Bitcoin recently took a bit of a dive, dropping 4.5% to around $103,000. But don’t panic! Some analysts think this is just setting the stage for a much bigger move. Is Bitcoin Ready to Explode? Bitcoin has been trying to break through the $108,000-$109,000 resistance level for a month now, without success. Trader Daan Crypto…
Bitcoin’s dominance is soaring, leaving many wondering if altcoins will ever have their moment in the sun. Let’s dive into what’s happening. Bitcoin’s Dominance Reigns Supreme Crypto analyst Daan Crypto points out that Bitcoin’s dominance is now over 64% and climbing. He believes this trend will continue as more big companies are buying up Bitcoin….
Bitcoin’s price has been doing a rollercoaster lately, mainly because of the tense situation in the Middle East. Middle East Tensions and Bitcoin’s Dip After a nearly 5% drop due to the rising geopolitical tensions, Bitcoin bounced back above $105,000, trading around $106,800. While it briefly touched $108,000, a crypto analyst predicts a potential crash…
A massive wave of corporate Bitcoin adoption is underway. In just five days (June 9th-13th), over 60 companies made announcements related to Bitcoin, showcasing a huge surge in interest. This shows businesses are increasingly viewing Bitcoin as a mainstream financial asset. New Bitcoin Treasuries Emerge Six companies created brand new Bitcoin treasuries, adding a combined…
A crypto analyst, X Force, is looking at past Bitcoin price patterns to predict the future. Their analysis suggests good things for Bitcoin, but warns of a potential price drop. A Bullish Outlook Based on Past Trends X Force points to a specific price pattern from early 2023. This pattern, they argue, shows that the…
Bitcoin’s price has been bouncing around lately, but a new analysis suggests a big move is coming. This analysis combines Bitcoin’s price chart with global money supply data, and the results are pretty interesting. The Money Supply Connection A crypto analyst, known as “The M2 Guy,” found a strong link between Bitcoin’s price and the…
Bitcoin’s recent performance hasn’t exactly been stellar. While it’s still above $100,000, it’s failed to hit new highs and even took a dive thanks to the Israel-Iran conflict, wiping out its weekly gains. This has the bears feeling pretty confident. A Deep Dive Below $90,000? Crypto analyst MIRZA predicts a potential Bitcoin crash, possibly pushing…
Bitcoin’s price has been stuck in a rut for months, bouncing between $61,000 and $104,000. This reminds some traders of the 2020-2021 period, when Bitcoin traded sideways between $31,000 and $64,000 before a massive crash. A Familiar Pattern? This price range from $61,000 to $104,000 is eerily similar to the “distribution zone” seen before Bitcoin’s…
Bitcoin’s price has been a bit of a rollercoaster lately, mostly due to global political tensions. It’s currently hanging around $105,000-$106,000 after a dip below $103,000. But despite the ups and downs, the market is showing some interesting signs. Bitcoin’s Growth: A Mature Market’s Strength Data analysts at Glassnode have been looking at Bitcoin’s price…
Bitcoin’s price has been bouncing around lately, showing some signs of life after dipping below $104,500. It’s currently trading above $106,000, and some technical indicators suggest a potential rally is brewing. The Golden Cross: A Bullish Sign? According to crypto analyst Titan of Crypto, Bitcoin is close to confirming a “golden cross” on the daily…
