Coinbase Analysts Warn: Bitcoin’s Upward Trend Could Hit a Wall — Here’s Why

Bitcoin chart shared by Peter Brandt on X

As Bitcoin is experiencing an uptrend in worth rising by 12.6% prior to now week to commerce above $66,000, analysts at Coinbase in a Friday report have disclosed potential limitations to its upward trajectory as a result of “rising promote orders” on the trade. In line with the report, the latest appreciation in Bitcoin’s worth … Read more

Here Are The Key Drivers of the Current Rally

German government balance.

Bitcoin value has rallied above the $64,000 mark. Glassnode, a market intelligence platform, has analyzed this notable improve, which attributes the present value motion to a big easing of sell-side strain, significantly from the German authorities. Exhaustion of Promote-Aspect Stress In line with the on-chain knowledge offered by Glassnode, the latest uptick in Bitcoin’s value … Read more

Are They Predicting a Mega Rally?

Are They Predicting a Mega Rally?

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content material author, journalist, and aspiring dealer, Edyme is as versatile as they arrive. With a knack for phrases and a nostril for tendencies, he has penned items for quite a few business participant, together with AMBCrypto, Blockchain.Information, and Blockchain Reporter, amongst others. Edyme’s foray into the … Read more

Is Bitcoin Undervalued Now? Expert Decodes The Market State

Volatility-adjusted power law index

On Saturday, Bitcoin skilled a strong rally, climbing above $58,250. Regardless of this upward motion, it was unable to maintain the momentum and shut above the 200-day Exponential Shifting Common (EMA). This led to the formation of a bearish engulfing candlestick sample on Sunday, signaling potential draw back momentum. At the moment, Bitcoin is buying … Read more

Bitcoin Reclaims $56k But Still Faces Potential Drop to $47K, Analyst Reveals Why

Bitcoin has just lately exhibited resilience that has shocked many market spectators. Following a dismal drop to a 24-hour low of $53,898, Bitcoin clawed its method again above the $56,000 mark, up 1.6% up to now hour. This rebound has been catalyzed by the most recent US NFP report revealing a surge within the unemployment … Read more

Bitcoin Nears Bottom? QCP Analysts Spot Signs of Capitulation as Prices Tumble Below $58K

Current buying and selling patterns have led QCP Capital, a distinguished buying and selling agency, to focus on potential indicators of a market backside within the crypto market. Bitcoin, the main digital foreign money, just lately dipped under $58,000, inflicting analysts to concentrate on the habits of miners and their potential capitulation. Such capitulation might … Read more

Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge

Here Is Why Bitcoin Might Just Be Gearing Up For a 200% Surge

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content material author, journalist, and aspiring dealer, Edyme is as versatile as they arrive. With a knack for phrases and a nostril for traits, he has penned items for quite a few trade participant, together with AMBCrypto, Blockchain.Information, and Blockchain Reporter, amongst others. Edyme’s foray into the … Read more

Market Analysts Eye July for Potential Big Wins in Bitcoin and Ethereum — Here’s Why

Market Analysts Eye July for Potential Big Wins in Bitcoin and Ethereum — Here’s Why

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content material author, journalist, and aspiring dealer, Edyme is as versatile as they arrive. With a knack for phrases and a nostril for tendencies, he has penned items for quite a few business participant, together with AMBCrypto, Blockchain.Information, and Blockchain Reporter, amongst others. Edyme’s foray into the … Read more

$10 Billion in Bitcoin Dumped in May Alone, What Does This Signal?

$10 Billion in Bitcoin Dumped in May Alone, What Does This Signal?

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content material author, journalist, and aspiring dealer, Edyme is as versatile as they arrive. With a knack for phrases and a nostril for traits, he has penned items for quite a few business participant, together with AMBCrypto, Blockchain.Information, and Blockchain Reporter, amongst others. Edyme’s foray into the … Read more

Bitcoin Bulls Beware: ‘Bears Are Still In Control,’ Says Top Analyst

Bitcoin Bulls Beware: 'Bears Are Still In Control,' Says Top Analyst

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content material author, journalist, and aspiring dealer, Edyme is as versatile as they arrive. With a knack for phrases and a nostril for tendencies, he has penned items for quite a few trade participant, together with AMBCrypto, Blockchain.Information, and Blockchain Reporter, amongst others. Edyme’s foray into the … Read more