BTCUSD Bearish Pressure Denies a Bullish Run The BTCUSD bearish pressure is currently denying the Bulls a free run. The Bitcoin market has expended much bullish strength over the past six weeks. This culminated in the market shattering its previous all-time high record. BTC price rose to $73,840, and the bulls eventually tired out. This […]
Kerrisdale Capital’s bet on Bitcoin signals an impending bullish surge. Kerrisdale Capital’s recent strategic shift involves significantly increasing its investment in BTC while simultaneously taking a bearish stance on MicroStrategy shares. This decision stems from Kerrisdale’s assessment that MicroStrategy’s stock is overvalued, primarily due to its substantial Bitcoin holdings BREAKING🚨: MicroStrategy Slumps 14% After Short […]
Bitcoin, initially conceived as a peer-to-peer decentralized financial network, has evolved into a store of value (SOV) to safeguard capital against inflation. With a market capitalization of approximately $1.3 trillion, Bitcoin stands as the most valuable cryptocurrency, pioneering the use of blockchain technology. Bitcoin ETFs offer investors direct exposure to BTC within a regulated framework. […]
BTCUSD Rebounds From the $64,000 Confluence BTCUSD rebounds impressively from a key confluence point, reigniting its rally. Following a notable price surge earlier this year that led to the breaking of its all-time high, the coin encountered resistance at $73,840, prompting a price retracement of over 15%. However, the market found support at $60,675, where […]
The London Stock Exchange (LSE) has disclosed its readiness to accept applications for listing cryptocurrency products, including Bitcoin and Ethereum Exchange Traded Note (ETN) products, paving the way for trading to begin as early as the second quarter of this year. BREAKING: Breaking: LSE Confirms Readiness To Accept Bitcoin ETN Listing Applications#Bitcoin #BTC $BTC — […]
BTCUSD Remains in a Correction Phase with Much Volatility BTCUSD continues to navigate a correction phase characterized by significant volatility. Having reached an all-time high of $73,840 on March 14th, the cryptocurrency encountered resistance at this level, initiating a corrective movement that retraced to the previous all-time high and subsequently declined further. Notably, the $64,000 […]
BTCUSD is Poised to Consolidate Below $69,000 Bitcoin (BTCUSD) is currently poised for consolidation beneath the significant threshold of $69,000. This follows a remarkable period of price escalation that commenced early last year. The upsurge reached its zenith in February of this year and extended into March. Bitcoin surpassed previous highs during this bullish surge, […]
BTCUSD Takes a Dip After First Time Rejection at $73,540.00 BTCUSD takes a setback as bullish momentum wanes, signalling exhaustion among buyers. Following its initial rejection at the $73,540.00 resistance, BTCUSD takes a dip, marking a pivotal moment in its recent surge. This decline underscores a temporary pause in the market’s bullish momentum, evident after […]
Blackrock’s Bitcoin ETF has soared past $10 billion, marking a significant milestone in institutional crypto investment. The ETF’s approval in January sparked hefty inflows, coinciding with the impending Bitcoin Halving in April, fueling optimism and driving Bitcoin to new heights. BlackRock $BTC ETF $IBIT at 4th place in terms of Volume traded! Everyday this new […]
