Metaplanet, a Japanese company, has become a major player in the Bitcoin world. They’ve quietly amassed a whopping 20,000 Bitcoin, making them one of the biggest corporate Bitcoin holders globally. A Big Bitcoin Buy Their recent purchase of over 1,000 BTC pushed their total holdings over the 20,000 mark, surpassing even Riot Platforms. This isn’t…
Bitcoin’s been on a rollercoaster lately. After reaching record highs, it’s taken a serious dive, dropping over 10% and falling below $110,000. While some are hoping for a rebound, one analyst, MMBTtrader, thinks the worst is yet to come. A Deep Dive into the Bear Market MMBTtrader points out that Bitcoin’s already facing major pressure,…
Is the recent Bitcoin price drop the bottom of the barrel, or is there more downside to come? A look at social media sentiment suggests we might not have hit bottom yet. The “Buy the Dip” Hype Isn’t a Good Sign Santiment, a crypto analytics platform, says the recent surge in “buy the dip” chatter…
Bitcoin’s price recently dipped below a key support level, sparking concerns about a potential market correction. Let’s break down what happened and what it might mean. Below the Short-Term Holder (STH) Realized Price Again Crypto analyst Burak Kesmeci pointed out that Bitcoin’s price closed below the Short-Term Holder (STH) Realized Price for the second time…
Bitcoin’s been on a bit of a rollercoaster lately. After hitting a record high of $124,427 on August 14th, it’s dropped about 12% in the past couple of weeks, hovering around $109,000. Is this just a temporary dip, or is something bigger brewing? A Crucial Support Level Analyst Yonsei_dent has pinpointed a key support level…
Bitcoin’s price has been a rollercoaster lately. After hitting a record high above $124,000 in August, it’s taken a bit of a dive. The Price Drop By the end of August, Bitcoin slumped to a six-week low of around $107,500. This drop reflects a broader bearish market sentiment. While things have calmed down a bit,…
Bitcoin’s price is up slightly today (about 1.5%), hanging around $109,000. But don’t get too excited. Experts are saying it might drop further before any serious rebound. Bitcoin Needs a Bigger Drop for a Real Bounce Back A market analyst looked at data from CryptoQuant, a blockchain analytics firm. They found that Bitcoin traders’ profit/loss…
Bitcoin’s been on a bit of a rollercoaster lately. After dipping below $110,000, it briefly bounced back, only to settle around a new low of roughly $107,500. This has some people wondering if the bull market is peaking. But one analyst has a wildly different prediction. A Bold Prediction for Bitcoin Crypto analyst Frank Fetter,…
Bitcoin’s price is taking a beating lately. One analyst is sounding the alarm, predicting further drops. Bearish Signals and Broken Support The analyst points to Bitcoin’s rejection at the $121,000 resistance level as a major turning point. This rejection broke Bitcoin’s upward trend, shifting the market sentiment to bearish. The price then fell below a…
Bitcoin’s been a bit wobbly lately. After hitting a new high around $124,457, it’s now hanging around $108,000 – a drop of about 14%. Investors seem pretty chill about it, waiting to see what happens next. A CME Gap and Potential Recovery Crypto analyst KillaXBT thinks Bitcoin is about to bounce back. Their reasoning? A…
