Bitcoin Price Rallies 5% But Key Breakout Resistance Is Still Intact

Bitcoin price jumped from the $40,500 support zone. BTC is up over 5% but the bears are still defending the $43,500 resistance zone. Bitcoin started a strong increase from the $40,500 support zone. The price is trading above $42,000 and the 100 hourly Simple moving average. There was a break above a major bearish trend … Read more

Here’s What Could Trigger It

Data shows Bitcoin is losing a major region of on-chain support with its latest plunge. Here’s the range where the next zone lies for the asset. Bitcoin Has Slipped Under $41,200 To $42,400 Support Region As explained by analyst Ali in a post on X, BTC has slipped under a key on-chain support zone today. … Read more

Key Factors That Bitcoin Needs To Keep Bullish Momentum

Amid the bearish impression circling the cryptocurrency market lately, a prominent crypto analyst has revealed a recent trend for Bitcoin (BTC), which will help bolster the continuation of its price rally. What Bitcoin Needs To Sustain And Expand Its Rally A cryptocurrency analyst known as Ali recently shared this crucial information with the entire cryptocurrency … Read more

VanEck CEO Predicts When The Bitcoin Price Will Reach $69,000 Again

VanECK’s CEO, Jan van Eck, had so much to say about Bitcoin in a recent interview. One of the highlights was his prediction as to when the flagship cryptocurrency will once again hit its all-time high (ATH) of $69,000.  When Bitcoin Will Hit $69,000 Again In an interview with CNBC, Jan Van Eck stated that … Read more

Bitcoin Price Drops Again – What Could Trigger A Fresh Increase?

Bitcoin price failed again to gather pace above the $43,500 resistance level. BTC started a fresh decline and might soon revisit the $40,000 support. Bitcoin is moving lower below the $42,000 support zone. The price is trading below $42,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with … Read more

Bitwise Reveals Two Triggers That Will Send Bitcoin To $80,000

Bitwise, a crypto index fund manager, has forecasted a bullish price for Bitcoin that would take it past its current all-time high. Bitcoin is currently in a bullish sentiment, and the price has doubled this year. But according to this fund manager, this sentiment will continue into next year. In a recently released report, Bitwise … Read more

Crypto Analyst Who Predicted Bitcoin 2023 Bull Run Releases New Target

A crypto analyst who correctly predicted that Bitcoin would hit the heights it is currently enjoying has once again given projections as to Bitcoin’s future trajectory. As part of his predictions, he highlighted the best and worst-case scenarios for the flagship cryptocurrency going forward.  Bitcoin Could Ride To $60,000 In a live stream on his … Read more

Bitcoin Price Uptrend To Continue? These Could Be The Factors To Watch

Bitcoin price is attempting a fresh increase above the $42,200 level. BTC could surge once it clears the $43,350 resistance zone in the near term. Bitcoin started a fresh increase above the $42,000 support zone. The price is trading above $42,200 and the 100 hourly Simple moving average. There is a key bullish trend line … Read more

Capital Inflows Mirror Pre-2021 Bull Run Momentum

On-chain data shows the cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000. Bitcoin & Ethereum Are Getting $19.7 Billion In Capital Injections Currently As explained by analyst Ali in a new post on X, Bitcoin and Ethereum are receiving a large amount of capital inflows currently. … Read more

Crypto Analyst Reveals Uncanny Similarities In The Bitcoin Charts Of 2020 And 2023

A crypto analyst has revealed what seems to be one of the most uncanny similarities in two separate Bitcoin charts. The two charts taken from 2020 and 2023 show a very similar price trend, and the most important part is what happens if Bitcoin continues to follow this trend. Bitcoin Charts From 2020 And 2023 … Read more