Is a Retest of $20K Incoming For Bitcoin? (BTC Price Analysis)
Bitcoin has typically experienced two phases in each cycle; a bull market in which the price surges and records a new all-time high, followed by a bear market when the…
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Bitcoin’s Next Bull Run to Come in 2024, Predicts Morgan Creek’s Mark Yusko
Mark Yusko – an American investor and CEO of Morgan Creek Capital Management – believes bitcoin will enter its next bull run sometime in 2024. The main reason for that…
July Became Bitcoin’s Best Month in 2022 With 17% Surge
After the devastating Q2 in which bitcoin registered three consecutive months with massive declines, the asset finally saw some increases in July, becoming its best month in 2022 to date.…
40-Yearr High Inflation Surged Another 100bps in June: Tailwind for Bitcoin?
U.S. spenders got a brief respite from rising prices in May. But last month, a torrent of new inflationary pressures on consumer prices moved the Fed’s preferred inflation barometer up…
2 Worrying Signs That Can Lead to BTC’s Quick Drop Towards $20K (Bitcoin Price Analysis)
The crypto industry is experiencing a prolonged ongoing bear market and is down more than 70% since recording its all-time high during the late months of 2021. However, the recent…
Bitcoin Balance on Exchange Sees Macro Decline
On-chain metrics reveal that Bitcoin balance on cryptocurrency exchanges continued its macro decline. The figures have reached 2.4 million BTC, which is around 12.6% of the circulating supply. According to…
Bitcoin Tests $24K but Is The Rally Getting Overheated? (BTC Price Analysis)
Bitcoin price action resembles a bottom formation phase, as it has rebounded from the $17K-$20K range. After creating multiple higher highs and lows over the last few weeks, the market…
US Recession Woes, Fed’s Rate Hike, Bitcoin at $24K, ETH Pushing for $1.8K: This Week’s Crypto Recap
The past seven days saw the total cryptocurrency market add a considerable $40 billion to its total capitalization as the majority of it is painted green. Bitcoin’s dominance is a…
Crypto Markets Rally on President Biden’s Redefined “Non-Recession”
U.S. GDP has contracted for the second consecutive quarter. On July 28, the Commerce Department reported that gross domestic product had fallen by 0.9% between April and June. The United…
BTC Reclaims 24k, ETH $1700 Following Second Consecutive GDP Decline
Bitcoin and Ethereum are pumping after the U.S. Bureau of Economic Analysis released its official GDP data for Q2 2022. The data shows that real GDP decreased by 0.9% year…
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