Bitcoin Price Attempts A Comeback, But Follow-Through Remains Thin
Bitcoin price extended its decline below $78,000. BTC is now attempting to recover from $74,500 but faces many hurdles near $80,000. Bitcoin is attempting to recover above $77,000 and $78,000. The price is trading below $80,000 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at…
Bitcoin Bear Market Signal Emerges: Supply in Loss Rises Above 40%
Bitcoin slipped below the $80,000 level over the weekend as selling pressure intensified across global markets. Reinforcing a climate of uncertainty that has weighed heavily on risk assets in recent weeks. The move came amid broad weakness in equities, elevated volatility, and declining liquidity conditions, pushing many investors into a defensive posture. While the price…
Bitcoin LTH Supply Rises Again Amid Bearish Market Dynamics
The Bitcoin market experienced a shockingly dramatic weekend, as opposed to the typical silent price action displayed in previous weekends. On Saturday, January 31st, the world’s leading cryptocurrency seemingly led other crypto assets south of the charts, with its price falling from $84,350 to as low as $75,000 in a single swoop. As this unfolded,…
Bitcoin Price Can’t Reclaim $80K, Putting $70K On The Radar
Bitcoin price started a major decline below $80,000. BTC is down over 10% and might soon test the $70,000 support zone. Bitcoin failed to remain above $82,500 and started another decline. The price is trading below $80,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $79,200…
Bitcoin Estimated Leverage Ratio Spikes To New High — Fresh Volatility Ahead?
After surging toward the $100,000 mark a few days into the new year, the price of Bitcoin looks set to end January in stark contrast to how it started the month. On Thursday, January 29, the flagship cryptocurrency fell to a multi-month low of around $81,500, with the general market sentiment worsening over the past…
Bitcoin Historical Performance Shows How Low The Price Will Go Before A Bottom
Crypto analyst Maelius has alluded to Bitcoin’s historical performance to provide insights into how low the flagship crypto could drop before it reaches a bottom. He also alluded to the BTC.d, which he explained shows that BTC has yet to reach a bottom. How Low Can Bitcoin Drop Before Finding A Bottom In an X…
Bitcoin Adjusted SOPR Shows Market At Pivotal Junction — What’s Next?
Over the past week, the Bitcoin market experienced new waves of liquidations with prices dropping to around $81,000 on Thursday. Though the premier cryptocurrency has seen a slight rebound since then, bearish sentiments remain dominant with analysts expecting a potential decline to as low as $56,000. Amid this recent correction, a developing on-chain situation has reached…
Bitcoin Slips Below This Key Zone — Is A Final Flush Coming?
Bitcoin has once again fallen below a critical support zone, raising questions about whether the market is gearing up for a deeper sell-off. With selling pressure still intact, traders are now watching key levels closely to see if a final flush toward lower support is imminent. Price Faces Another Rejection MakroVision Research rejection, resulting in…
Bitcoin Miner Fees Remain Near Cycle Lows: What Does This Signal?
Bitcoin has slipped below the $83,000 level as selling pressure continues to dominate global markets, extending a correction that has unfolded alongside broader risk-off conditions. Weakness across equities and commodities has weighed on investor sentiment, and Bitcoin has not been immune to this environment. With volatility elevated and liquidity thinning, market participants are increasingly cautious,…
Bitcoin Could Find Next Bottom Near $50,000 Based On Gold Ratio, Expert Warns
While gold has posted major gains, Bitcoin (BTC) continues to show major signs of weakness, with prices drifting toward lower support levels and now approaching the closely watched $82,000 mark, a pivotal point in determining the next major direction for the world’s largest cryptocurrency. Against this backdrop, market analyst Doctor Profit has drawn attention to…