A recent analysis shows a strong connection between Bitcoin’s price and the global M2 money supply, suggesting BTC could rise above $100,000 soon. The analyst, known as Collin Talks Crypto, created charts that indicate Bitcoin typically reacts to changes in global liquidity with a delay of either 78 or 108 days. He believes Bitcoin is ...
Bitcoin has recently bounced back by 14.6% after falling below $75,000 but struggles to surpass the $85,000 resistance. Experts warn this could trap investors as rising interest in gold amid geopolitical tensions and economic fears drives people towards safer assets. Bitcoin’s 200-week moving average is notably lower than current prices, raising concerns of an impending ...
Popular crypto analyst Tony Severino recently shared insights on Bitcoin’s Market structure, asserting that the bull Market remains intact as long as the price stays above a critical level of $49,000. Following a significant drop from January’s peak of $109,000, Bitcoin has traded between $74,000 and $86,000, showcasing volatility and uncertainty in the Market. The ...
Bitcoin reached around $84,000 at the Wall Street open on April 16, as traders hoped a weak US dollar might spark a Market rally. After a quick drop from recent highs, Bitcoin is consolidating its position. The Market remains sensitive to developments in the US-China trade war and the S&P 500 and Nasdaq are down. ...
Bitcoin, after recently reaching over $100,000, has entered a new consolidation phase, according to recent analysis. Exchange inflows have hit multiyear lows, dropping 64% since November, indicating that selling pressure has significantly decreased. Notably, sellers appear to have “dried up,” with average daily BTC inflows to major exchanges falling from 81,000 to 29,000. This trend ...
After a significant drop in Bitcoin’s price from over $100,000 to below $80,000, recent upward movement has sparked discussions among traders about the possibility of a renewed bull Market or just a temporary rally. Key indicators, such as the Net Unrealized Profit and Loss, show improved sentiment, while long-term holders are actively accumulating Bitcoin, signaling ...
In the world of cryptocurrency trading, XRP is emerging as a significant indicator for Bitcoin Market trends. While meme coins like Dogecoin often signal Market hype, XRP, which has real utility in facilitating cross-border transactions, has shown a pattern of surging during the last stages of Bitcoin bull runs. Historically, XRP has rallied dramatically before ...
Bitcoin’s recent drop to around $80,708, falling more than 14% in a week, has raised concerns among investors about a possible bear Market. However, experts like Aurelie Barthere from Nansen suggest that this decline is part of a “macro correction” within a longer-term bull Market. Predictions indicate Bitcoin could retrace to the $70,000 mark, seen ...
Bitcoin’s recent drop to around $80,708, following a 14% decline, raises concerns among investors about a potential bear Market. Analysts suggest this may just be a normal correction within a broader bull Market. Aurelie Barthere from Nansen believes BTC might retrace to the $71,000-$72,000 range, which could stabilize the Market for a healthier recovery. Arthur ...
Bitcoin has shown encouraging signs with a substantial bull signal at the end of the month, which carries into March. After a significant drop of nearly 30% since January 25, Bitcoin has rebounded by around 21%, recovering from a low of $78,917. Recent actions saw the cryptocurrency retreat from a high of $95,152, but bullish ...
