Tag Archives: btc price

Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over

Posted on by — No Comments ↓

On Wednesday, Bitcoin sharply declined, dropping below the crucial $60,000 support level. Despite this recent market downtrend, Bitcoin investors remain confident as they believe the flagship crypto can still reach new heights in this market cycle. Some say this might be what Bitcoin needs before making another parabolic run to the upside.  Bitcoin’s Decline Is… Continue reading Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over→

Bitcoin Is Fine As Long As It Holds Above $49,000: Analyst

Posted on by — No Comments ↓

Despite Bitcoin’s 13% drop in the past week, which saw it break below the psychological $60,000 level and drop 20% from its all-time highs, one analyst on X remains resolute. Drawing from the weekly chart, the trader maintains a bullish outlook, saying the coin will shake off weakness in the coming session. This aligns with bulls… Continue reading Bitcoin Is Fine As Long As It Holds Above $49,000: Analyst→

Bitcoin Euphoria Cools Off As BTC Distribution Enters Fear Zone

Posted on by — No Comments ↓

Bitcoin has finally broken below the $60,000 support level for the first time in two months. The world’s largest digital asset has largely been in a euphoria phase since the beginning of the year, particularly after the launch of Spot Bitcoin ETFs in the US market. However, the current consolidation of the price of Bitcoin… Continue reading Bitcoin Euphoria Cools Off As BTC Distribution Enters Fear Zone→

Bitcoin Price Dips Below $57,000: 4 Key Reasons

Posted on by — No Comments ↓

Bitcoin (BTC) has witnessed a significant drop, falling to $56,556 during Wednesday morning in Europe, marking the lowest point since late February. This downturn represents the sharpest monthly decline since November 2022, with BTC tumbling approximately 7.5% within the last 24 hours and breaching the previously stable $60,000 support late Tuesday. #1 Derisking Before Today’s… Continue reading Bitcoin Price Dips Below $57,000: 4 Key Reasons→

Ethereum Price Prediction: Crypto Expert Says ETH Is Yet To Bottom Against Bitcoin

Posted on by — No Comments ↓

A crypto analyst has predicted when Ethereum, the world’s second-largest cryptocurrency, will bottom against Bitcoin, however, under certain conditions.  Analyst Predicts ETH/BTC Bottom Timeline In a recent X (formerly Twitter) post, crypto analyst and founder of ITC Crypto, Benjamin Cowen, shared his forecast regarding the Ethereum to Bitcoin price ratio, projecting the timeline for when… Continue reading Ethereum Price Prediction: Crypto Expert Says ETH Is Yet To Bottom Against Bitcoin→

USDT Dominance Falling, Analyst Predicts Bitcoin To Reach $80,000

Posted on by — No Comments ↓

Though Bitcoin prices are fast-dropping, looking at events in the daily chart, one analyst thinks the coin is gearing up for a comeback, citing developments in the USDT dominance chart, or USDT.D.  USDT Dominance Falling, Good For BTC? Taking to X on April 29, the analyst said USDT.D recently fell, breaking below a critical support trend… Continue reading USDT Dominance Falling, Analyst Predicts Bitcoin To Reach $80,000→

Crypto Analyst Reveals Why $59,800 Is An Important Level For Bitcoin

Posted on by — No Comments ↓

Crypto analyst Ali Martinez has provided insights into why $59,800 is a crucial price level for the Bitcoin future trajectory. The analyst revealed two things that could happen if the flagship crypto drops that low.  Why $59,800 Is An Important Level For Bitcoin Martinez mentioned in an X (formerly Twitter) post that the Bitcoin short-term… Continue reading Crypto Analyst Reveals Why $59,800 Is An Important Level For Bitcoin→

Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000

Posted on by — No Comments ↓

Crypto analyst DonAlt has outlined a scenario where the Bitcoin price could drop to as low as the mid-$40,000. He further suggests that this price breakdown might be necessary for the continuation of BTC’s bull run. How Bitcoin Could Drop To As Low As $47,000 In an price breakout below the $60,000 range would see… Continue reading Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000→

$59,600: Analyst Explains Why Bitcoin Must Stay Above This Level

Posted on by — No Comments ↓

Bitcoin bulls may soon be back in business. According to Willy Woo, an on-chain analyst, market data shows that urgent “market sells” responsible for forcing the coin from all-time highs are now falling. This development may prop up prices, preventing further sell-offs. Bitcoin Selling Pressure Easing This preview is due to falling Cumulative Volume Delta (CVD)… Continue reading $59,600: Analyst Explains Why Bitcoin Must Stay Above This Level→

CryptoQuant Analyst Reveals Signal That Shows Bitcoin Is Still Very Bullish

Posted on by — No Comments ↓

The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down by 2.96% and 6.14% in the past 24 hours and seven days, respectively. … Continue reading CryptoQuant Analyst Reveals Signal That Shows Bitcoin Is Still Very Bullish→