A closely followed crypto strategist believes it is within the realm of possibility for Bitcoin (BTC) to witness an abrupt rally to $68,000. Pseudonymous analyst Credible Crypto tells his 423,300 followers on the social media platform X that a relief rally is in sight for Bitcoin and the altcoin market. But the trader warns that […]
Bitcoin serves as a secure option for buyers who want stability during market uncertainty. Ethereum represents a potentially hazardous investment linked to the future of blockchain advancements. BlackRock’s BTC ETF has gained popularity, surpassing Grayscale’s pledge of assurance in holdings. In a recent analysis, BlackRock classifies BTC as a ” danger off” stock and Ethereum […]
The Cup and Handle formation for Bitcoin forecasts an upswing to $70000; the price target for the long term is $126,107. That means there are $21 billion of leveraged short positions at risk to be liquidated if Bitcoin climbs up to $70,000. The last surge to $48,000 may be a “final flush” before the price […]
Bitcoin faces yet another correction after surpassing the $62,000 mark on Oct. 2. However, data shows that whales haven’t taken part in the latest selloff. Bitcoin (BTC) consolidated around the $60,000 zone between Oct. 1 and 4 as the geopolitical tension between Iran and Israel heated up. Right after the U.S. jobs report, the flagship […]
Popular quant analyst PlanB says crypto whales are staying on the sidelines for now to await the results of a highly anticipated event. In a video update, the pseudonymous analyst tells his 179,000 YouTube subscribers that he believes Bitcoin (BTC) is in a bull market despite its choppy price action over the last eight months. […]
3 cryptocurrencies to avoid trading this week amid unlocks Vinicius Barbosa Cryptocurrency Oct 6, 2024 Share Three cryptocurrencies will unlock nearly $150 million worth of tokens, potentially flooding the market with increased supply pressure. Speculations on the outcome of such massive inflation could bring uncertainty and increase the risks of trading these tokens. Indeed, on […]
Bitcoin’s massive price fluctuations have been captivating the minds of traders and investors for over a decade. The initial exchange rate for Bitcoin, the leading cryptocurrency, was established 15 years ago on Oct. 5, 2009, on the New Liberty Standard Exchange. As noted by Pete Rizzo, a prominent Bitcoin historian, the price of the flagship […]
The head macro strategist at Swissblock is predicting major moves for Bitcoin (BTC) in the final quarter of this year. Henrik Zeberg tells his 155,900 followers on the social media platform X that market conditions have reached a critical point that the macro strategist predicted two years ago. “We have now reached the bottom of […]
Iggy Azalea says ‘the time is now’ for crypto mass adoption Vinicius Barbosa Cryptocurrency Oct 6, 2024 Share Iggy Azalea, the famous Australian rapper, songwriter, and model, is positioning herself as a global ambassador for cryptocurrency mass adoption. The celebrity’s positioning has positively surprised crypto enthusiasts worldwide due to a focus on using cryptocurrencies for […]
As markets enter Q4 2024, investors keenly observe the current bitcoin market cycle, questioning whether it will reflect historical patterns. Typically, halving events every four years dictate these cycles, each marked by sharp supply cuts. However, today’s demand and supply forces, regulatory changes, and external market shocks suggest this cycle could be different. Key Background […]