Crypto strategist Michaël van de Poppe says Bitcoin (BTC) may take off on a series of rallies if it can break through a key resistance level in the coming days. The analyst tells his 782,000 followers on the social media platform X that Bitcoin needs to flip $84,500 into support this week in order to […]
The post Analyst Says Bitcoin Primed for ‘Party Time’ if BTC Breaks Above Critical Level, Updates Outlook on Chainlink appeared first on The Daily Hodl.
The co-founders of the crypto analytics platform Glassnode believe that for Bitcoin (BTC) to enter a strong uptrend, key metrics need to align. Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,100 followers on the social media platform X that based on historic precedence, three elements must line up for […]
The post Bitcoin (BTC) Needs Three Elements To Rally With Conviction, According to Glassnode Co-Founders appeared first on The Daily Hodl.
A closely followed crypto analyst says that Bitcoin (BTC) and Ethereum (ETH) may have reached a local market bottom. In a new post, crypto trader Rekt Capital tells his 542,600 followers on the social media platform X that the Relative Strength Index (RSI) – a momentum indicator used to indicate overbought or oversold conditions – […]
The post Bitcoin and Ethereum Likely Finished Correction As Technical Setup Plays Out, According to Analyst appeared first on The Daily Hodl.
The crypto exchange Bitfinex says Bitcoin could mount recovery rallies in the coming weeks if three factors flip favorably for BTC. In a new report, Bitfinex says that Bitcoin has witnessed shallower corrections this bull cycle, retracing between 18% and 22% before resuming its uptrend. However, the crypto exchange notes that BTC has already pulled […]
The post ETF Flows and Two Other Factors Will Dictate Potential Price Recovery of Bitcoin in Coming Weeks: Bitfinex appeared first on The Daily Hodl.
Bitwise chief investment officer (CIO) Matt Hougan says that Bitcoin (BTC) is potentially in the middle of a “dip and rip” price action scenario. In a new note to investors, Hougan explains that in moments of crisis, Bitcoin often plunges deeper than the stock market, but then rallies harder on the recovery. Hougan says the […]
The post BItwise CIO Matt Hougan Details Potential ‘Dip and Rip’ Scenario for Bitcoin (BTC) – Here’s His Outlook appeared first on The Daily Hodl.
The Japanese hotel and investment firm Metaplanet has issued fresh bonds and accumulated an additional 150 Bitcoin (BTC). The new Bitcoin acquisition brings the investment firm’s total holdings to 3,200 BTC. With Bitcoin trading at $81,383 at time of writing, that means Metaplanet currently owns more than $260.4 million worth of the top crypto asset. […]
The post Bitcoin Hoarder Metaplanet Issues Fresh Bonds To Increase Holdings to 3,200 BTC appeared first on The Daily Hodl.
A closely followed crypto analyst says that Bitcoin (BTC) may suddenly turn bullish based on one key indicator. In a new post, crypto trader Rekt Capital tells his 542,500 followers on the social media platform X that the Relative Strength Index (RSI) – a momentum indicator used to indicate overbought or oversold levels – may […]
The post One Indicator Could Soon Signal New Bitcoin Breakout, According to Crypto Analyst appeared first on The Daily Hodl.
The chief executive of a prominent analytics firm is suddenly turning bearish on Bitcoin, saying BTC has hit a major cycle top. CryptoQuant CEO Ki Young Ju tells his 417,200 followers on the social media platform X that on-chain data suggests that Bitcoin will not print new highs for at least half a year. The […]
The post ‘Bull Cycle Is Over’ – CryptoQuant CEO Abruptly Flips Stance on Bitcoin, Warns BTC Could Be Bearish for One Year appeared first on The Daily Hodl.
Macro investor and fund manager Dan Tapiero says he remains long-term bullish on Bitcoin (BTC) amid a correction that has seen the flagship crypto asset fall by around 24% from the all-time high recorded in January. In a new interview on the Wolf of All Streets YouTube channel, Tapiero says that Bitcoin could appreciate by […]
The post Bitcoin Will Rally to $180,000 As Investors Become Despondent, Says Venture Capitalist Dan Tapiero – Here’s When appeared first on The Daily Hodl.
South Korea’s central bank reportedly has no plans to include Bitcoin (BTC) in its foreign exchange reserves. The Bank of Korea said “a cautious approach is needed” when it comes to Bitcoin, citing the top crypto asset’s price volatility, per a new report from The Korea Herald, a South Korean news outlet. “In the case […]
The post Bank of Korea Rejects Bitcoin As Foreign Reserve Asset, Citing Instability and Other Factors: Report appeared first on The Daily Hodl.
