Tag Archives: btcusd

Bitcoin Support Retests Reflect September 2023 Patterns: Is Another Bull Run Coming?

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Bitcoin has faced significant price fluctuations marked by a notable crash on August 5 that saw its value dip to $49,000. This was followed by a rebound to approximately $65,000, only to experience another decline to around $52,000 last Friday.  Despite these challenges, the largest cryptocurrency by market capitalization is undergoing crucial support retests, reminiscent… Continue reading Bitcoin Support Retests Reflect September 2023 Patterns: Is Another Bull Run Coming?→

Bitcoin To Break $100K By 2025? Experts Weigh In On Potential New ATH

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With its overall market valuation down about 30% from its March 2024 record of $2.89 trillion, the cryptocurrency market is reaching a turning point. Investors are worried as the market cap as of September 8, 2024, is $1.93 trillion. Nonetheless, a recent BTC price forecast indicates that Bitcoin is anticipated to rise by 83.70% in… Continue reading Bitcoin To Break $100K By 2025? Experts Weigh In On Potential New ATH→

Bitcoin Rainbow Chart Forecasts An End To Bearish Headwinds With $60,000+ Target

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Crypto analyst Daan Crypto has highlighted a Bitcoin Rainbow Chart, which has provided insights into the crypto’s current price action. The analyst also suggested that Bitcoin needs to hold above $60,000 to make a bullish reversal.   Bitcoin Needs To Break Above $60,000 In an X (formerly Twitter) post, Daan Crypto suggested that Bitcoin needs to… Continue reading Bitcoin Rainbow Chart Forecasts An End To Bearish Headwinds With $60,000+ Target→

Bitcoin Price Rebounds, But Could the Downtrend Return?

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Bitcoin price remained supported near the $52,500 zone. BTC is recovering losses and facing hurdles near the $55,200 and $55,500 levels. Bitcoin is struggling to recover above the $55,500 zone. The price is trading below $55,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $55,200… Continue reading Bitcoin Price Rebounds, But Could the Downtrend Return?→

Traders Move $4.7 Billion To Stablecoins Amid Crypto Market Uncertainty – Details

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The crypto market is experiencing a notable shift in liquidity as investors acquire massive amounts of stablecoins due to market uncertainties in the last few months. CryptoQuant analyst with username Percival has provided more insights into this trend of capital rotation. Open Interest In Crypto Market Shrinks As Stablecoins See Liquidity Influx Following a rather… Continue reading Traders Move $4.7 Billion To Stablecoins Amid Crypto Market Uncertainty – Details→

Here’s Why Bitcoin Price Crashed Below $54,000

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The Bitcoin price dropped below $54,000 on September 6 as the flagship crypto experienced a massive wave of sell-offs from traders. This price decline was sparked by developments on the macroeconomic side, which painted a bearish outlook for Bitcoin.  Bitcoin Slides Following Weak Job Report Bitcoin’s price retreated following a weak August job report. Data… Continue reading Here’s Why Bitcoin Price Crashed Below $54,000→

Bitcoin Investors Quiver As Accumulation Trend Nears Zero

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September has started with significant losses for the Bitcoin market after a price decline of 9.16% occurred in the last week based on data from CoinMarketCap. During this period, the price of the largest cryptocurrency has dipped below $53,000 reaching a price low last seen in early August. Interestingly, despite Bitcoin’s low prices, investors are… Continue reading Bitcoin Investors Quiver As Accumulation Trend Nears Zero→

Bitcoin Fear & Greed Index Falls To Extreme Fear, Is The Bottom Close?

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The recent Bitcoin and crypto market crash has seen prices plunge into the red across the board. As a result, sentiment among crypto investors has plunged rapidly and this has caused the Fear & Greed Index to plunge into the Extreme Fear territory. This suggests that investors are less likely to put money into the… Continue reading Bitcoin Fear & Greed Index Falls To Extreme Fear, Is The Bottom Close?→

Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000

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On Friday, the cryptocurrency market’s Fear and Greed Index plummeted to “extreme fear,” reflecting growing anxiety among investors as the Bitcoin price dipped to a weekly low of $53,700.  This downturn marks a continuation of a broader sell-off that has plagued the market, particularly since Bitcoin struggled to maintain momentum above the critical $60,000 threshold.… Continue reading Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000→

Why Has Bitcoin Been Bearish Lately? CryptoQuant Head Chimes In

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Bitcoin has continued its bearish momentum as its price has now slipped below $56,000. Here’s what could be behind this trajectory, according to CryptoQuant’s Head of Research. Bitcoin On-Chain Metrics Are All Giving Bearish Signals Right Now In a newstruggling recently. “Bitcoin price is down simply because there is no demand growth,” notes the analyst.… Continue reading Why Has Bitcoin Been Bearish Lately? CryptoQuant Head Chimes In→