Tag: Bitcoin

Bitcoin At Historic RSI Lows — Is The Final Flush Already Behind Us?

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Bitcoin is trading at weekly RSI levels historically seen near bear market bottoms, signaling that selling pressure may be easing. While confirmation is needed, the market is in a zone often marking late-stage capitulation. The key question: was the recent drop the final flush, or is one last shakeout still ahead? RSI Compression Signals Downside Exhaustion According to crypto analyst Batman, Bitcoin’s weekly RSI has fallen back into the same territory that historically marked prior bear market bottoms. This momentum zone has repeatedly appeared during late-stage capitulation phases, making it…

Bitcoin rebounds after Iran strikes wipe $128B from market

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Bitcoin fell to $63,062 before recovering to $66,201 following reports of large explosions in Tehran as the United States and Israel launched strikes across Iran. Summary Bitcoin dropped to $63K on Iran strike news before rebounding above $66K. Crypto market lost $128B in panic selling as missiles hit Middle East. UAE intercepted missiles safely as BTC and ETH recovered from lows. Ethereum (ETH) dropped to $1,837 before rebounding to $1,940. As per the data at the time of the attack, the crypto market erased approximately $128 billion in value in…

Bitcoin Bottom Signal Fires But This Time Investor Risk Appetite Is Absent

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A Bitcoin (BTC) bottom signal that appeared in 2023, ahead of a 130% rally in 2024, has flashed again this week, raising the possibility that the price is nearing another bullish inflection point.  At the same time, the broader data of liquidity, exchange-traded fund (ETF) flows, and macroeconomic data changes the environment from two years ago, suggesting that the path forward may not mirror the previous cycle’s. BTC bottom trigger appears without strong follow-through Data aggregator Swissblock noted that Bitcoin has now logged 25 consecutive days in its “extreme high…

Why Do Ethereum Classic and Bitcoin Cash Exist?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What happens when a blockchain splits? This video explains soft and hard forks, why they occur, and their impact on crypto. Related Videos 📺 Controversial DAO Hack Explained 👉 Read 📖 What is a Fork in Crypto? 👉 Browse Our BEST Videos 🔥 Will Bitcoin Still Exist in 100 Years? 👉 How HIGH Can Bitcoin go in 2024? 👉 Coins VS Tokens: What’s the Difference? 👉 What Is MetaMask? Beginner’s MetaMask Tutorial In 2026! 👉 Links 🔗 CoinGecko: GeckoTerminal: Download CoinGecko App!📱…

Bitcoin Enters Fragile Phase As Annual LTH Realized Profits Taper — Details

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A recent evaluation has surfaced that reveals that Bitcoin’s long-term holders are slowly easing away from their deep profits, and that this could affect prices in either way, depending on further developments. Long-Term Holder Average Monthly SOPR Slips Under 1  In a recent QuickTake post on CryptoQuant, a pseudonymous on-chain analyst, Darkfost, reveals that Bitcoin’s long-term holders are entering a fragile phase in the current cycle. This post is based on readings obtained from the BTC: Long-Term Holders (LTH) SOPR metric, which tracks if coins moved by Long-Term Holders are…

Bitcoin: Die Bären (und ich) wurden rasiert – So reagiere ich jetzt!

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Bitcoin Historical Cycle Pattern Points To $31,500 Bottom Target – Details

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Bitcoin price struggles persist as the premier cryptocurrency is yet to break above the key $70,000 resistance zone, suggesting the market remains at risk of a deeper correction. Notably, popular market analyst Yonsei_dent has shared an observation that backs these bearish investors’ expectations. Bitcoin Supply In Profit Metric Shows Potential 75% Drawdown  In a Quicktake post on CryptoQuant, Yonsei_dent has identified a potential price bottom of the present market cycle, considering the meltdown in recent months. Since October, the leading cryptocurrency has lost over 45% of its market value, with…