Tag Archives: btcusd

Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000

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Bitcoin recently dropped $70,000 price level successfully. Based on crypto analyst Josh’s analysis, the flagship crypto needs to climb above this critical support level soon enough or risk flipping into a bearish trend.  Bitcoin Needs To Climb Above $68,000 Josh mentioned in a $67,000 and $68,000 is now an area of strong resistance and one… Continue reading Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000→

Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds

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Crypto funds witnessed outflows last week after recording five weeks of consecutive inflows. According to drop in the price of Bitcoin throughout the week and a more hawkish-than-expected Federal Open Market Committee (FOMC) meeting held during the week. Crypto Funds Bleed Largest Since March, With Bitcoin In The Lead Crypto funds witnessed outflows of $600… Continue reading Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds→

Bitcoin Braces For 10-20% Crash, Top Analyst Cites 90% Chance Of Pullback

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Bitcoin (BTC), the largest cryptocurrency on the market, has again taken the lead in the crypto landscape. However, this time it comes with a sense of caution among investors triggered by macroeconomic data, particularly from the United States.  In addition, the resulting outflows of over $600 million from the primary market of the digital asset… Continue reading Bitcoin Braces For 10-20% Crash, Top Analyst Cites 90% Chance Of Pullback→

Bitcoin Could Crash To $60,000 If This Support Gets Lost: CryptoQuant Head

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On-chain data shows Bitcoin is approaching the “Realized Price” of the short-term holders, a retest of which has historically been important for BTC. Bitcoin Is Close To Seeing A Retest Of Short-Term Holder Cost Basis In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed how BTC has recently been near… Continue reading Bitcoin Could Crash To $60,000 If This Support Gets Lost: CryptoQuant Head→

Bitcoin Price Slide: Extends Losses Amid Increased Selling Pressure

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Bitcoin price extended its losses and traded below the $65,000 level. BTC is showing bearish signs and might extend losses below the $64,600 level. Bitcoin remained in a bearish zone and traded below $65,000. The price is trading below $66,000 and the 100 hourly Simple moving average. There is a connecting trend line forming with… Continue reading Bitcoin Price Slide: Extends Losses Amid Increased Selling Pressure→

Bitcoin Mining Cost At $86,700: Price To Surpass This Soon?

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Data suggests the average cost of mining Bitcoin is standing around $86,700 right now. Here’s what history suggests could happen next for BTC. Bitcoin Average Mining Cost Is Currently Notably Higher Than The Price In a new miners compete against each other using computing power to get to hash the next block on the chain.… Continue reading Bitcoin Mining Cost At $86,700: Price To Surpass This Soon?→

Metrics Signal Bitcoin Price Increase – But When Is Anyone’s Guess

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Bitcoin has been on a bumpy ride in recent days. The world’s most popular cryptocurrency has seen its price steadily decline, raising concerns about a prolonged bear market. However, beneath the surface, some analysts are detecting faint bullish whispers that could signal a potential reversal. Buying Pressure Emerges, But Can It Overcome The Downtrend? One… Continue reading Metrics Signal Bitcoin Price Increase – But When Is Anyone’s Guess→

Bitcoin Price Decline Continues: Lower Targets in Sight

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Bitcoin price started another decline from the $66,850 resistance zone. BTC is again moving lower and might even decline below the $65,500 support zone. Bitcoin failed to climb above $67,000 and started another decline. The price is trading below $66,800 and the 100 hourly Simple moving average. There was a break below a connecting bullish… Continue reading Bitcoin Price Decline Continues: Lower Targets in Sight→

Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus

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Bernstein analysts Gautam Chhugani and Mahika Sapra recently revised their price targets for Bitcoin in their latest market report, which also initiated coverage on MicroStrategy. These analysts also outlined factors that they believe could contribute to BTC’s exponential price surge.  Bitcoin To Hit $200,000 And Then $1 Million Chhugani and Sapra predicted in the report… Continue reading Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus→

Analyst Pinpoints Critical Support Zone For Bitcoin

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According to data from CoinMarketCap, Bitcoin has had an unimpressive week with its market price falling by 4.65% over the last seven days. However, prominent crypto analyst Ali Martinez has released a price alert indicating that the market leader could be set for more losses if it fails to secure a certain support zone. Bitcoin… Continue reading Analyst Pinpoints Critical Support Zone For Bitcoin→