Tag: Bitcoin price analysis
Bitcoin Price Prediction Post-Election: $140K Break or Reversal?
Bitcoin has been on a wild ride since the recent U.S. presidential elections, surging past previous highs to reach $73,000 in March. The big question now is whether this upward trend will continue or...
Bitcoin Price Rebounds to $98K Amid Weekend Dip
Bitcoin's price has bounced back to $98,230.02 after experiencing a weekend dip that saw it fall below $96,000. This drop was expected as traders took profits following last week's surge to nearly $100,000. Other...
Bitcoin Funding Rates Soaring: Signs of a Bullish and Leveraged Market
Bitcoin funding rates are on the rise, indicating a bullish and leveraged market. This surge in funding rates suggests that traders are increasingly interested in longing Bitcoin, which could potentially drive the price higher...
Maximize Your Profits: Strategies for Long-Term Bitcoin Holders
Bitcoin investors who have held onto their assets for the long term are now taking advantage of the recent rally in Bitcoin prices to secure their profits. This profit-taking activity has been quite significant,...
Bitcoin Market Cap Divergence: A Sign of Euphoria
Bitcoin Market Cap Divergence: A Sign of EuphoriaRecently, there has been a lot of talk about the divergence in the market cap of Bitcoin. This is seen as a sign of euphoria in the...
MicroStrategy Acquires 27,200 BTC for $2B; Bitcoin Profits Reach $11B
MicroStrategy, led by Michael Saylor, has made headlines once again by acquiring a substantial amount of Bitcoin. The company, known for being the largest corporate holder of Bitcoin, recently purchased an additional 27,200 BTC...
Bitcoin Price Recovery After Recent Decline in the Americas
Bitcoin's price has seen a slight recovery in the Americas after a recent decline. The price of Bitcoin dropped to $68,800 but then rose back to $70,000 during the European morning. However, it still...
Is Bitcoin’s Rally Failing as Price Dips Below $67K?
Bitcoin faced a setback as its price dipped below $67,000 after failing to break the $70,000 level during early Monday trading hours in Asia. The price of bitcoin dropped by 2.3% over the past...
Bitcoin hashprice hits two-month high, boosting mining profitability
Bitcoin's hashprice has surged to a two-month high, reaching over $50 for the first time in mid-August. This increase is a positive sign for miners who have been struggling due to harsh market conditions....
Understanding Bitcoin’s Price Volatility for Financial Advisors
In today's issue, we will discuss the recent fluctuations in the price of Bitcoin and how financial advisors can assist their clients in navigating this volatile market. Andy Baehr from CoinDesk Indices will provide...