Sun, November 17

Is Bitcoin Bull Run on the Horizon as BTC Retraces to $60K?

The crypto community rejoiced at a full-fledged price recovery in the last 24 hours. After a prolonged price slump over the past few weeks, leading cryptocurrencies retraced to their previous trading levels. Bitcoin returned to the spotlight as prices reached $60K in the Asian early morning hours of September 14. 

September 14, 2024 2 mins read

Can Bitcoin Overcome Resistance After Second Highest Weekly Close?

Bitcoin has achieved its second-highest weekly close ever, with massive ETF inflows emerging as a major bullish catalyst amidst being stuck in a bearish trap. On June 7, the Bitcoin price surged to $71,833, its highest price since May 21. However, it failed to reach the $72,000 resistance level due

June 10, 2024 2 mins read

Will Bitcoin Surpass $72K Resistance Level to Reach a New High?

Bitcoin bulls are struggling to sustain the price range between $ 69K-$71K range. The duel of bulls and bears fluctuates the BTC price but analyst predicts that sooner the asset may take up the bullish rally. The ignited record high of Bitcoin’s $94 trillion in global liquidity, that the worldwide

June 7, 2024 2 mins read

Can Bitcoin Soon Break Past the $68,000 Resistance?

Bitcoin (BTC), the leading cryptocurrency by market cap, hit close to its all-time high last month, fluctuating between $58,000 and $71,000. Currently trading at $67,668, BTC is struggling to break past the $68,000 mark amid a recent decline.  In the past 24 hours, BTC prices have dropped by 1.05%, with

June 1, 2024 2 mins read

Bitcoin Soars Above $68,500—Will It Reach All-Time High This Week?

Bitcoin (BTC) surged close to its all-time high, rallying nearly 8.5% to trade above $68,750 as of 7:25 a.m. IST on Tuesday. This marked the second consecutive day of gains for the cryptocurrency, driven by the anticipation of robust demand for exchange-traded funds (ETFs) at the beginning of the week.

March 5, 2024 2 mins read

Bitcoin Price Analysis: BTC Struggles to Break $30,000 Mark

Bitcoin (BTC) is facing headwinds as it struggles to sustain itself within the $30,350 range that it attained on Sunday. This failure of laying out a bullish breakout weighs down on the entire crypto market. Following multiple Bitcoin ETF filings, Bitcoin attempted to stage a fresh uptrend toward $31,000 at

July 24, 2023 2 mins read

Bitcoin (BTC) Enters Below $28K; Should Investors Worry?

The largest cryptocurrency in the world by market capitalization, Bitcoin (BTC), is having an unpleasant weekend after losing its key support level at $28,000. This has left exchange-traded fund investors uncertain about what will happen to Bitcoin after its dominant performance in 2023. At the time of writing, the BTC

April 24, 2023 2 mins read

Decoding Bitcoin Price Using Wyckoff Approach

The cryptocurrency market as a whole, including Bitcoin, has had a terrible 2022. Furthermore, Bitcoin, the world’s biggest cryptocurrency, lost approximately 65% of its market value in 2022. In the past 24 hours, Bitcoin price has witnessed nearly 6% rise as per CoinMarketCap. However, the price of Bitcoin has been

March 29, 2023 3 mins read

El Salvador’s Finance minister Downplays Bitcoin Price Fall Risk Associated

El Salvador’s government has bought 2,301 units of cryptocurrency in total. An $800 million bond issued by El Salvador is due in January 2023. Alejandro Zelaya, El Salvador’s finance minister, downplayed on Monday fears that a steep decline in the value of bitcoin may harm the economic health of the

June 14, 2022 1 min read

MicroStrategy at Loss of $330 Million on Bitcoin

MicroStrategy’s stock fell to a 20-month low of $140.20 in May. MicroStrategy accumulates large bitcoin holding more than 129,000 BTC. American-based company MicroStrategy a business intelligence now at a loss of $330 million on its Bitcoin investment. MicroStrategy’s most recent acquisition, disclosed in April, was 4,167 BTC valued at $190.5

June 13, 2022 1 min read