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bitcoin price bias

Ascending Parallel Channel Pattern Points To $57,000 Target

by Isaac Wright
Ascending Parallel Channel Pattern Points To ,000 Target

As anticipation builds around the potential approval or rejection of spot Bitcoin (BTC) exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) on January 5, the Bitcoin price …

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Mt. Gox Repayment Rumors Cause Bitcoin Price To Drop To $42,000, Market In Turmoil

by Isaac Wright
Mt. Gox Repayment Rumors Cause Bitcoin Price To Drop To ,000, Market In Turmoil

Mt. Gox, the infamous Bitcoin exchange that suffered a major hack over a decade ago, has allegedly finally begun the process of repaying its customers for the 850,000 lost Bitcoin. …

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Traders Employ Hedging Tactics, Bloomberg Unveils

by Isaac Wright
Traders Employ Hedging Tactics, Bloomberg Unveils

As the long-awaited deadline for a positive or negative decision on spot Bitcoin ETF applications approaches, Bloomberg reports that the BTC options market is seeing increased hedging activity as traders …

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FASB’s Fair Value Recognition Reignites $42,000 Support Recovery

by Isaac Wright
FASB’s Fair Value Recognition Reignites ,000 Support Recovery

The Bitcoin price experienced a notable downturn as selling pressure intensified, resulting in a decline of over 4% from its annual peak of $44,500. This downturn was further exacerbated by …

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SEC’s “Crypto Asset Securities” Alert Boosts Spot Bitcoin ETF Prospects

by Isaac Wright
SEC’s “Crypto Asset Securities” Alert Boosts Spot Bitcoin ETF Prospects

As anticipation builds for the long-awaited approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC), an encouraging sign has emerged, further increasing the likelihood of …

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Bitcoin Poised For December Surge As Historical Patterns Suggest Strong Upside Ahead

by Isaac Wright
Bitcoin Poised For December Surge As Historical Patterns Suggest Strong Upside Ahead

As the eagerly awaited Bitcoin (BTC) exchange-traded fund (ETF) verdict approaches, excitement and anticipation continue to grow in the cryptocurrency market.  According to a report by K33 Research, the upcoming …

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Bitcoin ETF Approval Probability Surges Beyond 99% As BTC Hits Fresh Yearly High

by Isaac Wright
Bitcoin ETF Approval Probability Surges Beyond 99% As BTC Hits Fresh Yearly High

In the countdown to the deadline for the long-awaited Bitcoin ETF applications by major asset managers worldwide, predictions regarding the rate of approval have significantly improved.  Inside sources from the …

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Expert Spotlights Potential $25,000 Liquidity Sweep

by Isaac Wright
Expert Spotlights Potential ,000 Liquidity Sweep

Bitcoin (BTC), the world’s leading cryptocurrency, has recently witnessed a surge in price, reaching a new yearly high of $42,100 on Monday. However, this significant price increase has raised concerns among …

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MicroStrategy Boosts Bitcoin Holdings With $590 Million Purchase, Totaling 174,530 BTC

by Isaac Wright
MicroStrategy Boosts Bitcoin Holdings With 0 Million Purchase, Totaling 174,530 BTC

In a testament to its unwavering confidence in Bitcoin (BTC), MicroStrategy, one of the largest Bitcoin holding companies, has once again expanded its cryptocurrency portfolio.  The company’s former CEO, Michael …

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$1.5 Trillion Milestone Achieved, Bitcoin Sets New Record

by Isaac Wright
.5 Trillion Milestone Achieved, Bitcoin Sets New Record

Bitcoin (BTC) and the cryptocurrency market have seen a significant uptrend, hitting a new annual high and surpassing $1.45 trillion, paving the way for potential gains in the final days …

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