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Will This “Dry Powder” and Historical Trends Fuel A Price Boom?
While Bitcoin has dipped from its recent highs of around $74,000, some analysts are urging investors to stay calm and even see this as a buying opportunity. So far, Bitcoin […]
Are ETF Outflows An Issue?
On Tuesday, the crypto market was off guard when Cathie Wood’s ARK 21Shares spot Bitcoin ETF (ARKB) experienced a significant outflow. This marked the first time since the introduction of […]
Will BTC Fall To $53,600?
Bitcoin prices are volatile, recently dropping from the peak of over $73,000 in March to the current spot levels. Analysts are turning to historical data for insights with mounting selling […]
Asia’s Bitcoin Volatility Linked To Algos Tracking ETF Flows
Recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that monitor flows in US exchange-traded funds (ETFs). According to Bloomberg, this algorithmic trading response to […]
Bitcoin Price Tumbles Below $66,000: 4 Major Reasons
The Bitcoin market has witnessed a significant downturn, with prices plummeting below the $66,000 mark. This abrupt -5.6% price movement can be attributed to four major factors: a long liquidation […]
Hedge Fund Manager Predicts When Bitcoin Price Will Reach $150,000
Founder and Chief Executive Officer (CEO) of Morgan Creek Capital Management, Mark Yusko has predicted a massive price increase for Bitcoin during the 2024 bull cycle. Emphasizing Bitcoin’s immense potential, […]
Bitcoin Shark And Whales Spend Over $18 Billion To Buy BTC
Almost every Bitcoin investor is anticipating a continued price surge as the crypto continues to trade around the $70,000 price mark. On-chain data has shown a large part of this […]
Can This Bullish Chart Pattern Propel Bitcoin Price To $75,000?
The Bitcoin price has experienced a notable resurgence over the past week, drawing parallels to the optimism often associated with Holy Week among Christians. This renewed momentum has infused the […]
Wyckoff ‘SOS’ Could Catapult Bitcoin To $100,000: Fund Manager
Charles Edwards, founder of the Bitcoin and digital asset hedge fund Capriole Investments, published a detailed examination of Bitcoin’s current market phase suggesting a bullish trajectory, potentially reaching the $100,000 […]
The Road To $100,000: Bitcoin Whale Accumulation Explodes
Bitcoin reaching $100,000 remains a highly feasible target, especially given the fact that the price of the cryptocurrency hit a new all-time high above $73,00 ahead of the halving. In […]
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