Binance Taker Buy/Sell Ratio Falls Below 1.0 as Bitcoin Sees Renewed Selling

Bitcoin (BTC) has experienced a noticeable retracement after recently achieving a record high above $111,000 last month. Currently priced at $104,115, the cryptocurrency has declined approximately 5.2% in the past 7 days, marking roughly a 7% drop from its peak price. This sudden decrease has sparked considerable attention among market participants, who closely observe potential… Continue reading Binance Taker Buy/Sell Ratio Falls Below 1.0 as Bitcoin Sees Renewed Selling

Bitcoin Price Eyes New Gains — Is the Next Leg Higher Starting?

Bitcoin price started a fresh decline and tested the $103,200 zone. BTC is now consolidating and might aim for a recovery wave above $106,000. Bitcoin started a fresh decline below the $106,500 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with… Continue reading Bitcoin Price Eyes New Gains — Is the Next Leg Higher Starting?

Bitcoin Price Risks Break Down To $92,000 As It Enters Accumulation Phase

The Bitcoin price has turned bearish after hitting a new all-time high above $111,000 back in May. This turn in the tide was expected as the rally put Bitcoin holders in massive profit, showing a risk of profit-taking that could tank the price. So far, the price is already down by 6% % from its… Continue reading Bitcoin Price Risks Break Down To $92,000 As It Enters Accumulation Phase

Bitcoin Tipped For $340,000 Target If This Support Level Holds – Details

A prominent crypto analyst with X username PlanD has backed Bitcoin to maintain its uptrend despite some significant price retracement in the past week. Notably, PlanD states the premier cryptocurrency remains on course for a $340,000 price point but only if a specific support zone remains valid.  Bitcoin Bullish Momentum Hinges On $91,000 – $100,000… Continue reading Bitcoin Tipped For $340,000 Target If This Support Level Holds – Details

$202 Million In Long Liquidations Rock Bitcoin Market — What’s Next For BTC Price?

Over the weekend, Bitcoin’s price extended its disappointing performance, falling to around $103,000 in the early hours of Saturday, May 31st. While the premier cryptocurrency seems to have recovered fine in the past day, its price is still more than 6% away from the recently achieved all-time high of $111,814. Interestingly, the latest on-chain data… Continue reading $202 Million In Long Liquidations Rock Bitcoin Market — What’s Next For BTC Price?

Is Bitcoin Price Doomed For $93K? Technical Indicators Paint A Bearish Image

The Bitcoin price has not quite been able to maintain the bullish momentum that saw it climb to a new all-time high last week. Instead, the premier cryptocurrency has succumbed to bearish pressure over the past few days, falling about 7% from its record-high price. Unfortunately, the Bitcoin price seems to be at the start… Continue reading Is Bitcoin Price Doomed For $93K? Technical Indicators Paint A Bearish Image

Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming?

The price of Bitcoin has dropped by nearly 4% over the last seven days, indicating the waning bullish momentum in the largest cryptocurrency market. This recent sluggishness has called into question the strength of the latest bull rally that saw the market leader climb to a new all-time high last week. According to an investment… Continue reading Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming?

Crypto Bulls See $644M Bloodbath As Bitcoin Dips Below $105,000

Data shows a large number of long liquidations have occurred in the cryptocurrency market as Bitcoin and other assets have plunged. Crypto Liquidations Have Surpassed $712 Million Over The Past Day According to data from CoinGlass, chaos has occurred on the derivatives market following the volatility Bitcoin and the company have gone through during the last… Continue reading Crypto Bulls See $644M Bloodbath As Bitcoin Dips Below $105,000

Bitcoin Upward Momentum ‘Highly Likely’ To Continue, On-Chain Data Shows

Although Bitcoin (BTC) appears to have stalled in the mid-$100,000 range, on-chain data indicates that the top cryptocurrency’s bullish momentum is far from over. BTC recently hit a new all-time high (ATH) of $111,980, prompting several crypto analysts to forecast even higher prices in the near term. Bitcoin Rally Far From Over, Data Suggests According… Continue reading Bitcoin Upward Momentum ‘Highly Likely’ To Continue, On-Chain Data Shows

Bitcoin’s Price Sees Drop as Altcoin Traders Face Increased Pressure

Bitcoin’s recent upward trajectory has encountered resistance after reaching a record-breaking peak of over $111,000 last week. Following this new all-time high, Bitcoin has retraced approximately 4% in the past seven days, bringing its current trading price down to $105,485. This represents a daily decline of 1.8%, reflecting cautious market sentiment and potential profit-taking among… Continue reading Bitcoin’s Price Sees Drop as Altcoin Traders Face Increased Pressure