Bitcoin’s price has taken a slight dip recently, dropping about 2% in the last 24 hours. It’s been bouncing around between key support and resistance levels, leaving many wondering what’s next. Recent Price Action and Analyst Opinions Bitcoin saw a small price correction after the Federal Reserve released its meeting minutes. The price dropped from…
Bitcoin’s price has been pretty stable lately, hovering between $106,000 and $112,000 after hitting a new high of $111,814. Even though miners sold off some Bitcoin after that high, the price stayed above $108,000. Why? Because long-term holders, the “diamond hands,” stepped in and bought the dip. Long-Term Holders are Accumulating Data shows that long-term…
Bitcoin’s price has been on a rollercoaster lately. It briefly soared past $111,900, then dipped to around $106,683 before settling near $109,060. While that’s a slight dip over 24 hours, it’s still up for the week. A Bold Prediction and Mixed Reactions “The Bitcoin Therapist” on X predicted Bitcoin could hit $120,000 by the end…
Bitcoin is looking bullish, according to recent analysis. After a healthy correction, it’s poised for a potential price surge. A Bullish Forecast A crypto analyst, Weslad, predicts Bitcoin could hit $122,000. That’s an 11% jump from its current price. This prediction is based on a technical pattern called an AB=CD, which has historically indicated significant…
Bitcoin’s price has been on a rollercoaster lately, spiking above $111,800 before dipping slightly. Despite the short-term volatility, many believe the bigger picture is far more positive. The Emotional Rollercoaster of Bitcoin Holding Bitcoin is, according to Apollo co-founder Thomas Fahrer, 90% frustrating. But he emphasizes that long-term holders are ultimately rewarded. He shared a…
Bitcoin’s recent price surge has analysts buzzing about its next move. After hitting a new all-time high of $111,814, it’s now consolidating, but some believe this is just the beginning of another major price increase. Bitcoin’s Second Uptrend Bitcoin recently broke out of a period of sideways trading, successfully retesting the $104,500 level as support….
Bitcoin recently hit a new all-time high of $111,900, but then quickly dropped below $110,000. This caused some investors to worry. However, some analysts believe the rally isn’t over yet. Macroeconomic Indicators Suggest Continued Growth One analyst, Colin, points to the Global M2 Money Supply as a reason for optimism. This indicator reflects the total…
Bitcoin’s price has been on a rollercoaster lately. Trump’s surprise 50% tariff on EU imports sent shockwaves through the market, and Bitcoin wasn’t immune. The Initial Drop The announcement caused Bitcoin to plummet from its all-time high near $111,800 to around $107,500 in a matter of hours. While it briefly recovered towards $109,000, the battle…
Bitcoin’s price has cooled off a bit after a strong run, leaving it just shy of its all-time high. While the recent price action might seem typical for a weekend in the crypto world, some interesting things are happening behind the scenes. Short-Term Holders Are Distributing Data suggests that short-term Bitcoin holders (STHs) – those…
Bitcoin recently hit a new all-time high of $111,970, only to dip slightly afterward. But don’t worry, at least one analyst thinks the climb isn’t over yet. The Advanced NVT Metric: A Bullish Signal? A key indicator called the Advanced Network Value to Transactions (NVT) suggests Bitcoin’s price could keep rising. NVT compares Bitcoin’s market…
