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 Short-Term Holders Back In Green As Price Breaks $94,000
On-chain data shows the Bitcoin price has reclaimed the cost basis of the short-term holders, a level that has historically been psychologically important. Bitcoin Is Now Back Above The Short-Term Holder Realized Price In a new Realized Price” here refers to an indicator that keeps track of the cost basis or acquisition level of the average…
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…
Bitcoin Must Clear This Critical Cost Basis Level For Continued Upside, Analyst Says
In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to sustain its bullish momentum. Analyst Highlights Key Bitcoin Cost Basis Zones Bitcoin is beginning to show signs of newfound strength, with the top digital asset surging nearly…
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 Rally Ahead? Analysts Say These Key Indicators Look Bullish
Bitcoin (BTC) posted modest gains earlier today, trading above $87,000 for the first time since April 1. Crypto analysts now suggest that BTC may be on the verge of a sustained rally, as several key indicators are flashing bullish signals. Bitcoin Rally Ahead? These Indicators Say Yes According to a CryptoQuant Quicktake post published today,…
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…
Bitcoin’s Largest Holders Are Stacking Again — What It Means For The Market
The Bitcoin market has shown high volatility in April, having produced similar levels of gains and losses over the past three weeks. Amidst the choppy price action, Bitcoin whales appear to be increasing their holdings, perhaps in anticipation of future price gains. Bitcoin Whales Add 53,600 BTC, Now Hold 68% Of Supply In an X…