Bitcoin (BTC) battled stubborn horizontal resistance Friday with $94,000 next on bulls’ radar. Key points: Bitcoin keeps up pressure on familiar resistance levels as optimism over market strength increases. The recent pullback was the result of “manipulative” forces, analysis says. Gold on the way to new all-time highs is an “extremely bearish” macro headwind for…
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Bitcoin (BTC) has a new $76,000 target as the daily chart continues to print a bear flag pattern. Key points: Bitcoin gets new $76,000 and $50,000 price targets for the next phase of its major correction. The bull market is “over,” a trader says, noting multiple bearish divergences. Bitcoin’s bull market support band offers short-term…
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Bitcoin (BTC) may see a “shock move” that brings back BTC price upside — but not until 2026. Key points: The next Bitcoin price bottom will take until 2026 to hit, new analysis concludes. Declining trading volume leaves little chance of a short-term bull market comeback. Sell-side pressure is cooling, and price could rally to…
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Bitcoin (BTC) gave back recent gains on Wednesday as traders predicted fakeout moves around the Federal Reserve interest-rate announcement. Key points: Bitcoin fails to hold on to its recent trip past $94,500 as nerves accompany the Fed interest-rate decision. Traders are prepared for unreliable moves in both directions around FOMC. Japan-centered risk-asset volatility is already…
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Bitcoin (BTC) retail investors are setting new records as “structural decline” sets in this bull market. Key points: Bitcoin entities holding up to 1 BTC are sending less per day to Binance than ever before. A tale of “structural decline” comes in the era of spot Bitcoin ETFs. Whale positioning hints at a new BTC…
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Bitcoin (BTC) fell back below $90,000 around Monday’s Wall Street open as US selling pressure returned. Key points: Bitcoin keeps volatility coming as US sellers send price back below $90,000. Liquidations remain steady as investors stay on the sidelines amid indecisive price action. Evidence of buying the dip is visible across exchanges over the past…
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Bitcoin (BTC) starts the second week of December above $90,000 as “Santa rally” talk begins. BTC price action focuses on a key resistance area in the low $90,000 region, but traders still see another dip coming. Federal interest-rate decision week hangs over risk assets despite broad consensus that a cut will result. The Fed decision…
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Bitcoin (BTC) fell below $88,000 into Sunday’s weekly close as traders eyed weakness into a major US macro event. Key points: Bitcoin sees snap volatility into the weekly close, dipping close to $87,000. Traders expect weaker BTC price action into the Fed interest-rate decision. Bulls need to keep hold of $86,000, says analysis. BTC price…
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Bitcoin (BTC) has seen a “complete reset” of sell pressure after dropping below $90,000, says new research. Key points: Bitcoin long-term holders have reset their selling habits as BTC price action returns below $90,000. A derivative of the popular SOPR metric is now tapping its lowest levels since early 2024. Recent price moves have resulted…
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Bitcoin (BTC) traders saw fresh downside at Friday’s Wall Street open as $90,000 hung in the balance. Key points: Bitcoin edges closer to $90,000 with traders lining up lower BTC price targets next. Liquidity conditions favor a sweep of bids as an initial move, analysis agrees. Ichimoku Cloud signals point to a potentially bigger dip…
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