Tag: Price

AI Bitcoin Price Model Says BTC Will Stay Rangebound in October

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Bitcoin (BTC) starts its first full week of “Uptober” fresh from a new all-time high. What lies in store for BTC price action next? Bitcoin snags a new record over the weekend, but traders expect some consolidation before heading toward $150,000. BTC price support retest targets focus on $118,000 and above. Classic bull-market gains may take longer to become reality, says an AI-based BTC price prediction tool. Macroeconomic cues are expected to come from Federal Reserve officials this week amid the ongoing US government shutdown. Crypto market sentiment just avoids…

Ether Whale Opens $68M Long as ETH Price Eyes $5K

Key Notes Ethereum retests key resistance at $4,600 as whales show strong buying activity. A whale recently opened a 15x leveraged long position on ETH worth $68 million. Technicals hint at a potential breakout if ETH closes above $4,650. Ethereum ETH $4 565 24h volatility: 0.6% Market cap: $550.76 B Vol. 24h: $31.51 B is once again testing the crucial $4,600 resistance level after an active trading week. At press time, ETH is trading at around $4,565, nearly flat over the last 24 hours but showing a 16% surge in…

Bitcoin’s 2021 Playbook Shows The Final Price Target For This Bull Cycle

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While the Bitcoin price seems to have deviated completely from the four-year cycle that dictated the previous bull and bear markets, there are still some similarities that remain that suggest that it could still play out in a similar way. The major similarity that has emerged is the formation of a bearish crab pattern back in 2021, and now, the same pattern has reappeared. Thus, taking a look at the direction of the 2021 formation could give an insight into where the Bitcoin price is headed next from here. The Pattern…

XRP Price Pauses After Rally – Can Bulls Hold Ground For Another Push?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Bitcoin hits all-time high as ETFs drive price despite treasury buys

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While Bitcoin treasury companies accumulated $1.2 billion in BTC last week, analysts suggest that Bitcoin’s new all-time high was more likely driven by inflows into Bitcoin exchange-traded funds. Bitcoin went on to spike coming into the weekend, hitting a new all-time high of over $125,000 on Saturday.  Bitcoin (BTC) treasury companies purchased more than 6,702 coins over the week, led by Japanese investment firm Metaplanet, which added 5,258 Bitcoin on Oct. 1. In comparison, spot Bitcoin ETFs recorded a net inflow of $3.24 billion last week, nearly matching their record…

Ethereum Price Faces Pause – Will Bulls Use This Dip To Fuel Next Rally?

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Ethereum price started a steady increase above $4,500. ETH is now consolidating and might aim for more gains if it clears the $4,620 resistance. Ethereum remained stable above $4,450 and started a recovery wave. The price is trading above $4,500 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $4,490 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above $4,550 and $4,620. Ethereum Price Gains Over 5% Ethereum price remained…

XRP Price Moves into $5 Breakout Range as Community Speculates on Ripple National Bank

Key Notes XRP price rises above $3 as traders anticipate upside from Ripple’s OCC banking license application. Derivatives data show $8.9 billion open interest, signaling renewed institutional speculation despite weekend liquidity. Chart indicators reveal XRP entering a critical $3.10-$3.15 resistance zone, with potential for a $5 breakout in Q4. . The XRP price moved above $3 on Sunday, October 5, and held steady around its five-day average. Despite a modest 2% rise, XRP appeared to underperform Bitcoin and Ethereum, which rallied over 3% as BTC set fresh all-time highs. This…

99% Of Bitcoin Supply In Profit – What This Means For Price

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Bitcoin’s price gain in the last week has resulted in multiple other positive developments, ranging from a surge in ETF inflows to a bullish change in option trading calls, all signifying a renewed market confidence. In particular, over 99% of Bitcoin’s circulating supply is now held at an unrealized profit, a milestone that underscores the market’s strength. However, historical trends suggest that such conditions often precede a major price correction. Bitcoin May Be Headed For 10% Correction – Analyst In an X post on October 4, market analyst Ted Pillows shares…

Bitcoin Price Sets New All-Time High: Is $150K Next?

Key Notes Bitcoin price hits new all-time high above $125,500 as ETF inflows exceed $3.2 billion in one week. CryptoQuant’s Coinbase Premium Index remains positive for 30 consecutive days, signaling persistent institutional accumulation. Analysts predict that BTC could test $150,000 if bullish momentum holds after nine consecutive green days. Bitcoin price advanced to fresh all-time highs of $125,580 on Sunday, October 5, propelled by a five-day buying frenzy that drew $3.2 billion in inflows from Bitcoin ETFs last week. On-chain data shows the Coinbase Premium Index has trended positive for…

Ethereum Price Beats 14-Day Resistance Despite 1,000 ETH Insider Sell-Off

Key Notes Ethereum price breaks above $4,600 for the first time in two weeks despite insider sell-off by Ethereum Foundation. Derivatives market shows new speculative long positions building as open interest rises 1.7% amid flat weekend trading volume. Institutional inflows remain strong, with ETH ETF logging five consecutive days of net gains and Bitmine’s treasury holdings crossing 2.65 million ETH. Ethereum price rose 1.4% on Sunday, October 5, breaking above $4,600 for the first time in two weeks. Derivatives market data shows ETH attracting fresh long bets, even after the…