Bitcoin risks 30% loss against XRP if ‘triple bottom’ confirms
XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox and German government-led sell-off in the BTC market may spark renewed interest in the altcoin. Go to Source
Bitcoin Analysis
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Bitcoin bottom signal? German gov’t runs out of BTC to sell
Bitcoin price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC. Go to Source
Bitcoin traders say BTC’s trend change decision rests at $65K
Bitcoin’s trend change decision awaits at $65,000 where short-term traders breakeven and leveraged shorts risk a major washout. Go to Source
How long will Bitcoin’s price consolidation last?
Some crypto analysts expect Bitcoin’s price consolidation to end based on technical chart patterns and falling exchange reserves. Go to Source
Steady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital
Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the cryptocurrency continues to hold strong against various market pressures, including substantial governmental sell-offs. QCP Capital Foresees Bitcoin Holding $60K Line, Despite Recent Market Pressures In … Read more
4-week correction for Bitcoin? Mt. Gox, Germany gov’t add sell-pressure
Bitcoin price risks a potential fall below $60,000, due to Mt. Gox repayments and Germany’s government selling its 50,000 BTC. Go to Source
Bitcoin miner reserves drop to lowest in 14 years
Miners are holding the least Bitcoin on their balance sheets since February 2010, but the fiat value of their reserves is hovering around an all-time high. Go to Source
Bitcoin price ‘clusters’ hint at more downside: Is BTC about to lose $64K support?
Bitcoin could fall below $64,000 before entering the “parabolic phase” of the current bull cycle. Go to Source
Ethereum poised to 50% surge this year against Bitcoin — Fractal analysis
The ETH/BTC trading pair is forming a classic bullish reversal pattern similar to the one from 2019-2021, which led to 140% price gains for Ethereum. Go to Source
Bitcoin whale accumulation reaches pre-2020 bull run levels — Is BTC set to break $70K?
Bitcoin’s short-term holder realized price rose to $63,729, suggesting a definitive breakout above the $70,000-level next. Go to Source
