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QCP Capital: Bitcoin’s Potential for ‘Uptober’ Rally Mirrors Historic Election Trends
14.10.2024
QCP Capital analysts have noticed a significant rise in bitcoin (BTC), comparing it to similar patterns seen before past U.S. elections. Their latest report delves into the influence of historical price movements, current market dynamics, and upcoming events on the cryptocurrency’s future...
US Election-Year Bull Runs: How Bitcoin Historically Surged Post-Victory
1.9.2024
With just 65 days remaining until the U.S. presidential election, bitcoin wrapped up August with an 8.6% decline compared to where it started the month. Historically, in the last two election cycles, bitcoin’s value has only shown substantial appreciation after the election had ended and...
Cryptoquant Report Reveals Faltering Global Bitcoin Demand Despite Recent Spike
28.8.2024
A recent report from Cryptoquant reveals that comments by Federal Reserve Chairman Jerome Powell sparked a surge in U.S. bitcoin demand last week, though overall global demand remains weak. The report highlights the mixed signals in the market following the Fed’s announcement. Analysis Says...
Bitcoin Technical Analysis: Bulls Poised for Next Leg up, Targeting $70K
3.6.2024
Over the past hour, bitcoin’s price has ranged from $68,915 to $69,121, with an intraday spread between $67,440 and $69,305. The 24-hour trading volume for bitcoin (BTC) is $23.02 billion, indicating robust market activity. The market capitalization of bitcoin remains strong at $1.36...
Bitcoin Technical Analysis: BTC Maintains Stability in Narrow Triangular Formation
31.5.2024
Bitcoin’s valuation presently resides at $68,402, boasting a market capitalization of $1.34 trillion and a 24-hour trading volume of $23.93 billion. Throughout the previous day, BTC’s price has maintained a tightly consolidated triangular pattern. Bitcoin Bitcoin’s (BTC) daily...
Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility
29.5.2024
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed outlook, indicating both potential stability and...
Bitcoin Technical Analysis: BTC’s Uptrend Held Back by Strong Resistance at $70K
27.5.2024
As of May 27, 2024, bitcoin is trading at $68,457 with a market capitalization of $1.34 trillion. The leading crypto asset has experienced an intraday price range of $68,308 to $69,340 with a 24-hour trade volume of $10.74 billion. Bitcoin The short-term analysis based on BTC’s 1-hour chart...
Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity
24.5.2024
Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin Recent trends in the daily chart reveal bitcoin...
Bitcoin’s Rollercoaster Year: A 29% Gain From August 2022 to 2023 Despite Recent Dips
4.8.2023
Over the past 30 days, bitcoin has dipped by 5%, yet the leading cryptocurrency has seen a gain of 29.05% from August 3, 2022 to August 3, 2023. Moreover, BTC’s value in 2023 alone has surged more than 75% against the U.S. dollar, standing at $5,800 above the crypto asset’s mean...