Tag: Price

Bitcoin price at risk of a crash to $75 as a major BoJ risk looms

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Bitcoin price remained under intense pressure this weekend, and may be at risk of a deeper dive, potentially to $75,000 ahead of the Bank of Japan interest rate decision.  Summary Bitcoin price could be on the verge of a strong bearish breakout. Odds of BoJ rate hike have jumped to 98% this week. Technical analysis suggests that the coin will drop further soon. Bitcoin (BTC), the original cryptocurrency, was stuck at the psychological point at $90,000. This price is about 29% below its highest point this year, a sign that…

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Bitcoin Price Risks Falling to $70K Due to a Hawkish BoJ: Macro Analysts

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Bitcoin (BTC) could face a continued correction toward the $70,000 level if the Bank of Japan (BoJ) proceeds with an expected interest-rate hike on Dec. 19, according to multiple macro-focused analysts. Key takeaways: BoJ tightening could pressure Bitcoin by draining global liquidity. Macro and technical signals align around a $70,000 downside target. BOJ hikes preceded 20-30% BTC price corrections Every BOJ rate hike since 2024 coincided with Bitcoin price drawdowns exceeding 20%, according to data highlighted by AndrewBTC. In an X post on Saturday, the analyst highlighted BTC declines of…

Ethereum Holds Support As Smart Money Steps In – What This Means For Price

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Ethereum is holding firm above key support as smart money steps in, hinting at growing confidence beneath the surface. With bullish signals and steady inflows aligning, the market now watches whether this stability can spark a meaningful upside move. ETH Coils Below $3,200 Ahead Of A Decisive Move AltCoin Việt Nam, in a recent post, highlighted that ETH is positioned at an extremely tense moment on its chart, signaling that the asset is preparing for a major directional move. This immediate pressure is being fueled by a significant bullish divergence…

If This Ethereum Bear Flag Pattern Holds, ETH Price Could Be On Its Way To $2,400

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Since early October, when the Ethereum price began its dive into bearish territory, it has struggled to regain any of its significant price levels. The Ether token failed to hold at multiple support zones throughout November, as it plunged downwards.  While Ethereum appears to be gaining bullish momentum to signal an imminent price reversal, a bearish continuation looks like the more probable scenario after the latest decline to $3,000. A popular analyst has recently put forward a prognosis, which paints a worrying picture for the second-largest cryptocurrency. $2,400 Might Be…

XRP Price Holds Above $2 Again — What’s Next For The Altcoin?

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

BNB Price Halts Below $900 as Zerobase Hack Nullifies BNBChain Transaction Record

Key Notes Chain infrastructure celebrates scalability breakthrough while ecosystem security breach undermines investor confidence simultaneously. Malicious contract targets wallet approvals forcing platform to restrict user access pending resolution of frontend vulnerability. Technical indicators show neutral momentum with bulls needing sustained close above $892 to invalidate bearish pressure. BNB BNB $878.3 24h volatility: 0.8% Market cap: $120.98 B Vol. 24h: $1.30 B price remained stuck below $890 on Dec. 12, posting a narrow 0.12% intraday move as competing market catalysts kept sentiment conflicted. The day had begun on a positive note,…

Bitcoin Miners Turn to Renewables As Hash Price Hovers Near Record Lows

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Bitcoin mining companies are turning to renewable energy to reduce costs amid record-low hash price, a critical metric for miner profitability, which is below the $40 level that marks the breakeven point for mining operators. Hash price, which measures expected miner profitability per unit of computing power used to successfully add a block, is about $39.4 per petahash second per day (PH/s/day) at the time of this writing, according to mining data provider Hashrate Index.  Sangha Renewables, a Bitcoin (BTC) miner and renewable energy company, energized a 20 megawatt (MW)…

Silk Road Bitcoins Are On The Move Again, Is The BTC Price Ready For Another Dump?

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After nearly five years of dormancy, a cluster of Silk Road–linked wallets just moved 33.7 Bitcoin—roughly $3 million—in a sudden on-chain resurgence that immediately brought the BTC price back into focus. While the volume is modest, the combination of its origin, timing, and institutional destination gives it an outsized narrative impact. With Bitcoin already navigating a fragile price range, this development raises concerns about renewed downward pressure. The 33.7 BTC Silk Road BTC Transfer And Its Potential Impact On Bitcoin’s Price The movement began with a series of small outputs originating from…

Bitcoin Price Dip Was ‘Not Organic,’ Trader Says

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Bitcoin (BTC) battled stubborn horizontal resistance Friday with $94,000 next on bulls’ radar. Key points: Bitcoin keeps up pressure on familiar resistance levels as optimism over market strength increases. The recent pullback was the result of “manipulative” forces, analysis says. Gold on the way to new all-time highs is an “extremely bearish” macro headwind for Bitcoin. BTC price: Days or weeks until “upwards breakout” Data from Cointelegraph Markets Pro and TradingView showed wavering BTC price action after a trip to $95,500 the day prior. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Up…