Bitcoin Whales Accumulate as Short-Term Holders Capitulate—What This Mean for BTC
Bitcoin has continued to show weakness in price movement, with limited upside momentum over the past several weeks. The cryptocurrency has declined by 22.3% in the last month alone, bringing its price down to $83,191 at the time of writing. The drop reflects ongoing uncertainty in the broader crypto market, as investors are struggling with…
Bitcoin Price Battles Key Hurdles—Is a Breakout Still Possible?
Bitcoin price started another decline below the $83,500 zone. BTC is now consolidating and might struggle to recover above the $83,850 zone. Bitcoin started a fresh decline below the $83,200 support zone. The price is trading below $83,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
Ethereum Price Faces a Tough Test—Can It Clear the Hurdle?
Ethereum price started another decline and traded below the $1,850 level. ETH is now consolidating and facing key hurdles near the $1,850 level. Ethereum struggled to continue higher above the $1,980 resistance level. The price is trading below $1,860 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line…
Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio
Michael Saylor’s firm, Strategy (previously known as MicroStrategy), announced a new Bitcoin (BTC) buy on Monday, March 31st of a significant $1.9 billion in BTC. This comes despite the market’s leading cryptocurrency’s recent challenges, having plummeted 25% from its all-time high in January of this year. Interestingly, this latest acquisition marks the largest in terms…
XRP Bulls Fight Back—Is a Major Move Coming?
XRP price started a fresh decline below the $2.080 zone. The price is now recovering some losses and might face hurdles near the $2.150 level. XRP price started a fresh decline after it failed to clear the $2.20 resistance zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There is…
Bitcoin Breaks Falling Wedge – Is $110,000 The Next Stop?
A popular market analyst with X username Satoshi Flipper has predicted that Bitcoin could experience a full market rebound after breaking out from a falling wedge pattern. The premier cryptocurrency rose to above $88,000 in this past trading week before experiencing a sudden crash on Friday driven by macroeconomic pressures. Bitcoin’s Falling Wedge Breakout Sparks…
Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details
By their lofty standards, the US Bitcoin spot ETFs produced a moderately positive performance last week, attracting about $200 million in netflows. This development comes amid an impressive market comeback over the past two weeks following the heavy withdrawals seen in early March. Bitcoin Spot ETFs: 10 Straight Days Of Positive Netflows According to data…
Ethereum MVRV Ratio Nears 160-Day MA Crossover – Accumulation Trend Ahead?
Ethereum is once again under heavy selling pressure after losing the critical $2,000 level — a psychological and technical zone that bulls have struggled to defend in recent weeks. With price action turning increasingly bearish, investor sentiment is weakening, and analysts are warning that a deeper correction may be on the horizon. As Ethereum slides…
XRP On The Edge: Will Support Hold Or Unleash A Breakdown?
XRP has been on a consistent downward trend since the beginning of the just concluded week. A steady flow of consecutive bearish candles on the daily timeframe has pulled the price lower each day, eventually guiding it toward an important support at the time of writing. As of now, XRP is pressing against the lower…
Ethereum Analyst Eyes $1,200-$1,300 Level As Potential Acquisition Zone – Details
Ethereum is facing mounting pressure after weeks of relentless selling and underwhelming price action. Since January, bulls have failed to regain control, and ETH has continued to bleed value in a market increasingly dominated by fear and uncertainty. With no clear signs of a reversal, the coming weeks could bring more pain for investors holding…