Bitcoin SOPR Signals More Gains Ahead Despite New ATH – Analyst
In the past week, Bitcoin has grabbed the major headlines as prices surge to a new all-time high of $118,856 following a market gain of 9.77%. In remarkable fashion, the premier cryptocurrency added an estimated $10,000 to its market value increasing its market cap to a solid $2.34 trillion. Interestingly, recent on-chain data suggest there…
Bitcoin Price Break Above $118,000 Just The Start, Analyst Unveils ‘Golden Number’
Bitcoin previous all-time high from late May by breaking above $111,970. But according to Bitcoin technical analyst CryptoCon, this breakout may just be the beginning. In a recent post on the social media platform X, CryptoCon revealed a long-term cycle pattern that points to a more ambitious price target for Bitcoin. Analyst Unveils BTC’s Golden…
Market Expert Says It’s Now ‘Illegal’ To Short Bitcoin, Here’s Why
Bitcoin’s price action has shown intense strength in recent days to finally bounce fully from the weakness in late June. After briefly dipping into the low $108,000 range in the past 24 hours, Bitcoin managed to surge to a new all-time high of $112,022. According to data from Coinglass, this move was enough to cause…
Last Crash Before The Surge: Why Bitcoin Is Set To Drop Below $107,000
A new analysis shows that Bitcoin (BTC) may be on the verge of a calculated price crash that could take it below $107,000 before igniting the next bullish rally. The cryptocurrency market structure currently reflects a short-term bearish correction within a broader bullish trend, supporting the likelihood of a potential surge to new all-time highs…
Bitcoin Bull Flag Breakout Confirmed — What Happens Next?
Bitcoin has broken out of the orange bull flag on the 1-hour chart. After consolidating within a tight range, the breakout suggests that momentum is shifting back in favor of the bulls, and potentially setting the stage for a rapid push toward higher resistance levels. Pullback Or Launchpad? What Bitcoin’s Next Move Could Look Like…
Bitcoin Must Hold $106,000 And $98,000 To Avoid Breakdown
Bitcoin is currently after a volatile start to July. However, a closer look at on-chain data shows how fragile that position might be. Interestingly, two support levels, $106,738 and $98,566, are now the most important zones for bulls to defend. These levels represent clusters of addresses holding large amounts of Bitcoin, and losing them could…
Bitcoin’s True Value Is Higher Than $110,000, Expert Warns
Bitcoin’s climb past $110,000 this week has reignited a fresh round of bullish calls. Prices hit $110,150 on July 3 and traded a little past $108,000 level at last check, showing a small 0.41% dip in 24 hours but a 1.20% rise over seven days. This steady move higher has drawn voices from social media,…
Are Bitcoin Retail Traders Back In The Market? On-Chain Data Suggests So
Bitcoin started the month of July with a convincing rally to the upside, suggesting a sustained bullish sentiment amongst investors from its performance by the end of June. The upward rally, however, cooled off following the release of positive employment data by the United States. Traders might have expected this data to be typically bullish, but…
Bitcoin Meets Heartbreak In Drake’s Latest Track—Details
Grammy‑winning artist Drake has just put out a new track called What Did I Miss? that makes a clear link between his rocky love life and Bitcoin’s wild swings. According to reports, he raps, “I look at this shit like a BTC, could be down this week, then I’m up next week.” That line isn’t just…
Bitcoin Exchange Outflows Continue To Rise: Investor Confidence At An All-Time High?
The price of Bitcoin (BTC) has not been particularly impressive over the weekend, which has been a somewhat consistent theme of the cryptocurrency market so far in the year 2025. The premier cryptocurrency continues to hover around the $108,000 mark, showing signs of indecision amongst the investors. With the coin’s indecisive price action, the conversation…