Bitcoin Price Holds Steady – Range-Bound Action Dominates Price Chart
Bitcoin price is still holding the $117,250 support zone. BTC is consolidating and might attempt to clear the $118,600 resistance zone to gain bullish momentum. Bitcoin started a downside correction from the $120,000 zone. The price is trading below $118,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with…
Bitcoin Buying Spree Ends On Coinbase: Temporary Pause Or Trend Shift?
Data shows the Bitcoin Coinbase Premium Gap recently broke its longest ever streak of positive values. Here’s what this could mean for the market. Bitcoin Coinbase Premium Gap Turned Negative Recently In a new Coinbase Premium Gap” refers to an indicator that keeps track of the difference between the BTC price listed on Coinbase (USD…
Analyst Says Bitcoin’s Final Leg Is Near – Time To Be ‘Cautiously Optimistic’?
As Bitcoin (BTC) continues to trade within its local range, the cryptocurrency eyes a trend continuation, aiming to go on uncharted territory again. Despite the bullish setup, an analyst suggests that investors start to become more cautious as the weeks progress. Bitcoin Bull Flag To Determine Next Move Since the early July breakout, Bitcoin has…
Strategy Leverages IPO Success to Acquire Over 21,000 Bitcoin
Strategy (MSTR) — recognized as the world’s largest Bitcoin (BTC) treasury company — has made headlines with the successful closing of its initial public offering (IPO) of 28,011,111 shares of variable rate series A perpetual stretch preferred stock. Priced at $90 per share, this offering stands out as the largest US IPO of 2025 and…
Bitcoin Rejected At $120,000: Binance Whale Inflows Suggest Possible Drop To $110,000
Yesterday, Bitcoin (BTC) once again faced rejection around the $120,000 resistance level after briefly reaching a high of $119,760. At the time of writing, the top cryptocurrency is trading slightly lower at $118,900. However, a sharp increase in whale inflows to Binance threatens to trigger further downside pressure for the digital asset. Binance Whales Ramp…
Bitcoin Remains Flat—And The SSR Ratio Might Explain Why
The Bitcoin Stablecoin Supply Ratio (SSR) points at thinning liquidity in the sector, potentially explaining the consolidation in the asset’s price. Bitcoin SSR Rose Alongside The Earlier Price Surge As pointed out by an analyst in a CryptoQuant Quicktake SSR” here refers to an indicator that measures the ratio between the market cap of Bitcoin…
Bitcoin Price Surges 28% as Metaplanet Adds $93M BTC — Analysts Eye $111K as Strategic Buy Zone
Bitcoin (BTC) surged 28% in July, reaching highs near $123,200, fueled by growing institutional adoption and strategic accumulation. Tokyo-listed Metaplanet led the charge, purchasing 780 BTC worth $93 million, bringing its total holdings to 17,132 BTC valued at $1.7 billion. The firm aims to acquire 1% of Bitcoin’s total supply, 210,000 BTC, by 2027, signaling…
Bitcoin Price Holds Support Zone – Can It Power the Next Leg Higher?
Bitcoin price is holding the $117,250 support zone. BTC is consolidating and must clear the $118,500 resistance zone to gain bullish momentum in the near term. Bitcoin started a downside correction below the $118,500 zone. The price is trading near $118,000 and the 100 hourly Simple moving average. There is a bearish trend line forming…
Bitcoin’s Parabolic Glory Days May Be Over, Analyst Claims
Bitcoin has climbed 250% since BlackRock’s IBIT launch. But those massive green candles—spikes traders chase—could become a thing of the past. According to Bloomberg analyst Eric Balchunas, the era of sudden jolts up or down may be ending. He says that spot ETFs and big companies piling in will smooth out those drawdowns. Spot ETF…
Bitcoin Bulls Gain Traction From Ideal Long Zone: 2 Scenarios For The Week Ahead
The Bitcoin market recorded a minor 0.67% price gain in the last 24 hours, amid a brief return to the $118,000 price territory. This modest price increase forms part of a rebound observed over the previous 48 hours, following a significant 4% price correction earlier last week. Looking ahead to the new week, renowned market…