Bitcoin Rejected At Descending Resistance Again – Is $78,600 Still In Play?
Bitcoin is facing a crucial test as it struggles to break above key resistance levels while holding just above critical support. The market remains stuck in a tight range, reflecting growing indecisiveness among traders and investors. Uncertainty has become the new normal, with macro conditions and political developments continuing to cloud sentiment. US President Donald…
Bitcoin Price Still In Trouble—Why Recovery Remains Elusive
Bitcoin price started a recovery wave from the $81,200 zone. BTC is consolidating losses and facing hurdles near the $83,500 resistance level. Bitcoin started a decent recovery wave above the $82,200 zone. The price is trading below $83,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance…
Bitcoin Fear & Greed Index Approaches Neutral As BTC Recovers To $85,000
Data shows the Bitcoin market sentiment has closed in on the neutral territory as the cryptocurrency’s price has recovered to $85,000. Bitcoin Fear & Greed Index Is Now Close To Neutral Region The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among the investors…
Bitcoin Price Swings Wildly—Yet Bears Keep the Upper Hand!
Bitcoin price started a recovery wave above the $85,500 zone. BTC is trimming all gains and might decline again toward the $80,000 zone. Bitcoin started a decent recovery wave above the $84,500 zone. The price is trading near $83,500 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend…
Bitcoin’s Fate Hinges on This Critical ‘Dead Cross’ Signal — What’s Next for BTC?
Bitcoin has seen a notable price consolidation over the past few weeks, trading between the $84,000 and $86,000 levels. Despite the initial surge in price, the cryptocurrency has faced a decline of 3.7% in the past week and nearly 10% in the past month, signaling a period of stagnation in its upward momentum. At the…
Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge
Bitcoin’s price correction over the past week has caused some indicators pointing to possible further declines. However, according to one analyst, the current phase could represent the last opportunity to buy before the next major rally. Popular crypto analyst Captain Faibik, posting on social media platform X, believes that Bitcoin is ready for a bullish…
Bitcoin Stays Down, But Whale Wallets Quietly Climb to 4-Month High
On-chain data shows the Bitcoin whales have seen their population grow recently, despite the bearish action that the price has been facing. Bitcoin Whales Have Seen Notable Growth In Past Five Weeks According to data from the on-chain analytics firm Santiment, whale-sized Bitcoin wallets have recently climbed to their highest point since December of last…
Shifting Sentiment? Short-Term Bitcoin Holders Stay Put Despite Losses
According to a recent CryptoQuant Quicktake post, short-term Bitcoin (BTC) holders are choosing to retain their digital assets despite incurring unrealized losses. CryptoQuant contributor Onchained explained that short-term BTC holders have recorded significantly lower realized losses compared to their unrealized losses. Short-Term Bitcoin Holders Expecting A Price Rally? The first quarter of 2025 has been…
Bitcoin Price Bounces Back—Can It Finally Break Resistance?
Bitcoin price started a recovery wave above the $83,500 zone. BTC is now consolidating and might struggle to settle above the $85,500 zone. Bitcoin started a decent recovery wave above the $83,500 zone. The price is trading above $83,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with…
Warning Signs Emerge: Analysts Say Bitcoin’s Recent Rise May Have Been a Mirage
After showing signs of recovery last week, Bitcoin appears to have lost its upward momentum once again. The cryptocurrency was closing in on the $90,000 psychological level but has since reversed direction, falling by 6.4% over the past week to hover around $82,000 at the time of writing. This decline has placed renewed attention on…