Bitcoin faces 'sell the news event' before 2024 BTC price all-time high – Cointelegraph
Bitcoin (BTC) should hit a new all-time high in 2024, but a new analysis suggests the halving will punish the bulls first. In the latest market update released On February 2nd, trading suite DecenTrader predicted a classic “halving” BTC price trend. DecenTrader: Bitcoin will ‘test investors’ resolve’ ahead of Q4 highs DecenTrader believes Bitcoin will […]
Bitcoin nears key weekly close as analyst says 20% BTC price dip 'over' – Cointelegraph
Bitcoin (BTC) held near $42,000 on January 27th as a rally in BTC price late in the week gave traders confidence in new upside. BTC/USD 1 hour chart. Source: TradingView Bitcoin likely to re-challenge $48,000 Cointelegraph Markets Pro and TradingView Showing off a classic cool weekend price action, the focus was $41,800. It rose 5% […]
Bitcoin traders expect a return to swing highs after BTC price hits $42,000 – Cointelegraph
Bitcoin (BTC) price has topped $42,000 for the first time in nearly seven days as the market recovers from the aftermath of the spot Bitcoin exchange-traded fund (ETF)-related decline. Cointelegraph Markets Pro and TradingView shows that Bitcoin rose rapidly from its January 26 price of $39,545 to trade at $41,973, up 5%. BTC/USD daily chart. […]
9 spot Bitcoin ETFs buy 100K BTC in 7 days after launch – Cointelegraph
Grayscale's Bitcoin (BTC) exchange-traded fund (ETF) released more than 80,000 BTC in just a few days after lunch trading, while nine other spot BTC exchange-traded funds (ETFs) released more than 100,000 BTC. Piled up. According to ETF data tracked by Cointelegraph, there are nine Bitcoin spot ETFs, including Bitcoin ETFs such as BlackRock's iShares Bitcoin […]
Bitcoin rides new $600M GBTC offload, with BTC price eyeing 2-month low – Cointelegraph
Bitcoin (BTC) hit its lowest price since early December after the start of Wall Street trading on January 23, as anger over the market sell-off mounted. BTC/USD 1 day chart. Source: TradingView FTX heats up as Bitcoin plummets Cointelegraph Markets Pro and TradingView We tracked the price movement of BTC as it fell to $38,505 […]
BTC price analysis sees $38K next if Bitcoin fails to rally bulls – Cointelegraph
Bitcoin (BTC) hit a seven-week low heading into its close on January 22, as traders warned that things were only going to get worse. BTC/USD 1 day chart. Source: TradingView Mr. Hayes says BTC price decline is “still a long way off” Cointelegraph Markets Pro and TradingView It showed that BTC price fell to $39,440, […]
Bitcoin ETFs amass 95,000 BTC in 6 days, approaching $4B AUM – Cointelegraph
The recently approved Spot Bitcoin (BTC) exchange-traded fund (ETF) now holds a total of 95,000 Bitcoins after six full days of trading, with assets under management (AUM) approaching $4 billion. . in data disclosed Capital inflows into the recently launched ETF exceeded outflows from the Grayscale Bitcoin Trust (GBTC), according to Eric Balchunas, senior ETF […]
Spot Bitcoin ETFs scoop up another 10,600 BTC on day 5 – Cointelegraph
The Spot Bitcoin exchange-traded fund (ETF) issuer added an additional net 10,667 Bitcoin (BTC) to its crypto stack on the fifth business day amid rising trading volumes. Data compiled by X (formerly Twitter) account CC15Capital on January 17 shows that by the end of the day, a net amount of $440 million in Bitcoin had […]
Here's why Bitcoin bulls are failing to shift the $42K BTC price range – Cointelegraph
Bitcoin (BTC) remains below $43,000 this week, with even institutional purchases having little impact on the market. BTC/USD 4-hour chart. Source: TradingView Liquidity constrains Bitcoin bulls Cointelegraph Markets Pro and TradingView It has been confirmed that the price trend of BTC has been concentrated in a narrow range for 7 consecutive days. Bitcoin has been […]
BlackRock scoops up 11,500 BTC during dip as ETF leads the pack – CryptoSlate
BlackRock reportedly acquired stunning assets 11,500 Bitcoin from the available supply during the recent sell-off since the launch of the Spot Bitcoin ETF. This amount is significant considering that only 900 BTC is issued every day. The purchase by BlackRock effectively means that approximately 13 days worth of Bitcoin production has been absorbed by one […]