Bitcoin recently surged from $81,500 to nearly $90,000 as bulls attempted to maintain momentum. However, analysts caution that Bitcoin may face resistance at $94,000, leading to potential consolidation in the coming months. Mexican billionaire Ricardo Salinas remains optimistic about Bitcoin, having invested 70% of his portfolio in it. In terms of price analysis, Bitcoin is ...
Bitcoin is currently experiencing significant price fluctuations, trading around $88,500 after a brief surge past $90,000 and a dip below $80,000. The Market remains uncertain, with traders uncertain if the recent rally is the start of a recovery or just a temporary bounce. Analysts note strong buying at key levels like $81,000, indicating that institutional ...
Recent technical analysis of Bitcoin (BTC) charts reveals intriguing signs of potential upward movement. Since last Friday, two significant candlesticks have emerged, suggesting a shift in Market psychology and indicating bullish sentiment at multi-month lows. The price dip seems to have found support at the 200-day simple moving average, with recent candles showing the sellers ...
Bitcoin’s recent drop comes amid global economic uncertainty, making a quick return to its January peak of $109,000 unlikely, according to analyst XBTManager from CryptoQuant. They suggest that the Market is currently in a pullback phase and may need more time to stabilize due to liquidity issues. Long positions will become more appealing once short-term ...
The cryptocurrency Market is changing, with many investors looking for undervalued tokens priced under $1 that can yield substantial returns. While meme coins like Dogecoin and Shiba Inu have gained popularity due to short-term spikes, their long-term stability is uncertain, leading analysts to recommend more reliable options. LuckHunter (LHUNT) stands out as a promising investment ...
The cryptocurrency Market, particularly Bitcoin, has faced significant corrections recently, with Bitcoin trading at around $84,255. A CryptoQuant analyst suggests that this dip might actually set the stage for a rebound. Key indicators, like a notable drop in Bitcoin’s open interest, hint at reduced Market speculation and potential buying opportunities. Furthermore, the Crypto Fear and ...
Bitcoin is currently experiencing downward pressure, with traders shifting towards safer investments like gold due to rising global economic uncertainties. Recent analysis from The Kobeissi Letter indicates that Bitcoin is no longer considered a safe haven asset. In the wake of new trade tariffs affecting Canada and Mexico, Bitcoin’s price dropped by $10,000 in just ...
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 ...
On Sunday, traders faced significant losses, totaling nearly $600 million, after President Donald Trump announced a U.S. strategic reserve for major cryptocurrencies. The bearish bets were particularly affected due to Sundays typically having lower liquidity, which can lead to sharp price movements. Notably, Cardano’s ADA surged 60%, while XRP and Solana’s SOL saw increases of ...
Bitcoin’s price is currently fluctuating between $80,000 and $85,000, creating uncertainty after it dropped below $90,000. Investors are debating whether this correction is a chance to buy the dip or a sign that the Market has peaked. On-chain data hints at a critical level to watch for making investment decisions. Crypto analyst Maartunn suggests that ...
