Bitcoin Price Eases From Highs — Support Zone Still Intact

Bitcoin price started a downside correction from the $97,800 zone. BTC is now trading below $95,000 and testing the $93,500 support zone. Bitcoin remained supported above the $94,500 zone. The price is trading below $96,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $95,250 on… Continue reading Bitcoin Price Eases From Highs — Support Zone Still Intact

Bitcoin Caught In Bearish Drift As It Slips Below Key Support Averages, Bears Taking Over?

According to a recent bulls unable to reclaim control and bears subtly tightening their grip. The dip below these moving averages paints a short-term bearish picture, as Shaco AI described it, “Mama Bear pulling Baby Bitcoin down.” This metaphor highlights the building pressure on Bitcoin as it attempts to break free from its current consolidation… Continue reading Bitcoin Caught In Bearish Drift As It Slips Below Key Support Averages, Bears Taking Over?

Analyst Identifies When Bitcoin Price Will Reach Cycle Top — Here’s The Timeline

The Bitcoin price appeared to have reached its top in this current cycle, embarking on a downward trend after notching a new all-time high of $108,786 at the beginning of the year. The story seems to be changing again for the premier cryptocurrency, as it builds on recent bullish momentum and looks to reclaim the… Continue reading Analyst Identifies When Bitcoin Price Will Reach Cycle Top — Here’s The Timeline

Michael Saylor’s $84 Billion Bitcoin Bet: How Is Strategy Doing On Its Current BTC Holdings?

Michael Saylor’s Bitcoin-first investment strategy has once again taken the spotlight after Strategy (formerly MicroStrategy) laid out an ambitious new plan to scale its BTC holdings. The company now owns over half a million bitcoins, making it one of the biggest institutional players in the crypto market. However, the company isn’t done yet, as recent… Continue reading Michael Saylor’s $84 Billion Bitcoin Bet: How Is Strategy Doing On Its Current BTC Holdings?

Bitcoin At $100K? $3 Billion In Shorts Are On The Line

Bitcoin is red hot again. Price reached $97,500 before dipping slightly lower to $97,000, and the markets are abuzz. Sellers anticipating Bitcoin’s upswing might be in for trouble. Figures reveal over $3 billion worth of short positions potentially being erased should Bitcoin move over the coveted $100,000 threshold. Massive Short Positions Clustered Below $100K According… Continue reading Bitcoin At $100K? $3 Billion In Shorts Are On The Line

Bitcoin To Infinity? Venture Capitalist Says Crypto’s Value Vs. Dollar Has No Ceiling

The dollar is weakening this year. As reported, the US dollar index declined 7% year-to-date, one of its worst openings in recent history. The dollar index measures the value of the dollar against six other major foreign currencies. As tensions between the US and several countries have increased on the trade front, worries regarding the… Continue reading Bitcoin To Infinity? Venture Capitalist Says Crypto’s Value Vs. Dollar Has No Ceiling

Bitcoin Price Trading Within Dense Supply Cluster — What Lies Beyond $100K?

After two weeks of strong action, the Bitcoin price seems to be back on the right track, and the bull run — which once looked done and dusted — appears to be roaring back to life. This previously improbable recovery is now accentuated by the premier cryptocurrency’s likely return to above the important $100,000 level.… Continue reading Bitcoin Price Trading Within Dense Supply Cluster — What Lies Beyond $100K?

Analyst Says Bitcoin’s Most Crucial Support Level Is At $91,200 — What’s Next?

The price of Bitcoin has started the month of May with a similar bullish impetus as in the final weeks of April, making a push for the psychologically relevant $100,000 level. With the premier cryptocurrency seemingly back on the bullish track, a prominent crypto analyst has emerged with a warning of sorts for BTC investors… Continue reading Analyst Says Bitcoin’s Most Crucial Support Level Is At $91,200 — What’s Next?

Bitcoin Price Confirmed Local Bottom As All Indicators Flash Bullish, Where’s Price Headed?

The Bitcoin price has just printed a major bullish signal, officially confirming a strong local bottom and sparking renewed sentiment among analysts. This bullish shift comes after April closed in the green, reclaiming technical levels and signaling the potential for a significant move toward the six-figure price territory. Market expert Titan Of Crypto has announced… Continue reading Bitcoin Price Confirmed Local Bottom As All Indicators Flash Bullish, Where’s Price Headed?

Bitcoin Sees Sharp Increase in Taker Buy/Sell Ratio on Binance—What Does It Signal?

Bitcoin continues to edge closer to the $100,000 psychological price mark, trading at $96,857 at the time of writing. Although the asset pulled back slightly from a 24-hour high above $97,000, it still recorded a 2.4% increase over the past week, maintaining its broader uptrend. Recent on-chain data points to a growing sense of bullish… Continue reading Bitcoin Sees Sharp Increase in Taker Buy/Sell Ratio on Binance—What Does It Signal?