Tag: bitcoin

Crypto, News

Bitcoin Surges To $106K: Whales, Miner Activity, And ETF Inflows Shape The Market

Bitcoin has reached a historic milestone, surpassing $106,000 for the first time. This rally has been marked by strong investor activity, particularly across key price levels between $96,000 and $100,000, where significant accumulation has occurred. #Bitcoin has hit a new all-time high above $106K. Let's break down how investor cost […]

Crypto, News

Bitcoin Hits $100K: A Landmark Moment In Its Financial Evolution

Bitcoin has reached the monumental $100,000 milestone, cementing its position as a transformative force in global finance. Since the creation of its Genesis Block, Bitcoin has facilitated an astonishing $131 trillion in transfer volume and successfully processed over 1.12 billion transactions. #Bitcoin crossing $100K is a monumental milestone in its […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (December 9) – BTC Floats Around $100k After Rejecting New High, Where Will It Head Next?

Bitcoin’s recent surge above $100k has fueled more bullish sentiments among traders and investors, but on-chain metrics like CoinMarketCap suggest a possible pullback is underway as it reaches extreme greed.  Last Thursday, Bitcoin made another major move after trading calmly for weeks. That positive action alone put the asset in […]

Crypto, News

Bitcoin Whales and Institutions Drive Market Dynamics Amid Strong Spot Activity

Bitcoin whales are ramping up their accumulation efforts, purchasing an additional 20,000 BTC—valued at $2 billion—in the past 24 hours. This surge in large-scale buying reflects growing confidence among major holders in Bitcoin’s long-term prospects. #Bitcoin whale accumulation is going parabolic. They just bought another 20,000 $BTC in the last […]

Crypto, News

Bitcoin Hits $103,656: A Milestone Amid Surging Whale Accumulation And ETF Inflows

Bitcoin’s record-breaking surge to $103,656 on Coinbase marks a pivotal milestone, achieved amidst a wave of cryptocurrency price rallies that began a month ago on U.S. election night. But how did we arrive at this six-figure landmark? ⛏️📉 Bitcoin's collective mining balances have been dropping since April, 2024. However, this […]

Crypto, News

Bitcoin Whales Move Strategically As Long-Term Holders Trim Balances

Since the November 5 elections, Bitcoin whales have been actively transferring funds to exchanges, yet refraining from immediate sell-offs. This cautious “wait-and-see” approach suggests strategies like hedging or over-the-counter (OTC) trading rather than liquidation. However, the uptick in exchange inflows raises concerns about potential sell-offs in the near future. Since […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (December 2) – Bitcoin Sets To Reaccumulate Following A Slight Breakdown, Looks For A Solid Ground

Regaining momentum last week, Bitcoin failed to push above its current high following a steady shrink in volatility. The trend still looks bullish in the long term but will likely correct lower before resuming the rally.  Bitcoin’s trend remains bullish on the daily chart but the price looks stalled over […]

Crypto, News

Bitcoin’s Post-Election Gains And Market Trends: A Closer Look

Historically, Bitcoin has delivered remarkable returns in the December following U.S. presidential elections. During the last two cycles, the cryptocurrency gained 30% and 46%, respectively. If this pattern repeats, Bitcoin could end the year trading between $125,000 and $140,000. Historically, #Bitcoin $BTC has surged in the December following US Presidential […]