Bitcoin Price Aims For $150,000-$170,000 With Wave Formation, Here Are The Details
The Bitcoin price has shown a bullish pattern that could cause it to rally to between $150,000 and $170,000. Crypto analyst Gert van Lagen revealed how this could happen and what could come next after this price surge. Bitcoin Price To Rally To As High As $170,000 Following Wave Formation The Bitcoin price is set…
Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?
After testing the low $90,000 price level multiple times over the past two months, Bitcoin (BTC) briefly broke out of its tight trading range earlier this week, reaching a new all-time high (ATH) of $108,786. However, a recent report by Glassnode suggests that the sustained consolidation observed in recent months may be nearing its end,…
Bitcoin Price Slides Once More: Can Bulls Defend Key Levels?
Bitcoin price struggled to clear the $107,200 resistance zone. BTC is correcting gains and might revisit the $100,000 support zone. Bitcoin started a downside correction from the $107,200 zone. The price is trading below $104,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $103,650 on…
Ethereum Appears ‘Bottomed Out,’ Analyst Predicts A Rally Is Near
Ethereum (ETH) appears to have ‘bottomed out,’ according to crypto analyst Mister Crypto. The analyst shared this observation as investor confidence in ETH continues to wane due to the digital asset’s relatively lackluster price performance in 2024. Is Ethereum Due For A Rally? Unlike Bitcoin (BTC) and Solana (SOL), which have surged in the past…
Bitcoin Short-Term Holders Are Selling at a Loss: What This Means For BTC
Amid Bitcoin’s ongoing upward momentum in price, a key on-chain Bitcoin metric has been observed that offers clues about the market’s next direction. This notable indicator known as the Short-Term Holder Spent Output Profit Ratio (STH SOPR) which reveals the behavior of Short-Term Holders (STHs) has shown that STHs have started to sell at a…
Bitcoin Price Eyes New Heights: Will It Smash Another ATH?
Bitcoin price started a fresh increase above the $104,000 zone. BTC is consolidating above $105,000 and might aim for a new all-time high. Bitcoin started a decent increase above the $102,500 resistance zone. The price is trading above $104,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend…
Bitcoin Eyes Further Gains as Ethereum Struggles With Declining Demand
Bitcoin recently achieved a new all-time high, climbing above $109,000 and continuing its strong upward momentum. This performance has further highlighted the disparity between Bitcoin and Ethereum’s price trajectories, with Ethereum underperforming in recent months. While Bitcoin has captured attention for its resilience and gains, Ethereum faces challenges that have weighed on its progress. According…
Ethereum Struggles As Bitcoin Dominance Pushes ETH/BTC Pair To 4-Year Low
Ethereum (ETH) continues to lose ground to Bitcoin (BTC) as the latter’s dominance rises, with US President-elect Donald Trump set to take office later today. At the time of writing, the ETH/BTC trading pair stands at 0.031, marking a four-year low for the ratio. ETH/BTC Continues To Decline As Trump Focuses On Bitcoin Over the…
Bitcoin Price Retreats After Fresh ATH: A Pause Before the Next Surge?
Bitcoin price started a short-term downside correction after setting a new all-time high. BTC is consolidating above $101,000 and might aim for a fresh increase. Bitcoin started a downside correction from the $109,000 zone. The price is trading below $104,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming…
1 Million Bitcoin Pulled From Exchanges In The Past 3 Years: What It Means For The BTC Market
Undoubtedly, Bitcoin has seen significant growth over the past years both in market price and as a network, solidifying its reputation as a considerable financial haven. Adding more credibility to this fact, a CryptoQuant analyst known as Gaah recently highlighted a notable trend: a large volume of Bitcoin—roughly 1 million BTC—has been withdrawn from crypto…