Tag Archives: Bitcoin News

Bitcoin Struggles To Hold $100,000 As China Strikes Back With US Import Tariffs – More Downside For BTC?

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Bitcoin (BTC) enjoyed a brief sigh of relief yesterday as the US delayed its proposed 25% trade tariffs on Mexico and Canada by a month. However, the US proceeded with its 10% tariffs on China, prompting retaliatory measures from Beijing. The escalation has pushed BTC back below the critical $100,000 price level. Bitcoin Suffers Amid… Continue reading Bitcoin Struggles To Hold $100,000 As China Strikes Back With US Import Tariffs – More Downside For BTC?→

After The Bitcoin Crash: Will It Rise Or Drop Again? 5 Key Indicators

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In the aftermath of yesterday’s Bitcoin crash, market participants are closely examining whether the leading cryptocurrency by market capitalization can rebound or if it faces the prospect of another decline. In a post shared on X today, February 4, on-chain analysis data provider Lookonchain offered insights into five critical indicators that may help traders and… Continue reading After The Bitcoin Crash: Will It Rise Or Drop Again? 5 Key Indicators→

Bitcoin Price On The Brink: Failure To Hold This Level May Trigger Crash To $74,000

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Bitcoin (BTC) and other cryptocurrencies are experiencing renewed selling pressure as escalating trade tensions between the United States and China lead to fresh tariffs on both sides. The largest cryptocurrency dropped to as low as $91,000 on Monday, while major altcoins like Ethereum (ETH) and Solana (SOL) also faced losses. CME Bitcoin Futures Open Interest Drops… Continue reading Bitcoin Price On The Brink: Failure To Hold This Level May Trigger Crash To $74,000→

Bitcoin Price Crash To $91,000 Termed Major ‘Bear Trap’ As Optimism Returns To The Market

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Crypto analyst Merlijn has described the Bitcoin price crash to $91,000 as a major bear trap as optimism returns to the market. The flagship crypto had dropped to this level following a wave of weekend sell-offs but has since recovered above the psychological $100,000 level.  Bitcoin Price Crash To $91,000 Termed “Biggest Bear Trap” In… Continue reading Bitcoin Price Crash To $91,000 Termed Major ‘Bear Trap’ As Optimism Returns To The Market→

Bitcoin 4-Hour RSI Hits Oversold Zone – Is A BTC Rebound Near?

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Bitcoin (BTC) has had a volatile 24 hours, plunging from $99,500 to as low as $91,231 amid mounting concerns over impending US trade tariffs on Canada, Mexico, and China. However, some crypto analysts see this sharp decline as a buying opportunity, suggesting that BTC may be oversold and poised for a rebound. Is Bitcoin Poised… Continue reading Bitcoin 4-Hour RSI Hits Oversold Zone – Is A BTC Rebound Near?→

Bitcoin Market Performance Shows Signs of Distribution Cycle, Analyst Reveals

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Bitcoin market activity over the past day has been marked by turbulence, with its value falling to as low as $90,000 levels earlier today before rebounding to just above $94,000. Despite this partial recovery, the cryptocurrency remains down 5.8% over the past week and more than 13% below its all-time high of $109,000, reached in… Continue reading Bitcoin Market Performance Shows Signs of Distribution Cycle, Analyst Reveals→

Bitcoin Open Interest Crashes By $4.5 Billion In One Weekend, Spells Doom For Bulls

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Bitcoin open interest crashed by billions in one weekend, painting a bearish outlook for the flagship crypto and spells doom for BTC bulls. Despite this setback, crypto analysts have provided some optimism with their analysis, which hints at a bullish reversal soon enough.  Bitcoin’s Open Interest Crashes By $4.5 Billion Over The Weekend Coinglass data… Continue reading Bitcoin Open Interest Crashes By $4.5 Billion In One Weekend, Spells Doom For Bulls→

Bitcoin Traders Fearful For First Time Since October: Buying Signal?

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Data shows the sentiment among Bitcoin traders has plunged into the fear territory following the crash in the cryptocurrency’s price. Bitcoin Fear & Greed Index Has Plummeted During The Past Day The “Fear & Greed Index” refers to an indicator devised by Alternative that tells us about the average sentiment that’s currently present in the… Continue reading Bitcoin Traders Fearful For First Time Since October: Buying Signal?→

Despite Bitcoin Crash, Bitwise Predicts ‘Violent’ Surge Amid Trump’s Tariffs

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The Bitcoin price sank by more than 13.5% over the weekend, dropping as low as $91,201 on Binance. The sell-off followed US President Donald Trump’s announcement of new trade tariffs. The administration levied a 25% tariff on most imports from Canada and Mexico, added a 10% tax on Chinese goods, and imposed a 10% tariff… Continue reading Despite Bitcoin Crash, Bitwise Predicts ‘Violent’ Surge Amid Trump’s Tariffs→

Bitcoin Price Must Hold Above $97K To Sustain Momentum – Metrics

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Bitcoin has been trading sideways since mid-January, moving within a tight range between its all-time high and the $97,750 support level. The market remains divided, with bulls expecting a breakout into price discovery and bears speculating that the cycle top is already in. Despite this uncertainty, Bitcoin continues to hold above critical levels, keeping investors… Continue reading Bitcoin Price Must Hold Above $97K To Sustain Momentum – Metrics→