Bitcoin currently trades at $97,821 to $98,313 over the last hour, boasting a $1.96 trillion market valuation and $54.21 billion in daily activity, oscillating between $96,147 and $100,760 today. It lingers 9.2% shy of its historic peak, a threshold tantalizingly close yet just out of immediate reach. Bitcoin Bitcoin‘s daily price action paints a tempestuous […] Original
Tag: Analysis
Bitcoin Price Analysis: Bears Tighten Grip as BTC Drops Below $97K
Bitcoin’s price over the past sixty minutes ranged from $96,318 to $97,286, with a market capitalization of $1.92 trillion and a 24-hour trade volume of $70.59 billion, while intraday trading spanned from $96,318 to $102,614. Tuesday’s dump follows the U.S. crypto czar telling the press the President asked him to “evaluate” a strategic bitcoin reserve. […] Original
Options Market Recovers From Monday’s Sell-Off: Bybit and Block Scholes Analysis
DUBAI, UAE, Jan. 31, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest crypto derivatives report, published weekly with Blocks Scholes. This week’s report highlights a significant risk-off event early in the week, as DeepSeek’s LLM announcement coincided with sharp declines across major indices and crypto markets. Despite this volatility, open interest in perpetual swaps remained stable, with funding rates momentarily turning negative before recovering. The options market also saw increased trading activity during the sell-off, even as forward-looking volatility expectations declined. Key Insights: BTC…
Bitcoin Technical Analysis: BTC Balances Between Bullish Momentum and Short-Term Resistance
As of Jan. 29, 2025, bitcoin trades at $102,785, hovering within a 24-hour range of $100,272 to $103,053. The cryptocurrency’s market capitalization stands at $2.02 trillion, supported by $35.55 billion in daily trading volume. Bitcoin While bitcoin‘s broader trend remains bullish, consolidation near $102,000 reflects caution among traders, with critical resistance at $104,000–$105,000 and immediate […] Original
Elliott Wave Analysis Suggests New ATH Of $170,000
Este artículo también está disponible en español. The Bitcoin (BTC) price has recently entered a consolidation phase following significant upward movements, as the cryptocurrency market experiences heightened volatility at the start of the year. Currently, the market’s leading cryptocurrency is hovering above the critical $100,000 milestone, with analysts suggesting that further price increases could be on the horizon. Analyst Warns Of ‘Overly Bullish Sentiment’ In a detailed analysis by a market expert known on social media as Daily Crypto Trading, the Elliott Wave Theory is being employed to predict Bitcoin’s…
Bitcoin Technical Analysis: Will a Break Above $106K Ignite a Rally Back to $109K?
Bitcoin is currently valued at $104,810 to $104,987 over the past 60 minutes, with a 24-hour trading volume of $18.20 billion and a total market capitalization of $2.07 trillion. The intraday price oscillates between $104,492 and $105,376, reflecting a tightly confined trading band. Bitcoin On the daily chart, bitcoin demonstrates a discernible recovery from its […] Original
Bitcoin Technical Analysis: Consolidation at $104K—The Calm Before the Storm?
Bitcoin is trading at $104,589 with a 24-hour trading volume of $42.32 billion, a market capitalization of $2.07 trillion, and an intraday price range of $104,133 to $107,006, signaling consolidation after a strong rally. Bitcoin The hourly chart shows bitcoin (BTC) fluctuating between $104,000 and $106,000, with fading momentum following a rejection near $107,149. Support […] Original
Bitcoin Technical Analysis: Price Teeters at Key $103K Support – Will Bulls Defend or Bears Take Over?
Bitcoin, priced at $103,458 to $104,206 over the past hour with a 24-hour trade volume of $70.41 billion and a market valuation of $2.06 trillion, has seen an intraday price range between $102,784 and $107,245, signaling active market participation and notable volatility. Bitcoin Bitcoin‘s one-hour chart shows a bearish pullback dominating the short-term trend following […] Original
Bitcoin Technical Analysis: Key Resistance at $109K Holds the Fate of the Next Big Move
Bitcoin, currently valued at $107,075 to $107,748 over the last hour, has a market capitalization of $2.12 trillion and a 24-hour trading volume of $118.01 billion. It navigated a session marked by pronounced volatility. The cryptocurrency’s intraday price fluctuated between $99,462 and $109,356, reflecting a dynamic response to market conditions as Donald Trump assumes the […] Original
Bitcoin Technical Analysis: Resistance at $108K Could Define the Next Chapter of the Trump Infused Rally
Bitcoin, currently priced at $103,737 to $104,266 over the last hour with a market capitalization of $2.05 trillion, a 24-hour trading volume of $49 billion, and an intraday range oscillating between $102,214 and $105,850, reflects a heightened state of market dynamism in the lead-up to Donald Trump’s inauguration. Bitcoin From the perspective of the daily […] Original