Bitcoin Dominance At Risk Of Crash To 40%, Why This Is Good For Ethereum, XRP, And Altcoins
The Bitcoin dominance in the cryptocurrency market is inching dangerously close to a long-term resistance level that has triggered major reversals in the past. This resistance level is highlighted on the weekly BTC.D candlestick timeframe chart. Each time the dominance taps this descending trendline, it struggles to break through and eventually tumbles. Notably, Bitcoin’s dominance…
Crypto Gurus Predict Bitcoin Boom ‘In Days’—But Expert Urges Caution
A swirl of bullish proclamations is ricocheting across X as macro‑minded influencers argue that a fresh expansion in “Global M2” money supply will trigger a near‑instant rally in Bitcoin—yet a veteran market analyst is warning that the data underpinning those calls is little more than a mirage. The latest wave of optimism was set in motion…
Bitcoin Enters Oversold Levels, Analyst Warns This Is Bearish, Not Bullish
Crypto analyst Quinten recently revealed that Bitcoin has entered oversold levels. However, analyst Dr. Cat has warned that, contrary to public opinion, this development is bearish, not bullish, for the flagship crypto. In an X post, Dr. Cat stated that Bitcoin entering oversold levels is “super-bearish” and overbought levels are “super-bullish.” He explained that for…
Bitcoin Price To Break $125,000 But Sell Everything In October, Analyst Warns
Bitcoin’s price action in recent weeks has been mostly highlighted by a trading range between $80,000 and $85,000, with a struggle to reclaim buying pressure. Despite the current lack of a strong bullish momentum, many crypto analysts are banking on a bullish continuation and a new Bitcoin price all-time high before the end of 2025.…
Bitcoin Price Gears Up for Next Leg Higher—Upside Potential Builds
Bitcoin price is slowly moving higher above the $83,500 zone. BTC must clear the $85,200 resistance zone to continue higher in the near term. Bitcoin found support at $83,200 and started a recovery wave. The price is trading above $84,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish…
Bitcoin Price Range-Bound—But a Move Higher May Be Brewing?
Bitcoin price started a fresh decline below the $85,500 zone. BTC is now consolidating and might attempt to clear the $85,200 resistance zone. Bitcoin started a fresh decline below the $85,500 zone. The price is trading below $85,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance…
Bitcoin Faces Pressure As Report Flags Chinese Sell-Off Plans
A new report by Reuters suggests that China may be looking to liquidate large stashes of confiscated Bitcoin, potentially exerting downward pressure on BTC’s price. Sources cited by Reuters indicate that local Chinese governments have been engaging private companies to convert seized Bitcoin into cash, in an effort to bolster public finances under strain from…
Bitcoin Price Fails To Launch With $751 Million In Outflows, Are Institutions Cashing Out?
The Bitcoin price continues to face headwinds, as the latest report on Digital Asset Fund Flows shows a staggering $751 million in outflows from the digital asset. The sheer volume of this withdrawal raises alarm bells about whether institutions may be cashing out from the flagship cryptocurrency. Bitcoin Price Faces Pressure Amid Massive Outflows CoinShares’…
Bitcoin Price on The Brink? Signs Point to Renewed Decline
Bitcoin price started a fresh decline from the $86,500 zone. BTC is now consolidating and might continue to decline below the $83,200 support. Bitcoin started a fresh decline from the $86,500 zone. The price is trading below $85,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line…
‘Bitcoin Wants To Go Higher,’ Says Bitwise CIO—But There’s A Catch
In an investor note dated April 15, 2025, Matt Hougan, the Chief Investment Officer (CIO) of Bitwise, shared an examination of Bitcoin’s recent trading patterns that may surprise both critics and supporters. “Bitcoin is acting like an asset that wants to go higher, if only macro obstacles would get out of the way,” he wrote.…