Tag: btc

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (November 5) – Bitcoin Sits Under $70k As US Election Nears, Poises For A Surge

Bitcoin’s bias remains bullish in the short term but has briefly lost buzz due to the recent drops. However, it appeared to have found temporal support but still looks weak as it follows negative sentiment daily. Bitcoin surprised many traders during last month’s trading as it exploded massively close to […]

Crypto, News

Bitcoin’s Big Week: Election, FOMC Meeting, And Strong Signs Of A Bull Market

As the market faces one of its most volatile weeks—amid the U.S. election and the Federal Open Market Committee (FOMC) meeting—Bitcoin appears primed for a lasting rally. Historically, major bull runs have followed post-election periods, and analysts are optimistic about Bitcoin’s potential, forecasting it could hit $100,000 by year’s end, […]

Crypto, News

Strong Buying Pressure In Binance Futures, Bitcoin Outflows, And MicroStrategy’s Growing BTC Holdings Signal Positive Market Sentiment

The Binance futures market has recently witnessed the strongest buying pressure since September of last year, with notable interest not only in Bitcoin ($BTC) but also in Ethereum ($ETH). This robust activity points to increased market confidence in these digital assets. Strong buying momentum has emerged from Binance futures whales […]

Crypto, News

Celebrating Bitcoin’s 16th Anniversary Amidst Strong Holder Accumulation And ETF Inflows

Today marks the 16th anniversary of Bitcoin’s white paper release by the mysterious Satoshi Nakamoto. On October 31, 2008, Nakamoto shared his vision for a decentralized financial system in a nine-page document titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” This paper, which laid the foundation for Bitcoin and the broader […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (October 30) – Is Bitcoin Brewing For Another Rally With This Hidden Bullish Formation?

After experiencing a little setback due to a drop from around $69,500, Bitcoin ended last week’s trading a bit strong as it formed a new bullish pattern. The price is up 1% today following the latest recovery.  From a technical standpoint, Bitcoin’s landscape has changed to the upside in the […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (October 22) – Bitcoin Sees Rejection After Rallying 7% In A Week, Can It Break $70k?

The continuous recovery in Bitcoin’s price has restored bullish hope and sentiments are now turning positive daily in the market. While the price reached a critical level, it may retrace a little before resuming bullish. Bitcoin’s performance has been awe-inspiring in the past month as the price continued to break […]

Crypto, News

Bitcoin Sees Surge In Active Addresses And Institutional Interest

Bitcoin has witnessed a notable resurgence in active addresses since September, marking a significant turnaround from a period of subdued performance. The metric for Bitcoin Active Address Momentum has surpassed both monthly and yearly moving averages, indicating a robust increase in user engagement and potential demand. Historically, such trends have […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (October 15) – BTC Foots Big Moves, Will It Break Out Of Its Channel This Time?

Last Thursday, Bitcoin reestablished support above the important $60k level following a quick recovery from a small retracement phase. The price currently appears strong as it resurges on a daily scale. Bitcoin’s price is growing stronger daily but trading is still captured in a falling channel for over seven months. […]

Crypto, News

Bitcoin And Ethereum Options Set To Expire: $1.57 Billion In Play As Key Price Levels Emerge

As the crypto market braces for the upcoming expiration of Bitcoin and Ethereum options, traders are closely watching pivotal price levels. A significant $1.10 billion in Bitcoin options and $466 million in Ethereum options are set to expire, bringing the “max pain” price into focus—$62,000 for Bitcoin and $2,500 for […]