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…
Bitcoin Pauses Below $106K as Analyst Reveals Key Support Level To Watch
Bitcoin’s price is still struggling to regain its upward momentum following the establishment of a new all-time high above $111,000 last week. Today, Bitcoin trades below $106,000 with a current trading price of $105,381, marking a 1.2% increase in the past day and a 5.8% decrease from its peak. The current movement suggests a cooling-off…
Binance Taker Buy/Sell Ratio Falls Below 1.0 as Bitcoin Sees Renewed Selling
Bitcoin (BTC) has experienced a noticeable retracement after recently achieving a record high above $111,000 last month. Currently priced at $104,115, the cryptocurrency has declined approximately 5.2% in the past 7 days, marking roughly a 7% drop from its peak price. This sudden decrease has sparked considerable attention among market participants, who closely observe potential…
Bitcoin Warning Signs? Long-Term Holders Exit While Retail Buyers Rush In
As Bitcoin (BTC) retreats from its recent all-time high (ATH) of $111,814 – currently trading in the mid-$100,000 range – emerging on-chain data signals that the cryptocurrency’s strong momentum over the past month may be waning. Deeper Correction Ahead For Bitcoin? According to a recent CryptoQuant Quicktake post by contributor Amr Taha, the Bitcoin market…
Analyst Suggests Altcoin Recovery May Follow Bitcoin’s Final Cycle Stage—Here’s Why
Bitcoin continues to showcase resilience in the current cryptocurrency market cycle, consistently setting new records while many altcoins remain below their previous peaks. Currently trading just above $104,000, Bitcoin has recently retraced from its all-time high above $111,000, set last month. Contrasting Bitcoin’s consistent growth, Ethereum and other prominent altcoins have yet to surpass historical…
Bitcoin Tipped For $340,000 Target If This Support Level Holds – Details
A prominent crypto analyst with X username PlanD has backed Bitcoin to maintain its uptrend despite some significant price retracement in the past week. Notably, PlanD states the premier cryptocurrency remains on course for a $340,000 price point but only if a specific support zone remains valid. Bitcoin Bullish Momentum Hinges On $91,000 – $100,000…
Bitcoin Price Eyes New Gains — Is the Next Leg Higher Starting?
Bitcoin price started a fresh decline and tested the $103,200 zone. BTC is now consolidating and might aim for a recovery wave above $106,000. Bitcoin started a fresh decline below the $106,500 zone. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with…
Is Bitcoin Price Doomed For $93K? Technical Indicators Paint A Bearish Image
The Bitcoin price has not quite been able to maintain the bullish momentum that saw it climb to a new all-time high last week. Instead, the premier cryptocurrency has succumbed to bearish pressure over the past few days, falling about 7% from its record-high price. Unfortunately, the Bitcoin price seems to be at the start…