Bitcoin Price Holds Support After Pullback—What Comes Next?
Bitcoin price started a downside correction below $92,500. BTC is now struggling and might face barriers for a fresh increase near $92,000. Bitcoin started a downside correction and traded below the $91,200 zone. The price is trading below $91,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance…
$460M Crypto Longs Squeezed As Bitcoin Slips Below $90,000
Data shows the crypto derivatives market has faced a fresh wave of liquidations as Bitcoin and other assets have gone through a retrace. Crypto Market Has Seen Liquidations Of More Than $462 Million According to data from Liquidation” refers to the forceful closure that any open contract undergoes after it has amassed losses of a…
Bitcoin Price Dips Further, Setting Up a High-Stakes Support Moment
Bitcoin price started a downside correction from $94,500. BTC is now struggling and might dip toward the key support at $89,000. Bitcoin started a downside correction and traded below the $92,000 zone. The price is trading below $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at…
Crypto Market Watches As Clarity Act Enters Senate Debate Next Week: US Senator
There’s still a lot of work to be done by US lawmakers to give clarity (no pun intended) and perhaps closure to the long-standing debate on how the CLARITY Act should be enacted into law, when, and how. One lawmaker in the person of Senate Banking Committee Chairman Sen. Tim Scott said the CLARITY Act…
Bitcoin Fear & Greed Index Nears Neutral As Price Recovers
Data shows the sentiment among Bitcoin traders has seen a notable improvement recently as the market has gone through a recovery surge. Bitcoin Fear & Greed Index Is Near The Neutral Zone The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the sentiment that’s held by the average…
Did Morgan Stanley Orchestrate Bitcoin October Crash? Analysts Draw Correlations
Morgan Stanley’s filing for a Bitcoin (BTC) and Solana (SOL) exchange-traded fund (ETF), coupled with MSCI’s decision to retain digital asset companies in its index, has ignited a wave of speculation among analysts. Notably, analysts from Bull Theory have alleged that these events could be indicative of a larger-scale market manipulation. Bitcoin Market Manipulation? In…
Bitcoin Accumulation: Data Shows Institutions Are Net Buyers Again
After a phase of net Bitcoin selling, on-chain data suggests institutional entities have started accumulating the cryptocurrency once more. Bitcoin Rose Over 41% The Last Time Institutions Turned Into Net Buyers As pointed out by Capriole Investments founder Charles Edwards in an X institutions have once again turned into net buyers of Bitcoin. Below is…
Bitcoin Price Shows Early Signs of a Pullback After Recent Run
Bitcoin price started a fresh increase above $92,500. BTC is now correcting some gains and might revisit the $90,500 support zone. Bitcoin started a fresh increase above the $92,000 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $93,750 on…
Bitcoin Enters Accumulation Regime: Market Supported By Seller Exhaustion, Not Buying Surge
Bitcoin is attempting to extend its recovery after reclaiming the $90,000 level, a move that has brought cautious optimism back into the market following weeks of consolidation and selling pressure. While price action alone still falls short of confirming a renewed uptrend, on-chain data suggests that underlying market conditions may be stabilizing beneath the surface.…
Binance Sees Massive Whale Inflows, But Demand Looks Thin – Details
Large crypto holders moved about $2.4 billion in Bitcoin and Ether to Binance in the past week, a flow split almost evenly between the two tokens. According to CryptoOnchain, the size of individual deposits has jumped — average transfers onto the exchange rose from around eight to 10 Bitcoin to highs near 22 to 26…