Tag Archives: BTCUSDT

Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support

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The world’s largest cryptocurrency, Bitcoin (BTC), has struggled to maintain a foothold above the critical $60,000 price level in recent trading sessions, as the digital asset finds itself caught in a tug-of-war between bullish and bearish forces. After recovering from a dip below $49,000 earlier this month, Bitcoin has been vacillating around the $60,000 mark,… Continue reading Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support→

Bitcoin Maintains Market Dominance With $42 Million In Inflows

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Digital asset investment funds witnessed another week of inflows last week, albeit at a small amount, to extend the run of inflows to two consecutive weeks. Notably, investment funds attracted a net inflow of $30 million last week. One of the key highlights of the week was Bitcoin’s strong performance in attracting investor interest. After… Continue reading Bitcoin Maintains Market Dominance With $42 Million In Inflows→

Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens

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A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency could see its price surging as high as $100,000, representing a 200% increase from its current value. However, the analyst noted that this bullish projection would occur only when certain conditions are met.  Bitcoin Could Rise To $100,000 In an X (formerly Twitter)… Continue reading Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens→

Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC

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Bitcoin (BTC) is currently in red regarding price performance, dragging the rest of the crypto market along with it. Amid the continuous bearish price action, the latest data has revealed that Bitcoin short-term holders now face losses compared to their initial purchase prices. Onchain data expert James Check highlighted this in a recent post on… Continue reading Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC→

Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator

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In a video update on YouTube, crypto analyst Rekt Capital delved into the dynamics of Bitcoin’s price movements through the lens of the PI Cycle Top Indicator, a predictive tool that has garnered attention for its historical accuracy in pinpointing the peaks of Bitcoin bull runs. Here’s How High Bitcoin Price Could Go This Cycle… Continue reading Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator→

Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move

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As the Bitcoin price consolidates below the $60,000 threshold, the market has been characterized by a mix of indicators and technical levels, leading to a divided forecast and heightened uncertainty. Mixed Signals Cloud Bitcoin Price Trajectory According to Bitcoin maximalist Mark Cullen, the current Bitcoin price action presents a complex technical picture. He suggests that… Continue reading Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move→

Bitcoin Price Trims Gains: Is The Recovery Losing Steam?

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Bitcoin price started a fresh decline from the $60,000 resistance zone. BTC is now moving lower and might test the $57,650 support zone. Bitcoin started a fresh decline from the $60,000 resistance zone. The price is trading below $58,800 and the 100 hourly Simple moving average. There was a break below a key bullish trend… Continue reading Bitcoin Price Trims Gains: Is The Recovery Losing Steam?→

Bitcoin Spot-Perpetual Gap Points To Continued Selling Pressure – Analyst

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The month of August has been largely uneventful for Bitcoin so far, with the premier cryptocurrency having struggled to reclaim the $65,000 price mark since August 2. Currently, Bitcoin is slightly below $60,000 as the bulls and bears seek to grab control in what has been a range-bound market for the past week. Interestingly, CryptoQuant… Continue reading Bitcoin Spot-Perpetual Gap Points To Continued Selling Pressure – Analyst→

Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows

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The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s Move According to a recent Coinbase report, the slightly softer-than-expected July CPI print of 2.9% year-over-year – the lowest level in… Continue reading Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows→

Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals

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Following a tumultuous start to the month, the cryptocurrency market has yet to shake off the early August blues. The story has not been very much different for the price of Bitcoin, which struggled to make an impact in the past week. With BTC’s price almost 20% adrift of its all-time high of $73.737, there… Continue reading Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals→