Bitcoin Price Inches Toward All-Time High — Can Momentum Finish the Job?
Bitcoin price started a fresh increase and cleared the $105,500 zone. BTC is now consolidating and might aim for another increase toward $108,000 Bitcoin started a fresh upward move from the $102,500 zone. The price is trading above $103,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with…
Bitcoin Consolidates Below ATH – Buying Pressure Weakens As Equities Outperform
Bitcoin is facing growing risks of a pullback as bullish momentum begins to fade near key resistance. After weeks of impressive gains, BTC is now consolidating in a tight range just below its all-time high, with buyers struggling to push the price into price discovery. This ongoing indecision has raised concerns among traders and analysts,…
Bitcoin Options Market Signals Further Upside Potential For BTC Price: New ATH Soon?
Following the return above $100,000 in the previous week, Bitcoin has fought well to maintain its hold above the six-figure mark in recent days. While the flagship cryptocurrency retains its six-figure valuation, there’s still some momentum lacking in its price action, as spotlighted by last week’s performance. According to recent analysis, the sluggishness and apparent…
Is Bitcoin Bull Run Back? Daily RSI Shows Only Mild Bullish Momentum
The price of Bitcoin has been on quite the run since mid-April, finding its way from beneath the $85,000 mark to as high as $104,700 over the past month. The largest cryptocurrency market enjoyed a positive shift in investor sentiment and a fresh influx of capital, especially through the BTC exchange-traded funds (ETFs). Interestingly, the…
Golden Ratio Multiplier Called Bitcoin Top In 2021 – Here’s What It’s Saying Now
Bitcoin is still trading around the $103,000 mark, although the upward momentum it started in May has exhibited a slowdown in the past seven days. Although a short-term volatility is currently playing out, the long-term outlook is undoubtedly bullish. Some analysts are looking to long-term cycle indicators for direction. One such tool, the Golden Ratio…
Is Bitcoin Price Turning Bullish Or Bearish? Crypto Analyst Reveals Critical Levels To Watch
Bitcoin’s price action in the past 24 hours has seen it slowly retracing from the $104,000 zone it started the week at. This range has become particularly significant as Bitcoin continues to flirt with levels last seen during its recent push toward new all-time highs. Bitcoin’s price movements over the past two days have tightened,…
Bitcoin Price Looks Upward — Is the Next Leg Higher Starting?
Bitcoin price started a fresh increase and cleared the $103,500 zone. BTC is now consolidating and might aim to clear the $105,000 zone. Bitcoin started a fresh upward move from the $101,500 zone. The price is trading above $103,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend…
Bitcoin Bull Market: Pundit Reveals When To Sell Everything
The Bitcoin bull market looks to be back following BTC’s surge above $100,000. With market participants again accumulating following this recent rally, crypto pundit Ardizor has revealed when to sell everything to avoid roundtripping on gains made in this bull market. When To Sell Everything In This Bitcoin Bull Market In an X post, Ardizor…
Bitcoin Price Stuck in Range — Short-Term Bearish Pressure Mounts
Bitcoin price started a fresh increase and tested the $105,000 zone. BTC is now correcting gains with a short-term bearish angle below $103,500. Bitcoin started a correction from the $105,000 resistance zone. The price is trading below $103,800 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line…
Analyst Predicts Bitcoin Price Surge To $120,000 And Then A 50% Crash To $60,000, Here’s When
The Bitcoin price is once again at the center of attention as it continues its upward climb in what appears to be the final phase of the current bull cycle. Riding on the back of macroeconomic optimism and institutional interest, Bitcoin is showing renewed strength, with technical analysis forecasting a final pump to a new…