[Forum Announcement] Bitcoin ETFs could soon cross 1M BTC as traders expect November tailwinds
**Abstract**: U.S. spot Bitcoin exchange - traded funds (ETFs) are expected to absorb the one - millionth Bitcoin as early as this week. Traders are preparing for potential crypto - friendly winds in November, including the U.S. election, the Federal Reserve's potential interest rate cut, and Russia's lifting of the Bitcoin mining ban (all in Nove
[Forum Announcement] Bitcoin Price Shows Bearish Engulfment After Breakout, Here’s How Far The Price Could Crash
The Bitcoin price action is raising concerns after a failed attempt to push past critical resistance levels, with bearish signals now emerging. According to an analysis shared on TradingView by the analyst RLinda, Bitcoin could be on the way to reversing last week’s gains and correcting heavily due to the formation of a bearish engulfing pattern.
[Forum Announcement] Bullish Signal Emerges: Bitcoin’s MACD Flash Could Trigger Vertical Surge, Analyst Suggests
A prominent cryptocurrency analyst, CryptoBullet, suggests that Bitcoin's price could soon surge as the weekly moving average convergence/divergence (MACD) indicator has flashed a bullish signal for the first time in a year. The analyst compares the current chart to that of 2021 and envisions a new all-time high in the near future. Meanwhile, Bitco
[Forum Announcement] Chainlink Holders Accumulating Amid CCIP Upgrade: Is A LINK Breakout Imminent?
Chainlink is the leading middleware, linking on-chain dapps with external data securely. While the platform is critical in many crypto sectors, especially DeFi, LINK has recently struggled for momentum.
[Forum Announcement] Bitcoin Bounces Back Above $67,000 as Traders Navigate ‘Liquidity Hunt’ Post-Surge
Bitcoin's price has rebounded from a ten-day low. Traders are attempting to determine a short-term direction amid a “liquidity hunt” after last week's surge. The asset is currently trading around $67,500 after dropping to $65,160 on Thursday. Bitcoin breached $69,000 on Sunday. Some experts think this week's price drop may be short-lived. A liq
[Forum Announcement] Bitcoin Price Shatters 7-Month Consolidation with Whale Influx
In a recent tweet, crypto analyst GertvanLagen revealed that Bitcoin’s price formed a cup and handle pattern similar to the S&P 500 index and Gold’s development before hitting their new high. The three charts showed a similar saucer-shaped recovery and a temporary pullback before triggering a massive rally. Theoretically, the chart setup shows
[Forum Announcement] Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Electric car manufacturer Tesla likely still owns its entire Bitcoin stash worth $780 million despite transferring all the funds to unidentified wallets on Oct. 15, according to a blockchain analytics firm. “We believe that the Tesla wallet movements that we reported on last week were wallet rotations with the Bitcoin still owned by Tesla,” A
[Forum Announcement] Bitcoin Accumulation Addresses Now Hold $194 Billion in BTC as Long-Term Investors Stack Sats at Unprecedented Pace
2024 CryptoQuant report shows that some addresses that have "never had a Bitcoin outflow" are currently accumulating Bitcoin at an unprecedented pace. Currently, these addresses hold 2.9 million bitcoins, worth about $194 billion at the time of writing. At the beginning of the year, the total amount of bitcoins in "Bitcoin accumulation addresses" w
Latest Post