You Searched For "bitcoin price analysis" and got 20 results
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2 mins read
Bitcoin enters make-or-break mode amid sharp sell-off as key technical levels come into focus
"The long-term outlook remains bullish, supported by an upward sloping 200-day moving average," tec…
Matthew Fox
2 mins read
Crypto miners used the same amount of electricity as all of Australia last year
In the US alone, crypto mining uses 0.6% to 2.3% of the country's electricity demand — as much as e…
Aruni Soni
1 min read
Bitcoin is closing in on key resistance level that could signal nearly 30% upside ahead, according to a technical analyst
"Once initial resistance is cleared, which we expect beyond the very near term, targeted resistance…
Matthew Fox
2 mins read
Bitcoin dips below $19,000 in broad crypto sell-off as Three Arrows liquidation sends ripples through the market
The risk asset sell-off and the liquidation of troubled hedge fund Three Arrows Capital helped driv…
George Glover
1 min read
Bitcoin is stabilizing but could still fall 24% if it breaks below this key support level, technical analyst says
"If initial support is broken, important long-term support will likely be tested, near $37.0K," Fai…
Matthew Fox
2 mins read
Bitcoin could soar to $180,000 before the April 2024 halving as potential BlackRock ETF helps drive demand, Fundstrat says
"We anticipate [a bitcoin ETF] would attract new investors and generate increased demand for bitcoi…
Matthew Fox
1 min read
Bitcoin's short-term momentum turns positive as latest rally bucks equity sell-off, according to Fairlead Strategies
"We expect short-term overbought conditions to be weathered long enough for a test of minor resista…
Matthew Fox
2 mins read
Bitcoin could hit $100,000 by 2023 as the cryptocurrency's latest rally draws momentum traders, Fidelity director says
"This is actually is a pretty sustainable move and it's not a bubble that's about to burst," Jurrie…
Matthew Fox
1 min read
Bitcoin's successful test of support in weekend sell-off puts it back on track to rise 53% from current levels, Katie Stockton says
"We expect bitcoin to confirm a breakout above $64,900 in its next upmove, which would then target …
Matthew Fox
2 mins read
These are the 3 main drivers behind bitcoin's 35% rally over the past week, according to JPMorgan
"The re-emergence of inflation concerns among investors has renewed interest in the usage of bitcoi…
Matthew Fox
1 min read
Bitcoin's failed breakout means it could fall an additional 12% if it drops below key $58,000 support level, technical analyst says
"Short-term oversold conditions are within reach for bitcoin ... so we would look for [the] pullbac…
Matthew Fox
1 min read
Bitcoin reclaims $1 trillion market value as risk-on rally clears path for potential 20% upside
Bitcoin last sported a $1 trillion market valuation on May 10, according to data from CoinMarketCap.
Matthew Fox
1 min read
Bitcoin falls 5% after rallying above $42,000 to its highest price since May
"It seems we're seeing some profit-taking in bitcoin after the crypto broke $41,000 - a level it's …
Isabelle Lee
2 mins read
Bitcoin surges 9% as it punches through 2 key technical resistance levels
Bitcoin's Friday surge helped the cryptocurrency reclaim its widely followed 50-day and 200-day mov…
Matthew Fox
2 mins read
Bitcoin tumbles towards $60,000 after China fires another warning at crypto miners and Biden's $1 trillion infrastructure bill becomes law
Bitcoin tumbled towards $60,000 on Tuesday after Joe Biden's infrastructure bill was signed into la…
Camomile Shumba
1 min read
Bitcoin could find its footing if it holds the $34,000 level, a technical analyst says
If bitcoin is able to reclaim its 20-day moving average near $36,000, it would be a short-term bull…
Matthew Fox
1 min read
Bitcoin is flashing signals that point to a 26% jump in the next week, an analyst says
Underpinning GlobalBlock's prediction is the Bollinger Bands indicator, which has been at its tight…
Isabelle Lee
2 mins read
The number of active bitcoin addresses has rebounded to near-record highs, new data shows
On May 8, the number of active bitcoin addresses hit 1.229 million, just shy of the all-time record…
Will Daniel
2 mins read
Bitcoin nears $70,000, while ether eyes $5,000 as the rally extends into a fourth day, aided by a weaker dollar and upbeat investor sentiment
Ether and bitcoin rallied on Tuesday to record highs off the back of a weaker dollar, taproot upgra…
Camomile Shumba
1 min read
Bitcoin successfully tests key support level near $40,000 but crypto positioning remains risk-off
Once the current pullback in bitcoin matures, Katie Stockton expects the recent peak near $53,000 t…