On-Chain Data Reveals Critical Support Levels For Bitcoin Price — Details
The Bitcoin price has managed to stay above $110,000 over the weekend, and on-chain data shows that the premier cryptocurrency sits above three crucial support levels. Here are the critical levels to watch out for over the next few weeks. Where Are The Next Support Levels For BTC? On Saturday, September 6, prominent crypto analyst…
Bitcoin Price Weakens – Fresh Downside Risk If Bulls Fail Soon
Bitcoin price is struggling to recover above $111,500. BTC is now consolidating and might decline if there is a move below the $110,000 level. Bitcoin started a recovery wave above the $110,500 zone. The price is trading below $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support…
Bitcoin Price Vs. BTC Treasury Companies: Interesting 1:4 Ratio Pops Up
Bitcoin has held up strongly compared to the companies that have adopted it as part of their treasury strategy, but the gap between the digital asset and these firms is becoming more pronounced. Over the last 10 weeks, stocks of Bitcoin Treasury Companies (BTCTCs) have fallen sharply, shedding between 50% and 80% of their value.…
Bitcoin Price Holds Above $110,000—How Weak Job Data Could Fuel Next Wave
The Bitcoin price has enjoyed some level of resurgence over the past week, starting from below $108,000 to as high as $113,000. However, the premier cryptocurrency’s progress hit a stumbling block following the release of weaker-than-expected United States payrolls data on Friday, September 5. Despite the bearish pressure triggered by the US Nonfarm Payrolls (NFP)…
Bitcoin Holds Key Support Amid Gravestone Doji – $120,000 Hangs In Balance
In his resistance, especially as the market contends with ongoing fundamental pressures. Fundamentals Support Bitcoin Despite Weak NFP Print Cryptowzrd highlighted that the daily candle of Bitcoin closed indecisively, signaling uncertainty as the market evaluates its next move. Despite this indecision, BTC remains above the crucial $110,500 level, which continues to serve as a strong…
Bitcoin Mining Turns To Clean Energy Alternatives — Here’s Why
Bitcoin mining is undergoing a profound shift by increasingly adopting alternative renewable energy sources. This trend has led to a remarkable change in the industry’s energy profile, with more than half of the network’s power now coming from sustainable sources. Why Renewable Energy Is Becoming A Strategic Edge For Miners In an X post, Natalie…
Old Bitcoin Supply Unlocks: 7,626 BTC Aged 3–5 Years Moves Onchain
Bitcoin is now trading more than 9% below its $124,500 all-time high, reflecting the weight of recent selling pressure. Despite the pullback, bears have struggled to push the price below the $105,000 support zone, a level that has so far acted as a firm floor for the market. The debate among analysts is intensifying—some are…
Bitcoin Price Gains Steam – $112K Level Could Decide the Next Surge
Bitcoin price is attempting a recovery wave above $111,500. BTC is now rising and might gain pace if it clears the $112,000 resistance level. Bitcoin started a recovery wave above the $111,000 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with…
Countdown To Crypto Chaos: Expert Warns Of Impending Collapse Post Bitcoin Peak
The recent Bitcoin (BTC) price correction has sent ripples through the broader cryptocurrency market, pushing many assets into the red. On Tuesday, Bitcoin fell below $110,000, marking a 12% decline from its all-time high. Experts are now warning that the situation could worsen as October approaches. Crypto Market’s Imminent Downturn Market analyst OxPepesso took to…
Spot Crypto Trading Gets Major Green Light From US Regulators
In a continued support for crypto, the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have jointly confirmed that registered exchanges can now facilitate spot crypto trading under existing law. The joint statement, released Tuesday, clarifies that platforms such as the New York Stock Exchange (NYSE), Nasdaq, CBOE, and CME face…