Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?
Bitcoin (BTC) continues to trade below the psychological $90,000 level, with its price standing at $82,346. This marks a 24.3% drop from its all-time high above $109,000 recorded in January. Despite this downward trend, new on-chain data suggests that a surge of high-net-worth investors, or “new whales,” has been accumulating BTC aggressively, which could have…
Bitcoin Bulls Poised For Action As Market Flashes Bullish Divergence—Details
Market watchers have taken notice of Bitcoin’s recent price swings after a notable surge in transactions from affluent individuals. Market observers think that this might lead to a brief price spike, even while larger economic worries still throw a shadow over the cryptocurrency scene. Crucial price levels that can signal the next big rise in…
Bitcoin Resets With 14% Deleveraging—Here’s What Past Events Led To
Data shows the Bitcoin futures market has seen a massive deleveraging event recently. Here’s what this reset could mean for BTC, based on past trends. Bitcoin Open Interest Has Gone Through A Crash Recently As pointed out by an analyst in a CryptoQuant Quicktake Open Interest” refers to an indicator that keeps track of the…
Bitcoin To $10,000? Top Analyst Issues A Stark Warning
An analyst revealed on Friday that Bitcoin might suffer a 91% decline from the coin’s all-time high of $109,000 per coin in January 2025, suggesting that the most popular cryptocurrency could potentially crash. Mike McGlone believes that the firstborn crypto might plummet to a low of $10,000 per coin, reigniting concerns that Bitcoin might experience…
Bitcoin And S&P Decline Together, But Data Predicts A Turnaround
Bitcoin is not the only one that has suffered. Investors are becoming concerned as the flagship cryptocurrency has followed the recent decline in the S&P 500. But if past performance is any indication, Bitcoin might be experiencing a resurgence. United States President Donald Trump assumed office in November for a second term, but since then,…
Bitcoin Lost And Retested The 200-Day MA As Resistance – Here’s What Happened Last Time
Bitcoin is trading below crucial support levels after massive selling pressure swept through the market. Since late January, BTC has lost over 29% of its value, fueling fear and uncertainty among investors. With global trade war fears intensifying and volatile macroeconomic conditions shaking the crypto and U.S. stock markets, traders are bracing for further downside risk.…
Bitcoin Shows Signs of Recovery—Is the Whale Sell-Off Finally Over?
Bitcoin has continued its downward trajectory when observed over weekly and monthly timeframes, recording an 8.4% decline in the past week and a 16.2% drop over the past month. However, in the shorter time frame, signs of potential reversal are emerging. Over the past 24 hours, Bitcoin has seen a slight recovery, with its price…
$931 Million Bitcoin On The Move: Mt. Gox Sparks Market Jitters
Mt. Gox, the Bitcoin exchange that is now insolvent, has transferred 11,833.6 BTC, totaling approximately $931 million, to new addresses, in a significant development within the cryptocurrency community. The prospective impact of this action on the broader crypto market has sparked discussions. Bitcoin Movement: Details Of The Transfer According to blockchain research by Arkham Intelligence…
Bitcoin Drops Below 200-Day MA – Next Key Support Lies At $66K According To Mayer Multiple
Bitcoin (BTC) is under severe selling pressure, having lost the $85,000 level just a few days ago. This breakdown has pushed the market to its lowest levels since November 2024, increasing fear and uncertainty among investors. The entire crypto market has been struggling, weighed down by negative macroeconomic conditions and an overall shift in risk-off…
Bitcoin Slips Under 200-Day Moving Average – Will The Downtrend Continue?
Bitcoin (BTC) has dropped 11.3% over the past week, currently trading in the low $80,000 range at the time of writing. The recent decline has pushed the leading cryptocurrency below the 200-day moving average (MA), raising concerns about a potential deeper pullback. Bitcoin Must Defend This Key Price Level According to an X post by…