Bitcoin

Bitcoin price struggled to extend gains above the $66,000 resistance level. BTC is consolidating and holding gains above the $63,500 zone. Bitcoin struggled to continue higher above the $66,000 resistance zone. The price is trading above $63,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support at $64,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up unless it breaks the $63,500…

Bitcoin developer Samson Mow has for a while now continued to assert that BTC is going to reach $1 million. He has again reaffirmed his bullish stance and mentioned when exactly the flagship crypto will hit this unprecedented price target.  When Bitcoin Will Rise To $1 Million Mow mentioned that he is still certain that Bitcoin will reach $1 million and added that the flagship crypto will reach this price target within a year. Mow had previously explained why he…

As the 2024 presidential race heats up, a new debate has emerged regarding Silicon Valley’s recent support for former President Donald Trump’s comeback bid for the White House. According to billionaire investor Mark Cuban, this support may have less to do with Trump’s pro-crypto regulatory stance and more with a calculated play to “pump” the Bitcoin price.  Cuban Sparks Debate On Trump, Silicon Valley, And Bitcoin In a series of social media posts on Wednesday, Cuban highlights that Trump’s pro-crypto…

The post As Bitcoin and Solana Surge, Furrever Token’s Launch Draws Investor Attention appeared first on Coinpedia Fintech News In the dynamic and ever-evolving world of cryptocurrency, Bitcoin (BTC) and Solana (SOL) have consistently captured the attention of investors. Bitcoin remains the gold standard in digital currency, while Solana’s high-speed transactions and low fees have made it a favourite among blockchain enthusiasts. However, a new player has entered the arena, and it’s turning heads for all the right reasons: Furrever…

The post Bitcoin Price Back Within the Range: New ATH at $75,000 is Pre-Programmed appeared first on Coinpedia Fintech News The Bitcoin bulls are back! The BTC price clears a major hurdle and is ready to trigger a massive run, forming a new ATH. Besides, it was a huge day for the spot BTC ETF as the inflows recorded exceeded $400 million. Blackrock’s iShares Trust drawing nearly $260 alone. This is the eighth consecutive day of positive inflows, marking the…

On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently at a level that could suggest BTC to be underpriced. Bitcoin NVT Golden Cross Has Been Inside Oversold Region Recently As explained by an analyst in a CryptoQuant Quicktake post, the cryptocurrency could enter into a recovery phase based on the NVT Golden Cross reading. The “NVT ratio” is an indicator that keeps track of the ratio between the Bitcoin market cap and the network’s transaction…

Bitcoin has experienced a huge pump to the upside in a short period of time. Currently holding support at $65,000, is there more to come from $BTC, or is it now time for a pull-back, and some consolidation? Bitcoin’s fortunes change fast Bitcoin has been acting like a run-away train over the last few days. The German government selling has now gone, and Institutional money is pouring back into the Spot Bitcoin ETFs - eight straight days of inflows amount…

The post ETF Inflows Signal Explosive Bitcoin Run, Bulls Eye $70K Price Levels appeared first on Coinpedia Fintech News Bitcoin is experiencing a bullish trend reversal, evidenced by breaking out above key resistance levels in the short term. According to analyst Josh of Crypto World, this  reversal signals potential further upward movement, especially as buying pressure intensifies.  The recent developments in the cryptocurrency market have implications for Bitcoin’s future price movements. For example, Bitcoin ETFs saw net inflows exceeding $300…

The post Will Bitcoin (BTC) Price Hit New All-Time-High In July? appeared first on Coinpedia Fintech News Bitcoin (BTC) price has added a whopping $10k in the past two weeks to hover around $65.6k on Wednesday during the early Asian session. The flagship coin briefly reached $66k on Wednesday, thus reclaiming crucial support levels to guarantee bullish momentum ahead.  Furthermore, Bitcoin price regained both the 50 and 200-day Moving Averages (MAs) as a support level. With the daily Relative Strength…