Bitcoin Rejected At Descending Resistance Again – Is $78,600 Still In Play?
Bitcoin is facing a crucial test as it struggles to break above key resistance levels while holding just above critical support. The market remains stuck in a tight range, reflecting growing indecisiveness among traders and investors. Uncertainty has become the new normal, with macro conditions and political developments continuing to cloud sentiment. US President Donald…
Bitcoin Fear & Greed Index Approaches Neutral As BTC Recovers To $85,000
Data shows the Bitcoin market sentiment has closed in on the neutral territory as the cryptocurrency’s price has recovered to $85,000. Bitcoin Fear & Greed Index Is Now Close To Neutral Region The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among the investors…
Bitcoin’s Fate Hinges on This Critical ‘Dead Cross’ Signal — What’s Next for BTC?
Bitcoin has seen a notable price consolidation over the past few weeks, trading between the $84,000 and $86,000 levels. Despite the initial surge in price, the cryptocurrency has faced a decline of 3.7% in the past week and nearly 10% in the past month, signaling a period of stagnation in its upward momentum. At the…
Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge
Bitcoin’s price correction over the past week has caused some indicators pointing to possible further declines. However, according to one analyst, the current phase could represent the last opportunity to buy before the next major rally. Popular crypto analyst Captain Faibik, posting on social media platform X, believes that Bitcoin is ready for a bullish…
Bitcoin Stays Down, But Whale Wallets Quietly Climb to 4-Month High
On-chain data shows the Bitcoin whales have seen their population grow recently, despite the bearish action that the price has been facing. Bitcoin Whales Have Seen Notable Growth In Past Five Weeks According to data from the on-chain analytics firm Santiment, whale-sized Bitcoin wallets have recently climbed to their highest point since December of last…
Shifting Sentiment? Short-Term Bitcoin Holders Stay Put Despite Losses
According to a recent CryptoQuant Quicktake post, short-term Bitcoin (BTC) holders are choosing to retain their digital assets despite incurring unrealized losses. CryptoQuant contributor Onchained explained that short-term BTC holders have recorded significantly lower realized losses compared to their unrealized losses. Short-Term Bitcoin Holders Expecting A Price Rally? The first quarter of 2025 has been…
Goldman Sachs Flags 35% Recession Risk — What This Means For Crypto
Crypto markets edged lower Monday following a stark warning from Goldman Sachs, which raised its 12-month US recession probability to 35%, citing rising tariffs, weakening growth, and deteriorating sentiment. The reassessment follows the firm’s second upward revision in March to its 2025 US tariff expectations, signaling an increasingly fraught macroeconomic environment with direct implications for…
Coinbase Stocks Slide Over 30% This Quarter, Matching Post-FTX Collapse Lows
Shares of Coinbase (COIN), the largest crypto exchange in the US, have faced significant declines during the first quarter (Q1) of the year, primarily due to escalating concerns about the US economy and its impact on digital assets. Coinbase And Others Face Increased Volatility According to Bloomberg, Coinbase’s stock has dropped more than 30% since…
Warning Signs Emerge: Analysts Say Bitcoin’s Recent Rise May Have Been a Mirage
After showing signs of recovery last week, Bitcoin appears to have lost its upward momentum once again. The cryptocurrency was closing in on the $90,000 psychological level but has since reversed direction, falling by 6.4% over the past week to hover around $82,000 at the time of writing. This decline has placed renewed attention on…
Bitcoin Whales Accumulate as Short-Term Holders Capitulate—What This Mean for BTC
Bitcoin has continued to show weakness in price movement, with limited upside momentum over the past several weeks. The cryptocurrency has declined by 22.3% in the last month alone, bringing its price down to $83,191 at the time of writing. The drop reflects ongoing uncertainty in the broader crypto market, as investors are struggling with…