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Bitcoin 5-Wave Bearish Pattern Hints at Possible 30% Drop in BTC Price: Here’s the Outlook

Bitcoin’s (BTC) price has experienced a clear 5-wave downward move, signaling the completion of an impulsive wave, according to technical analysis by MoreCryptoOnline.   This development, grounded in Elliott Wave Theory, sets the stage for the next move in Bitcoin’s price action, with two potential scenarios being considered. дальше »

2024-10-2 22:30


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Bitcoin STHs Supply Decreases By 1.31M BTC – A Sign Of Growing Confidence?

Bitcoin has remained above $60,000 for the past two weeks, holding strong as the broader crypto market bulges. This steady performance is fueling optimism among traders and investors alike.  According to key data from CryptoQuant, short-term holders are now selling for profit, leading to a notable decrease in BTC supply. This reduction in available BTC […] дальше »

2024-9-30 19:00


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Bitcoin Investors Grew By 3% When Prices Rose From $57,000 to $69,000: Donald Trump Effect?

Bitcoin is firm at spot rates but struggling to shake off the bears of the past two trading days. Looking at the formation in the daily chart, there are pockets of weakness. However, this might change should bulls push on, rejecting lower lows and reclaiming $70,000 and even $72,000. Trump Effect? New BTC Investors Rise […] дальше »

2024-8-1 07:30


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Massive Silk Road Bitcoin Stash Worth $2 Billion Moved By US Government

A crypto wallet labeled as belonging to the U.S. government transferred roughly $2 billion worth of confiscated Bitcoin (BTC) connected to the infamous Silk Road marketplace to a new unlabeled address — sending the price of Bitcoin lower and igniting investor concerns about selling the assets just two days after presidential hopeful Donald Trump’s promise […] дальше »

2024-7-31 00:54