Tag Archives: btc

Bitcoin Price Sinks Deeper, Is a Larger Breakdown Now Unfolding?

Posted on by — No Comments ↓

Bitcoin price started a sharp decline from well above $72,000. BTC is now consolidating and might extend losses unless there is a close above $70,000. Bitcoin started a sharp decline below $71,200 and $70,500. The price is trading below $70,500 and the 100 hourly simple moving average. There is a bearish trend line forming with… Continue reading Bitcoin Price Sinks Deeper, Is a Larger Breakdown Now Unfolding?→

If Bitcoin Price Doesn’t Hold Take And Hold $69,000 With Momentum, It Could Get Very Bad

Posted on by — No Comments ↓

The Bitcoin price broke below $70,000 over the weekend, effectively erasing the gains from the previous week. This move puts the cryptocurrency in a perilous position as the bulls are now hard-pressed to find another major support or risk the decline going deeper from here. According to one analyst, Bitcoin bulls will have to reclaim… Continue reading If Bitcoin Price Doesn’t Hold Take And Hold $69,000 With Momentum, It Could Get Very Bad→

Gear Up! New Bitcoin Bull Market Is About To Begin — Time To Buy?

Posted on by — No Comments ↓

The price of Bitcoin has continued to hover around the $70,000 level this weekend, establishing a choppy structure above this psychological level. According to the latest on-chain data, a significant buy alarm has gone off for BTC, indicating the potential start of a bull market. Has BTC Price Reached Its Cycle Bottom? On Saturday, March… Continue reading Gear Up! New Bitcoin Bull Market Is About To Begin — Time To Buy?→

Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War

Posted on by — No Comments ↓

Bitcoin quietly gained ground while gold crumbled. That contrast has become one of the more telling stories to emerge from weeks of escalating conflict in the Middle East, as the two assets — long compared as competing stores of value — have moved in sharply opposite directions since the US and Israel launched strikes on… Continue reading Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War→

Bitcoin Hovering Near $71,000 While A Bigger Move Brews Beneath

Posted on by — No Comments ↓

Bitcoin is hovering near the $71,000 mark, consolidating after recent swings as the market digests key liquidity zones. While price remains contained, underlying technical signals suggest a larger move may be brewing, with both upside breakouts and downside sweeps on the horizon. A Bounce Back To $71,000 After Channel Support Holds Crypto analyst Columbus support.… Continue reading Bitcoin Hovering Near $71,000 While A Bigger Move Brews Beneath→

The Bear Market Divergence That Shows What’s Really Going On With Bitcoin

Posted on by — No Comments ↓

Crypto analyst Ardi has pointed to a bear market divergence to explain what has been going on with Bitcoin’s price for a while now. His analysis comes just as BTC continues to struggle to hold above $70,000 amid the U.S.-Iran war and rising oil prices.  Analyst Explains What Is Happening With Bitcoin as Price Struggles… Continue reading The Bear Market Divergence That Shows What’s Really Going On With Bitcoin→

Over Half A Billion Dollars Wiped Out As Bitcoin Locks In At $70,000

Posted on by — No Comments ↓

Whale wallets quietly shifted to buying mode over the past two weeks — even as the broader crypto market absorbed one of its worst single-day liquidation events in recent memory. A Massive Options Expiry Freezes The Price Friday’s settlement of Deribit’s March options contracts has effectively put Bitcoin on hold. The expiry involves 24,838 contracts… Continue reading Over Half A Billion Dollars Wiped Out As Bitcoin Locks In At $70,000→

Bitcoin Holds At $69,000— Glassnode Data Shows What To Expect Through Late March

Posted on by — No Comments ↓

Bitcoin (BTC) has settled back into the familiar consolidation band between roughly $65,000 and $74,000 after a short-lived attempt to clear higher resistance walls at around $76,000 earlier in the week failed.  Trading around $69,000 at the time of writing, on-chain analytics from Glassnode and market commentary from analysts suggest the market is likely to… Continue reading Bitcoin Holds At $69,000— Glassnode Data Shows What To Expect Through Late March→

Bitcoin Shark & Whale Wallets Jump Despite Bearish Price Action

Posted on by — No Comments ↓

On-chain data shows the Bitcoin sharks and whales have seen their population grow during the last three months, despite the price witnessing an overall downtrend in this window. Bitcoin Sharks & Whales Saw A 3.9% Jump In Address Count Over Last 3 Months In a new sharks and whales. The “Supply Distribution” here refers to… Continue reading Bitcoin Shark & Whale Wallets Jump Despite Bearish Price Action→

Bitcoin Price Could Visit $43K Before Next Bull Market — Here’s How

Posted on by — No Comments ↓

For the first time in nearly two months, the Bitcoin price had a sustained run above the psychological $70,000 level over the past week. However, the increased likelihood of potential interest rate hikes by the US Federal Reserve on Friday, March 20, seems to have elevated market apprehension. Interestingly, an on-chain evaluation suggests that the… Continue reading Bitcoin Price Could Visit $43K Before Next Bull Market — Here’s How→