The time for optimistic predictions about the Bitcoin price reaching a new record is swiftly running out. Many analysts initially predicted that the market’s leading cryptocurrency would achieve a milestone of $200,000 this year. However, as time progresses, these forecasts are being adjusted, with some traders on crypto prediction platforms lowering their price targets. Despite…
USDT issuer Tether has added a significant amount of Bitcoin to close out the third quarter, a development that has caught the attention of the crypto community. Tether’s CEO, Paolo Ardoino, also confirmed this purchase, as the company ranks among the largest BTC treasury companies. Tether Adds 8,889 BTC To Bitcoin Holdings Arkham data shows…
Bitcoin is sitting at the “lowest amount of volatility of all time” on the monthly chart, and that historically precedes the cycle’s most forceful upside, according to crypto analyst Kevin (Kev Capital TA). In an October 1 video analysis, Kevin tied an all-time low in the Bollinger Bands Width (BBW) to a long-running pattern across…
Bitcoin blasted through $116,000 with a 3% daily gain even as the U.S. government officially entered shutdown, its first since 2018. The political stalemate over health-care funding has 750,000 federal workers on furlough and could cost about $400 million per day, yet risk assets shook off early nerves. Related Reading Crypto’s total market cap rose…
Bitcoin is now back trading above $115,000, but the recovery comes with a shadow that cannot be ignored. A new gap opened on the CME Bitcoin futures chart, and while the spot market has pushed higher since then, the presence of this gap opens up a bearish scenario. These gaps have a history of pulling…
Bitcoin (BTC), the leading cryptocurrency, has ignited a notable recovery in the broader cryptocurrency market, recording a 5% gain during Wednesday’s trading session to recover the $117,000 mark. This momentum has positively impacted major altcoins, including Ethereum (ETH), XRP, Solana (SOL), and Binance Coin (BNB), which have seen average increases of around 3% in what…
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Crypto analyst Trader Mayne is cautioning that Bitcoin may be setting up for a sharper drawdown before resuming its broader uptrend into year-end, arguing that a “$98,000 weekly liquidity level” sits uncollected below price and could be targeted early in October. Two Price Scenarios For Bitcoin In a video analysis posted on September 30 titled…
Bitcoin (BTC) continues to navigate a phase of consolidation, hovering just above $113,000, leaving investors uncertain about the BTC’s next move. This uncertainty has led one analyst, known for accurately predicting BTC’s trajectory during this cycle, to suggest that a new bear market may be closer than many investors anticipate. Bear Market Warning In a…
Bitcoin enters the final day of the quarter in a tight coil of technicals and macro catalysts, with traders fixated on a handful of levels that will likely set the tone for October. Ostium Research’s week-ahead outlook frames the setup as a fading “window of weakness” into a potential Q4 tailwind, but only if the…