Bitcoin Forms Rounding Bottom – Expert Sees Push To $100K Next Week
Bitcoin has been trading sideways in a tight consolidation range, staying below key supply levels while holding strong above crucial demand zones. This phase of indecision has divided market sentiment, with many leaning toward a bullish trend that could result in an aggressive move in the coming days. While uncertainty lingers, analysts are optimistic that…
Bitcoin Trades At Discount For The Past Month Signaling Selling Pressure – What This Means
Volatility remains the norm in the Bitcoin market, with aggressive price swings defining the past few days. On Monday, BTC dropped to $97K before surging to $106K yesterday. However, the price has since retraced and now consolidates around the $102K mark, keeping investors on edge about its next move. Top analyst Daan shared key insights…
Bitcoin Faces Major Deleveraging – Analyst Explains Price Crash Below $100K
Bitcoin experienced significant selling pressure after successfully breaking above the $100K mark, a psychological milestone that had investors buzzing with optimism. However, the celebration was short-lived as BTC failed to hold this critical level, dropping as low as $92,500 in less than three days. This sharp downturn has reignited concerns about the market’s stability and…
Bitcoin Alert: Here’s Why The Trump Inauguration Is A ‘Buy The News’ Event
Bitcoin has fallen to a low of $92,508 on January 8 after previously hitting $102,357 on Monday, marking almost a 10% retreat in a matter of days. The immediate catalyst appears to be the January 7 spike in US Treasury yields, with the 10-year rate hitting 4.67% following an unexpectedly strong ISM Prices Paid Index…
Analysts Highlight Investor Sentiment Shift As Bitcoin Approaches $98,000
After weeks of consistent price correction, Bitcoin latest performance now appears to be demonstrating a rebound as the asset has earlier today reclaimed the $96,000 price mark now approaching the $98,000 level. As Bitcoin approaches this key level, data shows that the top crypto has shown mixed signals across key market indicators, reflecting a subtle…
A 20%-30% Correction Is ‘The Most Bullish Thing’ That Could Happen To Bitcoin – Analyst
Bitcoin is navigating turbulent waters as its price continues to slide, searching for a stable support level amid growing uncertainty. The current downward momentum has sparked concerns among investors and analysts, with many questioning whether Bitcoin has reached its cycle top. Sentiment in the market has shifted dramatically, with fear replacing the once euphoric optimism…
Bitcoin Will Test ATH Once It Breaks This Strong Supply Zone – Details
Bitcoin is currently trading at $97,600, following a sharp dip from its all-time high and a modest recovery from the critical $92,000 support level. This recent price movement highlights the market’s ongoing volatility as investors grapple with shifting sentiment and technical levels. Despite the rebound, Bitcoin now faces a significant challenge in sustaining its upward…
Bitcoin Rally Pauses Before $100K—Here’s What Could Happen Next
Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.” Since climbing from $73,000 to $99,800, Percival highlighted that Bitcoin…
Rising Bitcoin Funding Rates Signal Market Optimism—But Is A Correction Looming?
Bitcoin recent price movement of continuous uptrend has drawn the attention of market participants and analysts as it edges closer to creating a new all-time high, blasting through critical resistance levels. Amid this, a CryptoQuant analyst known as TraderOasis provided an in-depth analysis of Bitcoin’s market earlier today, suggesting the trajectory the asset could head to next. Analysis…
Bitcoin Completes Retest Phase: Only One Thing Left For A $110,000 Price By December
The Bitcoin price action was marked by ups and downs in the just concluded week, serving as a reminder of the volatile nature of the digital asset. According to price data, Bitcoin has just completed a retest of the downward sloping trendline that has limited its price rallies since March. As analyst EGRAG CRYPTO pointed…