Bitcoin Price Still Has Room To Fall Below $60K — Crypto CEO
The Bitcoin price had a relatively rough trading period over the past week, as it hovered around the psychological $90,000 mark. The flagship cryptocurrency, which looked set for a return to six-figure valuation barely over a week ago, now seems to have lost all its bullish momentum. Broadly speaking, these recent struggles put to rest…
Bitcoin Metric Suggests Miners Are In Recovery Mode — Price To Follow?
Over the past week, the price of Bitcoin faced a significant setback in its goal of reclaiming the six-figure threshold. The flagship cryptocurrency has been hovering around the $90,000 mark, as the market can’t seem to make a decision concerning the next price direction. As Bitcoin faced a mild sell-off, which, in turn, drove its…
Bitcoin Price Mirroring Key Patterns From 2021 – Is History About To Repeat?
The Bitcoin price is showing signs of history repeating itself, as current price action mirrors key patterns from the 2021 cluster. With resistance near $91,000–$92,000 and the macro downtrend looming, traders are watching closely to see if BTC will break higher or face renewed pressure. The coming days could prove decisive in shaping the next…
Bitcoin Stuck In Bear Mode For 83 Days: Trend Pulse Confirms Structural Weakness
Bitcoin continues to struggle as it attempts to reclaim the $90,000 level, with traders facing a market defined by hesitation rather than conviction. After yesterday’s bearish breakdown below $90K, price action has slipped back into indecisive territory, raising fresh questions about whether this pullback is a temporary shakeout or the start of a deeper corrective…
Bitcoin Indicator Falls Back To Post-Bear Market Levels: Investors Approach A Key Decision Point
Bitcoin is trading below the $90,000 level once again, as the market continues to drift through a phase defined by indecision, rising caution, and growing fear. After repeated failures to reclaim this psychological threshold, price action has started to reflect a lack of conviction on both sides, with buyers hesitating to step in aggressively and…
Bitcoin Price Following The 2022 Fractal? Here Was The Previous Outcome
Technical analysis shared by crypto analyst CryptoBullet on X highlighted a familiar price action that suggests that Bitcoin’s current structure may be closely tracking a 2022 price fractal. Bitcoin’s price action in recent days has changed into a more fragile posture, with the cryptocurrency falling back below the psychological $90,000 level after failing to sustain…
Bitcoin Price Stability Sparks Recovery Hopes, But Hurdles Loom
Bitcoin price started a consolidation phase below $90,500. BTC is consolidating losses and might attempt a recovery wave if it clears $91,500. Bitcoin started a minor recovery wave from the $87,200 level. The price is trading below $90,500 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line…
Bitcoin Supply In Profit Stalls At 71%: Still Not Enough For A Sustainable Recovery
Bitcoin is facing a critical test as volatility returns and price action remains unstable around the $90,000 level. Bulls are attempting to defend this psychological zone after recent turbulence, but confidence across the market is still fragile. With uncertainty dominating short-term sentiment, many traders are treating every bounce as a potential trap rather than the…
Bitcoin Price Defends Support As Traders Question Next Upside Push
Bitcoin price started a fresh decline below $89,500. BTC is consolidating losses and might attempt a recovery wave if it clears $92,000. Bitcoin started another drop below $90,000 and $89,000. The price is trading below $90,500 and the 100 hourly Simple moving average. There are two bearish trend lines forming with resistance at $90,300 and…
Bitcoin Bottoming Phase Was Driven By Large Entities, Glassnode Data Shows
On-chain analytics firm Glassnode has pointed out how large entities drove Bitcoin accumulation during the November-December bottoming phase. Large Entities Accumulated BTC, While Smaller Investors Sold In a new post on X, Glassnode has talked about the recent Bitcoin investor behavior. “During the November–December bottoming phase, supply accumulation was primarily driven by larger entities, while…