Bitcoin traders split between $70K crash and BTC price rebound within days
Bitcoin price expectations diverged into the weekly close as $150,000 targets met calls for a drop to levels not seen in over a year. Source link
It’s Do or Die for Bitcoin Versus Gold
Bitcoin (BTC) versus gold has entered classic bottom territory as a key support retest begins. Key points: Bitcoin drops to 20 ounces of gold for the first time since early 2024. This represents a the border between bull and bear-market territory, analysis says. A three-year Bitcoin uptrend versus gold is now almost lost. Bitcoin vs.…
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Bitcoin Gains Near 3% Despite Bank of Japan Rate Hike
Bitcoin (BTC) aimed for $88,000 on Friday after Japan’s central bank raised interest rates to 30-year highs. Key points: Bitcoin joins US stocks futures heading higher in a curiously bullish reaction to Japan’s interest-rate hike. Commentators argue that no further hikes will happen due to economic forces. Bitcoin continues to hammer out a bottom on…
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Bitcoin Gyrates on Shock US CPI Data as 24-hour Liquidations Hit $630M
Bitcoin (BTC) ramped up volatility into Thursday’s Wall Street open as markets reacted to surprise US inflation data. Key points: Bitcoin traders weather more snap BTC price volatility as CPI surprises to the downside. US inflation unexpectedly drops to multiyear lows, fueling bets of interest-rate cuts. Bitcoin price action continues repeating its early 2025 fractal.…
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Whipsaw BTC Price Action Puts Shorts on the Chopping Block at $90,000
Bitcoin (BTC) returned to $90,000 after Wednesday’s Wall Street open as traders eyed vulnerable short positions. Key points: Bitcoin erases recent losses with a fresh trip to the $90,000 mark. Liquidity games remain the key driver of short-term BTC price action, with shorts this time getting punished. Bearish price predictions include a “breakdown” below the…
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Bitcoin Institution Demand Returns as BTC Supply Dynamics Shift This Week
Bitcoin (BTC) institutional demand is finally outpacing new supply as the market hits a key pivot point. Key points: Bitcoin institutional demand is now 13% higher than the amount of newly-mined BTC on a rolling daily basis. New data shows institution-fueled supply reduction returning for the first time since early November. ETF outflows pass $600…
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Can Bitcoin Bulls Spark a $95,000 BTC Price Rebound?
Bitcoin (BTC) struck at ask liquidity at Tuesday’s Wall Street open as markets reacted to mixed US employment data. Key points: Bitcoin buyers and sellers square off for control amid conflicting US employment numbers. Nearby order-book liquidity begins to get shaken out at the Wall Street open. BTC price targets include $95,000 in the event…
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Bitcoin Price Forecasts Call for New Lows as BTC Dips Under $87,000
Bitcoin (BTC) fell under $87,000 after Monday’s Wall Street open as sellers liquidated $200 million of BTC longs. Key points: Bitcoin falls as low as $86,625 as a round of distribution accompanies the return of Wall Street. Consensus favors fresh lows before a potential BTC price recovery can take place. Strategy reveals another 10,000 BTC…
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Bitcoin Faces a New Battle for $90,000 This Week
Bitcoin (BTC) starts the last full week before Christmas threatening to lose $90,000 support. Bitcoin traders brace for range-bound trading with the price stuck without catalysts. The new year bear flag is causing some to see a bullish outcome for the current BTC price consolidation. CPI and unemployment lead an important week of US macro…
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Bitcoin Bear Flag in Focus With Price to Decide on Fate of $90,000
Bitcoin (BTC) eroded $90,000 support into Sunday’s weekly close as predictions saw BTC price volatility next. Key points: Bitcoin is seen breaking its sideways trading range as volatility hits “extreme” lows. Traders wait for a breakout as the weekly close approaches. Bear market fears spark another $50,000 BTC price bottom target. Bitcoin breakout move “around…
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