Bitcoin Analysis

After starting the week strongly, Bitcoin has recently seen a downturn. Currently priced at $66,500, Bitcoin has slipped by 4.5% in the past 24 hours. This decline may be linked to the U.S. government’s recent transfer of $2 billion in Bitcoin seized from the Silk Road operation. Veteran trader Roman Trading forecasts that Bitcoin might […]

Alan Santana’s recent analysis on TradingView suggests that Bitcoin may continue to face downward pressure, citing several key indicators. Santana emphasizes the importance of market psychology in predicting Bitcoin’s price movements. He notes that the current market sentiment lacks fear or panic, which typically accompanies market bottoms. According to Santana, this absence of negative emotions […]

Experienced trader Peter Brandt looks at a Bitcoin market structure that is similar to gold’s historical bull phases, suggesting the cryptocurrency could be on the verge of a serious 1/ Will the current Bitcoin chart become a daily chart fractal of …. Gold 2008-2009 Gold 2020-2024 pic.twitter.com/8kanoBzBk4 — Peter Brandt (@PeterLBrandt) June 18, 2024 In […]

Bitcoin’s recent price moves have caught traders’ attention, with technical analysis suggesting a potential bullish rally. At the time of writing, the price of Bitcoin is $67,200, with a daily trading volume of $38.7 billion. Despite the recent 1.3% drop, analyst Sjuul of AltCryptoGems pointed to a possible bullish “Cup & Handle” pattern forming on […]

Rekt Capital, a well-known figure in the cryptocurrency sphere, has provided insights into the trajectory of the Bitcoin price leading up to the upcoming BTC halving event. #BTC There is one Pre Halving Retrace left But history suggests it may take place in late March or April$BTC #Crypto #Bitcoin — Rekt Capital (@rektcapital) February 11, […]