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…
Bitcoin Presents A ‘Generational Opportunity’ As Global Turmoil Intensifies, Says Bitwise Executive
In a post on X published yesterday, Jeff Park, Head of Alpha Strategies at Bitwise, stated that Bitcoin (BTC) currently presents a “generational opportunity” amid intensifying global macroeconomic turmoil. Park pointed to factors such as US President Donald Trump’s proposed trade tariffs, concerns over the US debt ceiling, and the growing sentiment of deglobalization as…
Glassnode Reveals Where Bitcoin Could Find Support If Current Level Breaks Down
The on-chain analytics firm Glassnode has revealed where the next Bitcoin support level could be based on different pricing models. Bitcoin Is Currently Retesting 1-Year MVRV Z-Score Mean In a new post on X, the on-chain analytics firm Glassnode has discussed about how BTC has been looking on a couple of pricing models recently. The…
Bitcoin Network Activity Is Declining — Impact On Price?
A sluggish Bitcoin price performance has not been the only disappointing theme for the largest crypto market so far in 2025. According to the latest on-chain data, the Bitcoin network fundamentals have been dwindling since the final quarter of last year. Bitcoin’s Active Addresses And Transaction Count On A Decline? In a Quicktake post on…
Bitcoin Price Outlook: Will BTC Rebound Or Drop To $76,000?
The price of Bitcoin (BTC) has shown only sideways movement in the last day resulting in a minor price loss of 0.37%. In the larger timeframe, BTC remains in a strong consolidation range between $95,000-$98,000, putting majority of traders on alert for an immediate breakout. Meanwhile, a market analyst with X username Cryptododo7 has shared…
Bitcoin Price Falls Short Again—Is a Deeper Decline Coming?
Bitcoin price is struggling to clear the $100,000 resistance zone. BTC is again moving lower and might decline toward the $95,000 support. Bitcoin started a fresh decline from the $98,500 zone. The price is trading below $97,000 and the 100 hourly Simple moving average. There was a break below a major bullish trend line with…
Bitcoin Forms Rounding Bottom – Expert Sees Push To $100K Next Week
Bitcoin has been trading sideways in a tight consolidation range, staying below key supply levels while holding strong above crucial demand zones. This phase of indecision has divided market sentiment, with many leaning toward a bullish trend that could result in an aggressive move in the coming days. While uncertainty lingers, analysts are optimistic that…