Bitcoin is currently struggling to maintain its position above $95,000, sparking discussions of a potential market correction. With the 100-day moving average (MA) at $91,700 acting as a crucial support level, the question remains: can Bitcoin hold steady, or will it drop to $87,600? Here’s a closer look at the market’s current state and technical […]
Bitcoin Holds Steady Above $95K: Will It Rally or Correct? Read More »
Cryptocurrency Market Overview The global cryptocurrency market has seen a slight dip, with the total market cap dropping 1.96% to $3.2 trillion in the past 24 hours. Trading volume also decreased by 6.16%, now at $224.95 billion. Despite the decline, the market sentiment remains highly positive, as the Fear & Greed Index hit 81, indicating
Bitcoin Holds $93K, ZCash Soars 25% Read More »
A significant resistance line, which has held since Bitcoin’s all-time high in March, is once again under focus as Bitcoin gains momentum. On The Paul Barron Network, Tim Warren, Host of Investing Broz, highlighted that this red line has been tested six times, forming a barrier to upward movement. If Bitcoin manages to close above
BTC Update:Expert Reveals If Bulls Can Hit $75000 This Weekend Read More »
Bitcoin has surged beyond $61,000 following significant outflows from U.S. spot Bitcoin ETFs. However, the start of October has been challenging for the crypto market, with Bitcoin dropping 7% from its earlier high of $66,000. Matthew Dixon, CEO of Evai, cautions that another dip might occur before the cryptocurrency stages a major recovery. He shared
Bitcoin Price Surge: Will It Drop Again After ETF Outflows. Read More »
XRP and Stellar (XLM): A Closer Look at Their Correlation XRP and Stellar (XLM) are two of the most prominent cryptocurrencies in the cross-border payments space, frequently compared for their price growth and development. Both digital assets aim to revolutionize the way international transactions are conducted, offering faster and more efficient alternatives to traditional methods.
XRP vs Stellar (XLM): Price Correlation Insights & …… Read More »
Bitcoin Price Prediction: Bullish Pattern Targets $80K, but Bearish Clouds Hover Bitcoin is flashing strong bullish signals as it breaks through important resistance levels. This breakout has triggered a wave of liquidated short positions, pushing the price even higher. Analyst Josh from Crypto World highlights that a noticeable drop in the U.S. Dollar Index (DXY)
Bitcoin Price Prediction: Bullish Path Toward $80K, but Risks ….. Read More »
Is Ripple (XRP) Ready for a Big Move? Ripple’s XRP is under the spotlight as its price hints at a potential 100% upswing. However, the path to this significant gain isn’t straightforward, and there are some critical factors to consider. Recently, despite a positive Consumer Price Index (CPI) data release, the overall crypto market took
Ripple (XRP) Price Could Double Soon, But Caution Is Needed Read More »
The sentiment in the cryptocurrency market has shifted significantly after Germany sold off all its Bitcoin (BTC) holdings. This action not only pushed overall crypto assets into positive territory but also enabled Bitcoin to break through the critical $60,000 resistance level, closing with a strong bullish candle. Following this breakout, Bitcoin has the potential to
Bitcoin Hits $60K, Targets $64K Amid Bullish Surge Read More »
Over the past two weeks, the German government has garnered significant attention from investors, traders, and institutions by moving Bitcoin (BTC) to centralized exchanges (CEXs). Today, on July 1, 2024, the government transferred an additional 1,500 BTC worth $94.7 million, with 400 BTC valued at $25.3 million moved to Bitstamp, Coinbase, and Kraken, as reported
Will Bitcoin Reach $65K? German Government Shifts $94M in BTC Read More »
As the world’s biggest cryptocurrency, Bitcoin continues to fall short, with sellers making more bets on the downside, hoping the market won’t return to $70,000. According to the on-chain analytics firm CoinGlass, a massive $1.67 billion short position will be liquidated if Bitcoin (BTC) reaches the $70,000 level. This data is gaining massive attention from
Bitcoin Price Drop Risks $1.67 Billion Short Position Liquidation. Read More »