Bitcoin (BTC) failed to break the $72,000 resistance on Tuesday, as onchain data suggested that BTC was entering the most “challenging” phase of the cycle. Key takeaways: Bitcoin price stays range-bound following another rejection at $72,000. Rising supply in loss suggests the most “psychologically challenging” phase of the bear market is here. Bitcoin must break…
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Bitcoin (BTC) price action liquidated shorts on Tuesday as market participants reacted to US President Donald Trump’s comments on the Iran war. Key takeaways: Bitcoin order book liquidity is increasing as BTC price rebounds to $71,000. Market participants anticipate a liquidity grab toward $72,000 next. BTC price momentum improves, with rising spot volume and strong…
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Bitcoin (BTC) displayed strength as it traded above $67,000 on Monday, after producing the first bullish weekly close in seven weeks. Meanwhile, oil prices exploded as the Middle East conflict prompted fears of a major supply shortage. Key takeaways: Bitcoin holds firm above $67,000 as oil prices surge to the highest level since 2022. The…
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Bitcoin (BTC) traded 4.5% below the $74,000 high reached on Thursday, with traders conflicted over whether this level may have marked the local top for BTC price. Key takeaways: Bitcoin charts still show similarities to the 2022 bear cycle, suggesting another leg down below $60,000 is possible. Others say the bottom is in and expect…
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While Bitcoin (BTC) remains more than 42% below its $126,000 all-time high, several technical setups suggest that the price range between $60,000 and $72,000 may be the new bottom range, before a sustained recovery. Key takeaways: Bitcoin’s double bottom pattern suggests that a reversal is underway. A bottom may form in the coming weeks as…
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Bitcoin (BTC) is up 8% on Wednesday to trade above $73,000, a level that has stopped every recovery attempt over the last three weeks. Analysts reveal why Bitcoin must hold $70,000 to secure the recovery. Key takeaways: Profit-taking on rallies to $70,000 must cool down for a sustained breakout in BTC price. Bitcoin must hold…
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Bitcoin (BTC) initially dropped before paring all losses, leaving market participants wondering what higher oil prices would mean for BTC price going forward. Key takeaways: Escalating Middle East conflict pushes oil to $79, putting Bitcoin at risk of a drop to $60,000 due to inflation shocks and delayed Fed rate cuts. BTC drops against oil…
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Bitcoin (BTC) sellers returned on Friday, pulling BTC price 5.5% below Wednesday’s high of $70,000 to trade at $65,950 at the time of writing. Several analysts said Bitcoin is “going much lower,” potentially reaching a bottom during the last quarter of 2026. Key takeaways: Analysts forecast BTC price to hit a bottom in Q4 based…
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Bitcoin bulls were battling to flip three resistance levels back into support by the end of the week, but history shows they may need to wait another month. Bitcoin (BTC) is battling three key resistance levels at once, and the end of the bear market may depend on breaking them in March. Key takeaways: Bitcoin…
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Bitcoin (BTC) tapped $70,000 during Wednesday’s New York session as bulls targeted sell liquidity. Key takeaways: BTC price support must hold above a key trendline at $68,000 for the rebound to continue. $80,000 is a key level to watch as the next big liquidation cluster above. Spot Bitcoin ETF inflows attracted half a billion dollars…
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