Bitcoin price started a downside correction from the $50,450 zone against the US Dollar. The price is now trading above $46,500 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $49,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $48,500 support zone. Bitcoin price is correcting lower below $49,800 against the US Dollar. BTC might...
Read More »Bitcoin Price Reclaims $50K Again, but It’s Different This Time as Macro Factors Have Changed
CoinspeakerBitcoin Price Reclaims $50K Again, but It’s Different This Time as Macro Factors Have Changed Bitcoin price has registered more bullish sentiments before halving this cycle than any other in the past. Bitcoin Price Reclaims $50K Again, but It’s Different This Time as Macro Factors Have Changed
Read More »Popular Bitcoin Proponent Gabor Gurbacs Praises Satoshi Nakamoto’s Disappearance
CoinspeakerPopular Bitcoin Proponent Gabor Gurbacs Praises Satoshi Nakamoto’s Disappearance Due to the anonymity of the Bitcoin creator, many people have come forward to claim his fame. However, no one has successfully proved beyond reasonable doubt that they are Nakamoto. Popular Bitcoin Proponent Gabor Gurbacs Praises Satoshi Nakamoto’s Disappearance
Read More »BitMEX Co-founder Arthur Hayes Now Bullish on Bitcoin for 2024, Says BTC Price Can Hit $70K
CoinspeakerBitMEX Co-founder Arthur Hayes Now Bullish on Bitcoin for 2024, Says BTC Price Can Hit $70K Bitcoin has seen a lot of positive projections for 2024, partially because of the spot ETF approval. BitMEX Co-founder Arthur Hayes Now Bullish on Bitcoin for 2024, Says BTC Price Can Hit $70K
Read More »BlackRock CIO Hints at Boosted Bitcoin Allocation in Portfolios
CoinspeakerBlackRock CIO Hints at Boosted Bitcoin Allocation in Portfolios Rieder remains optimistic about Bitcoin's potential, citing the increasing acceptance of the cryptocurrency as an asset class. BlackRock CIO Hints at Boosted Bitcoin Allocation in Portfolios
Read More »Chinese New Year Can Fuel Bitcoin Price Rally Further, Analysts Eye $51,000
CoinspeakerChinese New Year Can Fuel Bitcoin Price Rally Further, Analysts Eye $51,000 On average Bitcoin price has rallied by 11% during the Chinese New Year. Analysts also expect the pre-halving market rally to continue with BTC price going to $51,000. Chinese New Year Can Fuel Bitcoin Price Rally Further, Analysts Eye $51,000
Read More »Rich Dad Poor Dad Author Declares Bitcoin as ‘Parachute’ amidst Bank Woes
CoinspeakerRich Dad Poor Dad Author Declares Bitcoin as ‘Parachute’ amidst Bank Woes The author of ‘Rich Dad, Poor Dad’ Robert Kiyosaki said in a recent tweet that the situation with banks account the world is concerning and that investors need to be prepared. Rich Dad Poor Dad Author Declares Bitcoin as ‘Parachute’ amidst Bank Woes
Read More »Bitcoin Halving 2024 Around 70 Days from Here but Miners Put Selling Pressure on BTC Price
CoinspeakerBitcoin Halving 2024 Around 70 Days from Here but Miners Put Selling Pressure on BTC Price As block rewards will reduce by 50% after Bitcoin halving in April 2024, BTC miners are selling heavily to finance the purchase of more efficient mining rigs. Bitcoin Halving 2024 Around 70 Days from Here but Miners Put Selling Pressure on BTC Price
Read More »MicroStrategy Accelerates Bitcoin Acquisition Ahead of Upcoming Halving, Now Holds 190k BTCs
CoinspeakerMicroStrategy Accelerates Bitcoin Acquisition Ahead of Upcoming Halving, Now Holds 190k BTCs MicroStrategy acquired extra 850 Bitcoins for $37.2 million in January despite the poor stock performance since the beginning of the year. MicroStrategy Accelerates Bitcoin Acquisition Ahead of Upcoming Halving, Now Holds 190k BTCs
Read More »Bitcoin Price Analysis: BTC Consolidates Below Key Resistance
Bitcoin price started a downside correction from the $43,850 zone against the US Dollar. The price is now trading above $42,800 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $43,320 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $42,200 support zone. Bitcoin price is correcting lower below $43,500 against the US Dollar. BTC...
Read More »