Bitcoin recovery fizzles, but SOL, DOT, NEAR and KAS could rally
Buyers will need to keep Bitcoin above $53,500 to start a recovery in SOL, DOT, NEAR and KAS. Go to Source
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5 bullish arguments that Bitcoin price just bottomed at $53K
Bullish divergence on the price chart, September rate cut prospects, and increasing M2 supply are some catalysts that could resume the Bitcoin bull market cycle. Go to Source
Bitcoin Network Sees Second Largest Difficulty Reduction of 2024
On July 4, 2024, the Bitcoin network experienced its second-largest difficulty reduction since the year’s start. The mining difficulty decreased by 5%, falling from 83.67 trillion to 79.5 trillion. Second Major Difficulty Reduction of the Year Hits Bitcoin Network Bitcoin’s mining difficulty dropped by 5% this week at block height 850,752 on July 4. This … Read more
Two More Sleeping Bitcoin Addresses Wake From Slumber, Moving 1,045 BTC
Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the first time in over a decade. On Sunday, another historic wallet from April … Read more
July Slump for Bitcoin: What Historical Trends Reveal About Upcoming Months
Over the past 11 years, dating back to 2013, bitcoin has typically experienced positive performance in July, with five of those months seeing gains exceeding 16%. This year, however, July is shaping up to be negative. Historical data for August and September suggests a trend of underwhelming returns, potentially persisting until October, which is known … Read more
Bitcoin traders hope bottom is in after BTC price bounces 9% from lows
BTC price action takes a break from endless downside to revisit $58,500, but Bitcoin bulls struggle to hold higher ground. Go to Source
Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500
Economist and gold advocate Peter Schiff warns of a continued bitcoin decline, stating that “this bear market is a long way from over.” He predicts significant price falls for both bitcoin and ethereum, suggesting a potential crash if critical support levels fail. “It’s a long way down,” he said. Regarding ether, Schiff predicted: “I think … Read more
Robert Kiyosaki Predicts $10 Million Bitcoin and $15,000 Gold After Major Market Crash
Rich Dad Poor Dad author Robert Kiyosaki predicts an imminent economic crash followed by a significant bull market where bitcoin could easily reach $10 million per coin, gold could reach $15,000 an ounce, and silver possibly $110 an ounce. Kiyosaki suggests this cycle is inevitable due to declining trust in fiat currencies and historical precedents. … Read more
Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See $150K BTC This Year
Fundstrat’s head of research, Thomas Lee, has doubled down on his bitcoin price prediction of $150K by year-end, post Mt. Gox distribution. He expects “a pretty sharp rebound” for bitcoin in the second half of this year, citing the resolution of the Mt. Gox overhang, potential easing of Federal Reserve policies, and the impact of … Read more
Bitcoin Proponent Bruce Fenton Calls Out Jack Dorsey Over Censorship Allegations During Twitter Tenure
Over the weekend, a prominent personality in the bitcoin and blockchain sector, Bruce Fenton, addressed Jack Dorsey, CEO of Block, Inc., through a post on the social media platform X. Fenton asserts that Dorsey owes an explanation, as Twitter’s senior leadership has faced accusations of orchestrating one of the most significant acts of censorship in … Read more