Michael van de Poppe says Bitcoin’s price is at a critical level.
Bitcoin broke below $26,100, but is yet to fall below another support at $25,800.
The coin’s next move could significantly affect the longer-term price development.
According to a renowned analyst and founder of MN Trading Michael van de Poppe, Bitcoin’s price is at a critical level. He believes the next move would significantly affect Bitcoin’s price developmen...
Investors starting to panic as crypto and stocks continue to tumble with no progress on the debt ceiling deal, and FOMC minutes release today. Nothing seems to be working for investors at the moment as gold price remains flat, Bitcoin price tumbles over 2% and the crypto market also fell 2%, and global stock markets falling on average 1% today.
Debt Ceiling Deal: Stock and Crypto Markets B...
Bitcoin (BTC) price action may lack momentum this month, but one popular analyst is still eyeing new all-time highs.In his latest analysis, TechDev confirmed that he believes BTC/USD will see a “parabolic top” around the 2024 block subsidy halving.Can Bitcoin p gain 500% in a year?Less than twelve months away, Bitcoin’s next halving is already the topic of debate among market participants.Some argue that the event will lay the foundations f...
On Tuesday, May 23, the world’s largest cryptocurrency Bitcoin (BTC) came under some selling pressure and is currently trading 2.32% down at a price of $26,748 with a market cap of $518. Over the last few weeks, the weekly trading volumes for Bitcoin and crypto have touched their historic lows.
As of now, investors remain confused as to where is Bitcoin heading from here. On-chain data, ho...
Will Bitcoin “kill” Ethereum? Bitcoin has been honing its technological prowess with the advent of BRC-20 token standards following the Taproot upgrade. The BRC-20 token standard is a pivotal development enabling the creation of fungible assets on the Bitcoin blockchain, aiming to replace the popular Ethereum ERC-20 token standard. However, BRC-20 tokens face challenges like the lack of support for smart contracts and non-fungible tokens (NFTs),...
Bitcoin (BTC) is showing a very promising outlook today with its price recording a 1.01% growth to $27,159.74. At current level, its price is now above the key support level at $27,000. The bullish momentum has also seen the biggest digital currency pare off the losses it has accrued over the past week with the growth within this time ticking up 0.46%.
Commenting on the current Bitcoin pri...
BTC saw a modest bump following the news that Hong Kong will be relaxing crypto trading. However, so far, the OG cryptocurrency looks set for a less-than-exciting May. From a regulatory standpoint, Hong Kong is still a tough jurisdiction for crypto in many ways. Partly as a result of pressure from mainland China.
Bitcoin’s price has pumped in reaction to the news that Hong Kong is taking a pro-crypto direction, according to a CNBC report. On Tu...
Crypto Market News: Crypto wallet hardware maker Ledger on Tuesday took a major step forward in its efforts to resolve the ongoing controversy surrounding the security concerns with the recently added feature. The recent the Ledger feature is said to have a vulnerability that can expose user’s seed phrase. This led to several users moving their assets out of Ledger wallets. In this context...
Nicholas Merten, a trader and analyst, predicted that the next decade may not be so favorable for the crypto market.
The trader believes that bonds will offer institutional investors a much better investment opportunity than cryptos in the next decade.
At press time, BTC traded at $26,742.17 following a 1.99% decrease over the past 24 hours.
Trader and analyst Nicholas Merten uploaded his latest analysis for the crypto market ...
The lead on-chain analyst for Glassnode recently shared that the sell-side risk ratio for BTC is at an all-time low.
According to the analyst, BTC may experience a massive move up as selling pressure fizzles away.
BTC’s price was trading at $26,750.13 at press time after printing a 2.36% loss over the past 24 hours.
The lead on-chain analyst for Glassnode, _Checkmate, shared in a tweet published this morning that the sell-side...
