Bitcoin (BTC) is gaining momentum as it rebounds from key multi-year support levels, eyeing a potential surge toward $80,000 amid institutional inflows and market consolidation. The cryptocurrency’s recovery follows recent lows near $68,000, with BTC showing steady buying pressure along an ascending trendline. Analysts note that both technical indicators and ETF-linked inflows, particularly from the…
Bitcoin’s foray above $70,000, while encouraging, has not really done much to quell the expectations that this is only the start of the bear market. A number of analysts continue to warn investors that this might only be a temporary relief, with the real crash on the way. One of these analysts is HAMED_AZ, who…
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Bitcoin (BTC) has briefly surpassed the critical resistance level of $74,000, generating renewed optimism among investors as key market indicators suggest the potential for a bottom and further recovery for the leading cryptocurrency. A Potential Surge To $108,000 Market analyst Ali Martinez drew attention to a significant development in a social media post on Monday,…
Bitcoin price started a strong increase above the $75,000 zone. BTC is now consolidating and might aim for more gains if it clears $76,000. Bitcoin started a decent upward move above the $74,000 zone. The price is trading above $74,200 and the 100 hourly simple moving average. There is a bullish trend line forming with…
A short message from Michael Saylor has once again stirred speculation that Strategy could be preparing another large Bitcoin purchase. Related Reading The company’s executive chairman posted a chart on X showing the firm’s Bitcoin accumulation history alongside the phrase “stretch the orange dots.” Market watchers quickly linked the message to the company’s well-known buying…
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…
Shiba Inu (SHIB) has experienced a sudden increase in futures net flows, skyrocketing more than 1,549% in one day. The spike comes amid broader market volatility and negative sentiment, which has pushed SHIB’s price to record lows. Despite the ongoing downtrend, the recent increase in net flows signals growing activity among derivative traders. Additionally, this…
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…
Veteran trader Peter Brandt sparked a fresh round of chart debate around Bitcoin after posting a chart and writing, “The Banana is splitting. This is a Horn. Richard W. Schabacker wrote about this in his 1934 book.” For market participants used to Brandt’s shorthand, the message pointed to a possible shift in how he is…