September 2024 proved to be a promising month for Bitcoin, marking an 11% price increase despite traditionally being seen as a bearish month for the cryptocurrency market. From September 1 to September 30, Bitcoin’s price demonstrated resilience, rising from around $57,000 to $63,537.86 at the close of the month, based on the latest market data. […]
Bitcoin closed out a strong September with a sharp decline, approaching the $63,000 level during the U.S. trading session on Monday. Analysts Claim Bitcoin Rally Will Come After US Elections Despite a month of gains for digital assets, Monday’s decline underscores growing concerns among options traders who expect further declines in the weeks leading up […]
Bitcoin price started a fresh decline below the $65,000 level. BTC is now testing the $62,850 support zone and might start another increase. Bitcoin is correcting below the $65,500 zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line with resistance at $63,500 on […]
Fed Chair Jerome Powell hinted at the possibility of additional rate cuts later in the year. The crypto market historically performs better during low interest rate environments. Despite the speech, Bitcoin and the crypto market continued their downtrend, with a general decline of 4.2% in the past 24 hours. The general crypto market continued on […]
Bitcoin’s recent rally faces obstacles with bearish signals in China and low retail participation, despite a 7% gain in September. Key Takeaways Bitcoin’s recent price surge is primarily driven by institutional investors, not retail. In spite of geopolitical tensions and market uncertainty, Bitcoin recorded a 7% gain in September. Despite Bitcoin’s rally near $66,000, key […]
Bitcoin (BTC) is showing signs of a potential parabolic rally in October. A combined reading of some on-chain metrics signals that the king coin is poised to move toward the $73,000 price mark. This analysis delves into these metrics and highlights what BTC holders need to know. Bitcoin Is the Talk of the Town The […]
Bitcoin (BTC) may not be able to sustain its bullish trend as some whales have made negative moves. It appears that selling pressure has started to increase on BTC, hindering a potential upward rally. Everyone is expecting more gains for Bitcoin, especially during the month of October, also known in the community as “Uptober.” However, […]
Crypto trader with 100% win rate nets $2.14 million in 7 weeks Ana Zirojevic Cryptocurrency Sep 30, 2024 Share As the cryptocurrency sector continues to grow and evolve, more crypto traders are making big profits, including one who recently netted a whopping $2.14 million over the course of a mere seven weeks by swing trading […]
If you bought the bitcoin dip, you’re definitely not alone. At least six companies — five of which are publicly traded — have snapped up bitcoin following its all-time high in March. MicroStrategy, Block, Metaplanet, Semler Scientific, OneMedNet and soccer team Real Bedford FC — owned by Bitcoin podcaster Peter McCormack — altogether bought an […]
Top 3 altcoins to turn $100 into $1,000 in October Andreja Stojanovic Cryptocurrency Sep 30, 2024 Share Though September started rough for stock and cryptocurrency investors, the latter parts of the month provided a strong prelude to October, or, as many within the community call the month, ‘Uptober.’ Indeed, multiple factors hint that the traditionally […]