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JPMorgan: Bitcoin Still Overbought Despite Price Drop
25.3.2024
Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks...
Renowned Investor Jim Rogers Expects All Cryptocurrencies to ‘Disappear’ — Says Bitcoin Will ‘Go to Zero Someday’
24.3.2024
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects all cryptocurrencies, including bitcoin, to disappear someday. Anticipating bitcoin going to “zero,” he stressed: “I’m very skeptical of crypto. I don’t expect...
Bitcoin Technical Analysis: Oscillators Neutral, Moving Averages Split on Future Direction
22.3.2024
Bitcoin’s price on March 22, 2024, exhibits a fascinating landscape of market dynamics, oscillating between gains and losses across various time frames. Amidst a backdrop of neutral oscillators and a mixed sentiment in moving averages, bitcoin traders are navigating through a volatile...
Bitcoin Tests $66K as Analysts Expect More Volatility Before Calm
22.3.2024
The market might take a breather this weekend, says Singapore's QCP Capital
Bitcoin Year-End Price Target Raised to $90K at Bernstein
21.3.2024
Bitcoin Technical Analysis: Bearish Signals Amid Market Turbulence Put Traders on High Alert
20.3.2024
Bitcoin, with its intraday low and high at $60,760 and $66,382 respectively, and currently trading above the $63,500 mark, showcases its durability and unpredictability. The price movements of bitcoin persist in the lead-up to the U.S. Federal Reserve’s gathering on Wednesday afternoon....
Bitcoin Falls to Sub-$63K as Market Awaits Federal Reserve’s Next Move
19.3.2024
On Tuesday, the value of bitcoin fell to a low of $62,355, experiencing a decline of over 7% against the U.S. dollar in the last 24 hours and a decrease of 12.4% in the past week. This downturn led to the liquidation of a substantial number of bitcoin long positions, with more than $180 million...
Standard Chartered Raises Bitcoin Target: BTC Could Hit $150K This Year, $250K Next Year
19.3.2024
Standard Chartered has raised its bitcoin forecast, predicting that the cryptocurrency’s price could reach $250,000 next year and $150,000 this year. The bank also adjusted its ether forecast as it anticipates the approval of a spot ether exchange-traded fund (ETF) by the U.S. Securities...
Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year
19.3.2024
Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment...
Bitcoin Technical Analysis: BTC Navigates Volatile Waves of Change
18.3.2024
As bitcoin flirts with the boundaries of its recent trading range, its price oscillation reflects a vibrant yet undecided market, standing at a pivotal $68,259 per unit, after testing waters between $64,522 and $68,902 within a 24-hour frame. Bitcoin Presently, bitcoin’s (BTC) oscillators...
Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign
18.3.2024
Amid Bitcoin fluctuations, Crypto.com CEO Kris Marzsalek views the downturn as a beneficial and “healthy” adjustment, setting the stage for sustainable growth in the cryptoc market.
The post Crypto.com CEO Kris Marzsalek Sees Bitcoin Price Correction as Positive Sign appeared first on Cryptonews
Predicting the Peak — Analysts Gauge the Duration and Climax of the Current Bitcoin Bull Run
15.3.2024
Over the past six months, bitcoin’s value has seen a substantial increase, soaring over 160% in comparison to the U.S. dollar during this period. Despite these significant gains, a considerable number of individuals are of the opinion that this upward trend is just beginning. Yet, the exact...
Bitcoin Technical Analysis: Sharp Downturns as Bearish Trends Dominate Price Movements
15.3.2024
Bitcoin witnessed a notable intraday swing from $65,569 to $73,794, reflecting a volatile market environment. Despite this turbulence, its market capitalization still holds strong at just over $1.3 trillion, supported by a substantial 24-hour trading volume of $89 billion. Bitcoin The analysis...
Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000
15.3.2024
Bitcoin is trading below $68,000, nearly 7.5% down in the last 24 hours. The price correction triggered massive liquidations as the entire network saw over $657 million positions liquidated in the last 24 hrs.
The post Over $520M in Longs Liquidated as Bitcoin Price Drops Below $68,000...
Bitcoin Tumbles to $67K As Asia Begins Trading Day
15.3.2024
Bitcoin's price has begun a recovery, trading above $68,5K as the day continues
Analysts ‘Now More Convinced’ of Bitcoin Reaching $150,000 by Mid-2025
15.3.2024
Global asset management firm Alliance Bernstein has doubled down on its bitcoin price prediction of $150K by mid-2025. “These are still early days of bitcoin’s integration into traditional asset portfolios,” the firm’s analysts described, adding that they are “now...
Bitcoin Brushes $73,794 Peak Before Midday Price Fluctuations
14.3.2024
The price of bitcoin had a tumultuous day on Thursday dropping below the $70,000 threshold at 12:30 p.m. Eastern Time only to return back above the $70,000 range shortly after. Bitcoin had tapped an all-time price high during the early morning trading sessions on Thursday by briefly tapping...
Bitcoin Price Growth Could Continue, Says South Korean Analyst
14.3.2024
Bitcoin price growth could continue, a South Korean crypto analyst has predicted, as “crypto fever” slowly takes hold in the nation.
The post Bitcoin Price Growth Could Continue, Says South Korean Analyst appeared first on Cryptonews
Bitcoin Technical Analysis: BTC Crosses $73K; Bulls Eye $75K as Next Major Goal
13.3.2024
On March 13, 2024, bitcoin achieved a new peak in its market value, reaching an unprecedented high of $73,679. In the past 24 hours, bitcoin not only increased by 1.8% but also showed notable gains over the week (10.7%) and the last two weeks (23.3%), elevating its market cap to an impressive $1.43...
Bitcoin Price to Hit $360,000 One Year Post-Halving: CoinLedger
13.3.2024
CoinLedger forecasts Bitcoin to potentially reach $360,000 a year post-2024 halving, based on an analysis of past halving events and their impact on price in various time periods.
The post Bitcoin Price to Hit $360,000 One Year Post-Halving: CoinLedger appeared first on Cryptonews