Bitcoin is up 3% on May 1st, briefly reaching $97,400 before dropping back to $96,600. Bullish investors are now preparing to face the psychological resistance of $97,000, while gold is experiencing a significant correction, losing more than 8% since its recent historical highs.
Historical data suggests that crypto markets typically experience a slowdown following the U.S. presidential inauguration. A new study by TS Lombard highlights this cyclical phenomenon, particularly pronounced during Republican transitions.
The bitcoin is going through a turbulent phase marked by a significant drop in its price, triggering massive liquidations in the market. As analysts revise their targets downwards, some experts now anticipate a return towards 90,000 dollars. Bitcoin falls below $92,000 The crypto market experienced a…
Bitcoin (BTC) continues to capture the collective imagination, flirting with bold highs. The year 2024 for Bitcoin is marked by a convergence of key factors. On one hand, sharp technical analysis aligns with enthusiastic speculation among investors. On the other hand, institutional adoption is experiencing unprecedented growth. Together, these elements compose a compelling narrative: that of Bitcoin's meteoric rise. It evokes records worthy of the greatest science fiction novels.
The price of Bitcoin is currently experiencing a period of turbulence after falling by 20%. This decline follows the launch of the first Bitcoin Spot ETFs in the United States. But several analysts agree that the bottom has not yet been reached for the flagship crypto.
Ethereum crypto: on-chain and technical indicators suggest the imminent arrival of a significant bullish wave.
Over the past few days, Bitcoin's (BTC) value has been declining. This trend, however, doesn't dampen analysts' optimism about the flagship crypto's short-term prospects.