Bitcoin To Surge To $130,000 Next? What The Wave Count Says
After a week of volatile price action, Bitcoin has once again returned to familiar territory around the $106,000 price level. However, on-chain data shows that investors are still cautious, with the crypto Fear & Greed Index now in the neutral zone. On the other hand, technical analysis of Bitcoin’s price action on the 4-hour candlestick…
CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin?
The Bitcoin market has been marked by notable volatility recently, with prices fluctuating significantly, dropping close to the $98,400 level before rebounding above $105,000 on Monday. Potential 12% Retrace To $92,000 Technical analyst Doctor Profit recently shared key notes on the social media platform X (formerly Twitter), indicating that a substantial Chicago Mercantile Exchange (CME)…
Bears Will Be Washed Out Of Bitcoin If This Happens
Bitcoin’s narrow price movement over the past week contradicts a much different development in the futures market. According to Axel Adler Jr., an analyst at on-chain analytics platform CryptoQuant, a sharp rise in the long liquidation dominance metric could set the stage for a significant shift in sentiment that may completely wash out bears from…
Bitcoin Crashed Below $100,000 Amid US Airstrikes On Iran And Market Sell-Off
The market’s leading crypto, Bitcoin (BTC), dipped below the $100,000 mark for the first time in over a month on Sunday, following US airstrikes on Iran as conflicts in the middle east continue to escalate. This decline, which saw the Bitcoin price drop approximately 4% to around $99,300, coincided with a broader market sell-off, with…
Bitcoin Price Deviates From Global M2 Money Supply, Is The Bull Run Over?
Crypto analyst Colin has highlighted the Bitcoin price’s deviation from the Global M2 money supply, raising concerns that the bull run may be over. The analyst quickly addressed concerns, noting how such deviations usually happen at some point but don’t invalidate the macro trend. Analyst Highlights Bitcoin Price’s Deviation From Global M2 Money Supply In…
Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again
Bitcoin is currently hovering in a subtle yet significant signal is starting to flash beneath the surface, particularly on the 4-hour chart, that might send Bitcoin to a new all-time high soon. Return Of Rare Divergence Pattern On Bitcoin’s 4H Chart Crypto analyst Luca (@CrypticTrades_) breakout may be very close. As shown in the 4-hour…
Bitcoin To $140,00 In 50 Days? Bitwise Bets On War Rally
Bitwise Asset Management’s European research arm argues that the sharp sell-off that followed last week’s military escalation between Iran and Israel is likely to give way to a powerful relief rally in Bitcoin, echoing the cryptocurrency’s behaviour after earlier geopolitical shocks. In its 16 June weekly newsletter Bitwise Europe points to a “Chart of the…
Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake
Bitcoin’s recent price action has shown signs of fading momentum three weeks after reaching a new all-time high of $111,814. The leading cryptocurrency climbed back above $110,000 on Monday off the back of cooling U.S. inflation data and a temporarily weaker dollar. However, the rally was short-lived. Profit-taking, compounded by geopolitical tensions between Israel and…
Bitcoin Calm Won’t Last—This Week Holds Breakout Risk
Singapore-based trading firm QCP Capital opened its Monday note with a blunt assessment: “Implied vols continue to come under pressure, with BTC stuck in a tight range as summer approaches.” In the options house’s telling, the market is drifting into the northern-hemisphere holiday season much as it did a year ago, when one-month at-the-money (ATM)…
Bitcoin Golden Cross Pattern Says The Crash To $100,000 Is Normal – What To Expect Next
Bitcoin (BTC) is showing signs of recent pullback near the $100,000 region may have alarmed the crypto market, analysts suggest that this move is part of a broader trend that could push BTC to its next price high. Golden Cross Formation Pits Bitcoin At $150,000 Bitcoin has once again flashed a classic bullish signal, the…