Bitcoin price breakouts have been capped at $104,000, but a rally through the resistance could open the door for a run to $130,000. Bitcoin (BTC) Price Analysis and Potential Rally Bitcoin has been consolidating between approximately $100,700 and $105,800, showing a balance between buyers and sellers. Holding above the critical psychological support of $100,000 indicates…
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BTC bought between three and six months ago and moving onchain has spiked. It is a classic precursor to “significant” volatility, the latest analysis says. Bitcoin speculators may spark “significant” BTC price volatility as a large tranche of coins moves onchain. In one of its “Quicktake” blog posts on April 18, onchain analytics platform CryptoQuant warned…
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A Bitcoin user accidentally paid 0.75 BTC in transaction fees after a panic-induced replace-by-fee error, highlighting the risks of manual transaction settings in crypto wallets. One presumably panicked Bitcoin user paid almost 0.75 BTC (worth around $60,000 at the time) in a replace-by-fee (RBF) transaction fee. The transaction in question was sent about 30 minutes after midnight…
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Is the Bitcoin bottom in, or is today’s price action simply an oversold bounce that will trap overleveraged bulls? The Bitcoin sell-off, which dominated a majority of the weak, appears to be easing off, with BTC price making a recovery back in the $80,000 range to reach an intra-day high at $85,120. Some traders believe…
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MetaMask will expand from Ethereum Virtual Machine chains for the first time in May when it will add support for Solana, while Bitcoin will also be integrated in the third quarter. Crypto self-custodial wallet MetaMask is set to expand support to the Bitcoin and Solana networks and eventually remove gas fees as part of a…
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Bitcoin’s rangebound trading style is raising eyebrows among both traders and analysts despite the Bybit hack. Bitcoin eyed $95,000 into the Feb. 23 weekly close as signs pointed to a major BTC buy-in by business intelligence firm Strategy. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Strategy CEO Saylor hints at BTC exposure increase Data from Markets Pro and TradingView showed a…
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Bitcoin is trading in a tight range, pointing to a possible breakout in the near future. Bitcoin has been trading inside a tight range on Feb. 14, indicating indecision between the bulls and the bears. However, analysts remain upbeat on Bitcoin’s chances of hitting a new all-time high. Derive head of research Dr. Sean Dawson said…
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10x Research’s Markus Thielen sees a “real possibility” of a lower CPI print in the US on Feb. 12, which could defy consensus expectations and trigger a Bitcoin rally. Crypto market participants are expecting no change in the upcoming US Consumer Price Index, but a lower print is possible and could trigger an uptick in…
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El Salvador’s total Bitcoin stockpile has grown again and now stands at 6,068 Bitcoin, currently worth over $554 million. El Salvador has again stocked up its growing Bitcoin reserve, buying 12 Bitcoin in the last day amid a dip in the crypto markets. The country bought 11 Bitcoin on Feb. 4 for just over $1.1 million,…
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The adoption of Bitcoin as a strategic asset by smaller nation-states may be the catalyst that drives bigger countries to follow suit. El Salvador purchased two additional Bitcoin on Feb. 1. The country typically acquires one Bitcoin per day as part of its Bitcoin strategic reserve initiative but has been purchasing BTC at an accelerated pace.…
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