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
Bitcoin
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
Bitcoin, the undisputed king of cryptocurrencies, has once again captured the attention of investors with its recent price surge, surpassing the coveted $50,000 mark. This rally, coupled with an “extreme greed” reading on the Crypto Fear and Greed Index, suggests a market brimming with optimism, but also raises concerns about potential overheating. The Crypto Fear
Bitcoin, the world’s leading cryptocurrency, has garnered significant attention from investors, enthusiasts, and skeptics alike. Tuur Demeester, a renowned Bitcoin researcher, has recently shared his bullish outlook for the digital asset. According to Demeester, Bitcoin’s price could witness an astronomical surge, potentially reaching anywhere between $200,000 and $600,000 by 2026. This projection is based on
In a year marked by volatility and uncertainty, Bitcoin (BTC) is set to make a strong comeback in 2024, according to industry experts. This in-depth analysis explores the key factors driving this positive sentiment, including the highly anticipated Bitcoin halving event, increasing institutional adoption, and the introduction of spot Bitcoin exchange-traded funds (ETFs). One of