Bitcoin

The post Bitcoin’s Roadmap To $70k: Top Analyst Predicts Bitcoin Trends for October, November, and December appeared first on Coinpedia Fintech News Bitcoin is down 9 percent this month. The big question is whether this is just normal price movement or if something else is going on. According to analyst Rekt Capital, this kind of downward trend is not unusual for September.  Historically, Bitcoin has had similar declines in September over the years, with drops ranging from 5% to 12%…

The post Crypto Market Stagnation Is to End Soon – Experts Predict 200x Growth in These Altcoins if Bitcoin Nears $100K appeared first on Coinpedia Fintech News The crypto market has been stuck in a lull for some time, but this may change abruptly. Leading analysts are forecasting a potential massive spike in certain altcoins. These experts believe that if Bitcoin hits the $100K mark, some smaller cryptocurrencies could skyrocket up to 200 times their current value. Stay tuned to…

With Bitcoin (BTC) poised for recovery, experts suggest that this bullish momentum could provide a significant boost to several altcoins, including Uniswap (UNI), Mpeppe (MPEPE), and Solana (SOL). Each of these projects is uniquely positioned to ride the wave of Bitcoin (BTC)’s resurgence, and their ecosystems offer compelling reasons for investors to pay close attention. Let’s dive into how Bitcoin (BTC)’s recovery could positively impact these three altcoins. Uniswap (UNI): The Decentralized Exchange Leader Positioned for Growth As one of…

The post Bitcoin Fear & Greed Levels Hit 2021 Bear Market Lows: Could $220K Be Next? appeared first on Coinpedia Fintech News Bitcoin’s Fear & Greed Index has plunged to levels not seen since the 2021 bear market, despite Bitcoin’s current price being four times higher. Back in 2021, when the index was this low, Bitcoin was trading at $15 to 17k before skyrocketing to an all-time high of $69k. Now, with the Fear & Greed Index hitting similar lows,…

The post Bitcoin News Today: How Corporate and Government Bitcoin Reserves Impact the Market appeared first on Coinpedia Fintech News Companies -both public and private – and governments hold large Bitcoin reserves. MicroStrategy, a public company, owns around 226,500 Bitcoins. Similarly, the US government holds over 207,189 Bitcoins. At a time when the market is expecting a recession, it is important to have a clear understanding of the influence of large Bitcoin holders on the Bitcoin price. Bitcoin Holdings by…

The post Bitcoin Short Squeeze Alert: BTC Price Pump to $59k Around the Corner? appeared first on Coinpedia Fintech News The recent Bitcoin (BTC) price rally above $56k has raised expectations of further crypto rebound in the coming days. Bitcoin’s daily Relative Strength Index (RSI) has been forming a bullish divergence amid the rising demand from whale investors.  Furthermore, the US spot Bitcoin ETFs posted a net cash inflows of about $28 million on Monday, led by Fidelity’s FBTC. Additionally,…

A 50 basis points (bps) interest rate cut by the US Federal Reserve (Fed) starting this month might adversely affect Bitcoin (BTC) price, 10x Research cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back in March 2022 to contain rampant inflation due to COVID-related supply chain bottlenecks and money printing, the Fed is now set to commence slashing interest rates to stimulate the economy. However, there is a possibility that by initiating…

The cryptocurrency world has been buzzing with excitement as a long-dormant Bitcoin whale, inactive for the past nine years, suddenly came back to life. In an unexpected move, the whale’s first transaction wasn’t to accumulate more Bitcoin but to scoop up a massive amount of Rexas Finance (RXS)—a new, trending Solana (SOL) alternative that has been shaking the world of finance since its presale began. This bold move has caught the attention of investors and analysts alike, leading many to…

The Bitcoin bulls are back, but a return to $51,000 first is not off the cards. Legendary trader Peter Brandt recently published a Bitcoin chart on X calling for $150,000 $BTC. That said, $BTC is not out of the woods yet, at least in the shorter term. Bulls and billionaires It could be that Bitcoin has already found the bottom, or is close to it for this long 6 month correction. Might $49,000 end up being that bottom? Unless there…