Can Bitcoin Revisit $97,600? Glassnode Says Watch This
Bitcoin’s push to $97,600 last week drew a burst of bullish options activity, but Glassnode argues the derivatives tape looked more like short-dated positioning than broad-based conviction. In a Jan. 23 thread, the on-chain analytics firm pointed to a split between front-end call demand and longer-dated risk pricing that stayed anchored in downside protection. “Let’s…
Bitcoin Price Following The 2022 Fractal? Here Was The Previous Outcome
Technical analysis shared by crypto analyst CryptoBullet on X highlighted a familiar price action that suggests that Bitcoin’s current structure may be closely tracking a 2022 price fractal. Bitcoin’s price action in recent days has changed into a more fragile posture, with the cryptocurrency falling back below the psychological $90,000 level after failing to sustain…
Bitcoin Price Stability Sparks Recovery Hopes, But Hurdles Loom
Bitcoin price started a consolidation phase below $90,500. BTC is consolidating losses and might attempt a recovery wave if it clears $91,500. Bitcoin started a minor recovery wave from the $87,200 level. The price is trading below $90,500 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line…
Is Bitcoin Selling Off On Quantum Fears? A Reality Check
Bitcoin’s Tuesday slide to $87,895 has revived a familiar market habit: attaching a single, clean narrative to messy positioning, flows, and reflexive price action. This time, the culprit making the rounds is quantum computing, a potentially “existential threat” that’s supposedly explaining Bitcoin’s underperformance versus gold which has printed a new all-time high at $4,888. The…
Bitcoin Price Defends Support As Traders Question Next Upside Push
Bitcoin price started a fresh decline below $89,500. BTC is consolidating losses and might attempt a recovery wave if it clears $92,000. Bitcoin started another drop below $90,000 and $89,000. The price is trading below $90,500 and the 100 hourly Simple moving average. There are two bearish trend lines forming with resistance at $90,300 and…
Bitcoin Whale Panic Fades: Sell Pressure On Binance Falls Off A Cliff
Bitcoin’s exchange-side supply signal is flashing a notable change: whale-sized transfers into Binance have dropped sharply from late-November panic levels, suggesting large holders are no longer leaning on the sell button with the same urgency. Selling Pressure From Bitcoin Whales Fade CryptoQuant contributor Darkfost said current data shows a “clear decline in whale transactions,” specifically…
Bitcoin Bear Market Depths: A Closer Look At How Low BTC Could Go
On Tuesday, Bitcoin (BTC) dipped below the significant $90,000 mark once again, raising concerns about the possibility of entering a new bear market and casting doubt on the cryptocurrency’s prospects. Market analyst Raun Neuner published a new analysis of the situation in a post on X (formerly Twitter). Is $37,000 On The Horizon? Neuner highlighted…
Bitcoin Price Loses $90K, Traders Brace for a Volatile Next Move
Bitcoin price started a fresh decline below $90,000. BTC is consolidating losses and remains at risk of more losses if it dips below $88,000. Bitcoin started a sharp decline below $92,000 and $90,000. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance…
Bitcoin Under Pressure After $90,600 Drop, But This Retest Will Decide The Trend
Bitcoin has come under renewed pressure after sliding toward the $90,600 region, putting short-term sentiment back on edge. While the move has shaken weak hands, price is now approaching a critical retest zone that could determine whether this dip is merely a shakeout or the start of a deeper correction. How BTC reacts here will…
Bitcoin Price Action Turns Unsteady, Downside Threat Grow
Bitcoin price started a fresh decline below $94,000. BTC is consolidating losses and remains at risk of more losses if it dips below $91,500. Bitcoin started a sharp decline below $94,000 and $93,000. The price is trading below $93,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance…