Bitcoin Weekly RSI Points To More Upside, But Can the Bulls Defend $107,000?
Bitcoin’s weekly chart shows promising signs of strength as the RSI continues to climb, hinting at the potential for further upside. However, the battle isn’t over yet. With price hovering near the critical $107,000 support, bulls must defend this level to prevent deeper downside pressure. RSI And Price Alignment: A Textbook Case Of Momentum Confirmation…
Bear Market Alert: Top Expert Claims Bitcoin Price Fate Hangs On $101,700 Support Level
The Bitcoin price showed some signs of recovery at the start of the week, trading above the $110,000 mark. This uptick follows two consecutive Fridays of major drops, igniting fears and uncertainty among investors. These concerns have been compounded by predictions from experts about a potential bear market on the horizon. Looming Bear Market Threat…
Bitcoin Capitulation Intensifies As STHs Lose $750 Million Daily — Time To Buy The Dip?
The price performance of Bitcoin over the past two weeks has been a major source of concern, as the coin’s value continues to drift away (about 15% down now) from its all-time high. As the flagship cryptocurrency slows down, the latest on-chain data suggests that a group of investors is exiting the market en masse.…
Bitcoin Holding Above Gaussian Channel, Bull Market Structure Still Intact
Bitcoin is trading around $107,000 after its recent flash crash, maintaining stability to prevent further decline but is yet to return to trading above $110,000. Notably, popular crypto analyst Titan of Crypto shared a detailed Gaussian Channel analysis on X that points to Bitcoin’s macro bull structure remaining intact despite short-term volatility. His post, which…
Bitcoin LTH Inflow On Binance Surges Tenfold Within Days — What This Could Mean
After briefly taking on a structure suggesting an imminent recuperation from the October 10 market downturn, the Bitcoin price appears to be heading into the weekend with a clear bearish outlook. According to data from recent on-chain analysis, the world’s largest cryptocurrency still faces an even higher risk of increased bearish pressure, which may lead…
More Pain Ahead? Bitcoin Trendline Breach Sparks Talk Of Corrective Wave In Play
Bitcoin’s weekly chart is at a pivotal point, with price action hovering around key structural levels. Traders are now questioning whether the current move marks the start of a deeper correction or just a healthy consolidation before the next leg up. Elliott Wave Signals Align With Developing Correction Elliott Waves Academy, in its wave has…
Bitcoin Price Falls To $103,000: Is This The End Of The Bull Run Or A Prequel To The Next Surge?
On Friday, the Bitcoin price experienced another flash crash, dipping toward $103,000 from $109,300. While not as alarming as the sharp decline seen on October 10, this latest downturn has ignited fresh speculation regarding the cryptocurrency’s future trajectory. A Temporary Setback? Comparisons are being made to past market crash events, such as the COVID crash…
Analyst Says Bitcoin Price Is Ready To Surge: ‘We Would Already Be Below $108,000 If The Crash Wasn’t Over’
As the week draws to a close, Bitcoin continues to show signs of resilience following its days of intense volatility and heavy liquidations across the market, the world’s largest cryptocurrency has managed to stabilize above this level, even reaching as high as $113,400 during the week. In this context, crypto analyst Tyrex shared a bullish…
Bitcoin Fate Sealed By October 31? Analyst Says The Clock Is Ticking
Bitcoin slipped below three-day Ichimoku cloud support on Wednesday, prompting market technician Dr Cat (@DoctorCatX) to flag the first decisive warning for bulls while outlining a tight sequence of conditional signals into month-end. Sharing a chart on X, he wrote: “Bulls finally lost the 3D kumo support which is the first clear red flag to…
Bitcoin Buy Signal: Why The 200-Week Moving Average Has Been A Flawless Entry Point
The 200-week moving average is one of the most critical macro indicators for Bitcoin, serving as the definitive divide between bear market capitulation and long-term accumulation. While BTC’s price movements are notorious for their sudden, dramatic swings, history shows that the 200 WMA technical indicator has stood out with remarkable consistency. How The 200 WMA…