Bitcoin Price Recovery At Stake If This Level Doesn’t Hold, Crash Could Erase Gains
Crypto analyst Rekt Capital has revealed that the Bitcoin price recovery could be at stake if it doesn’t hold above a particular level. Failure to hold this support level could cause the leading crypto to crash and erase all gains that it has enjoyed this past week. Bitcoin Price Needs To Hold Above $93,500 To…
Spot Bitcoin ETFs Go ‘Pac-Man’ Mode, Gobble Up $1.2 Billion In 1 Week
Capital poured into US-listed Bitcoin exchange-traded funds this week, with Tuesday alone witnessing nearly $1 billion in fresh cash. The rush propelled weekly inflows to $1.2 billion and total assets under management (AUM) to $103 billion, based on Bloomberg data. The investment deluge occurred while Bitcoin’s price rose above $93,000, reaching $93,700 – its highest…
Bitcoin Price Rejected Again — Are Bears Gearing Up for a Pullback?
Bitcoin price is struggling to clear the $94,500 zone. BTC is consolidating gains and might correct some gains to test the $91,200 support zone. Bitcoin started a decent upward move above the $92,500 and $92,800 levels. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a connecting bullish trend…
Bitcoin Price Completes Head And Shoulder Formation, Analyst Predicts Crash To $78,000
Crypto analyst Melika Trader has warned about a bearish pattern that could be forming for the Bitcoin price. Based on this, the analyst predicts that the largest crypto by market cap could crash to as low as $78,000. Bitcoin Price Forming Head And Shoulders Pattern In a TradingView post, Melika Trader revealed that the Bitcoin…
Bitcoin Price Stabilizes After Surge — Is It Gearing Up for Another Leg Up?
Bitcoin price is moving higher above the $93,200 zone. BTC is consolidating gains and might continue higher above the $94,000 zone in the near term. Bitcoin started a decent upward move above the $91,500 and $92,500 levels. The price is trading above $91,500 and the 100 hourly Simple moving average. There is a connecting bullish…
Crypto Comeback? Bitcoin Surges 10%+ in Sudden Upside Move
Bitcoin price is moving higher above the $92,500 zone. BTC is gaining pace and might continue higher above the $94,000 zone in the near term. Bitcoin found support at $88,000 and started a decent upward move. The price is trading above $90,500 and the 100 hourly Simple moving average. There is a connecting bullish trend…
Is The Bitcoin Price Top In At $109,000 Already? What The MVRV Z-Score Says
After months of bullish momentum that pushed the Bitcoin price to an all-time high of over $109,000 earlier this year, analysts are now debating whether that surge marked the official market top. Strengthening this argument, a confluence of technical indicators suggests the market cycle may have already peaked—most notably, the behavior of the Market Value…
Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows
China has added five tonnes of gold to its reserves in under a month as part of an increasing aggressive purchase of the precious metal. Bitcoin continues to stand firm above the $87,000 level despite recent market fluctuations. PBOC Gold Accumulation Up As Bitcoin Price Soars According to the Kobeissi Letter in posting messages on…
Bitcoin Price Continues Higher—Momentum Signals More Room to Run
Bitcoin price is moving higher above the $87,500 zone. BTC is gaining pace and might continue higher above the $88,800 zone in the near term. Bitcoin found support at $85,000 and started a decent upward move. The price is trading above $87,500 and the 100 hourly Simple moving average. There is a connecting bullish trend…
Bitcoin Bull Market Remains Intact Unless This Support Breaks – Analyst
Popular crypto analyst Tony Severino has shared a bold take on the current Bitcoin (BTC) market structure. The chartered market technician has stated that the Bitcoin bull market remains active unless the price falls below a specific level. Notably, Bitcoin saw a heavy correction after hitting a peak price of $109,000 in January. Over the…