Tag: Price

Here’s why Bitcoin price fell today? (Feb. 4)

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Bitcoin price dropped to new yearly lows on Tuesday, briefly falling below $73,000 for the first time since November 2024. Summary Bitcoin price briefly touched a 10-month low of $72,884 on Wednesday. Massive liquidations pushed Bitcoin below key support levels. Institutional appetite for Bitcoin has cooled off in recent months. According to data from crypto.news, Bitcoin (BTC) price touched a low of approximately $72,884 during the session, a level not seen since shortly after the 2024 US presidential election. While it has backpedalled on some of its losses, it remains…

XRP Price Recovery Mode Engaged — Bulls Hunt An Upside Break

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Recovery Runs Into A Wall, Decline Risk Returns

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Ethereum price extended its decline below $2,220 and $2,200. ETH is now attempting to recover from $2,000 but faces many hurdles near $2,250. Ethereum failed to stay above $2,300 and started a fresh decline. The price is trading below $2,265 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,350 zone. Ethereum Price Faces Resistance Ethereum price failed to…

Bitcoin Price Bounce Looks Hollow, Downtrend May Resume

Bitcoin price extended its decline below $75,000. BTC is now attempting to recover from $72,850 but faces many hurdles near $76,500. Bitcoin is attempting to recover above $74,000 and $75,000. The price is trading below $79,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $75,000 and $74,000 levels. Bitcoin Price Faces Hurdles Bitcoin price failed to remain stable…

Here’s What To Expect If The Bitcoin Price Maintains Support Above $74,400

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Crypto analyst and Elliott Wave expert Gert van Lagen has highlighted a critical level that could determine the next move in the Bitcoin price. In a recently shared 2-week chart, Lagen points to a broader market structure that suggests Bitcoin may be preparing for another strong upward leg, provided it continues to hold above $74,000. According to the analyst, this level now serves as a key support zone, marking the boundary between bull-market continuation and a potentially more concerning structural breakdown.  Why $74,000 Matters For Bitcoin Price Bull Structure In…

Ethereum Price Down 10% Since Vitalik Sold $500K of ETH, Questions L2s Role

Key Notes Vitalik Buterin sold 211.84 ETH ($500k) to the Kanro Fund, a charity supporting health, AI safety, and open-source research. ETH declined nearly 10% post-announcement, trading at $2,117 with 31% lower trading volume indicating low-liquidity volatility. Buterin’s post argued the “rollup-centric” L2 vision no longer aligns with current realities, proposing instead a spectrum of solutions with differentiated value beyond pure scaling. The price of Ethereum’s native token, Ether, is down 7% in a 24-hour time frame, happening after Vitalik Buterin sold $500,000 worth of ETH and made a post…

Bitcoin price targets $65,000: Bear market bottom?

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This moment is quite precarious for Bitcoin. After rejecting the upper boundary of its long-standing ascending channel, Bitcoin has transitioned into a corrective phase, pulling back toward a critical support zone around $65,000. Summary Bitcoin corrected lower after rejecting the channel high resistance $65,000 aligns with POC, Fibonacci, channel low, and daily support Bullish volume is required to confirm a macro bottom and rotation higher The current Bitcoin (BTC) price is just above $73,000. Following a rejection at the upper boundary of a long-standing ascending channel, the largest digital asset…

Where’s XRP Price Headed As Exchange Reserves Plunge To 1.7 Billion?

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The XRP price might be trading in a bearish mood, but exchange-held supply behind the scenes points to a trend that could matter for price direction in the months ahead. A recent report from 21Shares shows that exchange reserves have dropped to a seven-year low of 1.7 billion XRP. The report shows how tightening liquidity, ETF demand, and investor behavior are quietly lining up for a possible repricing for XRP in 2026. Falling XRP Exchange Supply Meets ETF Demand According to 21Shares, three pillars will shape XRP’s price action in…