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Bitcoin recently hit a new all-time high, only to quickly drop. What gives? Let’s dive in. A Temporary Setback? After briefly reaching a record high of $124,000, Bitcoin tumbled to around $118,000. It’s been hanging around $118,000 since, and some analysts think this sluggishness might last a couple of weeks. Binance: The Key Player According…
Bitcoin’s price has been quite the rollercoaster lately! After hitting a record high above $124,100, it’s settled around $118,000. But where does it go from here? Important Support Levels to Watch A crypto analyst, Ali Martinez, has identified some key price points that could determine Bitcoin’s next move. He used a metric called cost-basis distribution…
Bitcoin’s price has been steadily climbing, but will it continue? Let’s look at what some experts are saying. Short-Term Predictions Recent technical analysis suggests Bitcoin could reach around $129,690 by September 15th, 2025—an 11% increase from its current price. Market indicators like the Fear & Greed Index (currently at 64, indicating “Greed”) also point to…
Crypto analysts are predicting a potential shakeup in the Bitcoin and broader cryptocurrency markets this September. Based on historical patterns, some believe a crash is likely, followed by a later surge. Let’s examine the details. September: A Historically Risky Month for Bitcoin? Analyst Benjamin Cowen has pointed out a recurring pattern in Bitcoin’s price behavior…
Bitcoin saw a slight dip recently, but things might be looking up soon. A Slightly Bearish, But Indecisive, Day for Bitcoin Bitcoin’s daily price chart showed a small bearish trend, but the overall picture isn’t entirely clear. While the day ended slightly down, it’s not a definitive signal. Geopolitics and the Crypto Market The recent…
Big investors are increasingly dominating the Bitcoin market, grabbing a huge chunk of the available supply. This shift is changing how we think about Bitcoin. Institutional Ownership Soars Recent data reveals that institutions – think ETFs, major companies, and even governments – now control a massive portion of Bitcoin, potentially between 17% and 31% of…
Bitcoin’s been on a rollercoaster lately. After hitting a new all-time high in mid-August, it took a dive, dropping over 4%. Now, it’s in a bit of a holding pattern, leaving everyone wondering what’s next. A Crypto Expert’s Prediction A well-known crypto trader, KillaXBT, has weighed in on Bitcoin’s potential price movements for September. Using…
Bitcoin took a nosedive on Thursday after the US Treasury Secretary, Scott Bessent, announced the government won’t be buying any more Bitcoin for its reserves. The Plunge The price had soared to almost $124,120 earlier in the day, but quickly dropped to around $118,550 after Bessent’s statement. This caused a flurry of activity, with some…
Bitcoin’s recent price action hints at a possible downturn. While it briefly climbed above $120,000, bearish pressure remains. This suggests a price correction could be on the horizon. Signs of Exhaustion Crypto analyst TehThomas points to a key rejection level around $122,000. This suggests market exhaustion, with profit-taking sellers outweighing buyers. The confluence of this…
Bitcoin might be gearing up for another big price jump, potentially reaching six figures again. A crypto analyst, Rekt Capital, thinks so. He says Bitcoin’s recent price action puts it back on track for a $160,000 target, but a few things need to happen first. The Bull Flag Breakout Rekt Capital’s analysis shows Bitcoin not…
