Category Archives: Bitcoin

Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000

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The Bitcoin price, while still holding above $100,000, has not exactly inspired confidence in the crypto community recently. This comes as the digital asset failed to break above new all-time highs during last week’s rallies and, with the Israel-Iran conflict, saw a sharp plunge, erasing its weekly gains. Amid this, the bears have gained even… Continue reading Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000→

Bitcoin 656% Cyclical Gain Highlights Deep Market Demand – Glassnode

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The Bitcoin market continues to react negatively to rising geopolitical tensions between Israel and Iran which has induced a wave of concern in the financial markets.  Notably, the premier cryptocurrency has entered a consolidation movement between $105,000 – $106,000 following slight, after prices crashed to below $103,000 on Friday. Meanwhile, prominent analytics company Glassnode has… Continue reading Bitcoin 656% Cyclical Gain Highlights Deep Market Demand – Glassnode→

Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout

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Bitcoin is still trying to regain short-term bullish momentum, as shown by its price action in the past 24 hours. After briefly slipping below $104,500, the cryptocurrency bounced back to trade above $106,000, and technical analysis now shows a technical formation that could cause the start of a more extended rally.   Interestingly, as seen in… Continue reading Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout→

Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level

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Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range looks a lot like the $31,000–$64,000 sideways move before the sharp drop in early 2022. Traders and analysts are split over whether history is about to repeat itself or if fresh demand will keep Bitcoin… Continue reading Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level→

Bitcoin Price Forms Descending Triangle Pattern Amid Israel-Iran Tensions

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The recent escalation in tensions between Israel and Iran has added a new wave of anxiety in the global markets, causing investors to adopt a more cautious stance towards investing. At the same time, Bitcoin’s technical chart is sending mixed signals that could lead to a breakout in either direction.  After a failed attempt to… Continue reading Bitcoin Price Forms Descending Triangle Pattern Amid Israel-Iran Tensions→

Bitcoin Investors Remain Calm Despite Israel-Iran Conflict Escalation

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The price of Bitcoin has managed to stay afloat over the past few days despite the growing conflict in the Middle East and the ensuing bearish pressure. The premier cryptocurrency continues to hover around the $105,000 level, with its value down by merely 0.8% in the past week. According to the latest on-chain data, the… Continue reading Bitcoin Investors Remain Calm Despite Israel-Iran Conflict Escalation→

Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields  — Analyst

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Over the past few weeks, the Bitcoin price has maintained a somewhat healthy momentum, forging minor swing highs and lows in its bull run revival. Interestingly, this early-week upward movement has been corrected following the escalating conflict between Israel and Iran.  All in all, the overall positive outlook for the premier cryptocurrency has remained, even… Continue reading Why Bitcoin Price Continues To Rise Despite Soaring Treasury Yields  — Analyst→

Bitcoin May Hit $78,500 If This Critical Support Fails – Details

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Bitcoin (BTC) prices crashed by almost 5% in the past 48 hours, with growing global tensions following an Israeli airstrike on Iran on June 12. As financial markets reacted to this news, Bitcoin prices dipped to below $103,000 before experiencing a modest rebound to climb into the $105,000 price band.  Notably, top market analyst Ali… Continue reading Bitcoin May Hit $78,500 If This Critical Support Fails – Details→

Bitcoin To See ‘Choppy’ Next Few Weeks, Will BTC Retest The Range Lows?

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After hitting a one-week low on Thursday, Bitcoin (BTC) is attempting to reclaim the key $104,000-$105,000 area as support, but some analysts have warned that a visit to its range’s lows could be in BTC’s short-term future if volatility continues. Bitcoin to Continue Choppy Performance On Thursday afternoon, Bitcoin dropped 5.5% to the $102,000 support… Continue reading Bitcoin To See ‘Choppy’ Next Few Weeks, Will BTC Retest The Range Lows?→

Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake

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Bitcoin’s recent price action has shown signs of fading momentum three weeks after reaching a new all-time high of $111,814. The leading cryptocurrency climbed back above $110,000 on Monday off the back of cooling U.S. inflation data and a temporarily weaker dollar.  However, the rally was short-lived. Profit-taking, compounded by geopolitical tensions between Israel and… Continue reading Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake→