Tag: Price

Historical Data Shows How Many Days Are Left Until Bitcoin Price Hits New ATH Above $120,000

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Crypto analyst Cyclop has provided insights into when the Bitcoin price could hit a new all-time high (ATH) above $120,000. This came as the analyst alluded to historical data indicating that BTC could bottom in this bear cycle by the last quarter of this year.ย  Analyst Reveals When Bitcoin Price Will Hit New ATH Based On Historical Data In an X post, Cyclop alluded to historical BTC cycles to show when the Bitcoin price will hit a new all-time high. He noted that between 2015 and 2017, BTC enjoyed a…

Bitcoin Price Action Stalls Near $76K Support as Volatility Compresses

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Key Takeaways Bitcoin held near $76,738 on May 19 as BTC traders defended critical 76K support. Market indicators showed 9 sell signals, keeping BTC momentum mixed near 77K. Bitstamp BTC/USD charts suggest 78.5K resistance could decide bitcoinโ€™s next move. Bitcoin Chart Outlook On the one-hour bitcoin chart, intraday price action stayed compressed. Not much has changed since yesterdayโ€™s price action. Declining volatility and smaller candle formations reflected a market waiting for a catalyst. BTC traded within the $76,055 to $77,666 intraday range while hovering near $77,000 through the session. Consolidation…

Is Bitcoin price headed to $75K as SMA crossover and RSI turn bearish?

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Bitcoin price remained under pressure on Monday as weakening technical indicators, heavy ETF outflows, and rising geopolitical tensions continued weighing on investor sentiment, with traders increasingly watching whether BTC could revisit the key $75,000 support zone next. Summary Bitcoin price slipped toward the $76,000 region as bearish SMA crossover signals and weakening RSI momentum increased downside pressure on BTC. Spot Bitcoin ETFs recorded over $1 billion in recent net outflows, while short-term holders realized losses on more than 15,000 BTC. Analysts identified key Bitcoin support near $75,733, with CoinGlass liquidation…

XRP Price Momentum Turns Fragile, Traders Brace For Further Weakness

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 Stabilizes After Selloff, But Bears Still Hold Advantage

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Ethereum price started a fresh decline and traded below $2,120. ETH is now consolidating above $2,050 and might struggle to recover. Ethereum remained in a bearish zone after a sharp decline. The price is trading below $2,165 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,200 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,200…

Bitcoin Price Weakness Persists, Traders Brace For Possible $75K Test

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Bitcoin price started a fresh decline below the $77,500 zone. BTC is consolidating and might struggle to stay above the $76,000 support. Bitcoin failed to stay above $77,500 and extended losses. The price is trading below $77,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $76,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,000 and $77,500 levels. Bitcoin Price Dips Again Bitcoin price failed to stay…

3 Factors May Send Bitcoin Price Back To $80K

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Key takeaways: Aggressive Bitcoin buying by Strategy helped to offset the recent leveraged long liquidations. Rising bond yields and a heavy US government debt burden are driving investors toward scarce assets. A potential deal between the US and Iran could quickly restore tradersโ€™ risk appetite. Bitcoin (BTC) faced a rejection following a failed attempt to break above $82,000 on Thursday. A subsequent retest of the $76,000 level on Monday triggered $400 million in liquidations for bullish Bitcoin positions over a four-day period. While tradersโ€™ confidence took a hit from the…

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How To Time The Dogecoin Bottom And When The Price Will Reach $2

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Dogecoinโ€™s next major move may depend less on hype and more on exhaustion. A new technical analysis from crypto analyst Cryptollica proposes that the leading meme coin is now trading at another cycle-bottom zone, and the weekly chart is showing the same kind of RSI washout and long compression that previously appeared before notable Dogecoin rallies. Dogecoinโ€™s Fourth Cycle Bottom Comes Into View Dogecoin has spent the better part of the past year being written off. Sentiment has collapsed, price has compressed, and the crowd that once celebrated the meme…

What Will Stop ETH Price Crash?

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Ether (ETH) dropped sharply after rejection at $2,400 last week, dropping as low as $2,100 on Monday, indicating that bears are back โ€œin control,โ€ย according to new analysis. Key takeaways: Ether drops 12% after rejection at $2,400 as bears regain control. Binance sell pressure and ETF outflows signal weak ETH demand. Analysts warn ETH/USD could fall toward $1,700 if support at $2,000 breaks. ETH bears selling aggressively Data from TradingView shows ETH price trading at $2,100, down 12% below its local high of $2,420 reached on May 6. On Sunday, ETH/USD…