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As Bitcoin trades above $95,000, a cryptocurrency on-chain analyst has highlighted specific technical indicators suggesting that the digital asset can … Continue reading
The post Will the Thanksgiving rally finally push Bitcoin to $100,000? appeared first on Finbold.
Bitcoin regains some ground following Tuesday’s slide.
Ether teases a return to $3,500.
Traders are piling into ETH derivatives.
Pantera Capital Management, which launched its Bitcoin Fund in July 2013, has seen a 1,000-fold increase with returns of over 132,118%.
The hedge fund started buying bitcoin back when one token cost $74.
Pantera CEO Dan Morehead believes that the cryptocurrency could be worth $740,000 by April 2028.
Bitcoin (BTC) has retreated further from the highly anticipated $100,000 milestone, raising questions about the asset’s sustainability of the current … Continue reading
The post Is Bitcoin’s bull market over? appeared first on Finbold.
The leading cryptocurrency in the world, Bitcoin (BTC) has made impressive strides when it comes to adoption. Whereas in 2024, … Continue reading
The post The FBI’s Silk Road Bitcoin is now worth $6.4 billion appeared first on Finbold.
Bitcoin has fallen over 6% in the last 24 hours.
Indicators suggest BTC could drop to as low as $90,000.
Ether outperforms the broader market.
Long-term investors have sold almost 550,000 BTC, almost 4% of their holdings.
Last week, one-day profit-taking touched a record high in dollar terms, more than $10.5 billion.
The percentage drop from long-term holders continues to fall each cycle.
BTC traders purchase protective put options in response to Monday’s 5% decline.
The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.
The daily chart reveals a bearish RSI divergence, signaling potential weakness in price momentum.
A bitcoin-led crypto market correction continued into its third day as the asset lost a further 3.5% in the past 24 hours.
However, bitcoin tends to bounce back when short-term holders sell at a loss. And some say this creates a buying opportunity for traders at current levels.
It’s a ride that some expect to be packed with market volatility.