Bitcoin bulls are laying the path to $66K, but will they make it?
Bullish Bitcoin traders are making progress by attempting to retake the 200-day moving average, but a close above $66,000 could kickstart a rally to BTC’s all-time high. Go to Source
Bookmarking Crypto Insights
Auto Added by WPeMatico
Bullish Bitcoin traders are making progress by attempting to retake the 200-day moving average, but a close above $66,000 could kickstart a rally to BTC’s all-time high. Go to Source
Economist and gold advocate Peter Schiff says gold is “set to have its best year since 1979 when it rose 126%.” He highlighted that gold is up over $540 so far this year, which is its “largest dollar gain in history.” He further explained that “investors still haven’t noticed the bull market or added mining … Read more
The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rate by 50 basis points. This behavior had already been predicted by several analysts and institutions, who also expect … Read more
Peter Schiff, Chief Economist and Global Strategist at Europac, has criticized the lack of coverage that major economic media outlets have given to the recent surge in gold prices to record highs. However, Schiff characterized this lackluster coverage and the absence of experts addressing this subject as “bullish.” Economist Peter Schiff Blasts Economic News Sites … Read more
Adam Hamilton, the founder of Zeal Intelligence, a financial consulting company, predicts that gold prices will rise as American investors turn to gold, fleeing from traditional stocks and the burst of the artificial intelligence (AI) bubble. Hamilton explained that gold experienced this price upswing without this main demand factor, stressing that it was a very … Read more
As bitcoin prices slipped under $60,000 in early September, the once-electric excitement around bitcoin seems to have dimmed, as reflected in Google Trends data. Back on Jan. 1, 2024, the search term “bitcoin” was coasting along with a score of 57 out of 100, but fast forward to now, and it’s plunged to 32. When … Read more
Traders, whales, and ETFs are buying each major dip, but Bitcoin continues to lose momentum, calling the duration of the current bull market into question. Go to Source
Bitcoin’s price breakout could be delayed until October unless it manages to overcome the key $59.600 resistance. Go to Source
According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July. Go to Source
Bitcoin’s summer illiquidity could carry on into September, but lower interest rates could kickstart the real bull market in early 2025, according to analysts. Go to Source