Bitcoin To Top Above $168,500 Based On This Indicator, Analyst Reveals

An analyst has explained how Bitcoin could see a top beyond the $168,500 mark based on the historical trend in this indicator. Bitcoin Mayer Multiple Could Reveal Location Of Next Price Top In a new Mayer Multiple” refers to an indicator that keeps track of the ratio between the Bitcoin price and its 200-day moving… Continue reading Bitcoin To Top Above $168,500 Based On This Indicator, Analyst Reveals

Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase

Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm’s largest Bitcoin acquisition to date. Metaplanet Increases BTC Holdings To 1,762 The recent crypto market downturn from its all-time highs… Continue reading Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase

Bitcoin Price Under Pressure: Could The Slide Continue?

Bitcoin price extended losses and traded below the $100,000 zone. BTC is showing bearish signs and might continue to move down toward the $91,200 support zone. Bitcoin started a fresh decline from the $100,000 resistance zone. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a key bearish trend… Continue reading Bitcoin Price Under Pressure: Could The Slide Continue?

Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?

Bitcoin has had a whirlwind few days, hitting an all-time high (ATH) last Tuesday before tumbling into a sharp 15% correction. This period of heightened volatility has left investors divided, with some expecting a continued uptrend while others brace for more downside. The market is closely watching Bitcoin’s ability to reclaim its bullish momentum. Top… Continue reading Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?

Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You

As of December 21, 2024, the Bitcoin price is trading at around $98,600, reflecting a 3.4% increase from its previous close. This rise is part of a broader trend marked by substantial price fluctuations in the past seven days, which saw Bitcoin breaking below close support levels. Particularly, Bitcoin’s price movement in the past few… Continue reading Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You

Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?

Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $1.9 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000. This flash dump, occurring over just three days, has left many investors and analysts questioning whether this marks the end of the current bull market or signals a… Continue reading Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?

Bitcoin Price Could Rally To $178,000 If History Repeats — Here’s Why

The price of Bitcoin fell to around $92,000, Friday afternoon, December 20 after the US Federal Reserve’s rate cut triggered a sharp selloff in the crypto market. However, the premier cryptocurrency seems to be recovering nicely, having returned above the $97,000 level on the same day. While investors would be hoping to see the Bitcoin… Continue reading Bitcoin Price Could Rally To $178,000 If History Repeats — Here’s Why

Bitcoin Demand On The Rise Again — What’s Happening?

This week was one of two distinct halves for the price of Bitcoin, with the premier cryptocurrency rising to a new all-time high and dropping by about 13% a few days later. On Friday, December 20, the BTC price dropped to as low as $92,000. This abrupt Bitcoin price decline came following the US Federal… Continue reading Bitcoin Demand On The Rise Again — What’s Happening?

Bitcoin Will Test ATH Once It Breaks This Strong Supply Zone – Details

Bitcoin is currently trading at $97,600, following a sharp dip from its all-time high and a modest recovery from the critical $92,000 support level. This recent price movement highlights the market’s ongoing volatility as investors grapple with shifting sentiment and technical levels. Despite the rebound, Bitcoin now faces a significant challenge in sustaining its upward… Continue reading Bitcoin Will Test ATH Once It Breaks This Strong Supply Zone – Details

Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn?

Bitcoin has faced its first major correction since early November, dropping 13% from its all-time high of $108,364. This sudden pullback has sent shockwaves across the crypto market, shifting sentiment from extreme bullishness to uncertainty and even fear. The sell-off has been particularly brutal for altcoins, many of which are bleeding hard as Bitcoin struggles… Continue reading Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn?