BTCUSD Encounters an Impasse to its Rise BTCUSD encounters a significant obstacle around the $69,000 price threshold, marking a pivotal moment in its recent price action. Following a breakout from a prolonged bullish reversal flag formation on May 15th, BTC surged by over 12%, reaching the notable level of $72,000. However, the ascent was met […]
BTCUSD Bulls Push For Expansion Amidst Consolidation Phase BTCUSD bulls aim to break through the $72,090 key level. The cryptocurrency market has been on edge, with buyers striving to attain a breakthrough at the $72,090 significant level. This level has been a strong resistance for buyers to penetrate. For the past few months, Bitcoin has […]
The transition from market consolidation to re-accumulation is clear from the behavior of Bitcoin ETFs and the significant drop in exchange reserves. Bitfinex analysts have observed on-chain dynamics indicating that the crypto market’s correction phase has concluded, and investors have entered a re-accumulation phase, typically preceding rallies.The latest Bitfinex Alpha report shows that crypto investors […]
BTCUSD Continues Market Accumulation Bitcoin (BTCUSD) continues in a phase of market consolidation, oscillating between key levels with $66,900 serving as the support and $72,000 as the resistance. This consolidation follows a period of price accumulation characterized by a descending flag pattern, which matured into a breakout over two months from March to May. BTCUSD […]
Bitcoin, the world’s largest cryptocurrency, could skyrocket to an incredible $500,000 per coin, according to billionaire investor Chamath Palihapitiya. This bold prediction comes as Bitcoin continues to gain momentum following its recent halving event in April. So what exactly is a Bitcoin halving and why does it matter? Basically, about every 4 years, the amount […]
Peter Brandt forecasts a Bitcoin rally to $150,000 amid a bullish cycle that warns of a near-term decline. Renowned trader Peter Brandt has forecast that BTC might climb to $150000.00 during this current bullish market phase. 🚀 Bitcoin’s post-halving trajectory predicts $130K by Sept 2025! 📈 Trader Peter Brandt sees history repeating, with previous cycles […]
Crypto networks generate revenue through transaction fees, which are charged when users buy, sell, or transfer crypto assets. These fees play a critical role in preventing spam, securing the blockchain, and supporting platform development. For investors, fees serve as a key indicator of a company’s financial health and operational success. Top 5 Crypto Investments, Ranked […]
BTCUSD Faces Rejection and Retraces to $66,900 BTCUSD faces an initial rejection at the $72,000 level, triggering a retracement in the market. Despite Bitcoin’s attempt to establish a new all-time high, it has grappled with persistent bearish pressure. Although the anticipated Bitcoin Halving event coincided with a bullish reversal flag structure, the immediate impact was […]
Top analyst Credible Crypto predicts Bitcoin’s surge to $100,000. Cryptocurrency investors are closely watching recent insights from leading analysts, with a new bullish prediction from a prominent figure sparking significant interest. Credible, a highly regarded crypto analyst known for his accurate market forecasts, has released his latest Bitcoin price outlook. Analyst Foresees Bitcoin’s $100k Targethttps://t.co/46B2ejg2q9 […]
