Month: February 2025

BTC Price Analysis: Where Is Bitcoin Headed After $100K Rejection?

Bitcoin is struggling with low trading activity and weak momentum, leading to subdued price action near the 100-day moving average. However, a strong bullish rebound remains possible, contingent on a return of sufficient liquidity to the market. Technical Analysis By Shayan The Daily Chart Bitcoin remains in a phase...
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Utah’s Bitcoin Reserve Bill Passes Senate – Only One Vote Left

The race to establish Bitcoin as a state-level strategic reserve asset has taken a decisive step forward in the Beehive State. On February 20, House Bill 230 (HB230), also known as the “Blockchain and Digital Innovation Amendments,” passed the Senate Revenue and Taxation Committee in a 4-2-1 vote. The...
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Bitcoin’s Bullish Signals: These 3 Key Metrics Indicate Potential Upswing, Says Research Firm

Market intelligence firm Santiment has identified three key metrics suggesting a potential bullish move for Bitcoin (CRYPTO: BTC). What Happened: The analytics platform highlights that the average returns of wallets, the dormancy period of coins, and Bitcoin’s supply on exchanges all indicate a possible upward swing for the leading cryptocurrency by market cap. Santiment notes...
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