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Cryptocurrency markets, previously anticipating Bitcoin ETF approval, now face selling pressure attributed to factors impacting Bitcoin and the broader crypto market. Persistent outflows from...
Cryptocurrency markets are exhibiting a stable trend this week after the initial volatility at the start of 2024. Following the approval of the spot Bitcoin ETF last week, there was a general pullback...
After a decade since the submission of the first Bitcoin Spot ETF application in the U.S. last week no less than 11 Bitcoin Spot ETFs were approved by the SEC! The approval of the ETF marks one...
Bitcoin broke the consolidation phase post-ETF approval, and now the spotlight turns to today's trading. The impact of spot Bitcoin ETF approval and global economic data is set to be felt. The crypto...
Following ETF approval, Bitcoin hits key Fibonacci retracement level.The highly anticipated ETF approval of Bitcoin and several ETF's has come and passed, and this has allowed Bitcoin to surge to the...
In case you haven’t heard, we’re on the verge of the first Bitcoin ETF in history being approved. Perhaps it will already have been confirmed by the time you read these words. Or perhaps...
The SEC and major investment firms appear prepared for Bitcoin ETFs to be approved later this week. Spot ETFs will be required to buy and hold underlying Bitcoin equal to their underlying assets,...
Regular readers know we primarily use the Elliott Wave Principle (EWP), to make prognostications on where Bitcoin (BTC) should ideally top and bottom. Besides, we track the 4-year cycle theory...
Bitcoin kicked off the new year on a high, crossing the $45,000 mark for the first time since April 2022.For the first time in 21 months, Bitcoin’s price surpassed the $45,000 mark, riding on...
Bitcoin faced selling pressure throughout the week, experiencing a pullback from the $44,000 area and prompting a focus on its consolidation phase. The $42,700 level, acting as a pivot point, is...
In 2023, Bitcoin displayed a remarkable rebound, defying previous downturns. After a difficult 2022, it recovered and significantly increased in value, surging by 164% since the year’s start....
Excuse me for disturbing your holiday with a random post about cryptos. You should all know by now that Solana has risen an astounding 1033% so far this year surpassing $114. Yes, I know several other...
Bitcoin is in a consolidation phase in December, using the $42,700 average level as a pivotal point The significant surge in value fueled by spot ETF news in 2023 appears to have been absorbed by the...
A year ago, the Bitcoin price was sitting at $16,837. Over the following 12 months, the flagship cryptocurrency staged a 160% comeback. Several factors helped BTC orchestrate its impressive recovery,...
Bitcoin (BTC/USD) has seen strong performance in 2023, rising as much as 28,470 points or 172% as of December 18.At the recent trend high of 45,000 bitcoin was up by 20,100 or 81% from the September...