Category: Cryptocurrency News

It was another volatile trading week in the Bitcoin (BTC) market marked by almost equal amounts of losses and gains. According to data from CoinMarketCap, Bitcoin moved between $95,000 – $98,000, forming a strong consolidation zone. However, popular crypto analyst Burak Kesmeci states the critical levels for the premier cryptocurrency lie outside this price range. Related Reading: Bitcoin At Risk? Analyst Says Breaking This Price Level Could Spark Significant Volatility Bitcoin Key Levels To Watch – $94,000 Support Vs. $117,000 Resistance In an X post on February 14, Burak Kesmeci shared an interesting technical analysis on the BTC market highlighting two key zones that could decide the short-term price direction. One of these critical zones is the 1.6 Gold Ratio Multiplier which currently stands at $117,000. The 1.6 Golden Ratio Multiplier is a valuation tool used to identify vital resistance zones in a bull market. Therefore, Kesmeci postulates that if the Bitcoin Futures market closes above $117,000, spot traders can anticipate the bull rally to rediscover its form leading to an immediate uptrend. The second important price zone identified by Burak Kesmeci is the 111-day Moving Average (111DMA) which is presently at $94,000. The 111DMA is a commonly used moving price average indicator that often acts as a key dynamic support level during the bull run. Consequently, a weekly or daily price close below $94,000 in the Futures market will invite a strong bearish pressure on Bitcoin translating into an immediate price dip.  Based on Kesmeci’s postulation, Bitcoin will likely soon break out of its current consolidation zone to register any significant price movement.  Bullish factors that may support a price breakout include an increase in ETF inflows and corporate crypto interest, as well as substantial progress in the US’s new pro-crypto agenda. On the other hand, investors should fear variables such as negative macroeconomic developments e.g. a hike in Fed interest rate especially considering the recent rise in US inflation. Related Reading: Shiba Inu Millionaire Numbers Fall Below 1,000 After Market Crash, How Much Do They Control? BTC Exchange Inflows Hit $1 Billion – Price Dip Incoming? In other news, analytics site IntoTheBlock reports the Bitcoin market recorded an inflow of over $1.3 billion resulting in a net inflow of $1.04 billion. Generally, massive exchange inflows are interpreted as a bearish signal as investors are likely moving their assets in preparation to sell on the exchange. At press time, the leading cryptocurrency continues to trade at $97,653 reflecting a 0.50% gain in the past 24 hours. However, its daily trading volume crashed by 12.80% and is presently valued at $32.29 billion. With a market cap of $1.93 trillion, BTC continues to rank as the largest digital asset. Featured image from iStock, chart from Tradingview

XRP is trading at $2.78 with a market capitalization of $160 billion, a 24-hour volume of $5.37 billion, and an intraday price range of $2.70 to $2.82, demonstrating active market engagement and bullish momentum. XRP XRP’s one-hour chart reveals a distinct upward trend, with XRP recently reaching $2.836 before stabilizing near that level. Buying pressure […]

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Bitcoin is copying gold’s price growth trajectory, raising possibilities of reaching price targets even beyond $300,000.

Short term Bitcoin holders (STHs) have been aggressively adding the OG cryptocurrency to their portfolios since September 2024, adding over 1.5M BTC. This takes the total tally of Bitcoin with STHs to 4M. In case you didn’t know, short-term holders are those market participants who hold the token for less than 155 days. Can Short-Term Holders Buy More $BTC? Interestingly, all of the previous Bitcoin rallies have come when short-term holders have exhausted their buying momentum. For instance, in the 2013 cycle, STHs held almost 5M BTC, while in the 2017 cycle, they had 6.2M coins. During the recent 2021 cycle, too, STHs stashed around 4.6M BTCs. So, it’s quite clear that the current stock of 4M BTCs is far from the peak buying power of short-term investors. This means that there’s enough room for Bitcoin to swell to fresh highs. On the other side, long-term holders (ones who have held the coin for more than 155 days) have offloaded 1.2M Bitcoins during the same time. A large part of this is attributed to profit bookings after $BTC crossed the $100K mark in the aftermath of pro-crypto Trump winning the election. Since then, however, Bitcoin has been range bound, trading between $95K and $100K. The market participants’ data suggest a transfer of $BTC supply from long-term holders to short-term holders, indicating that the coin is getting ready for the next bull run. Additionally, analysts also believe that $BTC (and crypto overall) has finally found a bottom. If you want to benefit from the upcoming Bitcoin-fueled frenzy, how about investing in a pro-Bitcoin crypto presale like BTC Bull ($BTCBULL)? What Is BTC Bull? BTC Bull is a meme-powered, community-driven token that rewards token holders with real $BTC airdrops every time the original cryptocurrency hits a new milestone, like $150K, $200K, and $250K. It’s worth noting that BTC Bull is the only crypto project on the market right now that rewards token holders with actual Bitcoins. No wonder why it’s one of the best cryptos to buy now. Not all crypto enthusiasts have the money to own a full Bitcoin, or even a sizable portion of it. This is the gap BTC Bull bridges, making it easy for investors who want to benefit from the upcoming Bitcoin bull run but without having to shell out thousands of dollars. Analysts have predicted that $BTC is on course to hit $1M by 2030. With a lot of milestones to achieve on the way till that magic number, $BTCBULL offers a unique opportunity to join the bandwagon and become a crypto millionaire. Why Can BTC Bull 100x? BTC Bull ($BTCBULL) allows you to create a sizable exposure in Bitcoin at just a fraction of the price. In addition to free $BTC airdrops at above-mentioned milestones, there’ll also be a burn event when Bitcoin reaches $125K, $175K, $225K, and so on. This will contract the total $BTCBULL supply, increasing demand and boosting its price. Simply put, apart from getting free $BTC, early investors can also benefit from the increase in the intrinsic value of BTC Bull itself. The BTC Bull presale went live on February 10 (less than a week ago) and has already raised a whopping $1.5M. Currently available for just $0.002365, BTC Bull is all set to be the next crypto to explode. It’s also worth noting that you’re required to hold $BTCBULL in the Best Wallet App to be eligible for automatic $BTC airdrops. Best Wallet App, by the way, is the best crypto wallet out there. It’s a non-custodial, multi-chain wallet with access to 60 chains, allowing you to manage 100% of your portfolio from within the app itself. Verdict – Invest in BTC Bull to Rally Behind Bitcoin’s Growth As Bitcoin readies itself for the next leg up, BTC Bull could very well be your last chance to cash in. How to buy $BTCBULL: Directly from the Best Wallet App. OR Connect your crypto wallet to the official BTC Bull website and complete the purchase from there. Find out more by checking out the whitepaper by $BTCBULL and their X feed. As always, we highly recommend that you only invest an amount you’re comfortable losing, as the markets can be pretty volatile. Also, this article isn’t investment advice, and you should do your own research before investing in crypto.

Bitcoin ETFs closed the last day of trading for the week on a positive note with a net inflow of $70.62 million after a string of outflows all week. Green Day for Bitcoin and Ether ETFs Love was in the air for bitcoin and ether ETFs on Friday, Feb. 14, with both ETFs registering a […]

https://www.criptonoticias.com/comunidad/milei-borro-publicacion-token-libra/ Accounts linked to the developers of LIBRA earned more than 80 million dollars in what appears to be a rug-pull. Accounts linked to those who launched this token earned over 80 million dollars, according to data analyzed by BubbleMaps. Minutes ago, just before 1:00 AM (Argentine time) on February 15, Milei deleted the post…
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Bitcoin has been trading sideways in a tight consolidation range, staying below key supply levels while holding strong above crucial demand zones. This phase of indecision has divided market sentiment, with many leaning toward a bullish trend that could result in an aggressive move in the coming days. While uncertainty lingers, analysts are optimistic that Bitcoin is preparing for its next significant price action. Related Reading: Ethereum Indicator Flashes Buy Signal On The Weekly Chart – Potential For A Rebound? Renowned analyst Jelle shared a technical analysis on X, revealing that Bitcoin is still building a 4-hour rounding bottom, a bullish pattern that often precedes a breakout. Jelle highlighted that a new higher high was set on Friday, signaling potential momentum in favor of the bulls. This formation suggests that Bitcoin could be gearing up for a move toward reclaiming key levels, including the much-anticipated $100K mark. Despite the recent sideways price action, Bitcoin’s resilience above crucial demand zones reflects underlying strength. Many traders and investors are keeping a close watch, as this consolidation could soon come to an end. Whether BTC breaks above its supply zone or retraces to retest lower levels, the next move is expected to set the tone for short-term market direction. All eyes remain on Bitcoin as the market awaits confirmation. Bitcoin Prepares For A Massive Move Bitcoin’s price remains driven by speculation and uncertainty as short-term price action continues to be unpredictable. The price has struggled to reclaim the $100K mark, leaving analysts divided over its next move. Some are calling for a cycle top at $109K, while others believe that Bitcoin is setting the stage for a massive rally once it consolidates and establishes strong demand at current levels. Jelle shared a technical analysis on X, highlighting that Bitcoin is still forming a rounding bottom pattern above the $94K level—a bullish structure that signals accumulation and potential upward momentum. He pointed out that a new higher high was set on Friday, strengthening the case for a possible breakout. According to Jelle, if Bitcoin can hold for another higher low over the weekend, bulls could push the price toward the critical $100K mark next week. Despite the ongoing uncertainty, the rounding bottom pattern offers a glimmer of optimism for the market. Bitcoin’s ability to stay above the $94K level reflects its resilience, even amid volatility. Traders and investors are closely monitoring this consolidation phase, as it could determine the next significant trend for BTC. Related Reading: Dogecoin Adam & Eve Structure Hints At Bullish Potential – Can DOGE Breakout? If the price successfully reclaims the $100K mark, a rally toward the $109K cycle top becomes increasingly likely. Conversely, failing to hold current levels could lead to a deeper correction. The coming days will be crucial for Bitcoin’s short-term direction, with both bulls and bears battling for control. BTC Price Struggles With Short-Term Direction Bitcoin is trading at $97,700 after briefly tagging the 4-hour 200 EMA near $98,800, sitting less than 3% below the crucial $100K level. Bulls are striving to reclaim the $98K level and push the price above the psychological $100K mark, a critical resistance zone that has kept BTC in a consolidation phase. Breaking above $100K would signal renewed momentum and could set the stage for a strong uptrend. The $98K and $100K levels are key short-term hurdles for bulls, as reclaiming these zones would restore confidence and likely attract more buyers. A successful breakout above the $100K mark could ignite a rally, taking Bitcoin into higher territory and possibly testing all-time highs. Related Reading: Ethereum Whales Have Bought Over 600,000 ETH In The Past Week – Time For A Price Upswing? On the flip side, downside risks remain significant. Losing the $94K support level could trigger a correction into lower demand zones around $89K, where buyers might step in to prevent further declines. Such a move would signal continued market indecision and could lead to extended consolidation or even bearish pressure. Featured image from Dall-E, chart from TradingView