Tag Archives: BTCUSDT

Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge

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Bitcoin’s price correction over the past week has caused some indicators pointing to possible further declines. However, according to one analyst, the current phase could represent the last opportunity to buy before the next major rally.  Popular crypto analyst Captain Faibik, posting on social media platform X, believes that Bitcoin is ready for a bullish… Continue reading Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge→

Bitcoin Stays Down, But Whale Wallets Quietly Climb to 4-Month High

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On-chain data shows the Bitcoin whales have seen their population grow recently, despite the bearish action that the price has been facing. Bitcoin Whales Have Seen Notable Growth In Past Five Weeks According to data from the on-chain analytics firm Santiment, whale-sized Bitcoin wallets have recently climbed to their highest point since December of last… Continue reading Bitcoin Stays Down, But Whale Wallets Quietly Climb to 4-Month High→

Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio

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Michael Saylor’s firm, Strategy (previously known as MicroStrategy), announced a new Bitcoin (BTC) buy on Monday, March 31st of a significant $1.9 billion in BTC.  This comes despite the market’s leading cryptocurrency’s recent challenges, having plummeted 25% from its all-time high in January of this year. Interestingly, this latest acquisition marks the largest in terms… Continue reading Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio→

Will Bitcoin Downtrend Continue? This Metric Suggests Yes

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On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently showing a trajectory that could suggest a bearish outcome for the BTC price. Bitcoin NVT Golden Cross Is Near Overheated Territory Right Now As explained by an analyst in a CryptoQuant Quicktake NVT Ratio” is an on-chain indicator that keeps track… Continue reading Will Bitcoin Downtrend Continue? This Metric Suggests Yes→

Is Bitcoin (BTC) Poised For A Q2 Recovery? Analyst Points To 2017 Similarities

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As Bitcoin (BTC) attempts to reclaim the $84,000 barrier again, the flagship crypto risks closing the Month in red numbers. Some analysts suggest that BTC’s Q2 performance could mimic its 2017 rally. Bitcoin Retests $84,000 A week ago, Bitcoin saw a star-of-week pump to retest the $88,000-$89,000 resistance zone. The flagship cryptocurrency surged to a… Continue reading Is Bitcoin (BTC) Poised For A Q2 Recovery? Analyst Points To 2017 Similarities→

Bitcoin Price Struggles: Crypto Analyst Bucks Back Against Bearish Sentiment, Top Is Not In

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Amid the Bitcoin price struggles, crypto analyst BitQuant has pushed back against the idea that the top is in and instead provided a bullish outlook for the flagship crypto. He also remarked that he would reveal when the “real top” is in.   Analyst Affirms Top Isn’t In Yet Despite The Bitcoin Price Stuggles In an… Continue reading Bitcoin Price Struggles: Crypto Analyst Bucks Back Against Bearish Sentiment, Top Is Not In→

Bitcoin Bears Tighten Grip—Where’s the Next Support?

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Bitcoin price started another decline below the $85,000 zone. BTC is now consolidating and might struggle to recover above the $83,500 zone. Bitcoin started a fresh decline below the $83,500 support zone. The price is trading below $83,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance… Continue reading Bitcoin Bears Tighten Grip—Where’s the Next Support?→

Bitcoin Short-Term Holders In Extreme Panic And Fear — What This Means

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It has been an unpredictable few months for the price of Bitcoin and the cryptocurrency market since the start of the year, and even as far back as the election of Donald Trump for his second term as US president. According to data from CoinGecko, the premier cryptocurrency is down by a little over 2%… Continue reading Bitcoin Short-Term Holders In Extreme Panic And Fear — What This Means→

Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details

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By their lofty standards, the US Bitcoin spot ETFs produced a moderately positive performance last week, attracting about $200 million in netflows. This development comes amid an impressive market comeback over the past two weeks following the heavy withdrawals seen in early March. Bitcoin Spot ETFs: 10 Straight Days Of Positive Netflows According to data… Continue reading Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details→

Bitcoin Breaks Falling Wedge – Is $110,000 The Next Stop?

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A popular market analyst with X username Satoshi Flipper has predicted that Bitcoin could experience a full market rebound after breaking out from a falling wedge pattern. The premier cryptocurrency rose to above $88,000 in this past trading week before experiencing a sudden crash on Friday driven by macroeconomic pressures. Bitcoin’s Falling Wedge Breakout Sparks… Continue reading Bitcoin Breaks Falling Wedge – Is $110,000 The Next Stop?→