Tag Archives: btc

Bitcoin Bears Back In Control After $110,000 Rejection, What Comes Next?

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The Bitcoin price has suffered a violent rejection after hitting the $110,000 level, showing a clear intention of the bears to keep the digital asset from hitting new all-time highs. So far, the rejections from $110,000 have been swift and have put the bears back in control. This has given credence to calls that the… Continue reading Bitcoin Bears Back In Control After $110,000 Rejection, What Comes Next?→

Bitcoin Price Crashes Below $103,000—What Triggered It?

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After hitting $110,450 on Monday, the Bitcoin price is writing its third consecutive red day as the benchmark cryptocurrency fell 5.3% from an intra-day top of $108,450 to a trough of $102,664 before clawing back to about $104,456 by press time. The sell-off coincided, almost minute-for-minute, with confirmation that Israel had conducted large-scale air-strikes on… Continue reading Bitcoin Price Crashes Below $103,000—What Triggered It?→

Bitcoin Nears All-Time High as Whale Behavior Suggests Further Upside

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Bitcoin continues to show signs of recovery as its price rebounds from a brief correction last week. At the time of writing, the crypto is trading at $109,693, reflecting a 0.4% increase over the past 24 hours. Despite this upward movement, the current price remains roughly 2% below its all-time high of over $111,000, recorded… Continue reading Bitcoin Nears All-Time High as Whale Behavior Suggests Further Upside→

Bitcoin Options Traders Expect Quiet—But On-Chain Data Suggests Chaos

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The Bitcoin Options traders have been pricing in low implied volatility, but on-chain data shows a setup ripe for amplified price swings. Bitcoin Options ATM IV Has Been Trending Lower In its latest weekly report, the analytics firm volatility risk associated with Bitcoin looks from the perspective of on-chain analysis. The indicator shared by Glassnode… Continue reading Bitcoin Options Traders Expect Quiet—But On-Chain Data Suggests Chaos→

Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000

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Bitcoin has faced a lot of resistance above $110,000, suggesting the bears are trying to keep the digital asset from reclaiming its all-time high levels. This has been obvious with multiple rejections above $110,000 over the last few days, while the bulls have held support above $108,000. This trend plays into an analysis published by… Continue reading Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000→

Bitcoin Price Hits Local High? Top Analyst Shares Key Levels

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The Bitcoin price is slipping into a critical area following a decline in the previous buying pressure. Many traders and investors in the crypto market wonder if the top crypto will recover as confidence in a new Bull Market barely show signs of a recovery. Top Bitcoin Pundit: Watch Out For This Level According to… Continue reading Bitcoin Price Hits Local High? Top Analyst Shares Key Levels→

Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears

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Bitcoin’s price outlook remains sky-high after Strategy founder Michael Saylor told Bloomberg on Tuesday that a market freeze won’t come back. He argued that growing demand and limited daily supply point straight to a rally toward $1 million. Supply And Demand Pressure According to Saylor, miners release only about 450 BTC each day. That adds… Continue reading Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears→

Bitcoin Is Wildly Undervalued, Says Bitwise: ‘Fair Price’ Today Is $230,000

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Bitcoin is once again knocking on the door of price discovery, but researchers at Bitwise Asset Management argue that spot quotations still understate what the network is worth. In their Week 24 Crypto Market Compass circulated late Tuesday, Dr. André Dragosch, Bitwise’s Head of Research for Europe, and analyst Ayush Tripathi calculate that “quantitative models… Continue reading Bitcoin Is Wildly Undervalued, Says Bitwise: ‘Fair Price’ Today Is $230,000→

Bitcoin Price Break Above $107,000 Triggers Bullishness, These Factors Will Drive A Faster Rise

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After days of testing a resistance zone at $106,000, Bitcoin has finally broken above the $107,000 mark to confirm a strong bullish momentum that has been building since early June. The breakout, which has seen Bitcoin reclaim $110,000 briefly in the past 24 hours, follows several failed attempts to close above this pivotal level.  Technical… Continue reading Bitcoin Price Break Above $107,000 Triggers Bullishness, These Factors Will Drive A Faster Rise→

Is Bitcoin Headed For A Meltdown? Veteran Trader Sees 75% Crash Ahead

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Bitcoin’s recent price surge hasn’t stopped warnings of a steep drop. After rising 1.87% in 24 hours and 3.61% over the past week, Bitcoin trades near $109,192. According to Peter Brandt, a veteran trader, these gains could be setting up the biggest crash in years. Crash Scenario Outlined According to Brandt’s analysis, Bitcoin could plunge… Continue reading Is Bitcoin Headed For A Meltdown? Veteran Trader Sees 75% Crash Ahead→