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Is Bitcoin About to Plummet Toward $50K or is Another Rally Incoming? (BTC Price Analysis)

Bitcoin’s price has entered a sideways consolidation phase following a notable surge toward the $52K resistance level, leaving market participants uncertain about its next direction. However, a short-term correction seems…

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Large Bitcoin Investors Persist in Accumulation as Short-term Holders Begin to Sell: CryptoQuant

Recent analysis from on-chain intelligence platform CryptoQuant has found that large entities’ total bitcoin (BTC) holdings have grown to a level last seen in July 2022 due to their unwavering…

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Bitcoin’s $63,000 Target Still Achievable in March Amid Recent Setback: Matrixport

Bitcoin might seem to have encountered a hurdle after reaching $52,000, but the recent downturn is expected to be short-lived. Matrixport’s latest report suggests that Bitcoin’s target of reaching $63,000…

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Bitcoin Bulls Regroup as Ethereum and Binance Coin Take the Center Stage: This Week’s Crypto Recap

This week saw quite a bit of action, which ultimately failed to result in any substantial gains or losses in the total cryptocurrency market capitalization. The figure stands at $2.057…

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Bitcoin Miners Move 700,000 BTC to OTC Desks in 3 Weeks, Here’s What it Means

Over the past three weeks, around 700,000 BTC have been transferred to over-the-counter (OTC) desks that are commonly used by miners, according to CryptoQuant CEO Ki Young Ju. Notably, activity…

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Ethereum Surges Past $3K as Bitcoin Recovers Toward $52K (Market Watch)

The cryptocurrency market went through quite a rollercoaster in the past 24 hours, but it appears that bulls are getting the better of it. At the time of this writing,…

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Tom Lee: Bitcoin is ‘Sound Money,’ Names 3 Reasons Why BTC Could Tap $150,000 in 2024

Speaking on CNBC’s Squawk Box on Feb. 21, the American entrepreneur said he thinks Bitcoin prices will reach $150,000 this year. Lee cited three reasons for his bold price prediction,…

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Important Ripple v SEC Development, Bitcoin (BTC) Brief Price Spike, and More: Bits Recap Feb 22

TL;DR Bitcoin experienced significant price fluctuations in the past few days, soaring to nearly $53,000 before dipping below $51,000, with predictions of future increases based on on-chain metrics and the…

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