Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000

Brewing tensions between Israel and Iran have triggered global de-risking across risk-on assets, including Bitcoin (BTC). The top cryptocurrency by market cap is down 1.7% over the past 24 hours. That said, technical indicators still point toward a potential new all-time high (ATH) for BTC in the coming months. Bitcoin Tracing The ABCD Pattern According… Continue reading Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000

Bitcoin To See ‘Choppy’ Next Few Weeks, Will BTC Retest The Range Lows?

After hitting a one-week low on Thursday, Bitcoin (BTC) is attempting to reclaim the key $104,000-$105,000 area as support, but some analysts have warned that a visit to its range’s lows could be in BTC’s short-term future if volatility continues. Bitcoin to Continue Choppy Performance On Thursday afternoon, Bitcoin dropped 5.5% to the $102,000 support… Continue reading Bitcoin To See ‘Choppy’ Next Few Weeks, Will BTC Retest The Range Lows?

Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake

Bitcoin’s recent price action has shown signs of fading momentum three weeks after reaching a new all-time high of $111,814. The leading cryptocurrency climbed back above $110,000 on Monday off the back of cooling U.S. inflation data and a temporarily weaker dollar.  However, the rally was short-lived. Profit-taking, compounded by geopolitical tensions between Israel and… Continue reading Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake

Bitcoin Funding Rate Flips Again And History Says A Rally Is Around The Corner

Bitcoin’s price has declined slightly following recent gains, falling 2.3% over the past 24 hours to trade at approximately $107,205. This latest movement places the asset 4.1% below its all-time high of over $111,000 recorded last month. Despite the short-term dip, some analysts see familiar signs in derivatives data that could point to the next… Continue reading Bitcoin Funding Rate Flips Again And History Says A Rally Is Around The Corner

Bitcoin Price’s Brutal Sell-Off Has One More Stop, Says Analyst — Here’s Where

The Bitcoin price continues to decelerate as the crypto market shows signs of weakness due to macroeconomic factors. The top crypto by market capitalization has been testing critical support levels and is at risk of falling deeper into its monthly lows. At the time of writing, the Bitcoin price trades around $104,000 recording a 2.5%… Continue reading Bitcoin Price’s Brutal Sell-Off Has One More Stop, Says Analyst — Here’s Where

Bitcoin Bears Back In Control After $110,000 Rejection, What Comes Next?

The Bitcoin price has suffered a violent rejection after hitting the $110,000 level, showing a clear intention of the bears to keep the digital asset from hitting new all-time highs. So far, the rejections from $110,000 have been swift and have put the bears back in control. This has given credence to calls that the… Continue reading Bitcoin Bears Back In Control After $110,000 Rejection, What Comes Next?

Bitcoin Nears All-Time High as Whale Behavior Suggests Further Upside

Bitcoin continues to show signs of recovery as its price rebounds from a brief correction last week. At the time of writing, the crypto is trading at $109,693, reflecting a 0.4% increase over the past 24 hours. Despite this upward movement, the current price remains roughly 2% below its all-time high of over $111,000, recorded… Continue reading Bitcoin Nears All-Time High as Whale Behavior Suggests Further Upside

Bitcoin Options Traders Expect Quiet—But On-Chain Data Suggests Chaos

The Bitcoin Options traders have been pricing in low implied volatility, but on-chain data shows a setup ripe for amplified price swings. Bitcoin Options ATM IV Has Been Trending Lower In its latest weekly report, the analytics firm volatility risk associated with Bitcoin looks from the perspective of on-chain analysis. The indicator shared by Glassnode… Continue reading Bitcoin Options Traders Expect Quiet—But On-Chain Data Suggests Chaos

Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000

Bitcoin has faced a lot of resistance above $110,000, suggesting the bears are trying to keep the digital asset from reclaiming its all-time high levels. This has been obvious with multiple rejections above $110,000 over the last few days, while the bulls have held support above $108,000. This trend plays into an analysis published by… Continue reading Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000

Bitcoin Price Hits Local High? Top Analyst Shares Key Levels

The Bitcoin price is slipping into a critical area following a decline in the previous buying pressure. Many traders and investors in the crypto market wonder if the top crypto will recover as confidence in a new Bull Market barely show signs of a recovery. Top Bitcoin Pundit: Watch Out For This Level According to… Continue reading Bitcoin Price Hits Local High? Top Analyst Shares Key Levels