Category Archives: Bitcoin

Bitcoin Price Forms Bullish Pennant On 3-Day Chart, $145,000 Target Swims Into View

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Although currently undergoing a brief correction after almost touching the $100,000 price level, technical analysis has shown the emergence of a bullish pattern on the Bitcoin price chart.  Notably, the correction has given rise to the formation of a bullish pennant on the 3-day candlestick Bitcoin price chart. This development might be the bullish momentum… Continue reading Bitcoin Price Forms Bullish Pennant On 3-Day Chart, $145,000 Target Swims Into View→

Bitcoin Could Drop Below $90,000 If It Doesn’t Break This Level, Rally On Pause?

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Bitcoin (BTC) has been consolidating above the $90,000 support zone for the last ten days, reaching its latest all-time high (ATH) of $99,645 about a week ago. Since then, the cryptocurrency has closed below a short-term downtrend line, failing to break above it and potentially risking a drop to two-week lows. Bitcoin Faces ‘Moment Of… Continue reading Bitcoin Could Drop Below $90,000 If It Doesn’t Break This Level, Rally On Pause?→

Bitcoin Price Rejection At $99,000: Temporary Or End Of The Bull Rally?

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Crypto analyst TradingShot recently discussed the Bitcoin price rejection at $99,000, providing insights into whether this was temporary or marked the end of the bull rally. His analysis indicated that this price rejection was temporary and that Bitcoin would still reach the $100,000 mark and possibly surpass it.  Bitcoin Price Rejection At $99,000 Likely Temporary… Continue reading Bitcoin Price Rejection At $99,000: Temporary Or End Of The Bull Rally?→

Storm Ahead? Bitcoin Price Could Tumble 20% Due To M2 Supply Concerns

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Investors have expressed apprehension regarding the recent price fluctuations of Bitcoin, particularly in light of analysts’ predictions of a 20-25% decline in the global M2 money supply. At $92,864, bitcoin is down nearly 9% from its recent high of just under $100,000. That fall is part of a trend of profit-taking by long-term holders, who… Continue reading Storm Ahead? Bitcoin Price Could Tumble 20% Due To M2 Supply Concerns→

Bitcoin Won’t Hit $400,000 This Cycle, VanEck CEO Reveals Realistic Price Target

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In an interview with Mario Nawfal, Jan van Eck, CEO of $118 billion global asset manager VanEck, offered an analysis of Bitcoin’s potential trajectory, the US fiscal deficit, and the broader financial markets. Contrary to some hyper-bullish forecasts, van Eck provided a more conservative price target for Bitcoin for this bull run. Van Eck stated,… Continue reading Bitcoin Won’t Hit $400,000 This Cycle, VanEck CEO Reveals Realistic Price Target→

Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means

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Crypto analyst Trader Tardigrade has drawn the community’s attention to the fact that the Bitcoin price is mirroring 2023 movements. The analyst further provided insights into what this means for the flagship crypto.  Bitcoin Price Mirroring 2023 Movements In an X post, Trader Tardigrade said that the Bitcoin price stays on track with the 2023… Continue reading Bitcoin Price Is Mirroring The Same Movements From 2023, Here’s What It Means→

Will Bitcoin See Another ‘Thanksgiving Day Massacre’? Experts Weigh In

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Almost four years ago to the day, Bitcoin experienced a dramatic 17% plunge from $19,500 to $16,200 in 2020, an event that became infamously known as the “Thanksgiving Day Massacre.” As the holiday approaches once again, market participants are questioning whether history might repeat itself. On Monday and Tuesday, Bitcoin’s price underwent an 8% correction,… Continue reading Will Bitcoin See Another ‘Thanksgiving Day Massacre’? Experts Weigh In→

Bitcoin Holds At $93,257 As Bulls Struggle To Avoid Deeper Losses

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Bitcoin (BTC) stands firm at $93,257, a crucial support level that could determine its next major move. As the battle between bulls and bears intensifies, the stakes are high: a successful defense could spark renewed momentum, while a break below might trigger significant losses.  As the market navigates this pivotal moment, this article aims to… Continue reading Bitcoin Holds At $93,257 As Bulls Struggle To Avoid Deeper Losses→

Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible

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The Bitcoin price could crash if it fails to hold key resistance levels. A crypto analyst has revealed that a decline to $89,000 was well within possibility, as sell-offs below the $100,000 mark have continued to hinder Bitcoin’s price upward momentum.  Bitcoin Price Correction To $89,000 Possible On November 26, TradingView crypto analyst Pejman Zwin… Continue reading Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible→

Bitcoin Price Closes Above Bull Channel, Crypto Analyst Reveals What’s Next

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The Bitcoin price recently closed above the median in a bull channel, providing a bullish outlook for the flagship crypto. In line with this, crypto analyst Tony Severino provided insights into what could come next for Bitcoin.  What Next For Price After Close Above Bull Channel In an X post, Tony Severino mentioned that the… Continue reading Bitcoin Price Closes Above Bull Channel, Crypto Analyst Reveals What’s Next→