Tag Archives: Bitcoin news

Is Bitcoin Crashing Because Of Miner Capitulation And Speculative BTC Bets?

Posted on by — No Comments ↓

Bitcoin is dumping when writing, cooling off from May highs of nearly $72,000. Down roughly 10% from all-time highs, there could be more losses on the way, at least looking at the candlestick arrangement in the daily chart. Now, Willy Woo, a Bitcoin on-chain analyst, thinks the drop is primarily because of the ongoing “miner… Continue reading Is Bitcoin Crashing Because Of Miner Capitulation And Speculative BTC Bets?→

Bitcoin Price Crashes Below $67,000: Key Reasons

Posted on by — No Comments ↓

The Bitcoin price has fallen by 4.7% since peaking at $71,231 yesterday, now hovering around $66,967. This decline marks a notable return of volatility in the market, driven by several critical factors. #1 Federal Reserve’s FOMC Meeting Anticipation The Bitcoin market seems to be in a risk-off mode ahead of tomorrow’s Federal Open Market Committee… Continue reading Bitcoin Price Crashes Below $67,000: Key Reasons→

Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch

Posted on by — No Comments ↓

The new week has been quite bearish for bitcoin, with the price witnessing major crashes below multiple support levels. After losing its footing above $71,000, it has plunged further below $67,000, signaling the start of a downtrend. Amid the uncertainty, a crypto analyst has presented the important levels to watch as Bitcoin makes it descent,… Continue reading Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch→

Bitcoin Could See Next Top At $89,200, Crypto Analyst Suggests

Posted on by — No Comments ↓

According to this on-chain indicator, an analyst explained how the next potential local top for Bitcoin could be $89,200. Bitcoin CVDD “Assessing Tops” Metric Could Suggest Next Potential Top In a new Coin Days Destroyed” (CDD). A “coin day” is the quantity that 1 BTC accumulates after sitting dormant on the blockchain for 1 day.… Continue reading Bitcoin Could See Next Top At $89,200, Crypto Analyst Suggests→

Hedge Funds Heavily Betting For Bitcoin To Fall: Will This Strategy Fail?

Posted on by — No Comments ↓

Looking at the formation in the daily chart, there is no relief for Bitcoin at spot rates. Following the flash crash on June 6, prices reversed sharply from the $72,000 level, further highlighting the significance of the liquidation level. In the past, Bitcoin prices have recoiled from this level, with analysts expecting a short squeeze… Continue reading Hedge Funds Heavily Betting For Bitcoin To Fall: Will This Strategy Fail?→

Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery

Posted on by — No Comments ↓

The Bitcoin on-chain metrics continue to show bullish signs that a parabolic breakout is imminent for the flagship crypto. The latest of these metrics is a significant turnaround in Bitcoin’s network activity, which could further provide bullish momentum for the crypto token.  Bitcoin Sees Surge In Network Activity  Crypto analyst Ali Martinez revealed in an… Continue reading Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery→

Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide

Posted on by — No Comments ↓

In an analysis released to his 280,000 followers on X, the renowned crypto analyst known as Cold Blooded Shiller (@ColdBloodShill) provided an in-depth look at the current state of Bitcoin amidst a volatile market environment. His commentary, titled “Ultimate BTC Simple Bias Guide,” unpacks the recent emotional reactions triggered by Bitcoin’s price movements and offers… Continue reading Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide→

Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities

Posted on by — No Comments ↓

The Bitcoin price has stalled after hitting the $71,000 level, floating in what is essentially a limbo of indecisiveness. Naturally, periods like these act as a predecessor to a massive move, but what direction the price might be headed in is another thing entirely. In an effort to pinpoint where Bitcoin is going, crypto analyst… Continue reading Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities→

Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why

Posted on by — No Comments ↓

The on-chain analytics firm CryptoQuant has explained why Bitcoin and Ethereum have recently appeared to be on a path towards acceleration. Bitcoin & Ethereum Are Looking Bullish In On-Chain Metrics In a new thread on X, the official CryptoQuant handle discussed how some important on-chain indicators are looking for Bitcoin and Ethereum right now. The… Continue reading Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why→

Bitcoin Investors Beware: Extreme Greed Has Returned In Crypto

Posted on by — No Comments ↓

Data shows that cryptocurrency investors’ sentiment has surged to extreme greed recently, a sign that may not be ideal for Bitcoin. Bitcoin Fear & Greed Index Is In The Extreme Greed Territory Right Now The “Fear & Greed Index” is an indicator created by Alternative that keeps track of the average sentiment present among the… Continue reading Bitcoin Investors Beware: Extreme Greed Has Returned In Crypto→