Standard Chartered Predicts Bitcoin Likely to Break $88,500 This Weekend

Standard Chartered predicts Bitcoin could break $88,500 this weekend, driven by strong tech stock performance and the upcoming U. S. jobs report, signaling Bitcoin's growing role in traditional finance.

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S&P 500 Enters Correction Territory, What Does This Mean For Bitcoin?

Historical analysis on S&P 500 and bitcoin corrections.

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Bitcoin (BTC) Decouples From S&P 500: Details

Leading cryptocurrency Bitcoin (BTC) breaks free from S&P 500, but what does this mean for investors?

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Bitcoin Price $95K Plateau: What’s Next for Crypto?

Bitcoin prices consolidate near the $95,000 level. BTC must clear the $96,500 resistance zone to attempt a fresh increase in the near term. Bitcoin is holding gains above the $93,500 zone. The price is trading below $96,500 and the 100 hourly Simple moving average.

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BlackRock’s Bitcoin ETF (IBIT) Now Holds Over 500,000 BTC

BlackRock’s Bitcoin ETF now holds over 500,000 BTC, underscoring Bitcoin’s rise in TradFi but raising alarms about decentralization risks. The post BlackRock’s Bitcoin ETF (IBIT) Now Holds Over 500,000 BTC appeared first on BeInCrypto.

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Bitcoin’s weekend slide triggers $500M liquidations, XRP and DOGE lead the plunge

Bitcoin (BTC) experienced a sharp price decline, falling from last week’s high of $98,500 to a low of $95,500 during late US trading hours on Sunday. The 3. 5% drop marked a technical pullback driven by profit-taking as the token approached the significant $100,000 milestone.

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Bitcoin Hits $64,500 to Begin the Week With a Bang

Bitcoin surged past $64,500 early Monday driven by renewed optimism around potential Chinese economic stimulus and increasing demand for Bitcoin.

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Bitcoin rises 3% as S&P 500’s hits all-time high

Bitcoin increased by 3% reaching $62,400 as the S&P 500 hit a record high of 5819, reflecting strong market optimism. The post Bitcoin rises 3% as S&P 500’s hits all-time high appeared first on Crypto Briefing.

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Bitcoin Data Suggests Strong Upside Potential As BTC Delivers $264M In Average Net Profit

Bitcoin is now trading at a crucial level following a 5% dip from its recent local highs of around $66,500. The entire crypto market is experiencing volatility, yet investors remain optimistic about the months ahead.

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Metaplanet Buys Another 107 Bitcoin, Pushing Stock-BTC Ratio to 20%

The firm now holds over 500 bitcoin after a first tranche of purchases in April.

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Bitcoin Price Turns Red: Risk of More Losses as $55K Test Looms

Bitcoin price failed to start a recovery wave above the $61,500 resistance zone. BTC started another decline and might dive toward $55,000. Bitcoin started a fresh decline and traded below the $58,500 zone.

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Bitcoin Price Resurgence: Ready for Another Upswing?

Bitcoin price stayed above the $68,500 support zone. BTC is now consolidating and might aim for a fresh increase above the $70,150 resistance. Bitcoin found support near $68,500 and started a decent recovery wave.

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Bitcoin Price Stuck In Key Range, What Could Spark Major Move?

Bitcoin price managed to stay above the $60,000 support. BTC recovered and is now facing hurdles near the $63,500 resistance zone. Bitcoin seems to be trading in a range between $60,000 and $63,500.

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Bitcoin Price Dips Again, Is This A Fresh Bearish Signal?

Bitcoin price failed to clear the $65,500 resistance. BTC is now moving lower and there are a few bearish signs emerging below the $63,500 level. Bitcoin started a fresh downside correction and traded below $63,500.

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Bitcoin Price Extends Increase, Why Dips Turned Attractive In Short-Term

Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500. Bitcoin gained pace for a move above the $65,500 resistance zone.

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Bitcoin Price Gearing For Another Lift-Off to $72.5K: Dips Turn Attractive

Bitcoin price found support near $67,500. BTC started a fresh increase and might soon revisit the $72,500 resistance zone in the near term. Bitcoin retested the $67,500 support zone before it started a fresh increase.

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1,500 Bitcoin Millionaires Per Day After All-Time Highs

Amidst Bitcoin's stellar rally, around 1,500 wallets daily achieve millionaire status, marking a notable shift in the cryptocurrency landscape, though growth remains below 2021 peaks. The post 1,500 Bitcoin Millionaires Per Day After All-Time Highs appeared first on BeInCrypto.

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Analysts’ Predictions Peg Bitcoin’s (BTC) Price at $500,000 in 2025

Experts predict that the Bitcoin halving and ETF approvals will cause Bitcoin to to reach between $100,000 and $500,000 in 2025. The post Analysts’ Predictions Peg Bitcoin’s (BTC) Price at $500,000 in 2025 appeared first on BeInCrypto.

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Bitcoin Price Sprint to $40,000 – Can It Happen Soon Before EOY?

Bitcoin price is consolidating above the $37,500 support zone. BTC could attempt a strong increase if there is a clear move above the $38,400 resistance. Bitcoin is still struggling to clear the $38,500 resistance zone.

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Bitcoin Price Consolidates – Why 100 SMA Could Spark Fresh Increase

Bitcoin price failed again to clear the $38,500 resistance zone. BTC is consolidating above the 100 hourly SMA and might attempt another increase. Bitcoin is still facing heavy resistance near the $38,500 zone.

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Bitcoin Price Avoids Collapse But Can Bulls Clear This Major Hurdle?

Bitcoin price trimmed losses and climbed above $37,750. BTC gained pace but it is still struggling to clear the $38,500 resistance zone. Bitcoin is again facing heavy resistance near the $38,500 zone.

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Bitcoin skyrockets beyond $30,000 amid massive short liquidations

Quick Take On Friday, Oct. 20, Bitcoin breached the $30,000 mark first time since August, edging within touching distance of its Year-to-Date (YTD) high in July at roughly $31,500. The resilience of the cryptocurrency was especially noteworthy, given the backdrop of prevailing geopolitical uncertainty, indicating a mystifying market behavior.

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Analysts Say the S&P 500 Is Oversold While Bitcoin Targets $22,000

In anticipation of the FOMC decision, market experts forecast potential shifts in the S&P 500 and Bitcoin's trajectories, underlining economic challenges and looming uncertainties influencing both.

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Bitcoin Price Sees Technical Correction, Here’s What Could Propel It Back To $28K

Bitcoin price climbed higher and tested the $27,500 resistance. BTC is correcting gains, but it could start another increase unless there is a move below $26,500. Bitcoin is holding gains above the $26,500 support level.

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Bitcoin Price Could See Downside Thrust Before The Bulls Take A Stand

Bitcoin price is struggling to recover above $26,200. BTC is again moving lower and there could be a sharp decline below $25,500 in the near term. Bitcoin failed to recover above the $26,200 and $26,500 levels.

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Bitcoin Price Still Vulnerable Unless It Surges Past $26,500

Bitcoin price is attempting an upside break above the $26,200 resistance. BTC must clear $26,200 and $26,500 to start a decent recovery wave. Bitcoin is still struggling to clear the $26,500 resistance zone.

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Bitcoin Price Relatively Muted, What Are Chances of Recovery?

Bitcoin price is stuck in a tiny range above the $25,900 support.  BTC could start a decent increase if there is a close above $26,200 and then $26,500. Bitcoin is struggling to clear the $26,500 resistance zone.

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Bitcoin Price Could Range Trade Before The Next Big Move

Bitcoin price is consolidating above the $25,500 level. BTC could start a decent increase if there is a close above the $27,000 resistance. Bitcoin is struggling to clear the $26,500 resistance zone.

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Bitcoin Price Could Restart Increase As The Bears Lose Steam

Bitcoin price is consolidating above $29,500. BTC could start a decent increase if it clears the $30,200 resistance zone in the near term. Bitcoin is struggling to gain bullish momentum from the $29,500 level.

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Bitcoin Bulls Keeps Pushing, Why Fresh Increase To $31K Seems Likely

Bitcoin price is attempting a fresh increase from $29,500. BTC could gain bullish momentum if it clears the $30,200 resistance zone in the near term. Bitcoin is slowly moving higher from the $29,500 level.

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Bitcoin’s correlation with S&P 500 falls to a 2-year low

Bitcoin's correlation with S&P 500 fell to 0.09, the lowest level in two years, a Coin Metric report reveals

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Bitcoin Price Faces Confluence of Bearish Factors And Could Decline Heavily

Bitcoin price is consolidating above the $26,500 support. BTC could decline heavily if there is a clear move below the $26,500 support. Bitcoin is still struggling to stay above the $26,500 support zone.

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Bitcoin Price Just Saw Key Technical Correction But 100 SMA Is Still Strong

Bitcoin price is correcting gains and trading below $27,500. BTC must stay above the 100 hourly SMA to start a fresh increase in the near term. Bitcoin struggled to climb above $27,500 and started a downside correction.

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Bitcoin and S&P 500 Correlation Turns Negative for the First Time Since FTX Collapse

In recent days, the largest traditional stock market index, the S&P 500 (SPX), has stopped correlating positively with Bitcoin (BTC). The post Bitcoin and S&P 500 Correlation Turns Negative for the First Time Since FTX Collapse appeared first on BeInCrypto.

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Bitcoin Price At Risk of Downside Thrust Before A Fresh Increase

Bitcoin price is correcting lower below the $24,500 level. BTC could decline towards the $23,500 support before it starts a fresh increase in the near term. Bitcoin is slowly moving lower below $24,500 and $24,000.

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Bitcoin Price Could Top In Short Term, Why Dips Might Be Attractive

Bitcoin price is still struggling to clear the $21,500 resistance zone. BTC could correct further lower if there is a clear move below the $20,500 support zone. Bitcoin struggled to clear the $21,500 resistance zone and corrected lower.

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Crypto Community Fears Centralization As MicroStrategy’s Bitcoin Holdings Hit 132,500 BTC

A trove of mixed feelings trailed the crypto community as one of its foremost Bitcoin evangelists, Michael Saylor, announced an additional purchase of 2,500 BTCs. In a tweet yesterday afternoon, Saylor disclosed that his company had gone Bitcoin shopping over the last seven weeks at a price of approximately $16,500 per BTC, bringing the company’s […]

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Bitcoin Price Recovery Remains Capped, Why 100 SMA Is The Key

Bitcoin price started an upside correction from $15,500. BTC is now facing a strong resistance near the $16,300 zone and the 100 hourly SMA. Bitcoin found support near $15,500 and started an upside correction.

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TA: Bitcoin Price Surges 6%, Why Recent Breakout Looks Real

Bitcoin price found support above $22,500 and surged over 6% against the US Dollar. BTC broke many hurdles and might rise further towards the $25,000 resistance. Bitcoin started a fresh increase after it found strong bids above $22,500.

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TA: Bitcoin Trims Gains, Why 100 SMA Could Trigger Fresh Increase

Bitcoin struggled above the $21,500 resistance zone against the US Dollar. BTC is trimming gains and might find support near the 100 hourly SMA. Bitcoin climbed above the $21,500 level before it faced sellers.

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Bitcoin faces ‘uphill battle’ despite BTC price gaining 35% from $23.8K bottom

A giant sell well appears at $33,500 as Bitcoin’s rise — which succeeded in surprising some — comes under close scrutiny.

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Bitcoin Continues To Slide As Macroeconomic And Geopolitical Anxiety Persist

Bitcoin sank to an intraday low of $39,714. 69 on Friday, following a late surge above Wednesday’s critical resistance level of $41,500. BTC was down as traders braced themselves for the lengthy Easter weekend.

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TA: Bitcoin Attempts Fresh Increase, Why Upsides Remain Capped

Bitcoin attempted a fresh increase above $39,500 against the US Dollar. BTC is still facing a strong resistance near $39,800 and $40,000. Bitcoin spiked above $39,500, but it failed to clear the $40,000 resistance zone.

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TA: Bitcoin Recovery Halts, Technicals Suggest Fresh Decline To $36K

Bitcoin is struggling to recover above the $38,400 resistance zone against the US Dollar. BTC could resume decline if it stays below the $38,500 level. Bitcoin is currently facing resistance near the $38,400 and $38,500 levels.

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TA: Bitcoin Turns Lower, Why BTC Could Extend Losses Below $42.5K

Bitcoin failed again to clear the $45,500 resistance zone against the US Dollar. BTC is declining and remains at a risk of more losses below $42,500. Bitcoin attempted another upside break above $45,500 but failed.

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Bitcoin Shows Bearish Signs, Risk of Breakdown Below $56K

Bitcoin failed again to clear the $58,500 resistance against the US Dollar. BTC is declining and it might accelerate lower below the $56,000 support in the near term. Bitcoin is struggling to move above the $58,000 and $58,500 levels.

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Bitcoin Consolidates Losses, Why Recovery Could Fade Near $62.5K

Bitcoin price started an upside correction above $60,000 against the US Dollar. BTC could recover further, but the bears might remain active near $62,500. Bitcoin is still trading well below the $62,000 and $62,500 resistance levels.

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Bitcoin Blasts Past $68,500, Hitting New Record High

The price of Bitcoin has surpassed the $68,500 level for the first time

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Bitcoin Nears $70,000

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Bitcoin Trades Sideways, Technicals Point Chances of Fresh Rally

Bitcoin price is struggling to gain pace above $63,500 against the US Dollar. BTC could start a fresh rally if it clears $63,500 and $64,000 in the near term. Bitcoin is facing resistance near the $63,500 and $64,000 levels.

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