Analyst Identifies $63,000 As Key Support For Next Bitcoin Move
A popular crypto trader has come forward on the social media platform X to predict that the Bitcoin price might soon head further downwards to the $63,000 level. This prognosis is based on the liquidity dynamics that have, over the past few weeks, driven the flagship cryptocurrency’s price. Bitcoin Market Structure Suggests More Volatility Ahead …
Analyst Who Called Bitcoin Top Says Price Is Going To $200,000, But Should You Buy Now?
Crypto analyst Doctor Profit, who called the Bitcoin top, has predicted that BTC could still rally to $200,000, marking a new all-time high (ATH) for the leading crypto. However, the analyst suggested now isn’t a good time to buy as BTC is still likely to drop lower. Bitcoin Still Going To Rally To $200,000 But…
Bitcoin Price Breakdown To $45,000: The Levels To Watch Out For Next Steps
The Bitcoin price recently broke down to $66,000, and a bearish retest of $69,000 has now been confirmed, two conditions that technical analysis shows are prerequisites for a move to $45,000. With both boxes checked, the path of least resistance is pointing to a considerably lower move, and the levels ahead will determine how this…
Bitcoin And Ethereum Adoption Gets A Boost From Schwab Launch
Adoption of Bitcoin and Ethereum is poised to take a significant step forward as Charles Schwab introduces direct trading for both assets on its platform. As one of the largest financial institutions in the world, managing trillions in client assets, Schwab’s entry into the crypto space represents a major bridge between traditional finance and digital…
Bitcoin Stalls At $66,000 As Market Quietly Prepares For A Downside Draw
Bitcoin is showing signs of hesitation at the $66,000 level, with price action slipping into a tight, choppy range. Momentum on the upside continues to fade, and each attempt to push higher is met with weaker follow-through. Beneath the surface, liquidity remains stacked, suggesting the market may be quietly positioning for a move lower rather…
Bitcoin Price To $80,000: How The February Bullish Trend Can Push It 20% Higher
Crypto analyst Jordan has predicted that the Bitcoin price could rally to $80,000 in the short term. The analyst pointed to a February bullish trend that could spark this rally for the leading crypto. Bitcoin Price Eyes Rally To $80,000 Based On This Trend In an X post, Jordan predicted that the Bitcoin price could…
CryptoQuant Issues Stark Forecast — Bitcoin May Fall As Low As $10,000 This Year
Bitcoin (BTC) faces a stark downside risk that could send prices below the previous bear market lows, according to a new analysis from blockchain data firm CryptoQuant. The firm warns that a confluence of geopolitical shocks, macroeconomic repricing, and fragile derivatives positioning could push the largest cryptocurrency as low as $10,000 in a worst‑case scenario…
Bitcoin Mining Not As Globally Decentralized As It Appears — Here’s Why
Bitcoin is often celebrated as a decentralized network, with mining power distributed globally to ensure security and neutrality. However, a closer look at mining activity suggests that this decentralization may not be as evenly distributed as it appears. While individual theories can participate in mining, the majority of the network’s hash power is concentrated among…
Are The Rising Oil Prices Bullish Or Bearish For The Bitcoin Price?
The ongoing tensions in the Middle East continue to put immense pressure on Bitcoin and other risk assets. As investor sentiments turn increasingly cautious, analysts are weighing the potential impact of rising oil prices on Bitcoin. The overall outlook is not looking good, with projections suggesting further downside for the leading cryptocurrency. A clearer path…
The Bitcoin Bleed Is Almost Over, But Will Price Reach $40,000 Before Bouncing?
Crypto analyst Sykodelic has declared that the Bitcoin bleed is almost over and suggested that BTC is unlikely to drop to $40,000 as some experts predict. He alluded to the 2022 bottom to explain why the leading crypto is likely to find a bottom soon and begin a new bull cycle. Analyst Explains Why Bitcoin…