Bitcoin Rising

What’s Fueling This Surge of Bitcoin Surges Past $94,000

Bitcoin’s ascent gathered fresh momentum on Tuesday, charging above the $94,000 mark and extending the gains to 26% since April 9. Three interlocking forces—geopolitics, strategic balance-sheet demand, and resurgent exchange-traded-fund flows—coalesced over the past 24 hours to ignite the rally. The initial indication emerged from Washington, as US President Donald Trump hinted at a partial … Read more

Bitcoin Up

Bitcoin Price Completes Head-and-Shoulder Formation, Analyst Predicts $78,000 Crash

Bitcoin price has finalized a head and shoulder formation, leading analysts to forecast a decline to $78,000. Crypto analyst Melika Trader has issued a caution regarding a potential bearish pattern that may be developing for the Bitcoin price. The analyst forecasts that the largest cryptocurrency by market capitalization may plummet to a minimum of $78,000. The … Read more

Multiple indicators suggest a bullish trend for Bitcoin

Bitcoin’s price dynamics remain a focal point as it momentarily exceeded $87,000 in today’s trading session, reflecting a significant 3.3% uptick over the preceding 24 hours. Although it has recently retraced to approximately $86,815 as of this writing, the asset’s steady recovery since last week seems to be establishing a basis for possible upward momentum. Analysts … Read more

BTC-USD Chart

Is a Bitcoin Rally on the Horizon?

Analysts suggest that these critical indicators appear to be favorable. Bitcoin (BTC) experienced slight increases earlier today, surpassing the $87,000 mark for the first time since April 1. Recent analyses indicate that Bitcoin could be poised for a prolonged upward movement, with multiple critical indicators signaling positive momentum. The indicators suggest a forthcoming rally for … Read more

Strategy - Bitcoin

Strategy has acquired $555 million worth of Bitcoin

Strategy has acquired $555 another million worth of Bitcoin, bringing its total holdings to 538,200 BTC. The organization has invested a staggering $36.47 billion in bitcoin thus far, solidifying its position as the largest corporate holder of BTC in the market. In a significant move, the company has bolstered its balance sheet by acquiring 6,556 … Read more