Cryptocurrency expert Michael van de Poppe recently pointed out a crucial indicator suggesting a potential bounce for Bitcoin, following its dip below $60,000. Van de Poppe highlighted in a social media post that Bitcoin’s CME gap has closed, indicating a possible relief bounce from its current price level. According to his analysis, Bitcoin is expected
Bitcoin
The recent crash in the crypto market has left investors in a state of panic, particularly those holding Bitcoin and altcoins. The price of Bitcoin has been falling steadily, leading to tens of thousands of traders losing their positions and facing significant losses. In just the last 24 hours, the market has seen a substantial
Despite the overall negative sentiment in the cryptocurrency market, Bitcoin investors holding more than $600,000 worth of BTC have been steadily accumulating more coins over the last six months. According to data from Santiment, wallets holding more than 10 BTC have increased their collective holdings by 1.07% in this time period, adding up to over
Crypto analyst Quinten François has painted a remarkably optimistic picture of Bitcoin’s future trajectory, suggesting that the flagship cryptocurrency could surge to as high as $4.5 million. He pointed out the significance of Bitcoin’s fourth halving and claimed that the real action is just getting started. According to Quinten, Bitcoin is currently situated at the
Fundstrat’s head of research, Tom Lee, has once again made headlines with his prediction that Bitcoin will surge to $150,000. This bullish outlook on the pioneer cryptocurrency has sparked a debate among investors and analysts alike. While some believe in Lee’s optimistic forecast, others remain skeptical about the feasibility of such a sharp price increase.
Arthur Hayes, the co-founder of BitMEX, recently published an essay titled “Zoom Out,” where he delves into the parallels between historical economic upheavals and the current financial landscape. He categorizes economic cycles into “Local” and “Global” cycles, emphasizing the importance of understanding these cycles in predicting future trends in the Bitcoin and crypto market. Hayes
Bitcoin has recently been experiencing a period of volatility, with the price fluctuating between $60,000 and $63,500. Despite attempts to break above important resistance levels, the bearish sentiment in the market seems to be prevailing. One crypto analyst, Alan Santana, has made a rather grim prediction regarding the future of Bitcoin prices. In his analysis
Bitcoin, known for its 24/7 accessibility, has seen a significant decrease in weekend trading volumes according to a recent report by Kaiko. The data shows a dramatic drop from 28% in 2019 to only 16% in 2024, indicating a shift in trading patterns. The introduction of spot Bitcoin ETFs in the US has played a
Opeyemi is not your average writer – he is a dedicated and passionate individual who has found his calling in the world of cryptocurrency. Despite not starting in the digital asset industry, Opeyemi quickly became enamored with the complexities of blockchain technology. For over two years, he has delved into the world of cryptocurrencies with
In a recent analysis provided by crypto analyst Zen, different scenarios for the Bitcoin price in July were outlined. The disappointing performance of Bitcoin in June, where the cryptocurrency saw a noticeable decline in price, has left many investors concerned. Despite the current unfavorable market conditions, Zen has identified key liquidity pools that could impact
