Bitcoin Price Recovery Possible Above $85K—Will Bulls Step In?
Bitcoin price started a recovery wave above the $80,000 zone. BTC is now rising and might aim for a move above the $84,000 and $85,000 levels. Bitcoin started a decent recovery wave above the $80,000 zone. The price is trading above $82,000 and the 100 hourly Simple moving average. There is a connecting bullish trend…
Bitcoin Shows Signs of Recovery—Is the Whale Sell-Off Finally Over?
Bitcoin has continued its downward trajectory when observed over weekly and monthly timeframes, recording an 8.4% decline in the past week and a 16.2% drop over the past month. However, in the shorter time frame, signs of potential reversal are emerging. Over the past 24 hours, Bitcoin has seen a slight recovery, with its price…
Bitcoin Drops Below 200-Day MA – Next Key Support Lies At $66K According To Mayer Multiple
Bitcoin (BTC) is under severe selling pressure, having lost the $85,000 level just a few days ago. This breakdown has pushed the market to its lowest levels since November 2024, increasing fear and uncertainty among investors. The entire crypto market has been struggling, weighed down by negative macroeconomic conditions and an overall shift in risk-off…
Bitcoin Price Recovers Some Losses—Is a Full Rebound in Sight?
Bitcoin price started a fresh decline below the $86,000 zone. BTC is now correcting losses and might struggle near the $84,000 and $85,000 levels. Bitcoin started a fresh decline below the $85,000 zone. The price is trading below $84,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend…
Analyst Says Bitcoin RSI Dominance Needs To Crash To This Level For The Bull Run To Resume
Bitcoin has maintained its dominance on the altcoin market even amidst the ongoing price corrections. The leading cryptocurrency has been in the spotlight throughout this market cycle, but a technical outlook suggests that it needs to give way. Particularly, a crypto analyst known as Seth on social media platform X pointed to Bitcoin’s dominance relative…
Bitcoin Struggles Below $82K While Coinbase Premium Rises—What’s Next?
Bitcoin continues to face challenges in regaining upward momentum, with the cryptocurrency still trading below $82,000 as of today. The asset remains 25.1% below its all-time high of $109,000, recorded in January. Over the past 24 hours, BTC has seen an additional 0.7% decline, reflecting ongoing market hesitation and uncertainty among investors. Amid this price…
Bitcoin Slips Under 200-Day Moving Average – Will The Downtrend Continue?
Bitcoin (BTC) has dropped 11.3% over the past week, currently trading in the low $80,000 range at the time of writing. The recent decline has pushed the leading cryptocurrency below the 200-day moving average (MA), raising concerns about a potential deeper pullback. Bitcoin Must Defend This Key Price Level According to an X post by…
Bitcoin’s Downtrend Continues, But Analyst Predicts $180K Target—Is It Possible?
Bitcoin has continued its downward trend despite briefly surging to $94,000 last week, a move that had initially fueled investor optimism. Since hitting that level, the cryptocurrency has steadily declined, now trading below $80,000 as of today. While the short-term price action suggests a bearish outlook, some analysts remain confident about Bitcoin’s potential for long-term…
Bitcoin Price Cracks $80K Support—Is a Deeper Correction Coming?
Bitcoin price started a fresh decline from the $90,000 zone. BTC is back below $82,500 and might continue to move down below $78,000. Bitcoin started a fresh decline below the $82,000 zone. The price is trading below $80,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment
Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock. Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which…