<img alt="Bitcoin Breakout Confirmed Here’s When the BTC Price May Reach $50,000 (1)" class="webfeedsFeaturedVisual wp-post-image" height="536" src="https://image.coinpedia.org/wp-content/uploads/2023/10/18190136/Bitcoin-Breakout-Confirmed-Heres-When-the-BTC-Price-May-Reach-50000-1-1024x536.webp" style="display: block; margin-bottom: 5px; clear: both;" width="1024" /><p>The post <a href="https://coinpedia.org/price-analysis/bitcoin-price-analysis-can-tether-whales-save-btc-from-impending-correction/">Bitcoin Price Analysis: Can Tether Whales Save BTC from Impending Correction?</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p>
<p>After watching from the sidelines in the past few months, smart money has prepared to enter the crypto market following the recent Bitcoin (BTC) and Ethereum (ETH) breakout. With all factors leading to high demand for digital assets by institutional investors, the trading volume for most crypto assets has more than doubled in the past &#8230;</p>

Bitcoin Price Analysis: Can Tether Whales Save BTC from Impending Correction?

A widely followed crypto analyst believes that Bitcoin (BTC) will cross the $40,000 level at any moment now. Pseudonymous crypto trader The Flow Horse tells his 188,600 followers on the social media platform X that he is bullish on Bitcoin because there is little reason for anyone to sell BTC under the current conditions. The […]
The post $40,000 Bitcoin ‘Coming Soon’ As BTC Now Giving Few Reasons to Sell: Top Crypto Trader appeared first on The Daily Hodl.

$40,000 Bitcoin ‘Coming Soon’ As BTC Now Giving Few Reasons to Sell: Top Crypto Trader

Source: Pixabay Forkast Labs has laid off a majority of its editorial staff after completing a merger with data provider CryptoSlam. According to sources cited by The Block, the crypto news site underwent a series of layoffs throughout the year, leading to the eventual decision to suspend editorial operations by the end of November. In […]
The post Forkast Cuts Majority of Editorial Staff After CryptoSlam Merger appeared first on Cryptonews.

Forkast Cuts Majority of Editorial Staff After CryptoSlam Merger

Dogecoin has just completed another month in the green despite the various dips and turns that it took in November. This green monthly close marks its second consecutive green monthly after finishing out October in the green as well. With this trend now complete, let’s take a look at Dogecoin’s historical performance when it has notched two consecutive green monthly closes. Two Green Dogecoin Monthly Closes The two consecutive green monthly closes for Dogecoin are significant due to how the price has performed when this has happened in the past. Given the meme coin’s highly volatile nature, it is not every time that it notches two consecutive green monthly closes and this could be very bullish for the price. Related Reading: Bitcoin Spot ETF In January 2024: A New Player Just Joined The Game For example, back toward the end of 2020, the meme coin had closed out the months of November and December in the green. While at the time, it did not seem relevant, this would signal the start of one of the most impressive rallies in crypto so far. Dogecoin took the green monthly closes and ran with it and the next few months would be characterized by nothing but green. The DOGE price went from around $0.008 following the green monthly close to over $0.05 in the next four months. Each of these four months would see the meme coin close in the green as its price continued to rally. If this trend were to repeat itself once again, then the DOGE price could be gearing up for another massive run. DOGE completes two green monthly closes | Source: DOGEUSD on Tradingview.com Can DOGE Replicate This Success? Dogecoin has historically been good with following trends, which bodes well for the current performance. However, there have been times when there has been a deviation from this trend despite marking the two consecutive monthly closes. In September and October 2022, Dogecoin had closed out both months in the green. However, the next few months would turn out to be quite bearish for the price. In the end, the meme coin saw two red monthly closes before seeing another monthly close. Related Reading: Bitcoin 65% Crash Possible? $54 Million In Buy Orders Pile Up At $12,000 A major difference between the 2022 trend and the 2023 trend though is the fact that 2022 was quite bearish following the FTX collapse while 2023 is very bullish with the Bitcoin price recovering again. With investor greed at a very high level, Dogecoin could continue to rise. As crypto analyst Ali Martinez points out, the meme coin is currently seeing a lot of resistance at $0.087. However, once it breaks through this resistance, then the DOGE price could double from here. Featured image from Watcher Guru, chart from Tradingview.com

Dogecoin Marks Two Consecutive Green Monthly Closes, What Happened The Last Time?

MicroStrategy, known as the largest corporate holder of Bitcoin (BTC), has again expanded its holdings. As revealed yesterday, the company purchased approximately 16,130 BTC in November (worth roughly $608 million at the current market rates). The acquisitions were executed at an average price of about $36,785 per Bitcoin, bringing MicroStrategy’s total holdings to 174,530 BTC. […]

MicroStrategy’s Bitcoin Bet At Risk? CFA Investigates The ‘Debt Problem’

Over the past year, the mining pool titan Foundry USA has consistently led the network in terms of hashrate. However, this month, the bitcoin mining operation Antpool has edged ahead of Foundry, albeit marginally, in hashrate rankings. In November, out of the 4,436 blocks that were mined, Antpool was responsible for uncovering 1,218 of them, […]

Antpool Surpasses Foundry in Hashrate Battle, Claiming Top Spot in November’s Bitcoin Mining Race

Bitcoin's surging value sparks market fervor amidst looming liquidations and increased interest in cryptocurrency derivatives.
Continue reading at DailyCoin.

Bitcoin Breaks 2023 Peak to Liquidate Bears Across the Board

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Mike Tyson speaks his mind... #crypto

DO YOU EVEN CRYPTO? tests the wits of technology pros and industry experts. See if you can play along at home and keep up with their knowledge of all things cryptocurrency, NFTs, altcoins and blockchain! Today we are delighted to welcome our guest, Lark Davis - check out his YouTube channel and Wealth Mastery Investor Report:

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Lark Davis - Do You Even Crypto?

In this video, we delve into the remarkable resilience and innovation within the Bitcoin community during the ongoing bear market. Despite the challenging times, there's a buzzing undercurrent of creativity, development, and discussions that set the stage for Bitcoin's rise.

As the world faces economic uncertainties, people are beginning to feel the pressure, searching for viable solutions. This video explores how, in such times, Bitcoin's foundational principles of sound money, decentralization, and censorship resistance become increasingly relevant.

We'll discuss the often-overlooked aspects of the Bitcoin ecosystem: groundbreaking developments, community support, and the enduring commitment to building a more robust and secure network. We'll also address how these challenging times are not just a test but an opportunity for Bitcoin, driving curiosity and understanding among a broader audience.

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Bitcoin Pops to $39k on ETF News!

Bitcoin continues to fly off exchanges, suggesting that HODLers are increasingly in it for the long term. We explore what this increasing illiquidity might mean for the bitcoin market as we approach the 2024 halving.

PLUS, Bitcoin Magazine Editor-in-Chief Mark Goodwin goes backstage at Bitcoin Amsterdam with Frank Holmes, Executive Chairman of Hive Digital Technologies. They discuss the imperative of private property rights for human rights, and what the future holds for the bitcoin mining industry.

Tune into this episode of Bitcoin Backstage for all the above, as well as coverage of the news of the week from Bitcoin Magazine's Isabella Santos.

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Are Exchanges Running Out Of Bitcoin? | Backstage w/ Frank Holmes

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Disclaimer
Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money. Lark Davis (The Crypto Lark and affiliated brand Wealth Mastery) is not providing you individually tailored investment advice. Nor is Lark Davis registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Lark Davis is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.