Tag Archives: BTCUSDT

Bitcoin Sellers Running Out Of Coins As Dominance Hits 3-Year High

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Bitcoin’s dominance. Bitcoin Seller Exhaustion Is At Its Peak In an X (formerly Twitter) post, Rekt Capital mentioned that “the sell-side volume has reached and even dramatically eclipsed Seller Exhaustion levels seen at previous price reversals to the upside.” The analyst added that Bitcoin hasn’t seen this level of sell-side volume since the Halving event… Continue reading Bitcoin Sellers Running Out Of Coins As Dominance Hits 3-Year High→

Analyst Warns Bitcoin (BTC) Price Could Drop Another 20%

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Bitcoin (BTC) saw a 20% price drop over the weekend, briefly losing the $50,000 support level. The rest of the market followed the flagship cryptocurrency, crashing around 23% in the last three days. Since then, the crypto market has momentarily reclaimed some key levels, but analysts fear the bleeding isn’t over yet. Is The Bitcoin… Continue reading Analyst Warns Bitcoin (BTC) Price Could Drop Another 20%→

VanEck CEO Compares Bitcoin Adoption To Gold, Reveals Why Price Will Touch $350,000

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Bitcoin (BTC), the world’s largest cryptocurrency. According to the popular CEO, Bitcoin is set to witness an exponential surge to $350,000, driven by an adoption rate on par with gold. Bitcoin Set To Hit Ambitious $350,000 Target In an exclusive issuers of Spot Bitcoin ETFs, Van Eck is keenly aware of the volatility in the… Continue reading VanEck CEO Compares Bitcoin Adoption To Gold, Reveals Why Price Will Touch $350,000→

Bitcoin Drops Hard: Time To Fade The Trend And Buy BTC?

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Bitcoin is under immense selling pressure at spot rates, crashing below critical multi-month support at around the $53,500 to $56,000 zone. As bears take over, there are concerns that the coin could, after all, slip even lower, plunging towards the $50,000 and even $40,000 level in a bear trend continuation formation. Bitcoin Sellers Testing Resolve… Continue reading Bitcoin Drops Hard: Time To Fade The Trend And Buy BTC?→

Bitcoin Price Bounce Back: Could the Recovery Lose Momentum?

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Bitcoin price started a recovery wave after it crashed below $50,000. BTC is back above $55,000 and faces many hurdles near the $58,000 zone. Bitcoin started a recovery wave above the $52,500 and $55,000 levels. The price is trading below $58,000 and the 100 hourly Simple moving average. There was a break above a connecting… Continue reading Bitcoin Price Bounce Back: Could the Recovery Lose Momentum?→

Bitcoin Price Analysis: What Lies On The Horizon After Crashing Below $50,000

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The cryptocurrency market has been rocked by a massive sell-off, with the Bitcoin price plunging 26% from its July highs above $70,000. This dramatic decline comes amid a broader crash in global financial markets, reflecting growing economic uncertainty and investor risk aversion. Crypto Winter Returns?  The crypto sphere was not spared from this turbulence, as… Continue reading Bitcoin Price Analysis: What Lies On The Horizon After Crashing Below $50,000→

Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO

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A popular Bitcoin analyst has suggested a key breakout point for Bitcoin amidst a bearish market price action. While Bitcoin’s price has been experiencing a downward trend, dynamics and movements over the past few months have established several significant price levels. These levels might offer traders valuable insights into Bitcoin’s potential future actions. The $65,000… Continue reading Bitcoin Crash: Analyst Says A Break Above This Level Will Trigger FOMO→

Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000?

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The Relative Strength Index (RSI) is an important indicator for any cryptocurrency, and Bitcoin is no different. Given that the pioneer cryptocurrency has been around the longest, the abundance of data makes it possible to use this indicator in an attempt to pinpoint where the price might be headed next. This time around, the indicator… Continue reading Bitcoin RSI Goes Bearish For The First Time Since August 2023, Will It Crash Below $40,000?→

Bitcoin Price Plunge Deepens: What Could Prevent a Recovery?

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Bitcoin price declined further below the $55,000 support zone. BTC is down over 15% and might even slide toward the $50,000 zone. Bitcoin gained bearish momentum below the $56,500 and $55,000 support levels. The price is trading below $55,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with… Continue reading Bitcoin Price Plunge Deepens: What Could Prevent a Recovery?→

Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst

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The price of Bitcoin has maintained a consistent decline over the past week following several economic and market developments. According to data from CoinMarketCap, the premier cryptocurrency currently hovers around the $60,000 price zone, having lost over 11.17% of its market value in the last seven days. As many crypto enthusiasts may hope Bitcoin finds… Continue reading Bitcoin Loses Crucial Support, Poised For Return To $54,000 – Analyst→