Category: Cryptocurrency news

Bitcoin price analysis sees ‘strong rally’ as old coins become dormant

Bitcoin ($BTC) onchain transaction data is hinting at the start of a new uptrend as long-term holders retreat from selling. Key points: The percentage of Bitcoin’s realized cap involving coins dormant for 18 months or longer has remained broadly stable since mid-September, dropping from 26.98% to 26.59%. CryptoQuant analysis showed that longer reductions in the […]

Renowned Analyst: “You’re Not Bullish Enough on Bitcoin”

Eric Yakes, founder of Bitcoin-focused investment firm Epoch Ventures and author of the book Bitcoin and the Monetary Revolution, has expressed considerable optimism regarding Bitcoin’s (BTC) long-term future. Yakes specifically argued that governments beginning to accumulate Bitcoin could trigger an unprecedented surge in the cryptocurrency market. Speaking on a podcast, Yakes stated that he doesn’t […]

Wintermute Issues Alarm: “Bitcoin’s Risk of Decline Continues!” Which Level Must Be Protected?

Bitcoin, the leading cryptocurrency, started the week, which will see the release of critical economic data, around the $80,000 mark. After recovering from a drop below $80,000, the risk of $BTC falling below this level remains, and Wintermute stated that the $80,000 support level is very critical. Bitcoin Ends Three-Week Decline! Cryptocurrency market maker Wintermute […]

Two Analysts Present Million-Dollar Scenarios for Bitcoin (BTC)! Here Are the Expected Prices and Possible Dates!

As the leading cryptocurrency Bitcoin hovers around the $80,000 mark during the critical Fed week, a wide range of predictions have emerged for $BTC. During this process, two analysts independently conducted Monte Carlo simulations for Bitcoin. One of them, on-chain data analyst Willy Woo, revealed that a Monte Carlo simulation examining 10,000 different Bitcoin price […]