Key Bitcoin price support levels are seen at $112,800 and $112,000, backed by the 23.6% Fibonacci retracement and 50-day EMA. Jerome Powell is likely to keep his cards closed on…
Browsing: Bitcoin price analysis
Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) recorded the highest liquidation in the crypto market after the US PPI’s data neutralized the market impact of the CPI report. An analyst…
Four key events in the US, namely: Consumer Price Index, Producer Price Index, Initial Jobless Claims, and Retail Sales, could significantly impact the price of Bitcoin (BTC) this week. Experts…
Bitcoin (BTC) struggles to recapture a crucial resistance level as major market indicators suggest another pullback to $105k. BitMine’s Tom Lee and Standard Chartered analysts, however, maintain their prediction that…
Bitcoin (BTC) could decline to around $107,000 and $109,000 in the near term. Over $9.4 billion worth of assets have been moved to centralized exchanges. An analyst has observed that…
BlackRock’s iShares Bitcoin Trust (IBIT) has just crossed 700k BTC, strengthening its dominance within the US spot Exchange Traded Funds (ETF) ecosystem. An analyst has predicted that the bull market…
With $3 billion Bitcoin (BTC) options expiry looming, analysts have predicted that the asset faces a downside risk as the “Max Pain” lies at $106k, below the current price. Analysts…
Bitget has disclosed its plans to meet the rising demand for Bitcoin with the introduction of a crypto-backed payment card. Bitget CEO earlier disclosed in an interview with CNF that…
Glassnode warns of potential demand exhaustion and profit-taking for Bitcoin, similar to past cycles where high profitability preceded price corrections. Analysts remain bullish on BTC, with predictions of a breakout…
Bitcoin (BTC), Ethereum (ETH), and XRP have made unexpected declines below crucial support levels amidst the rising tension between Israel and Iran. Bitcoin is expected to extend its bearish run…
Bitcoin (BTC) is expected to disappoint in the third quarter of the year as historical data shows an average return of 6%. However, Ethereum (ETH) could move in the opposite…
Bitcoin (BTC) makes an impressive run into $110k following the rising Institutional interest and dropping centralised exchange reserves. An analyst has predicted that the asset could peak at $150k this…
Bitcoin (BTC) has been predicted to stage a bullish reversal to a new high as its MACD shows a bullish crossover. Analysts believe that this could be fueled by the…
Bitcoin (BTC) has been rejected by the overbought level on the Relative Strength Index (RSI) chart, suggesting a possible dip below the $106k support level. Ethereum (ETH) has also been…
Bitcoin (BTC) has been predicted to extend its run to $120k before any possible pullback as its Relative Strength Index flags rising momentum. Ethereum (XRP) is also reported to be…
Bitcoin (BTC) has been predicted to break away from the current market trend to hit a new all-time high; failure to move could see the asset decline to $100k. Ethereum…
Bitcoin (BTC), XRP, and Ethereum (ETH) are on the verge of a breakdown as their Relative Strength Index (RSI) shows weakening momentum. XRP, which is currently receding to a crucial…
Scientists recently produced synthetic gold after successfully crashing beams of lead ions into each other; analysts say this could be a win for Bitcoin (BTC). An analyst has pointed out…
Bitcoin (BTC) is reported to have become bearish as analysts tip the asset to fall below the $99k level. Analysts have also disclosed that three factors – weakening momentum, macroeconomic…
Bitcoin (BTC) and gold are expected to be the biggest winners in the recent downgrade of US ratings from triple A to Aa1 by Moody’s. Analysts have observed a growing…