Bitcoin (BTC) charged above $69,000 on Friday as US CPI data showed cooling inflation, leading traders to hope for a short-term BTC price recovery. Key takeaways: Traders favor a short-term BTC price relief rally, but bulls must first take out the resistance at $68,000 to $70,000. Bitcoin market analysis forecasts a short squeeze toward $80,000…
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Bitcoin (BTC) sellers resumed their activity on Thursday as the Bitcoin price turned away from its intraday high of $68,300. Analysts said that Bitcoin remained in capitulation, which could push the price lower, potentially reaching a bottom during the last quarter of 2026. Key takeaways: Multiple onchain indicators suggest Bitcoin is in deep capitulation as downside…
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Fresh data from Glassnode claims that Bitcoin (BTC) could be in for another “prolonged phase of range-bound” price action if key support levels are not reclaimed. Key takeaways: Bitcoin is stuck between key cost-basis levels, predicting 2022-type consolidation unless key support levels are reclaimed. Bitcoin price needs to take out the resistance at $72,000 to…
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Bitcoin (BTC) rebounded 17% to trade near $70,000 on Monday, from its 15-month low below $60,000, as whales took advantage of discounted prices to accumulate. Key takeaways: Large investors have bought the dip to $60,000, adding at least 40,000 BTC. Bitcoin’s downside risks remain as buyers fail to push the price above $72,000. BTC/USD hourly…
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Bitcoin (BTC) rebounded above $65,000 on Friday, up 11% from 15-month lows below $60,000, as focus shifted to institutional dip buyers. Key takeaways: Bitcoin finally sees investors who are willing to “buy the dip” as prices dropped to sub-$60,000 levels. Traders have shifted their focus to $58,000 as the last line of defense for Bitcoin.…
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Bitcoin (BTC) sellers resumed their activity on Thursday as the BTC price dropped below $69,000, the lowest since Nov. 6, 2024. Analysts said that Bitcoin showed signs of “full capitulation” and a potential bottom forming, due to extreme market fear, panic selling by short-term holders and the relative strength index (RSI). Key takeaways: Short-term Bitcoin…
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Bitcoin (BTC) traded as high as $76,900 on Wednesday, up 4.5% above its 15-month low of $72,860, reached on Tuesday. However, there are increasing signs that Bitcoin’s price could experience a deeper correction over the following weeks or months. Key takeaways: Bitcoin confirms bearish technical patterns on multiple time frames, risking a deeper correction toward…
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Bitcoin (BTC) traded 5.5% above its nine-month low of $74,500 reached on Monday amid hopes of a rebound toward $85,000. Key takeaways: A “squeeze” toward $85,000 is in play as Bitcoin rebounds from multimonth lows. The return of spot Bitcoin ETF inflows could fuel BTC price recovery in the short term. Can BTC price rebound…
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Bitcoin (BTC) has finally slid below a key support level at $84,000, which has held the price since mid-November 2025. Where will BTC price action head next? Key takeaways: Bitcoin dropped to a two-month low of $81,00 on Thursday, fueled by $1.6 billion in long liquidations Some analysts forecast deeper declines in a prolonged bear…
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Bitcoin’s (BTC) pre-FOMC rally on Wednesday stalled at $90,000 amid stiff overhead resistance and weak ETF demand. Still, several data points suggested that upward momentum may increase once the BTC/USD pair breaks above $93,000. Key takeaways: BTC bulls must flip the $90,000-$93,000 into new support. Spot ETF outflows are stabilizing, suggesting a reduction in institutional…
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