Bitcoin (BTC) faces a new “consolidation zone” as exchange inflows tag multiyear lows, new analysis says. In a post on X on April 1, Axel Adler Jr., a contributor to onchain analytics platform CryptoQuant, declared that Bitcoin sellers had “dried up.” Average exchange inflows down 64% since November Bitcoin sell-side pressure has eased considerably since…
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Bitcoin (BTC) ticked higher at the March 31 Wall Street open as traders stayed risk-averse on the short-term BTC price outlook. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin RSI teases bearish continuation Data from Cointelegraph Markets Pro and TradingView showed local highs of $83,914 on Bitstamp, with BTC/USD up 1.5% on the day. With hours to…
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Bitcoin (BTC) circled $83,000 on March 30 after weekend volatility brought new ten-day lows. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView BTC price action deals snap weekend downside Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gradually recovering after a trip to $81,600 the day prior. With no added selling pressure from the ongoing rout in…
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Bitcoin (BTC) sought a local bottom on March 28 while US inflation data came in higher than expected. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin wobbles as PCE comes in hot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $85,500 at the Wall Street open before reversing. Down over 3% on the day,…
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Bitcoin (BTC) risks falling into a fresh bear market as a large collection of BTC price metrics has produced a “bearish divergence.” In a social media discussion on March 27, Bitcoin commentators flagged troubling signals from the Capriole Investments’ Bitcoin Macro Index. Bitcoin Macro Index slump “not great,” says creator As BTC/USD struggles to return…
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Bitcoin (BTC) faced mixed forces on March 27 as a combination of fresh US trade tariffs and macroeconomic data weighed on risk assets. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Gold leaves Bitcoin in the dust amid tariff woes Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility returning at the Wall Street open. BTC/USD…
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BItcoin (BTC) retains a $138,000 price target for 2025 as the market recovers from US trade tariffs, new analysis concludes. Data covering bets on prediction service Polymarket suggests that BTC/USD could still gain around 60% from current levels this year. “Conservative” Polymarket users cap BTC price upside at 60% Bitcoin bull market projections have taken…
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Bitcoin (BTC) saw the return of US selling pressure at the March 26 Wall Street open as analysis eyed a “key shift in market structure.” BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin sees classic US dip as dollar gains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading below $87,000. The pair had enjoyed support…
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Bitcoin (BTC) passed $88,000 after the March 25 Wall Street open as risk assets stayed highly sensitive to US trade tariffs. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView BTC price gains anticipate classic April comeback Data from Cointelegraph Markets Pro and TradingView showed BTC/USD tightly clinging to the daily open. US stocks opened modestly higher, building on…
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Bitcoin (BTC) traders are celebrating as one of the best-known BTC price metrics finally flipped bullish again. The popular Hash Ribbon tool, created by quantitative Bitcoin and digital asset fund Capriole Investments, printed a first buy signal in a “macro bullish” event. Hash Ribbon sparks $100,000 Q2 BTC price target Bitcoin miners look set to…
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