Bitcoin Sharp Rebound Above $95K: Stop Hunting or Trend Reversal?
Bitcoin (BTC) witnessed a sharp decline below $90,000 yesterday, sparking concerns about its near-term stability. However, the cryptocurrency has since rebounded, trading back above $96,000 at the time of writing. This rapid recovery has drawn the attention of market analysts who are examining the Bitcoin’s price movements. Is Bitcoin’s Surge Above $96k A Stop Hunt?…
Bitcoin Primed For A Major Rebound Following ‘Final Capitulation,’ Analyst Predicts
After surging past $90,000 for the first time on November 12, 2024, Bitcoin (BTC) has been trading within a broad range between $91,000 and $108,000. However, some analysts remain optimistic that BTC is poised to break out of this range to the upside following what they describe as a ‘final capitulation.’ Bitcoin Consolidation Nearing Its…
Ethereum’s Potential To Outshine Bitcoin: 7 Predictions For The 2025 Crypto Landscape
In a recent social media post, market expert VirtualBacon shared seven key predictions that could shape the cryptocurrency landscape in 2025. Central to these predictions is the assertion that Ethereum (ETH) may outshine Bitcoin (BTC) in terms of performance, even as Bitcoin continues to hold a dominant position in the market. Expert Predicts A New…
Analyst Says Bitcoin Fun Will Begin When This Flip Happens
An analyst has explained how a crossover between these two Bitcoin metrics would have to happen before the ‘fun’ can begin for the asset. Bitcoin Realized Price Is Yet To Flip 200-Week MA In a new Realized Price” here refers to an on-chain indicator that, in short, keeps track of the cost basis or acquisition…
Bitcoin Short-Term Holders Now Capitulating: Bottom Here?
On-chain data shows the Bitcoin short-term holders have started selling at a loss. Here’s what this could mean for the cryptocurrency’s price. Bitcoin Short-Term Holder SOPR Has Just Dipped Under 1 As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, the Bitcoin Spent Output Profit Ratio (SOPR) of the…
Bitcoin’s $90K Level Under Review: Here’s What Analyst Suggests
Bitcoin (BTC) has continued to exhibit bearish sentiment, currently trading below $91,000. This decline has sparked debates about its future trajectory, with analysts closely examining major market metrics to understand where BTC’s price action could likely be headed next. Among these, CryptoQuant contributor Percival’s detailed insights shed light on Bitcoin’s current state, offering an in-depth…
Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is Possible
Crypto analyst Master Kenobi has identified a bullish pattern for the Bitcoin price, which is similar to one that was observed in the previous bull cycle. Based on this pattern, the analyst explained why the Bitcoin price could rally to as high as $169,000 in this cycle. Bitcoin Price Could Rally To $169,000 As Fractal…
Bitcoin Faces Major Deleveraging – Analyst Explains Price Crash Below $100K
Bitcoin experienced significant selling pressure after successfully breaking above the $100K mark, a psychological milestone that had investors buzzing with optimism. However, the celebration was short-lived as BTC failed to hold this critical level, dropping as low as $92,500 in less than three days. This sharp downturn has reignited concerns about the market’s stability and…
Bitcoin Not Reached ‘Extreme Euphoria’ Phase Yet, Glassnode Reveals
The on-chain analytics firm Glassnode has revealed the level Bitcoin would have to rise to if it has to reach the historical top zone in this pricing model. Bitcoin Hasn’t Surpassed Last MVRV Pricing Band Yet In a new post on X, Glassnode has talked about the extreme euphoria threshold of the Bitcoin Market Value…
Bitcoin Price Crash Not The End Of The Road As Analyst Shares Roadmap To $200,000
Despite the recent Bitcoin price crash, crypto analyst TradingShot has suggested that this is not the end of the road for the flagship crypto. This came as he revealed why BTC could still rally to as high as $200,000 in this market cycle. Bitcoin Price Set To Rally To $200,000 Despite Recent Crash In a…