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
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
Since mid-January, Bitcoin has been stuck in a sideways movement, breaking out of a parallel upward channel to the downside. However, the monotony might soon come to an end, as indicated by the Bollinger Band Width (BBW) indicator. The BBW is a derivative of the Bollinger Bands, which consist of an upper and lower band
Institutional investors continue to flock towards the world of digital assets, with Bitcoin and Solana leading the way in terms of institutional inflows. According to a recent CoinShares report, Bitcoin witnessed a staggering $703 million in inflows last week, accounting for 99% of all flows into digital asset investment products. Surprisingly, Solana followed closely behind
Bitcoin, the flagship cryptocurrency, finds itself at a critical juncture, as it hovers between potential upward and downward movements. Analysts are closely watching the current price action and utilizing various indicators to predict the next move of this influential digital asset. One such analyst, Eric Krown Crypto, recently shared his insights on Bitcoin’s future trajectory
Bitcoin, the largest cryptocurrency, has been experiencing a period of stagnation in recent times, leaving many investors uncertain about its future. Despite the lackluster price action, on-chain data reveals an interesting trend – the number of whale wallets, those holding between 1,000 and 10,000 BTC, has been steadily increasing. This accumulation by large holders indicates
The cryptocurrency market has been showing signs of recovery, and analysts at Coinbase are optimistic about the future performance of Bitcoin and the overall crypto market in Q2 2024. Despite the recent market fluctuations, Bitcoin has gained 3.31% in the last week, reaching a trading value above $43,000. This positive trend has led analysts to
Bitcoin Exchange-Traded Funds (ETFs) have gained significant attention and are living up to the hype. These investment funds have successfully increased the institutional adoption of Bitcoin, the flagship cryptocurrency. Recent analysis conducted by Lookonchain, an on-chain analytics platform, reveals the substantial amount of Bitcoin acquired by issuers such as BlackRock and others in just one
As the Bitcoin halving event approaches, anticipation and excitement are building within the cryptocurrency community. Many are hopeful that this event will trigger a massive rally in BTC prices. However, before diving headfirst into this optimistic outlook, investors must carefully analyze a few significant factors. In this article, we will explore the insights shared by
