Tag: BTCUSDT

Bitcoin Price Displays Bullish Signs: A Recovery In The Making?

Bitcoin price started a fresh upward move above $102,000. BTC is rising and might gain pace for a move above the $105,000 resistance zone. Bitcoin started a decent upward move above the $102,000 zone. The price is trading above $103,500 and the 100 hourly Simple moving average. There was a break above a key bearish…

Bitcoin Price Faces Tough Resistance: A Breakout In The Cards?

Bitcoin price started a fresh upward move above $100,000. BTC is facing resistance at $103,000 and might aim for an upside break. Bitcoin started a decent upward move above the $100,000 zone. The price is trading below $103,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…

Bitcoin Preparing For A February Rally? Analyst Says New High Is Two Weeks Away

After starting the week with a red Monday, Bitcoin (BTC) has recovered the $100,000 zone, registering a 4% recovery from yesterday’s lows. Following its recovery, some crypto analysts suggested that BTC could be getting ready for a February pump. Choppy January, Double-Digit February? On Monday, the crypto market suffered a shakeout generated by the broader…

Countdown To 500,000: MicroStrategy’s Aggressive Bitcoin Strategy Continues With $1 Billion Purchase

MicroStrategy, the enterprise software company based in Tysons Corner, Virginia, has made headlines once again on Monday by purchasing Bitcoin (BTC) for the twelfth consecutive week.  This latest acquisition saw the company spend approximately $1.1 billion on the market’s leading cryptocurrency from January 21 to January 26, as disclosed in a recent filing with the…

Bitcoin Finally Turns $100K Into Support – Ready To Rally Higher?

Bitcoin experienced a rollercoaster start to the week as the cryptocurrency dipped 5% below the critical $100K mark, only to recover and climb back above it. Monday’s price action highlighted the ongoing volatility in the market, leaving investors divided on Bitcoin’s next move. Some analysts are calling for a surge above the all-time high (ATH),…

Bitcoin Price Dips But Nears $100K: A Pullback or a Launchpad?

Bitcoin price struggled near $107,000 and corrected gains. BTC is now approaching $100,000 and might find bids in the near term. Bitcoin started a downside correction from the $107,000 zone. The price is trading below $103,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line with support…

Bitcoin Price Crashes Below $98,000: Here’s Why

The Bitcoin (BTC) price has plunged below $98,000, retracing from $105,000 as low as $97,750 today, marking a sudden decline of as much as -6.8%. The rapid sell-off coincides with heightened volatility across both crypto and traditional markets, with multiple factors contributing to BTC’s downward spiral. Why Is Bitcoin Down Today? #1 DeepSeek’s Surprise Impact…

Spot Bitcoin ETFs Record Staggering $4.7 Billion In Seven-Day Inflow Streak — Details

The spot Bitcoin ETFs (exchange-traded funds) have picked up from where they left off in 2024, enjoying increased attention from investors in the new year. This positive sentiment has further intensified after the recent inauguration of Donald Trump as the United States president. The US-based exchange-traded funds continued their impressive streak of capital influx, positive…

Bitcoin Shark Wallets Set New Record: Bullish Foreshadowing For 2025?

On-chain data shows that Bitcoin shark-sized wallets have climbed to a new all-time high recently, a sign that could be bullish for BTC. Key Bitcoin Investors Have Been In Accumulation Mode Recently According to data from the on-chain analytics firm Supply Distribution,” which tells us about the amount of BTC wallets that belong to a…