Bitcoin chart signals possible move to $68K 'extremely quickly' — Traders

Bitcoin (BTC) had a rough year all throughout 2022.But fresh on-chain and futures market data show positive signs that the leading cryptocurrency by market capitalization has started to recover. After a bevy of short liquidations, the futures market is pointing toward renewed equilibrium. According to data from Glassnode, short position liquidations cleared out unhealthy market…

In a scathing attack on the world’s ailing financial system, Raoul Pal puts his faith firmly in Bitcoin and gold as the future. 1433 Total views 25 Total shares Bitcoin (BTC) can rally to $1 million but coronavirus means that the baby boomer generation is “fucked,” a damning new macro report concludes.Originally published to clients…

Bitcoin is in line to benefit from a tsunami of institutional capital, says Dan Tapiero, while Ethereum is also due an ETF boost. 237 Total views 3 Total shares Bitcoin (BTC) faces a “torrent” of institutional inflows in the run-up to a United States exchange-traded fund (ETF) approval.That is the perspective of Dan Tapiero, founder

A day of consolidation ends in fresh bullishness for Bitcoin price action, which continues to close in on final resistance below all-time highs. 2060 Total views 35 Total shares Bitcoin (BTC) returned to beat the week’s four-month highs on Oct. 8, climbing $2,000 in two hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC’s price beats Wednesday’s…

Bitcoin pulls a fresh surprise out of the hat just as opinions were beginning to flip bearish below $60,000. 4127 Total views 15 Total shares Bitcoin (BTC) delivered another classic surge during Oct. 28 as bulls enjoyed a $1,700 hourly candle.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin suddenly abandons the bearsData from Cointelegraph Markets Pro…

As Bitcoin (BTC) tested a $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. The week may have finished at the same level where it started, but the fundamentals for Bitcoin have become even healthier.BTC/USD 4-hour chart. Source: TradingViewWhenever the Bitcoin price drops considerably, there is usually some blatantly…

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Huobi Global is the third major cryptocurrency exchange to pen a blockchain ecosystem development agreement with the South Korean city. 313 Total views 41 Total shares South Korea’s ‘blockchain’ city of Busan continues to establish agreements with cryptocurrency industry heavyweights as Huobi Global enters the development ecosystem.Huobi Global and its Korean branch became the latest…