Tag: Bitcoin

Bitcoin $90K Level Is Crucial For Bulls – Price Could Tag $79K If BTC Loses It

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Este artículo también está disponible en español. Bitcoin has found itself in a challenging position, struggling to reclaim the coveted $100,000 mark after a rapid shift in market sentiment. Just weeks ago, optimism dominated the landscape, with prices surging toward new heights. However, the narrative has taken a sharp turn, as fear now grips the market following a sudden correction. Related Reading Currently trading below $100K, Bitcoin’s price action reflects increased uncertainty among investors. Top analyst Axel Adler recently shared his insights on X, emphasizing the significance of the $90,000…

Bitcoin Price Enters Correction Phase On Its Path To Explode Above $110,000

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Este artículo también está disponible en español. The Bitcoin price  is still in a correction phase under $100,000, as it is currently down by 1.93% in the past 24 hours. Nonetheless, crypto analyst Titan of Crypto is sure that the leading cryptocurrency is still maintaining its trajectory to the $110,000 mark. According to the analyst, Bitcoin at $110,000 is inevitable, although there remains the possibility of more price declines in the short term. Bitcoin Price $110,000 Path And Current Correction Phase Bitcoin fell short of the $110,000 mark when it…

Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Thursday’s rally was a welcome change after four consecutive days of total daily net outflows. Post Christmas Rally Snaps Four-Day ETF Exodus The Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21shares Bitcoin ETF (ARKB) on Thursday amassed $245 million and $187 million in daily net inflows respectively, as spot bitcoin exchange-traded funds (ETFs) saw […] Source CryptoX Portal

Bitcoin in trouble? Analysts warn of potential pullback to $60k

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With Bitcoin trading close to $95k after two weeks of declining prices, analysts are wary of a potential massive crash that could see the flagship asset drop to $60k. Bitcoin has dropped over 2.5% over the last 24 hours, with an intraday low of $95,134 yesterday. The fall in price extended its fortnight losses to 3.7%, with the asset’s market cap falling to $1.9 billion. While bulls are striving to defend the critical $95,000 support level, on-chain data and market analysts suggest a significantly higher probability of Bitcoin’s price plummeting…

Bitcoin Could Crash To $70,000, Warn Leading Financial Analysts

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Este artículo también está disponible en español. The recent rejection at the $100,000 has prompted a wave of warnings from leading financial analysts, who caution that Bitcoin could be poised for a significant pullback toward the $70,000 region or, in some cases, even $60,000. Ali Martinez (@ali_charts), a crypto analyst, compiled the viewpoints of several market veterans on X , offering a multi-perspective take on the likelihood of an impending correction. Bitcoin Price Crash Incoming? One of the voices in this discussion is Tone Vays, a well-known trader who has…

Bitcoin ETFs see strong rebound with $475.15m inflows

Spot Bitcoin exchange-traded funds in the United States recorded an inflow of $475.15 million on Dec. 26, ending its four day streak of outflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $475.15 million of inflows on Thursday following four straight days of outflows that saw over $1.5 billion leave the funds. Fidelity’s FBTC led the lot with inflows of $254.37 million followed by ARK 21Shares’ ARKB which attracted $186.94 million in inflows. BlackRock’s IBIT saw an inflow of $56.51 million while Grayscale Bitcoin Mini Trust and…

Bitwise files for ETF tracking companies holding over 1000 Bitcoin in treasury

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Bitwise has proposed a new exchange-traded fund that invests in publicly traded companies holding over 1000 BTC in their corporate treasuries. In a Dec. 26 regulatory filing, Bitwise said the Bitcoin Standard Corporations ETF will invest in equity securities of publicly traded firms that have adopted the “Bitcoin standard” by holding at least 1,000 Bitcoin (BTC) in their corporate treasuries.  These securities include “common stock, depositary receipts (both American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”), tracking stocks and other equity units. Such securities may be issued by U.S.…

Vivek Ramaswamy’s Strive Targets BTC Exposure With Bitcoin Bond ETF Proposal

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Strive Asset Management, co-founded by Republican Vivek Ramaswamy, has introduced a proposal for a ‘Bitcoin Bond’ exchange-traded fund (ETF). This fund aims to offer exposure to bitcoin (BTC) by investing in convertible securities, primarily from firms such as Microstrategy. Microstrategy and More: Strive Asset Management’s Bitcoin Bond ETF Embraces Crypto Giants The Bitcoin Bond ETF […] Original

Bitcoin Price Takes Another Hit: Bears Tighten Their Grip

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Bitcoin price failed to surpass $100,000 and corrected gains. BTC is back below $96,500 and might revisit the $93,200 support zone. Bitcoin started a fresh decline from the $99,400 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support at $98,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 support zone. Bitcoin Price Dips Again Bitcoin price started…