Bitcoin Enters Wyckoff Distribution — Time For Altcoins To Shine?
The Bitcoin market has been showing signs of increasing selling pressure, with its recent price action hinting at an even deeper distribution phase unfolding beneath the surface. Wyckoff Pattern Reveals Imminent Breakdown In an August 2 post on the social media platform X, crypto analyst Joao Wedson explained how the Bitcoin price may be at…
Bitcoin Analyst Builds BTC’s Bullish Case After Binance Volume Spike, Fed Liquidity Surge
The price of Bitcoin started the weekend—and the new month—in the worst possible way after falling below the $115,000 mark on Friday, August 1. This price decline seems to be worsening, as the premier cryptocurrency now sits beneath the $113,000 level following United States President Donald Trump’s recent nuclear threat. This recent movement has sparked…
Bitcoin Set To Hit $189K As Global Liquidity Tops $127T – Analysts
According to a report by digital asset firm CoinShares, Bitcoin could see a surge of more than 65% from today’s price if it wins just a small slice of major monetary pools. At its current level just above $113,500, that jump would take BTC up to about $189,000. It’s a simple idea with big implications.…
Slow And Steady: Bitcoin’s Current Rise Feels Different—Study
Bitcoin’s recent climb has been calm and measured, a sharp contrast to the explosive rallies of the past. It’s trading above its historical growth path, but far from overheating. Long-time holders remain mostly inactive, while the bulk of trading activity is coming from fresh faces in the market. Bitcoin Growth Remains On Track Based on…
Satoshimeter Shows Where Bitcoin Price Is In This Cycle
The Bitcoin price surge above $120,000 has reignited speculation about where the flagship cryptocurrency stands in the current cycle. While price action alone offers only part of the picture, on-chain data from the Satoshimeter indicator suggests that Bitcoin is still firmly in the mid-phase of its cycle, pointing to significant potential ahead in its long-term…
Bitcoin Long-Term Holders May Be Selling, But Is The Bull Run Really Over?
The Bitcoin price kicked off the weekend in the worst way possible, falling beneath the $115,000 level for the first time since early July. Considering the supposed significance of this price mark, there have been questions about how much headroom the price of Bitcoin still has. The latest on-chain data suggests that the Bitcoin bull…
Bitcoin Bull Market Is Over? Analyst Calls 50% Crash To $60,000
In a post shared on TradingView, crypto analyst Xanrox argues that the current bullish cycle is nearly over, pointing to a potential downtrend that would see the Bitcoin price crash to $60,000. This analysis comes as Bitcoin is trading within a very quiet phase, prompting many crypto traders and crypto analysts to start reassessing its…
Analyst Says Bitcoin’s Final Leg Is Near – Time To Be ‘Cautiously Optimistic’?
As Bitcoin (BTC) continues to trade within its local range, the cryptocurrency eyes a trend continuation, aiming to go on uncharted territory again. Despite the bullish setup, an analyst suggests that investors start to become more cautious as the weeks progress. Bitcoin Bull Flag To Determine Next Move Since the early July breakout, Bitcoin has…
Bitcoin’s Parabolic Glory Days May Be Over, Analyst Claims
Bitcoin has climbed 250% since BlackRock’s IBIT launch. But those massive green candles—spikes traders chase—could become a thing of the past. According to Bloomberg analyst Eric Balchunas, the era of sudden jolts up or down may be ending. He says that spot ETFs and big companies piling in will smooth out those drawdowns. Spot ETF…
Bitcoin Bulls Gain Traction From Ideal Long Zone: 2 Scenarios For The Week Ahead
The Bitcoin market recorded a minor 0.67% price gain in the last 24 hours, amid a brief return to the $118,000 price territory. This modest price increase forms part of a rebound observed over the previous 48 hours, following a significant 4% price correction earlier last week. Looking ahead to the new week, renowned market…