Tag Archives: BTCUSDT

Bitcoin in Decline: Price Turns Red as Market Eyes Fed Decision

Posted on by — No Comments ↓

Bitcoin price extended losses below $67,500 support zone. BTC tested the $66,000 support zone and is now attempting a recovery wave. Bitcoin started another decline below the $68,500 support zone. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $68,650… Continue reading Bitcoin in Decline: Price Turns Red as Market Eyes Fed Decision→

NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs

Posted on by — No Comments ↓

In a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal.  According to a Bloomberg report, Google searches for NFTs have… Continue reading NFT Prices Tumble As Crypto Investors Place Big Bets On Bitcoin And Ethereum ETFs→

Bitcoin Turns Weakness Into Strength: Analyst Identifies Major Liquidity Zone At $73,000

Posted on by — No Comments ↓

Crypto analyst Dippy has laid a bullish narrative for the Bitcoin’s recent drop below $68,000.   Bitcoin Could Experience A Massive Pump Above $73,000 Dippy suggested in an X (formerly Twitter) post that Bitcoin could enjoy a price pump once it reaches the liquidity zone around $73,000. He noted that many short traders have their stop… Continue reading Bitcoin Turns Weakness Into Strength: Analyst Identifies Major Liquidity Zone At $73,000→

Is Now The Time To Buy Bitcoin? Latest Chart Analysis Says Yes – Here’s Why

Posted on by — No Comments ↓

Bitcoin has recently been spotlighted due to an intriguing buy signal identified on its hourly chart. This indication emerges amidst a notable fluctuation in Bitcoin’s price, setting the stage for potential short-term gains. Renowned crypto analyst Ali has highlighted a significant development on the hourly chart of Bitcoin, specifically noting a ‘buy signal’ detected by… Continue reading Is Now The Time To Buy Bitcoin? Latest Chart Analysis Says Yes – Here’s Why→

Is Bitcoin Crashing Because Of Miner Capitulation And Speculative BTC Bets?

Posted on by — No Comments ↓

Bitcoin is dumping when writing, cooling off from May highs of nearly $72,000. Down roughly 10% from all-time highs, there could be more losses on the way, at least looking at the candlestick arrangement in the daily chart. Now, Willy Woo, a Bitcoin on-chain analyst, thinks the drop is primarily because of the ongoing “miner… Continue reading Is Bitcoin Crashing Because Of Miner Capitulation And Speculative BTC Bets?→

Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch

Posted on by — No Comments ↓

The new week has been quite bearish for bitcoin, with the price witnessing major crashes below multiple support levels. After losing its footing above $71,000, it has plunged further below $67,000, signaling the start of a downtrend. Amid the uncertainty, a crypto analyst has presented the important levels to watch as Bitcoin makes it descent,… Continue reading Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch→

Bitcoin Set for Further Decline As Bearish Sentiment Intensifies

Posted on by — No Comments ↓

Bitcoin (BTC), the leading cryptocurrency by market capitalization, appears to be heading for further declines as market sentiment turns increasingly bearish. Recent analysis shows that BTC is struggling to maintain key support levels, and the overall mood among traders and investors is shifting towards caution. Several factors such as macroeconomic pressures, regulatory concerns, and technical… Continue reading Bitcoin Set for Further Decline As Bearish Sentiment Intensifies→

Bitcoin Price Falters: Another Downturn In Crypto Prices

Posted on by — No Comments ↓

Bitcoin price failed to stay above the $68,500 support zone. BTC extended losses and now showing bearish signs below the $68,800 level. Bitcoin started another decline from the $70,150 resistance zone. The price is trading below $68,800 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at… Continue reading Bitcoin Price Falters: Another Downturn In Crypto Prices→

Hedge Funds Heavily Betting For Bitcoin To Fall: Will This Strategy Fail?

Posted on by — No Comments ↓

Looking at the formation in the daily chart, there is no relief for Bitcoin at spot rates. Following the flash crash on June 6, prices reversed sharply from the $72,000 level, further highlighting the significance of the liquidation level. In the past, Bitcoin prices have recoiled from this level, with analysts expecting a short squeeze… Continue reading Hedge Funds Heavily Betting For Bitcoin To Fall: Will This Strategy Fail?→

Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery

Posted on by — No Comments ↓

The Bitcoin on-chain metrics continue to show bullish signs that a parabolic breakout is imminent for the flagship crypto. The latest of these metrics is a significant turnaround in Bitcoin’s network activity, which could further provide bullish momentum for the crypto token.  Bitcoin Sees Surge In Network Activity  Crypto analyst Ali Martinez revealed in an… Continue reading Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery→