Bitcoin Calm Is Over — ‘Every Time This Happened, Price Went Vertical,’ Says ...
Bitcoin is sitting at the “lowest amount of volatility of all time” on the monthly chart, and that historically precedes the cycle’s most forceful upside, according to crypto analyst Kevin (Kev Capital TA). In an October 1 video analysis, Kevin tied an all-time low in the Bollinger Bands Width (BBW) to a long-running pattern across prior cycles and argued that the setup into Q4 leaves “no excuses” for the market not to push higher if key supports hold and the macro backdrop stays benign. Kevin builds his case around two higher-timeframe indicators: the monthly BBW and the monthly RSI. BBW....
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In a wide-ranging interview with Anthony Pompliano published on October 2, Jeff Park, partner and Chief Investing Officer at ProCap BTC, argued that gold’s surging price and shifting global ownership patterns are not a threat to Bitcoin—but potentially the catalyst for its next structural leg higher. Park’s thesis centers on flows, geopolitics, and balance-sheet mechanics: if policymakers and large allocators learn to tap the paper gains embedded in sovereign gold holdings, they could redirect a meaningful slice of that liquidity into Bitcoin and ignite what he repeatedly framed as a....
The 2024 Bitcoin halving is only two days away, and there are already varying expectations of what might happen to the BTC price once the event is completed. One way to get an idea of how it could play out for the Bitcoin price, though, is through historical data and how the cryptocurrency has performed at times like these. Bitcoin Price Trends For Previous Halvings There have been three halvings so far since Bitcoin was first launched in 2009 and with each one, Bitcoin has demonstrated various reactions to the event. The first halving took place on November 28, 2012, the second happened....
Cardano (ADA) has been experiencing struggling prices since it hit its all-time high above $3 back at the start of September. Since then, it has been on a downward trend and had fallen below $2 for the first time as October drew to a close. Despite some important announcements and strides on the part of the project, the token has not seen much recovery, leading to panic among its holders. In light of this, founder Charles Hoskinson once again took to YouTube to address those whom he thinks are too overly concerned about price rather than the technology. This will not be the first time that....
President Nayib Bukele of El Salvador is attempting to calm the fears of his people following the current decline in the value of Bitcoin and other cryptocurrencies. The price of BTC had a dramatic decline last week, going below $18,000 for the first time since 2020. As of the time of writing, Bitcoin was trading at […]
If the Deutsche Bank were to collapse - which seems inevitable right now - they would impact every other financial institution on the planet. The global ramifications would be so widespread; the world whole would be pushed into recession again. The Brexit is raising a lot more questions than we have answers at this time. Despite turmoil on the stock and fiat currency markets, there is no significant altercation to speak of. The so-called Brexit “fear’ has not materialized yet, albeit this could be a period of the calm before the storm. At the same time, the IMF is pointing at Deutsche Bank....