Bitcoin Price Mirrors Global M2 As Crypto Analyst Reveals May Timeline For “Blast Off”
Bitcoin’s price movement is starting to look positive after a brief stretch of crashes on Sunday and Monday. After breaking down to $74,000 on Monday, bearish momentum looked ready to drag Bitcoin’s price down further. However, bulls quickly stepped in to defend the dip. Their aggressive buying has pushed the price back up, with Bitcoin…
Is $74,000 The Bottom For Bitcoin? CMT-Certified Analyst Says $38,000-$42,000 Is Coming
The Bitcoin (BTC) price crash to $74,000 has left traders speculating whether the cryptocurrency has finally hit a bottom. However, a CMT-certified analyst suggests that Bitcoin’s price correction is far from over. He has predicted an even deeper pullback to $38,000 – $42,000, which he identifies as Bitcoin’s final price bottom. In a detailed Elliott…
Bitcoin Rebounds From $74,000 Low As Whales Crank Up Activity
Bitcoin has bounced back from its latest low as on-chain data shows the Whale Transaction Count has witnessed a spike on the network. Bitcoin Whale Transaction Count Has Just Seen A Large Spike As pointed out by analyst Ali Martinez in a new post on X, whales notably upped their activity during the recent price…
Bitcoin Price Takes Another Tumble—Is The Floor About to Crack?
Bitcoin price started a fresh decline below the $78,000 zone. BTC is now consolidating losses and might face resistance near the $77,800 zone. Bitcoin started a fresh decline below the $78,000 zone. The price is trading below $78,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance…
Crypto Analyst Warns Of Volume Drop That Could Trigger 60% Bitcoin Price Crash To $49,000
Crypto analyst Melika Trader has warned of a volume drop that could trigger a 60% Bitcoin price crash. The analyst provided an in-depth analysis of what this price crash could mean and if it would mark the end of the bull run. How The Bitcoin Price Could Crash By 60% And Drop To $49,000 In…
Short-Term Holders Under Pressure as Bitcoin Slides—Capitulation Coming?
Bitcoin has not been immune to the ongoing global tariff dispute, which has rippled across financial markets and placed pressure on equities and digital assets. Over the past two weeks, Bitcoin has dropped by more than 10%, slipping under $75,000 earlier today—a level last seen in November 2024. The pullback coincides with broader market volatility…
Bitcoin Flashes ‘Death Cross’ Amid Tariff-Induced Market Turmoil – Is Further Decline Inevitable?
The global equity and cryptocurrency markets experienced significant downturns earlier today, as US President Donald Trump’s country-specific reciprocal tariffs are set to take effect on April 9. The leading cryptocurrency, Bitcoin (BTC), has declined by more than 7% in the past 24 hours, and analysts predict further near-term challenges for the digital asset. US Tariffs…
Bitcoin Price Recovery In Play—But Major Hurdles Loom Large
Bitcoin price started a fresh decline below the $80,000 zone. BTC is now correcting losses and might face resistance near the $80,500 zone. Bitcoin started a fresh decline below the $80,000 zone. The price is trading below $81,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance…
Long-Term Bitcoin Holders Are Moving Coins—Further Sell-Off Incoming?
Bitcoin faced a notable sell pressure earlier today, with its price trading as low as $74,604. However, at the time of writing, the asset is seeing a quiet rebound with prices now hovering back above $79,000. Regardless of this slight uptick, the asset is still down by 3.1% in the past day and nearly 30%…
Understanding Bitcoin Struggles: Why Realized Cap Indicates A Bear Market
As Bitcoin (BTC), the market’s leading cryptocurrency, continues to trend lower, recent insights from industry experts highlight critical factors influencing BTC’s trajectory. According to Ki Young Ju, CEO of market intelligence firm CryptoQuant, the current Bitcoin bull cycle may be coming to an end. This assertion is grounded in the concept of Realized Cap, a…