Bitcoin’s price has been on a wild ride lately. Let’s break down what’s happening and what experts predict. Bitcoin Takes a Dip Bitcoin recently fell below $75,000 for the first time since November, hitting a five-month low. This drop, partly due to global economic uncertainty, saw Bitcoin lose around 9.1% of its value. While it…
A false report about a potential tariff change sent shockwaves through financial markets, including a dramatic Bitcoin price swing. Let’s break down what happened. The Fake News Flash and Bitcoin’s Jump Around 10:10 AM ET, a rumor spread like wildfire: the White House was supposedly considering a 90-day pause on tariffs for all countries except…
A crypto analyst, Melika Trader, is predicting a potential Bitcoin price crash of up to 60%, sending BTC plummeting to $49,000. Let’s break down their analysis and what it means. A Potential 60% Bitcoin Crash Melika Trader, using data from Binance, points to a critical support level that Bitcoin is precariously perched above. A break…
Bitcoin’s network just smashed a record! Its processing power, called the hashrate, recently topped an incredible 1 Zetahash per second (ZH/s). That’s a huge milestone in Bitcoin’s 16-year history. When Exactly Did It Happen? Different websites tracking Bitcoin’s hashrate report slightly different dates. Some say it happened around April 4th, 2023, others say April 5th….
Bitcoin’s price is stuck in a tight range, creating what analysts call a “triangle pattern.” This pattern often leads to big price swings, either up or down. The Triangle Pattern Explained A crypto analyst, Ali Martinez, noticed this pattern on the Bitcoin chart. He pointed out how Bitcoin’s price has been bouncing between higher lows…
Bitcoin has been surprisingly calm lately, even with the US stock market tanking. While blue-chip stocks have taken a beating, Bitcoin’s price has stayed relatively stable. But is this calm before the storm? Is Bitcoin Sales Pressure Building? Crypto analyst Axel Adler Jr. thinks so. He’s been looking at a model that combines two key…
Bitcoin showed surprising resilience last week, holding steady above $80,000 even as the US stock market experienced a massive sell-off. This has sparked a debate about Bitcoin’s relationship with traditional assets. Stocks Plummet, Bitcoin Holds Firm The US stock market took a huge hit, losing a staggering $2.85 trillion on April 3rd and another $3.25…
Bitcoin’s been stuck in a rut lately. After a sudden drop from $90,000 to around $77,000 a month ago, it’s been struggling to break free from the $82,000 – $87,000 range. Currently, it’s hovering around $83,000 – not much change in the last day or week. Could Bitcoin Hit $95,000? But don’t count Bitcoin out…
Crypto analyst Tony “The Bull” Severino is urging caution: don’t compare Bitcoin’s current price action to its 2017 bull run. He says a key indicator tells a different story. A Technical Indicator’s Tale Severino’s warning centers around the monthly stochastic oscillator, a tool that gauges whether an asset is overbought or oversold. Looking at Bitcoin’s…
Bitcoin’s price has been relatively stable lately, hovering around $84,000. While it briefly touched $87,000 a couple of days ago, it hasn’t made any huge moves recently. This is interesting, considering the US stock market’s recent slump after President Trump announced new tariffs. It suggests Bitcoin might be becoming less tied to traditional markets. A…
