As the Bitcoin Halving approaches, all eyes are on the flagship cryptocurrency, but crypto analysts like Jason Pizzino are making a strong case for altcoins such as Ethereum (ETH) and Solana (SOL). Pizzino suggests that Ethereum could potentially experience a breakout in the coming months based on his analysis of the ETH/BTC pair. While Bitcoin
Bitcoin
Cryptocurrency analyst Rekt Capital recently discussed the potential breakout of Bitcoin from a weekly range known as Black-Black. This range was established after Bitcoin experienced an 18% correction, with candle-bodied and upside-wicking peaks in 2021 defining the range. Rekt Capital suggested that reclaiming the $69,200 Range High could signal a breakout for Bitcoin, potentially ending
The recent surge in Bitcoin price has been attributed to the accumulation by large whales and shark investors. While whales hold hundreds of millions of dollars worth of BTC, sharks are addresses holding between 100 BTC and 1,000 BTC. According to Glassnode data, shark wallet addresses have accumulated 268,441 BTC in the past 30 days,
In recent days, the Bitcoin price has seen a significant uptick, sparking enthusiasm among investors and drawing comparisons to the positivity associated with Holy Week in the Christian faith. This surge in the price of Bitcoin has not been isolated, as other major cryptocurrencies have also experienced notable gains over the past week. The renewed
Bitcoin investors have recently experienced a significant increase in profits, with the crypto asset surging by 9.34% to trade above $71,000. This substantial uptick in price has left many individuals in the BTC market eagerly anticipating potential large gains in the current bull cycle. However, according to Bitwise CEO Hunter Horsley, the impending halving event
The recent outflows from the Grayscale Bitcoin ETF caused a significant stir in the market, resulting in a sharp decline in the value of BTC. However, as a new week dawns, there seems to be a shift in sentiment among investors, with a renewed sense of optimism towards Bitcoin. This shift is reflected in the
Bitcoin (BTC) has recently surpassed the $70,000 mark, sparking speculation about a potential surge in the near future. Analyst Ali Martinez has identified a bull flag pattern on Bitcoin’s 4-hour chart, suggesting a consolidation phase with a slight downward trend. Despite a recent dip below $61,000, Bitcoin rebounded into the $67,000-$70,000 range, reinforcing the validity
After weeks of bearish sentiment surrounding Bitcoin, the bulls seem to have regained control as the Spot Bitcoin ETFs are once again experiencing significant inflows. Farside Investors reported a total of $243 million in inflows on March 27, with BlackRock’s iShares Bitcoin Trust (IBIT) and ARK 21Shares Bitcoin ETF (ARKB) leading the way with $323.8
The recent surge in the price of Bitcoin, reaching a new all-time high above $73,000, has sparked excitement among investors. This surge comes ahead of the halving, prompting Bitcoin whales to fill up their wallets with more BTC in anticipation of an explosive move in the market. These large Bitcoin whales, who hold at least
Recent data from crypto analytics firm Glassnode has revealed that the amount of Bitcoin held on Coinbase has plummeted to a nine-year low. This significant drop in BTC balance on the exchange has sparked speculation about the possibility of the flagship cryptocurrency soaring to a new all-time high of $75,000 in the near future. According
Cryptocurrency expert Rekt Capital has highlighted a striking resemblance between the recent Bitcoin pre-halving retrace and the one that occurred in 2020. This similarity has piqued the interest of many in the crypto community, as it could potentially indicate an upcoming upsurge in the value of the largest cryptocurrency asset. Bitcoin is currently on a
In the ever-evolving world of cryptocurrency, it is essential to have expert voices guiding investors through the uncertain terrain. Doctor Profit, a renowned cryptocurrency analyst, has recently shed light on regions that are crucial for Bitcoin’s current trajectory. His insights have sparked optimism within the crypto community, particularly amidst concerns over Bitcoin’s recent price fluctuations.
As the digital currency market continues to evolve, Bitcoin remains at the forefront of discussions among analysts and enthusiasts alike. The year 2024 has sparked a heated debate about the future price trajectory of Bitcoin, with contrasting viewpoints leading to uncertainty about where the cryptocurrency is headed. One school of thought, led by prominent crypto
Bitcoin ETFs faced a challenging week last week, with Spot Bitcoin ETFs experiencing consecutive daily outflows. This trend indicated a potential decrease in bullish sentiment among institutional traders. The price of Bitcoin also reflected this bearish movement, dropping to as low as $61,370 during the week. The surge in investor interest in Spot Bitcoin ETFs