Bitcoin reaches all-time high as traders anticipate liquidations will push BTC past $125K
Bitcoin Hits New All-Time High On Wednesday, Bitcoin (BTC) surged beyond $123,231 at Coinbase, setting a new all-time high. This increase in Bitcoin’s value occurred just one day after the US Consumer Price Index (CPI) report showed inflation stabilizing at 2.7% year-on-year. The data reflected a 0.2% rise in overall CPI, compared to a 0.3% […]
Price forecasts for 8/13: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, XLM
Key Points: The Bitcoin Bulls are pursuing a rise as buying momentum increases after BTC hit an all-time high of $123,218. Ether is closing in on Bitcoin and looks to be nearing its own record high. Bitcoin soared past $122,000 on Wednesday, suggesting the Bulls are still going strong. Frequent tests of resistance levels often […]
Bitcoin reaches $95K goal as ‘unpleasant’ BTC price candle disrupts breakout
Key Points The recent slump in Bitcoin’s price momentum suggests a possible decline in targets, with warnings from Wyckoff analysis indicating that the $100,000 support could be at risk. A move towards $122,000 seems unattractive, particularly given the daily time frame rejections. Highlighted is the CME gap near $117,500, which remains a focal point. Bitcoin […]
Is the BTC price heading to fill the $117K CME gap? Here are 5 key points about Bitcoin this week.
Bitcoin (BTC) is entering a new week with some intriguing momentum, as its price approaches a record high. Bitcoin has jumped to $122,000, signaling a potential upward trend in prices. Discussions over the weekend highlighted the CME gap, which suggests a retracement target of $117,000. This week, market expectations around CPI and PPI indicate a […]
Bitcoin Whale Transfers $349 Million in BTC After 10 Years of Inactivity
Simply put On Thursday, a significant Bitcoin account transferred around $349 million worth of Bitcoin, marking a substantial activity in the cryptocurrency market. Blockchain records indicate that these holdings had been untouched for nearly a decade. Recently, several long-term investors have started moving their digital assets after long periods of inactivity. Yet another dormant Bitcoin […]
Bitcoin price reflecting 2024 trend that resulted in 50% BTC increases, according to a trader.
Key Points Bitcoin is currently testing a significant support level in the latter half of 2024, according to Trader Galaxy. Previously, BTC’s price rose from $70,000 to $108,000 after a successful retest of support. Individual analyses suggest there’s unlikely to be a return to recent low swing values. Bitcoin (BTC) could see a potential price […]
Bitcoin treasuries acquire 630 BTC while ETFs lose $300M as prices fluctuate.
Bitcoin’s Corporate Treasury Increases Holdings Amid ETF Sell-Off Key Points: Bitcoin’s Corporate Treasury acquired 630 BTC as the week began, continuing its trend of monthly inflows. This acquisition contrasts sharply with ongoing sales from Bitcoin ETFs, which offloaded approximately $300 million on Monday. Interestingly, not everyone is hesitant about “buying the dip” at the current […]
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 […]
Satoshi statue in Lugano goes missing, reward of 0.1 BTC for its return
Statue of Mysterious Bitcoin Creator Stolen in Switzerland A statue dedicated to the enigmatic creator of Bitcoin has been taken from Parcociani in Lugano, Switzerland. The theft has been confirmed by Satoshigarely, the organization leading the global Sato Statue Initiative. They are currently offering a reward of 0.1 Bitcoin, valued at over $11,000, for any […]