Tag: Price

Here’s why Bitcoin price is crashing below $110k

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Bitcoin price dropped below the $110,000 threshold again today after it made an attempt to climb past $110k. Analysts discovered that the 30-day moving average has fallen to its lowest level. Summary Bitcoin price fell below $110,000 ass its 30-day moving average plummets to the lowest level since 2018. The downward trend may be a result of the Fed-fueled rally coming to a close, as BTC faces significant selling pressure. On August 27, Bitcoin (BTC) price fell from its earlier peak at $117,279 last Friday and stood around $109,526, slipping…

Bitcoin Price Not Tied to Halvings Anymore, But Something Else

Key Notes Bitcoinโ€™s market cycles are no longer centered around halvings. Adoption, market structure, and institutional activity drive todayโ€™s cycles. Exchange inflows are at historic lows, signaling reduced selling pressure. For years, Bitcoin BTC $110 821 24h volatility: 0.7% Market cap: $2.21 T Vol. 24h: $39.34 B maxis assumed that halving events were the defining milestones of the marketโ€™s cycles. Each four-year cut in mining rewards was believed to trigger supply shocks and set the stage for explosive bull markets. However, new analysis suggests that Bitcoinโ€™s price is no longer…

HYPE Price Surges Past $51 โ€” $65 Target on the Horizon?

Key Notes HYPE price increased by 34% in 24 hours to a new all-time high above $51. Aggressive buybacks and validator expansion boosted market sentiment. Hyperliquid generated $5.5 million in daily revenue, surpassing Ethereum and Solana. Hyperliquidโ€™s native token HYPE BTC $110 885 24h volatility: 0.5% Market cap: $2.21 T Vol. 24h: $39.75 B has gained more than 34% in the past 24 hours, reaching a fresh all-time high of $51.07 after climbing from a daily low of $44.73. The explosive rally has pushed the tokenโ€™s weekly gains to over…

Bitcoin price dip to $111K flushes out short-term holders

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Bitcoin slipped to $111,038 at press time, up 0.9% in the last 24 hours but still down 2.4% over the past week as short-term speculators appear ti be selling. Summary Bitcoin price trades around $111K, 10% off its Aug. 14 all-time high. New investors capitulate, while 1โ€“6 month holders stay profitable. RSI nears oversold, hinting at short-term relief. Bitcoin (BTC) is now trading about 10% below its all-time high of $124,128 set on Aug. 14. Trading activity has cooled, with 24-hour spot volume at $38.7 billion, a 33% drop from…

Bitcoin Traders Say BTC Price Must Hold $110K To Avoid Deeper Correction

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Key takeaways: Bitcoin price needs to hold above $110,000 to avoid further losses. The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak. Bitcoinโ€™s (BTC) price saw modest gains on Wednesday, rising 0.9% over 24 hours to trade at around $111,000. Several analysts said the next most crucial support was $110,000, and the price must hold it to avoid a deeper correction. โ€œBTC is at a make-or-break level,โ€ said Swissblock in a Wednesday post on X.ย  The private wealth manager asserted that…

XRP Price Recovers Slightly, Can Buyers Push Past Obstacles?

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 Eyes Upside Continuation, Bulls Preparing for Fresh Move

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Ethereum price started a fresh decline below the $4,550 zone. ETH is now correcting losses and might aim for a move above the $4,650 zone. Ethereum started a fresh upward move from the $4,320 zone. The price is trading near $4,580 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $4,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below $4,460 in the near term. Ethereum Price…

Bitcoin Price Recovery Stalls, Can Bulls Overcome the Key Resistance?

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Bitcoin price is showing bearish signs below $113,500. BTC is struggling to recover and might face hurdles near the $113,000 zone. Bitcoin started a fresh decline below the $111,400 zone. The price is trading below $111,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $111,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $112,500 resistance zone. Bitcoin Price Attempts Recovery Bitcoin price started a fresh decline…

BREAKING – White House Crypto Executive Just Released The Cryptocurrency Bulls!

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Bitcoin Price Could Drop to $60K During The Next Bear Market

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It is now clear to most investors, especially those who have survived one or more crypto winters, that Bitcoin moves in cycles of about four years. Many argued until 2022 that Bitcoin would always remain above its previous highs. This happened in 2011, in 2014 and in 2018. In 2022, however, the price of Bitcoin fell, due to the collapse of FTX, to $15,000, below the fateful threshold of $20,000, which was briefly reached, albeit for a few days in December 2017. While everyone is trying to predict what the…