Tag Archives: digital asset

Bitcoin Hits Its Most Oversold Level Since August 2024 – Is A Rebound Coming?

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Bitcoin (BTC) has declined by more than 10% in the last two weeks, falling from approximately $98,000 to around $86,000 at the time of writing. The high selling pressure has pushed the flagship cryptocurrency to oversold levels it had not seen since August 2024. Bitcoin Is Oversold, Time To Buy? According to an X post… Continue reading Bitcoin Hits Its Most Oversold Level Since August 2024 – Is A Rebound Coming?→

Not Time To Buy Yet? Bitcoin Faces Pressure As Standard Chartered Predicts Further 10% Drop

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Earlier this morning, Bitcoin (BTC) hit a yearly low of $86,888 amid a broader market downturn. According to data from CoinGlass, the crypto market sell-off led to over $1.5 billion in liquidations in the past 24 hours, impacting 394,944 traders. More Downside For Bitcoin? After trading in the mid-$90,000 range for several weeks, BTC crashed… Continue reading Not Time To Buy Yet? Bitcoin Faces Pressure As Standard Chartered Predicts Further 10% Drop→

Is Bitcoin Showing Early Signs Of Bullish Divergence? Analyst Explains

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According to a recent post on X by crypto analyst Rekt Capital, Bitcoin (BTC) may finally be showing early signs of bullish divergence. If this pattern plays out, BTC could target the $101,000 level as its first milestone before moving higher. Bitcoin Showing Signs Of Bullish Divergence? Analyst Weighs In Since the beginning of February,… Continue reading Is Bitcoin Showing Early Signs Of Bullish Divergence? Analyst Explains→

Bitcoin Presents A ‘Generational Opportunity’ As Global Turmoil Intensifies, Says Bitwise Executive

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In a post on X published yesterday, Jeff Park, Head of Alpha Strategies at Bitwise, stated that Bitcoin (BTC) currently presents a “generational opportunity” amid intensifying global macroeconomic turmoil.  Park pointed to factors such as US President Donald Trump’s proposed trade tariffs, concerns over the US debt ceiling, and the growing sentiment of deglobalization as… Continue reading Bitcoin Presents A ‘Generational Opportunity’ As Global Turmoil Intensifies, Says Bitwise Executive→

Bitcoin At Risk? Analyst Says Breaking This Price Level Could Spark Significant Volatility

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Bitcoin (BTC) has faced heightened volatility in recent weeks, initially driven by Donald Trump’s proposed trade tariffs and later exacerbated by the latest Consumer Price Index (CPI) data. The inflation report sent BTC plummeting to as low as $94,000 before it managed to recover some losses. However, according to crypto analyst Ali Martinez, Bitcoin must… Continue reading Bitcoin At Risk? Analyst Says Breaking This Price Level Could Spark Significant Volatility→

Bitcoin Slides To $94,000 After CPI Surprise – Will The Downtrend Continue?

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Bitcoin (BTC) reacted sharply to today’s hotter-than-expected US Consumer Price Index (CPI) report, dropping from around $96,600 to as low as $94,088. Notably, BTC was already trending downward due to escalating geopolitical tensions following Donald Trump’s proposed tariffs on all aluminum and steel imports. Bitcoin Slumps Amid Surprising Inflation Data The latest US inflation data… Continue reading Bitcoin Slides To $94,000 After CPI Surprise – Will The Downtrend Continue?→

Is Ethereum ‘Most Hated Rally’ About To Begin? Analyst Finds Bitcoin Cycle Similarities

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After a relatively subdued price performance in 2024, Ethereum (ETH) could be on the verge of a significant breakout. A recent analysis by a well-known crypto analyst suggests that the second-largest digital asset may soon enter what they call its “most hated rally.” Is It Finally Ethereum’s Time To Shine? Since reaching its all-time high… Continue reading Is Ethereum ‘Most Hated Rally’ About To Begin? Analyst Finds Bitcoin Cycle Similarities→

Ethereum Short Positions Surge 500% In 3 Months – What’s Behind The Bearish Sentiment?

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Ethereum (ETH), the second-largest cryptocurrency by reported market cap, is facing unprecedented short selling from hedge funds. Notably, short positions in ETH have soared by 500% since November 2024, indicating heightened bearish sentiment toward the digital asset. Institutional Investors Losing Faith In Ethereum? According to a recent post on X by The Kobeissi Letter, Ethereum… Continue reading Ethereum Short Positions Surge 500% In 3 Months – What’s Behind The Bearish Sentiment?→

Bitcoin Struggles To Hold $100,000 As China Strikes Back With US Import Tariffs – More Downside For BTC?

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Bitcoin (BTC) enjoyed a brief sigh of relief yesterday as the US delayed its proposed 25% trade tariffs on Mexico and Canada by a month. However, the US proceeded with its 10% tariffs on China, prompting retaliatory measures from Beijing. The escalation has pushed BTC back below the critical $100,000 price level. Bitcoin Suffers Amid… Continue reading Bitcoin Struggles To Hold $100,000 As China Strikes Back With US Import Tariffs – More Downside For BTC?→

Bitcoin 4-Hour RSI Hits Oversold Zone – Is A BTC Rebound Near?

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Bitcoin (BTC) has had a volatile 24 hours, plunging from $99,500 to as low as $91,231 amid mounting concerns over impending US trade tariffs on Canada, Mexico, and China. However, some crypto analysts see this sharp decline as a buying opportunity, suggesting that BTC may be oversold and poised for a rebound. Is Bitcoin Poised… Continue reading Bitcoin 4-Hour RSI Hits Oversold Zone – Is A BTC Rebound Near?→