Bitcoin

The post Bitcoin Price Prediction: Market Reset Complete, Bullish Relief Fades; Next Target: $70K appeared first on Coinpedia Fintech News Bitcoin is once again at a crucial support level, facing a critical test that could shape its short-term future. Analysts are closely watching as Bitcoin repeats familiar patterns, hinting at the possibility of a major move.  Analyst Josh of Crypto World said that Bitcoin has been in a bearish trend, as indicated by the Super Trend indicator on the 4-day…

The post Justin Sun Moves Millions in Bitcoin to Binance, What’s cooking? appeared first on Coinpedia Fintech News Bitcoin (BTC) the world’s biggest cryptocurrency has maintained its position above the $60,000 level for four consecutive trading days and is currently consolidating within a tight range. Amid this consolidation, Justin Sun the founder of HTX and TRON has gathered widespread attention due to his significant BTC transfer to Binance. Justin Sun moved $30 million BTC to Binance On August 11, 2024,…

Crypto analyst Benjamin Cowen recently discussed the impact of the death cross indicator, which has appeared again on Bitcoin’s chart. Thanks to this indicator, the $62,000 price level has become crucial to Bitcoin avoiding another price crash. Cowen noted in a video posted on his YouTube channel that Bitcoin is at risk of dropping lower if it fails to hold above $62,000 heading into the Death Cross. Bitcoin had rallied to as high as $62,000 after recovering from its price…

The price of Bitcoin has continued to maintain an impressive recovery trajectory following an earlier dip in the week, which saw the asset trade below the $50,000 price mark. The crypto market leader was greatly affected by a widespread decline in the global financial markets, losing over 16% of its market value, due to fears of a potential recession in the US, among other factors. However, as Bitcoin now hovers around $60,000, market experts and analysts have continued to roll…

The post Bitcoin Longs Worth $1.32 Billion at Risk if Price Dips Below $59,000 appeared first on Coinpedia Fintech News Bitcoin (BTC) the world’s biggest cryptocurrency has been moving sideways continuously for the last 48 hours. This sideways movement in BTC is causing billions of dollars worth of short-term long positions to be at risk of liquidation due to high leverage. $1.32 billion BTC Positions at Risk of Liquidation  According to the on-chain analytic firm CoinGlass, over $1.32 billion worth…

The post MicroStrategy’s Bitcoin Holdings: Unraveling a High-Stakes Investment Strategy appeared first on Coinpedia Fintech News Recently, an announcement made by microstrategy microstrategy Business Intelligence executive chairman michael saylor michael saylor Micheal J Saylor is the greatest visionary in the Information Systems industry. An enthusiastic blockchain influencer and a splendid leader. He believes that prudent institutional investors should only consider trusting a crypto-asset network after it has operated reliably for at least ten years without a hard fork.   He…

The post Crypto Market Prediction: Bitcoin Set to EXPLODE, Analyst Predicts “Crazy” New All-Time High appeared first on Coinpedia Fintech News Bitcoin has ignited a fresh wave of excitement in the cryptocurrency market, surging past the $60,000 mark and briefly touching $62,600. This 25% rally in just over three days has caught investors and analysts off guard, especially after Bitcoin’s recent volatility. What’s driving this sudden price explosion? And is this just the beginning of a new bull run? Read…

The post Bitcoin Nears Death Cross While These Two Altcoins Thrive appeared first on Coinpedia Fintech News Is Bitcoin back on track? Analysts are watching the $62,000 level closely and if Bitcoin can flip this into support, it could avoid a steep decline, much like it did in 2023. However, if it fails to hold, we might see some downside pressure until macroeconomic conditions shift, especially with changes in U.S. interest rates. Two Altcoins To Focus On There are bullish…

Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen disclosed in a series of posts on X that Bitcoin faces what traders call a “death cross”—a technical chart pattern that could signal either a potential recovery or further losses. However, BTC’s only ability to avoid the further plunge hinges on a notable key…