Tag Archives: btcusd

Is Bitcoin Overheated Right Now? This Metric Suggests No

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Data of an on-chain indicator could suggest Bitcoin is currently not at a stage where its price would be at a significant risk of facing correction. Bitcoin 365-Day MA Growth Rate Is Sitting Below Historical Overheated Zone In a post on X, CryptoQuant author Axel Adler Jr has discussed about the recent trend in the… Continue reading Is Bitcoin Overheated Right Now? This Metric Suggests No→

Bitcoin Price Prediction: Major Analysts Say BTC Is Headed For 6-Digit ATH

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Major crypto analysts have weighed in on the Bitcoin future trajectory, especially as the flagship crypto has maintained a tepid price action and has continued to consolidate since the halving took place. These analysts predict that Bitcoin will soon rise and climb to a six-digit all-time high (ATH).  Bitcoin To Rise To $100,000 rise to… Continue reading Bitcoin Price Prediction: Major Analysts Say BTC Is Headed For 6-Digit ATH→

Bitcoin in Decline: Price Turns Red as Market Eyes Fed Decision

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Bitcoin price extended losses below $67,500 support zone. BTC tested the $66,000 support zone and is now attempting a recovery wave. Bitcoin started another decline below the $68,500 support zone. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $68,650… Continue reading Bitcoin in Decline: Price Turns Red as Market Eyes Fed Decision→

NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs

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In a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal.  According to a Bloomberg report, Google searches for NFTs have… Continue reading NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs→

Bitcoin Turns Weakness Into Strength: Analyst Identifies Major Liquidity Zone At $73,000

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Crypto analyst Dippy has laid a bullish narrative for the Bitcoin’s recent drop below $68,000.   Bitcoin Could Experience A Massive Pump Above $73,000 Dippy suggested in an X (formerly Twitter) post that Bitcoin could enjoy a price pump once it reaches the liquidity zone around $73,000. He noted that many short traders have their stop… Continue reading Bitcoin Turns Weakness Into Strength: Analyst Identifies Major Liquidity Zone At $73,000→

Bitcoin Slips Under $67,000: Can BTC Rely On This Historical Support Again?

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Bitcoin has observed a plunge during the past day, taking the asset’s price under $67,000. Here’s the historical support level that the asset could visit next. Bitcoin Is Now Not Far From The Short-Term Holder Realized Price As analyst James Van Straten pointed out in a post on X, the Realized Price of the Bitcoin… Continue reading Bitcoin Slips Under $67,000: Can BTC Rely On This Historical Support Again?→

Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch

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The new week has been quite bearish for bitcoin, with the price witnessing major crashes below multiple support levels. After losing its footing above $71,000, it has plunged further below $67,000, signaling the start of a downtrend. Amid the uncertainty, a crypto analyst has presented the important levels to watch as Bitcoin makes it descent,… Continue reading Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch→

Bitcoin Set for Further Decline As Bearish Sentiment Intensifies

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Bitcoin (BTC), the leading cryptocurrency by market capitalization, appears to be heading for further declines as market sentiment turns increasingly bearish. Recent analysis shows that BTC is struggling to maintain key support levels, and the overall mood among traders and investors is shifting towards caution. Several factors such as macroeconomic pressures, regulatory concerns, and technical… Continue reading Bitcoin Set for Further Decline As Bearish Sentiment Intensifies→

$2 Billion Crypto Funds Flow Into Market On Rate Cut Buzz

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The cryptocurrency market is buzzing with renewed optimism as investment funds witness a historic inflow surge. CoinShares, a leading digital asset manager, reported a record-breaking $2 billion influx into crypto funds in just one week, surpassing the entire month of May’s net inflows. This positive trend, now spanning five consecutive weeks, has propelled total assets… Continue reading $2 Billion Crypto Funds Flow Into Market On Rate Cut Buzz→

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→