Tag Archives: Bitcoin News

Bitcoin Bull Run Not Over Yet? This Ratio Has Just Seen A Golden Cross

Posted on by — No Comments ↓

Data shows the ratio between two Bitcoin on-chain metrics has recently formed a pattern that has historically been bullish for the asset’s price. Bitcoin LTH/STH SOPR Ratio Has Crossed Above Its 90-Day MA Recently In a new Spent Output Profit Ratio” (SOPR) is an indicator that tells us about whether the Bitcoin investors as a… Continue reading Bitcoin Bull Run Not Over Yet? This Ratio Has Just Seen A Golden Cross→

Bitcoin To Hit $125,000 By Year-End If Trump Wins, Says Standard Chartered

Posted on by — No Comments ↓

In a research paper dated October 24, Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, predicts that Bitcoin could surge to $125,000 by the end of the year if former President Donald Trump secures victory in the upcoming US presidential election. When Bitcoin Could Hit $125,000 Kendrick’s analysis hinges on the… Continue reading Bitcoin To Hit $125,000 By Year-End If Trump Wins, Says Standard Chartered→

On-Chain Indicator Signals Bitcoin Cycle Top Is Far Ahead – Data Confirms Bullish Outlook

Posted on by — No Comments ↓

Bitcoin currently ranges between $65,000 and $69,500 following two weeks of bullish price action, sparking renewed optimism among analysts and investors. The prevailing sentiment is that BTC is on the verge of reaching new all-time highs in the coming weeks, with confidence building that March’s cycle top predictions may have been premature.  Key metrics from… Continue reading On-Chain Indicator Signals Bitcoin Cycle Top Is Far Ahead – Data Confirms Bullish Outlook→

Bitcoin As National Reserve Asset: Key Insights From Forbes On Central Banks Interest

Posted on by — No Comments ↓

A recent report published by the Bitcoin Policy Institute (BPI) and highlighted by Forbes explores the growing discussion around Bitcoin as a viable reserve asset for central banks.  Authored by Dr. Matthew Ferranti, a Harvard-trained economist and former member of the White House Council of Economic Advisers, presents several compelling arguments for why central banks… Continue reading Bitcoin As National Reserve Asset: Key Insights From Forbes On Central Banks Interest→

Bitcoin Price Dynamics: Analyzing The Effect of Trump’s Political Agenda On Crypto Markets

Posted on by — No Comments ↓

Amid the surge in polls in favor of former President and Republican candidate Donald Trump over Vice President Kamala Harris, expectations for a further recovery of the Bitcoin price soared, but the rally seen in late September and the first weeks of October has faded, with experts attributing it to tightening financial conditions that could… Continue reading Bitcoin Price Dynamics: Analyzing The Effect of Trump’s Political Agenda On Crypto Markets→

Bitcoin Price Rebounds Above $67,000 As Whales Continue to Accumulate

Posted on by — No Comments ↓

Bitcoin (BTC) is currently witnessing a price recovery after a brief dip earlier in the week. Despite these fluctuations, a CryptoQuant analyst under the pseudonym BaroVirtual has shared some encouraging long-term insights regarding whale activity. According to the analyst, whales—large holders of Bitcoin—now control approximately 670,000 BTC, the highest amount ever recorded. This accumulation phase… Continue reading Bitcoin Price Rebounds Above $67,000 As Whales Continue to Accumulate→

Number Of Bitcoin Bulls Increases As Funding Rate Shows Steady Growth – Details

Posted on by — No Comments ↓

Bitcoin has rebounded strongly from the $65,000 mark after a 6% dip from Monday’s high of around $69,500. Despite the recent pullback, BTC remains in a bullish trend that has been in place since early September. This rebound shows resilience, helping maintain the bullish market structure.  Key data from CryptoQuant reveals that the average funding… Continue reading Number Of Bitcoin Bulls Increases As Funding Rate Shows Steady Growth – Details→

Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next

Posted on by — No Comments ↓

Crypto analyst MMBT Trader has revealed that the Bitcoin price is retesting a bullish channel at the $65,000 price level. He further mentioned what market participants should expect if the flagship crypto holds above or breaks below this bullish channel.  Bitcoin Price Retesting $65,000 And What Could Come Next MMBT Trader mentioned in a TradingView… Continue reading Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next→

Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?

Posted on by — No Comments ↓

Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC. Notably, the data for Bitcoin whales shows the number of addresses in this category is now at its highest point since the January 2021 bull market levels.  With Bitcoin still trading close to its all-time high, this… Continue reading Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?→

Market Expert Predicts Bitcoin Could Reach $100,000 Within 90 Days

Posted on by — No Comments ↓

Despite the Bitcoin price consolidating between $65,000 and $68,000 over the past few days, analysts are increasingly optimistic about the potential for upward movement and new all-time highs for the largest cryptocurrency on the market in the coming months.  Bitcoin Surge Regardless Of US Election Outcome In a recent social media post on X (formerly… Continue reading Market Expert Predicts Bitcoin Could Reach $100,000 Within 90 Days→