Auto Added by WPeMatico

The US Government Shutdown: A Possible Drive for Bitcoin’s Recent Rally

Bitcoin’s recent spike has raised concerns, with analysts pointing to the upcoming U.S. government shutdown as a potential trigger. The political standoff in Washington is pushing investors to look for…

Continue ReadingThe US Government Shutdown: A Possible Drive for Bitcoin’s Recent Rally

Macroeconomic Shifts Are Extending Bitcoin’s Cycle to 2026, Analysts Forecast

Despite Bitcoin’s historical four-year cycle, recent data suggests the pattern is becoming more extended due to macroeconomic developments like maturing U.S. corporate debt. Analysts now believe that the cryptocurrency’s next…

Continue ReadingMacroeconomic Shifts Are Extending Bitcoin’s Cycle to 2026, Analysts Forecast

Bitcoin’s ‘Supercycle’ Pattern Points to $150K, Says Analyst

TL;DR Analyst Merlijn sees Bitcoin forming two inverse head and shoulders patterns, projecting a $150K rally. Resistance near $111K remains firm, with downside targets near $103K if the price fails…

Continue ReadingBitcoin’s ‘Supercycle’ Pattern Points to $150K, Says Analyst

Is the Bitcoin Bull Market Cycle Coming to an End? Analysts Weigh In

“The old money flow cycle is breaking,” crypto trader ‘Koroush AK’ told his 376,000 X followers on Wednesday, referring to the previous pattern of money rotating from Bitcoin to Ether…

Continue ReadingIs the Bitcoin Bull Market Cycle Coming to an End? Analysts Weigh In

Retail or Whales? CryptoQuant Analyzes the Forces Behind Bitcoin’s Latest Rally

On-chain data analyzed by the market intelligence firm CryptoQuant has revealed that retail Bitcoin players are almost nowhere to be found amid the latest rally. Larger investors, however, are driving…

Continue ReadingRetail or Whales? CryptoQuant Analyzes the Forces Behind Bitcoin’s Latest Rally

Bitcoin’s Price is Nowhere Near Overheating Despite Surge to $123K: CryptoQuant

Bitcoin recently surged to unprecedented levels, breaking past $123,000 for the first time on July 14. The milestone follows earlier highs of $112,000 on July 9 and $118,000 on July…

Continue ReadingBitcoin’s Price is Nowhere Near Overheating Despite Surge to $123K: CryptoQuant