Bitcoin RSI Shows Shocking Similarities To 2012-2015, But What Happened Last Time?

A crypto analyst has revisited long-term charts from 2012-2015, noting that the current Bitcoin (BTC) cycle shows striking similarities to this timeline, in terms of the Relative Strength Index (RSI) and price action. During the 2017-2015 bull run, BTC experienced one of the strongest multi-year advances before bottoming out. The market expert claims that the… Continue reading Bitcoin RSI Shows Shocking Similarities To 2012-2015, But What Happened Last Time?

Bitcoin Poised For Lift-Off As Key Bullish Catalysts Kick In: Ex-CEO

According to former BitMEX CEO Arthur Hayes, battles over the US debt ceiling create clear cash swings that move markets. When the Treasury spends down its main checking account — the Treasury General Account, or TGA — new dollars enter the system and lift risky assets. Later, when the Treasury refills the TGA by selling… Continue reading Bitcoin Poised For Lift-Off As Key Bullish Catalysts Kick In: Ex-CEO

Bitcoin Structure Tightens: One Break Above This Zone Could Ignite A Run To $107,000

Bitcoin finds itself at a critical crossroads, hovering between two major price zones that could define its next big move. Buyers and sellers are locked in a tight battle, and the market now waits for a decisive break. A push above key resistance could open the door to $107,000, while weakness at support risks a… Continue reading Bitcoin Structure Tightens: One Break Above This Zone Could Ignite A Run To $107,000

Bitcoin Losses Surge To 3x Profits — Could Relief Be Near?

The Bitcoin market appears to be riddled with an increasing amount of sell-side pressure, as its recent price action reveals bears’ dominance. Interestingly, another on-chain evaluation suggests that the current market movement may be a direct effect of rising panic-induced sales.  $1.7B Realized Losses Vs $605M Realized Gains In a Quicktake post on the CryptoQuant… Continue reading Bitcoin Losses Surge To 3x Profits — Could Relief Be Near?

Bitcoin Market Profitability Hits ‘Complete Reset’ — What’s Next For Price?

Following a fresh wave of bearish pressure on Friday, December 5, the price of Bitcoin has struggled beneath the psychological 90,000 level for much of the weekend. However, the latest on-chain data suggests that the premier cryptocurrency might be readying for its next healthy upward move. BTC SOPR Drops To Lowest Level Since Early 2024… Continue reading Bitcoin Market Profitability Hits ‘Complete Reset’ — What’s Next For Price?

Bitcoin Market Records 21% Crash In November Trading Volume – What This Means For Price

Bitcoin’s (BTC) ongoing price correction has been accompanied by several other negative developments that continue to grab investors’ attention. Most recently, market analyst Darkfost has observed a significant crash in Bitcoin spot trading volume, while highlighting potential long-term implications of such an event. Binance Records $40B Loss In BTC Monthly Spot Trading  The spot trading… Continue reading Bitcoin Market Records 21% Crash In November Trading Volume – What This Means For Price

Bitcoin Settles In Consolidation Zone – Levels To Watch

Bitcoin (BTC) trades just below $90,000 after a fluctuating week of price action resulted in a net loss of 1.8%. Despite initial hopes of a resurgence in late November, the premier cryptocurrency is now 29.16% away from its all-time high. Going by the price action, popular analyst with the X username PlanD postulates BTC is… Continue reading Bitcoin Settles In Consolidation Zone – Levels To Watch

Massive Bitcoin Awakening: 2 Physical Coins Unlock $179 Million After 13 Years

Two long-dormant Casascius coins, each loaded with 1,000 Bitcoin, were activated on Friday, unlocking more than $179 million that had sat untouched for over 13 years. According to onchain data, one of the coins was minted in October 2012 when Bitcoin traded at $11.69. The other dates back to December 2011, when BTC was worth… Continue reading Massive Bitcoin Awakening: 2 Physical Coins Unlock $179 Million After 13 Years

Analyst Points To $82,000 As Most Crucial Bitcoin Price Level — Here’s Why

In a not-so-surprising turn of events, the bearish orientation of the Bitcoin price has continued into the month of December, suggesting that the premier cryptocurrency could end the year in the red. Interestingly, recent on-chain data has offered insights into the likely direction of Bitcoin based on the integrity of an important price level. Active… Continue reading Analyst Points To $82,000 As Most Crucial Bitcoin Price Level — Here’s Why

Bitcoin Adoption Is Just Getting Started — 200x Growth Possible, Tom Lee Says

Fundstrat’s Tom Lee told attendees at Binance Blockchain Week that he believes the worst leg of the recent crypto slump is likely over and that markets may be ready for a gradual recovery. He pointed to weakening selling pressure and growing underlying activity as reasons for cautious optimism. Market Sentiment May Be Near A Turning… Continue reading Bitcoin Adoption Is Just Getting Started — 200x Growth Possible, Tom Lee Says