Bitcoin (BTC) is printing a key bear market bottom signal at $87,000 as analysis says that BTC price history may repeat. Key points: Bitcoin’s velocity RSI metric returns to levels seen only around bear market bottoms. BTC price action could thus be performing a “major cyclical reset,” says analysis. The crypto long/short ratio breaks a…
Read more
Bitcoin (BTC) gained a classic macro bull signal into Tuesday as the US Federal Reserve injected $13.5 billion of liquidity. Key points: Fed liquidity operations send a message to crypto and risk assets as the Dec. 1 total rivaled the COVID-19 era. Markets still see interest rates coming down despite rumors over Japan. Analysis warns…
Read more
Bitcoin (BTC) hit new local lows after Monday’s Wall Street open as analysis warned of “rising” macro headwinds. Key points: BTC price action plumbs new local lows as daily losses pass the 7% mark. Bitcoin faces multiple macro tailwinds from Asia, exacerbating already weak liquidity conditions. A trader says that this week’s sessions will decide…
Read more
Bitcoin (BTC) threatens a fresh crash as December begins with a snap 5% BTC price drawdown. Bitcoin price volatility hits around the November monthly close, with BTC/USD returning to near $85,000. Analysis blames a lack of market liquidity for the move, while history warns that bearishness should continue in December. Key US inflation data is…
Read more
Bitcoin (BTC) is repeating its latest bull market bottom with near 100% correlation in 2025. Key points: Bitcoin is tracking the 2022 bear market with concerning accuracy, with the end of the year just a month away. November is among the worst on record for BTC price action. Stocks inflows are picking up, and with…
Read more
Bitcoin (BTC) has retained a key bull signal despite the crypto market drawdown, new research says. Key points: Stablecoin supply trends stay positive for crypto market growth, new research shows. The ERC-20 stablecoin supply alone is at $185 billion. Binance users are storing stablecoin “dry powder” for market entries. Research: Stablecoins matter more than M2…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more