Bitcoin’s been on a bit of a rollercoaster lately. After a rough week that saw prices drop by 6.7%, it’s currently hanging around $108,000 – a pretty shaky position, according to some experts. A quick rebound is needed, or things could get worse. The $112,000 Wall CryptoQuant’s Julio Moreno, head of research, points to a…
Market analyst Mihai Jacob isn’t buying the recent Bitcoin price bump. He thinks the rally following Powell’s speech was more hype than substance and predicts a significant drop is still on the cards. Powell’s Speech: Short-Lived Relief? Jacob previously identified $110,000 as a crucial support level for Bitcoin. While Powell’s hints at potential interest rate…
Bitcoin’s recent price drop has everyone worried. It’s broken through some important support levels, leaving many wondering what’s next. Could we see a quick bounce back, or is this the start of a much bigger downturn? Bitcoin Breaks Key Support One crypto analyst pointed out that Bitcoin has fallen below a crucial support level. This…
A huge crypto market crash left a lot of traders with major losses. Over $900 million was wiped out in a single day as Bitcoin plummeted to its lowest point in seven weeks. Big Losses for Traders Around 200,000 traders were forced to sell their holdings as Bitcoin’s price tanked. Most of these losses were…
Bitcoin’s price hasn’t been skyrocketing as some expected. Why? It turns out, some big players – what analysts call “whales” – are influencing the market in significant ways. OG Whales and Their Deep Pockets Early Bitcoin adopters, who bought in back around 2011 when Bitcoin was worth about $10, now hold a massive amount of…
Bitcoin’s price has been swinging wildly lately, but some big investors aren’t worried. VanEck, a major investment firm, is sticking to its prediction that Bitcoin will hit $180,000 by the end of the year, even after a recent dip. Big Money is Still Buying July saw a huge surge in institutional buying. Exchange-traded products snapped…
Bitcoin’s price has been a bit sluggish lately, even after hitting a new all-time high. It dipped below $112,000 recently but bounced back a bit thanks to some positive news. However, it’s settled back down around $115,000. What’s going on? Is Bitcoin Quiet Before the Storm? New data suggests Bitcoin might be gearing up for…
Bitcoin’s price has been a bit sluggish lately. After hitting a high of around $124,000 in July, it hasn’t really taken off again. Last week, it even dipped below $112,000! But things got a bit brighter after Fed Chair Jerome Powell’s speech. A Key Price Level: $118,000 Crypto analyst Ali Martinez thinks $118,000 is a…
Bitcoin’s price recently soared past $117,000, fueled by positive comments from Federal Reserve Chairman Jerome Powell. But where’s the safety net if the price dips? Data analysis suggests a key support level. A Solid Support Zone Glassnode, a well-known crypto analytics firm, points to a crucial support zone for Bitcoin between $104,000 and $108,000. Their…
Bitcoin surprised everyone last Friday with a 4% price jump after Federal Reserve Chair Jerome Powell made some reassuring statements. This pushed Bitcoin above $116,000, wiping out losses from the previous week. Analyst Tony “The Bull” Severino thinks this bounce is a big deal. A Wall of Worry, and a Path to Higher Prices? Severino’s…
