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BTC Dropping to $48K or Pushing to $55K: Which One Comes First? (Bitcoin Price Analysis)

Bitcoin’s price has been making higher highs and lows consistently over the past few months. However, the market is currently consolidating around a key resistance level, failing to continue higher.…

Continue ReadingBTC Dropping to $48K or Pushing to $55K: Which One Comes First? (Bitcoin Price Analysis)

MicroStrategy With Another Huge Bitcoin Buy: Scoops 3000 BTC at $51.8K

It appears that Michael Saylor was completely serious when he recently said that he plans on buying Bitcoin forever. MicroStrategy just announced that they bought another 3,000 BTC, each priced…

Continue ReadingMicroStrategy With Another Huge Bitcoin Buy: Scoops 3000 BTC at $51.8K

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…

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

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…

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

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…

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

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…

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