Bitcoin Price Holds Above $63,000 — Here’s The Next Critical Resistance Level

The Bitcoin price has been relatively quiet in October, but things seem to be looking up after the premier cryptocurrency broke the $63,000 mark on Saturday, October 12. However, the crypto has to scale a major resistance level if the current bull run is to get back on track. $64,000 The Resistance Level To Watch:… Continue reading Bitcoin Price Holds Above $63,000 — Here’s The Next Critical Resistance Level

Is Bitcoin Price Primed For New Record High? Analyst Provides Update On $78,000 Prediction

A crypto analyst has offered an update on their analysis, predicting the Bitcoin price to climb to a new all-time high in the coming months. What’s Next For Bitcoin In October? In a September 23 post on X, crypto analyst Ali Martinez put forward an interesting prognosis on the current price action of Bitcoin and… Continue reading Is Bitcoin Price Primed For New Record High? Analyst Provides Update On $78,000 Prediction

Bitcoin Price Crash: $1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?

Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been… Continue reading Bitcoin Price Crash: $1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?

Bitcoin Price Encounters Resistance: Will It Clear The Hurdles?

Bitcoin price extended losses and traded below the $60,000 zone. BTC is now attempting a recovery wave and facing hurdles near $60,800. Bitcoin is struggling to start a fresh increase above the $61,200 zone. The price is trading below $61,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming… Continue reading Bitcoin Price Encounters Resistance: Will It Clear The Hurdles?

Is The Bitcoin Bull Run Over? Top Analyst Predicts What’s Next For Crypto

Crypto analyst Bob Loukas has released a new video analysis titled “No Bull.” In the video, Loukas delves into the current state of the Bitcoin market, addressing growing concerns about the possibility of a canceled bull run. Loukas begins by acknowledging the prolonged period of consolidation for the Bitcoin price. He senses that “there is… Continue reading Is The Bitcoin Bull Run Over? Top Analyst Predicts What’s Next For Crypto

Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025

In a development that could offer relief for Bitcoin (BTC) and the broader crypto ecosystem, Mt. Gox, the defunct cryptocurrency exchange that was hacked in 2014, has announced a significant delay in its repayment plan for affected creditors. Originally set for October 31, 2024, the new deadline for repayments has been pushed to October 31,… Continue reading Bitcoin Price Hope: Mt. Gox Delays Repayment Plan Until October 2025

Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows

Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred. In fact, about 15,917 BTC, valued at approximately $987 million, has been withdrawn from various… Continue reading Bitcoin Investors Accumulate Almost $1 Billion In BTC As Exchange Reserves Falls Towards New Lows

SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’

The US Securities and Exchange Commission (SEC) has stepped up its regulatory scrutiny of the crypto industry by charging Cumberland DRW LLC with operating as an “unregistered dealer”, underscoring the agency’s relentless enforcement approach that has come under increasing criticism from stakeholders and advocates in the digital asset space. Accused Of Trading $2B In Crypto… Continue reading SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’

Bitcoin Price Flashes Fractal Similar To October 2023, Here’s What Happened Last Time

Crypto analyst TradingShot recently revealed that the Bitcoin price is forming a similar fractal pattern to the one that happened in October 2023. This is bullish for the flagship crypto, considering what happened last year when the fractal pattern formed.  Bitcoin Prices Flashes Fractal Similar To October 2023 TradingShot mentioned in a Bitcoin price currently… Continue reading Bitcoin Price Flashes Fractal Similar To October 2023, Here’s What Happened Last Time

Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?

Bitcoin price extended losses and traded below the $61,850 zone. BTC is now holding the $60,000 support, but it remains at risk. Bitcoin is struggling to start a fresh increase above $62,850 zone. The price is trading below $62,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with… Continue reading Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?