After a three-month price correction, the future of the Bitcoin bull Market remains uncertain. Although there was a slight price recovery in April, Bitcoin hasn’t shown a strong signal to continue its upward trend, primarily due to a lack of encouraging Market conditions. Analyst Axel Adler Jr. noted that Bitcoin long-term holders are reducing their ...
Bitcoin has seen a 1% increase over the past week, reflecting a balance between supply and demand. Analysts are expecting a quiet Easter weekend, but opinions are split on Bitcoin’s future direction. Timothy Peterson, a network economist, suggests Bitcoin could rise to between $75,000 and $138,000 in the next three months, based on historical trends. ...
Bitcoin has recently hit three-day lows as traders analyze potential liquidity grabs in the Market. After a drop to approximately $83,000, Bitcoin is expected to stay in a range of $83,000 to $86,000 during the Easter weekend. Some analysts are skeptical about the $83,000 support level, suggesting it may soon be tested before any upward ...
Bitcoin’s price has soared from $16,625 at the start of 2023 to nearly $85,000 today, reflecting a remarkable increase of over 400% in just two years. Despite a recent dip, many investors believe Bitcoin could act as a safe-haven asset amid global economic uncertainties, similar to “digital gold.” There’s also discussion about using new tariff ...
Bitcoin’s biggest traders, known as whales, are showing strong confidence in BTC, buying more than 300% of the new supply despite economic challenges. Data reveals that these larger holders are accumulating Bitcoin at a historic pace, indicating a shift towards long-term investment rather than keeping coins on exchanges. Many investors are seizing the opportunity to ...
Bitcoin remains stable below $85,000 as political tensions rise between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell. Powell’s recent comments hint at tighter monetary policy, raising concerns about potential stagflation, which could lead to economic slowdowns. Amid this uncertainty, traders are showing mixed signals—while some are placing bullish bets on Bitcoin reaching ...
On April 17, the price of gold hit a record high of $3,357 per ounce, sparking speculation about whether Bitcoin would follow suit. Historically, Bitcoin prices tend to rise after significant gold rallies, as seen in 2017 and 2020. Experts suggest that Bitcoin generally lags behind gold by about 100-150 days during Market shifts driven ...
Barry Silbert, CEO of Digital Currency Group, shared insights on a recent podcast, revealing that holding onto Bitcoin instead of investing in early-stage crypto projects may have yielded better returns. Silbert, who began investing in Bitcoin around 2011 when prices were just $7-$8 per coin, expressed regret over using his Bitcoin to fund investments like ...
A well-known analyst is optimistic about Bitcoin, which is currently about 21% below its all-time high. Known as Rekt Capital, he tells his 108,000 YouTube followers that Bitcoin is in a “banana zone,” a phase that usually leads to significant price increases. He believes that the recent price correction is just a temporary dip and ...
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. ...
