After a tumultuous 2022, industry experts predict a remarkable resurgence for Bitcoin (BTC) in 2024. The main driving force behind this positive sentiment is the highly anticipated Bitcoin halving event, scheduled for April 2024. This event, which occurs every four years, reduces the block reward for miners by half, effectively diminishing the supply of new
Bitcoin
Crypto analyst Adam Back has recently shared his optimistic prediction that Bitcoin (BTC) could potentially reach the $100,000 price mark before the eagerly awaited halving event in April. This projection comes as Bitcoin continues its recovery from a rather bearish January. In the past week alone, BTC’s price has gained 11.02%, moving into the $47,000
Bitcoin (BTC) has made significant gains in the past 24 hours, climbing by 4.04% to briefly exceed the $48,000 mark, according to data from CoinMarketCap. However, the cryptocurrency now lingers around the $47,100 mark, leaving investors and market experts speculative about its future trajectory. Notably, renowned analyst Ali Martinez predicts a major dip in Bitcoin’s
Bitcoin (BTC) has experienced a significant milestone as its price surged above $46,000 for the first time since its debut trade in January. This bullish move comes after a challenging start to 2024, where Bitcoin faced a decline despite the introduction of several exchange-traded funds (ETFs) aimed at strengthening its institutional legitimacy. In this article,
Bitcoin (BTC) has recently experienced a surge in price, riding the wave of the current bull market and gaining fresh momentum. After weeks of sluggishness, the leading cryptocurrency asset has started to show promising gains. Crypto analysts are predicting even more potential gains for Bitcoin in the coming days. One cryptocurrency expert from Cheeky Crypto
Bitcoin, the world’s largest cryptocurrency, has been undergoing a period of stagnation since mid-January. However, indications from the Bollinger Band Width (BBW) suggest that this phase of dullness may soon come to an end. The BBW, derived from the Bollinger Bands, measures the divergence or convergence of these bands to indicate the level of volatility
Bitcoin and Solana have emerged as the top contenders in the institutional inflows into digital asset investment products, according to a recent report by CoinShares. Last week, Bitcoin witnessed a substantial inflow of $703 million, accounting for an impressive 99% of all flows in these investment products. Solana followed in the second position with an
Bitcoin, the flagship cryptocurrency, finds itself at a pivotal moment in its price trajectory. As the market remains indecisive about whether to head upward or downward, crypto analyst Eric Krown Crypto shares his insights on the key factors that will determine Bitcoin’s next move. By analyzing the Stochastic indicator, Krown provides valuable predictions and sheds
Bitcoin, the largest cryptocurrency, has been experiencing a stagnation in its price movement in recent weeks. Despite this lackluster price action, on-chain data reveals that large holders, known as whales, have been actively accumulating more Bitcoin in their wallets. This accumulation has brought the total number of wallets to its highest point in 15 months.
Cryptocurrency exchange Coinbase has recently released a comprehensive report predicting a significantly positive performance for Bitcoin and the overall crypto market in the second quarter of 2024. This optimistic outlook comes as Bitcoin continues its market recovery, with a 3.31% gain in the past week, reaching a trading price above $43,000. In their weekly report,