Author: Cointelegraph by Nancy Lubale

Bitcoin Investing Made Simple!

MicroStrategy overtakes Microsoft in all-time stock gains as Bitcoin bet pays off

MicroStrategy is up over 1,500% since 1999 compared to Microsoft’s 1,460% gains during the same 25-year period. Source link

94% of all Bitcoin in profit hints that $69K BTC price was a local top

Bitcoin price was rejected due to profit-taking and big resistance at $69,000, but breaking it would trigger over $1.6B in short liquidations. Source link

Why are Bitcoin traders worried about a 'painful' BTC price dip?

Crypto market analysts believe Bitcoin price may see a “corrective move” before a major rally in Q4 2024. Source link

These 5 Bitcoin price metrics hint at a new all-time high in 2024

Bitcoin open interest is rising and bulls are eyeing new all-time highs above $75,000 as “Uptober” begins to take shape.  Source link

Bitcoin traders don’t expect new highs until the 200-MA becomes support

Bitcoin price trades in a 7-month range, and charts suggest the pattern could culminate with a strong downside move.  Source link

Bitcoin’s drop below $62K shows BTC price remains on ‘delicate ground’

The battle between Bitcoin buyers and sellers continues as BTC’s price falls closer to a key support level. Source link

Bitcoin follows ‘perfect script’ charting $150K+ all-time high this cycle — Analyst

A veteran trader says Bitcoin is following a “perfect script” that terminates with a potential $150,000 cycle high.   Source link

‘Uptober’ builds strength as Bitcoin held on exchanges falls to 6-year low

Bitcoin held on exchanges fell to a new low while spot Bitcoin ETF inflows resumed pace. Is Uptober back on? Source link

Bullish Bitcoin traders switch sides and target new BTC lows under $60K

Traders agree that Bitcoin’s short-term price prospects are strongly angled toward the downside.  Source link

Bitcoin investors in ‘better position’ as onchain metrics signal market shift — Glassnode

Despite this week’s sell-off, onchain and technical data highlight an encouraging shift in the Bitcoin market. Source link