Bitcoin ‘bear market confirmed’: Watch these BTC price levels next
Bitcoin traded 20% below its all-time high of $126,000 as key onchain and technical indicators suggested that BTC has entered a new bear market. Source link
Bitcoin ‘bear market’ confirmed: Watch these BTC price levels next
Bitcoin traded 20% below its all-time high of $126,000 as key onchain and technical indicators suggest that BTC has entered a new bear market. Source link
Bitcoin Long-Term Holders Offload 400K BTC as Price Nears $100K Support
Key takeaways: Long-term Bitcoin holders sold 400,000 BTC over the past 30 days. Short-term Bitcoin holders panic-sell $3 billion in BTC at a loss. Bitcoin’s rising wedge targets $72,000 price as traders say BTC could drop as low as $60,000. Bitcoin (BTC) declined on Tuesday, falling more than 3.5% over the last 24 hours to…
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Bitcoin long-term holders offload 400K BTC: How low can BTC price go?
Selling by long-term Bitcoin holders, capitulation by short-term holders and a weakening technical structure could fuel BTC’s price drop to $72K. Source link
Crypto liquidations hit $1.3B as Bitcoin price nosedives below $104K
Over $1.3 billion was wiped out across the crypto market as traders shifted their focus to $100,000 as the last line of defense for Bitcoin. Source link
Bitcoin Late Longs Washed Out as $100K Support Becomes Key for BTC Price
Key takeaways: Bitcoin price is down 17% from its all-time high on Tuesday, dropping under $104,000. Crypto liquidations totaled $1.3 billion in losses over the past 24 hours. Traders say Bitcoin needs to quickly reclaim $105,000 to avoid a deeper correction toward $100,000. Bitcoin (BTC) bears extended the sell-side activity into the European Trading session…
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BTC price at Risk? Institutions No Longer Absorbing Newly Mined Bitcoin
Key takeaways: BTC demand fell below daily mining supply for the first time in seven months. Spot Bitcoin ETFs saw $1.67 billion in net outflows since Oct. 11. Bitcoin treasury firms trading below NAVs signal eroding confidence, potentially pressuring BTC prices further. Institutional demand for Bitcoin (BTC) has dropped below the daily amount mined, raising…
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Is Bitcoin Price Going to Recover in November?
Key takeaways: Bitcoin is set to end October in the red, breaking a six-year “Uptober” streak. Traders are divided, with some fearing a significant correction ahead, while others still anticipate new highs in Q4. Bitcoin (BTC) is set to end October in the red for the first time in seven years, with traders divided over…
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Here’s Why Some Bearish Bitcoin Analysts Say the BTC Price ‘Top is in’
Key takeaways: Bitcoin’s bearish MACD cross and engulfing candle on the three-week chart signal a cycle top. Market analysts suggest that 558 days post-2024 halving indicate the Bitcoin bull cycle’s top is imminent. Other analysts say BTC price still has room to run, with $180,000 still in the cards. Bitcoin (BTC) price traded 3% lower…
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Watch These BTC Price Levels Next
Key takeaways: The emergence of a bear flag on the daily chart projects a Bitcoin price drop to $88,000. Traders say BTC price may drop as low as $97,500,000 if key support levels are broken. Bitcoin’s (BTC) price is forming a classic bearish pattern in the daily time frame, triggering fears that a breakdown could…
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