CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin?

The Bitcoin market has been marked by notable volatility recently, with prices fluctuating significantly, dropping close to the $98,400 level before rebounding above $105,000 on Monday.  Potential 12% Retrace To $92,000 Technical analyst Doctor Profit recently shared key notes on the social media platform X (formerly Twitter), indicating that a substantial Chicago Mercantile Exchange (CME)… Continue reading CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin?

Bitcoin’s Drop Below $100k Sparks Bearish Chatter, But Data Says Something Else

Bitcoin has rebounded slightly after dropping below the $100,000 mark, a decline attributed to escalating geopolitical tensions. The digital asset reached lows of approximately $98,974 following reports of US military strikes on Iran. At the time of writing, Bitcoin has regained some ground and is trading at $102,1010, representing a 2.4% increase over the past… Continue reading Bitcoin’s Drop Below $100k Sparks Bearish Chatter, But Data Says Something Else

This Bitcoin Zone Could Be Market’s Next True ‘Pivot,’ Says Glassnode

The on-chain analytics firm Glassnode has highlighted the $97,000 to $98,000 zone as an important one for Bitcoin. Here’s why. Bitcoin CBD Suggests Build Up Of Supply In This Range In a new Cost Basis Distribution (CBD) is an indicator that measures the amount of the BTC supply that investors last purchased or transferred at… Continue reading This Bitcoin Zone Could Be Market’s Next True ‘Pivot,’ Says Glassnode

Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin SeasonBitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season

The Bitcoin dominance has hit a new cycle high, providing a bearish outlook for altcoins and any potential altcoin season. Crypto analyst Finsends has commented on this development and how it could affect the altcoin season moving forward.  What’s Next As Bitcoin Dominance Hits New High? In an X post, Finsends stated that the Bitcoin… Continue reading Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin SeasonBitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season

Bitcoin Battles Key Support: Daily EMA-100 Must Hold to Prevent Deep Correction

Bitcoin briefly fell below the critical $100,000 level over the weekend, reaching a low of approximately $98,200 and triggering a wave of panic selling across crypto markets. The sharp drop came after news broke of US military strikes on Iranian nuclear facilities, a move that significantly escalated the already volatile conflict between Israel and Iran.… Continue reading Bitcoin Battles Key Support: Daily EMA-100 Must Hold to Prevent Deep Correction

Bitcoin Price Dives as War Escalation Sparks Market Sell-Off

Bitcoin price started a fresh decline below the $103,000 zone. BTC is now consolidating and might struggle to recover above the $103,500 resistance. Bitcoin started a fresh decline below the $103,000 zone. The price is trading below $102,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance… Continue reading Bitcoin Price Dives as War Escalation Sparks Market Sell-Off

Bitcoin Crashed Below $100,000 Amid US Airstrikes On Iran And Market Sell-Off

The market’s leading crypto, Bitcoin (BTC), dipped below the $100,000 mark for the first time in over a month on Sunday, following US airstrikes on Iran as conflicts in the middle east continue to escalate.  This decline, which saw the Bitcoin price drop approximately 4% to around $99,300, coincided with a broader market sell-off, with… Continue reading Bitcoin Crashed Below $100,000 Amid US Airstrikes On Iran And Market Sell-Off

Bitcoin Price Crash Far From Over As Support Sits Below $90,000 – Details

The Bitcoin price crash has been spurred on by looming war events as Iran and Israel continue to go head-to-head. Naturally, the financial markets have responded negatively to this news, and the crypto market has not been left out. Interestingly, the Bitcoin price had sat above the $100,000 psychological level for the longest. However, it… Continue reading Bitcoin Price Crash Far From Over As Support Sits Below $90,000 – Details

US Bitcoin ETFs Hit 9 Days Inflow Streak Despite Price Struggles

The spot Bitcoin ETFs (exchange-traded funds) have been in good form over the past few weeks, receiving renewed interest from investors in the United States. This recent spurt of momentum has been a rare bright spark in the crypto market, which has been overwhelmed with investor uncertainty lately. Interestingly, the typically straight line between the… Continue reading US Bitcoin ETFs Hit 9 Days Inflow Streak Despite Price Struggles

Bitcoin Price Slips Below $102,000 — Here’s The Next Support In Sight

The Bitcoin price had a tough start to the weekend, plummeting from its $106,000 high to just above $103,000 on Friday, June 20. The flagship cryptocurrency became somewhat stable above this price zone, hovering around the $104,000 mark for most of the past day. However, the Bitcoin price faced another wave of bearish pressure in… Continue reading Bitcoin Price Slips Below $102,000 — Here’s The Next Support In Sight