Bitcoin Breaks Key Support, Analyst Signals Lower Levels Ahead

Bitcoin’s price action has fallen into bearish territory afterchange in the technical structure.  According to his detailed Elliott Wave analysis shared on X, the price action has now invalidated the bullish framework many traders were relying on, and lower levels are becoming more likely in the coming weeks and months. Breakdown Below Previous Low Changes… Continue reading Bitcoin Breaks Key Support, Analyst Signals Lower Levels Ahead

Bitcoin Air Pocket Presents Potential Fall To $73,000 – Details

Bitcoin bearish sentiments continue to dominate the market, after prices fell below the key $80,000 on January 31, resulting in a new wave of market liquidations. Interestingly, a pseudonymous analyst with the username CryptoMe has identified an “air pocket” in the present price structure, which potentially points to the downside target of this recent price… Continue reading Bitcoin Air Pocket Presents Potential Fall To $73,000 – Details

Here’s Why Bitcoin Fall Below $80,000 Could Be A Deep Pit – Analyst

In the past few hours, Bitcoin has dropped below $80,000 amid another wave of liquidations as January comes to a rather volatile close. Analysts at Kobeissi note there have been three notable liquidation events in the past 12 hours, resulting in a combined loss of $1.3 billion. Such developments, coupled with a very fearful market… Continue reading Here’s Why Bitcoin Fall Below $80,000 Could Be A Deep Pit – Analyst

Bitcoin Historical Performance Shows How Low The Price Will Go Before A Bottom

Crypto analyst Maelius has alluded to Bitcoin’s historical performance to provide insights into how low the flagship crypto could drop before it reaches a bottom. He also alluded to the BTC.d, which he explained shows that BTC has yet to reach a bottom.  How Low Can Bitcoin Drop Before Finding A Bottom In an X… Continue reading Bitcoin Historical Performance Shows How Low The Price Will Go Before A Bottom

Bitcoin Adjusted SOPR Shows Market At Pivotal Junction — What’s Next?

Over the past week, the Bitcoin market experienced new waves of liquidations with prices dropping to around $81,000 on Thursday. Though the premier cryptocurrency has seen a slight rebound since then, bearish sentiments remain dominant with analysts expecting a potential decline to as low as $56,000. Amid this recent correction, a developing on-chain situation has reached… Continue reading Bitcoin Adjusted SOPR Shows Market At Pivotal Junction — What’s Next?

Crypto Funds Bleed $1.80 Billion As Metals Rally Heats Up

Investors stepped back this week as a mix of shifting bets and quick profit-taking pushed money out of spot crypto ETFs. Markets moved fast, and some of the biggest swings were driven by short-term reactions rather than a change in long-term views. Spot Crypto ETF Flows Based on reports from Farside, US-based spot Bitcoin ETFs… Continue reading Crypto Funds Bleed $1.80 Billion As Metals Rally Heats Up

Bitcoin Slips Below This Key Zone — Is A Final Flush Coming?

Bitcoin has once again fallen below a critical support zone, raising questions about whether the market is gearing up for a deeper sell-off. With selling pressure still intact, traders are now watching key levels closely to see if a final flush toward lower support is imminent. Price Faces Another Rejection MakroVision Research rejection, resulting in… Continue reading Bitcoin Slips Below This Key Zone — Is A Final Flush Coming?

Bitcoin Estimated Leverage Ratio Spikes To New High — Fresh Volatility Ahead?

After surging toward the $100,000 mark a few days into the new year, the price of Bitcoin looks set to end January in stark contrast to how it started the month. On Thursday, January 29, the flagship cryptocurrency fell to a multi-month low of around $81,500, with the general market sentiment worsening over the past… Continue reading Bitcoin Estimated Leverage Ratio Spikes To New High — Fresh Volatility Ahead?

Bitcoin’s Slide To $82K Sets Off A $1.7 Billion Chain Reaction

Bitcoin slid sharply this week, hitting just above $82,000 in early US trading and triggering a wide purge of crowded positions. Based on data from Coinglass, roughly 270,000 accounts were wiped out across exchanges in the past day, and close to $1.70 billion in total liquidations was recorded. Many of the losses came from traders… Continue reading Bitcoin’s Slide To $82K Sets Off A $1.7 Billion Chain Reaction

Here’s Why The Bitcoin And Ethereum Prices Are Still Trading Sideways

Cryptocurrency markets have shown limited momentum this week, with both Bitcoin and Ethereum lingering in narrow price ranges. This price action comes on the heels of the US Federal Reserve’s decision to keep interest rates unchanged. Traders and investors appeared to have taken a wait-and-see approach, leaving the largest digital assets stuck in consolidation without… Continue reading Here’s Why The Bitcoin And Ethereum Prices Are Still Trading Sideways