Tag: Price

Why Did Bitcoin Price Crash To $67,000, And Ethereum Price Fell Below $2,000?

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Bitcoin’s rally back to the mid-$73,000 region did not last long as the leading cryptocurrency’s price action reversed as the week came to a close and fell back around $67,000 after momentarily regaining momentum last week, pulling Ethereum down with it till the ETH price also lost the $2,000 price level.  However, the pullback of these leading cryptocurrencies is the product of a few forces colliding at once: a war nobody fully priced in and institutions quietly heading for the exits. Here is what happened. Spot Bitcoin ETFs: From Boosting…

Bitcoin price rallies into resistance, bull trap risk grows

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Bitcoin price rallies into channel resistance near $69,150. A rejection here could signal a bull trap and open the door for a rotation toward lower support near $56,000. Summary Key Resistance: Bitcoin testing descending channel resistance near $69,150. Bull Trap Risk: Failure to break higher could confirm a bearish retest. Downside Target: Potential rotation toward $56,000–$58,000 support if rejection occurs. Bitcoin (BTC) price action is currently approaching a critical resistance level that may determine the next major move in the market. After a recent recovery rally, BTC is now testing the upper boundary of a descending…

Expert Trader Shows ‘Simple Math’ To Calculate The Bitcoin Price Bottom

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A crypto market analyst has outlined what he describes as a straightforward mathematical method that helped identify the bottom of Bitcoin’s previous bear market. By focusing on long-term Fibonacci levels and quarterly price behavior, the analyst argues that the same structural logic that marked the 2022 bottom is now shaping Bitcoin’s next macro phase. Simple Math That Identified The Bitcoin Price Bear Market Bottom In an X post shared on March 8, crypto analyst Chetan Gurjar revisited a prediction he made in December 2022 regarding Bitcoin’s bear market low. While…

XRP Price Stays Below $1.40 With 60% of Supply Now in the Red

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XRP (XRP) traded at $1.35 on Monday, a 63% drawdown from its multi-year high of $3.66 reached in July 2025. As a result, many XRP holders are sitting on significant unrealized losses, underscoring the risks facing crypto investors in bear markets. Key takeaways: XRP’s 63% drawdown from its $3.66 multi-year high has left holders with over $50 billion in unrealized losses. Key XRP levels to watch in the short term include $1.40, $1.30 and $1.27. 60% of XRP circulating supply now in the red The XRP/USD pair trades 28% below…

Bitcoin price outlook weakens as oil jumps on Hormuz risks

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Bitcoin price has slipped below $70,000 as oil prices surge more than 60% this year amid rising tensions around the Strait of Hormuz, adding macro pressure to risk assets. Summary Bitcoin trades near $69,984 after falling 3.8% in the past 24 hours, though it remains up about 7.8% over the week. Oil prices have surged more than 60% this year as tensions around the Strait of Hormuz raise concerns about supply disruptions and inflation. Rising short-term volatility suggests the Bitcoin market is entering a repositioning phase that could lead to…

Here’s why Bitcoin price dropped under $66K today

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Bitcoin price briefly touched an intraday low of $65,727 on Monday, March 9, as market sentiment remained risk-off amid concerns surrounding rising oil prices and escalating tensions between the U.S. and Iran.  Summary Bitcoin price briefly fell towards the $65,000 support level as investors reacted to a spike in oil prices. The ongoing conflict between the U.S. and Iran has disrupted trade at the Strait of Hormuz, a global checkpoint for oil distribution. According to data from crypto.news, Bitcoin (BTC) price fell 3.5% to an intraday low of $65,727 on…

Saylor hints at Strategy’s 101st Bitcoin purchase as price slips amid US-Iran tensions

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Strategy may be gearing up for its 101st Bitcoin purchase, according to a cryptic post shared by co-founder Michael Saylor. Summary Michael Saylor has hinted at Strategy’s 101st Bitcoin purchase. The company currently holds 720,737 BTC worth over $48.7 billion. Bitcoin was trading near $67,500, below Strategy’s average purchase cost. As is often the case with Saylor’s posts, he shared Strategy’s Bitcoin accumulation chart, which tracks the company’s purchases since it first began buying the asset in August 2020. “The Second Century Begins,” he wrote on X. Strategy BTC accumulation…

XRP Price Sets Stage for Comeback — Recovery Wave Incoming?

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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 Extends Pullback, $1,920 Support Now Under Threat

Ethereum price started a fresh decline below $2,000. ETH is now correcting gains above $1,920 and might decline further in the near term. Ethereum started a downside correction below the $2,020 zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Dips Further Ethereum price started a…