Category Archives: Bitcoin News

Bitcoin To Bottom Around $70,000? Arthur Hayes Says Correction ‘Very Normal’ In A Bull Market

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According to crypto entrepreneur Arthur Hayes, Bitcoin (BTC) is likely to bottom around $70,000, marking a 36% correction from its latest all-time high (ATH) of $108,786. Hayes stated that such corrections are “very normal” in a bull market. Bitcoin To Dip Further? Yesterday, Bitcoin hit a four-month low of $76,606 as both the global cryptocurrency… Continue reading Bitcoin To Bottom Around $70,000? Arthur Hayes Says Correction ‘Very Normal’ In A Bull Market→

Bitcoin Bear Market Is Below This Level, Analyst Reveals

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An analyst has explained how a moving average (MA) that has historically served as the boundary for bear markets is situated at this level. Bitcoin 50-Week MA Is Currently At $75,195 In a new technical analysis (TA) tool that calculates the average value of any given quantity and as its name implies, it moves in… Continue reading Bitcoin Bear Market Is Below This Level, Analyst Reveals→

$931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters

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Mt. Gox, the Bitcoin exchange that is now insolvent, has transferred 11,833.6 BTC, totaling approximately $931 million, to new addresses, in a significant development within the cryptocurrency community. The prospective impact of this action on the broader crypto market has sparked discussions. Bitcoin Movement: Details Of The Transfer According to blockchain research by Arkham Intelligence… Continue reading $931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters→

Bitcoin Drops Below 200-Day MA – Next Key Support Lies At $66K According To Mayer Multiple

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Bitcoin (BTC) is under severe selling pressure, having lost the $85,000 level just a few days ago. This breakdown has pushed the market to its lowest levels since November 2024, increasing fear and uncertainty among investors. The entire crypto market has been struggling, weighed down by negative macroeconomic conditions and an overall shift in risk-off… Continue reading Bitcoin Drops Below 200-Day MA – Next Key Support Lies At $66K According To Mayer Multiple→

Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment

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Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock.  Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which… Continue reading Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment→

Bitcoin Slips Below $80,000—Here’s What Could Happen Next

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Bitcoin’s price has continued its downward trend, struggling to regain momentum after reaching its all-time high of $109,000 in January. Over the past week, Bitcoin has declined by 14.6%, with its price dropping an additional 4.4% in the last 24 hours. As of today, Bitcoin is trading at $79,766, pushing it nearly 27% below its… Continue reading Bitcoin Slips Below $80,000—Here’s What Could Happen Next→

‘The Magic Line’: Key Support Level At $74,000 Determines Bitcoin Bull Or Bear Future

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Since January 31, Bitcoin (BTC) has experienced a significant correction, with the leading cryptocurrency plummeting as much as 27.52%. Currently valued around $79,000, Bitcoin’s price is precariously balanced above a crucial support level dubbed as “the magic line,” which is set at $74,000, pivotal in determining the market’s trajectory—bullish or bearish. A Historical Buffer Against… Continue reading ‘The Magic Line’: Key Support Level At $74,000 Determines Bitcoin Bull Or Bear Future→

Bitcoin’s ‘Ugly Start’ – Weekend Sell-Off Pushes Price Near $80K

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Bitcoin took another blow on March 10, retreating below $82,000 and sending jitters across the crypto market. The latest loss in value for the world’s top digital asset comes after weeks of decent gains. Traders at the moment are unsure if this is just a temporary hiccup, or the start of a more significant correction.… Continue reading Bitcoin’s ‘Ugly Start’ – Weekend Sell-Off Pushes Price Near $80K→

Bitcoin Could Rally Above ATH To $128K – On-Chain Indicator Signals Potential Recovery

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Bitcoin (BTC) continues to face massive selling pressure, with prices dropping below the $85,000 mark, marking a 12% decline since last Friday. The recent downturn has fueled panic selling and heightened fear, leading many investors to speculate about the potential start of a bear market. As uncertainty grips the market, traders remain cautious about Bitcoin’s… Continue reading Bitcoin Could Rally Above ATH To $128K – On-Chain Indicator Signals Potential Recovery→

Bitcoin Price Slips Again, But Big Buyers Are Moving In

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Bitcoin’s price continues to move between bullish and bearish territory, reflecting ongoing uncertainty in the market. After reaching $94,000 earlier this week, the cryptocurrency has since retreated below $90,000, marking an approximately 18% drop from its all-time high (ATH) of $109,000 recorded in January. This latest pullback highlights the shifting sentiment among investors and the… Continue reading Bitcoin Price Slips Again, But Big Buyers Are Moving In→