As Bitcoin continues to gain mainstream acceptance, institutions around the world are increasingly diversifying their portfolios to include the cryptocurrency. Over the past few years, the holdings of large institutions in Bitcoin have grown exponentially. This growth has resulted in institutions becoming the dominant holders of Bitcoin, with the majority of the top wallets now
Bitcoin
The Bitcoin price continues to trade sideways, with uncertainties on the macro side leaving investors undecided about their next move. Crypto analyst Michael van de Poppe has shared insights into Bitcoin’s price trajectory, suggesting the possibility of the crypto dropping to as low as $48,000. Van de Poppe highlighted that Bitcoin could break below $56,000
It has been nearly two years since Bitcoin reached the $20,000 mark, causing many to speculate that it may never return to this level. However, one analyst has a different viewpoint, suggesting that a drop back to $20,000 is not a matter of if, but when. This analyst, known as “Without Worries”, has recently shared
Peter Brandt, a veteran crypto analyst, recently discovered an inverted or expanding triangle pattern in Bitcoin (BTC). This pattern, as analyzed through classical charting principles, has significant implications for Bitcoin’s price trajectory. Brandt’s assessment of the technical pattern formation sheds light on potential outcomes for Bitcoin’s price movements. Brandt’s examination of the chart revealed two
With the recent market fluctuations and the supposed bear trap, a crypto analyst known as ‘Sensei’ has made a bold prediction for the future price of Bitcoin. According to Sensei, Bitcoin could potentially reach $72,000 in the near future. This optimistic forecast is based on the analyst’s observation of two parallel trend lines in Bitcoin’s
Cryptocurrency analyst CryptoCon has once again made waves in the market by highlighting a technical indicator that has consistently predicted each local high for Bitcoin in the current bull run. According to CryptoCon’s recent analysis, the Bitcoin Fibonacci extension is poised to propel the leading cryptocurrency to over $100,000, specifically targeting $109,236. This surge could
The recent appearance of the death cross indicator on Bitcoin’s chart has sparked concerns within the cryptocurrency community. Analyst Benjamin Cowen emphasized the importance of the $62,000 price level as a crucial point for Bitcoin to avoid a potential price crash. The death cross indicator, which occurs when the 50-day moving average drops below the
Semilore Faleti is a talented cryptocurrency writer who has made a name for himself in the field of journalism and content creation. With a specialized focus on blockchain technology and digital assets, Semilore has demonstrated a deep understanding of the complexities and intricacies of the cryptocurrency space. His dedication to educating and informing his audience
Samuel Edyme, also known as HIM-buktu, is not your typical content writer or journalist. His journey into the world of crypto was not paved with success from the beginning. In fact, it began with a scam, a Ponzi scheme that lured him in with promises of quick wealth. Instead of giving up after this initial
A crypto analyst, known as ‘The Crypto Dog,’ recently shared a positive outlook on Bitcoin’s future in a post on X. The analyst predicts that Bitcoin could experience rapid growth comparable to the speed of its recent crash, ultimately recovering all the value lost during the decline. This optimistic forecast comes on the heels of
