Cryptocurrency has rapidly become a popular topic of discussion, with enthusiasts and experts alike delving into the intricacies of blockchain technology and digital assets. One such individual making a mark in the field of cryptocurrency journalism is Semilore Faleti. With a background in content creation and a passion for educating others, Semilore has carved out
Bitcoin
Jamie Coutts, the chief crypto analyst at Real Vision, has brought attention to an indicator that suggests a positive future for Bitcoin (BTC). According to Coutts, Bitcoin’s hash rate decline is slowing down, which typically signals a possible bottom and reversal from the current bearish trend. However, Coutts mentioned that any bullish movement still hinges
The recent Bitcoin price crash back towards $56,000 has left many investors concerned about the future of the cryptocurrency. Despite a brief increase triggered by CPI data release showing lower than expected inflation rates, the bearish trend has persisted. One crypto analyst, Luca VIP, predicts that the decline is not over yet and expects the
Bitcoin, the pioneering cryptocurrency, has been making waves in the financial markets with its recent all-time high above $73,000. This has raised questions among market watchers and analysts about whether Bitcoin has reached its peak for this market cycle. However, a crypto analyst known as ‘CryptoCon’ has provided a detailed analysis of Bitcoin’s price movements
Bitcoin (BTC) recently broke above its bearish trendline, sparking optimism among traders and investors. With a market capitalization of over $1.1 trillion and a trading volume of more than $24 billion, BTC is currently trading at around $58,119, down by 1.37% in the last 24 hours. Despite this slight dip, the digital asset is showing
Recent data has revealed a significant shift in the relationship between Bitcoin and US stocks. The flagship cryptocurrency has completely detached from the Nasdaq 100 and S&P 500, with a correlation of -0.78 and -0.83, respectively. This strong negative correlation indicates that Bitcoin and these assets are now moving in opposite directions. The decline in
A crypto analyst, known as ‘DonAlt,’ recently made a bold prediction on social media platforms, stating that Bitcoin would reach a staggering price of $100,000 in the near future. This optimistic outlook is based on the increasing interest in Spot Bitcoin ETFs and various forecasts indicating a potential bull run for the cryptocurrency market. DonAlt’s
The recent weekend saw a significant drop in the price of Bitcoin, falling below the $60,000 mark. This drop was mainly attributed to rapid selling by major holders such as the German and US governments. The market saw billions of dollars in losses, marking one of the largest drops in the last two years. Despite
The recent drop in Bitcoin price by more than -22% since March has caught the attention of Jacob Canfield, a trading mentor at Trading Mastery. Canfield’s analysis focuses on historical patterns observed in Bitcoin’s pricing trends, suggesting a potential further decline in the Bitcoin price. According to Canfield, Bitcoin has a tendency to retest yearly
Renowned trader Peter Brandt recently raised concerns about Bitcoin potentially dropping to as low as $44,000. He based this prediction on a technical indicator signaling a bearish outlook for the leading cryptocurrency. Brandt suggested that if Bitcoin has completed a double top, it could experience a significant reversal to the downside. Despite Brandt’s warning, analyst
