Bitcoin To $40,000? Signal Behind Past 60% Crashes Is Back

A cryptocurrency analyst has pointed out how a technical analysis (TA) signal that led into major price declines in the past has returned for Bitcoin. Monthly MACD Has Turned Bearish For Bitcoin In a new Moving Average Convergence/Divergence (MACD) for Bitcoin. MACD is a TA indicator that’s generally used for timing buys and sells in… Continue reading Bitcoin To $40,000? Signal Behind Past 60% Crashes Is Back

Analyst Who Predicted Bitcoin Price Action With Chinese Astrology Shares When Prices Will Surge

Crypto analyst Crypto Waterman, who predicted the Bitcoin price action with Chinese Astrology, has revealed when the flagship crypto will surge alongside altcoins. This comes as BTC looks to rebound from its recent crash to as low as $81,000.  Analyst Reveals When The Bitcoin Price Will Surge  In an X post, Crypto Waterman predicted that… Continue reading Analyst Who Predicted Bitcoin Price Action With Chinese Astrology Shares When Prices Will Surge

Bitcoin Price Tries Rebound Move as Dip-Buyers Step In Cautiously

Bitcoin price started another decline below $88,000. BTC is now attempting to recover and might face hurdles near the $89,500 zone. Bitcoin started a fresh decline below $90,000 and $88,000. The price is trading below $89,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $89,500 on… Continue reading Bitcoin Price Tries Rebound Move as Dip-Buyers Step In Cautiously

Bitcoin Rapid Downturn Triggered By Excessive Long Positions — Expert Weighs In

According to the latest on-chain data, investors have been excessively betting on the Bitcoin price in recent weeks, leading to its overall struggles. Longs Vs Shorts Imbalance — How This Induced Price Crash In a November 22 post on social media platform X, Alphractal CEO and founder Joao Wedson revealed the underlying dynamics behind Bitcoin’s… Continue reading Bitcoin Rapid Downturn Triggered By Excessive Long Positions — Expert Weighs In

Bitcoin Local Bottom To Fall Between These Two Levels – Analyst

The Bitcoin market remains in a prolonged correction phase, registering a 10.4% price drop in the last seven days.  As multiple analysts attempt to chart the asset’s price trajectory amid this volatile period, recent on-chain data have revealed potential local bottom targets. $55,900 Or $44,700 – How Low Can Bitcoin Go? In an X post… Continue reading Bitcoin Local Bottom To Fall Between These Two Levels – Analyst

Bitcoin Exchange Inflow Hits $2 Billion As Profit-Taking Phase Lingers

After days of intense bearish action, the price of Bitcoin appears to be entering a calmer state, as it recovers above the $86,000 level. The latest on-chain data shows that several investors tried to take some profit in the past week, providing a basis for the premier cryptocurrency registering a double-digit loss.  Bitcoin Exchange Inflow… Continue reading Bitcoin Exchange Inflow Hits $2 Billion As Profit-Taking Phase Lingers

Bitcoin Hits Major Inflection Point As Rising Wedge Breaks

weakness and heightened volatility. With technical pressure colliding with a historically significant threshold, the market now faces a decisive moment. Rising Wedge Break Sends Bitcoin Lower Into Key Support Zone Crypto analyst The Boss, in a recent market. According to the analyst, this area could trigger a potential upward reaction, as buyers often step in… Continue reading Bitcoin Hits Major Inflection Point As Rising Wedge Breaks

Risks To Crypto Market Ahead Of Key MSCI Ruling: Will It Spark A New Bitcoin Sell-Off?

In what could soon be recognized as the worst-performing week since November 2022, the market’s leading crypto, Bitcoin (BTC), experienced a significant downturn on Friday, plummeting to an eight-month low of $80,000. Market analysts suggest that this downturn began in earnest on October 10, when the market first exhibited signs of a downward trajectory. That… Continue reading Risks To Crypto Market Ahead Of Key MSCI Ruling: Will It Spark A New Bitcoin Sell-Off?

USDC Floods Exchanges: Are Traders Buying The Bitcoin Crash?

On-chain data shows a large amount of USDC inflows have just hit exchanges, a potential sign that investors are looking to buy the Bitcoin dip. USDC Exchange Inflow Has Registered Multiple Spikes Recently As explained by CryptoQuant community analyst Maartunn in a new Exchange Inflow” here refers to an indicator that keeps track of the… Continue reading USDC Floods Exchanges: Are Traders Buying The Bitcoin Crash?

Crypto Funds Face Third Consecutive Weekly Losses, Totaling $3 Billion In Outflows

Recent commentary from the Kobeissi Letter has underscored a troubling trend in the capital markets: crypto-focused funds have encountered substantial outflows, with a notable $2 billion exiting last week alone.  This marks the most significant withdrawal since February and extends a concerning streak, bringing total outflows to $3.2 billion over the last three weeks. Bitcoin… Continue reading Crypto Funds Face Third Consecutive Weekly Losses, Totaling $3 Billion In Outflows