Day: November 28, 2024

Bitcoin Price Bounces Back: Will the Climb Continue?

boss

Bitcoin price is recovering higher above the $94,000 level. BTC is consolidating and aims for a fresh increase above the $97,000 level. Bitcoin started a fresh increase from the $91,000 zone. The price is trading above $95,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $95,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $97,000 resistance zone. Bitcoin Price Recovers Losses Bitcoin price found support near…

Bitcoin Sentiment Cools Down From Extreme Greed: Can Rally Restart Now?

boss

Este artículo también está disponible en español. On-chain data shows the Bitcoin Fear & Greed Index has cooled down from extreme greed, a sign that may be positive for BTC’s price. Bitcoin Fear & Greed Index Is Pointing At ‘Greed’ Again The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors in the Bitcoin and wider cryptocurrency markets. This metric uses a scale from zero to a hundred to represent its value. All values greater than 53 imply the…

Vancouver mayor plans to make the city friendly for Bitcoin

boss

The massive adoption of Bitcoin has spread, and even the city mayor is now aspiring to make a Bitcoin-friendly city in the nation. Vancouver City Mayor Ken Sim, on the city meeting council on Nov. 26, plans to make the major city in Western Canada as a friendly city for Bitcoin. Through this plan, Ken may not have created a Bitcoin reserve as the U.S. did, but he wanted to make Bitcoin a diversified asset for the city of Vancouver. Simply put, it’s adding Bitcoin into their investment portfolio and…

From Pennies to Properties: The Untold Story of Crypto’s Impact on Homeownership

Recent analysis from the Office of Financial Research (OFR) reveals that increased household exposure to cryptocurrency is reshaping financial behaviors, particularly in debt accumulation. OFR Report Reveals the Growing Influence of Crypto Assets on Household Debt Between 2020 and 2021, the proportion of U.S. households reporting taxable cryptocurrency events tripled. This growth highlights the intersection […] Source CryptoX Portal

Pundit Reveals $2.2-$3.46 Macro Target For Dogecoin Price As Wave 3 Continues

boss

Este artículo también está disponible en español. A crypto pundit has suggested that the Dogecoin price rally is far from over, forecasting mid-term targets between $2.2 and $3.46 for the dog-themed meme coin. According to his detailed price chart, Dogecoin is currently in wave 3 of the Elliott Wave Theory and set for a significant price surge.  Analyst Predicts Dogecoin Price Macro Target Hov, a crypto analyst on X (formerly Twitter), has discussed Dogecoin‘s future price movements based on the Elliott Wave Theory and its current price action. The analyst…