bitcoin

btc

Analyzing the Imminent Expiry of BTC and ETH Options

The economic calendar of the cryptocurrency market is marked by a noteworthy event today (19 May 2023), as a significant number of Ethereum and Bitcoin options are set to expire. This occurrence is expected to have a substantial impact on price movements within the cryptocurrency realm. Bitcoin, being the leading digital currency, currently has around …

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btc-decline

Bitcoin’s price may potentially decline towards $25K due to a technical breakdown.

The value of Bitcoin is currently on a decline, dropping below the crucial $27,000 level. As a result, there is a looming possibility of a downside breakthrough, potentially causing BTC to fall towards its $25,000 support level. Despite efforts to recover, Bitcoin has faced difficulty in surpassing resistance levels of $27,500 and $27,800. Presently, the …

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btc-gold

Bitcoin and Gold Prices Soar in Wake of Fed Rate Hike Announcement

The anticipation of a temporary halt in the Federal Reserve’s interest rate hike led to a surge in Bitcoin’s price, breaking its stagnant range of $28,000. On Thursday, Bitcoin climbed to $29,241 during early New York trading, following the Fed’s announcement of a 25 basis point rate increase and speculation of a potential adjustment in …

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btc-bull

The indicator that is most reliable in forecasting Bitcoin’s growth

Charles Edwards, the founder of Capriole Investments and an analyst, has expressed his belief in the growth prospects of Bitcoin. In a microblog post, he shared his bitcoin forecast and provided arguments supporting the increase in the coin’s price. Edwards drew attention to a graph that shows how Bitcoin behaves in response to changes in …

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