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…
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….
