Bitcoin (BTC) has continued its relief rally since the start of the week, successfully reclaiming the significant $93,000 mark on Wednesday afternoon. This uptick in the cryptocurrency’s price has sparked mixed sentiments among experts regarding its future direction. Analysts Warn Of Resistance Ahead For Bitcoin IG analyst Chris Beauchamp highlighted the cautious optimism among Bitcoin…
Bitcoin price started a fresh increase above $92,000. BTC is now testing the key barrier at $94,000 and might attempt an upside break. Bitcoin started a fresh increase above the $92,000 zone. The price is trading above $91,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at…
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 Federal Reserve has officially brought its multi-year quantitative tightening program to a close, freezing its balance sheet at about $6.57 trillion after draining more than $2.3 trillion from the system since 2022. The Federal Reserve’s decision to formally end quantitative tightening has created a sense of anticipation across the crypto market. Liquidity inflows have…
Crypto analyst Tony Severino has revealed a historical bearish pattern that could send the Bitcoin price to as low as $42,000. This bearish outlook for BTC comes amid a rebound for the flagship crypto, with a recent surge above the psychological $90,000 level. Bitcoin Price Risks 50% Drop To $42,000 Based On This Pattern In…
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…
Despite a 9% recovery on Tuesday, Bitcoin (BTC) has experienced considerable volatility, with its price plummeting to as low as $84,000 just 24 hours ago. This downturn has had a significant impact on Strategy (previously MicroStrategy) the public company that holds the largest BTC reserves, currently boasting over 650,000 coins. Strategy T-Rex ETFs Plummet Nearly 85%…
Bitcoin (BTC) began the week dropping nearly 10% from the recent highs and retesting the $84,000 area before bouncing. As price risks more downside with early bear market signals, a market observer suggested that the upcoming weeks will be crucial for BTC’s future path. Related Reading Bitcoin Holds Key Weekly Range Last week, Bitcoin led…
Bitcoin continues to trade below $90,000, struggling to recover after several days of heavy selling and aggressive long liquidations. Sellers keep pushing price lower, and bulls fail to reclaim momentum, creating a market environment filled with uncertainty and fear. Every attempt to bounce meets immediate resistance, showing how much control bears currently hold. Related Reading…
Bitcoin price started a fresh increase above $90,000. BTC is now testing the key barrier at $93,000 and might attempt an upside break. Bitcoin started a fresh increase above the $90,000 zone. The price is trading above $90,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at…