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
Bitcoin
Bitcoin has been making waves in the cryptocurrency market recently, with analysts speculating on the potential for a bullish surge in the near future. One crypto analyst, known as ‘Sensei’, has made a bold prediction that Bitcoin could reach $72,000, despite recent price fluctuations. This article will analyze the optimistic forecast presented by Sensei and
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
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
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
Semilore Faleti is a prominent figure in the field of cryptocurrency journalism and content creation. With a keen eye for detail and a passion for demystifying the complexities of blockchains and digital assets, Semilore has established himself as a trusted source of information in the rapidly evolving world of crypto. Having started his career as
Samuel Edyme, affectionately known as HIM-buktu, is a multifaceted individual with a wide array of skills and experiences. His introduction to the world of cryptocurrency was far from conventional, as he fell victim to a Ponzi scheme early on in his journey. However, instead of being deterred by this setback, Edyme used it as a
After the recent Bitcoin price crash below $60,000, many investors were left disappointed as hopes for a new all-time high seemed unattainable in the short term. However, analysts still remain optimistic about the long-term outlook for Bitcoin. CryptoQuant CEO Ki Young is one of those who believe that the BTC price will eventually reach new
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.
In the world of cryptocurrency, predictions and projections are commonplace. Recently, a well-known crypto trader, Peter Brandt, has made a bold claim about the future of Bitcoin. Despite a recent crash below $50,000, Brandt believes that Bitcoin could see a significant rebound, reaching new all-time highs of $90,000. This optimistic outlook comes at a time
Jan van Eck, the CEO of VanEck, has recently made headlines with his bullish stance on Bitcoin. In an interview with Fox Business, he boldly predicted that Bitcoin could surge to an astonishing $350,000. This optimistic outlook is based on his belief that Bitcoin’s adoption rate will rival that of gold, ultimately driving its price
In a recent analysis by a cryptocurrency analyst, it has been brought to light that Bitcoin (BTC) is currently at risk of experiencing a significant price crash if it fails to maintain a crucial support level. The analyst, known as DonAlt, has emphasized the importance of the $63,000 price mark for Bitcoin, stating that failure
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
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
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
Semilore Faleti, a cryptocurrency writer, has made a name for himself in the world of journalism and content creation. His journey began with writing on various topics, but he soon found his niche in the complexities of blockchains and cryptocurrency. Faleti’s passion lies in the efficiency of digital assets and their potential to revolutionize the
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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Active users of the Wallet app can now claim their VERSE tokens. Hey everyone! We’ve got some exciting news to share. Our first airdrop of VERSE tokens is now live! If you are an active Ethereum user of the , there’s a good chance you are eligible to claim VERSE tokens right now. So head over
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
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
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
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
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,
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
Semilore Faleti is a cryptocurrency writer with a specific focus on journalism and content creation. His journey in the field began with a wide range of topics, but he eventually found his niche in unraveling the complexities of blockchains and digital currencies. Faleti is captivated by the efficiency of digital assets in terms of value
The Bitcoin market has been experiencing a hot streak, with the price returning to past highs that investors are familiar with. However, recent on-chain insights suggest that the market may not stay quiet for much longer. Popular crypto analyst Ali Martinez recently revealed that Bitcoin miner capitulation appears to have come to an end. The