Bitcoin’s price has been on a downward trend recently, and there are a few reasons why. Recession Fears The possibility of a US recession is causing a lot of anxiety in the financial markets, and Bitcoin is no exception. The Federal Reserve is getting ready to make a decision about interest rates, and many people…
Bitcoin had a rough August, losing over 8% of its value. This follows a similar trend from April, where the price dropped even more significantly. Now, some are worried that September will bring even more pain for Bitcoin investors. The Curse of September 5th? One analyst, known as @thedefivillian on X, believes a major Bitcoin…
Bitcoin’s been hanging around $58,877 lately, not making any big moves. August wasn’t great for the crypto king, with prices dropping by 8.46%. So, what’s the outlook for September? Bitcoin’s in Decision Mode One analyst, Grizzly, is looking at the Puell Multiple Index, a tool that measures how profitable miners are. Right now, the index…
Why $66,000 is a Big Deal for Bitcoin A crypto expert says Bitcoin needs to climb above $66,000 to stay healthy. He’s looking at something called the “warm supply realized price,” which basically tells us how much people paid for Bitcoin that they’ve held for a few months. What Does It Mean? Above $66,000: People…
A prominent crypto figure, Arthur Hayes, is predicting a strong fourth quarter for Bitcoin and the broader crypto market. He compares central bank policies to his own skiing diet, saying that just like quick energy snacks, interest rate cuts are a temporary boost that needs to be balanced with more sustainable policies. Here’s why Hayes…
Bitcoin has been stuck in a range for a while, bouncing between $54,000 and $71,500. This has made some traders nervous, with the Fear and Greed Index showing a “fear” score. But some experts believe this is a good time to buy. History Repeating Itself? James Seyffart, a Bloomberg ETF expert, thinks the current situation…
Bitcoin is on the rise again, and one analyst thinks it could be about to break its all-time high. October Could Be a Big Month Rekt Capital, a crypto analyst, is predicting a major price surge for Bitcoin in the coming weeks. He’s looking at historical patterns and sees a strong possibility of a breakout…
Many crypto traders try to predict the best time to buy Bitcoin, hoping to catch it at its lowest point. One analyst, R.N. Elliot, believes he’s found that perfect time. The “Double Zigzag” Pattern Elliot uses a technical analysis tool called the “Elliot Wave” to predict Bitcoin’s price movements. He’s identified a “Double Zigzag” pattern,…
Bitcoin’s recent price jump, fueled by Fed Chair Jerome Powell’s speech, has everyone talking. Analysts at QCP Capital believe Bitcoin will continue to trade within a specific range until the end of the year. Interest Rates and Bitcoin QCP Capital is keeping a close eye on interest rate changes. They believe that lower interest rates…
Bitcoin has been a bit sleepy lately, but it woke up with a bang on Friday! After a slow week, the price of Bitcoin jumped by almost 7%, pushing it back above $64,000. This surge seems to have been sparked by Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole economic symposium. A Key…
