As Bitcoin continues to gain mainstream acceptance, institutions have increasingly turned to the cryptocurrency as a hedge. The past four years have witnessed a significant rise in institutional holdings of Bitcoin, resulting in a shift towards dominance by large organizations. This trend is reflected in the current composition of the top Bitcoin wallets, which no
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The Bitcoin price has not reached the $20,000 level for almost two years, leading some to believe that it may never return to that range. However, an analyst known as “Without Worries” has a different perspective. According to their analysis on TradingView, the possibility of Bitcoin crashing back to $20,000 is not a question of
Cryptocurrency analyst, Peter Brandt, recently brought attention to an inverted or expanding triangle pattern in Bitcoin (BTC), using classical charting principles to analyze its potential impact on the price trajectory. While his analysis provides valuable insights, it’s important to critically examine the implications of this pattern on Bitcoin’s future movements. The Pattern Formation Brandt’s analysis
An analyst, known as ‘Sensei’, recently shared an optimistic forecast for Bitcoin (BTC) on X (formerly Twitter). According to Sensei, Bitcoin has the potential to reach $72,000 in the near future. This prediction is based on a chart that outlines two parallel trend lines tracing Bitcoin’s recent price movements. Sensei believes that Bitcoin’s price could
Recently, well-known crypto analyst CryptoCon drew attention to a technical indicator that has consistently forecasted local highs for Bitcoin during this bull run. According to CryptoCon’s analysis, Bitcoin is projected to surpass $100,000, potentially reaching $109,236 by the end of the year. This prediction hinges on the “1-month-behind 2023” trend continuing, with Bitcoin hitting a
Semilore Faleti is a prominent figure in the world of cryptocurrency journalism, with a keen focus on blockchain and digital assets. His journey in this field has been marked by a deep passion for demystifying the complexities of crypto and advocating for its widespread adoption. Semilore Faleti’s career in crypto journalism began with a strong
Recently, crypto analyst Benjamin Cowen discussed the potential impact of the death cross indicator on Bitcoin’s chart. This indicator has reappeared, making the $62,000 price level a crucial point for Bitcoin to avoid another price crash. In a video posted on his YouTube channel, Cowen highlighted the significance of Bitcoin holding above $62,000 to prevent
Samuel Edyme, also known as HIM-buktu, has carved a unique path in the world of web3 content writing, journalism, and trading. His journey into the crypto universe did not begin with success, but rather with a harsh lesson learned from falling victim to a Ponzi scheme. However, instead of giving up, Edyme used this experience
After the recent Bitcoin price crash below $60,000, many have lost hope of the cryptocurrency reaching a new all-time high in the short term. However, analysts like CryptoQuant CEO Ki Young still believe that Bitcoin has the potential to rebound from this setback. In a recent X post, Ki Young expressed optimism about the future
Crypto analyst Altcoin Sherpa recently made waves in the crypto community with his prediction that the Bitcoin bottom has not been reached yet. He suggested that Bitcoin could still drop to new lows, specifically pointing to the $40,000 range as a potential bottom. Altcoin Sherpa emphasized the possibility of “a few more nasty wicks, a