Strategy (formerly MicroStrategy) continues its relentless Bitcoin buying spree, adding another 1,045 BTC to its holdings this week. Another Week, More Bitcoin This latest purchase brings their total Bitcoin holdings to a staggering 582,000 BTC, acquired at an average price of ~$70,086. This latest batch cost approximately $110.2 million, with an average price per Bitcoin…
A prominent crypto lawyer, John Deaton, is betting big on Bitcoin, even with its price near $106,000. He’s incredibly bullish, having invested 80% of his net worth in BTC at an average price well below $25,000. He believes the potential for further gains outweighs the risks. Deaton’s Bold Bitcoin Strategy Deaton thinks buying Bitcoin at…
Bitcoin is on a roll! The weekly chart is looking incredibly strong, with the price comfortably above key average prices. All the signs point to continued growth, suggesting this rally could be just the start of something much bigger. Bitcoin’s Strong Performance A recent analysis showed Bitcoin’s amazing performance, closing the week at a whopping…
Bitcoin’s price has been soaring, thanks to institutional investors. It even hit a record high above $111,900! But one analyst thinks the party’s over. The Elliot Wave Theory Predicts a Drop This analyst uses the Elliot Wave Theory, a way to predict price movements by looking at chart patterns. The theory says a five-wave pattern…
A Bitcoin whale, quiet for two years, recently made a huge move, buying 250 BTC for roughly $26.37 million. This has everyone talking. A Whale Awakens This wasn’t just any purchase. This specific Bitcoin wallet hadn’t shown any activity in two years! The last time it moved, it withdrew 500 BTC from Gemini in 2022…
Bitcoin’s price has been on a roll lately, climbing above $105,000 after a slump caused by the drama between Trump and Musk. On-chain data suggests this upward trend might continue. But there’s a twist. Traders Betting Against Bitcoin Data analytics firm Alphractal noticed something interesting: lots of leveraged traders are betting against Bitcoin, hoping its…
Bitcoin’s price has bounced back above $105,000 after a dip caused by some economic jitters and a Twitter spat between Donald Trump and Elon Musk. While things have calmed down a bit, analysts are watching some key price levels closely. What the Experts Say Glassnode, a well-known crypto analytics firm, has done some number crunching…
Bitcoin took a bit of a dive on Thursday. The drama started with a public spat between President Trump and Elon Musk on social media. Bitcoin, which had been hanging out between $104,000 and $106,000, dropped below $101,000. But it bounced back pretty quickly, settling around $104,000. So, what’s the outlook? Bitcoin’s Recent Price Action…
Bitcoin took a bit of a dive recently, dropping around 5% after some drama between Trump and Musk shook the US markets. But don’t worry, some analysts think this dip is actually a good sign! The Bullish Signals One expert, CrypFlow, on X (formerly Twitter), spotted some key indicators suggesting a major price jump is…
Bitcoin’s price has been a bit wobbly lately, dipping below $101,000 last week after hitting a record high of $111,814. While it’s recovered somewhat, there’s still some uncertainty. But one analyst thinks there’s good news. Four More Months of Growth? Crypto analyst Joao Wedson believes Bitcoin could have another four months of upward movement. He’s…
