Bitcoin price is failing to break these 2 key resistance lines at $60K
[May 3, 2024 1:45 AM] Bitcoin bulls have “lots of work to do” as they attempt to claw back lost ground after two-month BTC price lows.
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Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?
[May 2, 2024 1:00 PM] As Bitcoin slumps, on-chain data by Ki Young Ju, the founder of the blockchain analytics platform CryptoQuant, paints a stark picture: all new whales, including holders of spot exchange-traded funds (ETFs), are now underwater. New Whales And Spot…
Analysts expect Bitcoin price recovery after Fed leaves rates unchanged
[May 2, 2024 12:05 PM] Bitcoin price shows signs of a recovery, but analysts are uncertain whether the strongest part of the correction has passed.
Crypto Analyst Says Bitcoin Must Hold Above $51,800 As ETF Outflows Trigger Crash
[May 2, 2024 12:00 PM] The Bitcoin price continues to trend below $60,000 as a 20% decline triggered a brutal market-wide crash. This has exposed multiple critical support points for the cryptocurrency, some of which the price has already fallen below. In light of this…
‘Mr. 100’ buys the Bitcoin dip for the first time since halving — Is the BTC bottom in?
[May 2, 2024 11:05 AM] Mr. 100, an entity previously identified as Upbit, has bought over $147 million worth of Bitcoin for the first time since the halving, suggesting an end to the current retracement.
Bitcoin price correction 'very common' if $56K lows hold — Peter Brandt
[May 2, 2024 8:59 AM] Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000.
Bitcoin Bull Run Over? Analyst Predicts What To Expect Now
[May 2, 2024 5:30 AM] The recent plummet in Bitcoin’s value below the $60,000 mark has sparked widespread speculation within the crypto community, raising questions among investors and market watchers about the future direction of its price. Marco Johanning, a…
Hong Kong Bitcoin ETFs not enough to absorb US ETF selling pressure
[May 2, 2024 3:51 AM] Despite the excitement around the Hong Kong ETF debut, the inflows are only a fraction of the selling from the U.S. ETFs. Could Bitcoin price revisit the $50,000 mark next?
Bitcoin dumps 'bull market excess' as daily ETF outflows pass $500M
[May 2, 2024 2:25 AM] BTC price action spooks ETF investors, data shows, but there is reason to believe that Bitcoin is seeing a broadly healthy correction.
Finance Expert Raoul Pal Says 20% Bitcoin Correction Only Temporary As Euphoria Will Return
[May 1, 2024 8:00 PM] Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has shed light on the current market state and the future outlook of Bitcoin, the world’s largest cryptocurrency. Despite the cryptocurrency witnessing declines of more than…
Bitcoin traders set $50K price target after BTC falls below key support level
[May 1, 2024 3:30 PM] Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts.
Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over
[May 1, 2024 2:00 PM] On Wednesday, Bitcoin sharply declined, dropping below the crucial $60,000 support level. Despite this recent market downtrend, Bitcoin investors remain confident as they believe the flagship crypto can still reach new heights in this market cycle…
Bitcoin Is Fine As Long As It Holds Above $49,000: Analyst
[May 1, 2024 12:30 PM] Despite Bitcoin’s 13% drop in the past week, which saw it break below the psychological $60,000 level and drop 20% from its all-time highs, one analyst on X remains resolute. Drawing from the weekly chart, the trader maintains a bullish…
Bitcoin Euphoria Cools Off As BTC Distribution Enters Fear Zone
[May 1, 2024 11:00 AM] Bitcoin has finally broken below the $60,000 support level for the first time in two months. The world’s largest digital asset has largely been in a euphoria phase since the beginning of the year, particularly after the launch of Spot Bitcoin…
Is Bitcoin price bouncing at 57K? Here's why these levels are key
[May 1, 2024 8:09 AM] Bitcoin is lingering near the $57,000 mark into FOMC, but is that the last the market will see when it comes to snap BTC price downside?
Bitcoin Price Dips Below $57,000: 4 Key Reasons
[May 1, 2024 5:42 AM] Bitcoin (BTC) has witnessed a significant drop, falling to $56,556 during Wednesday morning in Europe, marking the lowest point since late February. This downturn represents the sharpest monthly decline since November 2022, with BTC tumbling…
Bitcoin price loses $60K support to hit 2-month lows
[May 1, 2024 2:21 AM] Bitcoin traders feel the sting of $160 million liquidations as BTC price returns to levels not seen since February.
Bitcoin’s ‘euphoria phase’ cools, but a BTC bottom could be near — Glassnode
[Apr 30, 2024 3:47 PM] Data suggests that newer investors are behind Bitcoin’s sell-off, but sell-side exhaustion will eventually mark BTC’s price bottom.
Ethereum Price Prediction: Crypto Expert Says ETH Is Yet To Bottom Against Bitcoin
[Apr 30, 2024 3:00 PM] A crypto analyst has predicted when Ethereum, the world’s second-largest cryptocurrency, will bottom against Bitcoin, however, under certain conditions. Analyst Predicts ETH/BTC Bottom Timeline In a recent X (formerly Twitter) post, crypto analyst…
USDT Dominance Falling, Analyst Predicts Bitcoin To Reach $80,000
[Apr 30, 2024 1:00 PM] Though Bitcoin prices are fast-dropping, looking at events in the daily chart, one analyst thinks the coin is gearing up for a comeback, citing developments in the USDT dominance chart, or USDT.D. USDT Dominance Falling, Good For BTC? Taking to X…
Crypto Analyst Reveals Why $59,800 Is An Important Level For Bitcoin
[Apr 30, 2024 12:00 PM] Crypto analyst Ali Martinez has provided insights into why $59,800 is a crucial price level for the Bitcoin future trajectory. The analyst revealed two things that could happen if the flagship crypto drops that low. Why $59,800 Is An Important…
Bitcoin sub-$60K levels in focus after daily crypto liquidations near $300M
[Apr 30, 2024 8:36 AM] Bitcoin bears are out in force with BTC price trajectory quickly headed back to $60,000.
Bitcoin price battles for $63K support amid warning bulls ‘complacent’
[Apr 30, 2024 2:21 AM] Bitcoin ETFs hitting Hong Kong excite markets overnight, but overall BTC price conditions remain precarious, analysts say.
Bitcoin Price Prediction For May: Crypto Analyst Predicts Breakdown To $42,000
[Apr 29, 2024 5:00 PM] Crypto analyst DonAlt has outlined a scenario where the Bitcoin price could drop to as low as the mid-$40,000. He further suggests that this price breakdown might be necessary for the continuation of BTC’s bull run. How Bitcoin Could Drop To…
$59,600: Analyst Explains Why Bitcoin Must Stay Above This Level
Crypto investment funds see $435M outflow as bull market stalls amid rising inflation concerns
[Apr 29, 2024 2:23 PM] Concerns over rising inflation and flat spot Bitcoin ETF inflows could be factors in the $435 million outflow from crypto investment funds last week.
CryptoQuant Analyst Reveals Signal That Shows Bitcoin Is Still Very Bullish
[Apr 29, 2024 8:00 AM] The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down…
Legendary Trader Predicts When Bitcoin’s Bull Run Will End
[Apr 29, 2024 6:30 AM] In a recent analysis, veteran trader Peter Brandt delved into the price behavior of Bitcoin, suggesting that the cryptocurrency might have reached its peak for the current cycle. According to Brandt, Bitcoin is exhibiting signs of…
Worst month since 2022 bear market? 5 things to know in Bitcoin this week
[Apr 29, 2024 3:43 AM] Bitcoin is on course for 12% losses in April, and with the monthly close just days away, it could end up sparking the weakest BTC price action in more than a year.
Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market
[Apr 28, 2024 10:32 PM] The crypto market is balancing the threat of stagflation against a liquidity injection from the Treasury General Account (TGA), and the launch of Hong Kong's bitcoin ETFs.