Bitcoin Structure Weakens Below $72,000 Despite Tight Range
Bitcoin continues to trade within a tight range, but beneath the surface, structural weakness is becoming increasingly evident. With price holding below the key $72,000 level, now acting as resistance, the broader technical outlook remains fragile, and any short-term consolidation may simply be masking underlying downside risk. Bitcoin Enters Clear Corrective Phase Bitcoin has entered…
Bitcoin To Top $500,000 By 2029? Entrepreneur Makes Bold Call
Bitcoin sits on edge again, trading below the critical $68,000 level after a volatile stretch that erased around 28% from its price in about a month. Prices are swinging hard, and that swing has pushed smart-money talk and wild bets into the same room. Experts Offer Starkly Different Paths According to some investors, a deep…
Bitcoin Enters A New Volatility Regime Not Seen Since Last Year, History Repeating?
After an extended period of relative stability, Bitcoin has entered a renewed phase of volatility, with price swings accelerating to levels not seen in nearly a year. The sudden shift signals a potential turning point in market dynamics, as tightening liquidity conditions, changing investor sentiment, and increased trading activity drive sharper movements across the crypto…
Bitcoin Historical Data Offers Clues On Potential Market Reversal – Details
Pseudonymous market analyst CoinNiel has shared potential insights on Bitcoin’s future using inferences from a combination of market cycle signals. The premier cryptocurrency presently trades around $69,000 after successfully retesting the $70,000 resistance for the third time in February. Bitcoin appears to be undergoing consolidation following the aggressive sell-off seen in late January/early February, where prices…
Bitcoin Sees Largest Shorts Liquidation Event Since 2024 — What Happened?
As the Bitcoin price tumbled in the past few weeks, several investors are increasingly building short positions against the premier cryptocurrency. A recent analysis predicted an impending short squeeze, as the funding rates plunged to new lows. According to the latest on-chain data, this short squeeze not only happened; it occurred at a rate not…
Bitcoin Price To Bottom At $45K? On-Chain Indicator Says Yes
The Bitcoin price remains in a fragile phase in its broader market structure, alternating between recovery attempts and lingering macro uncertainty. Structurally, the market is in a transitional state, as it leaves euphoric expansion but is not yet fully in capitulation. Ultimately, current price action reflects a tug of war between long-term conviction holders and…
Bitcoin Funding Rate Falls To Critical Level — Short Squeeze Incoming?
After a dour performance throughout the week, the price of Bitcoin experienced a fair amount of bullish impetus on Friday, February 13th. Going into the weekend, the premier cryptocurrency seemed on its way to reclaim the psychologically relevant $70,000 level. Interestingly, recent on-chain data shows that this latest bullish spurt might be the start of,…
Bitcoin SuperTrend Signal That Preceded Last 60% Correction Resurfaces
Over the past week, the Bitcoin price kept on putting in consecutive lows, with barely any hopes in sight for a bullish reversal. However, on Friday, February 13th, the flagship cryptocurrency saw an upward momentum boost, where its value subsequently grew by 5.4%. While this may have been good for short-term traders (specifically scalpers), a…
Bitcoin Eyes Untapped Liquidity: $64,000 Support Could Be Next Target
Bitcoin is hovering near key liquidity zones after a week of downward momentum, and traders are now eyeing untapped areas around $64,000. With price action showing potential short-term swings and H1 support under close watch, the next move could hinge on whether Bitcoin tests this low or reclaims higher levels first. Weekend Range Sets The…
Bitcoin On-Chain Data Indicates High Volatility Ahead Following Post-CPI Reaction
Bitcoin has experienced another turbulent week marked by sustained downward pressure, reinforcing the broader bearish sentiment that has dominated the market in recent months. Despite late market relief on Friday, the leading cryptocurrency has struggled to reclaim key resistance levels and presently hovers around the $69,000 price region. Meanwhile, analysts continue to rely on on-chain data…