Recently, the price of Bitcoin (BTC) has shown signs of losing momentum after reaching the $52,000 price mark. However, there are some patterns indicating that further optimistic activity may be on the horizon. Titan of Crypto, a well-known cryptocurrency analyst, shared an interesting prediction for Bitcoin’s near future on social media, sparking hope within the
Bitcoin
Bitcoin has recently seen the launch of spot Bitcoin Exchange-Traded Funds (ETFs) by industry giants BlackRock and Fidelity, resulting in massive net inflows of $5.278 billion into Bitcoin ETFs within a short six-week span. However, despite these significant developments, the price response of Bitcoin has been remarkably subdued. BTC’s price only appreciated by a modest
The cryptocurrency market has been experiencing heightened volatility following Bitcoin’s surge to $53,000. While the initial spike was met with enthusiasm, the subsequent price declines have raised concerns among investors and analysts alike. This rollercoaster ride in the value of Bitcoin has left many wondering about the future trajectory of the leading cryptocurrency. Prominent crypto
The Bitcoin price has experienced a turbulent start to the week, with fluctuations leading to a loss of momentum above $52,000. Despite this setback, there is still optimism present in the market as various indicators suggest a potential continuation of the upward trend. Crypto analyst Tony The Bull has highlighted a crucial trend in the
Crypto analyst Rekt Capital recently suggested that Bitcoin is on the verge of making a significant move post-halving. According to Rekt Capital, there is only one last Pre-Halving retrace left for Bitcoin before it embarks on a parabolic journey. This impending move by Bitcoin could be a signal for the beginning of the altcoin season,
Bitcoin has recently seen a retracement after reaching as high as $53,000 on February 20. Despite this dip, Bitcoin whales are using this as an opportunity to accumulate more of the flagship cryptocurrency. According to Ki Young Ju, the founder and CEO of Crypto Quant, inflows into accumulation addresses have hit an all-time high of
The recent surge in Bitcoin open interest has been notable, with the open interest reaching historical levels not seen since 2021. According to Coinglass data, the Bitcoin open interest has soared to over $24 billion, representing a significant 50% increase since the beginning of 2024. The last time the Bitcoin open interest reached such heights
In the last few days, the Bitcoin price has shown significant upward movement, surpassing the $50,000 mark for the first time in years. Nonetheless, a well-known crypto analyst on the X platform has raised concerns about potential bearish pressure in the near future. According to the analyst, investors should be prepared for a correction in
Cryptocurrency enthusiasts and investors gathered at the Exchange ETF conference in Miami Beach to discuss the future of spot Bitcoin ETFs and their integration within diversified portfolios. During the conference, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, and Ric Edelman, founder of the Digital Assets Council of Financial Professionals, engaged in a discussion
Bitcoin has undergone a significant technical formation known as the “Cup and Handle” pattern, as identified by Matt Dines, the Chief Investment Officer at Build Asset Management. This pattern, which resembles a cup and handle, is considered a strong bullish signal and is closely followed by market analysts and traders. The formation of this pattern