Bitcoin (BTC) is the world’s largest and oldest cryptocurrency, and it has a history of experiencing significant price swings. In 2021, BTC reached an all-time high of over $68,000, but it has since fallen back to around $20,000. However, some analysts believe that BTC is poised to make a comeback, and that it could reach…
Why is the crypto market up today? The crypto market is up today for a number of reasons, including: Positive news from the US Securities and Exchange Commission (SEC): The SEC recently declined to appeal a court ruling that favored Grayscale Investments, which is seeking to launch a Bitcoin spot ETF. This news has been…
Bitcoin metrics ‘improve bullish odds’ as BTC price holds 200-week trendline Crypto market prediction Bitcoin (BTC) has been consolidating between the 200-week simple moving average (SMA) and 200-week exponential moving average (EMA) since mid-August. This has led to some uncertainty among traders, with some Crypto market prediction a breakout to the upside and others predicting…
How high can Bitcoin price go by 2024? Crypto market prediction Bitcoin is the world’s largest cryptocurrency by market capitalization, and it has been on a wild ride in recent years. In 2021, Bitcoin reached an all-time high of nearly $69,000, but it has since fallen back sharply. As of October 2023, Bitcoin is trading…
Bitcoin price holds $28K range as institutional investor maneuvering boosts sentiment Bitcoin (BTC) price has been trading in a tight range around $28,000 over the past week, despite macroeconomic headwinds in the United States and other major economies. Some analysts believe that this recent price stability is due to increasing institutional activity and positive institutional…