Tag Archives: Bitcoin News

Bitcoin Sell-Side Pressure Dominated By New Holders, Research Shows

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Bitcoin (BTC) remains resilient, trading close to the $100,000 mark despite a recent correction that led to over $500 million in liquidations, predominantly from long positions. A recent report by Glassnode analyzes the cohorts driving the sell-side pressure during this ongoing bull run. Majority Of Sell-Side Pressure Coming From New Market Entrants According to Glassnode’s… Continue reading Bitcoin Sell-Side Pressure Dominated By New Holders, Research Shows→

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→

Binance Data Reveals Bitcoin Profit Trends: Is the Bull Run Far From Over?

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Before its recent price correction, Bitcoin came close to hitting the six-digit milestone, achieving an all-time high of $99,645—a near 170% year-to-date increase. This notable price performance, followed by the recent price dip, has sparked discussions about the state of the market, particularly the profit-taking behaviour observed among investors. An analysis by a CryptoQuant analyst… Continue reading Binance Data Reveals Bitcoin Profit Trends: Is the Bull Run Far From Over?→

Bitcoin’s Price Dip Triggers Alert On NVT Golden Cross—Here’s What To Watch For

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Bitcoin price correction from its recent all-time high has sparked speculation within the crypto community, with many questioning if the bull run remains intact and what the next price move might be. Currently, BTC trades at a price below the $95,000 mark, down by nearly 7% from its all-time high above $99,000 recorded on November… Continue reading Bitcoin’s Price Dip Triggers Alert On NVT Golden Cross—Here’s What To Watch For→

Current Bitcoin Hashrate Can Sustain $4.9 Trillion Cap, CryptoQuant CEO Reveals

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The founder and CEO of the on-chain analytics firm CryptoQuant has explained where the peak Bitcoin market cap lies based on the current hashrate. Bitcoin Ceiling Could Lie At This Level Based On Network Hashrate In a new post on X, CryptoQuant founder and CEO Ki Young Ju discussed a BTC pricing model that puts… Continue reading Current Bitcoin Hashrate Can Sustain $4.9 Trillion Cap, CryptoQuant CEO Reveals→

Pantera’s Vision: Bitcoin Fund Forecasts $740,000 Price Tag By April 2028

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As Bitcoin (BTC) prices faced a correction on Tuesday, Dan Morehead, founder and managing partner of Pantera Capital, expressed optimism about the cryptocurrency’s future. In a recent interview, he suggested that the current market challenges could be temporary and that the rally might not be over. Bullish Future For Bitcoin Amid Regulatory Shifts  Reflecting on… Continue reading Pantera’s Vision: Bitcoin Fund Forecasts $740,000 Price Tag By April 2028→

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 Leverage Remains High – Data Reveals Selling Pressure Above $93K

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After a historic rally, Bitcoin has faced its first major setback, pulling back 7% from its all-time high of $99,800. This comes after an impressive surge from $67,500 on November 5, marking a nearly 50% climb in just a few weeks. The price action has largely been “only up,” attracting significant attention from traders and… Continue reading Bitcoin Leverage Remains High – Data Reveals Selling Pressure Above $93K→

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→