Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bitcoin
Here’s When Bitcoin Is Predicted To Break Its All-Time High If History Repeats
Following the Bitcoin price surge back to $64,000, crypto analyst Rekt Capital is predicting a major breakout move in the coming weeks. In a new video analysis, the analyst forecasts a significant market movement around October 2024, based on historical precedents and current chart patterns. Will October Be Bullish For Bitcoin Again? Looking at the weekly chart, Rekt Capital identifies a downtrending channel. Over the past four weeks, BTC has been deviating below this channel, searching for support that would…
10 months ago
Bitcoin Market Update: Analyst Sees 65% Chance Of Retest Before Surge To $68,000
Bitcoin (BTC) has regained significant momentum over the past week, breaking free from the $49,000 lows it reached during the broader market crash on August 5. Since the past seven days, the flagship cryptocurrency has surged over 8%, climbing above the critical $63,000 level and reaching as high as $65,000 on Sunday. This latest rally has crypto analysts optimistic about Bitcoin’s prospects for further upside, with some eyeing a potential move towards $68,000 soon. However, not all technical experts are…
10 months ago
10 Best Cryptos to Buy Now As Bitcoin Price Recovers
Bitcoin, the world's most popular cryptocurrency, has seen a significant increase in value in recent weeks. This has also increased interest in the cryptocurrency sector, as the crypto market typically follows Bitcoin’s price. And so, with the price of Bitcoin continuing to recover, the cryptocurrency market is bringing new opportunities to benefit from this upward trend. However, with so many options available, it can be challenging to determine which cryptocurrencies are worth investing in. That's why in this guide, we…
10 months ago
Experts See Bitcoin Breaking $70,000 — 5 Altcoins Poised for 1000% Growth on the Next Green Candle
Bitcoin is on the brink of shattering $70,000, capturing the attention of the crypto world. Alongside this peak, five lesser-known coins are predicted to skyrocket by 1000% with the next market surge. Discover which altcoins are poised for explosive growth and find out more about their potential in the rapidly evolving crypto landscape. TRON (TRX) TRON (TRX) is currently trading between $0.13 and $0.14, and despite recent mixed signals, the cryptocurrency is making strides. After a strong weekly gain of…
10 months ago
Bitcoin (BTC) holds above $63,000 – next bullish phase to come
The week closed with bullish overtones for Bitcoin. Managing to stay above the recently reclaimed $63,000 support, the $BTC price is consolidating here while the bulls are eyeing the top of the channel at around $68,000. A week of economic data to come The Spot Bitcoin ETFs saw a bumper inflow of $252 million on Friday - the seventh straight day of positive inflows. On the flip side of the coin, the U.S. government Bitcoin still remains that chilling spectre…
10 months ago
Crypto Market Shift: Bitcoin And Ethereum Whales Dump Their Bags For This Under $0.1 Token
The post Crypto Market Shift: Bitcoin And Ethereum Whales Dump Their Bags For This Under $0.1 Token appeared first on Coinpedia Fintech News The crypto market is experiencing a paradigm shift as top Bitcoin investors and Ethereum whales dump their BTC and ETH bags to buy the ETFSwap (ETFS) viral presale token, which veteran analysts forecast will surge 100x during the bull run. Bitcoin And Ethereum Whales Dump BTC And ETH For ETFSwap (ETFS) To Position For 100x Portfolio Gains…
10 months ago
Tags
BitcoinTags
BitcoinBitcoin Bulls Eye New ATHs Above $80K as ETFs See $250 Million Inflows, Highest Since July
The post Bitcoin Bulls Eye New ATHs Above $80K as ETFs See $250 Million Inflows, Highest Since July appeared first on Coinpedia Fintech News The rally in Bitcoin prices, which climbed above $64,000, was largely driven by expectations of a potential rate cut at the next Federal Reserve policy meeting scheduled for September 17th. Powell’s speech at the Jackson Hole Symposium confirmed that the Fed is considering adjusting its monetary policy, with the direction leaning toward easing. Bitcoin ETFs also…
10 months ago
Crypto Analyst Sounds Alarm: Here’s Why It’s Your ‘Last Chance To Buy Bitcoin’
Trying to time the Bitcoin bottom as the perfect time to buy is a pursuit for many cryptocurrency traders. As a result, crypto analysts have used various indicators in the quest to predict the best time to buy Bitcoin. This pursuit has not waned even with the BTC price hitting a new all-time high earlier this year, as crypto analyst R.N. Elliot has sounded the alarm for what he believes is the best time to buy the leading cryptocurrency. Time…
10 months ago
Crypto Markets Eye Key US Economic Events This Week as Bitcoin Clings to $64,000
Cryptocurrency traders and investors are closely monitoring key events on this week’s US economic calendar. As Bitcoin (BTC) maintains a price above $64,000, these events could trigger significant market fluctuations. The crypto market, largely driven by retail investors, remains susceptible to economic pressures and regulatory uncertainties. With these factors at play, traders are eager to see how the week unfolds. Key US Economic Events This Week Bitcoin is eyeing further gains, supported by the Federal Reserve’s recent dovish tone. This…
10 months ago