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Bitcoin news and insights
Last updated
Bitcoin news and insights
Last updated
Bitcoin is a digital cryptocurrency that operates independently of a central bank or government. It was created in 2009 by an unknown individual or group using the pseudonym Satoshi Nakamoto, and is based on a decentralized system called the blockchain, which allows for secure and anonymous transactions. Bitcoin can be purchased and sold on various online exchanges, and its value is determined by supply and demand in the market. As of 2023, Bitcoin is the most widely traded cryptocurrency in the world, with a large number of exchanges offering it for trading. Some of the most popular exchanges for trading Bitcoin include Binance, Coinbase, Kraken, and Bitfinex. The price of Bitcoin can be extremely volatile, and its value has fluctuated dramatically over the years, making it a popular choice for traders looking to profit from its price movements.
05 Nov 2023 Solex.ai on BTC Following a significant breakout above $30k, Bitcoin price has been consolidating in the $34k-$35k range for nearly two weeks, steadily inching upwards. Is another breakout imminent? The Solex.ai forecasting community foresees a week of continued sideways action. ππ
19 Oct 2023 Solex.ai on BTC After the initial reaction to false news of an approved spot ETF, Bitcoin resumed its sideways movement, albeit at a slightly elevated level compared to previous week. Can we anticipate further upside? The Solex.ai consensus places the short-term limit at $28,550.
14 Oct 2023 Solex.ai on BTC With Bitcoin's +0.47% gain over the past 24 hours, the Solex.ai community correctly predicted the direction but overestimated the magnitude of the move. The current BTC sentiment has shifted to neutral, anticipating fluctuations around $27k, even as the market remains bearish, indicated by the negative futures financing rate.
11 Oct 2023 Solex.ai on BTC While Bitcoin maintains its downtrend, a notable bounce from the $27K level has occurred. The Solex.ai community consensus remains moderately bullish, anticipating BTC's return to the upper boundary of the otherwise sideways price corridor. ππ
09 Oct 2023 Solex.ai on BTC π Bitcoin Update: Over the weekend, Bitcoin struggled around $28K, but when the American market opened, it dipped below $27.5K. π¬ Now, in this crypto rollercoaster, Solex.ai community predicts a slight pullback to $27.7-27.9K. Stay tuned!
05 Oct 2023 Solex.ai on BTC Despite Bitcoin's inability to gain enough momentum for a push above $28K, its price has come close to the $27.5K mark Solex.ai anticipated yesterday. The overall sentiment remains cautious, with expectations towards sideways movements around the current level. π€
04 Oct 2023 Solex.ai on BTC π Crypto enthusiasts debate the bull run's status, but Solex.ai community takes a cautious bullish view. π We foresee a short-term Bitcoin rise to $28,350, followed by a pullback to $27,750. What's your take? Forecast on Solex.ai!
20 Sep 2023 Solex.ai on BTC The crypto community remains divided on whether FOMC announcements tonight will bring increased volatility to the dull range-bound Bitcoin price action. Solex.ai consensus implies that the inflation concerns have been priced in already and BTC is to stay within the formed narrow corridor.
12 Sep 2023 Solex.ai on BTC Even though the recent Bitcoin price swings have wiped out both bulls and bears, they have also offered scalping opportunities. The Solex.ai community has continuously predicted sideway moves in a short term. Will this weekβs macro data create a new trend in BTC?
03 Sep 2023 Solex.ai on BTC BTC witnessed two consecutive months of price decline, briefly sparking hopes for a swift rebound, but enthusiasm has waned. Bitcoin continues in a bearish trend with no immediate reversal in sight. Solex.ai forecasting community sentiment remains neutral, not foreseeing significant moves in the coming week.
29 Aug 2023 Solex.ai on BTC The wider adoption of Bitcoin by governments & institutions hasnβt had an immediate impact on its price. In the current bear market, Blackrockβs stakes & recent ETF applications havenβt accelerated the pace. This phase, known as βtime capitulationβ, suggests shifts take time. Patience is key.
18 Aug 2023 Solex.ai on BTC Only a day back, Bitcoin seemed ready for a quick rebound after a dip but a sudden sharper drop has shifted the Solex.ai sentiment. Now, the community anticipates the price to stay under $27k, suggesting a possible longer phase at a lower level.
17 Aug 2023 Solex.ai on BTC Despite anticipation of a post-accumulation price surge, Bitcoin has slipped 2% today. Seize these unexpected shifts as chances to outperform and earn awards for your accuracy! The Solex.ai community foresees a swift rebound to $29k.
06 Aug 2023 Solex.ai on BTC Bitcoinβs volatility has fallen to a three-year low, prompting sarcastic comments that BTC is now more stable than some stablecoins. Solex.ai community agrees, expecting little short-term fluctuations.
01 Aug 2023 Solex.ai on BTC Bitcoin starts August with a downtrend, declining 2% on Tuesday morning after Julyβs 4% retreat. Price dropped to $28,800, its weakest level since mid-June. Nonetheless, the Solex.ai community forecasts a swift rebound, targeting $29,700.
28 Jul 2023 Solex.ai on BTC Despite a #bullish Solex.ai consensus, Bitcoin has been closer to $29k than $30.6k predicted for the past week. The forecasting community retains its upside sentiment, adjusting the short-term price target to $30k.
23 Jul 2023 Solex.ai on BTC Curious when Bitcoin will surpass 30k again? The Solex.ai community predicts BTC to hit $30,600 next week!
19 Jul 2023 Solex.ai on BTC Bitcoin price falls below $30k, but the Solex.ai community stays bullish with the short-term crypto sentiment. Despite market choppiness, the consensus forecast points to a potential rebound and and new local highs past $31k!
10 Jul 2023 Solex.ai on BTC Excitement is in the air as Bitcoin enthusiasts anticipate the start of a new bullish cycle. The Solex.ai community shares the optimism for this weekβs BTC trading. Letβs keep an eye on the market and see if our predictions prove to be true.
06 Jul 2023 Solex.ai on BTC The Solex.ai forecasting community successfully predicted the Bitcoin price correction down from the $31K level. Looking ahead, the BTC trading price is expected to remain within the $30-31k range for the rest of the week.
04 Jul 2023 Solex.ai on BTC Whether the cryptowinter has ended still remains uncertain. The Solex.ai community seems to share this view as, notwithstanding Bitcoin reaching new highs, its expectations for a significant growth in near future are low.
30 Jun 2023 Solex.ai on BTC Bitcoin price hovers around a $30k mark, potentially signalling the start of a new bullish cycle. However, the current consensus within the Solex.ai community may suggest that a catalyst and time are needed for the trend to fully develop.
21 Jun 2023 Solex.ai on BTC Bitcoin is back in the game, successfully breaking out of the trading range and reaching $29K. The Solex.ai forecasting community has been bullish, having predicted the magnitude of the price upwards movement. Will $30K level be reached soon?
19 Jun 2023 Solex.ai on BTC Bitcoin seems to have fully recovered from the fall following the SEC lawsuits against the two major crypto exchanges. The Solex.ai forecasing community is moderately bullish on BTC, expecting $27,000 as a mid-term price target.
07 Jun 2023 Solex.ai on BTC Yesterday, the Solex.ai forecasting community successfully predicted the Bitcoin price reaching the anticipated level of $27K today, with a remarkable growth of 5.5%. We take pride in our collective forecasting prowess! Although the price has slightly retraced since then, our insightful community remains committed to uncovering new opportunities. Stay tuned for more accurate forecasts and join us on this exciting journey!
06 Jun 2023 Solex.ai on BTC Bitcoin witnessed a setback on the news of the SEC filing a lawsuit against Binance. However, the Solex.ai community remains resilient and optimistic, expecting a rebound once the FUD subsides. Crypto needs regulation, not prohibition!
04 Jun 2023 Solex.ai on BTC Currently, Bitcoin is edging closer to a $26,400 resistance level rather than the psychologically important $30,000 mark. While reaching $30K may not happen in the near term, the Solex.ai forecasting community remains bullish on the BTC long-term potential. Stay tuned for further insights and analysis. Letβs keep our eyes on the market!
29 May 2023 Solex.ai on BTC Bitcoin has recently tested a $28.4k price level but pulled back to $27.8k. Solex.ai community consensus remains bullish, expecting a retest of $30k soon. Stay informed for valuable insights to enhance your forecasts!
21 May 2023 Solex.ai on BTC Despite market fluctuations, Bitcoin dominance remains high, signaling its continued influence on the crypto market. As the leading cryptocurrency, BTC performance holds sway over the broader market sentiment. Forecasters closely monitor its movements as it sets the tone for other digital assets. Keep an eye on BTC price as it can significantly impact the overall market dynamics!
10 May 2023 Solex.ai on BTC Possible reasons for the recent Bitcoin price drop could be network congestions, whale activity, and economic uncertainty. The Solex.ai community predicts no major movement unless thereβs a demand shock. What could trigger it?
05 May 2023 Solex.ai on BTC While Bitcoin is still struggling to break out of the established range, trading activity on the crypto markets is shifting towards more volatile assets. Riskier folks have recently made a ton of money betting on $PEPE. What memecoin is going to the moon next?
02 May 2023 Solex.ai on BTC Bitcoin price has dropped about 4.2% to start the week and new month. Did the First Republic Bank saga contribute to the BTC dip? Solex.ai community expects trading within the current wide range until the boundaries are eventually broken through.
24 Apr 2023 Solex.ai on BTC The global Bitcoin community is eagerly waiting for the next big move. Some believe the market is at the start of the next bullrun, while others are waiting for the local bottom to buy the dip. Solex.ai forecast reflects that a definitive catalyst is crucial to move the price away from the current truce.
21 Apr 2023 Solex.ai on BTC It takes our algorithm minutes to adjust real-time Solex.ai forecasts to ever-changing market conditions. Despite Bitcoin not being able to hold to the $30k level, our community remains moderately bullish, though doesnβt expect fast return of BTC price to that level.
14 Apr 2023 Solex.ai on BTC Bitcoin price has successfully conquered an important $30k level this week, first time in almost a year of cryptowinter. Some traders set $34k as the next bullish target; however, Solex.ai community forecasts a moderate short-term upside to $31k.
11 Apr 2023 Solex.ai on BTC The market turned to be even more bullish then the Solex.ai community, having pushed the price of Bitcoin above $30k. No one can deny BTCβc growth potential; however, given the volatility of crypto, it can easily drop below the current level. Letβs continue to learn and earn whilst celebrating the future of BTC as well as the broader digital currency ecosystem!