Where is Bitcoin headed in the coming days and weeks? That’s difficult to predict and depends on geopolitical circumstances, the direction of fiat currencies and (especially) the price of oil. Here are the top three possible triggers for the Bitcoin price in the coming weeks. Note that the biggest possible trigger of all is rising […]
After a week of war in Iran (apparently, Republicans don’t want to call it a real war in the United States because Trump would have to ask Congress for approval), it’s striking that Bitcoin is holding up very well while stocks are falling. Silver, like gold, rose slightly on a weekly basis and joined the […]
We’re not sure yet whether we can believe him, but it is notable that Grok, the well-known AI bot of billionaire Elon Musk, thinks Bitcoin’s recent upward breakout is a reversal and will likely mark the start of a new leg up. Renowned chart reader Peter Brandt also believes this. He’s convinced of several months […]
Over the past week, the largest digital currency rose by around 5% while most stock markets fell sharply. This is remarkable and could well signal a trend reversal for crypto. However, to be certain, we need to see a breakout above the $74,000 price point, which was also very important last year. April The end […]
Bitcoin jumped above $70k again on Wednesday as investors are looking for so called safe haven investments in these uncertain times. Precious metals also rallied. At the time of writing, Bitcoin is trading for $73,000 again. There's the upward move for #Bitcoin. Looks great for more continuation; however, $74K is the first resistance. I think […]
Japanese Prime Minister Sanae Takaichi is extremely popular and has recently achieved a historic election victory. A crypto developer therefore launched Sanae Coin, a memecoin that was bearing her image, this past weekend. Buyers were immediately attracted to the new memecoin. That enthusiasm faded after the Prime Minister herself posted a message on X declaring […]
Nearly four out of ten altcoins are trading near their all time low, a percentage that is worse than during the collapse of FTX. This is evident from data by Darkfost, showing that 38.8% of all altcoins are hovering around their lowest point. Meanwhile, Bitcoin is holding above $65,000 and forming a higher low. Analyst […]
Financial markets are reacting sharply to the escalation in the Middle East. UK gas surges 23.5%, Brent crude climbs 9%, gold adds 2.5% and silver rises 2.1%. Equity markets are broadly lower, with the Dow down 1%, the Nasdaq off 0.9% and the S&P 500 slipping 0.4%. The biggest surprise, however, is Bitcoin: the price […]
Bitcoin is trading at $66,409, up 4.57% over the past 24 hours, but the broader weekly loss of 2.32% shows that uncertainty has not disappeared. Analyst Michaël van de Poppe points to the 21 day moving average as a crucial level for a potential relief rally. Meanwhile, crypto platform Hyperliquid is emerging as an unexpected […]
The crypto market plunges after the United States and Israel launch a large-scale military attack on Iran. Bitcoin falls 6.36% to $63,645 and the total market capitalization loses more than 5% in a single day. Within 24 hours, $517.82 million in positions is liquidated, impacting 153,329 traders. The Fear & Greed Index sits at 11, […]
