Bitcoin, the leading cryptocurrency, has experienced numerous bull and bear cycles over the years. These cycles have revealed a consistent trend that analysts often use to predict the future price movements of the coin. In a recent analysis, crypto expert PlanB pointed out that the current Bitcoin bull run may not be over yet. By
Bitcoin
The recent dip in Bitcoin’s price that caused it to fall below $50,000 took many investors by surprise. This sudden downturn was largely driven by short-term holders who overreacted to the initial decline in price. Short-term holders, defined as those who hold onto their cryptocurrency assets for a relatively brief period, tend to panic sell
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Semilore Faleti is a name synonymous with cryptocurrency writing, a journalist who has carved a niche for himself in the world of digital assets. His journey from a general content writer to a specialized crypto journalist is a testament to his dedication and passion for the industry. Early Career and Education Semilore’s career began with
Bitcoin, the world’s largest cryptocurrency, is facing a new bearish death cross according to a crypto analyst known as ‘Mags.’ This recent development could potentially lead to further price stalls before any potential upward movement. The death cross pattern in Bitcoin’s daily chart occurs when the 50-day Moving Average (50 MA) crosses below the 200-day
In recent years, the landscape of Bitcoin holders has shifted dramatically. Gone are the days when private individuals dominated the top holder list. Now, institutions and governments have taken center stage, with their holdings far surpassing those of private holders. This shift in ownership highlights the increasing institutionalization of Bitcoin and the growing importance of
The Bitcoin price continues to trade sideways, with uncertainties on the macro side leaving investors undecided about their next move. Crypto analyst Michael van de Poppe has provided insights into Bitcoin’s price trajectory and has raised the possibility of the crypto dropping to as low as $48,000. Van de Poppe mentioned in a social media
Bitcoin has been hovering below the $20,000 mark for a significant period of time, leading some to speculate that it may never reach this peak again. However, a recent analysis by an anonymous crypto analyst, known as “Without Worries”, suggests that the potential for Bitcoin to fall back to $20,000 is not a question of
Peter Brandt, a respected crypto analyst, recently shared his insights on an inverted or expanding triangle pattern in Bitcoin’s price chart. According to Brandt, this pattern could potentially impact Bitcoin’s price trajectory. The pattern in question features two descending trend lines that are diverging from one another, which could signal either a continuation or a
As the cryptocurrency market continues to evolve and fluctuate, one crypto analyst has emerged with a bold prediction for Bitcoin (BTC). Referred to as ‘Sensei’, this analyst has forecasted that Bitcoin’s price could soar to an impressive $72,000 in the near future. With a detailed price chart illustrating parallel trend lines tracking Bitcoin’s recent movements,
