Tag: Bitcoin

Bitcoin Selling Pressure Eases But More Pain Likely Ahead

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Bitcoin investors could finally be taking a break from selling, relieving some downward pressure on Bitcoin โ€” though months of consolidation will likely lie ahead, says analyst Willy Woo. โ€œThis bearish sell-down by investors seems to have exhausted,โ€ said Woo on X on Friday. This gives the price โ€œa reprieve to consolidate sideways for maybe a month,โ€ or even a rebound to the mid $70,000 level, โ€œwhich would likely be rejected,โ€ he said.ย  Bitcoin (BTC) prices have been range-bound between $60,000 and $70,000 for the past three weeks, and fell…

BITCOIN: This Move Will Be Violent! (get ready) – BTC Price Prediction Today

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Bitcoin Price Consolidates Above Support, Breakout Hopes Strengthen

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Bitcoin price started a decent increase above $68,000. BTC is now consolidating above $66,250 and might aim for more gains above $68,800. Bitcoin started a fresh increase after it settled above the $67,200 support. The price is trading above $67,200 and the 100 hourly simple moving average. There is a new bearish trend line forming with resistance at $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $66,500 and $66,250 levels. Bitcoin Price Dips To Support…

Bitcoin Spot Volumes Sink To 2024 Lows, Coinbase Selling Eases

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Bitcoin spot trading activity has fallen to its weakest level of the year even as a fresh CryptoQuant signal suggests one important pocket of selling pressure may be starting to fade. Darkfost, a contributor at CryptoQuant, said February is on pace to finish as the month with the lowest Bitcoin spot volumes since the start of 2024. He tied that slowdown to a broader retreat in risk appetite as traders pull back from directional exposure and wait for firmer macro or technical confirmation. โ€œFebruary is on track to close as…

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โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In this video, we will share and understand why bitcoin and cryptocurrency market is crashing and reason of bitcoin crash to $93k and why it is under pressure and what should we do as Bitcoin Death cross indicator also showing in charts. We will also share in latest news and update and what should we do. Do we buy the dip or exit from cryptocurrency market. We will also share bitcoin analysis. Follow us on : Twitter – Telegram – Facebook –…

Bitcoin 5TH Wave Is Not Over Yet, And Price Could Still Crash To $52,000; Analyst Warns

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Bitcoin is now inching towards $70,000, but there is enough to worry about around $64,000. Crypto analyst Tara expressed concern that Bitcoinโ€™s fifth wave may not be complete, with a prediction that further downside could still be ahead.ย  In a recent post on X, the analyst noted that the current move could either be the start or the final stretch of a fifth wave decline, and thereโ€™s still a possibility of the Bitcoin price falling to as low as $52,000. Double Bottom Support At $59,900 And $60,500 Technical analysis done…

Bitcoin ETF Inflows Rise While Derivatives Markets Reflect Caution

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Key takeaways: Bitcoin derivatives show persistent fear despite the current rally toward $70,000, as seen by futures premiums being pinned well below neutral levels. The marketsโ€™ cautious stance stems from broad risk-aversion and lingering concerns over institutional BTC liquidations and Bitcoin network security. Bitcoin (BTC) retested the $70,000 level on Wednesday, recovering from Tuesdayโ€™s low of $62,500. While inflows into Bitcoin exchange-traded funds (ETFs) helped stabilize market sentiment, the momentum failed to restore confidence within the BTC derivatives markets. Traders remain concerned that underlying factors are preventing a sustained rally…

Ethereum Still Undervalued As Bitcoin, XRP Sit Near Neutral, Santiment Says

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On-chain analytics firm Santiment has highlighted how Ethereum is still undervalued on the MVRV, while Bitcoin and XRP have turned neutral. Profitability Has Shifted For Bitcoin, XRP, & Ethereum After The Price Jump In a new post on X, Santiment has talked about how the 30-day Market Value to Realized Value (MVRV) Ratio has changed for some major digital assets following the market recovery that has occurred over the past day. The MVRV Ratio is a popular on-chain indicator that compares the market cap of an asset against its Realized…

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Bitcoin Bull Market May Restart If $74.5K Is Broken

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Bitcoin (BTC) has rebounded 7.45% over the past two days after dropping to $62,400 on Tuesday, below a key onchain price support. Despite the bounce, holders who bought six months to two years ago remain at an average cost of $74,500, a level that now stands as a potential inflection point. As BTC moves higher, the concentration of supply around $74,500 stands as a key test for the current trend; a decisive reclaim of that level may signal demand and a shift in short-term market structure. Why $74,500 matters to…