Glassnode, a blockchain analytics firm, forecasts a bullish trend for Bitcoin. The cryptocurrency is likely to reach $100,000, though momentum might slow after this milestone. Long-term holders (LTH), a key investor group, are selling for profits. Glassnode’s Spending Binary Indicator tracks their sell-side activity. It shows increased distribution, with asset balances dropping in 11 of […]
Bitcoin Remains Open for More Potential Run BTCUSD is racing toward the $100,000 key level amid persistent bullish momentum. As the undisputed leader in the cryptocurrency market, Bitcoin is edging closer to this much-anticipated milestone. The cryptocurrency has been in a prolonged bullish phase, with buyers consistently overcoming market challenges to push prices higher. After […]
Bitcoin (BTCUSD) Buyers Seek Stronger Purge Bitcoin buyers remain steadfast as they drive the market closer to the $92,500 key level. This week’s trading activity reflects continued bullish momentum, with the cryptocurrency maintaining its upward trajectory following a decisive break above the $75,000 level. Despite minor pullbacks, the bullish outlook suggests confidence in further price […]
The anticipated crypto bull market is poised to unfold in three distinct stages over the next two years. Each phase presents unique challenges and opportunities for investors, demanding careful strategy, patience, and discipline. Below, we delve into the specifics of each stage, offering insights into how to navigate them effectively. Stage One: Bitcoin’s Journey from […]
Bitcoin hits $90,400 amid growing investor optimism and confidence. Bitcoin (BTC) has skyrocketed to $90,400, driven by rising market confidence. This comes as investors anticipate favorable changes following the expected resignation of the SEC Chairman. XRP Coin has also surged past $1, adding to the bullish sentiment. The cryptocurrency fear and greed index stands at […]
Bitcoin Bulls Continue to Pursue Further Growth Following a Fresh All-Time High Bitcoin has reached a new peak of $93,180, with buyers maintaining strong control over the market. The bullish momentum remains dominant as the year advances, particularly throughout the last quarter. The recent climb past critical resistance levels highlights robust buying interest, although temporary […]
In crypto trading, timing and strategy are essential, but patience, often called “HODLing,” can be the most powerful tool. Recently, a Satoshi-era Bitcoin whale showed the impact of holding over a decade, transforming a modest BTC stash into a $180M fortune as Bitcoin reaches near-record highs. Dormant Whale Deposits $180M in Bitcoin With the Bitcoin […]
The Bitcoin ETF market faces interesting developments as two contrasting trends emerge. While U.S. spot Bitcoin ETFs saw their third-largest daily outflow of $400.7 million on Thursday, investment giant Goldman Sachs revealed a significant increase in its ETF holdings, now worth $718 million. Understanding Recent Market Movements The substantial outflows on Thursday marked a significant […]
Santiment analysts predict Bitcoin (BTC) may climb as high as $150,000 to $200,000 in this cycle. However, they emphasize that rather than fixating solely on potential price targets, it’s crucial to watch retail investor behavior, which could signal when BTC reaches its peak. Bitcoin has been setting new highs in recent days, fueling curiosity about […]
