Bitcoin Treads Water At $90,000 — Market Braces For FOMC To End The Compression Phase
Bitcoin is currently holding steady, trading water around the critical $90,000 level as the market enters a period of high compression. With ETF inflows slowing down, the price lacks the momentum to break through overhead resistance. The highly anticipated FOMC meeting is expected to provide the necessary catalyst to end the current consolidation and dictate…
Bitcoin Alert: Saylor Signals New Purchase As His Favorite Indicator Returns
Michael Saylor’s hint about a fresh Bitcoin purchase has renewed talk among traders and investors, even as on-chain stress signals point to a tougher stretch for the network. The mix of heavy buying by public firms and signs of miner strain is drawing attention from both bulls and bears. Saylor’s Tracker Signals According to a…
Banking Meets Bitcoin: French Banking Giant Offers Crypto To Millions
Based on reports, France’s second-largest banking group has started letting customers trade crypto in its mobile apps. BPCE opened the service on Monday for selected users of Banque Populaire and Caisse d’Épargne. Around 2 million people in four regional banks can now buy and sell Bitcoin, Ethereum, Solana and USDC through the apps. Measured Limited…
Bitcoin Losses Surge To 3x Profits — Could Relief Be Near?
The Bitcoin market appears to be riddled with an increasing amount of sell-side pressure, as its recent price action reveals bears’ dominance. Interestingly, another on-chain evaluation suggests that the current market movement may be a direct effect of rising panic-induced sales. $1.7B Realized Losses Vs $605M Realized Gains In a Quicktake post on the CryptoQuant…
Bitcoin Market Profitability Hits ‘Complete Reset’ — What’s Next For Price?
Following a fresh wave of bearish pressure on Friday, December 5, the price of Bitcoin has struggled beneath the psychological 90,000 level for much of the weekend. However, the latest on-chain data suggests that the premier cryptocurrency might be readying for its next healthy upward move. BTC SOPR Drops To Lowest Level Since Early 2024…
Bitcoin Market Records 21% Crash In November Trading Volume – What This Means For Price
Bitcoin’s (BTC) ongoing price correction has been accompanied by several other negative developments that continue to grab investors’ attention. Most recently, market analyst Darkfost has observed a significant crash in Bitcoin spot trading volume, while highlighting potential long-term implications of such an event. Binance Records $40B Loss In BTC Monthly Spot Trading The spot trading…
Bitcoin Settles In Consolidation Zone – Levels To Watch
Bitcoin (BTC) trades just below $90,000 after a fluctuating week of price action resulted in a net loss of 1.8%. Despite initial hopes of a resurgence in late November, the premier cryptocurrency is now 29.16% away from its all-time high. Going by the price action, popular analyst with the X username PlanD postulates BTC is…
Massive Bitcoin Awakening: 2 Physical Coins Unlock $179 Million After 13 Years
Two long-dormant Casascius coins, each loaded with 1,000 Bitcoin, were activated on Friday, unlocking more than $179 million that had sat untouched for over 13 years. According to onchain data, one of the coins was minted in October 2012 when Bitcoin traded at $11.69. The other dates back to December 2011, when BTC was worth…
Analyst Points To $82,000 As Most Crucial Bitcoin Price Level — Here’s Why
In a not-so-surprising turn of events, the bearish orientation of the Bitcoin price has continued into the month of December, suggesting that the premier cryptocurrency could end the year in the red. Interestingly, recent on-chain data has offered insights into the likely direction of Bitcoin based on the integrity of an important price level. Active…
Bitcoin Structure Tightens: One Break Above This Zone Could Ignite A Run To $107,000
Bitcoin finds itself at a critical crossroads, hovering between two major price zones that could define its next big move. Buyers and sellers are locked in a tight battle, and the market now waits for a decisive break. A push above key resistance could open the door to $107,000, while weakness at support risks a…