Bitcoin

While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin liquidations by the Mt. Gox distribution and sales by the German government, Bitcoin’s price remains notably resilient. These developments indicate a strong appetite for big-money cryptocurrency investments, especially from experienced investors looking to profit off potential end-of-year rallies. $100,000 Call Options Signals This QCP Capital’s…

The post Will UK Dump Bitcoin Following Germany’s Move? Another BTC Dip Coming Up? appeared first on Coinpedia Fintech News After Germany’s recent Bitcoin sell-off spree, the crypto market is speculating whether the UK might follow Germany’s move as the new Chancellor of the Exchequer, Rachael Reeves is under pressure to fund her economic plans. As the Britain government holds a substantial BTC stash, if Reeves decides to sell, rumors suggest a potential market dip.  UK Currently Holds Over $4…

Bitcoin is in an uptrend, but events in the daily chart show pockets of weakness. Though BTC is stagnant, analysts are upbeat, expecting prices to rise in the days to come. Is Bitcoin Ready To Rip Higher: Analyst Says Bulls Are Eyeing $140,000 Taking to X, one analyst has picked out an unusual development: In the weekly chart, the Bitcoin Bollinger Bands (BB) is currently at their tightest level in history. Besides April 2016 and July 2023 events, the Bitcoin…

A market strategist has declared that Bitcoin (BTC), the world’s largest cryptocurrency, has finally concluded its downtrend. According to the strategist, Bitcoin may be heading to a new price target, driven by the positive shift in its market value.  Bitcoin Downtrend Is Over A crypto analyst identified as ‘Rekt Capital’ on X (formerly Twitter) has announced to his 484,500 followers that Bitcoin’s prolonged downward trend was officially over. The analyst, who has been monitoring the cryptocurrency’s market and price actions,…

As Santiment analytics disclose an accelerating decline in wallets holding one or more Bitcoin, the cryptocurrency industry has gone abuzz. Crucial for gauging mood in the market, this indicator has been progressively dropping as traders become less optimistic that Bitcoin may rise beyond its historic high of $73,750, which it last touched on March 14. The general feeling in the market is that people don’t think Bitcoin will reach a new all-time high this year. Largely due to “fear, uncertainty,…

The post Bitcoin Set to Soar: Why Experts Predict a Massive $190K Price Jump appeared first on Coinpedia Fintech News Following a rally of over 20% rally in the past three weeks, which brought Bitcoin up from $53,500 to around $64,100, the cryptocurrency seems to be catching its breath. Recent market indicators are showing positive signs, suggesting Bitcoin might be on the verge of a significant price surge, possibly reaching new highs. Julien Bittel, head of macro research at Global…

The Bitcoin price is looking comfortable. Back in the middle of its range, $BTC is currently at support around the $64,000 to $63,000 level. Should this not hold, further strong support can be found at $61,000. Once this small pull-back is over, Bitcoin might be expected to resume its latest rally. Bitcoin taking a breather All appears to be perfectly normal for Bitcoin. The $BTC price is currently experiencing a small pull-back after its exertions of the last couple of…

The post Bitcoin Experiences A Pullback To $64K, As Crypto Market Records A Negative Price Action! appeared first on Coinpedia Fintech News With a drop of approximately $20 Billion within the past 24 hours, the cryptocurrency market is presently valued at $2.35 Trillion, a drop of 0.61%. Moreover, the market leader, BTC price has recorded a 24-hour low of $63,237.75 with a trading volume of $26.519 Billion. On the other hand, the Ethereum price has displayed a neutral trend by…

The post Bitcoin Prediction: Is Price Stuck Due to ETF Inflow Drop? Healthy Inflows Hint at $70k, but Decline Could Spell Trouble appeared first on Coinpedia Fintech News Bitcoin is currently experiencing a short-term warning signal as it continues to retest a critical chart area. This movement is happening alongside significant new liquidations that need close monitoring. According to analyst Josh of Crypto World,  Wednesday, there was a decrease in net inflow to spot Bitcoin ETFs compared to earlier in…