Bitcoin’s price has been stuck between $82,000 and $84,000 lately, and the excitement about a quick jump above $90,000 is fading. But don’t count Bitcoin out just yet! The Cup and Handle Pattern A technical analysis suggests a big Bitcoin rally might be on the horizon. The price action is looking a lot like a…
Bitcoin’s price has been bouncing around lately, hovering near its 200-day moving average. But one big player, a “whale,” decided to bet against it. A Whale Takes a Big Short This whale placed a massive short bet on Bitcoin futures, worth over $445 million! They used 40x leverage – meaning a small price move could…
Could Bitcoin reach a staggering $10 million per coin by 2035? One expert thinks so. The Long View on Bitcoin Joe Burnett, a market research director, has outlined a long-term forecast predicting Bitcoin’s explosive growth. His analysis focuses on two key factors: a massive shift of global capital into Bitcoin, and the accelerating impact of…
Big money is leaving Bitcoin and Ethereum exchange-traded funds (ETFs). Let’s look at what’s happening. Bitcoin ETFs See Massive Withdrawals For the fifth week in a row, investors pulled a huge amount of money out of Bitcoin ETFs – over $900 million! This shows a lack of confidence from institutional investors. After a strong start…
Crypto analyst Madden predicts a Bitcoin price surge, potentially exceeding $100,000. Let’s dive into his analysis. A Bullish Reversal? Madden’s TradingView post points to a possible Bitcoin price rally above $100,000. He identifies potential price targets at $91,700, $102,700, and even a new all-time high at $109,356. This prediction is based on some interesting chart…
A crypto analyst, Egrag Crypto, is predicting a huge Bitcoin price jump based on a bullish chart pattern. The “Cup and Handle” Pattern Egrag Crypto spotted a “Cup and Handle” pattern on Bitcoin’s chart. This pattern, common in technical analysis, suggests a big price increase is coming. Think of it like a U-shaped dip (“cup”)…
Bitcoin’s been looking pretty good lately, briefly topping $85,000 this weekend. While it usually struggles towards the end of the week, things might be different this time. Could Bitcoin Hit $90,000? Crypto analyst Ali Martinez thinks so! He’s spotted an “ascending triangle” pattern on the Bitcoin chart – a bullish signal. What’s an Ascending Triangle?…
Bitcoin’s price has been on a rollercoaster lately, leaving many investors wondering what’s next. While the recent drop has been a bit of a downer, some analysts remain optimistic about Bitcoin’s long-term prospects. Is This Dip Normal? Despite the recent price crash, which saw millions of Bitcoin addresses in the red, one analyst, Philip from…
Bitcoin’s price is still closely linked to the global money supply (M2), despite other news making headlines. This connection, showing a roughly 70-day lag, means Bitcoin’s price often follows trends in M2. The M2-Bitcoin Connection Analyst Joe Consorti highlights that Bitcoin’s price is heavily influenced by changes in the global money supply. Even though there…
Bitcoin (BTC) has hit a snag. After failing to break through the $84,000 resistance level again, it’s dipped, testing crucial support zones. The next few days, especially the weekly close, are key to figuring out whether Bitcoin will surge or plummet. The $84,000 Wall Bitcoin’s attempt to conquer the $84,000-$86,000 range failed. It’s dropped over…
