Category: Bitcoin (BTC) Price

Bitcoin Price to $5 Million? S2F Model Creator Explains His Long-Term Prediction

PlanB, a quantitative Bitcoin analyst and the creator of the popular stock-to-flow (S2F) model, is still very much bullish about the future of the leading cryptocurrency.  The drop in bitcoin’s price within the last three months has raised many questions among crypto traders and analysts on whether or not the bull market is still intact. […]

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Bitcoin Nears $40K Following a 25% 5-Day Increase (Market Watch)

Bitcoin Nears $40K Following a 25% 5-Day Increase (Market Watch)

It’s safe to say that Bitcoin had a spectacular few days followed by an impressive weekly close that could potentially spell further upside for the cryptocurrency. Not surprisingly, the rest of the market followed suit, and a lot of the altcoins are also in the green. Bitcoin Price Closes Strong Weekly Candle Likely propelled by […]

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Bitcoin Price Analysis: BTC Eyes Those Higher Targets After Superb Weekly Close

Bitcoin Price Analysis: BTC Eyes Those Higher Targets After Superb Weekly Close

BTC may have printed one of the most important weekly candle closes of the entire year, which could potentially lead to the start of a trend reversal. The previous week started with a false breakdown and snap back up, trapping bears who shorted the potential bottom at $29.2k. BTC then pushed above the near-term resistance […]

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Bitcoin spikes to $48K on Binance: $100M shorts liquidated in minutes

Bitcoin spikes to $48K on Binance: $100M shorts liquidated in minutes

Bitcoin prices are skyrocketing at the moment, with the digital asset surging as high as $40,000 on some exchanges. Futures prices went even higher with BTC tapping $48,000 on Binance futures. BTC futures, Binance – Tradingview.com According to Tradingview, Bitcoin has cranked 14% over the past 6 hours. It has currently retreated to trade at […]

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Bitcoin Spikes to 18-Day High, Crypto Market Cap Nears $1.5 Trillion (Market Watch)

Bitcoin Spikes to 18-Day High, Crypto Market Cap Nears $1.5 Trillion (Market Watch)

The bulls have resumed control over the market in the past few days and have pushed bitcoin to a near three-week high at almost $35,000. The alternative coins have also benefited from these developments, with ETH closing down to $2,200 and DOGE sitting at $0.20. Bitcoin Taps an 18-Day High Ever since bitcoin bottomed at […]

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Early Technical Signals Suggest a Larger Bitcoin Rally Potentially Coming (Price Analysis)

Early Technical Signals Suggest a Larger Bitcoin Rally Potentially Coming (Price Analysis)

Since the false breakdown below 30k and back up, BTC has shown signs of an early trend reversal. This week’s close (on Sunday – midnight) is definitely a one to watch closely, as it will likely determine the next major direction for BTC. The first bullish signal was the low volume close below $30k on […]

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Bitcoin Hit a Weekly High Around $33K: Crypto Markets Gained $230B in 3 Days (Market Watch)

Bitcoin Hit a Weekly High Around $33K: Crypto Markets Gained $230B in 3 Days (Market Watch)

After charting a $3,000 surge in a day, BTC continued slightly upwards again in the past 24 hours and reached a weekly high at approximately $33,000. Most alternative coins are in the green as well, with ETH nearing $2,100 and Polkadot registering a 7% increase. Bitcoin Touched $33K After the Monday crash in which the […]

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Analyst: Bitcoin Market Oversold and Ready for Major Bounce

Analyst: Bitcoin Market Oversold and Ready for Major Bounce

At the time of writing, Bitcoin prices had reclaimed the $33,000 level for the first time in over a week. The king of crypto has made 1.5% on the day, building on yesterday’s momentum following a week of selling pressure. Major Bounce Coming? Analyst ‘CRYPTO₿IRB’ [@crypto_birb] has observed that there has been a complete reset […]

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Mysterious Bitcoin Whale Who Sold at $60K Bought Over 17K BTC Between $30-39K

Mysterious Bitcoin Whale Who Sold at $60K Bought Over 17K BTC Between $30-39K

One of the more interesting wallets to look at is the third-largest BTC address. While there are many speculations about its owner, it’s currently anyone’s guess as to who it is. We know this whale entity has a priority of accumulating BTC. The BTC address we’re looking into in this analysis is 1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ. For short, […]

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Bitcoin Price Analysis: After Reclaiming $30K, BTC Now Facing 7-Month Long Resistance

Bitcoin Price Analysis: After Reclaiming $30K, BTC Now Facing 7-Month Long Resistance

Earlier this week, BTC made a daily close below the critical support at $30k, which can be seen as a bearish technical signal. On that day (Tuesday), the aggregate volume was significantly lower than previous drawdowns such as the May 19th selling climax when the volume clocked in at $38.5B compared to the $4.8B we […]

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