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Bitcoin Price Outlook for May
15.5.2023
Midway through May and bitcoin has mostly fallen lower, as markets digested several key pieces of economic data. The headline was another rate hike by the Federal Reserve, which came as U.S. non-farm payrolls rose marginally higher than expected. Heading into the last fortnight of the month, could...
Bitcoin price hits $27.2K, but new analysis warns more losses 'likely'
14.5.2023
Bitcoin may be up 7.5% since Friday, but BTC price action is not giving everyone cause for positivity
Bitcoin Price Prediction as $8 Billion Trading Volume Comes In – Is the BTC Sell-Off Finally Over?
14.5.2023
In light of a remarkable $8 billion trading volume influx, Bitcoin's future valuation has become a hot topic among traders and investors.
This surge has sparked a flurry of speculation - could this be the end of Bitcoin's recent sell-off?
This Bitcoin price prediction seeks to explore potential...
Bitcoin Price Prediction as BTC Bounces Up from $25,800 Support Level – Where is the Next BTC Target?
13.5.2023
As Bitcoin experienced a bounce-back from the $25,800 support level, investors are eagerly anticipating the next move for the leading cryptocurrency.
With market sentiment shifting, experts are now examining the potential price targets and forecasting Bitcoin's trajectory in the near future. ...
Bitcoin Price Prediction as BTC Approaches Long-Term $25,000 Support Level – Will the Price Hold?
12.5.2023
As Bitcoin approaches the long-term support level of $25,000, there are speculations about whether the price will hold or experience further decline.
Traders and investors closely monitor the market dynamics to determine the next potential move for the leading cryptocurrency. The price prediction...
Bitcoin's dive under $27K liquidates $100M — So why aren't margin traders flipping bearish
12.5.2023
BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000
Bitcoin Price Prediction: BTC Slides 10%: Is $25,000 the Key Price Level to Watch?
12.5.2023
Bitcoin, the leading cryptocurrency, has experienced a significant decline of 10% in its price.
This downward movement raises the question of whether the key support level at $25,000 will hold. Investors and traders are closely monitoring the market to determine if Bitcoin's price will find...
Bitcoin Price Prediction as Bulls Keep BTC Above $27,000 Support – What is the Next BTC Target?
11.5.2023
Bitcoin's price has been a topic of great interest and speculation as bulls manage to maintain its value above the crucial $27,000 support level.
This resilience has sparked curiosity about the next target for BTC and what lies ahead in terms of its price movement.
Traders and investors alike...
Bitcoin bears need BTC price to go below $27K ahead of Friday's $900M options expiry
11.5.2023
Bitcoin price giving up ground over the past week to slide below $28,000 has put bears in a better position for Friday's expiry
Bitcoin Price Prediction as Bulls Keep BTC Above $27,000 Support – What is the Next BTC Target?
11.5.2023
The Bitcoin market has recently shown notable resilience, with bulls successfully maintaining the price above the crucial $27,000 support level.
This development has sparked renewed curiosity and speculation among investors, traders, and analysts alike, leading to the inevitable question: What's...
Bitcoin Price Prediction as US Inflation Rate Data is Announced – Will BTC Start Moving Up Now?
10.5.2023
As the US inflation rate data has been released, the crypto community is eagerly awaiting the impact on the Bitcoin market.
With the current state of the global economy, investors have turned to Bitcoin as a hedge against inflation.
The announcement of the inflation rate is expected to have...
Here’s why crypto prices are down
10.5.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses why Bitcoin has been unable to break through the $29,000 level and why crypto prices have been falling
Bitcoin Price Prediction: What Can We Expect from the Imminent CPI Report?
10.5.2023
As we delve into Bitcoin price predictions, the forthcoming Consumer Price Index (CPI) report looms large, raising questions about its potential impact on the cryptocurrency market.
This key economic indicator has historically influenced market trends, but what can we specifically anticipate...
Bitcoin Price Prediction as US Core Inflation Rate is Announced – Where is BTC Going Next?
9.5.2023
The decision made by Binance, the largest cryptocurrency exchange in the world, to suspend bitcoin withdrawals due to high volumes and increased processing fees has created anxiety among traders and raised doubts about the future direction of Bitcoin's price.
Despite the halt, the decrease...
Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?
9.5.2023
The "Oracle of Omaha" has increased Berkshire Hathaway's cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk-assets
Bitcoin Price and Ethereum Prediction; BTC Struggles Under $27,750 - More Sell-off Ahead?
9.5.2023
The cryptocurrency market has been experiencing a lot of turbulence lately, with both Bitcoin and Ethereum struggling to gain momentum.
Bitcoin is currently facing bearish pressure and struggling to stay above the $27,750 support level, leading many traders to speculate whether more sell-offs...
Bitcoin Price Prediction as Traders Get Spooked After Binance Halts Withdrawals – Where is BTC Heading Now?
8.5.2023
The recent announcement by Binance, the world's biggest cryptocurrency exchange, of temporarily halting bitcoin withdrawals, citing high volumes and a surge in processing fees, has spooked traders and raised questions about Bitcoin's future price direction.
While the halt caused a temporary...
Does Bitcoin price risk losing $28K with BTC futures premium at 2-month lows?
8.5.2023
Professional Bitcoin traders are favoring sideways price action as BTC futures premium drops and the options delta skew nears 0%
Bitcoin Price Prediction: Nearly 3% Drop Raises Concerns of Additional Downtrend
8.5.2023
With the recent dip in Bitcoin prices, there are concerns among investors about a further downtrend. The popular cryptocurrency saw a nearly 3% drop, leading some to believe that the market is entering a bearish phase.
This latest development has left many wondering about the future of Bitcoin...
Bitcoin Price Prediction as Market Volatility Sends BTC toward $28,000 Support – When is the Next Leg Up?
7.5.2023
As market volatility shakes the crypto world, Bitcoin's price appears to be heading toward the $28,000 support level, leaving investors and traders wondering when the next leg up will materialize.
In this Bitcoin price prediction, we will explore the factors contributing to the current market...