Bitcoin jumps above $57,000, boosted by Bank of Japan Governor Shinichi Uchida’s statement about potentially pausing rate hikes if global market instability increases. Economist Peter Schiff criticized the Bank of…
Browsing: Bitcoin Price Recovery
Cryptoquant founder Ki Young Ju suggests a positive outlook for Bitcoin, with predictions that traditional financial institutions and governments will announce Bitcoin acquisitions in Q3 2024. Bitcoin’s price has rebounded…
The Bitcoin price is forming a cup-and-handle chart pattern suggesting a major breakout that could trigger a rally to $110,000. US lawmakers, including presidential candidate Robert F. Kennedy Jr. and…
CEO of CryptoQuant, Ki Young Ju, believes fears of Bitcoin sell pressure due to Mt. Gox are overestimated and will not disrupt the ongoing rally. Meanwhile, futures traders’ confidence has…
Despite efforts by Bitcoin whales to accumulate, on-chain metrics from CryptoQuant suggest potential downside risks for BTC. The profit and loss (P&L) index hovers near its 365-day moving average, a…
Analyst Rekt Capital identifies Bitcoin’s position in the final stage of the halving retrace, indicating an imminent uptrend resumption. The cryptocurrency’s current re-accumulation phase and whale accumulation activities further bolster…