Warning Signals: Bitcoin 365-Day Moving Average At Risk of Collapse
The cryptocurrency market is currently facing significant bearish pressure, with Bitcoin (BTC) struggling to reclaim previously crucial support levels. Recent data from CoinGecko indicates that Bitcoin has retraced nearly 6% over the past week, a decline that has impacted other major cryptocurrencies, including Ethereum (ETH), XRP, Binance Coin (BNB), and Solana (SOL), all of which…
XRP On Fire: Over 21,000 New Wallets Appear In 48 Hours
According to on-chain data, the XRP Ledger recorded a sharp influx of new addresses over a two-day span this week. Santiment reported 21,595 new wallets created in 48 hours — the biggest jump in eight months. The move came as XRP dropped to $2.06 before rallying back to about $2.33, a roughly 13% gain from…
Bitcoin Loses Strength, Fresh Decline Could Push Below Key Support
Bitcoin price is struggling below $104,200. BTC could continue to move down if it stays below the $103,500 resistance. Bitcoin started a fresh decline below the $103,500 support. The price is trading below $103,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $102,400 on the…
Senator Lummis Declares Bitcoin The Key To Solving The US Debt Crisis — Here’s Why
In a bold escalation of the crypto-policy debate, Senator Cynthia Lummis has publicly asserted that Bitcoin is the only solution capable of addressing the mounting national debt burden facing the United States. Her comments come amid rising tensions over monetary policy, inflation, and the role of digital assets in reshaping finance. How Bitcoin Could Reshape…
Bitcoin At Increased Risk Of Falling To $88,500 Support, Glassnode Warns
On-chain analytics firm Glassnode has revealed how Bitcoin could be at risk of a further drawdown after trading at a significant discount to a key cost basis level. Bitcoin Could Retest Active Realized Price Next In its latest weekly report, short-term holder (STH) Realized Price. The “Realized Price” here refers to an on-chain metric that…
Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk
Bitcoin price is struggling below $105,000. BTC could continue to move down if it stays below the $104,200 resistance. Bitcoin started a fresh decline below the $104,000 support. The price is trading below $104,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $103,000 on…
Everyone’s Giving Up On Bitcoin? Crypto Exec Says That’s Exactly Why It Will Rise
The crypto market looks beaten down again, but one veteran investor says that may be the exact signal to stay calm. Bitwise Chief Investment Officer Matt Hougan believes Bitcoin’s deep sell-off — now dragging prices below $102,000 for the first time since the last five months — is more about panic than fundamentals. Retail Sentiment…
Bitcoin Bears Press On — Is $102,000 Flush The Final Washout Before A Rally?
Bitcoin’s price continues to face mounting pressure as it hovers near key support levels. With sellers pushing toward the $102,000 zone, BTC is now at a moment that may mark the final washout before a major rebound. The coming days could be decisive in determining whether Bitcoin finds its footing or continues its decline. Bitcoin…
Bitcoin Slides Back to $100K — Is the Parabolic Run Finally Cracking?
Bitcoin price is gaining bearish pace below $103,500. BTC could continue to move down if it stays below the $103,500 resistance. Bitcoin started a fresh decline below the $105,000 support. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $103,500 on…
Bitcoin Eyes ‘Moment Of Truth’ As Price Retests $100,000 Support – Is The Rally Over?
After failing to close the week above a crucial level, Bitcoin (BTC) is attempting to hold $100,000 as support, leading some analysts to suggest that this is the make-or-break moment for the cryptocurrency. Bitcoin Plunges To Physiological Barrier On Tuesday, Bitcoin saw a 9% drop from its weekly opening, dropping to the $100,000 area for…