Bitcoin Regains $46K Level Bitcoin (BTC) has surpassed $46,000 for the first time since January 11. BTC increased 3.4% to $46,075 in the previous day, with a 6% increase over the past week. Bullish Sentiment Returns Bitcoin’s 2022 started rough, despite the approval of several ETFs meant to strengthen its institutional legitimacy. Laurent Ksiss, a…
Tom Dunleavy, a crypto analyst and Chief Investment Officer at MV Capital, shared his thoughts on Bitcoin and Cardano’s future. Bitcoin’s Rise to $100,000 Dunleavy believes Bitcoin will reach $100,000 soon, citing the upcoming Bitcoin Halving as a catalyst. He explained that Bitcoin’s price tends to increase significantly after each Halving event. Other factors contributing…
Bitcoin has climbed above $44,000 for the first time since January, and several factors are believed to be behind this price surge. Bitcoin Whales Accumulate More BTC According to crypto analyst Ali Martinez, Bitcoin whales have been actively accumulating more BTC. In the past two weeks, around 73 new addresses have acquired 1,000 BTC or…
Analyst’s Forecast A cryptocurrency expert from Cheeky Crypto has made a bold prediction for Bitcoin’s future. During a recent episode on YouTube, the analyst revealed that he expects Bitcoin to surge to $45,000 before experiencing a correction. This prediction is based on the recent positive momentum in the market and the breakout of Bitcoin’s price…
Bitcoin has seen a remarkable surge of over 4% in the past 12 hours, breaking out of a recent lull. This follows a bull pennant breakout, with the price now targeting $55,000. Bullish Pennant Breakout The 4-hour Bitcoin (BTC/USD) chart shows the cryptocurrency trading at $44,609, having just broken out of a bullish pennant pattern….
Bitcoin (BTC) has made a remarkable comeback, reaching a four-week high of $44,300 and approaching the coveted $45,000 level. This surge is attributed to a combination of factors, including renewed accumulation by major investors, record highs in US equity markets, and a surprise regulatory change in Thailand. Whale Activity Fuels Bitcoin’s Resurgence Bitcoin’s rally was…
Bitcoin has been stuck in a sideways trend since mid-January, but a breakout could be just around the corner. The Bollinger Band Width (BBW) indicator suggests that the market is about to experience a period of high volatility. What is the BBW? The BBW is a technical indicator that measures the volatility of an asset….
Bitcoin Dominates Institutional Inflows Bitcoin saw a massive inflow of $703 million last week, accounting for 99% of all inflows into digital asset investment products. Solana came in second with a modest inflow of $13 million, outperforming Ethereum’s $6.4 million inflow. Spot Bitcoin ETFs Shine in the US Spot Bitcoin ETFs in the US attracted…
Why the Halving Event Will Send the Market Higher Crypto analyst James van Straten explains why the Bitcoin halving event is bullish for price. The halving is an event that occurs approximately every four years, cutting the block rewards in half. This means that the number of BTC that miners are awarded for mining a…
