Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst

Prominent cryptocurrency analyst Crypto Rover has issued a warning, causing unease in the Bitcoin market. He predicts a possible liquidation event, which may lead to losses for those holding short positions. According to Rover’s analysis, Bitcoin is currently in a period of consolidation. If Bitcoin’s price were to rebound and reach a certain level, around … Read more

Bitcoin Price Restarts Decline, Can BTC Bulls Protect $60K?

The price of Bitcoin dipped once again, this time starting at around $67,000. The cryptocurrency is exhibiting bearish trends and could potentially drop down to the $61,000 mark as its support level. Bitcoin failed to clear the $67,000 resistance zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There was … Read more

Lost Treasure Found? Bitcoin Miner Transfers Over $3 Million BTC After 14-Year Dormancy

Based on information from the cryptocurrency analysis tool Lookonchian, a Bitcoin wallet that has been inactive since April 2010 moved 50 Bitcoins, which is equal to approximately $3.328 million. Unraveling The Transaction: An Exploration of Potential Motives According to Lookonchian’s report, a total of 50 Bitcoin were mined around 14 years ago when each block … Read more

Bitcoin Whales Showing Different Behavior From Past Cycles, But Why?

According to on-chain analysis, Bitcoin‘s large investors, or “whales,” have exhibited distinct patterns in their exchange transactions compared to the previous market cycle. This could be due to several reasons. Bitcoin Whales Are Showing Different Behavior In Exchange Inflows This Time According to an analysis by a crypto expert in a recent CryptoQuant article, the … Read more

Analysts Bullish On Bitcoin Despite Peter Schiff’s $20,000 Doom Scenario

During the past weekend, the Bitcoin (BTC) market price plummeted to $60,000, causing unease among crypto community members. Some investors grew concerned as they anticipated the upcoming “Halving” event and wondered if this dip signaled potential issues for Bitcoin. During the recent corrections, Bitcoin skeptic Peter Schiff maintained that his earlier forecasts about Bitcoin spot … Read more

Bitcoin Peak Pre-Halving Doesn’t Guarantee Further Gains: Analyst

As the Bitcoin Halving is approaching for the fourth time, Lady Crypto, an experienced market analyst and trader, has shared her perspective on the ongoing bull market debate. After examining the latest market drop and the upcoming Bitcoin halving this month, the crypto analyst expressed her perspectives. She noted that some investors believe Bitcoin could … Read more