Bitcoin analysts converge on a breakout in September — But is $86K possible?
Bitcoin could see a breakout to new all-time highs as soon as next month, but BTC must first tackle significant resistance around $59,500. Go to Source
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Goldman Sachs lowers US recession risk to 20%, what it means for Bitcoin
Goldman Sach’s economists said the Federal Reserve could also cut rates next month, and analysts say this could be welcomed by Bitcoin traders. Go to Source
Bitcoin is back in ‘accumulation’ — But what does it mean for BTC price?
Bitcoin could stage a recovery above $66,000 by September but faces significant resistance around $61,700. Go to Source
Institutional adoption of Bitcoin ETFs surges 27% in Q2
Increasing institutional ETF adoption could bolster Bitcoin price to new all-time highs. Go to Source
Cryptoquant: Bitcoin Miners Expand Capacity But Struggle to Stay Profitable
Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as they face diminishing profit margins and rising operational difficulties. Bitcoin Miners Face Capitulation Amid Record-High Hashrate and Squeezed Margins In the latest findings from Cryptoquant’s … Read more
Key Bitcoin bull signal flashes for first time in nearly 2 years, hinting at 2x price surge
Bitcoin price could increase by over two-fold based on a key bull signal historically correlated with price rallies. Go to Source
Chainalysis alerts rise in crypto hacks and ransom in 2024
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024. Go to Source
First leveraged MicroStrategy ETF launches in the US
The ETF could offer more leveraged exposure to Bitcoin, especially for institutional investors looking to diversify their holdings. Go to Source
US gov’t $590M Silk Road Bitcoin transfer to Coinbase unlikely to be sold: Analyst
The government could also be looking to custody or trade the Bitcoin, based on a recent partnership with Coinbase Prime. Go to Source
Bitcoin sell pressure may break $56K support as options expiry looms
The Bitcoin price could experience significant downside volatility unless it manages to recover above $60,000 before the options expire on Aug. 16. Go to Source