Category: Cryptocurrency news

Crypto Analyst Bullish on Bitcoin, Says Demand Outstripping New BTC Supply – But There’s a Catch

A widely followed analyst believes Bitcoin (BTC) will remain on a bullish trend despite the daily fluctuations in price. The analyst pseudonymously known as Pentoshi tells his 867,400 followers on the social media platform X that on the higher time frames, the Bitcoin trend is up and the day-to-day fluctuations in price are just “noise.” […]

Bitcoin’s Bull Case Strengthens as Dollar Index Slides, Nvidia Hits Record High Amid Recession Cues

Bitcoin’s BTC$107,805.11 price has rebounded nearly 10% from weekend lows, with key developments in traditional markets supporting the case for continued gains ahead. The dollar index, which tracks the value of the greenback against major fiat currencies, dropped to 97.27 early Thursday, the lowest level since February 2022, according to data source TradingView. The decline […]