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Litecoin's Strong Performance Before 'Halvening' Fuels Optimism for Bitcoin Rally
11.7.2023
Bitcoin (BTC) investors are closely watching the performance of Litecoin (LTC), another proof-of-work token, as the flagship cryptocurrency gears up for its upcoming "halvening" event.
The term "halvening" refers to the protocol-backed reduction in rewards for miners who successfully solve...
Bitcoin Price Rally Puts Focus on Futures Spread That Underscores Need for Spot ETFs
6.7.2023
Observers call for spot-based bitcoin ETF as the bull market raises cost of pre-expiry rollover of positions for futures-based ETFs
Pepe (PEPE) outshines meme coins in a recent Bitcoin rally
23.6.2023
PEPE has emerged as one of the top performers in the crypto space in the last 48 hours. When Bitcoin surged around 9% after Powell’s testimony, PEPE coin surged 15% with a 130% rise in trading volume. Investors and Pepe enthusiasts are optimistic about the growth, and PEPE will soon cross the...
Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does not Signal End of Tightening
3.5.2023
We expect that Chair Powell may shy away from being definitive when it comes to a pause which may disappoint the market, one crypto trader said
First Mover Asia: Bitcoin Rally Stalls Above $30K; Ether Hits $2.1K
19.4.2023
ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment
Healthy Bitcoin rally: What does a margin lending ratio drop mean for BTC price?
15.4.2023
Will $30,000 BTC price hold? Bitcoin market structure remains bullish with another 10% gain on the table as sellers refrain from shorting
Bank of America Sees Support for Bitcoin Rally as Personal Wallet Hoarding Increases
12.4.2023
As investors are intensifying their efforts to move crypto to personal wallets, market observers interpret the latest trend as an indication of a lower ‘sell pressure’ on bitcoin (BTC), according to a recently drafted note by analysts from Bank of America (BofA). ...
Read More: Bank of America Sees...
Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000
24.2.2023
This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. McGlone further explained in an update about bitcoin and the Nasdaq that a...
Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving
21.2.2023
As the Bitcoin (BTC) price continues to go sideways just below the $25,000 level, traders are trying to assess whether the world’s largest cryptocurrency by market capitalization has enough oomph to muster another breakout above key resistance. For the last five days, sell pressure ahead of...
Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving
21.2.2023
As the Bitcoin (BTC) price continues to go sideways just below the $25,000 level, traders are trying to assess whether the world’s largest cryptocurrency by market capitalization has enough oomph to muster another breakout above key resistance. For the last five days, sell pressure ahead of...
Stablecoin data points to ‘healthy appetite’ from bulls and possible Bitcoin rally to $25K
23.1.2023
Bitcoin price continues to press higher this week as demand for stablecoins and a key BTC price metric suggests bulls have a “healthy appetite.”
Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing
9.12.2022
Bitcoin price aims for support at $17,000, while LTC follows a pre-halving narrative and ETH looks somewhat bullish in its BTC pair
Bitcoin price broke out this week, but has the trend changed?
28.10.2022
BTC’s price attempted to break out of range before retesting underlying support. Is a trend change at hand or will the price continue to consolidate?
Next Bitcoin rally to start in Q2 2023 — Mark Yusko explains why
26.10.2022
The anticipation of the next Bitcoin halving will spark a crypto rally in 2023 regardless of the grim macroeconomic picture, according to hedge fund manager Mark Yusko
Bitcoin price charges higher, but whales line up to sell BTC at $20K
28.9.2022
Analysts claim "mega whales" will make it very difficult for BTC traders to flip $20,000 to support
Short-Term Relief Bitcoin Rally Likely After ‘Optimistic’ Powell, Major Bottom Could be Forming – Analysts
5.5.2022
Bitcoin (BTC) and the broader crypto market went into a relief rally over the past day, after an expected 0.5 percentage point rate hike in the US and an “optimistic” outlook from US Federal Reserve (Fed) Chair Jerome Powell. According to one analyst, a major bottom could now be forming...
Bitcoin rally hopes diminish as pro traders flip bearish, retail interest at 12-month lows
18.3.2022
A symmetrical triangle shows support at $38,000 but pro traders have failed to add leverage long positions, according to exchanges' data
Bitcoin Rally Gets Support From ‘Watershed’ Executive Order, Rising Stock Market
9.3.2022
Traders bid the price of bitcoin (BTC) up strongly in the market today even before a new Executive Order by US President Joe Biden laid out plans for what was seen as a positive approach to digital assets. Also, an improved sentiment sent US stock futures higher, helping BTC too....
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Bitcoin Rally Evaporates as Price Tumbles Below $40K Friday Afternoon
4.3.2022
The crypto’s divergence from stocks earlier this week has proven to be short-lived
Market Strategist Explains 4 Reasons Why BTC Is Rallying — ‘Ukraine Crisis Highlights How Bitcoin Can Act as a Support Mechanism’
1.3.2022
On Monday, Sven Henrich, the founder and the lead market strategist for northmantrader.com discussed bitcoin “rallying in the face of this crisis.” The technical analyst and market commentator highlighted four reasons why he believes bitcoin’s value surged —...