Bitcoin adoption grows despite June price slump as new addresses surge. BTC faced a challenging June with a consistent price decline, disappointing many short-term investors. However, on-chain data reveals a bullish outlook for the cryptocurrency. The number of new Bitcoin addresses has increased to 352,124, the highest level in the past two months, indicating rising […]
Willy Woo predicts a 10x bitcoin surge as the financial world embraces cryptocurrency. Cryptocurrency trader and entrepreneur Willy Woo recently shared a bullish outlook for Bitcoin (BTC) on the X social media platform, formerly known as Twitter. Woo also highlighted that the financial sector now recognizes Bitcoin as a rapidly emerging asset class. Crucial Bullish […]
BTCUSD faces a bearish outlook as whale activity surges. Recent data from CryptoQuant highlights a concerning trend for BTCUSD, pointing towards potential bearishness. The Exchange Whale Ratio, which measures the influence of large Bitcoin holders by comparing their deposits to total exchange inflows, has seen a significant uptick. Bitcoin “Exchange Whale Ratio” Is Rising: Why […]
Bitcoin experiences a decline as traders prepare for Wednesday’s release of US inflation data and an upcoming Federal Open Market Committee (FOMC) meeting. Both macroeconomic events are considered pivotal for the outlook of crypto assets. The focus is on how Fed Chair Jerome Powell and the FOMC will react to May’s inflation data, potentially shifting […]
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 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 […]
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 […]
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 […]
