While the Bitcoin price is hovering just below the old all-time high of December 17, US Senator Cynthia Lummis and Eric Trump reportedly convened at the Capitol yesterday to discuss the notion of creating an American Strategic Bitcoin Reserve (SBR). Bloomberg’s Steven Dennis broke the news, while Swan, a crypto-focused platform, spotlighted Eric Trump’s now-deleted…
View More US Bitcoin Reserve: Eric Trump’s Deleted Tweet Raises EyebrowsIn a move that dashed high-flying expectations, US President Donald J. Trump ended his first day in office without issuing any crypto-related executive orders or referencing the much-touted Strategic Bitcoin Reserve he had teased during the Bitcoin 2024 conference in Nashville. Bitcoin’s price, which had surged to nearly $110,000 on hopes of a landmark announcement,…
View More Bitcoin Struggles For Direction Post-Trump Disappointment – What Next?
Bitcoin has surged to a new all-time high of $109,558 during early Asian trading hours, aligning with President Donald Trump’s inauguration day. Market observers point to the heightened possibility that Trump might establish a Strategic Bitcoin Reserve (SBR) through an executive order—one of possibly 100 he could sign immediately upon taking office. Is A Strategic…
View More Bitcoin Soars Towards $110,000 As Reserve Rumors Heat Up
Bitcoin’s recent rise above $100,000 has kept the market on edge as bullish momentum attempts to establish a new liquidity zone beyond this milestone. This push has introduced significant volatility over the past 24 hours, with Bitcoin fluctuating between $99,701 and $106,307 during this period. This intense volatility has allowed Bitcoin to achieve a daily…
View More Analyst Says Bitcoin Price Could Retest Substantially Below $100,000 If This Level Fails
With the Bitcoin price back above $100,000, there have been discussions about what could mark the cycle top for the flagship crypto. Crypto analyst Tony Severino has provided some insights on this, revealing around what price target the market top could be considered. Potential Cycle Top For The Bitcoin Price In an X post, Tony…
View More Bitcoin Price Above $100,000 Renews Hope, Analyst Reveals The Cycle TopTechnical analysis of the Bitcoin price chart shows that the leading cryptocurrency is still on the way to breaking above $100,000 in light of a pattern formation on the Bitcoin price chart. Notably, an analyst has pointed to a wedge pattern forming on Bitcoin’s 4-hour candlestick timeframe chart as the precursor to this bullish upside…
View More Pundit Says Bitcoin Price Will Break Above $100,000 If This HappensCrypto analyst Master Kenobi has identified a bullish pattern for the Bitcoin price, which is similar to one that was observed in the previous bull cycle. Based on this pattern, the analyst explained why the Bitcoin price could rally to as high as $169,000 in this cycle. Bitcoin Price Could Rally To $169,000 As Fractal…
View More Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is PossibleThe crypto market faces renewed volatility and uncertainty following the recent Bitcoin price crash below the $100,000 mark. As a result, a crypto analyst has shared a rather lengthy X (formerly Twitter) post outlining what to expect following this significant decline. He warns of critical levels to watch as selling pressures intensify, noting that both…
View More What To Expect After The Bitcoin Price Crash Below $100,000
Crypto analyst Tony Severino has revealed that the Bitcoin Percentage Price Oscillator (PPO) has turned red after reaching $102,000. He further explained what this development means for the flagship crypto in relation to the ongoing bull market. Bitcoin’s Weekly PPO Turns Red At $102,000 In an X post, Severino revealed that the Bitcoin weekly PPO…
View More Bitcoin Weekly PPO Turns Red At $102,000, What It Means For The Bull MarketRecent crypto market dynamics in the past four days have seen the return of bullish momentum into many cryptocurrencies, with the Bitcoin price leading the charge. Interestingly, this has led to the projection of looming gains in many altcoins, and technicals suggest an altcoin season might be rolling into place. Crypto analyst Kevin (@Kev_Capital_TA) recentlyBitcoin’s…
View More Bitcoin Forms First Daily Death Cross On Dominance Chart In 4 Years, What To Expect Next