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Over the last few weeks, analysts have been predicting that the Bitcoin price could crash again after the initial October 10 crash. This is because of the weakening market trends that have shown that Bitcoin is still favoring a downtrend at this point. Crypto analyst Lixing_Gan on the TradingView website also shares this view, with… Continue reading The Descending Channel That Can Trigger A Bitcoin Price Crash To $88,000
JPMorgan has put a numerical marker under this Bitcoin cycle, telling clients that the market’s “pain threshold” now sits near $94,000 — a level the bank frames as both a mining-economics floor and an answer to the question of how low spot can realistically trade before fundamentals start to bite. According to reporting by The… Continue reading How Low Can Bitcoin Price Go? JPMorgan Points To A Key Threshold
Bitcoin dropped to $96,000 on heavy selling Friday, and falling risk appetite, leaving traders and analysts parsing whether this is normal profit-taking or a larger turning point for the market. According to on-chain and market reports, the drop wiped out more than $700 million in long positions and left November down by more than 10%.… Continue reading Fear Not: Bitcoin Whale Selling Doesn’t Point To A Crypto Meltdown—Analysts
According to market watchers, US-listed spot Bitcoin ETFs posted a $520 million inflow on Tuesday, a sharp change after a mild $1.15 million inflow the day before and a recent week that saw $1.22 billion in withdrawals. That swing in flows is being watched closely because inflows into ETFs have in the past helped drive… Continue reading Bitcoin Eyes New All-Time High As Analyst Sets $170K Target
Bitcoin continues to consolidate below the $105,000 mark, maintaining stability above the key $100,000 support level despite ongoing market uncertainty. Bulls appear to be losing momentum, yet sellers are showing signs of exhaustion as the price resists further decline. According to top analyst Darkfost, the market has entered a clear deleveraging phase following the major… Continue reading Bitcoin Leverage Cooldown Signals Market Reset: OI Drops 21% As Excess Risk Is Flushed Out
On Thursday, the Bitcoin price fell toward the $98,000 mark, with November shaping up to mirror October’s performance as the market’s leading cryptocurrency continues to hit lower lows over the past month, confirming a prevalent downtrend in the market. Bitcoin Price Uncertainty Grows Post-Government Shutdown This downturn is indicative of growing market uncertainty, particularly following… Continue reading Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
Following the recent comeback of privacy-focused cryptocurrencies, Cypherpunk Technologies has launched a $50 million Zcash (ZEC) treasury strategy backed by Winklevoss Capital. Cypherpunk Technologies Launches Zcash DAT On Wednesday, Leap Therapeutics announced the official launch of its Zcash Digital Asset Treasury (DAT) strategy and rebrand to Cypherpunk Technologies. The biotech company previously revealed that it… Continue reading Winklevoss Twins Back Zcash (ZEC) Treasury Company With $58M Investment
Bitcoin is days from printing another daily “death cross” — the 50-day simple moving average slipping beneath the 200-day — but analyst Kevin (Kev Capital TA) argues the label misleads more than it informs. In a November 12 video breakdown titled “BTC Daily Death Cross — How It Works And What To Expect,” he contends… Continue reading Bitcoin Death Cross Is Coming: Don’t Be Fooled By The Name
A new may have secretly seized the coins. China’s 2020 Bitcoin Hack Raises Questions About US Government Involvement LuBian was a fast-growing Bitcoin mining pool launched in 2020, mainly operating in China and Iran. In late December 2020, hackers attacked its system and stole over 90% of its Bitcoin, matching almost exactly the 127,271 BTC… Continue reading Chinese And US Governments Fighting Over Bitcoin? Here’s What We Know
The cryptocurrency market has weathered a challenging period, testing the resolve of the most seasoned investors. After a prolonged period of downward pressure, the Bitcoin Supply-Loss Chart is flashing a possible bottom signal. A Deeper Look At Bitcoin Supply In Loss Chart Bitcoin on-chain data on the loss chart is currently flashing a possible bottom.… Continue reading Bitcoin Supply-Loss Chart Flashes Possible Bottom Signal — Is Reversal Emerging?