Bitcoin (BTC) started a new week in fighting form as bulls staged a rebound past $111,000. BTC price action improves around the weekly close as hodlers get some well-earned relief — is a short squeeze next? Downside price targets remain popular, with longer time frames raising questions about the strength of the bull market. US CPI…
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Key points: Bitcoin can keep the bull market range in play if it reclaims $108,400 in the coming hours, says analysis. Volatility increases into the weekly close as thin order books see $200 million in 24-hour liquidations. Altcoin futures show just how traders have lost out since the last bear market bottom. Bitcoin (BTC) teased…
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Key points: Bitcoin stabilizes into the weekend, but market sentiment is anything but relaxed about the outlook. BTC price forecasts increasingly feature sub-$100,000 levels. RSI signals still point to a rebound — something more likely if stocks head higher next week. Bitcoin (BTC) clung to $107,000 on Saturday as traders braced for fresh lows next.…
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Key points: Bitcoin falls to its lowest levels since June as familiar US banking turmoil returns. Traders see $100,000 as possibly failing as support. Gold comes off fresh all-time highs as Peter Schiff sees it beating Bitcoin to the $1 million mark. Bitcoin (BTC) fell to 15-week lows on Friday as a US banking rout…
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Key points: Bitcoin finally sees investors who are willing to “buy the dip” at prices around $110,000. Multiple support retests continue to grab trader attention. Bulls can still realize a bullish RSI divergence with a strong daily close. Bitcoin (BTC) kept up pressure on key support Thursday as buyer interest showed signs of a comeback.…
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Key points: Bitcoin risks hitting $102,000 again as support higher up looks increasingly weak. Analysis suggests the bull market may be at risk as a result. Gold hits a fresh all-time high, with BTC price action left far behind. Bitcoin (BTC) selling increased at Wednesday’s Wall Street open as BTC price metrics showed little signs…
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Key points: Bitcoin’s NUPL metric repeats past bull-market tops with a move from “optimism” to “euphoria.” The Bitcoin realized cap is increasingly in the hands of short-term holders. New investors continue to get squeezed by range-bound BTC price performance. Bitcoin (BTC) may be in its “final expansion” to a blow-off top despite recent lows, new…
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Key points: Bitcoin gives up on its bull-market rebound as sellers stay firmly in control. The infamous Bitcoin whale, who shorted BTC last week, continues to add to its BTC price downside bet. $107,000 is slowly emerging as a potential near-term target. Bitcoin (BTC) fell back to multi-week lows after Tuesday’s Wall Street open as…
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Key points: Bitcoin chops around $114,000 as a whale expects more BTC price losses next. Price pressures short-term holders, who have their cost basis just below the $114,000 mark. Key moving averages are in view as support bases. Bitcoin (BTC) struggled to hold its rebound at Monday’s Wall Street open as a controversial whale added…
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Bitcoin (BTC) starts a key week of October with the fate of the bull market at stake — what comes next? Bitcoin stages a solid rebound from its biggest-ever liquidation cascade, reaching a high of $116,000 so far. Traders are divided over where the market will head from here — there are even doubts that the…
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