Category: BTC
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Next Bitcoin Halving to Propel Prices to Between $150,000 and $169,000, Says Bitfinex
Bitcoin Surges Above $72.6K Amid Halving Anticipation
Bitcoin’s price witnessed a significant surge in the early hours of the week, surpassing the $72.6K mark for the first time since March 14th. This surge brings the leading cryptocurrency tantalizingly close to its previous all-time high, with the crowd attributing much of this rise to the imminent halving event. With the highly anticipated halving now just 11 days away, market participants are closely monitoring Bitcoin’s price action, expecting further challenges to this key level throughout the week. However, amidst the excitement surrounding the halving, there are signs of caution as some traders on platforms like Telegram and X are
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Market of ‘Extreme Greed’ Persists Amid Unprecedented June Bitcoin Perpetual Futures Sell-Off
Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement
Bitcoin’s Path to Halving — Anticipated Increase in Difficulty Sets Stage
Options Market Sees Unusual Activity Amidst Bitcoin’s Decline
As Bitcoin prices continued to slide, the options market presented a peculiar scenario with a notable absence of put options being traded. According to data from Greekslive, the majority of trades yesterday were calls, indicating a bullish sentiment prevailing in the market. The situation was particularly striking in the Ethereum options market, where call option trades constituted a staggering 90% of the total trades—a level of extreme share rarely witnessed. Bitcoin continues to fall, driving the crypto market down significantly, with panic spreading across the market and futures premium levels falling.However, in the options market, few puts were traded, and
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Double or Nothing: Proshares Unveils BITU and SBIT ETFs for Bullish and Bearish Bitcoin Bets
Crypto Market Faces Retracement As Bitcoin Dips To $66.4K
The cryptocurrency market has witnessed a notable retracement as Bitcoin dropped to $66.4K, leading to further declines in altcoin market caps. Despite this concerning trend, there remains a strong sense of confidence among investors, with many anticipating a swift rebound. 📉 #Bitcoin has seen a drop to $66.4K, and #altcoins have shed much more of their market caps as prices have continued their concerning retracement to kick off April. However, the crowd is staying quite strong and showing confidence toward the prospects of a quick rebound. The… pic.twitter.com/tbGmtmTNIb — Santiment (@santimentfeed) April 2, 2024 Analysis of online discourse reveals an
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Bitcoin Market Observers Remain Cautious As Price Movement Slows
As the bitcoin market continues to exhibit signs of consolidation following a dynamic start to the year, industry observers are closely monitoring key indicators to gauge the cryptocurrency’s future trajectory. Despite hovering near its all-time highs, bitcoin has struggled to maintain crucial support levels in recent trading sessions. Renowned analyst Ali Martinez recently highlighted a potential head-and-shoulders formation on bitcoin’s 30-minute chart. Martinez suggests that if bitcoin manages to sustain its position above the 200EMA and surpasses the neckline resistance at $71,580, it could signal a bullish trend reversal. In such a scenario, investors could anticipate a potential price increase
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