Over the years, a number of indicators have emerged that have often helped to pinpoint the Bitcoin bull market peak. These indicators have been triggered in previous cycles, and their triggers have often been a signal that it was time to get out of the market, as a new bear market is underway. However, this…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
The US stock market has just achieved a historic milestone, closing at its highest weekly levels ever recorded. The S&P 500 finished the week at 6,791.68 while the US 100 Index reached 25,358.15, both setting new all-time highs. Easing inflation data, strong corporate earnings, and expectations of Federal Reserve rate cuts have all combined to…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…
There have been different ways that market analysts have tried to predict the direction that the Bitcoin price could be headed next. Many have turned to technical analysis, reading chart formations and patterns in a bid to pinpoint the next move. Others turn to market sentiment, using social commentary in a bid to determine what…
The Bitcoin price has recently experienced a significant uptick in volatility, positively impacting its performance as it recovered to $110,000 after opening the week at $107,000. Despite this, Bitcoin’s struggle to maintain momentum near all-time high levels, combined with increasing selling pressure over the past month, has led some to speculate that the current bull…
In one of the most striking moments of this cycle, gold has lost trillions in market capitalization, a drawdown larger than the entire value of Bitcoin itself. The metal that once symbolized stability is now showing cracks, while BTC, the asset branded as volatile, has remained remarkably resilient. What It Means For Bitcoin Next Market…
The Bitcoin supply in profit has seen a sharp decline amid the latest crypto market crash. This has raised concerns that BTC could suffer a further crash, as holders who are in the red may move to offload their coins. Bitcoin Supply In Profit Drops Amid Market Crash On-chain analytics platform Glassnode revealed in a…
Bitcoin hovered near the mid-$100,000s on Thursday, Oct. 23, as Standard Chartered’s global head of digital assets research Geoffrey Kendrick warned that a move below $100,000 by this weekend “seems inevitable”—while adding that any break could be fleeting the last last time bitcoin is ever below six figures. The remarks, delivered in a mid-week client…
According to comments from the creator of the stock-to-flow model, the familiar four-year cycle tied to Bitcoin halvings may no longer be a sure guide for traders. Related Reading The analyst — known as PlanB — warned that using just three past cycles to predict future tops is risky, and he said the next peak…