Tag Archives: BTCUSDT

Bitcoin Price Declines Further, Can Buyers Prevent Another Sharp Drop?

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Bitcoin price is attempting to recover from $110,650. BTC is back above $112,200 but faces many hurdles on the way up to $115,000. Bitcoin started a recovery wave above the $112,000 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance… Continue reading Bitcoin Price Declines Further, Can Buyers Prevent Another Sharp Drop?→

Bitcoin 30-Day Active Supply Signals Slow Activity—Could BTC Be Preparing For A Big Move?

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The Bitcoin price has struggled to retain any serious momentum over the past few weeks despite running to a new all-time high in that period. Over the past week, the flagship cryptocurrency fell below the $112,000 mark before experiencing some resurgence on the back of the US Federal Reserve (Fed) chairman Jerome Powell’s speech. However,… Continue reading Bitcoin 30-Day Active Supply Signals Slow Activity—Could BTC Be Preparing For A Big Move?→

BlackRock Triggers Bitcoin Sell-Offs With Half A Billion Dollars Dumped

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The world’s largest asset manager, BlackRock, has notably been on a Bitcoin selling spree throughout this week, triggering a wave of sell-offs in the process. These sales have occurred due to the outflows that the asset manager has witnessed from its BTC ETF.  BlackRock Dumps Around $500 Million In Bitcoin Arkham data shows that BlackRock… Continue reading BlackRock Triggers Bitcoin Sell-Offs With Half A Billion Dollars Dumped→

Bitcoin On-Chain Model Shows Critical Support At $104,000-$108,000 – Details

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Prominent analytics firm Glassnode has shared new on-chain insights into the Bitcoin market, pointing to the next major support zone amid a euphoric market mood on Friday. The world’s leading cryptocurrency briefly surged to above $117,000 after comments from US Federal Reserve Chairman Jerome Powell signaled a possible shift away from the central bank’s long-standing… Continue reading Bitcoin On-Chain Model Shows Critical Support At $104,000-$108,000 – Details→

Bitcoin Price In A Trend Shift? Here’s Why $118K Might Be Vital For A Bullish Return

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The price of Bitcoin has struggled to make any real headway since reaching the former all-time high around $123,800 in mid-July. While the premier cryptocurrency set a new record-high price at around $124,120, it never really looked certain to go on a fresh bullish run. Over the past week, the market leader succumbed to severe… Continue reading Bitcoin Price In A Trend Shift? Here’s Why $118K Might Be Vital For A Bullish Return→

Bitcoin Slides Below $120K as Buyers Retreat, Is the Rally Already Over?

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Bitcoin continues to trade below its recent highs, extending a pullback that began after reaching a record level above $124,000 last week. As of today, the cryptocurrency is priced around $115,347, reflecting a 7.7% drop from its peak and a 3% decline over the past week. The downturn highlights a loss of momentum, with market… Continue reading Bitcoin Slides Below $120K as Buyers Retreat, Is the Rally Already Over?→

When Will Bitcoin Bottom Out? This Could Be The Signal To Watch

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On-chain analytics firm Glassnode has revealed how the Bitcoin price often forms local bottoms when this holder group shows capitulation. Bitcoin STHs Are Currently Participating In Mild Loss Realization In a new post on X, Glassnode has talked about how short-term price action is often dictated by the top buyers’ reaction to post-ATH drawdowns. As… Continue reading When Will Bitcoin Bottom Out? This Could Be The Signal To Watch→

Bitcoin Holds Strong In ‘Wall Of Worry’, Path To $183,000 Remains Open – Analyst

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The Bitcoin (BTC) market registered an impressive 4% price bounce on Friday, following dovish policy comments by US Federal Reserve Chairman Jerome Powell. The premier cryptocurrency now trades above $116,000, nullifying earlier losses seen in the past week. Interestingly, prominent market analyst Tony “The Bull” Severino has outlined the implications of this price rebound regarding… Continue reading Bitcoin Holds Strong In ‘Wall Of Worry’, Path To $183,000 Remains Open – Analyst→

Trump’s Pro-Crypto PAC Gets $21 Million Bitcoin Donation From Billionaire Founders

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Donald Trump’s new pro-crypto political action committee has received a very large Bitcoin donation that could help shape the future of digital assets in America. Billionaire twins Cameron and Tyler Winklevoss, who are best known as the founders of the Gemini crypto exchange, announced on Wednesday that they donated $21 million in Bitcoin to the… Continue reading Trump’s Pro-Crypto PAC Gets $21 Million Bitcoin Donation From Billionaire Founders→

Bitcoin Bull Score Index Signals Fading Momentum: Room For Downside?

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Bitcoin is trading at a pivotal level after losing momentum from the $120,000 zone and slipping into deeper volatility. The price is now testing the $112,000 support level, a key zone for bulls to defend in order to avoid further bearish pressure. While the broader trend remains constructive in the long term, the short-term outlook… Continue reading Bitcoin Bull Score Index Signals Fading Momentum: Room For Downside?→