Tag: btc

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (February 27) – BTC Contracts Above $50k As Big Expansion Underways, Where Next?

Bitcoin looks relatively calm over the past few days with no major signal for the next actual direction. However, it recently initiated a drop, but quickly bounced back to its trading range as it decides on the next big move. Last week saw Bitcoin through another significant milestone after increasing […]

Crypto, News

Bitcoin ETF Inflows Surge To Over $232M As Investors Flock To Cryptocurrency

The influx of funds into Bitcoin Exchange-Traded Funds (ETFs) has reached a staggering $233 million, signaling a notable surge in investor interest in the cryptocurrency.  Despite the inherent volatility of the market, Bitcoin has maintained a relatively stable price, hovering consistently around $51,000. On February 23, reports from SoSoValue indicated […]

Crypto, News

Crypto Whales Navigate Mixed Signals Amid Market Fluctuations, Top BTC Whales Accumulate More Bitcoins

Whale activity has been a mixed bag lately, with some whales opting to buy while others choose to sell, all in pursuit of capitalizing on recent market movements. Among the largest cohort of whales, those holding between 1,000 and 100,000 BTC, there’s a discernible trend of accumulation, typically associated with […]

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (February 20) – BTC Sets For More Surge After Weekend’s Drop, Up 25% Gains Monthly

Bitcoin is slowly building up for another leg up after losing heat last Weekend. It may reach a new milestone this week as it continues to gain dominance. Although, a pullback lies ahead as the market becomes greedy. After trading as low as $38,500 last month, Bitcoin bounced and increased […]

Crypto, News

Bitcoin’s Rally Sparks General Cryptocurrency Market Surge

Bitcoin’s recent impressive performance has been the driving force behind the significant rise in the cryptocurrency market, leaving investors reaping profits as digital currencies experience a sharp increase in value. The correlation between Bitcoin and stocks has notably strengthened over the past two months, indicating investor optimism surrounding the possibility […]

Crypto, News

Bitcoin Open Interest Hits Highest Level Since April 2022 As Whales Accumulate

The cryptocurrency market is witnessing significant activity, with Bitcoin’s open interest across all exchanges soaring to its highest level since April 2022, reaching an impressive $13.57 billion.  #Bitcoin open interest across all #crypto exchanges, representing the total number of open long and short $BTC positions, has surged to its highest […]

Crypto, News

Bitcoin Surges Past $52K, But Caution Prevails Amidst Potential Threats

Bitcoin has made a significant rebound, briefly surpassing the $52,000 mark for the first time since December 3rd, 2021. However, seasoned investors remain cautious as excessive jubilation often precedes market corrections, especially when social media chatter turns to discussions about reaching new all-time highs. 📈😮 #Bitcoin has resumed its climb, […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (February 12) – ETH Retests $2,500 After A Solid Rebound, What’s Next Target?

Alongside other coins, Ethereum recovered significantly in the past weeks after sitting well above key monthly support. Unlike Bitcoin, it has yet to revisit its previous high as the price faces key resistance. As expected, Ethereum finally retested the important $2,500 level as resistance during last weekend’s trading but it […]

Market Analysis

BITCOIN CASH PRICE ANALYSIS & PREDICTION (February 12) – BCH Continues To Squeeze Despite Latest Market Bounce, But Remains Bullish

Bitcoin Cash’s BCH volatility remains low despite the latest increase across the crypto space. It continues to gather momentum as trading stalled under $300 for months. However, it is still looking bullish on a monthly chart. After bouncing off $220 last month, BCH faced resistance at $244 and pulled back […]

Crypto, News

Bitcoin Wallets Continues Declining Despite Growing ETF Interest, MicroStrategy Buys 850 More $BTC, Now Holding 190,000 BTC

In the wake of the SEC’s approval of 11 Spot ETFs just four weeks ago, the number of wallets holding Bitcoin continues to dwindle. This trend is attributed to the prevailing fear, uncertainty, and doubt (FUD) among investors, alongside the increasing array of alternative investment options competing for attention. 📉 […]