Bitcoin Rainbow Chart Says Price Is Ranging Above $60,000 For A Reason, Here’s Why

Crypto analyst Kabuki has explained why the Bitcoin rainbow chart shows that the price range is above $60,000. The analyst noted that BTC is mirroring past cycles and suggested that a base may be forming soon for the leading crypto.  Bitcoin Rainbow Chart Shows Why Price Is Ranging In an X post, Kabuki said that… Continue reading Bitcoin Rainbow Chart Says Price Is Ranging Above $60,000 For A Reason, Here’s Why

Underdog Bitcoin Miner Bags $210,000 BTC In Stunning Block Discovery

A 33-day dry spell for solo Bitcoin miners ended last week when one small operator cracked a block that, statistically, should not have been cracked for decades. One Miner, One Block, One Very Long Shot The winning miner earned 3.139 BTC — worth roughly $210,000 — after successfully validating block 943,411 on April 3. The… Continue reading Underdog Bitcoin Miner Bags $210,000 BTC In Stunning Block Discovery

Can An Altcoin Season Come Again? Why Bitcoin Price Can’t Fall Below $40,000

Bitcoin has been holding above $65,000 for over a month now, and this price level is starting to carry more weight than it seems on the surface. The current structure is no longer just about short-term volatility, but a question about whether the market is building a base or setting up for one more lower… Continue reading Can An Altcoin Season Come Again? Why Bitcoin Price Can’t Fall Below $40,000

Bitcoin Sits 45% Below Its Peak As Short Sellers Absorb $276M In Losses

West Texas Intermediate crude has hit $115 a barrel, gasoline prices in the US are up nearly 40% since late February, and Bitcoin is still trying to break through a wall it has failed to climb six times now. That is the world Bitcoin finds itself in on Monday as it briefly touched $69,550 —… Continue reading Bitcoin Sits 45% Below Its Peak As Short Sellers Absorb $276M In Losses

These 3 Signals Mark Bear Market Exits—Bitcoin Has Yet To Trigger Them

Bitcoin is still far from triggering the three signals that have historically appeared at the end of bear markets, according to analyst Willy Woo. Bitcoin Is Still Trading Far Below The Cost Basis Of Recent Investors In a new bear markets. The first signal is the price breaking the cost basis of the short-term holders… Continue reading These 3 Signals Mark Bear Market Exits—Bitcoin Has Yet To Trigger Them

Bitcoin Mood Sours To Levels Not Seen Since Late February

Bitcoin is sitting just below $70,000, but the sharper signal may be in the derivatives market: roughly $6 billion in short positions would be forced out if the price climbs to $72,500, according to data from Santiment. That comes as Bitcoin keeps testing the same ceiling again and again, with the market showing signs of… Continue reading Bitcoin Mood Sours To Levels Not Seen Since Late February

Bitcoin Next Big Move In Mid-April? Analyst Explains Why ‘Decision Time’ Could Be Near

As Bitcoin (BTC) attempts to reclaim a key resistance area, an analyst has suggested that the end of BTC’s two-month consolidation could be weeks away, potentially opening “generational opportunities” before the next bull run. Bitcoin Consolidation’s End May Be Weeks Away On Monday, Bitcoin jumped 5% from Sunday’s lows to a key area for the… Continue reading Bitcoin Next Big Move In Mid-April? Analyst Explains Why ‘Decision Time’ Could Be Near

Strategy Signals Fresh Bitcoin Buy As Saylor Tweets ‘Back To Work’

With Bitcoin trading near $69,000, Strategy is sitting on an unrealized loss on its large cryptocurrency holdings, yet the company’s founder shows no sign of pulling back. Saylor’s Orange Dot Returns Michael Saylor posted what followers recognized immediately: the orange dot chart his company uses to signal a fresh round of Bitcoin buying. The post,… Continue reading Strategy Signals Fresh Bitcoin Buy As Saylor Tweets ‘Back To Work’

Analyst Says Bitcoin Hasn’t Seen A True Bottoming Formation Yet, What This Means For Price

Crypto analyst LP has declared that Bitcoin hasn’t seen a true bottoming formation yet, despite the price looking to form strong support at current levels. This comes as BTC looks to reclaim the psychological $70,000 amid talks of a ceasefire between the U.S. and Iran.  Bitcoin Is Still At Risk As The Price Is Yet… Continue reading Analyst Says Bitcoin Hasn’t Seen A True Bottoming Formation Yet, What This Means For Price

Analyst Who Called Bitcoin Price Crash Above $100,000 Predicts Crash To $29,000

The Bitcoin price has surged back above $69,000 after experiencing a major decline last week. While the price appears to be rebounding from the downtrend, a market analyst has warned that the BTC could still face another price crash. After projecting its decline from above $100,000, the analyst now forecasts a price plunge to $29,000,… Continue reading Analyst Who Called Bitcoin Price Crash Above $100,000 Predicts Crash To $29,000