Bitcoin might be about to hit new highs, according to a crypto analyst who spotted a special pattern called the “Bird Beak Sign.” What is the “Bird Beak Sign”? This pattern shows up on a special kind of chart called the Heikin Ashi chart, which helps track market trends. The “Bird Beak” looks just like…
Bitcoin is on the rise again, potentially breaking through $69,000. This could be the start of a big rally in the coming months. But what’s the long-term picture? The Stock-to-Flow Model: A Bitcoin Price Predictor? A model called “Stock-to-Flow” (S2F) is suggesting that Bitcoin is ready for a major price jump. This model, which was…
MicroStrategy, the company led by Michael Saylor, is making headlines again. Its stock price hit a 25-year high, climbing over 7% in a single day. This surge is part of a six-week rally, and analysts are predicting even more growth. Bitcoin is the Key MicroStrategy has become the world’s biggest corporate Bitcoin holder, with over…
Bitcoin ETFs are attracting a lot of attention from big investors. In the last week, these funds saw almost $1 billion flow in, marking their third straight week of positive gains. Bitcoin ETFs: A Winning Streak October was a good month for Bitcoin ETFs. They brought in a whopping $2.18 billion in the third week…
Bitcoin exchange-traded funds (ETFs) are having a major moment. In October alone, they saw a whopping $3 billion in new investments! This is a huge deal, especially since retail investors are driving most of the demand. Retail Investors Lead the Charge It turns out that regular folks are really excited about Bitcoin ETFs. They make…
Bitcoin has been hanging around the $66,000 mark for a while now, and while it hasn’t seen any major price jumps, it’s also avoided a big drop. This suggests Bitcoin is on track for a good October. One analyst has pointed to a trend in Bitcoin’s UTXO metric, which could indicate a big price surge…
Bitcoin’s Big Breakout? A popular crypto analyst, Mags, thinks Bitcoin is about to explode. He’s seeing a big “cup and handle” pattern on the Bitcoin price chart, which is a classic sign of a major rally. What’s a Cup and Handle? The “cup and handle” is a technical chart pattern that looks like, well, a…
Big Players Are Loading Up Big investors, called “whales,” are holding a record-breaking amount of Bitcoin – over 670,000 coins! This is the most Bitcoin ever held by a single group. What Does This Mean for Bitcoin? Experts think this whale activity could have a few effects on Bitcoin’s price: Short-Term Dip: Bitcoin might drop…
Bitcoin has been on a roll lately, climbing to over $69,000 in the past couple of weeks. But despite this big price jump, small-time investors aren’t exactly rushing to buy in. Retail Investors Holding Steady, But Slowly According to a recent report by CryptoQuant, retail investors have been adding to their Bitcoin holdings, but at…
Bitcoin has been on a rollercoaster ride lately. While the past few weeks saw some serious bullish momentum, the price has been stuck in a rut recently. What’s going on? Whales Are Moving One thing that’s caught the attention of analysts is the recent surge in “Exchange Whale Ratio.” This metric tracks the activity of…
