Bitcoin Rejection Was No Accident — Now The Battle Shifts To $93,000–$97,000 Survival Zone
recovery or if deeper losses are on the horizon. Micro-Resistance Zone Holds Firm, Forcing Another BTC Low More Crypto Online, in a recent update bearish pressure. According to the update, Bitcoin has now reached the next major support zone, an area the analyst has repeatedly emphasized: the 50% retracement of the larger support box near…
Dormant Bitcoin Giant Stirs, Unloads 12,000 BTC In Surprise Move
A large, dormant Bitcoin wallet moved a massive amount of coins to an exchange on Thursday, rattling traders and reigniting debate about where big holders stand. According to on-chain data, a Satoshi-era wallet that had not moved funds for 13 years transferred roughly 12,000 BTC — about $1.4 billion at current prices — in a…
Reclaim Or Retreat? Bitcoin Is Struggling At This Make-Or-Break Zone
Bitcoin is currently locked in a decisive struggle at a make-or-break resistance zone. After a strong attempt to push higher, BTC was rejected and has retreated to a pivotal support area. The next few sessions are crucial: bulls must quickly reclaim the critical overhead resistance, or risk triggering a wider market retreat back toward lower…
Bitcoin Correction Nears Peak Point — Is A Rebound Underway?
The Bitcoin market has suffered through a disappointing performance over the past few weeks, leading to a price retest of the $100,000 support zone. However, an exciting on-chain evaluation predicts a positive price action in the near future. Bitcoin Price Below Average Cost — Details On November 8, popular market analyst Burak Kesmeci shared on…
Bitcoin Sharpe Signal Slips Into Negative Territory — More Pain For BTC?
The price of Bitcoin has struggled so far in the month of November, briefly falling below the psychological $100,000 level twice already. Although the flagship cryptocurrency appears to be in a state of calm this weekend, a recent on-chain evaluation shows the possibility of more price corrections in the short term. Bitcoin Risk-Adjusted Returns See…
Big Bitcoin Holders Are Selling, But Few Buyers Are Stepping In As Demand Weakens
Bitcoin’s price has struggled to maintain stability above $102,000 in recent days, and data shows this is due to an apparent imbalance between selling pressure and fresh demand. On-chain data from CryptoQuant reveals that while long-term holders have been actively taking profits, the market is showing limited capacity to absorb their sell-offs. This is a…
Bitcoin UTXO Age Bands Put Local Bottom At $95K — Here’s Why
After a disappointing performance during the week, the price of Bitcoin has continued its sluggish action over the weekend. According to data from CoinGecko, the premier cryptocurrency has been hovering around the $102,000 level over the past 24 hours. While this current choppy price action seems like an improvement from the severe downturn witnessed in…
Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details
In the last week, Bitcoin’s correction took another drastic turn as prices retested the psychological $100,000 price zone, triggering heavy waves of liquidation. Although the premier cryptocurrency witnessed some rebound after, the current market price remains 19.02% away from the all-time high at $126,198. In the hope of a sustained recovery, a popular analyst with…
Bitcoin Dominance Signals The Crypto Bull Run Remains Active – Analyst
The crypto market has endured a turbulent period in recent weeks, as the total market cap has crashed by over 18% in the last month, with Bitcoin leading the decline. Amid this heavy correction, data on Bitcoin Dominance counters circulating narratives of the market top being in. Bearish Bitcoin Dominance, Bullish Market Outlook Popular market…
Is The Bitcoin Price Bottom In? Latest On-Chain Data Suggests So
As the Bitcoin market continues to experience a flurry of sales, which started in mid-October, recent on-chain data paints a somewhat optimistic picture of the cryptocurrency’s future. The question is — is the Bitcoin bottom in? Is A BTC Price Reversal Imminent? In a recent Quicktake post on the CryptoQuant platform, pseudonymous crypto pundit Sunny…