A crypto analyst, Trader Tardigrade, has noticed something interesting: Bitcoin’s price movements are eerily similar to those seen in 2023. This has some folks speculating about what’s next for the king of crypto. Following in 2023’s Footsteps Trader Tardigrade, posting on X (formerly Twitter), claims Bitcoin’s recent pullback is complete. He predicts a surge past…
Thanksgiving 2020 saw Bitcoin take a dramatic 17% dive. With the holiday approaching, many are wondering if history will repeat itself. A Repeat of the “Thanksgiving Massacre”? Recently, Bitcoin’s price dropped 8%, fueling speculation of another significant drop. Galaxy Digital’s Head of Research, Alex Thorn, pointed out the similarities between the current market and the…
Marathon Digital Holdings CEO Fred Thiel recently shared his optimistic outlook on Bitcoin’s future, highlighting several key factors driving its price upwards. Institutional Interest is Heating Up Thiel downplayed the impact of the recent Bitcoin halving, instead crediting the surge in Bitcoin’s price to the launch of spot Bitcoin ETFs earlier this year. Initially, these…
Bitcoin recently broke above a key resistance level, sparking debate about what’s next for its price. Let’s dive into the predictions from some prominent crypto analysts. Tony Severino’s Outlook Analyst Tony Severino shared his thoughts on X (formerly Twitter). He pointed out Bitcoin is currently retesting a key support level around $96,000. A potential “evening…
Bitcoin is hanging around $93,257 – a super important price point. Whether it bounces back or crashes depends entirely on what happens here. What’s Happening with Bitcoin? Bitcoin’s been on a bit of a downward slide, trying to break through the $93,257 support level. If it does, the next stop could be the 100-day moving…
Bitcoin’s price is a rollercoaster, and a big drop might be on the horizon. One analyst predicts a possible plunge to $89,000 if certain key levels aren’t held. The Potential Crash A crypto analyst, using a one-hour Bitcoin price chart, highlighted potential trouble. The chart shows: Resistance Zones: Bitcoin faces significant resistance around $95,904 and…
Long-Term Holders are HODLing Tight Long-term Bitcoin holders (HODLers) are getting greedier as Bitcoin approaches the $100,000 mark. Data shows they’re not selling, even with prices rising. In fact, a whopping 98% of Bitcoin holders are currently in profit! This is a strong indicator of market confidence. Analyst Predicts a Price Peak Crypto analyst Ali…
Bitcoin’s price has been on a wild ride lately, causing some serious market shakeups. A Wild 24 Hours for Bitcoin The crypto market saw over $500 million wiped out in just 24 hours due to Bitcoin’s dramatic price swings. Long traders took the biggest hit, losing over $366 million, while short traders lost around $129…
Bitcoin’s price has cooled a bit after a huge run, failing to hit the coveted $100,000 mark. But don’t worry, investors aren’t giving up! The Buy/Sell Ratio is Soaring A crypto analyst, Ali Martinez, noticed something interesting: the Bitcoin “taker buy/sell ratio” is way up. This ratio shows the difference between the volume of Bitcoin…
Bitcoin’s price has been on a tear lately, hitting new all-time highs. Everyone’s wondering: will it hit $100,000? While some focus on short-term gains, others are looking at the bigger picture. Recent data suggests a potential price correction might be coming sooner than we think. High Funding Rates: A Bullish Sign or Warning? IntoTheBlock, a…
