Bitcoin

Recently, a CryptoQuant analyst using the pseudonym “datascope” provided insight into the relationship between Bitcoin price and the Long/Short Volume to Open Interest Ratio. According to the analyst, this ratio is a key metric for understanding market behavior and investor sentiment, making it a valuable tool for predicting potential price trends. The Long/Short Ratio And Its Role In Market Sentiment As investor sentiment shifts between optimism and pessimism, the Long/Short ratio measures the balance of the market’s long (buy) and…

With the start of the highly anticipated Uptober here, market experts have been super bullish on the Bitcoin future outlook. In line with this, a crypto analyst has identified a major catalyst that could propel Bitcoin to new all-time highs (ATHs) in the Fourth Quarter (Q4) of 2024.  Bitcoin Sets Sights On New ATH In Q4 Bitcoin has been on a roll these past few days, with its price skyrocketing towards the end of September after experiencing a decline earlier.…

If you've ever tried moving assets between blockchains, you've likely faced the frustration of managing multiple wallets, platforms, and third-party services. The lack of interoperability between networks like Bitcoin, Ethereum, and Solana results in higher fees, slower transactions, and unnecessary complexity. This is a significant issue that limits blockchain's full potential. Qubetics $(TICS) provides a solution by offering a Web3 Aggregated Chain that enables smooth, fast, cost-effective cross-chain transactions. The Qubetics $(TICS) presale has officially entered Stage One, presenting an…

The Bitcoin mid-September rally has slowed down leading up to the end of the month. Although it ended September at a green monthly candle close, the cryptocurrency has fallen below the psychological $65,000 price mark again, with the fear and greed index returning from greed to neutral sentiment. This seems to have caused some second-guessing among Bitcoin investors. However, CryptoQuant CEO Ki Young Ju is not entertaining any such thought. According to Ki Young Ju, Bitcoin is still in the…

Bitcoin (BTC), the largest cryptocurrency by market capitalization, recently celebrated a remarkable September, achieving a two-month high of $66,560 last Friday.  Although it fell short of its all-time peak of $73,700 in March, the strong performance in September has raised expectations for significant gains as the year draws close. Historical trends suggest that when Bitcoin ends September positively, the following three months often yield even larger returns. Best September Ever Could Lead To Major Year-End Rally Crypto expert Ali Martinez…

In an analysis shared on X, Kelly Greer, Vice President of Trading at Galaxy Digital, presents a compelling argument for why the Bitcoin price could surge to as high as $118,000 by the end of the year. Greer’s insights are grounded in a combination of historical performance data, current market dynamics, and broader macroeconomic factors, all of which she believes are aligning to create a highly favorable environment for Bitcoin. Here’s Why Bitcoin Could Skyrocket To $118,000 Greer begins by…

Crypto analyst Wisdom Matic has shared realistic price targets for Bitcoin (BTC), Dogwifhat (WIF), and Fantom (FTM). The analyst suggested that these coins would reach these price levels in this bull run, although he didn’t state when exactly it would happen.  Bitcoin, Dogwifhat, And Fantom To Reach These Price Targets Wisdom Matic predicted in an X post that Bitcoin would reach $80,000, Dogwifhat would reach $7, and Fantom would reach $2. He claimed these were realistic targets compared to other…

Data shows social media users had become overly excited about Bitcoin after the recent rally, which may be why BTC has retraced. Bitcoin Topped Out As Hype Around The Coin Shot Up According to data from the analytics firm Santiment, crowd sentiment around BTC has noted a sharp surge recently. The indicator of relevance here is the “Positive vs. Negative Sentiment Ratio,” which keeps track of the difference between the positive and negative comments related to Bitcoin that are being…

Bitcoin (BTC) sank further, dropping below $64,000 following a drop of 1.22% over the past 24 hours. The drop comes despite positive sentiments around the world’s largest cryptocurrency and an increase in spot Bitcoin ETF inflows. Major altcoins also faced considerable turbulence, with Ethereum (ETH), Solana (SOL), and Ripple (XRP) experiencing significant volatility.  However, SUI and Bittensor (TAO) emerged as top gainers, defying broader market sentiments. The crypto market cap also declined, dropping by almost 1% to $2.25 trillion. Altcoins…