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The Bitcoin price has turned bearish after hitting a new all-time high above $111,000 back in May. This turn in the tide was expected as the rally put Bitcoin holders in massive profit, showing a risk of profit-taking that could tank the price. So far, the price is already down by 6% % from its… Continue reading Bitcoin Price Risks Break Down To $92,000 As It Enters Accumulation Phase
A prominent crypto analyst with X username PlanD has backed Bitcoin to maintain its uptrend despite some significant price retracement in the past week. Notably, PlanD states the premier cryptocurrency remains on course for a $340,000 price point but only if a specific support zone remains valid. Bitcoin Bullish Momentum Hinges On $91,000 – $100,000… Continue reading Bitcoin Tipped For $340,000 Target If This Support Level Holds – Details
Bitcoin advocate Max Keiser has questioned whether new Bitcoin treasury companies will show the same commitment as Strategy co‐founder Michael Saylor. According to Keiser’s May 30 X post, Saylor kept buying Bitcoin through past market drops without selling, even when his holdings were underwater. He pointed out that Strategy’s imitators have yet to face a… Continue reading Bitcoin Maxi Max Keiser Isn’t Buying The Hype Around New Crypto Holding Companies
Although the past 24 hours have been characterized by heavy selloffs, Bitcoin is still currently holding above the $100,000 level, trading around $103,700 as of the time of writing. Notably, signs of exhaustion are also beginning to surface for Bitcoin, especially in the past 48 hours. While long-term indicators suggest a bullish continuation for the… Continue reading Bitcoin Price Trend Above $100,000: The Good News And The Bad News
Over the weekend, Bitcoin’s price extended its disappointing performance, falling to around $103,000 in the early hours of Saturday, May 31st. While the premier cryptocurrency seems to have recovered fine in the past day, its price is still more than 6% away from the recently achieved all-time high of $111,814. Interestingly, the latest on-chain data… Continue reading $202 Million In Long Liquidations Rock Bitcoin Market — What’s Next For BTC Price?
Bitcoin’s price action has drawn a sharp dividing line between long-term bullish expectations and short-term reality. After peaking above $111,000 in May, the Bitcoin price has entered a retracement phase and is now trading below $105,000. While some interpret the current downturn as a sign of a weakening trend, others see it as a textbook… Continue reading Bitcoin Still Bullish, But $200,000 Off The Table And $137,000 In Sight
The Bitcoin price has not quite been able to maintain the bullish momentum that saw it climb to a new all-time high last week. Instead, the premier cryptocurrency has succumbed to bearish pressure over the past few days, falling about 7% from its record-high price. Unfortunately, the Bitcoin price seems to be at the start… Continue reading Is Bitcoin Price Doomed For $93K? Technical Indicators Paint A Bearish Image
The price of Bitcoin has dropped by nearly 4% over the last seven days, indicating the waning bullish momentum in the largest cryptocurrency market. This recent sluggishness has called into question the strength of the latest bull rally that saw the market leader climb to a new all-time high last week. According to an investment… Continue reading Bitcoin Sharpe Ratio Says It’s Time For ‘Cautious Optimism’ — Further Upside Growth Incoming?
Data shows a large number of long liquidations have occurred in the cryptocurrency market as Bitcoin and other assets have plunged. Crypto Liquidations Have Surpassed $712 Million Over The Past Day According to data from CoinGlass, chaos has occurred on the derivatives market following the volatility Bitcoin and the company have gone through during the last… Continue reading Crypto Bulls See $644M Bloodbath As Bitcoin Dips Below $105,000
In an interview with Korean crypto researcher Juhyuk Bak, also known as @JuhyukB, Capriole Investments CEO Charles Edwards laid out a striking divergence in the crypto asset markets: while Bitcoin could double this year, altcoins remain structurally impaired and far from any meaningful rotation. Bitcoin Could Hit $200,000 This Year Speaking from the perspective of… Continue reading Bitcoin Will Soar, Altcoins Won’t—Charles Edwards Explains Why