Bitcoin

Bitcoin price gained pace above the $62,500 resistance. BTC even cleared the $63,200 level and is now consolidating gains above $63,500. Bitcoin is gaining pace above the $63,200 resistance zone. The price is trading above $63,400 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $63,220 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend gains if it stays above the $62,500…

As October approaches, investors are looking ahead to what the month will bring this time around for Bitcoin and the entire crypto industry. Historically, October (often referred to as “Uptober”) has been a month of significant upward momentum for Bitcoin since the crypto’s creation. With the previous year’s October seeing impressive gains and kickstarting a strong bull run, many investors are keenly analyzing market trends to predict where Bitcoin might be headed this time around. Historical Context Of Uptober And…

The world of cryptocurrency continues to evolve with BlackRock's recent introduction of a Bitcoin Exchange-Traded Fund (ETF). This groundbreaking move has the potential to settle long-standing volatility in the crypto markets, particularly for Bitcoin (BTC) and Ethereum (ETH). As traditional finance giants like BlackRock enter the scene, the ripple effects are likely to touch emerging tokens, including the AI-powered meme coin, GoodEgg (GEGG). Could this new ETF be the catalyst for a seismic shift, pushing GoodEgg (GEGG) to new heights?…

As the cryptocurrency market continues to experience high volatility, a new trend is emerging. A well-known celebrity investor, famous for making waves in the crypto world, has reportedly drawn down significant investments from Bitcoin (BTC) and Ethereum (ETH) to enter a new presale sensation: GoodEgg (GEGG). This AI-driven meme coin, combining social scoring with decentralized finance (DeFi), is now attracting attention from both retail and institutional investors alike. Could this be the next big player in the crypto ecosystem? The…

In a significant move for the cryptocurrency market, the U.S. Securities and Exchange Commission (SEC) has approved options trading for major digital assets, including Bitcoin (BTC) and Ethereum (ETH). This new development has sent shockwaves through Wall Street, where traders are now anticipating a 38% surge in the prices of Bitcoin (BTC), Ethereum (ETH), and the fast-rising AI meme coin, GoodEgg (GEGG). With institutional investors eager to capitalize on the newfound opportunities, the crypto landscape is poised for another massive…

Bitcoin has once again set its sights on higher price targets, recently surpassing $63,000 as bulls dominate the market. As Bitcoin continues its upward trajectory, altcoins like R4RE are gaining attention, riding on the coattails of Bitcoin’s success. With R4RE’s recent partnership with Formula E and its unique tokenomics, the project is aiming for a $100M market cap, making it one of the top altcoins to watch in 2024. Bitcoin’s Bullish Momentum Spurring Altcoin Growth Bitcoin’s recent push past the…

The latest on-chain data shows that a particular class of Bitcoin investors has been selling for profit in the wake of the recent price rally. The question here is — how much did they sell and how much impact could it have on the Bitcoin price trajectory? Bitcoin Whales Dump 30,000 BTC In Four Days — Impact On Price? In a new post on the X platform, prominent crypto pundit Ali Martinez revealed that Bitcoin whales have been increasingly active…

Bitcoin (BTC) could be gearing up its last explosive rally of a four-year market cycle, which traditionally kicks off at the beginning of a halving event and culminates just before the next one. A crypto analyst has boldly predicted that the price of Bitcoin could surge to $200,000 and above, marking new All-Time Highs (ATHs) and the peak of the long-awaited bull market.    Bitcoin Enters Final Pump Stage  On September 19, ‘Stockmoney Lizards,’ a crypto analyst took to X (formerly…

Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies.  Notably, this rally was already predicted by a few crypto analyst through technical indicators. One of such is Ali Martinez, who is a master of the TD Sequential.…