Although BTC fell on the last day of the month, the streak continues. Bitcoin touched the all-time high in its price this week. Bitcoin (BTC), the most relevant digital currency on the market, concluded the month of October with an increase in its price. According to the CoinGlass datathe price of bitcoin closed the tenth … Read more
‘Made Easy Finance’ does not rule out that bitcoin could even reach $200,000 in this cycle. Overall, the company forecasts that 2025 will be bullish for bitcoin through October. The price of bitcoin is strongly above $72,000, thus approaching its most recent all-time high reached in March 2024. In the following graph, provided by TradingViewthe … Read more
Bitcoin (BTC) exchange-traded funds (ETFs) in the United States yesterday reported inflows of more than $870 million, the third highest figure since these financial instruments went on the market in January 2024. According to data from SosoValue, BlackRock’s iShares Bitcoin Trust (IBIT) had positive capital flows of more than 642 million dollarswhile the Fidelity Wise … Read more
With the closing of yesterday’s daily candle, the golden cross was formed. Macroeconomic data and US elections may boost bitcoin these days One of the most anticipated bullish technical patterns by bitcoin (BTC) investors has finally formed. It is a golden cross. This phenomenon occurs when bitcoin’s 50-day moving average (MA) price crosses above its … Read more
Never before in the history of bitcoin (BTC) has a presidential election had so much importance for its price. The growth of the cryptocurrency ecosystem has meant that now, when Donald Trump (Republican) and Kamala Harris (Democrat) face each other to reach the White House, bitcoin is one of the issues that can help define … Read more
Beyond the various economic calendar data expected for this week, there are three that could particularly have an impact on the financial markets. Of course, this includes the bitcoin (BTC) and cryptocurrency sector, so it should not be overlooked by its traders. On Thursday, October 31, The personal consumption expenditure (PCE) index of the main … Read more
According to Willy Woo, the altseason will arrive, but with less force than in previous years. The ‘altseason index’ shows that the market is far from an altcoin season. Bitcoin (BTC) dominance currently represents over 59% of the cryptocurrency market, its highest level in the last 3 years. This is an important metric that indicates … Read more
Gold continues to shine amid financial uncertainty that sparks the growth of US public debt. It is within this framework that central banks around the world are accumulating the precious metal in their reserves at record levels. According to financial bulletin analysts The Kobeissi Letter, central banks have 12.1% of the world’s gold reserves in … Read more
Many investors take advantage of the fact that bitcoin is “on sale” to increase their positions. In the long term, bitcoin has reasons to continue rising. Once again, the Middle East captures the focus of world attention. Last night and early today, Saturday, October 26, the State of Israel attacked military sites in Iranian territory. … Read more
In recent days, Bitcoin has seen its status as a decentralized and disruptive asset questioned by actors in the traditional banking and financial system. This, now that analysts from the European Central Bank (ECB) and the Minneapolis Federal Reserve of the United States, once again placed the pioneering digital currency under their critical spotlight. A … Read more