Tag Archives: btcusd

CoinspeakerBitcoin Traders Anticipate Bullish Price Jump to $64,000 as BTC Spot ETFs Continue to Accumulate Heavy Inflows Bitcoin is now poised to scale its all-time high as traders are bullish, and anticipate a price jump following the performance of spot ETFs. Bitcoin Traders Anticipate Bullish Price Jump to $64,000 as BTC Spot ETFs Continue to Accumulate Heavy Inflows

Bitcoin’s price has finally created a new higher high, following weeks of consolidation and correction. This has caused many investors to believe that a new all-time high will be created in the upcoming months. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has broken above the key $48K resistance level after a previous rejection. Bitcoin is currently targeting the $52K resistance level in the short term. Meanwhile, the Relative Strength...

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

CoinspeakerBitcoin Traders Snap Up Options at $65K and Above on Deribit The surge in options trading at prices exceeding $65,000 on Deribit reflects the growing confidence among traders in Bitcoin's potential for further gains. Bitcoin Traders Snap Up Options at $65K and Above on Deribit

Many industry experts have given their two cents on the future of the crypto market in the next 12 months, and most of them lean bullish. The most common reason is Bitcoin. In April 2024, the cryptocurrency will go through its pre-programmed halving, which will slash block rewards in half. This means that the supply available for miners to sell will effectively decrease by 50%. If the demand for it remains the same or it increases, the price will go up – that’s how markets...

Bitcoin (BTC) broke a two-year high above $50,000 on Monday – the highest recorded price for the leading digital currency since December 2021. The coin’s surge was accompanied by $191 million in liquidations across the crypto market within the past 24 hours. According to Coinglass, over $36 million in crypto shorts have been liquidated in the past hour alone. Across the day, over 57,000 traders have been liquidated. The largest liquidation, however, was for an ETH-USD swap on...

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 

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

Last week, Bitcoin managed to recover a substantial portion of the ETF-induced losses that occurred in the two weeks after their approval but then stalled at around $43,000 for several consecutive days. In fact, the asset remained at around that level from last Thursday to this Wednesday with little to no actual movements. That, though, started to change on Wednesday evening when the bulls finally stepped up on the gas and initiated an impressive leg up that resulted in...

CoinspeakerSpot Bitcoin ETF Attracts $403M in Net Inflows on February 8 The surge in net inflows into Bitcoin ETFs reflects a growing acceptance and integration of Bitcoin into mainstream investment portfolios. Spot Bitcoin ETF Attracts $403M in Net Inflows on February 8