Bitcoin’s price has been stuck in neutral lately, with investors unsure about what’s next. Crypto analyst Michael van de Poppe thinks Bitcoin could take a tumble, potentially dropping as low as $48,000. Inflation Report and Bitcoin’s Fate Van de Poppe says if the Consumer Price Index (CPI) inflation report comes out looking bad, Bitcoin could…
Despite Bitcoin’s recent price dips, things are looking good for the cryptocurrency. Bitwise CIO Matt Hougan has shared some interesting insights from the latest financial reports, suggesting that big investors are really getting into Bitcoin. Institutional Investors are Embracing Bitcoin The number of institutional investors holding Bitcoin ETFs has increased significantly. This shows that more…
Bitcoin has become mainstream, and institutions are jumping on board. Over the past few years, they’ve been buying up Bitcoin like crazy, and now they’re the biggest players in the game. No More Private Players in the Top 10 The top 10 Bitcoin wallets are now dominated by governments and companies. The only private entity…
Bitcoin has been trading above $20,000 for almost two years now, and some people think it will never go back down. But one analyst thinks it’s only a matter of time. A Possible Crash A crypto analyst known as “Without Worries” has been studying Bitcoin’s price movements and thinks it could drop back down to…
Stablecoins Are Flowing In Bitcoin could be on the verge of a price surge, according to market researcher Markus Thielen. He says a massive influx of stablecoins, totaling $2.5 billion, is a strong indicator of institutional investors pouring money into the crypto market. Thielen explains that monitoring money flows in the crypto market is crucial…
Veteran crypto analyst Peter Brandt has spotted a peculiar pattern in Bitcoin’s price chart – an inverted triangle. He’s using his classic charting skills to figure out what this means for Bitcoin’s future. What’s the Triangle All About? Brandt noticed this triangle pattern in Bitcoin’s price chart from May 2023 to November 2024. Triangles in…
A crypto analyst, known as “Sensei,” is super bullish on Bitcoin and thinks it’s about to break out of a bear trap and skyrocket to $72,000. Sensei’s Predictions Sensei has been studying Bitcoin’s price charts and sees a pattern that suggests a big jump is coming. He believes that Bitcoin’s recent drop was actually a…
A crypto analyst, CryptoCon, thinks Bitcoin is about to hit a new high. They’re using a fancy technical indicator called the Fibonacci extension, and it’s predicting Bitcoin will reach $109,000 by the end of the year. The Fibonacci Extension: A Magical Indicator? CryptoCon claims this indicator has always been right about Bitcoin’s price peaks in…
Bitcoin has been pretty quiet lately, only going up a tiny bit in the past day. But after a big crash in the financial markets, it bounced back strong last week, gaining 16% and reaching a high of $62,000. A Big Breakout on the Horizon? Crypto analyst Michaël van de Poppe thinks Bitcoin might be…
Bitcoin is facing a bit of a scary situation right now. A technical indicator called the “Death Cross” has appeared on its chart, which usually means bad news for the price. What is the Death Cross? The Death Cross happens when a short-term average (50-day moving average) falls below a long-term average (200-day moving average)….
