Tag Archives: bitcoin

Analyst Reveals Why Bitcoin Price Must Crash To $42,000 First

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Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move… Continue reading Analyst Reveals Why Bitcoin Price Must Crash To $42,000 First→

Strategy Sells Bitcoin For First Time Since 2022 Tax-Loss Trade

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Strategy sold a small portion of its Bitcoin holdings last week, marking the company’s first disclosed BTC sale since its December 2022 tax-loss harvesting transaction. The sale is notable less for its size than for what it signals: Strategy is now willing to use a sliver of its Bitcoin stack to service the preferred equity… Continue reading Strategy Sells Bitcoin For First Time Since 2022 Tax-Loss Trade→

Bitcoin Bottom Not In Yet? Analyst Sees Higher Odds Of Drop Below $61K

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Bitcoin’s derivatives market has yet to fully heal from a violent shakeout last October, when roughly 71,000 BTC worth around $11 billion was wiped from open interest across major exchanges. Total open interest has not recovered to pre-event levels, leaving a gap of more than 24,000 BTC that signals many traders are still sitting on… Continue reading Bitcoin Bottom Not In Yet? Analyst Sees Higher Odds Of Drop Below $61K→

The Bitcoin Retracement Rally And The Resistance Level That Could End It All

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Bitcoin saw its price retrace after initially moving upwards and clearing the resistance at $80,000. Eventually, though, the price ended up hitting major resistance at $82,000 and falling back downward. Now, the Bitcoin price seems to be stuck in a sideways movement that threatens to be the end of the recovery. However, this might not… Continue reading The Bitcoin Retracement Rally And The Resistance Level That Could End It All→

Strive Seeks $4.2 Billion ATM Expansion To Fund More Bitcoin Purchases

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Strive is preparing to expand its capital-raising capacity by $4.2 billion as the Bitcoin treasury company looks to fund additional BTC purchases, extending one of the fastest accumulation campaigns among public corporate holders. Chief executive Matt Cole said the company expects to increase the size of both its ASST and SATA at-the-market programs by $2.1… Continue reading Strive Seeks $4.2 Billion ATM Expansion To Fund More Bitcoin Purchases→

Bitcoin Outlook Hinges On A Handful Of Critical Price Zones

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Bitcoin is approaching a pivotal moment, with several key support and resistance levels set to determine its next major move. While bulls are fighting to maintain critical price zones and preserve the broader recovery structure, bears continue to pressure the market from above. Bitcoin Struggles Below $78,080 As Bears Retain Control Analyst Kamile Uray market… Continue reading Bitcoin Outlook Hinges On A Handful Of Critical Price Zones→

Has Bitcoin Bottomed At $60,000 To Return To $100,000, Or Is This Just The Start Of Another Crash?

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Bitcoin is still trading above $60,000, but there are questions as to whether that area has already become the macro bottom for this correction or whether another crash could still drag the price back into that zone. Technical analysis using Bitcoin’s weekly RSI, prior cycle support, and the 21-week and 50-week EMA trend presents the bullish… Continue reading Has Bitcoin Bottomed At $60,000 To Return To $100,000, Or Is This Just The Start Of Another Crash?→

Bitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom

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Bitcoin’s recovery attempts are still being judged against a larger structure that has controlled price action for months. An interesting technical analysis of the daily candlestick timeframe chart shows that Bitcoin is still following a descending channel, with every major rebound failing near the upper diagonal and every major sell-off finding a reaction near the… Continue reading Bitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom→

Bitcoin Price Teeters Near The Edge As Bears Eye Another Breakdown

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Bitcoin price started a fresh decline below the $73,800 zone. BTC is consolidating and might continue to move down if it dips below $72,500. Bitcoin failed to stay above $74,200 and extended losses. The price is trading below $73,800 and the 100 hourly simple moving average. There was a break below a rising channel with… Continue reading Bitcoin Price Teeters Near The Edge As Bears Eye Another Breakdown→

Bitcoin Trend That Has Held For 15 Years Shows When To Expect The Bottom And When $400,000 Will Happen

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Crypto analyst Blade has pointed to a Bitcoin trend that could signal when the leading crypto could find a bottom in this bear market cycle. The analyst also suggested that BTC could rally to as high as $400,000 in the next bull market.  Bitcoin Trend Which Points To When BTC Could Bottom In an X… Continue reading Bitcoin Trend That Has Held For 15 Years Shows When To Expect The Bottom And When $400,000 Will Happen→