Bitcoin (BTC) traders highlighted multiple signals, predicting a “massive” price upswing. Still, onchain data shows that BTC price recovery could be delayed as market participants take a more defensive stance. Key takeaways: Bitcoin surged 600% in 2021 after a similar key bullish cross was confirmed. Onchain data points to persistent sell-side pressure, suggesting that a…
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Bitcoin (BTC) extended its weakness into the low-liquidity weekend trading session, with BTC slipping to a five-week low of $86,000 on Sunday. The cryptocurrency could potentially retest its macro low of $66,000 over the coming weeks, a key support level from November 2024. Key takeaways: Bitcoin dropped below $87,000 on Sunday as its momentum weakened.…
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Bitcoin (BTC) may remain pinned below $100,000 for the first half of 2026 as the market lacks bullish catalysts amid macroeconomic uncertainties. Key takeaways: BTC price has a less than 10% chance of retaking $100,000 before Feb. 1, according to prediction markets. Traders predict that Bitcoin is unlikely to see $100,000 before June. Bitcoin’s price…
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Bitcoin’s (BTC) drop below $90,000 has pushed onchain profitability metrics into the negative territory, signaling BTC’s entry into a bear market, new research reveals. Data from TradingView showed that Bitcoin price action had established a new range on lower time frames, and market observers were watching the key support levels below. Key takeaways: Bitcoin’s net…
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Bitcoin (BTC) price could be in for another prolonged period of consolidation if key support levels are not reclaimed, a new analysis reveals. Key takeaways: Bitcoin is stuck between key cost-basis levels, predicting 2022-type consolidation unless key support levels are reclaimed. Spot Bitcoin ETFs recorded a net outflow of $708.7 million, their fifth-largest since launch,…
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Bitcoin (BTC) slipped below $90,000 during the New York trading session on Tuesday alongside an increase in long-term selling. Large holders also exited their positions, keeping the downside pressure firmly in place. Key takeaways: Bitcoin dips below $90,000 as whales deposit over $400 million to exchanges. Long-term holders accelerate profit-taking, selling 68,650 BTC/day since Jan.…
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Bitcoin’s (BTC) leading indicators flashed buy signals as bulls fought to keep the price above $90,000. Key takeaways: Bitcoin Hash Ribbons flashed a “buy” signal amid miner capitulation recovery, an occurrence that has historically preceded strong rallies. The Fear and Greed Index’s “golden cross” signals improving market sentiment and a potential BTC rally ahead. Bitcoin…
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Bitcoin’s (BTC) price traded 9.5% above its Jan. 1 open of $87,500, and traders were confident that BTC’s short-term “trend is up” as the price approached a key level of interest. Key takeaways: Bitcoin price consolidates around $95,000 as bulls faces a major barrier ahead. Technical analysis shows an ascending triangle targeting $113,200 BTC price. …
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Looking to 2026, Bitcoin (BTC) forecasts clash with historical chart patterns and evolving market realities, as traditional finance plays a bigger role in the cryptocurrency space. Key takeaways: Standard Chartered and Bernstein forecast Bitcoin to hit $150,000 in 2026, revising down earlier higher targets due to slower ETF inflows. Grayscale predicts a new BTC all-time…
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Bitcoin (BTC) entered its final week of the year down 30% from its $126,000 all-time high reached on Oct. 6. Has BTC finally peaked, or is there a relief in the cards going into 2026? Key takeaways: A typical “Christmas bear trap” could precede a potential relief rally into 2026. Cooling ETF outflows, less long-term…
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