If this happens then the price of Bitcoin will soon reach $86,000

Bitcoin will soon reach 86,000

The digital currency world has been surprisingly tranquil over the last 24 hours, despite the wild ride of Bitcoin’s value as it hovers near the bottom of a bullish flag formation. Zooming in, the battle between Bitcoin and the US dollar has been fierce, with the former struggling to break through the formidable $67,200 barrier. … Read more

CryptoQuant: Bitcoin Traders Pause Leveraged Bets Amid Market Uncertainty

CryptoQuant Bitcoin Traders Pause Leveraged Bets Amid Market Uncertainty

Bitcoin’s Funding Rate Plummets to Record Low, Signaling Potential Market Shift According to CryptoQuant’s data, the perpetual futures market is experiencing a concerning trend – traders are paying a negative rate to open new long positions. This highlights a decrease in demand for Bitcoin, which is a stark contrast to the record-breaking demand seen in … Read more

Bitcoin down: Is the bull run over?

Bitcoin-down-Is-the-bull-run-over

The highly coveted Bitcoin (BTC) is currently teetering above the $70,000 mark on this fine Tuesday morning. But hold on tight, as experts predict a possible plunge in the next few hours. Is this the demise of the current bullish trend? At the time of writing, the ever-fluctuating Bitcoin market stands at an impressive $70,724 … Read more

Bitcoin strengthens amid heavy accumulation by spot ETF issuers

Bitcoin strengthens amid heavy accumulation by spot ETF issuers

Bitcoin holds its ground in the tumultuous world of trading, with traders eagerly anticipating a surge towards record-breaking highs. However, the coin is facing fierce opposition, as the elusive $71,600 mark continues to elude even the most optimistic of bulls. Despite this challenge, the upward trend persists, with buyers fearlessly absorbing any selling pressure thrown … Read more

Bitcoin Stabilizes at $70,000 but Could Get Closer to Halving Bullishly

Bitcoin Stabilizes at 70,000 but Could Get Closer to Halving Bullishly

Bitcoin stands strong at $70,004 (BTC/USD) in the ever-changing market, showing only a slight dip of 0.92% since Tuesday. The digital currency seems to have hit a new obstacle, with this price point proving to be a tough nut to crack during yesterday’s trading as well. Potential investors may be claiming they’ll sell at a … Read more

Bitcoin Price Alert: Essential Updates for Traders Today

Bitcoin Price Alert Essential Updates for Traders Today

Bitcoin (BTC) is on the edge of breaking the $70,000 barrier, with its current trading price at $69,800. Despite a slight 1.7% dip in the last 24 hours, all eyes are on this digital currency as investors flock towards US spot Bitcoin ETFs. Spot Bitcoin ETF Inflows Surge, Led by Major Players The ETF landscape … Read more

Bitcoin (BTC) crosses $70,000 as new economic data arrives

Bitcoin (BTC) crosses 70,000 as new economic data arrives

Bitcoin (BTC) is soaring to new heights, surpassing the $70,000 mark and continuing its steady climb with a 5.47% increase this Tuesday morning. The highly anticipated Bitcoin has skyrocketed to a whopping $70,818 (BTC/USD) at this very moment, breaking free from a week-long slump below the $70,000 mark. After enduring a bearish trend for over … Read more

Bitcoin price softens – support found at $65,000

Bitcoin price softens – support found at 65,000

Amidst the thrilling rollercoaster of ups and downs, Bitcoin has settled into a sideways trend after a tumultuous Tuesday and Wednesday. With a solid support at $65,000, the big question is: will the next move be a bullish surge or a bearish dip?” “Bitcoin ETFs see a dip in inflows, causing a temporary halt in … Read more

Bitcoin (BTC) correction speed up, Will it continue?

Bitcoin (BTC) correction speed up, Will it continue

“Bitcoin Takes a Dive: A 6% Drop on Tuesday Sparks Concerns for the Crypto Market’s Future. Can the Bull Run Survive This Correction?” “Monday marked a historic day for the Grayscale Bitcoin ETF (GBTC) as a staggering $640 million worth of $BTC was sold, setting a record for the highest outflow in the ETF’s history. … Read more

Bitcoin (BTC) Volatile: What’s Next —Will Sellers Take Over?

Bitcoin (BTC) Volatile What's Next —Will Sellers Take Over

“Amidst the ever-changing world of cryptocurrency, the coin has made a 3% leap in the past 24 hours, but has taken a 6% dip over the course of the week. With a market cap holding strong at $1.3 trillion, buyers seem to have the upper hand in this top-down market. However, caution must be taken … Read more