Tag Archives: BTCUSDT

Bitcoin Price Rebounds, But Could the Downtrend Return?

Posted on by — No Comments ↓

Bitcoin price remained supported near the $52,500 zone. BTC is recovering losses and facing hurdles near the $55,200 and $55,500 levels. Bitcoin is struggling to recover above the $55,500 zone. The price is trading below $55,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $55,200… Continue reading Bitcoin Price Rebounds, But Could the Downtrend Return?→

Traders Move $4.7 Billion To Stablecoins Amid Crypto Market Uncertainty – Details

Posted on by — No Comments ↓

The crypto market is experiencing a notable shift in liquidity as investors acquire massive amounts of stablecoins due to market uncertainties in the last few months. CryptoQuant analyst with username Percival has provided more insights into this trend of capital rotation. Open Interest In Crypto Market Shrinks As Stablecoins See Liquidity Influx Following a rather… Continue reading Traders Move $4.7 Billion To Stablecoins Amid Crypto Market Uncertainty – Details→

Bitcoin Flashes On-Chain Signal That Triggered A 175% Rally The Last Time

Posted on by — No Comments ↓

A crypto analyst has revealed that the price of Bitcoin might be gearing for a fresh rally after the appearance of a bullish on-chain signal. Bitcoin UTXOs In Profit At Lowest Level Since 2023 — Here’s Why In a QuickTake post on the CryptoQuant platform, an analyst with the pseudonym EgyHash shared an interesting on-chain… Continue reading Bitcoin Flashes On-Chain Signal That Triggered A 175% Rally The Last Time→

Bitcoin Investors Quiver As Accumulation Trend Nears Zero

Posted on by — No Comments ↓

September has started with significant losses for the Bitcoin market after a price decline of 9.16% occurred in the last week based on data from CoinMarketCap. During this period, the price of the largest cryptocurrency has dipped below $53,000 reaching a price low last seen in early August. Interestingly, despite Bitcoin’s low prices, investors are… Continue reading Bitcoin Investors Quiver As Accumulation Trend Nears Zero→

Bitcoin Fear & Greed Index Falls To Extreme Fear, Is The Bottom Close?

Posted on by — No Comments ↓

The recent Bitcoin and crypto market crash has seen prices plunge into the red across the board. As a result, sentiment among crypto investors has plunged rapidly and this has caused the Fear & Greed Index to plunge into the Extreme Fear territory. This suggests that investors are less likely to put money into the… Continue reading Bitcoin Fear & Greed Index Falls To Extreme Fear, Is The Bottom Close?→

Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000

Posted on by — No Comments ↓

On Friday, the cryptocurrency market’s Fear and Greed Index plummeted to “extreme fear,” reflecting growing anxiety among investors as the Bitcoin price dipped to a weekly low of $53,700.  This downturn marks a continuation of a broader sell-off that has plagued the market, particularly since Bitcoin struggled to maintain momentum above the critical $60,000 threshold.… Continue reading Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000→

Bitcoin 200-Day Average Signals Waning Bullish Momentum, Here’s What It Means For BTC Price

Posted on by — No Comments ↓

A key long-term price indicator for Bitcoin, the 200-day simple moving average (SMA) appears to be losing its bullish momentum as the US economy added fewer jobs in August 2024. Bitcoin Must Overcome The 200-Day SMA To Reverse Trend The 200-day SMA is considered one of the more reliable long-term indicators to gauge an asset’s… Continue reading Bitcoin 200-Day Average Signals Waning Bullish Momentum, Here’s What It Means For BTC Price→

Crypto Analyst Says It’s September 2016 For Bitcoin Again, What This Means

Posted on by — No Comments ↓

Crypto analyst CryptoCon stated in his recent market analysis that the Bitcoin current price action is reminiscent of December 2016. He further explained what he meant and provided insights into what to expect from the flagship crypto going forward.   “It Is September 2016 All Over Again For Bitcoin” CryptoCon mentioned in an X (formerly Twitter)… Continue reading Crypto Analyst Says It’s September 2016 For Bitcoin Again, What This Means→

Trump’s Vision: America To Reign As Crypto And Bitcoin Epicenter, Latest Statement Reveals

Posted on by — No Comments ↓

As the November elections draw near, former President Donald Trump is ramping up his support for Bitcoin and the broader cryptocurrency industry, positioning digital assets as a central theme in his campaign for the White House.  America As The Bitcoin Capital During a recent address at the Economic Club of New York, Trump articulated his… Continue reading Trump’s Vision: America To Reign As Crypto And Bitcoin Epicenter, Latest Statement Reveals→

Bitcoin Price Struggles: Can Bulls Step In to Save the Week?

Posted on by — No Comments ↓

Bitcoin price declined and retested the $55,600 support zone. BTC is now struggling and might face hurdles near the $57,000 resistance level. Bitcoin is struggling to recover above the $57,750 zone. The price is trading below $57,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at… Continue reading Bitcoin Price Struggles: Can Bulls Step In to Save the Week?→