Bitcoin price started a downside correction from $94,500. BTC is now struggling and might dip toward the key support at $89,000. Bitcoin started a downside correction and traded below the $92,000 zone. The price is trading below $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $92,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $92,500 zone. Bitcoin Price Starts Downside Correction Bitcoin price failed…
Tag: Price
Strategist Reveals What Will Drive XRP Price To $100 Per Coin
XRP has opened the year on a firm footing, reversing the bearish momentum that carried it through the closing weeks of last year. Interestingly, one strategist is already pushing the conversation far beyond near-term targets. In a recent post on the social media platform X, BarriC outlined a psychological roadmap that explains how XRP could eventually trade at $100 per coin. This roadmap is built around how investor attitudes start to change as XRP reaches different price levels, which will gradually turn disbelief into C and urgency. Complacency At $2…
Why bitcoin price remains range bound with $80,000 in focus
Bitcoin price is stalling at key resistance, and repeated rejections combined with weak momentum keep price range-bound, with $80,000 emerging as the key downside level. Summary Bitcoin continues to reject key resistance near recent highs. Weak bullish volume suggests the rally lacks conviction. A confirmed rejection could trigger a rotation toward $80,000 support. Bitcoin (BTC) price continues to trade within a clearly defined range, struggling to break above resistance despite multiple attempts to reclaim it. Price is currently near a critical resistance zone, where repeated failures have reinforced the market’s…
Here’s Why the Bitcoin Price Was Able To Break $94,000
Bitcoin has kicked off 2026 on a good note, starting with the price breaking through the $94,000 barrier in early January, a threshold it hadn’t traded at for weeks. The surge wasn’t the result of a single cause, but rather a convergence of changing power between buying and selling pressure, improving institutional interest, on-chain signals pointing to a stabilizing market, and unexpected political developments in Venezuela that seem to have contributed to an appetite for risk assets. Geopolitical Risk-On Sentiment And Institutional Flows One of the important forces behind Bitcoin’s…
Bitcoin Price Falls Despite ‘Really Bullish’ MSCI Update: What Went Wrong?
Bitcoin (BTC) fell 2.30% on Wednesday, hitting an intraday low near $91,550. BTC/USDT daily price chart. Source: TradingView The decline came despite bullish signals, including a whale-linked $280 million BTC accumulation move and MSCI’s decision to keep crypto treasury companies in its benchmark indexes. Source: X MSCI limits passive demand for Strategy’s shares In the Tuesday announcement, MSCI said it will no longer adjust index weightings to reflect newly issued shares. Source: MSCI Previously, when companies like Strategy issued new equity to raise capital for Bitcoin purchases, passive funds tracking…
Catalysts That Suggests The Dogecoin Price Rally Could Continue
Several catalysts have emerged that point to a sustained upward momentum for the Dogecoin price. This comes amid DOGE’s 26% gain to begin the year, with the meme coin now looking to break above the $0.15 resistance. Factors That Could Contribute To A Sustained Dogecoin Price Rally One factor pointing to a sustained Dogecoin price rally is the recent inflows into DOGE ETFs. SoSoValue data show that Bitwise and Grayscale’s funds have recorded net inflows on two of the three trading days this year. Notably, the Dogecoin ETFs recorded inflows…
Bitcoin price enters moderate expansion as spot-driven gains outpace derivatives
Adler AM says Bitcoin’s price advance is spot-led, with its derivatives pressure index in “Expansion (Moderate)”, negative divergence, and no signs of euphoric leverage yet. Summary Adler AM’s composite derivatives pressure index, normalized on a 0–5 Z-Score scale, has turned positive after December’s flat-to-negative readings. Divergence between price and open interest is negative, meaning BTC price has risen faster than OI, a classic signature of a healthier, spot-led rally. The current regime is “Expansion (Moderate)”; risk rises if OI accelerates, divergence flips sharply positive, and liquidations spike without fresh spot…
XRP Price Moves Sideways, Setting Up a Potential Dip-Buy Zone
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 Upside Story Isn’t Finished Yet, Charts Suggest
Ethereum price started a steady upward move above $3,200. ETH is now consolidating gains and might aim for more gains above $3,300. Ethereum started a fresh increase above $3,150 and $3,200. The price is trading above $3,220 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,200 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,265 zone. Ethereum Price Holds Gains Ethereum price started a fresh increase after it…
Bitcoin Price Shows Early Signs of a Pullback After Recent Run
Bitcoin price started a fresh increase above $92,500. BTC is now correcting some gains and might revisit the $90,500 support zone. Bitcoin started a fresh increase above the $92,000 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $93,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it stays above the $90,500 zone. Bitcoin Price Faces Resistance Bitcoin price remained supported above the…