Bitcoin exchange-traded funds (ETFs) in the US have been attracting a lot of investor money lately, even though the price of Bitcoin itself has been struggling. This is a bit unusual, as ETF performance usually follows Bitcoin’s price closely. A Billion-Dollar Week for Bitcoin ETFs Last week was a good one for US Bitcoin ETFs,…
Bitcoin had a rough weekend. After hitting a high of $106,000 on Friday, it quickly dropped to just above $103,000. It hung around $104,000 for a while, but then took another dive late Saturday, falling to about $101,500. So, what’s the deal? The $100,000 Support Level Crypto analyst, Titan of Crypto, thinks Bitcoin might test…
Bitcoin’s price has been a bit of a rollercoaster lately. After hitting a new high a month ago, it’s been struggling, dipping as low as $101,000 due to things like new US tariffs and rising tensions between Israel and Iran. Currently, it’s hovering around $104,000, down slightly from yesterday. A Crucial Price Range But data…
Bitcoin’s price has been bouncing around between $100,000 and $111,000 in June. While it hasn’t seen the super-fast price increases of the past, it’s stayed above $100,000, showing some stability. Active Addresses: A 2020 Echo Recently, analysts noticed something interesting: the number of active Bitcoin addresses is similar to what it was in 2020. An…
Bitcoin is making headlines again, and some analysts believe a major price surge is imminent. Let’s dive into what’s driving this excitement. RSI: A Historical Indicator? Analyst Moustache points to Bitcoin’s monthly Relative Strength Index (RSI) as a key indicator. Historically, when the RSI hits “overbought” territory (meaning it’s unusually high), major price rallies have…
Bitcoin took a bit of a tumble recently, dropping from around $106,000 to $102,000. This caused some investors to sell off their holdings. But what does the future hold? Let’s look at what some analysts are saying. Analyst Predictions: A Potential Drop to $92,800? Crypto analyst Colin believes Bitcoin could fall further, potentially reaching $92,800….
Bitcoin’s price has been a bit sluggish lately, after a recent attempt to reach new all-time highs. It took a pretty big hit on June 20th, dropping below $103,000 for a short time, along with the rest of the crypto market. But some analysts think this might actually be a good thing. A Look at…
A crypto analyst is predicting that Bitcoin’s strong performance might mean bad news for altcoins. They believe Bitcoin’s dominance is too powerful for other cryptocurrencies to gain significant ground anytime soon. Bitcoin’s Price Action and the Fed Bitcoin recently hit around $104,000 after a small price increase. A brief dip to $103,000 was quickly reversed…
Bitcoin’s price has been stuck in a narrow range around $105,000 lately, with neither buyers nor sellers clearly in charge. But a hidden signal might suggest a big move is on the horizon. A Repeating Pattern A crypto analyst, Luca (@CrypticTrades_), spotted something interesting on Bitcoin’s 4-hour chart: a bullish divergence. This is a technical…
Bitcoin’s price has recently strayed from its usual relationship with the global M2 money supply (the total amount of money in circulation). This has some people worried that the bull market might be ending. But is there really cause for concern? Bitcoin’s Price and the M2: A Temporary Disconnect? Analyst Colin pointed out this price…
