Analyst Says Bitcoin RSI Dominance Needs To Crash To This Level For The Bull Run To Resume
Bitcoin has maintained its dominance on the altcoin market even amidst the ongoing price corrections. The leading cryptocurrency has been in the spotlight throughout this market cycle, but a technical outlook suggests that it needs to give way. Particularly, a crypto analyst known as Seth on social media platform X pointed to Bitcoin’s dominance relative…
Bitcoin Struggles Below $82K While Coinbase Premium Rises—What’s Next?
Bitcoin continues to face challenges in regaining upward momentum, with the cryptocurrency still trading below $82,000 as of today. The asset remains 25.1% below its all-time high of $109,000, recorded in January. Over the past 24 hours, BTC has seen an additional 0.7% decline, reflecting ongoing market hesitation and uncertainty among investors. Amid this price…
Bitcoin Slips Under 200-Day Moving Average – Will The Downtrend Continue?
Bitcoin (BTC) has dropped 11.3% over the past week, currently trading in the low $80,000 range at the time of writing. The recent decline has pushed the leading cryptocurrency below the 200-day moving average (MA), raising concerns about a potential deeper pullback. Bitcoin Must Defend This Key Price Level According to an X post by…
Bitcoin’s Downtrend Continues, But Analyst Predicts $180K Target—Is It Possible?
Bitcoin has continued its downward trend despite briefly surging to $94,000 last week, a move that had initially fueled investor optimism. Since hitting that level, the cryptocurrency has steadily declined, now trading below $80,000 as of today. While the short-term price action suggests a bearish outlook, some analysts remain confident about Bitcoin’s potential for long-term…
Bitcoin Price Cracks $80K Support—Is a Deeper Correction Coming?
Bitcoin price started a fresh decline from the $90,000 zone. BTC is back below $82,500 and might continue to move down below $78,000. Bitcoin started a fresh decline below the $82,000 zone. The price is trading below $80,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment
Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock. Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which…
Bitcoin Slips Below $80,000—Here’s What Could Happen Next
Bitcoin’s price has continued its downward trend, struggling to regain momentum after reaching its all-time high of $109,000 in January. Over the past week, Bitcoin has declined by 14.6%, with its price dropping an additional 4.4% in the last 24 hours. As of today, Bitcoin is trading at $79,766, pushing it nearly 27% below its…
Crypto Pundit Dumps Bitcoin Holdings Sub-$100,000, Lists Reasons Why It’s Time To Short
Bitcoin has extended its decline below $90,000 as on-chain data shows whales selling off in massive amounts. This price decline comes amidst the otherwise bullish news of Donald Trump signing an executive order for a Strategic Bitcoin Reserve (SBR). The lack of bullish momentum despite this has brought into play the possibility of an extended…
Bitcoin Price Dives Once More—Is a Deeper Correction Underway?
Bitcoin price started a fresh decline from the $92,000 zone. BTC is back below $85,500 and might continue to move down below $80,000. Bitcoin started a fresh decline below the $85,000 zone. The price is trading below $85,000 and the 100 hourly Simple moving average. There is a short-term bearish trend line forming with resistance…
Bitcoin Stalls: Weak Momentum Puts $85,211 Recovery In Doubt
Bitcoin is making an effort to stage a comeback after dipping to $85,211, but a lack of strong momentum is casting doubt on the recovery. While buyers are attempting to regain control, technical indicators suggest that bullish strength remains fragile, raising concerns about whether BTC can sustain its rebound or face another pullback. With key…