Bitcoin

The Bitcoin price has been relatively quiet in October, but things seem to be looking up after the premier cryptocurrency broke the $63,000 mark on Saturday, October 12. However, the crypto has to scale a major resistance level if the current bull run is to get back on track. $64,000 The Resistance Level To Watch: Analyst In a Quicktake post on CryptoQuant, an analyst with the pseudonym ShayanBTC has put forward an interesting prognosis for the Bitcoin price in the…

You are not alone if you are disappointed that you did not invest in Bitcoin (BTC) when it first launched. A large question for many people has been how they managed to miss the opportunity to fully embrace such a force with a multitude of striking benefits as Bitcoin. But, the crypto market is changing, and there will be new opportunities. As the technology underlying blockchain rapidly develops and new products come onto the market, the investment space in the…

Bitcoin whales have stockpiled $90 billion in BTC since May, a period marked by range-bound market conditions. According to an open disclosure by Axel Adler Jr. of CryptoQuant, investors holding over 1,000 BTC have seen rapid growth in their balances. Whale Appetite Grows Over the past six months, they accumulated about 1.5 million BTC, representing a massive inflow of capital worth approximately $90 billion at an average price of $60,000. However, these tokens came from weaker hands that sold at…

According to data from CoinMarketCap, Bitcoin (BTC) gained by 4.08% in the last 24 hours as it briefly traded above the $63,000 price mark. Notably, this price rise comes following a decline that saw the market leader trade below $59,000 on Thursday. While the market sentiment is currently bullish, certain conditions are needed to procure an actual bullish breakout. Bitcoin On The Brink Of Short-Term Bullish Run Following Bitcoin’s price ascent to around $62,000 on Friday, CryptoQuant analyst with the…

A crypto analyst has offered an update on their analysis, predicting the Bitcoin price to climb to a new all-time high in the coming months. What’s Next For Bitcoin In October? In a September 23 post on X, crypto analyst Ali Martinez put forward an interesting prognosis on the current price action of Bitcoin and its future trajectory. According to the pundit, the premier cryptocurrency looked set for a bullish breakout — albeit not in a straightforward move. In his…

Bitcoin (BTC) may experience increased volatility in the coming days, driven by speculation surrounding another Chinese fiscal stimulus announcement and the expiration of BTC options worth $1.1 billion. Chinese Stimulus Measures To Help Bitcoin? According to the State Council Information Office, China’s Finance Minister, Lan Fo’an, is expected to provide details on upcoming fiscal stimulus measures during a press conference on Saturday. These measures aim to stimulate economic activity in the country. On September 24, the People’s Bank of China…

Imagine turning a humble $500 into an astonishing $5 million by 2026. While it might sound like a fantasy, four emerging cryptocurrencies could make this a reality. Market analysts are buzzing about one in particular, hailing it as the most promising investment since Bitcoin first appeared. Delve into which digital coins are set for explosive growth and could revolutionize financial futures. DOGEN Pumps Hard: The Strongest Meme Token Dominating Crypto Doge, Shib, and Floki will be left whimpering as the…

The Bitcoin ongoing rebound, reclaiming the $62,000 price mark once again today, has sparked renewed optimism in the cryptocurrency community. According to a recent analysis by CryptoQuant analyst Crypto Dan, the current market is still amid a bull cycle, with promising long-term prospects for Bitcoin holders. While the market has faced some short-term turbulence, key indicators suggest that more gains may be on the horizon. Bull Run Is Still In Progress Crypto Dan’s insights, shared on the CryptoQuant QuickTake platform,…

Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been transferred to crypto exchanges within a short period. Undoubtedly, such a huge amount of BTC entering crypto exchanges is problematic, especially in terms of a…