Market expert Sam Daodu has released a new April outlook for Bitcoin (BTC), flagging geopolitical developments and macroeconomic forces as the decisive factors for where prices may go next. Daodu’s note comes after Bitcoin ran into resistance just above roughly $72,000 and amid a market environment that has produced the asset’s first consecutive quarterly losses…
Bitcoin is back above $70,000 after a bruising first quarter, but there are still questions as to whether the asset has already established its cycle low or is still moving through a bottoming phase. A technical indicator following one interesting Bitcoin metric is presently showing signs that the bottom may not yet be in. The…
Crypto markets are showing early signs that the worst may be over, following a prolonged decline that began with the industry’s sharp sell-off back in October of last year. In a new report shared on social media, technical analyst Ali Martinez says the market is now starting to form what he calls a structural floor.…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
The bitcoin price today continues to reflect a market in consolidation rather than decline, with both institutional flows and technical indicators suggesting cautious optimism. Recent activity in spot markets and the iShares Bitcoin Trust ETF (IBIT) has added momentum to short-term bitcoin price prediction models, particularly as the asset holds firm above key support zones.…
Bitcoin and Ethereum’s dominance is being directly challenged in a new outlook from Bloomberg Intelligence strategist Mike McGlone, who believes that an unexpected contender is positioning itself to overtake both. Tether USDT’s market cap is steadily closing in on Ethereum, and Mike McGlone thinks the stablecoin’s ascent is only getting started, while the two largest cryptocurrencies…
Bitcoin may have survived the worst of the shock, but the data says this is stabilization, not escape velocity. A Bitcoin Reset Underway? According to CryptoQuant, the current conditions suggest a reset is underway, with Bitcoin working through a broad deleveraging phase. Yet even as market stress eases, the top cryptocurrency still hasn’t carved out…
Crypto analyst Cupra has revealed that Bitcoin has printed a historical aggressive recovery setup, signaling that a rally to the upside may be on the horizon. The analyst predicted that BTC could rally to a new all-time high (ATH) of $150,000 as the next bull phase approaches. Bitcoin Prints One of the Most Aggressive Setups…
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging…
Bitcoin (BTC) could be preparing for another major bull rally as a Golden Cross has recently appeared on the cryptocurrency’s Inter-exchange Flow Pulse (IFP). A crypto analyst who explained the significance of this occurrence notes that the timeline of this Golden Cross aligns almost perfectly with past bull rallies. Based on this historical trend, the…