Bitcoin (BTCUSD) Price Forecast: April 23 BTCUSD price is moving as it commences a bullish trend, reaching an all-time high of $88,872 amid rising economic concerns. The crypto looked good for a long at its recent high as it continued its bullish run. However, if the bulls can increase their buying activities and break through […]
One year after Bitcoin’s halving anniversary, the cryptocurrency’s performance has surprised market watchers. Instead of following historical patterns of strong post-halving growth, Bitcoin has traded in the $80,000-$90,000 range, marking a significant shift in behavior compared to previous cycles. The crypto community has closely tracked this halving anniversary because these events—when Bitcoin mining rewards are […]
BTCUSD Market Analysis- April 22 Bitcoin has officially exited its prolonged consolidation phase and is now displaying strong bullish momentum. BTCUSD Key Levels Support Levels: $74700.00, $58900.00Resistance Levels: $82500.00, $109500.00 BTCUSD Long-Term Trend: Bullish(Daily Chart) Following an initial uptrend in February 2024, BTCUSD entered a consolidation range that persisted from March through November 2024. This […]
Bitcoin(BTCUSD) is showing renewed strength after political tensions reignited interest in crypto markets. Following Fed Chair Jerome Powell’s remarks warning against early rate cuts and inflation risks from tariffs, markets dipped—until Trump recently hit back, calling for Powell’s removal and signaling a possible replacement with pro-crypto figure Kevin Warsh. I honestly think it is very […]
The US Dollar Index (DXY) has plummeted to a three-year low, amplifying investor interest in store-of-value assets like gold and Bitcoin. DXY, which tracks the greenback against a basket of six major currencies, dropped to 98.23 this week—its lowest since March 2022—according to TradingView. Gold investor Peter Schiff highlighted the situation, stating, “The Dollar Index […]
BTCUSD Market Analysis – April 17 The market has re-established its bullish trajectory after breaching a minor bearish retracement phase. BTCUSD long-term trend remains firmly bullish, with price action confirming renewed upward momentum. Bitcoin Key Levels Support Levels: $74600.00, $58200.00Resistance Levels: $89300.30, $106300.00 BTCUSD Long-Term Outlook: Bullish The rally began from the $58,200.00 demand zone, […]
The crypto industry experienced a significant downturn in the first quarter of 2025, with the total market capitalization falling 18.6% to close at $2.8 trillion, according to CoinGecko’s latest Q1 report. This decline follows a period of euphoria in late 2024, when the market briefly touched $3.8 trillion on January 18, just before Donald Trump’s […]
Glassnode has underscored the impressive endurance of hard assets like Bitcoin and gold, even as global economic conditions remain turbulent. In its April 16 update, the on-chain analytics firm emphasized that these assets continue to outperform traditional investments, despite ongoing macroeconomic challenges. Gold Breaks Records While Markets Face Volatility Volatility in U.S. Treasury yields—ranging from […]
Renowned economist and longtime gold proponent Peter Schiff is once again casting doubt on Bitcoin’s future, encouraging investors to offload their holdings in favor of gold mining stocks. Calling Bitcoin “the ultimate risky asset,” Schiff believes the smarter move during these volatile times is to pivot toward traditional safe havens. In his latest critique, Schiff […]
