Bitcoin Bearish Signals Are ‘Hard To Ignore’: Analyst Warns Of Drop To April Lows
As Bitcoin (BTC) tries to hold the $90,000 barrier, some analysts affirm that the flagship crypto’s bear market signals are becoming clearer, suggesting that a breakdown to new lows could be around the corner. Bitcoin Bear Flag Raises Concerns On Friday, Bitcoin shredded its Thursday gains, dropping 3.2% intraday to retest the $89,500-$90,500 support zone…
Bitcoin Faces Immediate Key Levels At $76,000 And $99,000 — What Comes Next?
Bitcoin’s bearish momentum has since reached a cool-off state, as price maintains above the last swing low established late November. However, although there has been a steady uptrend, signs of a bullish reversal remain weak. Interestingly, a recent evaluation has been published, which delves into the factors that may affect Bitcoin’s next major move. Analyst…
Bitcoin Macro Retracement Meets Mid-Range Battle – Will Bulls Reclaim Momentum?
Bitcoin is facing a critical juncture as its macro retracement converges with a tight mid-range battle between $86,000 and $100,000. With bearish patterns confirmed and short-term support holding, the market now waits to see if bulls can reclaim momentum or if a deeper pullback is on the horizon. Bitcoin Confirms Macro Top: Bearish Phase Underway…
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…