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Bitcoin Price Turns Red: Risk of More Losses as $55K Test Looms

[Jul 4 8:47 PM] Bitcoin price failed to start a recovery wave above the $61,500 resistance zone. BTC started another decline and might dive toward $55,000. Bitcoin started a fresh decline and traded below the $58,500 zone. The price is trading below $60,000 and…

Bitcoin Closes CME Gap, Expert Predicts What Happens Next

[Jul 4 12:30 PM] Crypto expert Michael van de Poppe has highlighted an important indicator which suggests that Bitcoin could make a crucial bounce from its current price level. This follows the flagship crypto’s recent decline below $60,000.  BTC’s CME Gap…

Bitcoin Price Takes a 5% Hit: Can Bulls Save The Week?

[Jul 3 8:51 PM] Bitcoin price failed to start a fresh increase above the $62,850 resistance zone. BTC started another decline and tumbled 5% to test $58,000. Bitcoin started a fresh decline and traded below the $60,000 zone. The price is trading below $61,500 and…

Bitcoin Price Drops Below $60,000: Key Reason Explained

[Jul 3 11:00 AM] The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at…

Bitcoin Price Takes a Step Back: Analyzing The Recent Correction

[Jul 2 8:48 PM] Bitcoin price failed to continue higher above the $63,650 resistance zone. BTC is now correcting gains and might revisit the $60,850 support. Bitcoin started a downside correction from the $63,650 resistance zone. The price is trading below $62,500…

Bitcoin Q3 Rally Possible As Miner Selloff Finishes, Quant Says

[Jul 1 9:30 PM] A quant has explained how a rally could be possible for Bitcoin in this third quarter of 2024 as miner selling pressure has disappeared. Bitcoin Miners Appear To Have Stopped Their Selling In a CryptoQuant Quicktake post, an analyst has talked…

Bitcoin Price Spikes 5%, Can BTC Bulls Take Back Control?

[Jun 30 9:15 PM] Bitcoin price is up nearly 5% and there was a move above $62,500. BTC is now testing the $63,500 resistance zone with a positive angle. Bitcoin started a decent increase above the $62,200 and $62,400 levels. The price is trading above $62,500 and…