The Bitcoin (BTC) market continues to remain in consolidation following another trading week with no convincing price breakout. As multiple analysts continue to speculate on the asset’s next movement, prominent market expert Ali Martinez has identified two resistance zones that could be pivotal to reigniting a crypto bull run. Bitcoin Must Break Past $85,470 And $92,950 – Here’s Why Over the past month, Bitcoin has struggled to maintain a sustained uptrend, with investor uncertainty dominating the market. During this period, the leading cryptocurrency has faced multiple rejections, most notably at…
Tag: Bitcoins
Bitcoin’s Most Critical Support Level At $69,000 — Here’s Why
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Analyst Uncovers Clues—Is Bitcoin’s Historic Bull Cycle Finally Topping Out?
Bitcoin, the leading cryptocurrency, continues to exhibit uncertain momentum since hitting its all-time high above $109,000 in January 2024. Since then, the digital asset has experienced diminished bullish activity and steady downward pressure, reflected by its latest price of approximately $82,000, marking a marginal weekly drop of about 0.6%. Market Implications of Volume Ratio Trends Amid these market conditions, Crypto Dan, an analyst contributing to CryptoQuant’s QuickTake platform, has provided insights highlighting a notable market trend. According to Dan, Bitcoin’s trading volume over six to twelve months acts as an…
Bitcoin’s Safe, Saylor Says, While Trump Waves The Tariff Sword
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Michael Saylor, Executive Chairman of Strategy, pointed out that Bitcoin won’t face tariffs under US President Donald Trump’s new import tax plan. Saylor shared this view on X, telling…
American Bitcoin’s ambition is to dominate mining — Hut 8 CEO
Earlier this week, Bitcoin mining giant Hut 8 revealed a partnership that includes two members of the Trump family — Donald Jr. and Eric — and its plans to launch a new mining venture, American Bitcoin. In an exclusive interview on Decentralize with Cointelegraph’s Byte-Sized Insight series, Hut 8 CEO Asher Genoot shared new details about the venture’s vision, why the timing was right and how the company plans to scale. The right team and the right time “We’ve thought about splitting out our Bitcoin mining and energy infrastructure businesses…
Bitcoin’s Fate Hinges on This Critical ‘Dead Cross’ Signal — What’s Next for BTC?
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
Bitcoin’s $767M ETF Outflows and Crowd’s Shifting Excitement
Key Notes Spot BTC ETFs saw $767 million in net outflow in March. The crowd’s excitement proved to push the price in the opposite direction. Bitcoin ended its March win streak after four years. Bitcoin BTC $83 456 24h volatility: 1.5% Market cap: $1.66 T Vol. 24h: $23.98 B and the broader crypto market have struggled to keep up with social sentiment over the past month. Meanwhile, BTC-based spot exchange-traded funds (ETFs) in the US recorded their second-largest cumulative monthly outflow in March. The gradual decline in Bitcoin’s price started…
Experts: Gold’s Rise Doesn’t Undermine Bitcoin’s Digital Gold Status
Gold prices have surged to a new high of $3,117 per ounce, driven by trade war fears and central banks’ aggressive gold purchases. Some experts suggest that the rally in gold could be a precursor to an explosion in bitcoin acquisition. Goldman Sachs Raises Year-End Gold Price Forecast On the eve of what U.S. President […] Original
Warning Signs Emerge: Analysts Say Bitcoin’s Recent Rise May Have Been a Mirage
After showing signs of recovery last week, Bitcoin appears to have lost its upward momentum once again. The cryptocurrency was closing in on the $90,000 psychological level but has since reversed direction, falling by 6.4% over the past week to hover around $82,000 at the time of writing. This decline has placed renewed attention on market metrics that suggest the rally may have been short-lived. Amid this downward movement, several on-chain analysts have raised questions about whether recent price trends reflect real demand or speculative behavior. Particularly, insights from CryptoQuant…
Bitcoin’s Transaction Drought: Network Fees Hit 1 Satoshi per Transfer as Mempool Clears
According to current metrics, at around 6 p.m. ET on March 31, the Bitcoin blockchain experienced a curious decline in transactional throughput, with blocks failing to reach optimal capacity. Beginning at block 890,138, a sequence of more than a couple dozen blocks exhibited diminished size, deviating from the network’s typical operational rhythm. Where Have All […] Original