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Bitcoin’s $100K price target returns as BTC price breaks out of bull pennant

The bullish analogy appears as Bitcoin reserves across all the crypto exchanges fall to their lowest in the previous 12 months, suggesting holding sentiment among traders.

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Following Bitcoin’s Bullish Weekly Close, These Are the Next Possible Targets (BTC Price Analysis)

BTC managed to make a strong weekly close above $52.9k, the highs from September, further validating the bear trap to $39.6k. After holding the higher low at $40.7k, a level…

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Bitmain Stops Shipping Bitcoin Mining Machines to Mainland China

Bitmain – one of the world’s largest manufacturers of bitcoin mining machines – revealed it would no longer deliver crypto mining rigs to mainland China addresses. However, the firm would…

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Bitcoin Skyrockets to 5-Month High: Dominance Soars as Altcoins Lose Value Against BTC (Market Watch)

The price of bitcoin went on another run in the past 24 hours and briefly exceeded $57,000 for the first time in five months. Most alternative coins seem left behind…

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Massive Sell Order Flash Crashed Bitcoin’s Price to $51K on Bitstamp

Bitcoin tapped a fresh high during Monday morning’s Asian trading session. At the time of writing, BTC prices were still close to those levels at $56,700. Bitcoin has posted its…

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Surpassing S&P500, Apple, Google, Gold and Silver: Bitcoin is Up 90% Year to Date

Bitcoin stands at $55,000 today, as of writing these lines. This means it’s about 90% up since the beginning of 2021. While that’s impressive on its own, what’s even more…

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Analysis: The Distinction Between Bitcoin’s Market Cycles in 2017 and 2021

This analysis takes a closer look at some of Bitcoin’s structural market metrics and compares the current cycle to that of 2017. The following is compiled by on-chain analyst CryptoVizArt…

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Adoption Continues: Online Marketplace Allows Buying Tesla with Bitcoin Again

Car For Coin – an auction website where users can purchase luxurious cars – also provided bitcoin payments as an option. Other examples of the latest cryptocurrency adoption are the…

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