A recent claim that the Bitcoin price could surge to $220,000 in just 45 days has drawn sharp criticism from a financial strategist. The analyst frames such ambitious forecasts as unrealistic and highly speculative. Considering the recent decline in the BTC market, if the projection is taken at face value without supporting data, it overlooks…
Bitcoin fell sharply in recent days, and veteran holders barely blinked while many newer investors showed clear signs of panic. Related Reading According to crypto commentator Anthony Pompliano, drops of 30% or more are part of Bitcoin’s history — they have happened 21 times over the last decade and tend to occur about once every…
Bitcoin’s three-year advance may be rolling over, according to Chartered Market Technician Tony Severino, who argues that BTC has now completed a “triple bearish divergence” on higher timeframes – a structure he characterises as the trend “dying under the hood” even as price printed fresh highs. Bitcoin Has Hit A Triple Bearish Divergence In a…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Bitcoin (BTC) is undergoing one of the most challenging periods of the year, with prices retracting nearly 30% from its all-time high of $126,000 reached last month. This decline has raised concerns about a potential bear market, fueling fears within the cryptocurrency community and among BTC investors. Despite this, a new AI-driven simulation by Bitcoin…
As Bitcoin (BTC) attempts to reclaim the $88,000 area, some market observers believe that the recent lows marked the bottom, and a price recovery rally is underway. Nonetheless, other analysts have warned that the flagship crypto’s November pain could continue if the current levels don’t hold. Related Reading Bitcoin Finds Local Support On Monday, Bitcoin…
The recent downturn in the crypto market, which saw total valuations plummet from an all-time high of nearly $4.3 trillion to below the $3 trillion mark, has severely impacted many investors. Among those affected is the Trump family, whose wealth reportedly decreased by $1 billion over the past month, according to Bloomberg. Their current net…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Strategy, formerly known as MicroStrategy, the largest public holder of Bitcoin (BTC), finds itself at the center of a stormy controversy involving JPMorgan as Bitcoin prices continue to struggle. With signs of a potential bear market emerging, fresh rumors suggest that one of the world’s largest banks allegedly holds a significant short position on Strategy’s…
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…