Key takeaways: Bitcoin price needs to hold above $110,000 to avoid further losses. The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak. Bitcoin’s (BTC) price saw modest gains on Wednesday, rising 0.9% over 24 hours to trade at around $111,000. Several analysts said the next most…
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Key takeaways: Bitcoin price is down 11% from its all-time high, dropping to $111,000 on Monday. $108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $95,000. Bitcoin (BTC) sellers emerged again on Monday as the drop to $111,000 resulted in a large liquidation of leveraged long positions across…
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Key takeaways: Bitcoin surged 5% to $117,300 after Federal Reserve Chair Jerome Powell hinted at an upcoming interest rate cut, liquidating $379.88 million in shorts. Analysts say the BTC “uptrend is back,” with the potential to hit $200,000 before the end of the year. Bitcoin (BTC) took out the ask liquidity above $117,000 on Friday…
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Key takeaways: BTC’s 700% rally from $15,500 to $124,500 suggests a market top in 2 to 3 months, based on past cycles. Bitcoin supply in profit has been elevated for 273 days, signaling a potential cycle peak soon. Bitcoin risks dropping into the $90,000-$100,000 range if the psychological support at $110,000 is lost. Bitcoin (BTC)…
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Key takeaways: Bitcoin volatility is expected to remain present ahead of Fed Chair Powell’s speech on Friday. Analysts say Bitcoin’s dip below $112,000 offers a “great entry” opportunity for traders. BTC price may drop as low as $110,000 if key support levels are broken. Bitcoin (BTC) has been trending down alongside the broader crypto market…
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Key takeaways: Short-term Bitcoin holders sold 20,000 BTC at a loss since Sunday. Technicals suggest pushing Bitcoin’s price below $100,000 could be a tough task for the bears. Bitcoin (BTC) price has pulled back below $116,000, as uncertainty ahead of Jerome Powell’s Jackson Hole speech led investors and traders to reevaluate risks and stay cautious.…
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Key takeaways: Bitcoin hit a new all-time high of $124,450 on Thursday, but signs of overheating are starting to appear. Several technical indicators suggest a potential top at $124,000. Bitcoin (BTC) recorded a new all-time high of $124,450 during the early Asian trading hours on Thursday. However, BTC price pulled back to $121,670 at the…
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Key takeaways: Bitcoin hinges on $115,000 support, risking a drop toward $104,000. Weekly RSI divergence points to a deeper correction. Rising NUPL signals increased profit-taking, hinting $123,000 was the local top. Bitcoin (BTC) is down on Friday, dropping below $115,000 for the first time since July 25. The inability to crack the resistance at $120,000…
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Key takeaways: Bitcoin hit a record monthly close at $115,800 on July 31. Analysts see price dropping below $115,000 as a bullish retest. August may see strong BTC gains, as post-halving years historically see 14%-65% returns. Bitcoin (BTC) has made history after BTC/USD achieved its highest monthly close on Thursday. BTC/USD monthly chart. Source: Cointelegraph/TradingView…
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Key takeaways: Fed interest-rate cut odds this week are now less than 3%, according to Polymarket. BTC price may drop as low as $112,000 if key support levels are broken. Bitcoin (BTC) price remained flat on Wednesday at $118,200, as traders adopted a wait-and-see approach amid growing macro uncertainty. BTC/USD four-hour chart. Source: Cointelegraph/TradingView 97%…
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