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Crypto Pundit Tells Bitcoin Investors To Hold On A Bit Longer, Here’s Why

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Since reaching its all-time high in March 2024, the value of Bitcoin (BTC) has faltered, failing to sustain a steady upward momentum and dampening investors’ expectations for a major bull rally following its halving event. However, a crypto analyst is offering a glimmer of hope, encouraging investors to remain patient despite the market downtrend, as the next few months could present a bullish turnaround for Bitcoin. 

A Ray Of Hope For Crypto Investors

As said by many crypto analysts, the month of September is historically a difficult period for Bitcoin, characterized by severe downward momentum, volatility and instability. Rekt Capital, a crypto analyst, told his over 500,000 followers on X (formerly Twitter) that Bitcoin’s price has plummeted by approximately 8% this September. 

He revealed that in the previous years, the cryptocurrency witnessed a similar price decrease, falling between the range of 5% to 7% in the September of 2021, 2020, 2017 and 2018. According to the analyst, this price decline was nothing out of the ordinary, as BTC typically performs poorly in this month.

In light of this recurring downtrend, a crypto expert identified as ‘Unipcs’ has offered a ray of hope to investors who have been experiencing Bitcoin’s severe price declines recently. Unipcs stated that in the past, October and November have been significantly positive and bullish for crypto prices, showing strong upward movements. 

Crypto 1
Source: X

The analyst noted that this year’s current market cycle is following the same trend as previous years, where Bitcoin continually experienced a decline in September and an upsurge in October. Based on this historical pattern, Unipcs predicts that the price of Bitcoin could have a major turn around in the coming months. 

He has urged investors to hold on a bit longer and stay invested in BTC, as he believes the market will potentially become more favorable and profitable soon. The analyst’s predictions are shared by numerous other crypto experts, who have also identified the recurring declining Bitcoin price in September

Rob Inhoods, a crypto enthusiast and analyst, revealed that Bitcoin has ended September positively only three times since its inception in 2012. However, each time, the cryptocurrency experienced a major upward rally in October, November, and December. 

Crypto Rover, a prominent Bitcoin crypto YouTuber, also told his 825,700 followers on X that September is usually the worst month for BTC, while October and November are historically the best. 

Crypto 2
Source: X

Bitcoin Rallies After Months Of Decline

On September 10, Santiment, a market intelligence platform, unveiled a new and profound change in Bitcoin’s price dynamics. According to reports, BTC’s market value is finally rallying after witnessing a series of declines and slight upticks since its halving event on April 20, 2024. 

Crypto 3
Source: X

The cryptocurrency reached a price high of $57,600 on Monday, September 9, representing a more than 4.8% increase in the past 24 hours. Despite the significant price increase, traders are still in doubt and are currently shorting markets on various crypto exchanges like Binance and BitMEX. 

However, Santiment has remained bullish, predicting that traders‘ Fear, Uncertainty, and Doubt (FUD) could potentially fuel more spikes in Bitcoin’s price. As of writing, the price of BTC is trading at $57,202, reflecting a 4.14% increase in value, according to CoinMarketCap.

Bitcoin price chart from Tradingview.com
BTC price claims $57,000 | Source: BTCUSD on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com



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Bitcoin Price Volatility Far Lower Than During COVID-19 Crash — What This Means

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Over the past few weeks, the cryptocurrency market has been overwhelmed by a high degree of uncertainty and volatility triggered by the constantly shifting global macroeconomics. This unsettled market condition saw the Bitcoin price dance between $74,000 and $83,000 in the space of a few days.

The price of BTC sank toward $74,000 at the start of the past week as crypto investors panicked after United States President Donald Trump announced new trade tariffs. On Thursday, April 10, the premier cryptocurrency reclaimed the $83,000 level after President Trump paused trade tariffs on all countries except China.

Is Bitcoin Now A ‘Mature Asset’?

The Bitcoin price has been quite reactive to virtually every piece of news in the global trade, demonstrating the highly volatile state of the cryptocurrency market. However, an on-chain analytics expert has explained that the volatility of the current Bitcoin market pales in comparison to past episodes.

In a new post on the social media platform X, CryptoQuant’s head of research, Julio Moreno, revealed that the Bitcoin price volatility in the ongoing global trade drama has been “so far lower” than that from other past events, such as the COVID-19 crash, Terra-Luna collapse, FTX downfall, and the Silicon Valley Bank (SVB) bank run.

The relevant indicator here is the Price Intraweek Range metric, which estimates the percentage change in the average weekly price of Bitcoin. According to data from CryptoQuant, the Bitcoin Price Intraweek Range climbed to an all-time high of 72% during the COVID-19 market downturn in April 2020.

Bitcoin price

Source: @jjcmoreno on X

The chart above shows that the BTC Intraweek Range metric surged to 49% after the crash of the Terra Luna ecosystem in May 2022. Meanwhile, the indicator reached 31% following the collapse of the Sam-Bankman-Fried-led FTX exchange in late 2022 and the SVB bank run in early 2023.

With the escalating trade tensions between the United States and China, the Bitcoin Price Intraweek Range metric stands between 8% – 21%. This reduced volatility suggests that the premier cryptocurrency has matured as an asset, with deeper liquidity and a better market structure.

The relatively stable price action can be connected to the growing base of long-term holders and steady corporate adoption, as institutional players are beginning to view the world’s largest cryptocurrency less as a high-risk asset and more as a hedge against macroeconomic uncertainties.

Bitcoin Price At A Glance

As of this writing, the price of BTC stands at around $83,700, reflecting a 5% increase in the past 24 hours.

Bitcoin price

The price of BTC returns to above $83,000 on the daily timeframe | Source: BTCUSDT chart on TradingView

Featured image from iStock, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Bitcoin’s Impact Alarming, Says NY Atty. General—Congress Needs To Act

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New York Attorney General Letitia James issued a warning to US congressional leaders regarding regulation of cryptocurrency, particularly how Bitcoin and other virtual currencies could erode the US dollar’s position around the world. She urged stronger federal regulations to protect investors from fraud and criminal use in the cryptocurrency market.

NY’s Top Lawyer Demands Stricter Crypto Restrictions

James emphasized the importance of a federal regulatory system for digital currencies in her Congressional letter. She identified that lacking regulation, these type of currencies expose users to fraud and monetary volatility.

Bitcoin currently presents an actual threat to the dominance of the dollar, particularly since more businesses and individuals opt for digital currencies when sending money overseas, James indicated.

Her concerns echo those of BlackRock CEO Larry Fink, who suggested that Bitcoin could serve as a hedge against the dollar amid US fiscal challenges and rising inflation.

“Millions of New Yorkers actively buy, sell or hold cryptocurrency and other digital assets, and they deserve further protection,” James wrote in her message.

Stablecoin Safeguards And Investor Protection Measures

The Attorney General placed particular emphasis on stablecoins, which are cryptocurrencies pegged to stable assets such as the US dollar. She called on lawmakers to establish regulations mandating that stablecoin issuers have a US presence and support their tokens with US dollars or treasuries.

James described how stablecoins facilitate the exchange of value among various cryptocurrencies but, in the absence of regulation, can be manipulated and create fraud.

She also demanded greater protections from crypto scams that have resulted in tremendous financial losses. “Thousands of New Yorkers and investors nationwide have lost millions of dollars to cryptocurrency scams and fraud that can be avoided with more robust federal regulations,” James said.

Keep Crypto Out Of Retirement Funds

James actually cautioned against having digital assets in retirement accounts like IRAs. She contended that cryptocurrencies are too volatile and risky for retirement savings plans, citing the extreme price fluctuations of Bitcoin as proof of instability capable of injuring the financial well-being of individuals, especially retirees relying on savings. This is because financial institutions like Fidelity began offering crypto IRA options to clients.

In addition to investor protection, James also contended that thorough crypto regulations would enhance national security. She explained that cryptocurrency purchases are usually anonymous and used for criminal activities, thus necessitating the government to implement stringent rules mandating crypto firms to register with regulators and adhere to anti-money laundering protocols.

Featured image from Dado Ruvic/REUTERS, chart from TradingView





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Is Bitcoin Ready for Another Surge?

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The US Dollar Index (DXY), which measures the dollar’s value against a basket of foreign currencies, has dropped to a three-year low. The decline contrasts with gold’s performance, which hit an all-time high of $3,220 amid rising trade war tensions.

Yet, DXY’s dip has sparked optimism among cryptocurrency investors. Many see the weakening dollar as a bullish signal for Bitcoin (BTC), which has recently shown signs of modest recovery.

Will Bitcoin Rally Following the DXY Index’s Fall?

Data shows that the DXY index dropped by 1.5% in the last 24 hours. As of press time, it stood at 99.4, marking its lowest level since April 2022. The decline is part of a broader trend in 2025, with the DXY down 8.3% since January.

“The US dollar index dropped to its lowest level in nearly three years amid capital outflows from American assets. Escalating trade tensions and growing concerns over broader economic fallout, particularly for the US, have weighed heavily on market sentiment,” CryptoQuant’s Alex Adler told BeInCrypto.

Notably, the index’s fall below 100 marks a critical threshold. Historical data highlights a strong correlation between a declining DXY and substantial Bitcoin price surges. 

Bitcoin Vs. DXY Performance
Bitcoin Vs. DXY Performance. Source: TradingView

The last two times the DXY fell below the 100 mark—in April 2017 and May 2020—Bitcoin experienced significant, months-long rallies. These substantial increases have led to speculation that history could repeat itself. If it does, Bitcoin could potentially be poised for another major surge.

Interestingly, Bitcoin has already shown signs of recovery after the 90-day tariff pause. The largest cryptocurrency reclaimed the $80,000 level, signaling renewed investor confidence. According to BeInCrypto data, Bitcoin appreciated by 0.8% over the past 24 hours. This reflected minor but positive gains that suggest momentum could be building.

In fact, the market watchers on X (formerly Twitter) share a similar outlook.

“Weak dollar is going to be a surprising tailwind for emerging markets this year that wasn’t on anyone’s bingo card,” a user wrote.

Meanwhile, an analyst observed that the US dollar’s decline has occurred despite the Federal Reserve’s failure to reduce interest rates or implement quantitative easing (QE).

“Traditionally, DXY going down is very bullish for BTC,” he said.

The analyst also highlighted a notable bearish divergence on the charts. Thus, he predicted that the dollar could potentially drop to 90, signaling a further decline in its value.

DXY index Bearish Divergence
DXY Index Bearish Divergence. Source: X/VentureFounder

Similarly, another analyst described DXY’s decline as “one of the best anticipated macro moves ahead.”

“Each time this has happened in the past, it resulted in a massive bull market for Bitcoin, Crypto, and stocks,” Jackis remarked.

He also acknowledged that the markets have been slow to react, attributing this delay to a lag of more than three months. Additionally, he noted that the ongoing bond situation between China and the US, driven by escalating trade tensions, is contributing to this slow reaction. 

Yet, he believes this situation will either be resolved through a deal between the two countries or the Federal Reserve will intervene by buying long-term bonds to stabilize the market. Now, the coming weeks will be crucial to determine whether Bitcoin will actually enter another bull run or falter under geopolitical tensions and broader market shifts.

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