The Bitcoin price action is raising concerns after a failed attempt to push past critical resistance levels, with bearish signals now emerging. According to an analysis shared on TradingView by the analyst RLinda, Bitcoin could be on the way to reversing last week’s gains and correcting heavily due to the formation of a bearish engulfing […]
Bitcoin’s bullish momentum seeking ‘euphoric’ market shift – Glassnode
Bitcoin (BTC) is showing the first signs of positive price momentum since June, as it attempts to convincingly break the $69,000 price zone and shift to a “euphoric bull market.” According to Glassnode’s latest “Week Onchain Newsletter,” the recent rally has seen Bitcoin’s spot price break through key technical and on-chain price levels, pushing many […]
BTC Approaches Crucial Retest: Will the Tenkan Line Hold?
Bitcoin is retesting the Tenkan line, a crucial level in Ichimoku analysis, which could lead to a bounce or a decline. The lagging span and trendline are providing significant support, indicating potential price stabilization for Bitcoin. If Bitcoin fails to hold the Tenkan line, the trendline and Kijun line are the next critical levels to […]
Expert warns Bitcoin’s ‘Uptober will end as Downtober’
Expert warns Bitcoin’s ‘Uptober will end as Downtober’ Paul L. Cryptocurrency Oct 23, 2024 Share Bitcoin’s (BTC) push to realize the ‘Uptober’ momentum is fading as the asset has struggled to claim the $70,000 mark. This grim projection is now backed by technical indicators that signal more downside for Bitcoin at the end of October. […]
Here’s why a Bitcoin smart trader is buying BTC right now
Bitcoin (BTC) is down slightly below the $66,000 mark after briefly touching the $69,500 level on October 21. This three-day $4,000 crash created a buying opportunity, according to a Bitcoin smart trader who accurately predicted this target. In particular, a prominent trading expert with a good track record, CrypNuevo, warned his followers Bitcoin could break […]
‘Rich Dad’ R. Kiyosaki reveals the best thing to do with Bitcoin in October
‘Rich Dad’ R. Kiyosaki reveals the best thing to do with Bitcoin in October Andreja Stojanovic Cryptocurrency Oct 23, 2024 Share Robert Kiyosaki, the prominent investor and famous author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has been an ardent proponent of Bitcoin (BTC) since at least 2017. He has also been […]
Bernstein Sets Fresh Bitcoin Price Target at $200K, Describing It “Conservative”
Analysts at Bernstein, a leading brokerage and research firm, foresee Bitcoin reaching $200,000 by the end of 2025, a target described as “conservative.” The analyst highlighted Bitcoin’s potential as a “store of value,” given its fixed supply and ongoing economic uncertainties. With the U.S. national debt exceeding $35 trillion and persistent inflation risks, Bitcoin is […]
Analyst sets the blueprint for Bitcoin’s next ‘parabolic rally’
Bitcoin (BTC) has surged 7% over the last two weeks, rallying from $59,400 to $69,300. This sharp recovery has reignited market optimism, with an analyst identifying several key factors suggesting a potential bullish breakout for Bitcoin. With the U.S. Presidential election just two weeks away, traders and analysts are closely watching how key events, such […]
VALR launches Futures Trade Arena with performance-based prize pools
VALR launches Futures Trade Arena with performance-based prize pools Marko Marjanovic Cryptocurrency Oct 23, 2024 Share VALR, a Pantera-backed cryptocurrency exchange, has launched the Futures Trade Arena, a new trading platform that rewards participants based on their Return on Investment (ROI) and Profit and Loss (PnL) performance, as confirmed to Finbold on Wednesday, October 23. […]
Bitcoin Potentially Breaking Out of Range As Three Indicators Flash Bullish for BTC, Says ARK Analyst
An ARK Invest analyst is saying that three indicators are currently flashing bullish for Bitcoin (BTC). ARK analyst David Puell tells his 68,900 followers on the social media platform X that there have been “interesting market events in the last few weeks” signaling a potential Bitcoin breakout. He also says that Bitcoin appears to printing […]