The recent pullback in the price of Bitcoin has sparked discussions among top crypto analysts about a potential further decline in the crypto market. Analyst and trader Ali Martinez has shared his insights on social media regarding key indicators suggesting a retracement in Bitcoin’s price. According to Martinez, the Tom DeMark (TD) Sequential indicator on
Bitcoin
Bitcoin’s price surged to $68,000 today, sparking optimism among crypto analysts about the potential for a new peak in the near future. Crypto Jelle, a prominent cryptocurrency analyst, shared his bullish predictions on social media, emphasizing that Bitcoin is on the brink of surpassing its all-time high. According to Jelle, the current price action indicates
In recent times, Bitcoin has experienced a surge in value, coming within reach of its all-time high with a price peak of $68,800. Currently trading at $67,980, Bitcoin has seen a significant increase of 6.6% daily and 20.6% weekly, according to data from Coingecko. The rise in Bitcoin’s value can be attributed to the influx
Bitcoin has experienced a meteoric rise in value over the past month, reaching over $65,000 in March. This surge in price can be attributed to a variety of factors, including growing institutional interest in the cryptocurrency. Markus Thielen, head of research at Matrixport, predicts that Bitcoin is headed for another all-time high this week. This
Bitcoin has been on an upward trajectory, hitting the $64,000 mark amid a broader rally in the crypto market. Analyst Ali Martinez has identified key trends that could determine the next direction for the leading cryptocurrency. Martinez highlighted that more than 500,000 Bitcoins were transacted within the range of $61,100 and $61,800, forming a strong
The recent reports of a sharp decrease in the availability of Bitcoin on Over-the-Counter (OTC) desks have sent ripples through the cryptocurrency market. With only around 40 BTC available for sale at one point, it is clear that a significant shift in BTC trading dynamics is underway. Caitlin Long, CEO and founder of Custodia Bank,
Hunter Horsley, the Chief Executive Officer (CEO) of Bitwise, has recently made a bold prediction about the future of Bitcoin. He anticipates that the cryptocurrency will skyrocket to $250,000, a price point that is more than four times its current value of over $62,000. Horsley is highly optimistic about Bitcoin’s bullish outlook and believes that
The recent surge in the price of Bitcoin, surpassing the $59,000 mark, can be largely attributed to the growing interest from institutional investors. Despite expectations of a market crash ahead of the next halving, Bitcoin has continued to rally, proving many skeptics wrong. Institutional investors have been capitalizing on the opportunities presented by the Bitcoin
Bitcoin (BTC) has experienced a remarkable 5% increase in a single day, bringing it closer to the sought-after $60,000 mark. This surge in price can be attributed to the heightened investor interest in the world’s largest cryptocurrency, reaching levels not seen since the 2021 boom. The demand for spot bitcoin exchange-traded funds (ETFs) soared, with
As the price movement of Bitcoin becomes less volatile and the markets show signs of instability, Crypto Jelle, a prominent cryptocurrency analyst and investor, has shared a bold prediction regarding the leading cryptocurrency. Despite the bearish speculations within the community surrounding BTC’s price action, Crypto Jelle remains optimistic about the future. He believes that discussions