Bitcoin CME Gap Close About To Happen With Push Toward $83,000 – What Happens Next?
Bitcoin (BTC) is steadily approaching the highly anticipated Chicago Mercantile Exchange (CME) gap close, with price action aligning with analyst’s expectations of a move toward $83,000. As Bitcoin corrects from recent highs, a crypto analyst expects a rebound to come next. However, if key support fails, the possibility of further downside remains. Bitcoin To Drop…
Is a Bitcoin Rally Coming? Exchange Net Flow Data Suggests So
According to a CryptoQuant Quicktake post published earlier today, Bitcoin (BTC) may be on the verge of a significant price rally. Since February 6, net flow across crypto exchanges has remained negative – a historically bullish signal for the digital asset. Bitcoin To Benefit From Negative Exchange Net Flow The past 24 hours have been…
Bitcoin’s Rise Isn’t Random: Analyst Reveals What’s Really Fueling BTC Above $85K
Bitcoin (BTC) continues to trade above the $84,000 mark despite a slight decline in momentum this week. After briefly touching higher levels of nearly $90,000, the asset has seen a 3.3% decrease over the past day, bringing its current price to roughly $84,222. While price volatility remains a short-term concern, Bitcoin’s broader trend shows signs…
Chainlink Monthly Close To Determine LINK’s Fate – Here Are The Levels To Watch
Amid today’s market correction, Chainlink (LINK) has lost its recent gains, falling back to a crucial support level. An analyst suggests a monthly close above its current range could position the cryptocurrency for a 35% surge. Chainlink Retest Crucial Price Zone Chainlink has retraced 9.1% in the past 24 hours to retest the key $14…
One Of Bitcoin’s Most Reliable Buy Signals Just Flashed
The Hash Ribbon indicator—an on-chain metric designed to identify periods of miner capitulation and subsequent recovery—has just issued a bullish signal for Bitcoin. Several well-known figures within the BTC community highlighted the event through posts on X , suggesting that the signal could mark a turning point in the market. The Ultimate Bitcoin Buy Signal?…
Are the Bulls Still in Control? Bitcoin Faces Pressure After Massive Long Position Wipeout
Bitcoin continues to show signs of price consolidation, with its value hovering just below the $87,000 mark. As of today, BTC is trading at approximately $86,990, reflecting a 0.8% decline over the past 24 hours. Despite the slight dip, the broader picture shows that Bitcoin has stabilized above $85,000 for several consecutive sessions, signaling a…
Bitcoin Price Stalls at $88K—Can Bulls Overcome Key Resistance?
Bitcoin price remained supported above the $86,000 zone. BTC is now consolidating and might aim for a move above the $88,000 resistance zone. Bitcoin started a fresh recovery wave above the $86,800 zone. The price is trading below $87,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with…
Crypto Market Cap Evolution Shows Diverging Trends Among Top Digital Asset
The crypto market continues to evolve as shifts in market capitalization among major digital assets reflect both investor sentiment and fundamental developments. A recent analysis from CryptoQuant provides a closer look at how top crypto have performed in terms of market cap and drawdowns over the past several months. BNB, XRP, and Ethereum Show Diverging…
Bitcoin Price Finds Support—But Can It Power Through $90K?
Bitcoin price remained supported above the $85,500 zone. BTC is now rising and might aim for a move above the $88,000 resistance zone. Bitcoin started a fresh recovery wave above the $87,000 zone. The price is trading above $87,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with…
Bitcoin Whales Make Big Moves As Bullish Momentum Resurfaces
On-chain data suggests that Bitcoin (BTC) whales – cryptocurrency wallets holding significant BTC amounts – have resumed accumulation after a brief period of dormancy. Bitcoin Accumulation Rises Among Whales In an X post published today, seasoned crypto analyst Ali Martinez highlighted a notable increase in BTC whale activity. He shared the following chart showing that…