Renowned crypto expert Michael van de Poppe has recently brought attention to a significant indicator that could signal a crucial bounce for Bitcoin, following its recent dip below $60,000. Van de Poppe emphasized in a social media post that the CME gap for Bitcoin has closed, indicating that the time may be ripe for a
Bitcoin
The recent crash in the crypto market has sent shockwaves throughout the industry, especially for Bitcoin and altcoins. The market-wide panic has resulted in significant losses for traders, with tens of thousands of positions being liquidated within a 24-hour period. The Bitcoin price has been on a downward spiral, plunging below $57,000 at one point
Despite the negative market sentiments surrounding Bitcoin, there has been a noticeable increase in accumulation by large investors holding more than $600,000 worth of the cryptocurrency. Over the past six months, these investors have been actively increasing their holdings, with a particular focus on wallets holding more than 10 BTC. The data from on-chain tracking
Crypto analyst Quinten François has recently made some bold claims regarding the future of Bitcoin, suggesting that the leading cryptocurrency could potentially surge to as high as $4.5 million. While this prediction may sound exciting to many investors, it begs the question of whether it is based on solid analysis or merely speculative hype. Quinten
Tom Lee, the head of research at Fundstrat, has reiterated his bold prediction regarding Bitcoin’s price, stating that the cryptocurrency will reach $150,000. This optimistic outlook is based on Bitcoin’s strong bullish indicators, with Lee believing that the digital asset will soon break out of its current bearish trend. In a recent interview with CNBC
Arthur Hayes, the co-founder of BitMEX, recently published an essay titled “Zoom Out,” where he delves into the historical economic patterns from the 1930s-1970s and their relevance to today’s financial landscape. Hayes categorizes these patterns into “Local” and “Global” cycles, highlighting the macroeconomic forces at play. Local Cycles: During Local Cycles, there is a strong
Bitcoin has been experiencing significant fluctuations in its price recently, bouncing back from a dip below $60,000 only to struggle to surpass crucial resistance levels, such as $63,500. This has led to a prevailing bearish sentiment in the market, with one notable crypto analyst, Alan Santana, predicting an impending crash in the Bitcoin price. Santana’s
Bitcoin, a pioneer in the cryptocurrency markets, has long been known for its round-the-clock accessibility. However, a recent report by Kaiko has shed light on a concerning trend – a significant decrease in BTC weekend trading volumes. The data reveals a sharp decline from 28% in 2019 to a mere 16% in 2024, signaling a
Opeyemi is not your average writer – he is a crypto enthusiast on a mission. His journey into the world of cryptocurrency may not have been his initial choice, but it is one that he has fully embraced. For over two years now, Opeyemi has delved deep into the complexities of blockchain technology and has
Semilore Faleti is a prominent cryptocurrency writer with a focus on journalism and content creation. His expertise lies in dissecting the complexities of blockchains and cryptocurrency, highlighting the efficiency of digital assets in storing and transferring value. Initially, Semilore wrote on a variety of topics before delving into the world of cryptocurrencies. He quickly discovered
