Tag Archives: BTC news

Bitcoin In Bullish Confluence: Death Cross And Key Support Signal Upside

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Bitcoin’s technical structure is flashing a rare and powerful signal. Despite a recent price dip, a bearish-sounding Death Cross has just triggered precisely at a major structural support, the lower boundary of a long-term pattern. This bullish confluence, where historical market bottoms align with key technical support, suggests that the correction is complete and a… Continue reading Bitcoin In Bullish Confluence: Death Cross And Key Support Signal Upside→

Bitcoin Price In Trouble As Sell-Side Momentum Spikes — $92,000 Next?

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The Bitcoin price has ostensibly continued down in its bearish direction, which started in the second week of October. After slipping beneath the psychological $100,000 support, worries have surfaced among Bitcoin market participants regarding the broader market structure. Interestingly, the latest on-chain evaluation justifies this worry, as the downside bias for the Bitcoin price seems… Continue reading Bitcoin Price In Trouble As Sell-Side Momentum Spikes — $92,000 Next?→

Trump’s Sons’ Venture, American Bitcoin, Achieves Profitability In Q3–A Closer Look

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In the latest financial report, American Bitcoin (ABTC), co-founded by Eric Trump and Donald Trump Jr., has announced significant profits for the third quarter (Q3) of the year. The company, operating as a miner and buyer of the world’s largest digital asset, experienced a profit boost due to improved margins. American Bitcoin Surpasses Previous Earnings… Continue reading Trump’s Sons’ Venture, American Bitcoin, Achieves Profitability In Q3–A Closer Look→

Bitcoin Price Won’t Crash To $92,000, Here’s Why

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The recent upside potential before any significant retracement Why The Bitcoin Price Won’t Decline To $92,000 Crypto analyst @YazanXBT has become one of the loudest voices negating the increasingly popular $92,000 crash target for Bitcoin. The analyst took to X social media on November 13 to inform the crypto community that, rather than a drop… Continue reading Bitcoin Price Won’t Crash To $92,000, Here’s Why→

The Descending Channel That Can Trigger A Bitcoin Price Crash To $88,000

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Over the last few weeks, analysts have been predicting that the Bitcoin price could crash again after the initial October 10 crash. This is because of the weakening market trends that have shown that Bitcoin is still favoring a downtrend at this point. Crypto analyst Lixing_Gan on the TradingView website also shares this view, with… Continue reading The Descending Channel That Can Trigger A Bitcoin Price Crash To $88,000→

How Low Can Bitcoin Price Go? JPMorgan Points To A Key Threshold

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JPMorgan has put a numerical marker under this Bitcoin cycle, telling clients that the market’s “pain threshold” now sits near $94,000 — a level the bank frames as both a mining-economics floor and an answer to the question of how low spot can realistically trade before fundamentals start to bite. According to reporting by The… Continue reading How Low Can Bitcoin Price Go? JPMorgan Points To A Key Threshold→

Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

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On Thursday, the Bitcoin price fell toward the $98,000 mark, with November shaping up to mirror October’s performance as the market’s leading cryptocurrency continues to hit lower lows over the past month, confirming a prevalent downtrend in the market. Bitcoin Price Uncertainty Grows Post-Government Shutdown This downturn is indicative of growing market uncertainty, particularly following… Continue reading Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead→

Bitcoin Death Cross Is Coming: Don’t Be Fooled By The Name

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Bitcoin is days from printing another daily “death cross” — the 50-day simple moving average slipping beneath the 200-day — but analyst Kevin (Kev Capital TA) argues the label misleads more than it informs. In a November 12 video breakdown titled “BTC Daily Death Cross — How It Works And What To Expect,” he contends… Continue reading Bitcoin Death Cross Is Coming: Don’t Be Fooled By The Name→

Chinese And US Governments Fighting Over Bitcoin? Here’s What We Know

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A new may have secretly seized the coins. China’s 2020 Bitcoin Hack Raises Questions About US Government Involvement LuBian was a fast-growing Bitcoin mining pool launched in 2020, mainly operating in China and Iran. In late December 2020, hackers attacked its system and stole over 90% of its Bitcoin, matching almost exactly the 127,271 BTC… Continue reading Chinese And US Governments Fighting Over Bitcoin? Here’s What We Know→

Bitcoin Supply-Loss Chart Flashes Possible Bottom Signal — Is Reversal Emerging?

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The cryptocurrency market has weathered a challenging period, testing the resolve of the most seasoned investors. After a prolonged period of downward pressure, the Bitcoin Supply-Loss Chart is flashing a possible bottom signal. A Deeper Look At Bitcoin Supply In Loss Chart Bitcoin on-chain data on the loss chart is currently flashing a possible bottom.… Continue reading Bitcoin Supply-Loss Chart Flashes Possible Bottom Signal — Is Reversal Emerging?→