price charts and sees a pattern that suggests a big jump is coming. He believes that Bitcoin’s recent drop was actually a…
A crypto analyst, CryptoCon, thinks Bitcoin is about to hit a new high. They’re using a fancy technical indicator called the Fibonacci extension, and it’s predicting Bitcoin will reach $109,000 by the end of the year. The Fibonacci Extension: A Magical Indicator? CryptoCon claims this indicator has always been right about Bitcoin’s price peaks in…
