Category Archives: Bitcoin

Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next?

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Bitcoin (BTC) has been facing significant volatility and downward pressure lately. However, analysts warn that the downtrend may not be over yet, as projections point to a deeper price crash toward $94,000 soon. According to Bitcoin’s Elliott Wave count, the cryptocurrency is currently in a vulnerable phase that may trigger more losses, despite the market’s… Continue reading Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next?→

Bitcoin Wobbles? Metaplanet Buys Big, Breaks $1 Billion Mark

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Metaplanet has again beefed up its Bitcoin holdings. According to the Tokyo-listed investment firm, it bought 1,111 BTC on Monday for about $118.2 million. The average price paid was roughly $106,408 per coin. Bitcoin has fallen more than 5% over the last week, trading just above $101,000. Performance Metrics Climb Higher Metaplanet’s own numbers show… Continue reading Bitcoin Wobbles? Metaplanet Buys Big, Breaks $1 Billion Mark→

Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin SeasonBitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season

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The Bitcoin dominance has hit a new cycle high, providing a bearish outlook for altcoins and any potential altcoin season. Crypto analyst Finsends has commented on this development and how it could affect the altcoin season moving forward.  What’s Next As Bitcoin Dominance Hits New High? In an X post, Finsends stated that the Bitcoin… Continue reading Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin SeasonBitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season→

Bitcoin Price Crash Far From Over As Support Sits Below $90,000 – Details

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The Bitcoin price crash has been spurred on by looming war events as Iran and Israel continue to go head-to-head. Naturally, the financial markets have responded negatively to this news, and the crypto market has not been left out. Interestingly, the Bitcoin price had sat above the $100,000 psychological level for the longest. However, it… Continue reading Bitcoin Price Crash Far From Over As Support Sits Below $90,000 – Details→

Bitcoin Down But Not Out—Analyst Sees Recovery Ahead Amid Middle East War

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Bitcoin briefly slid to $98,974 late on Sunday after US airstrikes targeted Iranian nuclear facilities. That was its weakest point since early May. But by Monday morning in Asia, the leading cryptocurrency topped $101,000 again. Traders are weighing whether this was just a hiccup or the start of a fresh trend. Arthur Hayes Sees Temporary… Continue reading Bitcoin Down But Not Out—Analyst Sees Recovery Ahead Amid Middle East War→

Bitcoin Price Slips Below $102,000 — Here’s The Next Support In Sight

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The Bitcoin price had a tough start to the weekend, plummeting from its $106,000 high to just above $103,000 on Friday, June 20. The flagship cryptocurrency became somewhat stable above this price zone, hovering around the $104,000 mark for most of the past day. However, the Bitcoin price faced another wave of bearish pressure in… Continue reading Bitcoin Price Slips Below $102,000 — Here’s The Next Support In Sight→

US Bitcoin ETFs Hit 9 Days Inflow Streak Despite Price Struggles

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The spot Bitcoin ETFs (exchange-traded funds) have been in good form over the past few weeks, receiving renewed interest from investors in the United States. This recent spurt of momentum has been a rare bright spark in the crypto market, which has been overwhelmed with investor uncertainty lately. Interestingly, the typically straight line between the… Continue reading US Bitcoin ETFs Hit 9 Days Inflow Streak Despite Price Struggles→

Bears Will Be Washed Out Of Bitcoin If This Happens

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Bitcoin’s narrow price movement over the past week contradicts a much different development in the futures market. According to Axel Adler Jr., an analyst at on-chain analytics platform CryptoQuant, a sharp rise in the long liquidation dominance metric could set the stage for a significant shift in sentiment that may completely wash out bears from… Continue reading Bears Will Be Washed Out Of Bitcoin If This Happens→

Bitcoin Closes Daily Price Below 50MA – Final Bearish Signal?

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Bitcoin (BTC) continues to experience an extensive price correction losing over 7% of its market value in the last month. The flagship cryptocurrency has struggled to regain its bullish form after setting a new all-time high leading to speculations of a potential market top. Interestingly, popular market analyst and the host of The Wolf of… Continue reading Bitcoin Closes Daily Price Below 50MA – Final Bearish Signal?→

$96k Or $144k? Bitcoin Mayer Multiple Chart Price Target Options

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Bitcoin (BTC) has registered a slight uptick in the last few hours after US President Donald Trump announced a successful airstrike on Iranian nuclear facilities, a move aimed at de-escalating rising tensions in the Middle East after several days of conflict between Iran and Israel. Despite the short-term price reaction, BTC remains in a corrective… Continue reading $96k Or $144k? Bitcoin Mayer Multiple Chart Price Target Options→