Crypto analyst Daan Crypto recently highlighted a Bitcoin Rainbow Chart, shedding light on the crypto’s current price action. According to Daan Crypto, Bitcoin needs to maintain a price level above $60,000 to initiate a bullish reversal in its trend. The analyst emphasized the significance of breaking above $60,000 for Bitcoin to potentially reach new highs
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Opeyemi is a writer deeply immersed in the world of cryptocurrency. Despite not initially choosing the digital asset industry, he has become captivated by it over the past two years. He is known for creating insightful pieces that demystify blockchain technology and discuss the latest trends in cryptocurrencies. Opeyemi spends a significant amount of time
In a surprising turn of events, Bitcoin (BTC) experienced a significant spike of over 6% following Federal Reserve Chairman Jerome Powell’s recent announcement. Powell hinted at a potential 25bps rate cut at the next meeting on September 18, causing a ripple effect in the cryptocurrency market. This unexpected news has added to Bitcoin’s already volatile
The recent sudden dip in the crypto market, specifically in Bitcoin, was largely attributed to an overreaction from short-term holders. These investors, who typically hold onto their assets for a brief period, quickly liquidated their positions when faced with the initial decline in prices. This knee-jerk reaction led to further cascading effects in other cryptocurrencies
Opeyemi delves into the cryptocurrency realm with a fervor that is matched by few. Despite not initially choosing the digital asset industry, he has found himself captivated by its complexities for over two years. His love for unraveling the intricacies of blockchain technology and staying updated on the latest trends in the crypto world drives
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
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 Bitcoin whale, identified as 12QVs…oN2qo, recently made a significant move by withdrawing 5,800 BTC ($387.88 million) from Binance within a span of two days. This action showcases the whale’s confidence in the flagship cryptocurrency’s potential for a substantial price increase in the near future. The whale is strategically positioning itself to capitalize on a
