Bitfinex Whale Activity Increases As Bitcoin Approaches $100k—Further Surge Ahead?
Following a lackluster performance in recent weeks, Bitcoin appears to be seeing a steady recovery with its price now approaching the $100,000 price mark. Particularly, so far, BTC has managed to regain some of the losses shedded in recent weeks with its price now hovering above $98,000, marking a 2.6% increase in the past 7…
Bitcoin Price Recovers Strongly—Is a New Rally Beginning?
Bitcoin price started a recovery wave above the $96,500 zone. BTC is rising and might aim for a move above the $98,800 resistance zone. Bitcoin started a decent recovery wave above the $96,500 zone. The price is trading above $97,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming…
Bitcoin Price To $150,000: Why The USDT Dominance Plays An Important Role
Bitcoin has extended its consolidation below $100,000 since the beginning of February. This price lag has been compounded by a slowdown in bullish sentiment among investors and a slowing euphoria regarding the crypto-positive influences of Trump’s new administration in the US. Despite this rally slowdown, technical analysis continues to support a bullish long-term outlook for…
How Close Is Bitcoin To A Bear Market? This Historical Level May Contain Hints
A Bitcoin on-chain level has historically served as the boundary for bear markets. Here’s how far the asset’s price is currently from this line. Bitcoin Is Above Realized Price Of All Major Cohorts Right Now In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed where the Realized Price currently…
Bitcoin Price Edges Higher But Remains Stuck In a Tight Zone
Bitcoin price started a recovery wave above the $94,500 zone. BTC is rising within a range and might revisit the $98,000 resistance zone. Bitcoin started a decent recovery wave above the $95,500 zone. The price is trading above $96,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend…
Bitcoin’s Make-or-Break Moment: What’s Holding Back the Next Big Rally?
Bitcoin’s price has gradually increased, climbing from $96,000 to nearly $97,000 as of today. Although still shy of the coveted $100,000 mark, the leading cryptocurrency shows signs of resilience. This recovery is unfolding against the backdrop of mixed market signals, prompting analysts to weigh the potential for continued bullish momentum versus the risk of a…
Bitcoin Price Remains Under Pressure—Can It Break Free?
Bitcoin price started another decline below the $96,200 zone. BTC is retesting the $95,000 support zone and might struggle to recover losses. Bitcoin started a fresh decline from the $97,500 zone. The price is trading below $96,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at…
Bitcoin Faces Persistent Resistance at $100K, Analyst Eyes Next Step
Weeks after hitting an all-time high above $109,000, Bitcoin’s price remains under pressure. It is currently trading below the $100,000 mark, an 11.4% decrease from its peak. The crypto asset’s recent trajectory has raised questions about its next move as it trades within a relatively tight range. According to CryptoQuant analyst Percival, Bitcoin is exhibiting…
Bitcoin Finally Independent? BTC-S&P 500 Correlation Hits Zero
Data shows the Correlation between Bitcoin and S&P 500 has declined to zero recently, a sign that BTC is no longer attached to the stock market. Bitcoin Correlation To S&P 500 Has Witnessed A Plunge Recently In a new Correlation” here refers to an indicator that keeps track of how tied together the prices of…
Bitcoin Price Pulls Back to Support—Breakdown or Bounce Ahead?
Bitcoin price started another decline below the $96,800 zone. BTC is retesting the $95,500 support zone and might struggle to recover losses. Bitcoin started a fresh decline from the $98,000 zone. The price is trading below $96,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at…