Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming…
Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip? Read More »
As Bitcoin (BTC) grapples with a challenging market environment, it has struggled to regain momentum, hovering around the $53,000 and $60,000 levels for six consecutive weeks. After losing the crucial $70,000 threshold on August 1, the largest cryptocurrency remains at risk of further declines, particularly with the upcoming Federal Reserve (Fed) meeting on September 18,…
Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming Read More »
Investors are once again accumulating Bitcoin (BTC) despite previous price declines. Reports indicate that approximately $1.3 billion worth of Bitcoin has been withdrawn from various crypto exchanges, signaling a renewed interest and confidence in the leading cryptocurrency. Bitcoin Accumulation Frenzy Resumes Data from IntoTheBlock has revealed a new accumulation trend amongst Bitcoin investors. According to…
Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next? Read More »
Bitcoin (BTC) appears to be bouncing off its summer slumber, say analysts who believe the asset could rebound in the coming months. Recent technical indications and charts suggest that BTC could be on the cusp of a significant price move. The cryptocurrency is geared for a bounce that could take the asset far beyond $92,000,…
Bitcoin On Track For $92,000 ‘Bounce’ In 3 Months, Analyst Predicts Read More »
Glassnode co-founders Jan Happel and Yann Allemann recently indicated that a Bitcoin crash to $37,000 would be a good thing. They also explained why they wouldn’t be sad about such a massive price decline for the flagship crypto. Bitcoin Dropping To $37,000 Would Be A Steal Happel and Allemann mentioned in an X (formerly Twitter)…
Glassnode Founders Say Bitcoin Crash To $37,000 Wouldn’t Be A Bad Thing, Here’s Why Read More »
Bitcoin price failed to clear the $60,650 resistance. BTC is now correcting gains and might decline toward the $57,500 support zone. Bitcoin is correcting gains and trading well below the $60,000 level. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend line…
Bitcoin Price Flashes Downside Break: Will Bears Take Over? Read More »
Bitcoin has once again surged past the critical $60,000 threshold, signaling a potential shift in market sentiment as selling pressure appears to be subsiding. This development follows a period of volatility, where Bitcoin experienced a significant dip, but data from CoinMarketCap now shows that the cryptocurrency has made a remarkable 15% rebound. Bitcoin hit a…
Analyst Says Bitcoin Will Reach $68,000 By End Of September, $90,000 In December Read More »
The price of Bitcoin (BTC) ended the week on a good note after making a late rally on Friday, September 13. This recent price upswing has led to talks about the Bitcoin price making a comeback following a horrendous start to September. Interestingly, the latest on-chain data suggests that the ongoing price recovery might not…
On-Chain Data Suggests Bitcoin Price Trend Reversal Is Yet To Occur — What’s Happening? Read More »
Crypto analyst Jelle has highlighted a bullish pattern that has been forming on the Bitcoin chart for the last three years. The analyst suggested that it could soon be time for the pattern to play out, with a price target of $100,000 and above in sight if it does. 3-Year Cup And Handle Pattern Could…
3-Year Cup-And-Handle Pattern Promises To Send Bitcoin Above $100,000 Read More »
The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as ‘Kripto Mevsimi,’ the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where…
Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst Read More »
Bitcoin continues to show volatility in the market, with bulls slowly gaining momentum, but key resistance levels remain a challenge. $90,000 Is In Play, But This First Renowned crypto analyst Captain Faibik recently shared his bullish outlook for Bitcoin, forecasting that the asset could touch $68,000 by the end of this month if it successfully…
Bitcoin’s Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst Read More »
