Tag: bitcoin

09

Apr2024
As I discussed in my previous , 's price had been fluctuating for almost a month, forming a symmetrical triangle pattern. During this period, the cryptocurrency bulls stepped in when needed as it dipped below $65,000 last week, thus maintaining the longer-term bullish pattern. Despite a brief drop on Friday due ... Read More

04

Apr2024
Bitcoin's rally paused recently as fund outflows from exchanges and ETFs soared. Since January, there's been a noticeable trend of funds exiting digital currency platforms, with the third-largest outflow recorded on March 27. A reversal in ETF inflows, accompanied by declining trading volumes and liquidation of sizable long positions, hints at a ... Read More

21

Mar2024
Recent weeks saw a significant drop in the cryptocurrency market, impacting Bitcoin mining stocks heavily. Many of these stocks mirrored 's decline. Although Bitcoin rebounded yesterday as it started moving upwards again, this doesn't erase the overall bearish trend. However, as Bitcoin seems to have paused its downward trend and has positive ... Read More

14

Mar2024
Bitcoin's recent climb to new highs this week, following its breakout past November 2021's peak, has sparked optimism across the cryptocurrency market. Altcoins are experiencing significant surges within short timeframes, signaling a potential bullish phase in the market, as investor interest in the crypto sector intensifies. Ethereum's journey toward $5,000 ... Read More

29

Feb2024
Bitcoin continued rallying and reached its highest level since November 2021. Significant inflows into Bitcoin spot ETFs have set volume records and aided the rally. Beyond ETF success, Bitcoin's upward momentum is linked to the upcoming halving in April and favorable economic data. In 2024, invest like the big funds from the comfort ... Read More

28

Feb2024
This morning, Coinbase Global's (NASDAQ:) stock price surpassed its 52-week high in pre-market trading, propelled by a significant rise in prices, which earlier today breached the $59,000 mark, also setting a new 52-week high.This surge is primarily attributed to the burgeoning interest in cryptocurrencies following the U.S. ... Read More

28

Feb2024
Bitcoin is on the rise and faces resistance at $60K before targeting all-time highs. Ethereum could follow suit with the potential launch of a spot ETF in the offing. Meanwhile, can Solana overcome hurdles to unleash its hidden potential? In 2024, invest like the big funds from the comfort of your home with ... Read More

16

Feb2024
Bitcoin's surge to the $52,000 range was fueled by strong demand for the spot Bitcoin ETF. This rally is currently showing resilience even as this week's CPI data exceeded expectations. Facing short-term resistance at $51,700, Bitcoin needs to surpass this level and reach $53,000 for confirmed support, targeting $55,000. In 2024, invest ... Read More

14

Feb2024
Bitcoin has recently surged above $50,000. Meanwhile, yesterday's inflation report came in above expectations. If the crypto can stay above $50K, the next psychological barrier is at $60K. In 2024, invest like the big funds from the comfort of your home with our AI-powered ProPicks stock selection tool. Learn ... Read More

07

Feb2024
The Bitcoin correction has slowed down in the $38K region. Meanwhile, the new ETFs have seen a massive inflow of funds. Will the potential postponement of interest rate cuts to the second half of the year threaten a potential bull market? In 2024, invest like the big funds from the comfort of ... Read More

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