Author: Cointelegraph by Biraajmaan Tamuly

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Absence of Bitcoin ‘panic selling’ suggests BTC drop below $98K is a short-term blip: Analyst

Bitcoin’s sell-off to $97,777 was followed by a healthy response from dip buyers. Is a snap back to BTC’s range highs the next logical step? Source link

Bitcoin price probably ‘chops’ between $100K to $100K range until FOMC meeting

Analysts believe US interest rates will not change, but Bitcoin price could benefit if the Federal Reserve mentions quantitative easing at the next FOMC. Source link

80% of Bitcoin short-term holders back in profit as analyst says 'FOMO in full swing'

While Bitcoin short-term holders’ profit increased, panic selling was also evident around $100,000 despite clear technical support above $95,000. Source link

Bitcoin ‘power of 3’ setup targets $103K by President-elect Trump’s inauguration day

A “power of 3” pattern popped up on Bitcoin’s chart, suggesting that prices above $100,000 will occur before President-elect Trump takes office. Source link

Bitcoin analysts explain why BTC could avoid a drop under $90K

Bitcoin whales, an increase in speculative appetite and other macroeconomic factors are playing a role in keeping BTC price above $90,000. Source link

Is the Bitcoin bull run ending? Analyst says metrics don’t point to a ‘market peak’ yet

Bitcoin’s recent price woes near $92,000 are short-term, and one analyst says traders should ignore the market noise. Source link

Bitcoin’s brief rally to $100K triggers record 5.4K BTC monthly outflow

Bitcoin price sold-off today, but heavy demand below $98,000 is prepping the market for the next leg higher. Source link

Bitcoin traders target $138K BTC price after Coinbase premium hits ‘breakeven point’

The return of the Bitcoin “Coinbase premium” could be a sign that BTC price is on the path to $138,000. Source link

Bitcoin correction ‘almost done’ as realized losses rise above weekly average

Bitcoin traders’ realized losses have likely peaked, possibly marking the bottom of the current BTC price sell-off. Source link

Double-digit drop in Bitcoin profit-taking metric hints that BTC is ‘ready’ to rally — Analyst

Bitcoin investors realized profits as BTC price hit new all-time highs throughout November. Now that the metric has reset, new highs could be in store. Source link