Bitcoin (BTC) avoided US selling pressure Thursday as US Thanksgiving provided bulls with key relief. Key points: Bitcoin retains $90,000 as support into the Thanksgiving weekend after hitting weekly highs. BTC price expectations flip bullish, with even $100,000 on the cards again. Futures markets show a leverage washout laying the foundations for a more sustainable…
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Bitcoin (BTC) hovered near $87,000 at the Wednesday Wall Street open as analysts eyed short liquidations. Key points: Bitcoin liquidity conditions analysis predicts a return toward $90,000 next. Range-bound short-term price moves see trader bets pile in either direction. US macro data gives stocks a modest boost but fails to sway crypto. Liquidity could see…
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Bitcoin (BTC) is on course for its worst November since 2018, but a new forecast sees a BTC price bottom this week. Key points: Bitcoin is on track to seal its weakest November performance since the 2018 bear market. December has historically produced identical price action after “red” November months. AI predicts that BTC/USD will…
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Bitcoin (BTC) risk-reward has delivered a rare bullish signal as multiple metrics flip green. Key points: Bitcoin price metrics are showing multiyear opportunities when it comes to risk versus reward. While not a guarantee that the BTC price bottom is in, the odds for buyers are “becoming more attractive.” Data is increasingly mimicking the end…
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Key points: Bitcoin should have bottomed out at $80,000 last week, according to former BitMEX CEO Arthur Hayes. Liquidity conditions are poised to turn in the crypto bulls’ favor, with the US Federal Reserve set to end QT. The buzz around future Fed rate-cut moves remains highly volatile. Bitcoin (BTC) should retain $80,000 support as…
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Bitcoin (BTC) heads into the November monthly close hanging by a thread below $90,000. Bitcoin traders hope for a modest recovery and even a return above the $100,000 mark after a brutal sell-off. BTC price action still has to contend with the aftermath of its latest “death cross” on daily timeframes. New data suggests that…
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Bitcoin (BTC) starts a new week with the bull market at stake as BTC price predictions diverge wildly. Bitcoin traders are stuck between hope and capitulation as BTC/USD returns to its yearly open level. Price eyes a key “magnet” in the form of an old CME futures gap left over from April. The loss of…
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Bitcoin (BTC) and crypto traders are their most afraid in over six months as BTC price action clings to $100,000. Key points: Bitcoin and altcoins plunge to their deepest “extreme fear” levels since March this year. Crypto could be nearing a market inflection point, based on sentiment data. Gold steals the show from crypto and…
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Bitcoin (BTC) eyed intraday highs into Wednesday’s Wall Street open as bulls battled for $105,000. Key points: Bitcoin creeps higher into the US trading session as traders seek $107,000 retest. Opinions diverge on whether price can reclaim that area as support. Binance withdrawals give analysis cause to stay bullish on the BTC price outlook. BTC/USD…
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Key points: Bitcoin fills its weekend CME futures gap, but bulls struggle to produce a BTC price turnaround. Analysis shows Bitcoin whales selling into price at local highs. Derivatives traders continue to avoid risk with $100,000 still hanging in the balance. Bitcoin (BTC) delivered a classic futures “gap fill” after Tuesday’s Wall Street open as…
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