Bitcoin

In response to Federal Reserve Chairman Jerome Powell’s recent announcement of potential adjustments to policy and a hint at a 25bps rate cut at the upcoming meeting on September 18, Bitcoin saw a significant increase of over 6%. This unexpected news has added to the already volatile nature of Bitcoin’s price in recent weeks. Optimism
0 Comments
The monthly performance of Bitcoin can be a rollercoaster ride, heavily influenced by the sentiments of investors towards the market. Analysts and investors rely on years of historical data to try and predict the next move of this volatile cryptocurrency. As August comes to a close, Bitcoin investors are already looking towards September with hopes
0 Comments
Opeyemi is a talented writer who has found his passion in the ever-evolving world of cryptocurrency. Despite not initially choosing the digital asset industry, he has become deeply fascinated by it over the past two years. Opeyemi takes pride in his ability to create informative pieces that break down the complexities of blockchain technology and
0 Comments
Bitcoin, the world’s largest cryptocurrency, is facing a new bearish death cross, according to a recent analysis. The analyst, known as ‘Mags,’ highlighted key pattern formations and future outlook for Bitcoin. This bearish death cross occurs when the 50-day Moving Average (50 MA) crosses below the 200-day Moving Average (200 MA) on the daily chart.
0 Comments
As Bitcoin continues to gain mainstream acceptance, more and more institutions are jumping on the bandwagon and investing in the cryptocurrency. This shift has led to a significant change in the landscape of Bitcoin holders, with large institutions now dominating the market. In fact, the top Bitcoin wallets are no longer held by private individuals,
0 Comments
As Bitcoin hovers far below its peak of $20,000, one analyst has predicted that the cryptocurrency will inevitably fall back to this level once again. The analyst, known as “Without Worries”, has outlined the possibility of Bitcoin crashing to $20,000 in a recent analysis on TradingView. Key Indicators Point to Resistance The analysis focuses on
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments
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.
0 Comments
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
0 Comments
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
0 Comments
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
0 Comments