Bitcoin Flips Key Support, Bulls Now Target $117,000
Bitcoin (BTC) has reached a critical turning point, successfully flipping a key horizontal rally but also set the stage for a potential run toward new highs. Daily Support Flip Confirms Bullish Control Alpha Crypto Signal, in a recent market momentum. With buyers firmly in control, Bitcoin’s price action is now being driven higher toward the…
Here’s How The Bitcoin Price Macro Correction Could Play Out Next
Despite experiencing a significant bullish momentum. For now, Fibonacci zones, Elliott Wave structures, and Relative Strength Index (RSI) behaviour align to build a critical narrative around BTC’s price direction. Possible Scenarios For Bitcoin Price Macro Correction On Friday, Casitrades explained in an X social media post that Bitcoin’s recent price surge has tested the 0.5…
Bitcoin Price Flashes ‘Rarest Signal’ Ever, Is A 100% Rally Possible?
The Bitcoin price action has just delivered one of the rarest and most closely watched signals in technical analysis — the Golden Cross. Analysts suggest that this powerful setup could lay the groundwork for an explosive rally, with speculations pointing toward a potential surge of over 100%. Bitcoin Price Chart Flashes Golden Cross On Thursday,…
Shakeout Pattern Says Bitcoin Price Is Not Done, Why It’s Headed Above $130,000
Bitcoin’s latest bounce off a support level at $110,000 has coincided with a technical observation shared by crypto analyst CrypFlow, who highlighted a shakeout pattern that’s currently playing out, which has always preceded the strongest legs of Bitcoin’s bull runs. According to the analyst, the ongoing shakeout pattern setup may be laying the foundation for…
Bitcoin Above Key Trendline But Below ATH – Is The Next Rally Loading?
rally finally loading? Bitcoin Breaks Long-Term Trendline: A Familiar Cycle Signal CryptoELITES, a seasoned crypto analyst, recently revealed a highly bullish perspective on Bitcoin’s recent price action. According to the analysis, Bitcoin has successfully broken above a key long-term trendline on its chart, a move that signals a significant shift in the market’s trajectory. Following…
Germany’s Bitcoin Seizure Program Exposed: Nearly $5 Billion In BTC Left Dormant
Germany’s much-publicized Bitcoin seizure campaign has come under fresh scrutiny after blockchain analysts revealed that nearly $5 billion worth of BTC has remained untouched. The finding raises intrigue within the crypto community, as questions swirl over whether the funds are lost, frozen, or simply being held in reserve. Why The Coins Remain Untouched In an…
Bitcoin Finds Crucial Support On Bull Market Band — Will Momentum Hold
Bitcoin price is currently at a critical juncture, sitting right on top of the Bull Market Support Band. Throughout past bull cycles, this band has historically served as a crucial support level, with price retesting it during corrections and bouncing off it to continue its upward trend. Why This Level Matters For Bitcoin Uptrend In…
Bitcoin STH-SOPR Metric Reclaims Critical Level — More Pain For Short-Term Holders?
The price of Bitcoin has shown signs of resilience and strength over this weekend after facing significant bearish pressure heading into it. On Friday, August 5, the flagship cryptocurrency suffered a mild correction following the release of weaker-than-expected employment data in the United States. While the Bitcoin price has struggled to break out of its…
On-Chain Data Reveals Critical Support Levels For Bitcoin Price — Details
The Bitcoin price has managed to stay above $110,000 over the weekend, and on-chain data shows that the premier cryptocurrency sits above three crucial support levels. Here are the critical levels to watch out for over the next few weeks. Where Are The Next Support Levels For BTC? On Saturday, September 6, prominent crypto analyst…
Bitcoin Price Holds Above $110,000—How Weak Job Data Could Fuel Next Wave
The Bitcoin price has enjoyed some level of resurgence over the past week, starting from below $108,000 to as high as $113,000. However, the premier cryptocurrency’s progress hit a stumbling block following the release of weaker-than-expected United States payrolls data on Friday, September 5. Despite the bearish pressure triggered by the US Nonfarm Payrolls (NFP)…