Bitcoin is trading above the $115K level as the market enters a decisive week, with attention squarely on tomorrow’s Federal Reserve meeting. Investors prepare for potential policy changes, as they expect the Fed to announce its decision on interest rates—an outcome that could set the tone for global markets in the coming months. Top analyst…
Tag: btc
$1 Million Bitcoin Is Coming: Arthur Hayes Says Fed Just Pulled The Trigger
Arthur Hayes believes the macro domino that sends Bitcoin to $1 million has just tipped. In a post on X late Monday, the BitMEX co-founder argued that the US Federal Reserve is preparing markets for “yield curve control” (YCC) under what he called a “third mandate,” pointing to the confirmation of economist Stephen Miran to…
Bitcoin Price Turns Bullish Above $114,000 With Hidden Divergence Forming
Bitcoin’s price action has managed to break above $115,000 after spending the majority of the past two weeks trading below this level. Bitcoin is now holding firm above $114,000, and the leading cryptocurrency has regained momentum over the past week that shows signs of renewed bullish strength. According to technical analysis, a hidden bullish divergence…
Bitcoin Finds Support At Short-Term Holder Cost Basis, But For How Long?
Bitcoin has seen a rebound since retesting the short-term holder Realized Price, a sign that this historical on-chain support may be holding. Bitcoin Short-Term Holder Realized Price Just Acted As Support As explained by CryptoQuant author IT Tech in an X Realized Price” here refers to an on-chain indicator that measures the cost basis of…
No Fireworks, Just Grind: Bitcoin Could Drift To $1M Over 7 Years: Analyst
According to pseudonymous Bitcoin analyst PlanC, the road to $1,000,000 per coin might look a lot less pronounced than many expect. PlanC floated the idea that, instead of sharp parabolic runs, Bitcoin could “slow-grind” higher — inching upward over the next seven years and quietly reaching $1 million by 2032. What if the earlier “Bitcoin…
The Bitcoin Bull Run Cracks If $98,000 Is Lost, Ostium Labs Warns
Ostium Labs argues that Bitcoin’s uptrend remains intact after August’s reversal, but it draws a bright red line at $98,000. In its September 1 Market Outlook, the firm writes: “Closing below $98k on this timeframe would turn weekly structure bearish,” adding that “above $98k weekly structure is still bullish and therefore we should anticipate the…
Bitcoin Price In A Trend Shift? Here’s Why $118K Might Be Vital For A Bullish Return
The price of Bitcoin has struggled to make any real headway since reaching the former all-time high around $123,800 in mid-July. While the premier cryptocurrency set a new record-high price at around $124,120, it never really looked certain to go on a fresh bullish run. Over the past week, the market leader succumbed to severe…
Bitcoin Slides Below $120K as Buyers Retreat, Is the Rally Already Over?
Bitcoin continues to trade below its recent highs, extending a pullback that began after reaching a record level above $124,000 last week. As of today, the cryptocurrency is priced around $115,347, reflecting a 7.7% drop from its peak and a 3% decline over the past week. The downturn highlights a loss of momentum, with market…
Bitcoin, Ethereum, XRP, BNB On The Rise Following Powell’s Fed Speech
The cryptocurrency market experienced a significant surge on Friday, with Ethereum (ETH) and Bitcoin (BTC) leading the charge and reviving the upward momentum seen in the previous week that had propelled it to new all-time highs. Among the notable developments, the market’s leading altcoin skyrocketed above the $4,700 mark while recording double-digit gains and edging closer…
BlackRock Triggers Bitcoin Sell-Offs With Half A Billion Dollars Dumped
The world’s largest asset manager, BlackRock, has notably been on a Bitcoin selling spree throughout this week, triggering a wave of sell-offs in the process. These sales have occurred due to the outflows that the asset manager has witnessed from its BTC ETF. BlackRock Dumps Around $500 Million In Bitcoin Arkham data shows that BlackRock…