Bitcoin has seen a slight decline. The main reason for the drop in Bitcoin’s price is attributed to selling by miners. Most miners are viewing the market unfavorably and have continued to sell. Currently, Bitcoin has a large number of open interests accumulating, and many believe this point to be a turning point. However, there … Read more
Bitcoin has experienced a slight decline, maintaining a level around $67,000. Recently, Bitcoin has been exhibiting characteristics more akin to a stable security with less volatility, making it increasingly difficult to achieve significant gains through Bitcoin alone. Currently, the market expects Bitcoin to continue its upward trend due to three main factors: 1. A large … Read more
Bitcoin has unexpectedly risen to $68,800. Normally, such a move might not be considered significant, but the current situation is different. I had anticipated a temporary dip followed by a major rally, but with this early June rise, it seems there are only two paths forward: either the price remains above $67,000 and continues to … Read more
Bitcoin is currently stagnant at $67,500, with significant buying and selling volumes. Since it’s already June, the market may face short-term downward pressure and begin to decline, but there is a longer-term bullish sentiment. Unlike previous months, a large volume of Bitcoin was bought rather than sold in May. The charts for altcoins are also … Read more
Bitcoin has stalled at $68,000 and is drifting there. In the market, various meme coins are becoming popular as Bitcoin’s trading volume decreases. Meme coins, like Trump Coin, are becoming buoyant while Bitcoin faces a significant resistance with many sellers at the upper levels. I have refrained from making predictions as there has been no … Read more
Bitcoin has been fluctuating around $70,000 after reaching $72,000. As previously expected, it remains in a downtrend. However, an unusual aspect is that despite the increase in buying volume for Bitcoin, it has actually declined slightly. I was not well aware of the ETF effect before, but through ETFs, the buying volume for Bitcoin has … Read more
Bitcoin has shown price changes, quickly rising to $71,000, erasing all previous support and resistance lines, and now looking at its previous all-time high. It has definitely shown a change in direction, and it seems like a time when the momentum might pause, swinging back and forth a bit as it loses some energy. One … Read more
Bitcoin continues to fluctuate around $67,000. A large volume was executed at $66,250, strengthening the support and resistance levels at $67,000 as they converge. The significantly increased transaction volume suggests that the price could move sharply in any direction soon. It seems like the movements will start to show gradually. With Monday marking the start … Read more
Bitcoin is currently maintaining a high point by staying around $67,000. People who had anticipated a drop and held short positions are experiencing liquidations, whereas Ethereum has not faced liquidations yet. There is now a buying premium, and it is perceived that we are in the midst of an upward cycle. The market capitalization has … Read more
Bitcoin has indeed seen a slight increase as expected. Despite all the negative factors in the market, the chart still shows an upward trend. A significant amount of trading took place at $61,200, and as a result of these trades, this price point is now acting as a strong support line. It seems that a … Read more