Tag Archives: bitcoin trading

Bitcoin Price Analysis: What Lies On The Horizon After Crashing Below $50,000

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The cryptocurrency market has been rocked by a massive sell-off, with the Bitcoin price plunging 26% from its July highs above $70,000. This dramatic decline comes amid a broader crash in global financial markets, reflecting growing economic uncertainty and investor risk aversion. Crypto Winter Returns?  The crypto sphere was not spared from this turbulence, as… Continue reading Bitcoin Price Analysis: What Lies On The Horizon After Crashing Below $50,000→

Billions Worth Of Bitcoin Pulled From Exchanges: Is BTC Preparing For $72,000?

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Bitcoin is steady when writing, floating above immediate support levels and inches away from reclaiming the all-important local liquidation line at around $66,000. Even as the broader crypto community expects buyers to step in and push prices higher, there are exciting developments that buttress this outlook. Billions Worth Of BTC Pulled From Exchanges According to… Continue reading Billions Worth Of Bitcoin Pulled From Exchanges: Is BTC Preparing For $72,000?→

Total Depletion Of German Bitcoin Reserves: Wallet Left With Zero BTC

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In what is being hailed as a significant victory for the Bitcoin market, the German government has officially depleted its Bitcoin reserves after holding 50,000 BTC in its wallet just months ago. Bitcoin Wallet Now Empty After Massive Selling Spree Data from market intelligence firm Arkham shows that the German government recently transferred the remainder… Continue reading Total Depletion Of German Bitcoin Reserves: Wallet Left With Zero BTC→

Bitcoin Loses Correlation With US Equities As Supply Challenges Mount

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In recent months, the correlation between surging US equities and Bitcoin (BTC) has shown signs of collapse, as the cryptocurrency faces a combination of excess supply and weakened demand that has led to an over 20% price drop from June highs above $70,000 for the largest cryptocurrency on the market.  Bitcoin Correlation With Nasdaq 100… Continue reading Bitcoin Loses Correlation With US Equities As Supply Challenges Mount→

Bitcoin Analyst Thinks Prices Must First Breach $50,000 Before Rallying

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Bitcoin flash crashed on July 4 and 5, extending losses from all-time highs to about 30%. Though there was a relief bounce over the weekend, forcing the world’s most valuable coin up by nearly 11%, BTC remains within a bearish formation. Bitcoin Correction Not Over: Will Bears Break $50,000? One analyst who took to X… Continue reading Bitcoin Analyst Thinks Prices Must First Breach $50,000 Before Rallying→

Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?

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As Bitcoin faces strong headwinds, breaching two critical support levels at $60,000 and $56,500 in quick succession, it may, on the surface, appear that fear is gripping the market. There are reasons to be afraid, especially for coin holders leveraging BTC in decentralized finance (DeFi) protocols, looking to take out loans using the asset as… Continue reading Bitcoin Crashed Below $55,000 But Traders Are Not Fearful, Why?→

Bitcoin Plunging: Is This The Best Time To Buy BTC?

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Bitcoin is fast selling off. At spot rates, the world’s most valuable coin dropped by over 5% on the last day of trading and continues to spiral lower, easily breaking $60,000. The psychological round number has been level to watch out for over the previous few days, especially following gains over the weekend. Bitcoin Is… Continue reading Bitcoin Plunging: Is This The Best Time To Buy BTC?→

Glassnode: Bitcoin $110,000 Target Holds, Breaking These Key Levels Crucial To Avoid Crash

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Bitcoin (BTC) experienced a significant drop, reaching as low as $56,700 on Thursday. This price level has not been seen since May 1st, as Bitcoin faces several challenges, including US political uncertainties and the ongoing sell-off of BTC seized by the German government. These factors have contributed to a nearly 20% price correction for Bitcoin,… Continue reading Glassnode: Bitcoin $110,000 Target Holds, Breaking These Key Levels Crucial To Avoid Crash→

Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?

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Bitcoin is down at press time, wiping the weekend’s gains and inching closer to $60,000. If bears press on, increasing their shorts, the odds of the coin sliding below the psychological number and $56,800 remain high. Glassnode: STHs Are In Red As the world’s most valuable coin finds itself at a critical juncture, fast approaching… Continue reading Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?→

Bitcoin Battling Bearish Headwinds: Is The Sell-Off Over?

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Bitcoin is struggling to shake off weakness, judging by its performance in the last few trading days. After the dump on June 24, the overall sentiment has been bearish, and sellers will likely double down, wiping gains posted in the last two days. As things stand, the sale of 4,000 BTC by the United States… Continue reading Bitcoin Battling Bearish Headwinds: Is The Sell-Off Over?→