Tag Archives: btcusd

Bitcoin Update: $120 Million Futures Liquidated As Price Takes A Beating

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The recent dip in the price of Bitcoin below the $59,000 support level has sent jitters through the cryptocurrency market. While the price drop triggered liquidations in futures markets, analysts warn that a more significant decline could be on the horizon in the absence of a full-blown market capitulation. Measured Retreat, Not Mass Exodus Following… Continue reading Bitcoin Update: $120 Million Futures Liquidated As Price Takes A Beating→

Bitcoin Price Recovery Could Face Many Hurdles Near $60K, Here’s Why

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Bitcoin price found support near the $56,350 zone. BTC is recovering higher, but the bears might be active near the $60,000 resistance zone. Bitcoin is attempting a recovery wave from the $56,350 support zone. The price is trading below $60,000 and the 100 hourly Simple moving average. There was a break above a key bearish… Continue reading Bitcoin Price Recovery Could Face Many Hurdles Near $60K, Here’s Why→

Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”

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An analyst has pointed out how Bitcoin recently closed below a historically important on-chain level, a failure to reclaim which could spell trouble for BTC. Bitcoin Fell Below Short-Term Holder Cost Basis In Latest Crash In a new post on X, Maartunn discussed BTC’s recent close below the realized price of the short-term holders and… Continue reading Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”→

Crypto Analyst Says Bitcoin Must Hold Above $51,800 As ETF Outflows Trigger Crash

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The Bitcoin price continues to trend below $60,000 as a 20% decline triggered a brutal market-wide crash. This has exposed multiple critical support points for the cryptocurrency, some of which the price has already fallen below. In light of this, a crypto analyst known as Norok has revealed the level the BTC price must not… Continue reading Crypto Analyst Says Bitcoin Must Hold Above $51,800 As ETF Outflows Trigger Crash→

Bitcoin On Track For $1 Million Per BTC “Fair Value”, Analyst Says

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An analyst has explained how the “fair value” of Bitcoin appears to be on track to achieve the $1 million milestone by 2035. Bitcoin Total User Count Could Forecast Fair Value Path Forward In a new post on X, analyst Willy Woo has discussed about how the fair value of Bitcoin could look like in… Continue reading Bitcoin On Track For $1 Million Per BTC “Fair Value”, Analyst Says→

Bitcoin Déjà Vu: Analyst Identifies Trends Reflecting 2016 Cycle

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Cryptocurrency analyst Rekt Capital has come up with an intriguing narrative pointing to several trends in the current price action of Bitcoin that are similar to the price trends seen in the 2016 bull cycle, even as market sentiments continue to dwindle.  Bitcoin Trends Reiterating 2016 Pattern According to Rekt Capital, more than a month… Continue reading Bitcoin Déjà Vu: Analyst Identifies Trends Reflecting 2016 Cycle→

Bitcoin Bull Run Over? Analyst Predicts What To Expect Now

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The recent plummet in Bitcoin’s value below the $60,000 mark has sparked widespread speculation within the crypto community, raising questions among investors and market watchers about the future direction of its price. Marco Johanning, a well-known crypto analyst and founder of The Summit Club, took to X (formerly Twitter) to provide his insights on the… Continue reading Bitcoin Bull Run Over? Analyst Predicts What To Expect Now→

Bitcoin Price Settles Below $60K, Is This A Critical Bearish Sign?

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Bitcoin price extended losses and settled below $60,000. BTC is now consolidating losses near $58,000 and remains at risk of more downsides in the near term. Bitcoin extended losses and traded below the $60,000 zone. The price is trading below $59,000 and the 100 hourly Simple moving average. There is a major bearish trend line… Continue reading Bitcoin Price Settles Below $60K, Is This A Critical Bearish Sign?→

Finance Expert Raoul Pal Says 20% Bitcoin Correction Only Temporary As Euphoria Will Return

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Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has shed light on the current market state and the future outlook of Bitcoin, the world’s largest cryptocurrency. Despite the cryptocurrency witnessing declines of more than 15%, the financial expert has uncovered a significant pattern that indicates a potential bull flag following Bitcoin’s price… Continue reading Finance Expert Raoul Pal Says 20% Bitcoin Correction Only Temporary As Euphoria Will Return→

Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over

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On Wednesday, Bitcoin sharply declined, dropping below the crucial $60,000 support level. Despite this recent market downtrend, Bitcoin investors remain confident as they believe the flagship crypto can still reach new heights in this market cycle. Some say this might be what Bitcoin needs before making another parabolic run to the upside.  Bitcoin’s Decline Is… Continue reading Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over→