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Bitcoin Analysis

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Bitcoin Wyckoff pattern eyes $85K, but BTC price must close the week above this level first

June 6, 2024 by DIGIT

Bitcoin first needs a weekly close above the $71,300 mark to confirm a likely price breakout to new all-time highs. Go to Source

Categories Bitcoin Analysis, Bitcoin Price, BTC Price, Cryptocurrencies, Market Analysis, Markets, price analysis

Bitcoin price at $72K is the ‘fuse’ to reach new ATH — Analyst

June 5, 2024 by DIGIT

Bitcoin price above $72,000 would liquidate $800 million worth of leveraged shorts, making it a significant resistance level for BTC. Go to Source

Categories 000, Bitcoin Analysis, Bitcoin downtrend, Bitcoin Halving, Bitcoin Price, Bitcoin to $72, Cryptocurrencies, parabolic phase, price analysis

4 reasons why Bitcoin was a buy below $70K

May 21, 2024 by DIGIT

Technical chart patterns suggest that Bitcoin could see more upside momentum in the following weeks, mirroring previous bull cycles. Go to Source

Categories Bitcoin Analysis, Bitcoin breakout, Bitcoin ETF, Bitcoin funding rate, Bitcoin Price, Cryptocurrencies, ETF inflows, Market Analysis, Markets, price analysis

Tether mints another $1B mint — Last time it helped Bitcoin climb to $73K

May 17, 2024 by DIGIT

Bitcoin flipped its old resistance into support as Tether’s market cap continues to grow rapidly in 2024. Go to Source

Categories analysis, Bitcoin Analysis, bitcoin bull cycle, Bitcoin Price, BTC Price, Cryptocurrencies, Market Analysis, Markets, price analysis, Stablecoin, Tether, USDT

M2 money supply ‘holds the key’ for Bitcoin’s next move — Market analyst

May 16, 2024 by DIGIT

The growth of the money supply is historically correlated with previous Bitcoin price bull runs. Go to Source

Categories Bitcoin Analysis, bitcoin bull cycle, bitcoin bull run, Bitcoin Price, Cryptocurrencies, Fiat Money, M2 money supply, Market Analysis, Markets, price analysis

Bitcoin bottomed at $56K? BTC price chart hints at breakout within days

May 13, 2024 by DIGIT

Adding to the bullish technical formation, Bitcoin’s distribution ‘danger zone’ has officially ended, according to popular analyst Rekt Capital. Go to Source

Categories Bitcoin Analysis, Bitcoin breakout, Bitcoin Price, BTC Price, Cryptocurrencies, Market Analysis, Markets, price analysis, United States

Summer will offer ‘perfect opportunity’ for investing in crypto — Arthur Hayes

May 6, 2024 by DIGIT

The BitMEX co-founder says the current phase of price consolidation is ideal for accumulating crypto before macroeconomic factors trigger the next leg up in the bull market. Go to Source

Categories Bitcoin Analysis, Bitcoin ETF, Bitcoin Halving, bitcoin ordinals, Bitcoin Price, ethereum ETF, Layer2, solana

Bitcoin enters ‘a new era’ as whales scoop up over 47K BTC during price pullback

May 3, 2024 by DIGIT

Bitcoin whales have added over $2.9 billion worth of BTC, which helped it recover above the $60,000 mark, but can Bitcoin price close the week above $60,000? Go to Source

Categories Bitcoin Analysis, Bitcoin Price, BTC Price, Market Analysis, Markets

‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?

May 2, 2024 by DIGIT

Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement. Go to Source

Categories Bitcoin Analysis, Bitcoin Halving, Bitcoin Price, BTC Price, Market Analysis, Markets

Linux on Bitcoin? Open-source framework BitVMX envisions BTC-powered programs

April 24, 2024 by DIGIT

A new Bitcoin computational framework aims to power various applications and functions using native BTC, including token bridges and aggregator oracles. Go to Source

Categories Bitcoin Analysis, Bitcoin Community, Developers, Layer2, Scalability
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  • bitcoinBitcoin(BTC)$89,717.00-1.83%
  • ethereumEthereum(ETH)$3,040.74-3.00%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-1.55%
  • binancecoinBNB(BNB)$884.25-1.10%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.23-2.81%
  • tronTRON(TRX)$0.2898981.47%
  • staked-etherLido Staked Ether(STETH)$3,038.75-2.77%
  • dogecoinDogecoin(DOGE)$0.139780-3.04%
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  • bitcoinBitcoin(BTC)$89,717.00-1.83%
  • ethereumEthereum(ETH)$3,040.74-3.00%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-1.55%
  • binancecoinBNB(BNB)$884.25-1.10%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.23-2.81%
  • tronTRON(TRX)$0.2898981.47%
  • staked-etherLido Staked Ether(STETH)$3,038.75-2.77%
  • dogecoinDogecoin(DOGE)$0.139780-3.04%