Tag Archives: Bitcoin News

Bitcoin Under Threat? Analyst Explores Two Bearish Black Swan Scenarios to Watch

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As Bitcoin (BTC) stabilizes above the critical $80,000 support level after a significant downturn of over 25% from its January peak, market analyst Doctor Profit has released a compelling report that raises a pivotal question: is the market witnessing the onset of a bear market, or is the bullish sentiment still intact? M2 Money Supply… Continue reading Bitcoin Under Threat? Analyst Explores Two Bearish Black Swan Scenarios to Watch→

Global M2 Vs. Bitcoin Shows Bullishness As Analyst Sets ‘Blast Off’ Date, Here’s When

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A recent analysis comparing Bitcoin’s price movement and the Global M2 money supply has added another data point to the growing argument for a bullish phase ahead for the cryptocurrency. Colin, a crypto analyst known on social media platform X as “The M2 Guy,” recently shared an update suggesting that Bitcoin may be on the… Continue reading Global M2 Vs. Bitcoin Shows Bullishness As Analyst Sets ‘Blast Off’ Date, Here’s When→

Bitcoin Could Hit $112,000, But Only If It Holds Above This Key Level – Analyst Explains

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In an X post published yesterday, seasoned crypto analyst Ali Martinez highlighted that, based on price band analysis, Bitcoin (BTC) could surge to $112,000 if it breaks and holds above a key level. Analyst Outlines Key Bitcoin Level Following a slight uptick after the US Federal Reserve’s (Fed) announcement to slow the pace of its… Continue reading Bitcoin Could Hit $112,000, But Only If It Holds Above This Key Level – Analyst Explains→

This Bitcoin Correction Is Different From March 2024—Here’s Why

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An analyst has explained how this Bitcoin correction phase may be different from the 2024 one, based on the data of this on-chain metric. Stablecoin Supply Is Displaying A Different Pattern In This Bitcoin Downturn In a CryptoQuant Quicktake Stablecoins” are cryptocurrencies that track the price of a fiat currency, with USD being by far… Continue reading This Bitcoin Correction Is Different From March 2024—Here’s Why→

Analyst Compares Current Bitcoin Pullback to 2024 Market—Here’s What They Found

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Bitcoin continues to experience short-term volatility, struggling to maintain momentum above key resistance levels. After recently attempting to break back above the psychological $90,000 level, the asset has pulled back again. As of the time of writing, Bitcoin is trading at approximately $83,239, down 2.2% over the past 24 hours and nearly 23% below its… Continue reading Analyst Compares Current Bitcoin Pullback to 2024 Market—Here’s What They Found→

Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation

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Bitcoin continues to trade just below the $84,000 mark, reflecting a broader slowdown in upward momentum. Despite attempts to reclaim higher levels, the cryptocurrency has remained under the $90,000 mark for over two weeks. This current range-bound activity comes nearly two months after Bitcoin touched its all-time high in January, indicating a period of uncertainty… Continue reading Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation→

Fund Manager Says Bitcoin Will Crush Gold, Hit $1 Million By 2029

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Matt Hougan, Chief Investment Officer (CIO) of Bitwise Asset Management, delivered a striking long-term forecast for Bitcoin on the latest episode of the Coinstories podcast. Speaking with host Nathalie Brunell, Hougan outlined why he believes that BTC will not only disrupt gold but also climb as high as $1 million per coin by 2029. He… Continue reading Fund Manager Says Bitcoin Will Crush Gold, Hit $1 Million By 2029→

CMT-Certified Expert Explains Why Bitcoin May Not Reach Past Extremes On Indicators

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A crypto market technician is debating whether Bitcoin has reached its peak this bull cycle, as Relative Strength Index (RSI) which failed to reach past extremes, raising concerns about Bitcoin’s future trajectory. Bitcoin Indicators Fall Short Of Historical Peaks Bitcoin has historically exhibited strong indicator readings during major cycle tops, reflecting extreme market engagement and… Continue reading CMT-Certified Expert Explains Why Bitcoin May Not Reach Past Extremes On Indicators→

Bitcoin ‘Probably’ Hit Its Bottom At $77,000, Arthur Hayes Says

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According to a recent X post by crypto entrepreneur Arthur Hayes, Bitcoin (BTC) probably hit its bottom during the plunge to $77,000 on March 10. However, Hayes cautioned that while BTC may have bottomed, stock markets could face more pain ahead. BTC Bottomed At $77,000? Hayes Thinks So Former BitMEX CEO Arthur Hayes recently took… Continue reading Bitcoin ‘Probably’ Hit Its Bottom At $77,000, Arthur Hayes Says→

Bitcoin Surges Past $85,000 as Analysts Spot Key Bullish Signals

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Bitcoin’s price has been regaining momentum after a recent weeks of decline, climbing back above $85,000. This marks a 2.7% increase in the past week, slowly recovering from previous losses. While the broader market remains cautious, investors appear to now be closely monitoring whether BTC can sustain its upward trend or if further corrections are… Continue reading Bitcoin Surges Past $85,000 as Analysts Spot Key Bullish Signals→