Tag Archives: Bitcoin news

Bitcoin Faces Internal and External Pressure—Is a Rally Still Possible?

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Bitcoin’s price has faced a dramatic downturn, falling below $90,000 and reaching as low as $87,000 levels today. This steep decline places the cryptocurrency further away from its January all-time high of over $109,000. The sharp sell-off comes amid both internal and external challenges, leaving investors uncertain about what lies ahead. While the market struggles… Continue reading Bitcoin Faces Internal and External Pressure—Is a Rally Still Possible?→

Bitcoin Headed For $72,000? These Metrics Could Hint So

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Bitcoin has seen a crash to the $87,000 level in the past day, but if on-chain data is to go by, the plunge could get much deeper. Bitcoin Has Lost An Important Support Level With The Crash In a new post on X, the on-chain analytics firm Glassnode has discussed about how some Bitcoin indicators… Continue reading Bitcoin Headed For $72,000? These Metrics Could Hint So→

Bitcoin Once Again Arrives At This Bear-Bull Boundary—Will A Break Happen?

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On-chain data shows a Bitcoin indicator is currently retesting a level that has historically acted as a boundary line between bearish and bullish momentum. Bitcoin Short-Term Holder SOPR Is Retesting 1.0 Right Now In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the BTC Spent Output… Continue reading Bitcoin Once Again Arrives At This Bear-Bull Boundary—Will A Break Happen?→

Is The Bitcoin Price Manipulated? Expert Exposes The Truth

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In a new research report shared on X, Joe Consorti, Head of Growth at Theya, has dispelled ongoing rumors alleging that the Bitcoin price is being artificially held down. Consorti lays out a comprehensive examination of on-chain data, pointing to the normal cyclical behavior of long-term holders (LTHs) and their profit-taking patterns as key drivers… Continue reading Is The Bitcoin Price Manipulated? Expert Exposes The Truth→

Bitcoin Price Consolidates In Tight Zone: Why A Crash To $84,000 Is Likely

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Analysts are currently leaning towards a further breakdown in the Bitcoin price, as market volatility has positioned the pioneer cryptocurrency in a tight consolidation zone. Crypto expert Hamed_AZ on TradingView has shared a bullish and bearish outlook for the Bitcoin price. However, the analyst highlights that a crash of $85,000 is more likely.  According to… Continue reading Bitcoin Price Consolidates In Tight Zone: Why A Crash To $84,000 Is Likely→

Bitcoin Faces Serious Price Compression – What Happened Last Time

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Bitcoin has experienced a tiring price action in recent weeks, with the price struggling to set a clear short-term direction. Investors are beginning to feel impatient as BTC remains stuck in a tight range, showing no decisive breakout. The price was testing crucial supply between $98K and $100K when the market was hit by negative… Continue reading Bitcoin Faces Serious Price Compression – What Happened Last Time→

Bitfinex Whale Activity Increases As Bitcoin Approaches $100k—Further Surge Ahead?

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Following a lackluster performance in recent weeks, Bitcoin appears to be seeing a steady recovery with its price now approaching the $100,000 price mark. Particularly, so far, BTC has managed to regain some of the losses shedded in recent weeks with its price now hovering above $98,000, marking a 2.6% increase in the past 7… Continue reading Bitfinex Whale Activity Increases As Bitcoin Approaches $100k—Further Surge Ahead?→

As Bitcoin Sell Pressure Fades, Could A Local Bottom Be Forming? Analyst Explains

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According to an X post by crypto analyst Ali Martinez, Bitcoin (BTC) is witnessing a decline in sell-side pressure, indicating that a local market bottom may soon form for the premier cryptocurrency.  Bitcoin Local Bottom On The Horizon? Bitcoin continues to trade just below the psychologically significant $100,000 level, hovering at $98,650 at the time… Continue reading As Bitcoin Sell Pressure Fades, Could A Local Bottom Be Forming? Analyst Explains→

Bitcoin Blasts Past $98,000: Is $100K Next, Or A Trap?

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Bitcoin has soared past the $98,000 on Thursday, fueling intense debate among traders over whether the $100K milestone is again within reach or if the current rally is vulnerable to a swift correction. Behind the scenes, market observers point to surging open interest (OI) and increased leverage, spotlighting the possibility of a leverage-driven push. Bitcoin… Continue reading Bitcoin Blasts Past $98,000: Is $100K Next, Or A Trap?→

Bitcoin RHODL Momentum Slowing Down—Analyst Warns Pattern ‘Not Ideal’

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An on-chain analyst has pointed out that the Realized HODL (RHODL) Ratio indicator is on the way down, a sign that may not be positive for Bitcoin. Bitcoin RHODL Has Been Losing Momentum Recently In a new Realized HODL (RHODL) Ratio” is an on-chain metric that calculates the ratio between any two given RHODL wave… Continue reading Bitcoin RHODL Momentum Slowing Down—Analyst Warns Pattern ‘Not Ideal’→