Tag Archives: Bitcoin Bottom

Bitcoin Needs Weekly Close Above This Level To Confirm Market Bottom, Analyst Says

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In an X post published yesterday, crypto analyst Matthew Hyland highlighted that according to the weekly timeframe chart, Bitcoin (BTC) is likely to test the support level between $69,000 to $74,000 in the coming months.  Is The Bitcoin Bottom In? Hyland noted that BTC’s weekly resistance level currently hovers around the $90,500 level. The analyst… Continue reading Bitcoin Needs Weekly Close Above This Level To Confirm Market Bottom, Analyst Says→

Bitcoin Bottom Confirmed? Data Shows 87.5% Chance The Worst Is Over

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In the ongoing debate over Bitcoin’s market trajectory, two prominent crypto analysts have shared contrasting viewpoints on X, underscoring the community’s divided sentiment. While one maintains that a drastic downturn remains possible, the other posits that the worst of the market downturn has already passed—citing a notable 87.5% probability. Bitcoin Bears In Trouble? Crypto analyst… Continue reading Bitcoin Bottom Confirmed? Data Shows 87.5% Chance The Worst Is Over→

Bitcoin To Bottom Around $70,000? Arthur Hayes Says Correction ‘Very Normal’ In A Bull Market

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According to crypto entrepreneur Arthur Hayes, Bitcoin (BTC) is likely to bottom around $70,000, marking a 36% correction from its latest all-time high (ATH) of $108,786. Hayes stated that such corrections are “very normal” in a bull market. Bitcoin To Dip Further? Yesterday, Bitcoin hit a four-month low of $76,606 as both the global cryptocurrency… Continue reading Bitcoin To Bottom Around $70,000? Arthur Hayes Says Correction ‘Very Normal’ In A Bull Market→

Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner?

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Earlier today, Bitcoin (BTC) dropped below $80,000 for the first time in over three months. According to data from Binance, BTC hit a low of $78,258, filling the Chicago Mercantile Exchange (CME) gap between $78,000 and $80,000. Bitcoin Fills CME Gap, Is It Time For Rebound? With today’s dip, BTC has now filled every CME… Continue reading Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner?→

Bitcoin Forms Rounding Bottom – Expert Sees Push To $100K Next Week

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Bitcoin has been trading sideways in a tight consolidation range, staying below key supply levels while holding strong above crucial demand zones. This phase of indecision has divided market sentiment, with many leaning toward a bullish trend that could result in an aggressive move in the coming days. While uncertainty lingers, analysts are optimistic that… Continue reading Bitcoin Forms Rounding Bottom – Expert Sees Push To $100K Next Week→

Bitcoin Coinbase Premium Sinks To Lowest Since FTX Crash: Bottom In?

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Data shows the Bitcoin Coinbase Premium Index has witnessed a plunge to two-year lows recently. Here’s what this could mean for BTC’s price. Bitcoin Coinbase Premium Index Has Plummeted Over The Past Month As explained by an analyst in a CryptoQuant Quicktake Coinbase Premium Index” here refers to an indicator that keeps track of the… Continue reading Bitcoin Coinbase Premium Sinks To Lowest Since FTX Crash: Bottom In?→

Bitcoin Sentiment Still Close To Extreme Greed: More Cooldown Needed For Bottom?

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Data shows the Bitcoin market sentiment is still quite close to the extreme greed zone, a potential sign that a further price cooldown may be needed before a bottom. Bitcoin Fear & Greed Index Still Has A High Greed Value The “Fear & Greed Index” refers to an indicator created by Alternative that tells us… Continue reading Bitcoin Sentiment Still Close To Extreme Greed: More Cooldown Needed For Bottom?→