Tag Archives: btc

This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says

Posted on by — No Comments ↓

The on-chain analytics firm Glassnode has explained how the Bitcoin investor Cost Basis Distribution could highlight this level as an important one. A Notable Amount Of Bitcoin Has Cost Basis At $106,600 In a new Cost Basis Distribution” (CBD) here refers to an on-chain indicator that tells us about how much of the asset’s supply… Continue reading This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says→

Bitcoin Price Nears Record Highs: Are We Headed For A $120,000 Breakout

Posted on by — No Comments ↓

With Bitcoin (BTC) surging back above the $105,000 mark and nearing its record high set in January, market expert Doctor Profit has outlined bullish predictions for the leading cryptocurrency. In a recent post on social media platform X, he detailed the dynamics he believes will drive Bitcoin toward new highs. Bitcoin Breaks Key Levels As… Continue reading Bitcoin Price Nears Record Highs: Are We Headed For A $120,000 Breakout→

Bitcoin’s $10K Rhythm: Steady Climb Signals Strong Push To $115K

Posted on by — No Comments ↓

Bitcoin is showing signs of calm after a wild ride earlier this year. The top cryptocurrency dropped sharply from a high of $109,000 in January to a low of $74,600 by mid-April. That’s more than $34,000 wiped out in just a few months. But things have shifted since then. Bitcoin climbed back, gaining over 30%… Continue reading Bitcoin’s $10K Rhythm: Steady Climb Signals Strong Push To $115K→

Bitcoin Price Inches Toward All-Time High — Can Momentum Finish the Job?

Posted on by — No Comments ↓

Bitcoin price started a fresh increase and cleared the $105,500 zone. BTC is now consolidating and might aim for another increase toward $108,000 Bitcoin started a fresh upward move from the $102,500 zone. The price is trading above $103,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with… Continue reading Bitcoin Price Inches Toward All-Time High — Can Momentum Finish the Job?→

Bitcoin Must Close Above $107,000 To Confirm Breakout Or Risk Dropping To $98K

Posted on by — No Comments ↓

After a powerful rally earlier this month, Bitcoin’s price action has stalled just above $103,000 and has been caught in a tight consolidation range for over the past week. The daily chart shows consistent resistance just above $107,000, with the latest candles forming in a compressed horizontal band, indicating indecision and low momentum. This price… Continue reading Bitcoin Must Close Above $107,000 To Confirm Breakout Or Risk Dropping To $98K→

Bitcoin Price Could Be Preparing For Fresh Wave Of Volatility — Here’s Why

Posted on by — No Comments ↓

The Bitcoin price action over the weekend has been quite sluggish, reflecting the indecision and fatigue seemingly hovering over the cryptocurrency market at the moment. After a dour performance during the week, the premier cryptocurrency has continued to trade within the $92,000 – $95,000 range on Saturday, May 17. With the choppy price action, doubt… Continue reading Bitcoin Price Could Be Preparing For Fresh Wave Of Volatility — Here’s Why→

Golden Ratio Multiplier Called Bitcoin Top In 2021 – Here’s What It’s Saying Now

Posted on by — No Comments ↓

Bitcoin is still trading around the $103,000 mark, although the upward momentum it started in May has exhibited a slowdown in the past seven days. Although a short-term volatility is currently playing out, the long-term outlook is undoubtedly bullish. Some analysts are looking to long-term cycle indicators for direction. One such tool, the Golden Ratio… Continue reading Golden Ratio Multiplier Called Bitcoin Top In 2021 – Here’s What It’s Saying Now→

Bitcoin Consolidates Below ATH – Buying Pressure Weakens As Equities Outperform

Posted on by — No Comments ↓

Bitcoin is facing growing risks of a pullback as bullish momentum begins to fade near key resistance. After weeks of impressive gains, BTC is now consolidating in a tight range just below its all-time high, with buyers struggling to push the price into price discovery. This ongoing indecision has raised concerns among traders and analysts,… Continue reading Bitcoin Consolidates Below ATH – Buying Pressure Weakens As Equities Outperform→

Bitcoin Options Market Signals Further Upside Potential For BTC Price: New ATH Soon?

Posted on by — No Comments ↓

Following the return above $100,000 in the previous week, Bitcoin has fought well to maintain its hold above the six-figure mark in recent days. While the flagship cryptocurrency retains its six-figure valuation, there’s still some momentum lacking in its price action, as spotlighted by last week’s performance.  According to recent analysis, the sluggishness and apparent… Continue reading Bitcoin Options Market Signals Further Upside Potential For BTC Price: New ATH Soon?→

Is Bitcoin Bull Run Back? Daily RSI Shows Only Mild Bullish Momentum

Posted on by — No Comments ↓

The price of Bitcoin has been on quite the run since mid-April, finding its way from beneath the $85,000 mark to as high as $104,700 over the past month. The largest cryptocurrency market enjoyed a positive shift in investor sentiment and a fresh influx of capital, especially through the BTC exchange-traded funds (ETFs). Interestingly, the… Continue reading Is Bitcoin Bull Run Back? Daily RSI Shows Only Mild Bullish Momentum→