Category Archives: Bitcoin

Bitcoin Market Remains Pessimistic Despite Price Reclaiming $70k

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The past week recorded a significant change in the Bitcoin price action, where there was a momentum-driven rally to the upside of the charts. As of Tuesday, March 10, this move had boosted the flagship cryptocurrency tp reclaim its previous psychological $70,000 level. Interestingly, the Bitcoin price would go on to reach about $74,000 on… Continue reading Bitcoin Market Remains Pessimistic Despite Price Reclaiming $70k→

Bitcoin’s Base Case: What To Expect Before The Run-Up Above $100,000

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Crypto pundit Crypto Bully has shared his base case for Bitcoin and what to expect before the flagship crypto rallies above $100,000. This comes as BTC continues to struggle to hold above the $70,000 resistance amid escalating tensions in the Middle East.  Analyst Shares Base Case For Bitcoin In an X post, Crypto Bully stated… Continue reading Bitcoin’s Base Case: What To Expect Before The Run-Up Above $100,000→

Bitcoin Fear & Greed Index At COVID- And LUNA-Crash Low — What’s Next?

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The price of Bitcoin put in another interesting performance over the past week, as the global uncertainty continued in the broader financial markets. However, the $74,000 resistance level proved to be unyielding yet again, as the premier cryptocurrency made a fresh play for it as the weekend approached. The investor sentiment in the Bitcoin market… Continue reading Bitcoin Fear & Greed Index At COVID- And LUNA-Crash Low — What’s Next?→

Bitcoin Climbs Back To $73,000 As Short Squeeze Wipes Out $246M In Futures Bets

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More than $246 million in crypto futures positions were wiped out in a single day as Bitcoin reversed sharply on Thursday, punishing traders who had bet against the market. The leading cryptocurrency climbed back to around $73,300 — a gain of roughly 4.5% over 24 hours — after a stretch of selling had dragged prices… Continue reading Bitcoin Climbs Back To $73,000 As Short Squeeze Wipes Out $246M In Futures Bets→

Bitcoin Eyes Gold’s Crown As Institutional Money Quietly Shifts

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Wall Street’s biggest gold fund saw something unusual recently — a single-day outflow of $3 billion from SPDR Gold Shares, a number that dwarfed any comparable daily exit over the prior two years by more than 200%. The $3 billion single-day outflow from SPDR Gold Shares — a US gold-backed ETF trading under the ticker… Continue reading Bitcoin Eyes Gold’s Crown As Institutional Money Quietly Shifts→

Bitcoin And Crypto Exchanges Could Be In Trouble, Here’s Why

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Bitcoin and crypto exchanges built much of the cryptocurrency industry’s reputation by challenging traditional finance. However, as major Wall Street institutions deepen their involvement in crypto services, the structure of the market could begin to change in ways that place pressure on both exchanges and the broader ecosystem surrounding Bitcoin. Why Bitcoin And Crypto Exchanges… Continue reading Bitcoin And Crypto Exchanges Could Be In Trouble, Here’s Why→

Bitcoin Price From $70,000 To $110,000 In 2 Months? Analyst Reveals How

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A crypto analyst is calling for a $40,000 Bitcoin price surge within 60 days, and the macro environment may be building the case for exactly that. Bitcoin is still pushing around $70,000, and many traders are watching closely after weeks of volatility across global markets.  Bitcoin Will Have Its Turn Very Soon One market participant… Continue reading Bitcoin Price From $70,000 To $110,000 In 2 Months? Analyst Reveals How→

Bitcoin Stockpiles On Exchanges Hit Lowest Point Since 2019

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Long-term holders now control roughly 14.5 million BTC — coins that have not moved in over five months and show little sign of heading back to market anytime soon. Coins Keep Moving Off Platforms That deep freeze in holder behavior is part of a larger pattern reshaping how Bitcoin is stored and traded. Exchange reserves… Continue reading Bitcoin Stockpiles On Exchanges Hit Lowest Point Since 2019→

Has Bitcoin Price Bottomed Yet? Analyst Says We’re Not There Yet

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Crypto analyst Leshka has explained why it is unlikely that the Bitcoin price has bottomed even as it continues to attempt a recovery above $70,000. His analysis also aligns with predictions from analysts such as Doctor Profit, who predict that BTC could still drop to $40,000.  Analyst Explains Why Bitcoin Price Hasn’t Bottomed In an… Continue reading Has Bitcoin Price Bottomed Yet? Analyst Says We’re Not There Yet→

What To Expect For The Bitcoin Price After The Weekend Breakdown Below $70,000

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Crypto analyst Doctor Profit has provided insights into what to expect from the Bitcoin price after it dropped below $70,000 over the weekend. This comes as the leading crypto continues to face pressure due to the U.S.-Iran war and volatile oil prices.  What To Expect From The Bitcoin Price In an X post, Doctor Profit… Continue reading What To Expect For The Bitcoin Price After The Weekend Breakdown Below $70,000→