Analyst Forecasts Bitcoin Bull Run Top With Time-Tested Indicator

Pi Cycle Top Indicator

In a video replace on YouTube, crypto analyst Rekt Capital delved into the dynamics of Bitcoin’s worth actions by way of the lens of the PI Cycle High Indicator, a predictive instrument that has garnered consideration for its historic accuracy in pinpointing the peaks of Bitcoin bull runs. Right here’s How Excessive Bitcoin Worth Might … Read more

3 Pivotal Zones That Could Sway BTC’s Next Move

Because the Bitcoin worth consolidates beneath the $60,000 threshold, the market has been characterised by a mixture of indicators and technical ranges, resulting in a divided forecast and heightened uncertainty. Blended Alerts Cloud Bitcoin Worth Trajectory In accordance to Bitcoin maximalist Mark Cullen, the present Bitcoin worth motion presents a fancy technical image. He means … Read more

Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals

Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals

Opeyemi is a proficient author and fanatic within the thrilling and distinctive cryptocurrency realm. Whereas the digital asset business was not his first alternative, he has remained completely drawn since making a foray into the area over two years. Now, Opeyemi takes pleasure in creating distinctive items unraveling the complexities of blockchain know-how and sharing … Read more

US Bitcoin ETFs Garner $2.4B In Q2 Inflows

The crypto market continues to be influenced primarily by broader macroeconomic situations, with the newest US Client Value Index (CPI) report offering a glimmer of optimism for danger property, together with cryptocurrencies. Crypto Awaits Fed’s Transfer In response to a latest Coinbase report, the marginally softer-than-expected July CPI print of two.9% year-over-year – the bottom … Read more

Bitcoin Bears in Control? Record Low Funding Rates on Binance Signal Market Shift

Bitcoin Bears in Control? Record Low Funding Rates on Binance Signal Market Shift

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content material author, journalist, and aspiring dealer, Edyme is as versatile as they arrive. With a knack for phrases and a nostril for developments, he has penned items for quite a few trade participant, together with AMBCrypto, Blockchain.Information, and Blockchain Reporter, amongst others. Edyme’s foray into the … Read more

Bitcoin Still At Risk Of Further Correction, CryptoQuant Head Says

Bitcoin Bull-Bear Market Cycle Indicator

The Head of Analysis on the on-chain analytics agency CryptoQuant has defined why Bitcoin could also be susceptible to seeing an additional drawdown. Bitcoin Is Nonetheless On Verge Of Bear Market In This Indicator In a brand new put up on X, CryptoQuant Head of Analysis Julio Moreno has mentioned the most recent development within … Read more

Silk Road Bitcoin Are ‘Almost Certainly’ Sold By US Gov: Lawyer

Bitcoin price

One other switch by the US authorities of initially seized Bitcoin from the infamous Silk Street has sparked widespread hypothesis on Wednesday, August 14. Blockchain analytics agency Arkham reported yesterday that 10,000 Silk Street BTC, valued at roughly $593.5 million, have been transferred to Coinbase Prime, a platform used primarily for institutional buyers. In response … Read more

Bitcoin Risks Further Decline As Bearish Death Cross Returns

Bitcoin 1

A crypto analyst has unveiled a brand new bearish loss of life cross for Bitcoin (BTC), the world’s largest cryptocurrency. In keeping with the analyst, Bitcoin is liable to additional value stalls earlier than any potential upward motion.  Bitcoin Prints One other Bearish Demise Cross In an X (previously Twitter) submit on August 15, a … Read more

Crypto Analyst Reveals What Could Drive The Bitcoin Price To $48,000

BTC 1

The Bitcoin value continues to commerce sideways, as uncertainties on the macro aspect have made traders undecided about their subsequent transfer. Crypto analyst Michael van de Poppe has offered insights into Bitcoin’s value trajectory and has raised the potential of the crypto dropping to as little as $48,000.  What May Make Bitcoin Drop To As … Read more