With the highly anticipated Bitcoin halving event approaching, investors in the cryptocurrency space are eagerly awaiting the potential market growth that may follow. However, seasoned cryptocurrency expert Benjamin Cowen has issued a cautionary note, suggesting that Bitcoin’s price may experience a correction following the halving. Cowen has identified a trend that indicates a possible decline
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Bitcoin has been consolidating over the past month, unable to sustain its rise beyond $73,000. However, Michael Van De Poppe predicts a surge in the short term, with the potential to reach $300,000 in this bull cycle. The upcoming Bitcoin Halving, set to happen in less than 12 days, is fueling optimism within the crypto
Bitcoin, the pioneer cryptocurrency, started the year 2024 on a high note, surging by a staggering 73% in the first quarter to hit a new all-time high price of $73,750. Despite a subsequent correction from this peak due to volatile price movements, major BTC stakeholders have continued to show a consistent pattern of accumulation in
Recently, there has been a significant increase in the number of short-term Bitcoin holders engaging in buying activities, with over 1.2 million BTC accumulated since December 2023. This surge in accumulation has caught the attention of market analysts, as it represents a departure from the traditional accumulation patterns seen in the cryptocurrency market. While whales
Cryptocurrency analyst PlanB has made headlines with his bold prediction that Bitcoin will reach $100,000 this year, despite the prevailing bearish sentiment in the crypto market. He confidently stated in a recent video that he believes hitting the $100,000 mark is inevitable for Bitcoin. Not stopping there, he even suggested that $100,000 might just be
The recent Bitcoin price dip, which saw the cryptocurrency fall below $67,000, has sparked concerns among investors. However, crypto analyst Michael van de Poppe has a different perspective on the situation. He suggests that the decline presents an opportunity for investors to acquire Bitcoin at a lower price. In a recent social media post, Poppe
Recent data from the blockchain analysis platform Arkham Intelligence reveals that Tether, the world’s largest stablecoin issuer, has increased its Bitcoin holdings significantly. On March 31, Tether acquired 8,888 Bitcoin, bringing its total BTC holdings to nearly 75,400. This move positions Tether as one of the largest Bitcoin holders in the market, surpassing even some
As the Bitcoin Halving event approaches, with only a few blocks left before miners’ rewards are halved, all eyes are on the potential impact this event could have on the price of Bitcoin. Scheduled to occur around April 19 at Block 840,000, the Halving is a deflationary measure programmed by Bitcoin’s founder, Satoshi Nakamoto, to
Many market analysts are focusing on Bitcoin as the Bitcoin Halving approaches, but crypto analyst Jason Pizzino has made a strong case for altcoins like Ethereum (ETH) and Solana (SOL). In a recent video on his YouTube channel, Pizzino suggested that Ethereum could potentially experience a breakout in the coming months. His analysis of the
Cryptocurrency analyst Rekt Capital recently discussed the potential breakout of Bitcoin (BTC) from a weekly range, signaling a possible upswing. The analyst identified a weekly range known as Black-Black, where Bitcoin has been trading since experiencing an 18% correction. This range was created by the candle-bodied peak and the upside-wicking peak from 2021. Rekt Capital