Bitcoin

Crypto analyst, Peter Brandt, recently identified an inverted or expanding triangle pattern in Bitcoin (BTC). This pattern was observed through traditional charting principles and analyzed for its potential impact on Bitcoin’s price trajectory. The unique formation of this pattern was showcased in a price chart from May 2023 to November 2024, displaying two descending trend
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Crypto analyst CryptoCon recently highlighted a technical indicator that has accurately predicted each local high for Bitcoin in the current bull run. According to CryptoCon’s analysis, the Bitcoin Fibonacci extension is expected to push the flagship cryptocurrency over $100,000, with a projected rise to $109,236 by the end of the year. This prediction is based
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Semilore Faleti, a cryptocurrency writer with a specialization in journalism and content creation, has made a name for himself in the world of blockchain and cryptocurrency. Starting out by writing on various subjects, Semilore quickly discovered his passion for dissecting the complexities and intricacies of digital assets. With a keen interest in the efficiency of
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Cryptocurrency analysts have been closely monitoring the recent appearance of the death cross indicator on Bitcoin’s chart, particularly focusing on the critical $62,000 price level that could potentially influence the flagship cryptocurrency’s future price movements. The death cross indicator is traditionally viewed as bearish and signals a potential period of declining prices for the asset
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Crypto analyst Altcoin Sherpa has raised concerns that the Bitcoin bottom may not have been reached yet, suggesting that the flagship cryptocurrency could still plummet to new lows. In a recent post on X (formerly Twitter), Altcoin Sherpa pointed out that Bitcoin is more likely to bottom out around the $40,000 range rather than $50,000.
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Opeyemi is not your average writer. He delves into the complexities of blockchain technology with a passion that is palpable in his work. His ability to connect price charts to on-chain movements and blockchain activities sets him apart in the cryptocurrency realm. While many may find analyzing price patterns a daunting task, Opeyemi thrives on
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Recent on-chain data has revealed the activities of a Bitcoin whale known as 12QVs…oN2qo, who has accumulated nearly $400 million worth of BTC between July 30 and 31. This significant purchase indicates a bullish sentiment towards the flagship cryptocurrency, as the whale foresees potential for substantial profits in the near future. The whale’s decision to
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Investing in Bitcoin can be a challenge due to its market volatility and price fluctuations. However, a crypto analyst named ‘Stockmoney Lizards’ has identified crucial price levels that investors should monitor for potential buying opportunities. According to the analyst, Bitcoin’s recent price actions suggest a classic 5-wave uptrend followed by an ABC correction with an
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The real identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin, has baffled the world for over a decade. Despite numerous theories and speculations, the true identity of this individual remains shrouded in mystery. One prominent figure, software developer Craig Wright, has boldly claimed to be the mastermind behind Bitcoin. However, another theory put forth
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In a recent X post, hedge fund manager James Lavish made a bold prediction that Bitcoin could potentially rise to $428,000. This prediction is based on the premise that Bitcoin will account for 1% of the $900 trillion investment assets worldwide. Lavish believes that once Bitcoin captures a larger market share, it could experience a
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The Elliot Wave theory has gained popularity among Bitcoin analysts for its ability to provide insights into the potential future direction of the cryptocurrency’s price. One pseudonymous crypto analyst, XForceGlobal, recently utilized this theory to make predictions about the Bitcoin price. In their analysis on TradingView, they applied the 5-wave Elliot Wave theory to forecast
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The Bitcoin open interest serves as a crucial indicator of investor sentiment towards the cryptocurrency market. When the metric hits a new all-time high, it can have significant implications for the future of Bitcoin. Recently, the open interest reached a record level, surpassing $39.5 billion, signaling increased interest from traders. While this may seem like
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After reaching a high of $73,400 in March 2024, the Bitcoin price has been on a downward trend, staying below its peak for the last four months. Despite this, there is optimism surrounding a potential recovery, with crypto analyst “Melikatrader94” predicting a resurgence to $77,600. The analyst’s thesis is based on bullish chart patterns, particularly
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Greetings Verse Community, We are excited to announce the results of our recent brand refresh voting proposal. The community has spoken, and a clear winner has emerged! Proposal Recap In our ongoing effort to make the Verse Ecosystem more inviting, relatable, and inclusive, we proposed a brand refresh. The goal was to modernize our brand elements — trademark,
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US Republican Presidential candidate Donald Trump recently made headlines when he addressed the Bitcoin 2024 conference in Nashville on July 27. During his speech, Trump made bold promises to the crypto community, including his plans for the US government’s Bitcoin holdings if elected. He pledged that his administration would enforce a policy requiring the government
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