Bitcoin (BTC) exhibits renewed bullish vigor coming from weeks of volatile market jitters sparked by macroeconomic volatility. The original digital currency gains traction in tandem with the overall market as a potential harbinger of a large-scale trend reversal. Traders and investors are carefully observing as Bitcoin struggles back from the latest extended volatility and regains […]
BTCPrice
Bitcoin Price Near $108,000, But Mayer Multiple Shows More Upside Potential
Bitcoin remains significantly undervalued despite prices hovering around all-time highs, a new on-chain analysis argues, and suggests that the current bull cycle still has a life ahead of it. Analysts point to a popular method of valuing Bitcoin by the Mayer Multiple as a key indicator that the ultimate high of the current cycle has […]
Bitcoin Eyes Breakout Amid Bullish Momentum and Strong Institutional Demand
Bitcoin appears poised for a major breakout as it rides a wave of renewed bullish sentiment following weeks of market turbulence. After enduring prolonged volatility driven by macroeconomic uncertainty, the world’s largest cryptocurrency is forming a notable reversal pattern and approaching a key Fibonacci retracement level that traders are watching closely. At the time of […]
Bitcoin Nears $108,000 Resistance as Investor Accumulation Remains Mixed
Bitcoin is once again in the spotlight as the leading cryptocurrency edges closer to a major technical breakout. After enduring several weeks of price volatility driven by global macroeconomic pressures, Bitcoin is now staging a recovery, showing early signs of a bullish reversal. The asset is approaching a critical Fibonacci retracement level, which could serve […]
Bitcoin ETF Inflows Hit $588 Million in a Day as Market Eyes $112000 Breakout
Bitcoin has witnessed a volatile but ultimately bullish price swing over the past few days, largely shaped by developments in the Middle East and strong institutional demand through spot ETFs. Following reports of U.S. military strikes on Iranian targets, BTC plunged to an intraday low of $98,200, reflecting heightened market anxiety. However, optimism returned quickly […]