Bitcoin’s troubling daily candle might indicate a fall below $117K, according to a trader.
Bitcoin Faces Potential Further Decline After Recent Drop Bitcoin’s recent price movements suggest there might be more declines on the horizon following a rough day on Monday. Over the past 24 hours, the cryptocurrency has decreased by 2.6%, according to analysts. “It’s been a very ugly everyday candle,” remarked Michael Van De Poppe, founder of […]
Bitcoin’s Year-to-Date Performance Ranks Second to Gold, Yet Total Return Since 2011 is 308,709 Times Higher
Bitcoin Price Update Bitcoin has seen a slight decline of 0.11%, landing at $116,702 over the past 24 hours. Despite this minor dip, it has experienced a considerable annual increase of 25%, according to data from Coindesk. Performance Highlights for 2025 By August 8, Bitcoin’s performance this year has been strong, particularly when compared to […]
Dogecoin and XRP Top Altcoins as Bitcoin’s Influence Decreases
Simply put Bitcoin’s market share dropped to 57.8% within the cryptocurrency market. XRP and Dogecoin led the way in profits among Altcoins. Gerry O’Shea from Hashdex suggests that while an Altcoin season could occur, it might not be as impactful as before. XRP and Dogecoin showed strong performance on Friday, contributing to a 12-day decrease […]
Analyst claims Bitcoin’s decline creates an ideal low: Will BTC rise to $148K?
Key Highlights Bitcoin’s 50-day EMA bounce aligns with a bullish pattern aiming for $148,000. The sell-off of 80,000 BTC by an old whale suggests a third wave of profits, often a precursor to market recovery. Bitcoin has experienced a notable drop of 7.50% following a record high close to $123,250. Analysts believe this decline might […]
Analyst claims Bitcoin’s drop creates ideal low point: Can BTC soar to $148K?
Key Insights Bitcoin’s recent bounce off its 50-day EMA aligns with a bullish pattern aiming for $148,000. The sale of 80,000 BTC by older whales indicates a profit-taking phase, which typically foreshadows a market recovery. Bitcoin (BTC) experienced a 7.50% drop approximately three weeks after it peaked at around $123,250. Analysts suggest this downturn could […]
Bitcoin’s Independence Day: Eight Years Since the Block Size Conflicts
Reflecting on Bitcoin’s 8th Anniversary of SegWit Activation August 1st marks the eighth anniversary of a significant event in Bitcoin’s (BTC) timeline: the initial activation of Segregated Witness (SegWit) in 2017. This software upgrade played a pivotal role in shaping the network’s future and set off a hard fork. This event, often referred to as […]
Bitcoin’s price remains stable, but a surge may be on the horizon.
Key Points: Bitcoin remains trapped within an 18-day trading range, recently dipping below $116,000. The uncertainty around US regulators and the Trump administration’s pro-crypto stance has made traders feel uneasy. Bitcoin (BTC) took a hit after the Federal Reserve’s FOMC minutes were released, particularly following Chairman Jerome Powell’s press conference. This drop came as the […]
Blockstream introduces Simplicity as Bitcoin’s alternative to Ethereum’s Solidity
Blockstream Launches New Smart Contract Language for Bitcoin Blockstream, known for developing Bitcoin’s Layer 2 protocol Liquid and led by Adam Back, has introduced Simplicity—a novel smart contract language tailored for Bitcoin. According to an announcement on Thursday, Simplicity Smart Contracts will be integrated within Liquid. This initiative is part of a greater effort to […]
The decline in Bitcoin’s momentum is due to pre-FOMC risk reduction, not a shift in trend.
Key Points Bitcoin’s price compression and Bollinger Band indicate that a range expansion may be imminent. This week’s initial price weakness might stem from traders reducing risk ahead of Wednesday’s White House update regarding FOMC, crypto policy, and the Bitcoin Strategic Reserve. On Tuesday, Bitcoin (BTC) is still trading within the range of $117,000 to […]
Could Ethereum Reach $20,000? ETH Is Following Bitcoin’s Path From 2021
Ethereum Prices Set for Potential Breakout Ethereum prices might be gearing up for a significant breakout, as it’s noted that ETH is mirroring Bitcoin’s (BTC) price movements from 2020 to 2021. At this point, Ethereum is caught under long-term resistance, which leads analysts to speculate about a possible approach to historic resistance levels. Ethereum Mimics […]