The recent price action of Bitcoin has led many to believe that the altcoin season is on the horizon. According to crypto analyst Rekt Capital, Bitcoin is expected to experience one last Pre-Halving retrace before embarking on a parabolic move post-halving. This presents a prime opportunity for altcoins to flourish, as Bitcoin faces a significant
Bitcoin
The Bitcoin open interest has surged in recent weeks as the price continues to climb steadily. This increase in open interest reflects a growing interest in the cryptocurrency market, especially after the approval of Spot Bitcoin ETFs for trading by the United States Securities and Exchange Commission (SEC). The open interest for BTC has reached
Following a recent surge in the price of Bitcoin, reaching above $50,000 for the first time since 2021, there have been speculations of a potential bearish correction in the near future. A prominent crypto analyst, Ali Martinez, has highlighted the possibility of a one-to-four candlesticks correction based on the Tom Demark Sequential indicator. This prediction
The Chief Investment Officer at Build Asset Management, Matt Dines, has recently identified a classical “Cup and Handle” pattern in the Bitcoin (BTC) price chart. This technical formation is viewed as a strong bullish signal by market analysts and traders. The pattern consists of a “Cup” shape followed by a “Handle” formation, and it has
Bitcoin, the most well-known cryptocurrency, has been gaining global attention and adoption in recent years. Tuur Demeester, a prominent Bitcoin OG and researcher for Adamant Research, has shared his bullish outlook for the future of Bitcoin. Demeester predicts that the price of Bitcoin could escalate to between $200,000 and $600,000 by the year 2026. This
After a tumultuous 2022, Bitcoin (BTC) is poised for a remarkable resurgence in 2024, according to a consensus of industry experts. This comprehensive analysis delves into the key factors driving this positive sentiment, including the highly anticipated Bitcoin halving event, surging institutional adoption, and the introduction of spot Bitcoin exchange-traded funds (ETFs). The Bitcoin halving
As Bitcoin continues its recovery after a bearish January, crypto analyst Adam Back suggests that there is a chance for the cryptocurrency to hit the $100,000 price mark before the much-anticipated halving event in April. Unlike previous predictions, Back believes that the bull run may occur prior to the halving event, thanks to the recent
Bitcoin (BTC) has been on an upward trajectory, gaining 4.04% in the last 24 hours to briefly surpass the $48,000 mark. However, amidst this positive movement, there are concerns of an impending dip that could spell significant losses for investors. Popular analyst Ali Martinez has made a major prediction regarding a planned liquidation that could
Bitcoin (BTC) has recently hit a major milestone, surpassing $46,000 for the first time since spot ETFs were introduced on January 11. This significant increase of 3.4% in a single day and a 6% increase over the previous week has sparked renewed interest in the cryptocurrency. Despite a rocky start to Bitcoin’s 2024, marked by
The digital currency market experienced a significant shift on Wednesday, as Bitcoin (BTC) surged past $44,000, reaching a four-week high and edging closer to the coveted $45K mark. This bullish charge was attributed to a combination of factors, including a renewed interest from major investors, remarkable growth in US equity markets, and an unexpected regulatory