Tag Archives: btc

Bitcoin Price Falters: Another Downturn In Crypto Prices

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Bitcoin price failed to stay above the $68,500 support zone. BTC extended losses and now showing bearish signs below the $68,800 level. Bitcoin started another decline from the $70,150 resistance zone. The price is trading below $68,800 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at… Continue reading Bitcoin Price Falters: Another Downturn In Crypto Prices→

Bitcoin Could See Next Top At $89,200, Crypto Analyst Suggests

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According to this on-chain indicator, an analyst explained how the next potential local top for Bitcoin could be $89,200. Bitcoin CVDD “Assessing Tops” Metric Could Suggest Next Potential Top In a new Coin Days Destroyed” (CDD). A “coin day” is the quantity that 1 BTC accumulates after sitting dormant on the blockchain for 1 day.… Continue reading Bitcoin Could See Next Top At $89,200, Crypto Analyst Suggests→

Hedge Funds Heavily Betting For Bitcoin To Fall: Will This Strategy Fail?

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Looking at the formation in the daily chart, there is no relief for Bitcoin at spot rates. Following the flash crash on June 6, prices reversed sharply from the $72,000 level, further highlighting the significance of the liquidation level. In the past, Bitcoin prices have recoiled from this level, with analysts expecting a short squeeze… Continue reading Hedge Funds Heavily Betting For Bitcoin To Fall: Will This Strategy Fail?→

Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery

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The Bitcoin on-chain metrics continue to show bullish signs that a parabolic breakout is imminent for the flagship crypto. The latest of these metrics is a significant turnaround in Bitcoin’s network activity, which could further provide bullish momentum for the crypto token.  Bitcoin Sees Surge In Network Activity  Crypto analyst Ali Martinez revealed in an… Continue reading Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery→

Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation

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Bitcoin (BTC) seems poised for a major breakout, if prominent analysts are to be believed. The world’s most popular cryptocurrency has been stuck in a consolidation phase for a record-breaking 87 days, but experts say this slumbering giant might be about to awaken with a vengeance. Charting A Course For Breakout Faibik, a well-known crypto… Continue reading Ready To Strike? Bitcoin Poised For A Big Move After Major Consolidation→

Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide

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In an analysis released to his 280,000 followers on X, the renowned crypto analyst known as Cold Blooded Shiller (@ColdBloodShill) provided an in-depth look at the current state of Bitcoin amidst a volatile market environment. His commentary, titled “Ultimate BTC Simple Bias Guide,” unpacks the recent emotional reactions triggered by Bitcoin’s price movements and offers… Continue reading Buy Or Sell Bitcoin Now? Analyst Reveals Ultimate Bias Guide→

Bitcoin Buoyed By Big Money: Whales Gobble More BTC, Signaling Bullish Outlook

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Bitcoin (BTC) finds itself in a curious position, caught in a tug-of-war between the bullish conviction of whales (large investors) and the jittery hands of short-term holders. The world’s top cryptocurrency recently surged to within a hair’s breadth of its all-time high, fueled by a buying spree from whales. However, lurking beneath the surface are… Continue reading Bitcoin Buoyed By Big Money: Whales Gobble More BTC, Signaling Bullish Outlook→

Bitcoin Price Resurgence: Ready for Another Upswing?

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Bitcoin price stayed above the $68,500 support zone. BTC is now consolidating and might aim for a fresh increase above the $70,150 resistance. Bitcoin found support near $68,500 and started a decent recovery wave. The price is trading below $70,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming… Continue reading Bitcoin Price Resurgence: Ready for Another Upswing?→

Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities

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The Bitcoin price has stalled after hitting the $71,000 level, floating in what is essentially a limbo of indecisiveness. Naturally, periods like these act as a predecessor to a massive move, but what direction the price might be headed in is another thing entirely. In an effort to pinpoint where Bitcoin is going, crypto analyst… Continue reading Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities→

Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why

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The on-chain analytics firm CryptoQuant has explained why Bitcoin and Ethereum have recently appeared to be on a path towards acceleration. Bitcoin & Ethereum Are Looking Bullish In On-Chain Metrics In a new thread on X, the official CryptoQuant handle discussed how some important on-chain indicators are looking for Bitcoin and Ethereum right now. The… Continue reading Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why→