Tag: Bitcoin

Bitcoin MVRV Hits Critical Threshold For Profit Taking – What Does This Mean?

boss

Bitcoin recorded another remarkable price performance in the past week, gaining by 19.16% according to data from CoinMarketCap. The crypto market leader established a new all-time high at $93,434 on Wednesday, as odds of achieving a six-figure market price by year’s end are now higher than before.  Amidst the current market euphoria, CryptoQuant analyst Amr Taha has shared some market insights that may indicate an impending price fall. Bitcoin Enters Profit-Taking Zone – Sell Or HODL? In a Quicktake post on Friday, Amr Taha stated many investors may be preparing…

Bitcoin Surges Past $93,000 – Can A Breakthrough Unlock New Heights?

boss

Este artículo también está disponible en español. Bitcoin is on the move again, surging toward its previous high of $93,257 with renewed momentum that has triggered excitement among traders. After a period of consolidation, Bitcoin’s latest price action signals a potential breakout that could set the stage for even greater gains. As it inches closer to this critical resistance level, can the crypto giant break through and unlock new heights, or will the bears reclaim control? With the market’s eyes fixed on this pivotal moment, the next move could reshape…

3 promising cryptos ready to soar if Bitcoin hits $100k by year-end

boss

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin nears record highs, altcoins like XYZVerse, the all-sport memecoin, could see exponential growth in a surging market. As Bitcoin edges closer to a potential record high, the spotlight shifts to lesser-known cryptocurrencies that could experience remarkable surges. Experts suggest that if Bitcoin reaches the coveted six-figure mark by year’s end, certain altcoins might deliver exponential returns. Investors are keenly observing these digital assets, anticipating significant gains amid…

Bitcoin Price Could Soon Break $100,000, Blockchain Firm Explains How

boss

Este artículo también está disponible en español. The Bitcoin price continued its red-hot form over the past week, printing successive all-time highs in less than five days. While Donald Trump’s success at the United States elections might have kickstarted the recent rally, the growth of the premier cryptocurrency — and the general crypto market — seems to have developed a life of its own.Interestingly, the market has been left wondering where the next market top is, with some pundits and commentators believing that the BTC price rally has come to…

Bitcoin NVT Golden Cross Signals ‘Local Bottom’ — What’s Next?

boss

According to the latest on-chain data, the Bitcoin Network Value to Transactions (NVT) Golden Cross has fallen into a crucial region. What could this mean for the price of the premier cryptocurrency? What Does The Falling NVT Golden Cross Mean For Price? In a recent Quicktake post on the CryptoQuant platform, an analyst with the pseudonym Burakkesmeci revealed that the price of Bitcoin might have reached a “local bottom.” This exciting prognosis is based on the latest movement by the “NVT Golden Cross” metric. For context, the “Network Value to…

As Bitcoin Rises, Why is Ethereum Struggling To Catch Up? Analyst Explains

boss

Este artículo también está disponible en español. While Bitcoin has faced strong bullish momentum in recent weeks, achieving new all-time highs consistently for days, Ethereum has been an underperformer, unable to catch up with BTC’s bullish pace. Even compared to other crypto assets (altcoins) in the market, Ethereum has failed to make a major rally that melts faces. Instead, as Bitcoin achieved a peak above $93,000, leading the overall crypto market in a bullish market, Ethereum has only been able to surge to just $3,396 over the same period BTC…

Bitcoin Exchange Reserves Hit 5-Year Low—What Does This Signal?

boss

The Bitcoin market appears to have taken an intriguing turn as the asset’s reserves on centralized exchanges have hit the lowest levels since November 2018. This development, highlighted by a CryptoQuant analyst known as G a a h, points out a notable change in BTC’s investor behavior within the crypto space and also suggests quite an interesting trend for Bitcoin. Bitcoin Reserves On Exchanges Reach Five-Year Low According to the analyst, Bitcoin reserves on exchanges have diminished significantly throughout 2024, reflecting a shift towards long-term holding strategies among market participants.…

Bitcoin To $800K? Galaxy Digital CEO Unveils 5-10 Year Forecast

boss

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Analyst Says Bitcoin Has Entered The ‘Thrill’ Phase, Here’s What To Expect Next

boss

Este artículo también está disponible en español. Crypto analyst Ash Crypto has revealed that Bitcoin has entered the ‘thrill’ phase. The analyst further explained what to expect from the flagship crypto moving forward, having entered this phase of the bull run.  What To Expect From Bitcoin In ‘Thrill’ Phase In an X post, Ash Crypto revealed that Bitcoin is entering the thrill phase. Based on this, he told market participants to expect high volatility and more liquidation. Overall, the analyst remarked that the Bitcoin price trend will be to the…