Bitcoin At A ‘Do-Or-Die’ Level As Cycle Faces First Real Test: Analyst
Bitcoin is sitting on its first true make-or-break support of the cycle, and the market is now in what crypto analyst Dom (@traderview2) calls a “fork in the road.” His message is direct: if Bitcoin cannot stabilize and reclaim key levels quickly, the structure that has defined this entire run breaks for the first time…
Bitcoin Point Of Control Sits At $117K – Key Battle Zone For Bulls
Bitcoin (BTC) tumbled below the $110,000 level in a sharp move that rattled markets and triggered a wave of short-term panic selling. The sudden decline followed an initial post-Fed volatility spike, as traders reacted to the US Federal Reserve’s 25bps rate cut and announcement of an impending end to quantitative tightening. With uncertainty still lingering,…
Here’s What Happened The Last Time The Bitcoin Price Closed October In The Red
The crypto community has long referred to October as Uptober, a nickname earned through Bitcoin’s consistent history of strong monthly performances. The trend has been so reliable that the month became synonymous with price surges. Bitcoin has always closed October in profit over the previous seven years, a record streak unmatched by any other month…
Bitcoin October Slump: Fourth Worst On Record Since 2013, Per Fortune Analysis
As October comes to a close, Bitcoin (BTC) has disappointed many who had anticipated the month to be a strong one for the cryptocurrency, often referred to as “Uptober” due to its historically positive performance. Instead, Bitcoin finished the month down, creating a gap of approximately 13% from its all-time high. Historical Trends Suggest Bitcoin…
Bitcoin At Key Retest: Bounce Or $98,000 Next?
On-chain data shows Bitcoin is currently retesting a historically significant level that has often decided the course of the cryptocurrency’s price. Bitcoin Is Retesting The 0.85 Supply Quantile In a new post on X, on-chain analytics firm Glassnode has talked about how Bitcoin is retesting a level that has historically been a “make-or-break” one for…
Coinbase, Strategy Mark Major Profit Surges In Q3: Unveiling The Numbers
In a recent financial disclosure, two of the crypto industry’s giants, Coinbase (COIN) and Strategy (MSTR), reported significant gains in their third-quarter (Q3) results. Coinbase Surges Past Profit Expectations Coinbase exceeded analysts’ expectations for its Q3 profit, buoyed by increased volatility in digital assets that elevated trading volumes on its platform. The company reported a…
Bitcoin, XRP, Ethereum Dip Post Fed’s Rate Cut: What’s Next For Crypto?
On Wednesday, the Federal Reserve (Fed) announced a 25-basis-point rate cut from the previous rate of 4.25%, aligning with market expectations. Despite this bullish development being highly anticipated by top experts as the best catalyst for the remainder of the year, Bitcoin (BTC), XRP, and Ethereum (ETH) led the market downturn following the announcement. Fed…
Bitcoin Extends Decline — Market Remains Under Pressure From Risk-Off Tone
Bitcoin price is correcting gains below $112,500. BTC could continue to move down if it stays below the $112,000 resistance. Bitcoin started a downside correction below the $112,000 support. The price is trading below $112,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $111,500 on the…
Bitcoin Faces Rejection — Resistance Zone Caps Upside After Recent Increase
Bitcoin price is correcting gains below $113,500. BTC could continue to move down if it stays below the $114,200 resistance. Bitcoin started a downside correction below the $114,200 support. The price is trading below $114,000 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $114,050…
Bitcoin Supply In Profit Rises To 83.6% – Market Momentum Building Again
Bitcoin (BTC) is showing renewed strength, reclaiming the $115,000 level after weeks of volatility and uncertainty. Bulls are attempting to build momentum for a potential impulse move higher, aiming to confirm a sustained bullish structure after the recent consolidation phase. On-chain data continues to reveal a clear and repeating pattern tied to investor behavior and…