Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting – The Daily Hodl
Analysts who continue to build support with macro crypto calls believe Bitcoin (BTC) is almost ready to enter the parabolic phase of the market cycle. Pseudonymous analyst TechDev told his 490,300 followers on social media platform The trader shared a chart that suggests Bitcoin broke through the upper Bollinger Bands within two months after spending […]
Bitcoin ETFs Records Largest Net Outflows in One Day Since Launch As $671,900,000 Yanked Out Amid BTC Plunge – The Daily Hodl
New data from the Cryptocurrency Insights platform reveals that the Bitcoin (BTC) exchange-traded fund (ETF) has recorded its largest single-day net outflow since its launch in January. Market intelligence firm Spot On Chain speaks out in a new thread on social media platform X say On December 19th, hundreds of millions of dollars worth of […]
US Bitcoin ETFs now hold more BTC than Satoshi Nakamoto – Cointelegraph
The US Spot Bitcoin Exchange Traded Fund (ETF) has reached a new milestone, with its total BTC holdings surpassing that of Satoshi Nakamoto. Bitcoin ETFs have surpassed 1.1 million BTC for the first time since the historic start of spot Bitcoin ETF trading in the US in January, said Eric Balciunas, Bloomberg ETF analyst. I […]
Bitcoin, Ethereum, Dogecoin Dip As Investors Get Spooked By US Government's $2B BTC Transfer: Analyst Says Breakout Above $100K Could Trigger 20-25% Correction In Top Crypto – Benzinga
Major cryptocurrencies corrected on Monday after the US government moved nearly $2 billion. Bitcoin to a new address. cryptocurrency Gain +/- Price (recorded at 7:45 p.m. ET) Bitcoin BTC/USD -1.56% $95,870.15 Ethereum ETH/USD -1.58% $3,641.51 dogecoin doge/usd -4.99% $0.4231 what happened: The world's largest virtual currency exchange comes after on-chain data shows the overseas movement […]
Bitcoin price weakens, but BTC derivatives remain healthy – Cointelegraph
Bitcoin (BTC) struggled to rise above $98,000 from November 25th to December 2nd, frustrating investors despite achieving a 38% monthly gain. Market participants are concerned that if the price continues to consolidate below the psychological barrier of $100,000 for an extended period of time, bearish strategies to suppress the BTC price may become active. Bitcoin […]
BTC price: $100K 'in sight' as open interest reset boosts Bitcoin bulls – Cointelegraph
Bitcoin (BTC) hit a multi-day high on November 29th as traders set their sights on $100,000. BTC/USD 1 hour chart. Source: Cointelegraph/TradingView BTC price could “stick” to $100,000 Cointelegraph Markets Pro and TradingView BTC price performance was solid, with BTC/USD reaching $97,539 on Bitstamp. Bitcoin continues its recovery from the $90,800 mark seen a few […]
Bitcoin (BTC) Needs To Recover Key Level To Really Kick Things Off, Says Crypto Strategist – The Daily Hodl
A closely watched cryptocurrency analyst has identified levels at which Bitcoin (BTC) could regain bullish momentum. False Trader Cheds say 340,100 followers on social media platform “Once BTC gets back to $96,000, things will really start.” In a new YouTube video, Chez explain Relevance of BTC’s $96,000 area. The trader said a move above key […]
Novogratz Says Massive Capital Entering Bitcoin as Countries Buying BTC in Large Volumes – The Crypto Basic
Galaxy Digital CEO Michael Novogratz said huge amounts of capital from other countries are flowing into Bitcoin, with support from cryptocurrency advocate President Donald Trump. Bitcoin, one of the “Trump trades,” performed as expected following the Republican presidential victory. The pioneering cryptocurrency has soared more than 40% from less than $68,000 on November 5 to […]
BTC $77K rally won't spark overvaluation fears like stocks: Bitwise CEO – TradingView
Bitcoin has hit new highs this week, but it is not raising concerns of overvaluation among investors like regular stocks, a cryptocurrency executive suggested. “Bitcoin is different,” Hunter Horsley, CEO of asset management firm Bitwise Invest, opined in a Nov. 9 , explained that this essentially measures a company's valuation and financial factors. performance. People […]
Bitcoin’s repeating bearish engulfing trend and spot ETF outflows boost odds of sub-$60K BTC – Cointelegraph
Bitcoin (BTC) price is currently showing a 3% decline after a strong weekly performance last week. In addition to this, Bitcoin's daily chart is hinting at a historical bearish pattern, raising concerns that this could test the $60,000 level again. Bitcoin forms a bearish engulfing candlestick every day Bitcoin’s 2.4% decline on October 21st formed […]