Tag Archives: bitcoin price

Bitcoin Price Rallies Above $70K: Is a New High Within Reach?

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Bitcoin price is rallying above the $70,000 zone. BTC is up over 5% and it could soon aim for a move above the $72,000 resistance zone. Bitcoin started a fresh increase above the $68,000 zone. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line… Continue reading Bitcoin Price Rallies Above $70K: Is a New High Within Reach?→

VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050

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As Bitcoin rebounds from its brief correction and approaches the $70,000 mark, Matthew Sigel, head of digital asset research at asset manager and crypto ETF issuer VanEck, shared his insights on the cryptocurrency’s potential trajectory in light of the upcoming US presidential election and broader economic factors in a recent CNBC interview. Bitcoin Recovery Tied… Continue reading VanEck Sees Bitcoin As Key Global Reserve Asset, Projecting $3 Million Price Tag By 2050→

‘Bird Beak Sign’ Appears On Bitcoin Price Heikin Ashi Chart, Analyst Explain What This Means

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The Bitcoin price may be on the verge of hitting new all-time highs as a crypto analyst has unveiled the emergence of a new technical indicator called the “Bird Beak Sign.” Spotted on the Bitcoin Heikin Ashi chart, the analyst suggests that this technical pattern indicates a potential price rally is imminent.  ‘Bird Beak’ Pattern… Continue reading ‘Bird Beak Sign’ Appears On Bitcoin Price Heikin Ashi Chart, Analyst Explain What This Means→

Are ‘ETF Paper Bitcoins’ Suppressing BTC Prices? Analyst Provides Answers

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In a new YouTube video titled “There Is No ETF Paper Bitcoin,” Fred Krueger, an investor at the crypto hedge fund 2718.fund, delved into the growing concerns surrounding US spot Bitcoin Exchange-Traded Funds (ETFs) and their impact on the cryptocurrency’s price. Krueger aimed to dispel the fear, uncertainty, and doubt (FUD) that have been circulating… Continue reading Are ‘ETF Paper Bitcoins’ Suppressing BTC Prices? Analyst Provides Answers→

Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?

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Bitcoin price is attempting a fresh increase above the $67,000 zone. BTC could gain pace if it clears the $68,750 resistance zone. Bitcoin started a fresh increase from the $65,500 zone. The price is trading above $67,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at… Continue reading Bitcoin Price Targets Gradual Rise: Will the Uptrend Hold?→

Bitcoin Stock To Flow Model Shows Price Is Ready For Next Phase Transition Above $100,000

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Bitcoin is on its way to retesting the $69,000 price level again in the early hours of Monday, October 28, as the bulls look to start the week on a positive note. A notable break above $69,000 would set the stage for a sustained rally in the coming months. Speaking of sustained rally, the Bitcoin… Continue reading Bitcoin Stock To Flow Model Shows Price Is Ready For Next Phase Transition Above $100,000→

Bitcoin Price To Go ‘Vertical’ Towards $200,000 As Crypto Analyst Points Out Massive Cup And Handle Pattern

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The Bitcoin price could see its price surging dramatically to $200,000, with the formation of a new Cup and Handle pattern. While the pioneer cryptocurrency has been slowly recovering from bearish trends to reach the $70,000 mark, a rally to $200,000 would mark a historical milestone and a new All-Time-High (ATH) for BTC.  Technical Pattern… Continue reading Bitcoin Price To Go ‘Vertical’ Towards $200,000 As Crypto Analyst Points Out Massive Cup And Handle Pattern→

Bitcoin Could See ‘One Last Shakeout’ In November, Here Are The Levels To Watch

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Bitcoin (BTC) has recorded a remarkable surge in the past 14 days, nearing the $70,000 mark earlier this week. However, some market watchers shared their worries about the recent retraces, suggesting the cryptocurrency could face another correction ahead of the US Presidential election. Bitcoin To Face Another Shakeout Soon This ‘Uptober,’ Bitcoin has recorded a… Continue reading Bitcoin Could See ‘One Last Shakeout’ In November, Here Are The Levels To Watch→

Bitcoin Exchange Whale Ratio Hits New High Since 2022 — Impact On Price?

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Based on price action data, the last two weeks in October are the most bullish period in the Bitcoin price history. However, why that hasn’t been the story for the premier cryptocurrency over the past two weeks seems to be the question on every investor’s mind. The price of BTC has failed to capitalize on… Continue reading Bitcoin Exchange Whale Ratio Hits New High Since 2022 — Impact On Price?→

Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?

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Bitcoin has had a volatile week, with its price fluctuating between a local high of $69,500 and a low of $65,000. Following weeks of strong bullish momentum, the market has now cooled, and BTC is consolidating just below the crucial $70,000 level. This key threshold is seen as a trigger for intensified buying pressure if… Continue reading Bitcoin Bullish Outlook Confirmed By Critical Data – STH Overheating?→