Tag: Price

Bitcoin price could crash further, Standard Chartered slashes target

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The Bitcoin price has already crashed by nearly 50% from its all-time high, and a top long-term bull believes there is more downside to come in the near term. Summary Bitcoin price has slumped from the all-time high to $66,000. Standard Chartered warned that the coin may drop to $50k. Technical analysis suggests that the coin may fall before rebounding. Bitcoin (BTC) retreated to $66,000 on Thursday, a few points above the year-to-date low of $60,000. This decline has persisted as its divergence from American stocks has widened, with leading…

Bitcoin Price Stuck Under $72K As Consolidation Looms: New Research.

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Fresh data from Glassnode claims that Bitcoin (BTC) could be in for another “prolonged phase of range-bound” price action if key support levels are not reclaimed. Key takeaways: Bitcoin is stuck between key cost-basis levels, predicting 2022-type consolidation unless key support levels are reclaimed. Bitcoin price needs to take out the resistance at $72,000 to break out of consolidation. Bitcoin faces overhead supply challenges In the Feb. 11 edition of its regular newsletter, The Week On-chain, onchain data provider Glassnode confirmed key supply zones constraining upside follow-through and “creating overhead…

Bitcoin Price Prediction For BIP-360 Quantum-Resistant Upgrade

Bitcoin’s march toward becoming a global reserve asset has faced one persistent existential question: What happens when quantum computers become powerful enough to crack its cryptography? A new proposal, BIP-360, aims to answer this, potentially clearing the final hurdle for institutional adoption. But is $1 million a real possibility for Bitcoin? For now, the first step for BTC $66 588 24h volatility: 0.1% Market cap: $1.33 T Vol. 24h: $45.25 B in our Bitcoin price prediction is to hold the $60K level. DISCOVER: Next Crypto to Explode What is BIP-360? A…

Bitcoin price could bottom at $65K before major relief rally

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Bitcoin price is approaching a critical $65,000 support zone where Fibonacci and channel confluence suggest a potential local bottom may form before a strong relief rally unfolds. Summary Rising channel support and 0.618 Fibonacci converge near the $64,400–$65,000 zone Local downtrend likely persists until stronger support is tested Bullish volume at support could spark a relief rally toward channel resistance Bitcoin (BTC) price action remains corrective in the near term, with the market continuing to rotate lower within a broader rising channel. After failing to hold the channel midpoint, BTC has slipped into…

Cardano Price Prediction: CME Cardano Futures Launch Triggers 3% ADA Dip

The highly anticipated debut of Cardano (ADA) futures on the Chicago Mercantile Exchange (CME) has materialised as a classic “sell the news” event. Despite institutional optimism regarding the regulated product, the launch was immediately followed by a 3% dip, sending the ADA price testing critical support levels near $0.25. Cardano, Chainlink and Stellar futures are now available to trade. Expand your trading strategy with the capital efficiency and flexibility of these new contracts, available in both larger and micro sizes. Start trading today. ➡️https://t.co/CMksnUfZpo pic.twitter.com/19thOQHGZk — CME Group (@CMEGroup) February…

Bitcoin Social Sentiment Stays Bearish Even As Price Recovers From $60,000 Drop

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Data shows the social media sentiment around Bitcoin has remained deeply bearish despite the recovery that the cryptocurrency’s price has made. Social Media Data Suggests Retail Still Fearful About Bitcoin In a new post on X, analytics firm Santiment has discussed about how the Positive/Negative Sentiment for Bitcoin has developed on social media following the recent recovery surge in the asset’s price. Related Reading The Positive/Negative Sentiment refers to an indicator that tells us, as its name suggests, how the positive and negative sentiments related to a given asset compare…

Bitcoin price prediction as BTC ETFs break three-day inflow streak

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Bitcoin prices traded cautiously after US-listed spot Bitcoin ETFs snapped a three-day inflow streak, adding pressure to an already fragile market structure. Summary Bitcoin traded cautiously near $67,000 after US-listed spot Bitcoin ETFs ended a three-day inflow streak, flipping back to net outflows. ETF flow data points to waning institutional demand, reinforcing fragile market structure amid ongoing price consolidation. Technically, BTC remains well below its 50-day moving average, with RSI in the low-30s, keeping near-term momentum tilted to the downside. Bitcoin price struggles as ETF momentum stalls Bitcoin (BTC) was…

Bitcoin Realized Losses Hit Luna Crash Levels — But Price Context Points To A Different Market Phase

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Bitcoin is facing renewed selling pressure after losing the key $70,000 level, a breakdown that has pushed the market into a more defensive phase. The inability to hold this psychological support has weighed on sentiment. With traders increasingly cautious as volatility rises and liquidity conditions remain uncertain. Price action near the mid-$60,000 range now represents a critical zone where market participants are assessing whether the current move is a deeper correction or simply another consolidation phase within the broader cycle. Related Reading On-chain data highlighted by analyst Axel Adler adds…

XRP Price Steadies Above Support, Break Higher Or Fade Again?

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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 Cracks $2,000, Opening Door To Deeper Selloff

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Ethereum price started a fresh decline and traded below $2,000. ETH is now consolidating and remain at risk of another decline below $1,950. Ethereum struggled to extend gains above $2,020 and corrected lower. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,980 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,020 zone. Ethereum Price Dips Further Ethereum price failed to stay above…