Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings
Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
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Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
Bitcoin (BTC) gained $1,500 in seconds as the May print of the Consumer Price Index (CPI) showed inflation cooling faster … Continue reading
The post ChatGPT-4o predicts Bitcoin price as U.S. CPI inflation cools appeared first on Finbold.
A 5.5-year dormant Bitcoin (BTC) whale became active on June 11, moving 8,000 BTC to a Binance address. This Bitcoin … Continue reading
The post Dormant Bitcoin whale awakes, turns $30M into $535M in 5 years appeared first on Finbold.
Grayscale’s GBTC saw $40 million in outflows, the most among its counterparts, while Bitwise’s BITB led inflows at $7.6 million.
One trader expects ETH prices to hit $10,000 in 2024, a nearly 200% increase from current levels of $3,600.
With Bitcoin (BTC) failing to make notable moves in either direction, on-chain data suggests that investors might be anticipating a … Continue reading
The post Opportunity? Bitcoin whales open ‘massive long positions’ at $69,000 appeared first on Finbold.
The long-short ratio is starting to tilt in favor of bulls since Wednesday, data indicates, as some traders expect bitcoin to set fresh all-time highs in the coming weeks.
The firm currently holds 247 bitcoins and plans to expand its crypto treasury
Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note.
Legendary trader Peter Brandt believes Bitcoin (BTC) might be on the brink of a major breakout, drawing parallels to a … Continue reading
The post Bitcoin could trigger a stock market boom similar to the 1980s, says veteran trader appeared first on Finbold.