Bitcoin Continues Lower, Raising Fears That $90K Support May Not Hold
Bitcoin price failed to recover above $95,000. BTC is down over 4% and there are chances of more downsides below $90,000. Bitcoin started a fresh decline below $94,000 and $93,500. The price is trading below $93,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $95,850 on…
Bitcoin SSR Flashes Buy Signal: Rebound Incoming?
On-chain data shows the Bitcoin Stablecoin Supply Ratio has declined into the buy territory. Here’s what followed this signal in the past. Bitcoin SSR RSI Is Giving A Buy Signal In a new Stablecoin Supply Ratio (SSR) for Bitcoin. The SSR is an indicator that measures how the market cap of BTC compares against the…
Bitcoin Price Alert: This Indicator Signals SELL, Could History Repeat With A 67% Drop?
The Bitcoin price has seen a significant pullback, retracing nearly 26% from its all-time highs, fueling speculation about the potential onset of a new bear market. Compounding this uncertainty, a fresh sell signal has emerged from one of the cryptocurrency’s key indicators, reminiscent of the past when similar signals led to a staggering 67% drop…
Analyst Shares Worst-Case Scenario For Bitcoin (BTC) As Price Shows Concerning Signs
While Bitcoin (BTC) continues to lose crucial support levels, an analyst has shared three possible scenarios for the flagship crypto’s upcoming performance, raising the alarm about potential early signs of a bear market. Bitcoin Price Correction Continues On Monday, Bitcoin reached a new multi-month low after dropping below $93,000 for the first time since May.…
Analyst Backs Bitcoin Rally To $174,000 If This Support Remains Intact – Details
The Bitcoin market has recorded high levels of volatility in previous weeks, resulting in significant corrections and a fragile bullish sentiment. Amid this delicate market, a market analyst with X username PlanD is projecting an incoming parabolic rally that hinges on the strength of a crucial support level. Here’s Why Bitcoin Bulls Must Preserve $94,500…
US Bitcoin ETFs Post $1.1B Outflows As BTC Price Struggles Below $100K
Over the last two years, the performance of the US-based Bitcoin ETFs (exchange-traded funds) has been a fair reflection of the current market sentiment. With consecutive weeks of capital outflows, there is no doubt about the predominantly bearish climate of the market. This worsening sentiment can be seen in BTC’s dip below the psychological $100,000…
Bitcoin Indicator Sounds Buy Alarm For The First Time Since March — Return To $110K Soon?
The price of Bitcoin has struggled around the $95,000 mark after showing some early-weekend strength on Saturday, November 15. According to a prominent analyst on the social media platform X, the premier cryptocurrency seems to be showing signs of a potential rebound in the coming days. BTC Price To Return To $110,000? In a November…
Bitcoin Slides Deeper Into Red, Extending Decline Toward Key Support Zones
Bitcoin price failed to recover above $96,500. BTC is down over 3% and there are chances of more downsides below $92,000. Bitcoin started a fresh decline below $95,000 and $94,500. The price is trading below $98,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $96,600 on…
Bitcoin Price Won’t Crash To $92,000, Here’s Why
The recent upside potential before any significant retracement Why The Bitcoin Price Won’t Decline To $92,000 Crypto analyst @YazanXBT has become one of the loudest voices negating the increasingly popular $92,000 crash target for Bitcoin. The analyst took to X social media on November 13 to inform the crypto community that, rather than a drop…
Bitcoin Market Top May Be In As Analyst Shares 1,064-Day Bull Cycle Pattern – Details
In the last week, Bitcoin lost the $100,000 support zone, marking another drastic turn in an extensive correction phase. Since then, prices have traded as low as $94,700 as the premier cryptocurrency strives to find market stability. Amid rising speculations on the current status of the crypto bull run, market expert Ali Martinez shares a…