Bitcoin Price Crash Trigger To $96,000: The Head And Shoulders Pattern That’s Forming
After days of succumbing to pressure from bears and profit-taking from traders. The most recent 24 hours were marked by Bitcoin losing its hold on the $105,000 price level, crashing until it rebounded at a lower support range around $101,000. However, technical analysis of Bitcoin’s daily candlestick timeframe chart shows that this price level is…
Bitcoin Sees Negative Funding On Binance – A Classic Setup For A Short Squeeze?
As political tensions between US President Donald Trump and Elon Musk escalated yesterday, the Bitcoin (BTC) market experienced a sharp shift in sentiment, with the funding rate on Binance flipping from positive to negative within hours. Bitcoin Funding Rates Turn Negative On Binance According to a CryptoQuant Quicktake post by contributor Darkfost, BTC funding rates…
Traders Turn Bearish on Bitcoin Following High-Profile Political Tensions, Data Shows
Bitcoin (BTC) dropped sharply over the past 24 hours, nearing the $100,000 mark with an intraday low of $100,984. This price movement reflects increased volatility across the crypto market following a public exchange on social media between US President Donald Trump and Tesla CEO Elon Musk. Their clash appears to have triggered a wave of…
Crypto Analyst Warns: This Bitcoin Bull Cycle Looks Nothing Like 2017 or 2021
Bitcoin’s price continues to show signs of consolidation following its all-time high of over $111,000 recorded in May. At the time of writing, the asset is trading at $104,851, down 0.3% in the past 24 hours and roughly 6.3% below its recent peak. This period of relative price stability comes amid cautious sentiment across the…
Bitcoin Price Dips Sharply Below $102K as Profit-Taking Accelerates
Bitcoin price started a fresh decline and tested the $100,500 zone. BTC is now consolidating and might extend losses below the $100,000 level. Bitcoin started a fresh decline below the $104,000 zone. The price is trading below $104,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line…
Bitcoin Price Crash Below $100,000 Still Possible: Analysts Issue Downtrend Warnings
Despite the recent rally to a new all-time high (ATH) of $111,900, crypto analysts have warned that the Bitcoin price could still witness a massive crash that will send it below $100,000. These analysts highlighted fundamentals and technicals that could spark this price crash. Analysts Highlight Why Bitcoin Price Could Still Crash Below $100,000 In…
Bitcoin Signals Strength As Long-Term Holder Realized Cap Surges Past $20 Billion – Details
Despite recent volatility, several key indicators are pointing to a bullish undercurrent for Bitcoin (BTC). These include Binance’s rising market dominance, renewed accumulation by long-term holders (LTH), and significant BTC withdrawals from major crypto exchanges. Bitcoin Showing Signs Of Renewed Strength At the time of writing, Bitcoin is trading in the mid-$100,000 range – approximately…
Bitcoin Price Slips Again, Triggering Fresh Fears of a Deeper Correction
Bitcoin price started a fresh decline and tested the $104,200 zone. BTC is now consolidating and might struggle to clear the $106,800 resistance zone. Bitcoin started a consolidation phase above the $104,000 zone. The price is trading below $106,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support…
Bitcoin Pullback or Setup? On-Chain Metrics Hint at What’s Coming Next
Bitcoin is experiencing a short-term price decline. In the past 24 hours, the asset has fallen by approximately 9.3% to a trading value of $105,062. This pullback places Bitcoin roughly 8% below its all-time high recorded last month. The dip comes amid broader market volatility, but on-chain indicators and exchange data suggest deeper structural trends…
Bitcoin Price Encounters Resistance — Traders Eye Breakout or Rejection
Bitcoin price started a fresh decline and tested the $103,200 zone. BTC is now recovering and facing hurdles near the $107,000 zone. Bitcoin started a recovery wave above the $105,000 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at…