
Here Are 5 Reasons To Be Bullish On Bitcoin, Analyst Says
Market analyst and Bitcoin (BTC) maxi Fred Kreuger has revealed five top reasons investors should purchase the premier cryptocurrency. In a video post on X on Saturday, Kreuger described Bitcoin as a favorable short-term and mid-term investment, backing the asset to remain profitable over the next 12 months. The price of Bitcoin has recently returned above $67,000 following a 0.58% increase in the last day. This slight gain allows the crypto market leader to maintain its positive performance over the last week. Related Reading: Bitcoin Option Traders Are Betting On A Price Breakout Ahead....
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After a week of notable crashes, Bitcoin has again seen life breathed into its price trajectory and has reclaimed its mark above $90,000. The major primer for the return of bullish momentum was the announcement of a US crypto strategic reserve by President Donald Trump over the weekend, which could be the beginning of an extended rally for Bitcoin and other cryptocurrencies. With the return of bullish momentum, veteran financial analyst Peter Brandt listed six reasons Bitcoin has flipped bullish. Peter Brandt Lists Six Reasons Bitcoin Has Turned Bullish Bitcoin has seen its value rise by....
Crypto Assets Guy, a prominent voice in the digital currency landscape, ignited discussions today with a tweet championing XRP. Drawing upon a mix of legal stances, technological advancements, and market dynamics, he crafted a detailed discourse on why he believes the token’s future is luminous. Bullish On XRP: Reasons #1 And #2 The first reason to […]
Bitcoin has extended its decline below $90,000 as on-chain data shows whales selling off in massive amounts. This price decline comes amidst the otherwise bullish news of Donald Trump signing an executive order for a Strategic Bitcoin Reserve (SBR). The lack of bullish momentum despite this has brought into play the possibility of an extended bearish move from here. A well-known crypto analyst, Doctor Profit, has raised alarms about an impending major correction in Bitcoin’s price. In a detailed post on social media platform X, he outlined his reasons for this shift, arguing that the....
A crypto analyst has disclosed reasons why the price of Bitcoin could witness more declines to $52,000 lows. According to the analyst, Bitcoin has broken key support levels, which indicates a potential shift from a bullish to a bearish position. Analyst Projects Bitcoin Crash To $52,000 In a post on X (formerly Twitter) on June 21, crypto analyst, Justin Bennett predicted that Bitcoin could witness a price crash to key ranges between $52,000 and $54,000. He shared a price chart illustrating Bitcoin’s recent decline, highlighting that its price remains range-bound, showing no clear....