Bitcoin may struggle to move above $94,000 after its failed attempt to reclaim the price level two days ago, Bitfinex analysts say. “Any recovery to take the price back above $94,000 might face significant resistance,” Bitfinex analysts said in a March 3 markets report. Bitcoin (BTC) fell below $94,000 on March 2 and has yet…
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Bitcoin’s price will continue to experience volatility until genuine buyers start entering the market, rather than traders seeking arbitrage opportunities, according to a crypto venture capitalist. “This is a classic case of liquidity games. ETFs didn’t just bring in long-term holders — they brought in hedge funds running short-term arbitrage,” Master Ventures founder Kyle Chasse…
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Bitcoin has fallen under $80,000 for the first time since November amid mounting macroeconomic uncertainty over US President Donald Trump’s proposed tariffs. On Feb. 27, Bitcoin plummeted to $79,752, according to TradingView data. The price 2.65% decline over the past hour led to $80.28 million in long positions liquidated, per CoinGlass data. Bitcoin last traded…
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Bitcoin’s price could be approaching its bottom this cycle as it lingers below $83,000 and market sentiment remains fearful, according to the founder of a crypto fund. “Some broader macro data still looks poor, but it also wouldn’t surprise me if we put in a near-term floor locally given the significant level of fear and…
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The Index, which measures overall sentiment in the crypto market, has not seen levels this low since the collapse of multiple crypto firms in 2022. Source link
Assure DeFi CEO and crypto analyst Chapo predicts Market-Value-to-Realized-Value will peak around 3.2 this cycle, signaling the market top. Source link
Swyftx lead analyst Pav Hundal warns against going all-in on a quick correction but remains bullish on the month ahead and beyond. Source link
Binance CEO Richard Teng says that crypto markets generally ”bounce back with remarkable resilience” after volatility due to macroeconomic events. Source link
A crypto trader says a move back to $106,000 is needed for Bitcoin to confirm another uptrend. However, some think a dip to $85,000 is still on the table. Source link
Indian authorities have seized nearly $190 million worth of crypto tied to the notorious BitConnect Ponzi scheme, which collapsed in 2018. Source link