Bitcoin Strengthens Again as Market Positions for Another Wave of Gains

Bitcoin price started a fresh increase above $92,000. BTC is now testing the key barrier at $94,000 and might attempt an upside break. Bitcoin started a fresh increase above the $92,000 zone. The price is trading above $91,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at… Continue reading Bitcoin Strengthens Again as Market Positions for Another Wave of Gains

US Fed Has Ended Quantitative Tightening, But Why Is The Bitcoin Price Still Below $100,000?

The Federal Reserve has officially brought its multi-year quantitative tightening program to a close, freezing its balance sheet at about $6.57 trillion after draining more than $2.3 trillion from the system since 2022.  The Federal Reserve’s decision to formally end quantitative tightening has created a sense of anticipation across the crypto market. Liquidity inflows have… Continue reading US Fed Has Ended Quantitative Tightening, But Why Is The Bitcoin Price Still Below $100,000?

Bitcoin Slump Claims New Victims: Leveraged ETFs Tied To Strategy Suffer Major Losses

Despite a 9% recovery on Tuesday, Bitcoin (BTC) has experienced considerable volatility, with its price plummeting to as low as $84,000 just 24 hours ago. This downturn has had a significant impact on Strategy (previously MicroStrategy) the public company that holds the largest BTC reserves, currently boasting over 650,000 coins. Strategy T-Rex ETFs Plummet Nearly 85%… Continue reading Bitcoin Slump Claims New Victims: Leveraged ETFs Tied To Strategy Suffer Major Losses

Bitcoin Blasts To $92,000, Liquidating $182 Million In Shorts

Bitcoin has turned itself around with a sharp surge to $92,000, unleashing a fresh wave of short liquidations on the derivatives exchanges. Bitcoin Has Seen A Flash Recovery Back To $92,000 Bitcoin suffered a blow on Monday as its price slipped under $84,000, but just as quickly as it had crashed, the cryptocurrency has made… Continue reading Bitcoin Blasts To $92,000, Liquidating $182 Million In Shorts

You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control?

Bitocin treasury companies continue to accumulate a significant amount of BTC despite current market conditions and now control around 5% of the total BTC supply. These companies are led by Michael Saylor’s Strategy and Metaplanet, which have recently raised fresh capital to buy the dip.  Bitcoin Treasury Companies Now Hold Over 1 Million In BTC… Continue reading You Won’t Believe How Much Bitcoin Companies Now Hold, What % Of Supply Do They Control?

Bitcoin Vs. Gold Metric Flashes Rare Signal Not Seen in Market History – See How

A key long-term indicator comparing Bitcoin to gold has just triggered a signal not seen before in market history. Analysts say such extreme compression typically precedes violent directional moves, and the fact that it’s happening at the intersection of two global safe-haven assets makes the setup even more significant. With BTC outperforming gold for over… Continue reading Bitcoin Vs. Gold Metric Flashes Rare Signal Not Seen in Market History – See How

Bitcoin Long-Term Holders See First Uptick Since April Lows: Bullish Sign?

On-chain data shows that the Bitcoin investors with a holding time greater than six months have seen an upward reversal in their supply for the first time in months. Bitcoin Long-Term Holder Supply Has Just Turned Around As pointed out by Capriole Investments founder Charles Edwards in a new long-term holders (LTHs). Statistically, the longer… Continue reading Bitcoin Long-Term Holders See First Uptick Since April Lows: Bullish Sign?

When Will Bitcoin, Ethereum, And Dogecoin Go Into A Bear Market?

The prices of Ethereum and Dogecoin have followed a similar trajectory to the Bitcoin price crash as the pioneer digital asset continues to lead the crypto market lower. The muted action from Bitcoin has led to speculations that the market is finally headed into another bear trend after rising over the last few years. In… Continue reading When Will Bitcoin, Ethereum, And Dogecoin Go Into A Bear Market?

Revisiting $85,000: Bitcoin Price Drop Linked To Japanese Government Bonds

After a brief period of consolidation and a bullish uptick to around $93,000 at the end of last week, the Bitcoin price has once again dipped toward the $85,000 mark, recording a significant 7% drop on Monday, according to data from CoinGecko.  Market expert Shanaka Anslem has pointed to what he refers to as “the… Continue reading Revisiting $85,000: Bitcoin Price Drop Linked To Japanese Government Bonds

Here’s Why The Bitcoin Price Is Crashing Today

Crypto analysts Nik and Doctor Profit have provided insights into why the Bitcoin price is crashing today. The flagship crypto has again dropped below the psychological $90,000 level, sparking bearish sentiments among market participants.  Why The Bitcoin Price Is Crashing Today In an X post, Nik remarked that the Bitcoin price didn’t dump because of… Continue reading Here’s Why The Bitcoin Price Is Crashing Today