Author: Cointelegraph by Nancy Lubale

Bitcoin Investing Made Simple!

Why is Bitcoin price volatile today?

Bitcoin price whipsawed to $66,000 before recovering the top of its intraday range. Analysts explain why BTC is volatile today. Source link

Bitcoin price soars above $66K as crypto market momentum ramps up

Bitcoin price surged to a new 1-month high near $67,000 as a variety of bullish factors converged to push cryptocurrencies higher. Source link

Bitcoin traders expect a ‘push higher’ after several metrics turn bullish

Bitcoin price has cooled off from its recent highs, but analysts still anticipate a “push higher” as multiple BTC metrics flash bullish. Source link

Analysts forecast $200K+ Bitcoin price after BTC’s bullish momentum returns

Bitcoin’s decisive move above $65,000 and miners’ return to deep profitability could lead to BTC hitting $220,000. Source link

Bitcoin price rally to $65K fueled by ‘complete exhaustion’ from sellers — Glassnode

Bitcoin price displayed surprising strength after various market participants absorbed over 48,000 BTC that the German government sold. Source link

Bitcoin traders forecast ‘splendid’ bullish price action now that BTC is above $65K

Multiple Bitcoin price metrics point to an incredibly bullish “post-halving growth trajectory.” Source link

Bitcoin back above $65K as traders shake off Mt. Gox BTC transfers

Traders ignored the news that Mt. Gox transferred billions of dollars in BTC and instead focused on pushing Bitcoin price above $65,000. Source link

Bitcoin’s top 100 ‘dustiest’ wallets contain over $88M in BTC

More than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a “minuscule amount” of BTC. Source link

Bitcoin traders ‘under pressure’ after deepest correction since 2022 erases profits

83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022. Source link

Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying

Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction. Source link