Category: Bitcoin News

Bitcoin’s naysayers rejoiced with a 10% drop from the all-time high as the price plummeted back down to $97,000. You can still spend more than $100,000 on just one Bitcoin. The mind-boggling expansion of this asset over the previous fifteen, almost sixteen, years is demonstrated by the fact that the “dip” has rebounded to just […]

Bitcoin is a tool that El Salvador is using to gain economic independence, strengthen its economy, and lessen its reliance on banks and other traditional financial institutions. The decision by El Salvador to recognize Bitcoin as legal cash in 2021 is the most talked-about. Following this, the country began purchasing Bitcoin with the intention of […]

The current sell-off in BTC prices has likely crested, suggesting that Bitcoin traders have reached their top. The daily chart of Bitcoin has been devoid of three consecutive red candles since, ironically, the first week of November—right before Donald Trump’s US election triumph. Another commonality is that Bitcoin retested the level of the 50-day exponential […]

Bitcoin Office’s director, Stacy Herbert, claims that the government buys one Bitcoin. On Thursday, El Salvador announced that it would hold off on buying Bitcoin as quickly as possible but would still do so. It was expected that the government would reduce its exposure to cryptocurrency, as requested by the World Monetary Fund in a […]

Avoid market turbulence by retaining liquidity when Bitcoin approaches $102K. See why Bitcoin’s health depends on this price. Bitcoin’s $102K support level ensures consistent investor demand, preventing a liquidity crisis. Bitcoin has been heavily investigated due to its volatility. Traders and investors monitor price variations and use technical analysis to predict results. New attention has […]

Analysts expect Bitcoin to reach $210K as institutional and investor demand intensifies. Bitcoin, the most popular cryptocurrency, crossed $108k. This remarkable surge has generated conversations among institutional and individual investors about its potential to rise even higher. Bitcoin prices have varied, but this spike is unusual. Institutional investors believe Bitcoin’s rise is far from done […]

Michael Saylor, chairman of MicroStrategy and a Bitcoin bull, lays out the steps necessary for Bitcoin to attain his ambitious price target. Although there are many optimistic Bitcoin price projections for the future, the most daring one is Michael Saylor’s. Bitcoin Could Reach $13M by 2045 Many were taken aback when MicroStrategy’s executive chairman made […]

Institutional investors’ continued infusion of capital. Bitcoin is pushing its ratio relative to gold to all-time highs as we approach the end of the year. The latest breakout in Bitcoin’s price has further increased this ratio. On Monday, the ratio reached an all-time high of 37.3, representing the amount of gold one Bitcoin can buy. […]

The Bitcoin 30K Support Zone has been a stable and vital price point in the market. This crucial support level strongly influences the future of Bitcoin’s price and the possibility of bullish momentum. The cost of Bitcoin has been moving up and down recently, so traders are looking for key levels of support and resistance. […]

At $103,000, Bitcoin has reached a significant turning point in its price recovery. Given the growing backing from institutions and changes in the global economy, Bitcoin might be heading towards a new record high. Interest in Bitcoin has been piqued by its recovery to $103,000. After reaching this point, Bitcoin might be heading for an […]