Browsing: Bitcoin

Bitcoin Hedge Narrative Bitcoin’s potential as a hedge has not materialized, as five macroeconomic indicators highlight the underlying truth of its performance. Analysts have speculated about Bitcoin’s role as a hedge against inflation and economic… (via Bpaynews real-time desk)

Bitcoin hedge narrative The narrative surrounding Bitcoin as a hedge has not been fulfilled, as five macro indicators highlight this reality. Analysts have long debated Bitcoin’s potential to serve as a hedge against inflation and… (via Bpaynews real-time desk)

Satoshi Banmaki suggests that Bitcoin’s support zone is expected to be between $81,800 and $74,800. This range indicates potential stability for the cryptocurrency. Analysts often look at support zones to gauge where prices might stabilize… (via Bpaynews real-time desk)

Bitcoin long liquidation pressure If Bitcoin’s price falls below $84,000, long liquidation pressure from mainstream centralized exchanges (CEX) could amount to $1.185 billion. This scenario suggests a significant impact on market sentiment and trading dynamics.… (via Bpaynews real-time desk)

Bitcoin has recently dropped below the $86,000 mark, reflecting ongoing volatility in the cryptocurrency market. This decline has raised concerns among investors about the stability of Bitcoin’s value. Market analysts are closely monitoring the situation,… (via Bpaynews real-time desk)

Bitcoin final bottom forecast The recent analysis suggests that Bitcoin could potentially reach a final bottom of $75,000 during its ongoing downtrend phase. This forecast reflects concerns in the market about Bitcoin’s performance amid a… (via Bpaynews real-time desk)

A significant whale has taken a 20x short position on Bitcoin, realizing an unrealized gain exceeding $30 million while generating $9 million solely from the funding rate. This trading strategy highlights the whale’s confidence in… (via Bpaynews real-time desk)

cryptocurrency market downturn The recent downturn in the cryptocurrency market has largely resulted from retail investors selling off Bitcoin and Ethereum, alongside the introduction of a physically-backed Ethereum ETF. This market decline reflects a significant… (via Bpaynews real-time desk)

U.S. stocks closed lower on Thursday, with the Nasdaq experiencing a decline of over 2%. The downturn in tech-heavy indices reflects ongoing market volatility. Bitcoin also faced a setback, dipping to $86,100 at one point… (via Bpaynews real-time desk)

U.S. stocks ended lower on Thursday, with the Nasdaq Composite falling more than 2%. The decline reflects ongoing market volatility and investor concerns. The Nasdaq’s drop was significant, contributing to a broader downturn in the… (via Bpaynews real-time desk)