Tag Archives: bitcoin price

Bitcoin Price Falters: Another Downturn In Crypto Prices

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Bitcoin price failed to stay above the $68,500 support zone. BTC extended losses and now showing bearish signs below the $68,800 level. Bitcoin started another decline from the $70,150 resistance zone. The price is trading below $68,800 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at… Continue reading Bitcoin Price Falters: Another Downturn In Crypto Prices→

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

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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?

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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

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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

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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→

Bitcoin Price Resurgence: Ready for Another Upswing?

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Bitcoin price stayed above the $68,500 support zone. BTC is now consolidating and might aim for a fresh increase above the $70,150 resistance. Bitcoin found support near $68,500 and started a decent recovery wave. The price is trading below $70,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming… Continue reading Bitcoin Price Resurgence: Ready for Another Upswing?→

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

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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

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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 On The Verge As Global Liquidity Nears New $100 Million ATH

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Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run.  The Most Important Indicator For Bitcoin Swift claimed that the global liquidity was… Continue reading Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH→

VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000

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Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles Edwards, the founder of Capriole Investments, has picked out multiple factors capping the current uptrend to… Continue reading VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000→