Tag Archives: btcusd

Bitcoin Price Bounces Back—Can It Finally Break Resistance?

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Bitcoin price started a recovery wave above the $83,500 zone. BTC is now consolidating and might struggle to settle above the $85,500 zone. Bitcoin started a decent recovery wave above the $83,500 zone. The price is trading above $83,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with… Continue reading Bitcoin Price Bounces Back—Can It Finally Break Resistance?→

Warning: Bitcoin And Altcoins Fischer Transform Indicator Turn Bearish For The First Time Since 2021

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Technical expert Tony Severino has warned that the Bitcoin and altcoins Fischer Transform indicator has flipped bearish for the first time since 2021. The analyst also revealed the implications of this development and how exactly it could impact these crypto assets.  Bitcoin And Altcoins Fischer Transform Indicator Turns Bearish In an X post, Severino revealed… Continue reading Warning: Bitcoin And Altcoins Fischer Transform Indicator Turn Bearish For The First Time Since 2021→

Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge

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Bitcoin’s price correction over the past week has caused some indicators pointing to possible further declines. However, according to one analyst, the current phase could represent the last opportunity to buy before the next major rally.  Popular crypto analyst Captain Faibik, posting on social media platform X, believes that Bitcoin is ready for a bullish… Continue reading Why Buying Bitcoin Now Is Better Than Later As BTC Price Consolidates Within Falling Wedge→

Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio

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Michael Saylor’s firm, Strategy (previously known as MicroStrategy), announced a new Bitcoin (BTC) buy on Monday, March 31st of a significant $1.9 billion in BTC.  This comes despite the market’s leading cryptocurrency’s recent challenges, having plummeted 25% from its all-time high in January of this year. Interestingly, this latest acquisition marks the largest in terms… Continue reading Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio→

Bitcoin Price Struggles: Crypto Analyst Bucks Back Against Bearish Sentiment, Top Is Not In

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Amid the Bitcoin price struggles, crypto analyst BitQuant has pushed back against the idea that the top is in and instead provided a bullish outlook for the flagship crypto. He also remarked that he would reveal when the “real top” is in.   Analyst Affirms Top Isn’t In Yet Despite The Bitcoin Price Stuggles In an… Continue reading Bitcoin Price Struggles: Crypto Analyst Bucks Back Against Bearish Sentiment, Top Is Not In→

Bitcoin Bears Tighten Grip—Where’s the Next Support?

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Bitcoin price started another decline below the $85,000 zone. BTC is now consolidating and might struggle to recover above the $83,500 zone. Bitcoin started a fresh decline below the $83,500 support zone. The price is trading below $83,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance… Continue reading Bitcoin Bears Tighten Grip—Where’s the Next Support?→

Bitcoin Support Thins Below $78,000 As Cost Basis Clusters Shift Toward $95,000

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Bitcoin’s price action in the past 48 hours has seen it approaching the $80,000 price level again, with risks of breaking to the downside. Looking at on-chain data shows a notable support level between $80,920 and $78,000 that must not be broken.  Particularly, on-chain analytics from Glassnode point to a thinning of support at the… Continue reading Bitcoin Support Thins Below $78,000 As Cost Basis Clusters Shift Toward $95,000→

Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details

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By their lofty standards, the US Bitcoin spot ETFs produced a moderately positive performance last week, attracting about $200 million in netflows. This development comes amid an impressive market comeback over the past two weeks following the heavy withdrawals seen in early March. Bitcoin Spot ETFs: 10 Straight Days Of Positive Netflows According to data… Continue reading Bitcoin Spot ETFs See $197 Million Net Inflows As Q1 Closes – Details→

Bitcoin Breaks Falling Wedge – Is $110,000 The Next Stop?

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A popular market analyst with X username Satoshi Flipper has predicted that Bitcoin could experience a full market rebound after breaking out from a falling wedge pattern. The premier cryptocurrency rose to above $88,000 in this past trading week before experiencing a sudden crash on Friday driven by macroeconomic pressures. Bitcoin’s Falling Wedge Breakout Sparks… Continue reading Bitcoin Breaks Falling Wedge – Is $110,000 The Next Stop?→

Bitcoin RSI Targets Daily Retest That Triggered 2024 Price Rally, What Happened Last Time

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Crypto analyst Rekt Capital recently discussed the Bitcoin price action and provided insights into the flagship crypto’s future trajectory. Specifically, he alluded to BTC’s RSI, which is showing a similar pattern to last year, just before the rally to new highs.  Bitcoin’s RSI Targeting Daily Retest That Triggered 2024 Price Rally In an daily RSI… Continue reading Bitcoin RSI Targets Daily Retest That Triggered 2024 Price Rally, What Happened Last Time→