Bitcoin is still playing out a series of price actions that look like they may be entering a deeper correction phase. A technical analysis shared on social media platform X by crypto analyst Chiefy suggests that Bitcoin is repeating the macro structures seen after the 2017 and 2021 cycle tops. If the pattern continues to unfold with similar symmetry, the projection is that Bitcoin could fall to as low as $35,000 within days. Bitcoin Imitating 2017 And 2021 Cycle Structures Chiefy’s chart compares three major peaks: the $21,000 high in…
Tag: Price
Bitcoin Eyes $80K as Traders Expect A Short-term BTC Price Rebound.
Bitcoin (BTC) charged above $69,000 on Friday as US CPI data showed cooling inflation, leading traders to hope for a short-term BTC price recovery. Key takeaways: Traders favor a short-term BTC price relief rally, but bulls must first take out the resistance at $68,000 to $70,000. Bitcoin market analysis forecasts a short squeeze toward $80,000 if bulls succeed in confirming the $65,000 level as support. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin price must take out resistance at $68,000 Bitcoin attempted a breakout on Thursday but “got slammed back down at…
Bitcoin Price Metric Sees ‘Undervaluation’ As It Taps Three-Year Lows
Bitcoin (BTC) is approaching “undervalued” territory for the first time in three years as a classic indicator nears its inflection point. Key points: Bitcoin has not been so “undervalued” versus its market cap since March 2023, research shows. The MVRV ratio is approaching its key breakeven level for the first time in over three years. MVRV analysis sees Bitcoin in the process of reversing its downtrend. Bitcoin value metric echoes $20,000 price Research from onchain analytics platform CryptoQuant released on Friday reveals key developments on Bitcoin’s market value to realized…
BNB Chain Expands With $1B Fund Access While BNB Price Nears Critical Support
BNB Chain is stepping up its ecosystem expansion efforts even as the price of BNB hovers near a key long-term support zone. While the network reported strong growth in transactions and real-world asset (RWA) adoption in late 2025, BNB price action in February 2026 reflects mounting technical pressure around the $600–$620 range. Related Reading: Bitcoin May Already Be Entering Crypto Winter, Researchers Warn As of February 11, BNB was trading near $636, down 1.11% over 24 hours, before slipping closer to $609 in subsequent sessions. The token remains under its…
Bitcoin price forecast as whale deposits 10K BTC to Binance
Bitcoin price is facing renewed pressure after on-chain data flagged by Lookonchain revealed that a major whale has moved roughly 10,000 BTC to Binance over the past two days, raising concerns of potential selling activity. Summary Lookonchain flagged a Bitcoin whale moving nearly 10,000 BTC to Binance over two days, raising concerns of potential sell pressure. Bitcoin is trading around $66,900, well below its 50-day SMA near $85,000, confirming a strong short-term downtrend. Key support sits at $65,000 and $60,000, while resistance stands at $72,000 and $78,000–$80,000, with indicators still…
Predicts Price Dive To $50,000 Before Rebound
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…
Shiba Inu At Risk of 70% Decline? Price Breaks Below Parallel Channel
An analyst has pointed out how Shiba Inu’s break below the support line of a Parallel Channel could open the door to a target of $0.00000138. Shiba Inu Has Fallen Under Parallel Channel Support In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern that Shiba Inu has seemingly broken out of recently. The pattern in question is a “Parallel Channel,” which is a type of consolidation channel that forms whenever an asset’s price trades between two parallel trendlines. The upper level of the…
Bitcoin price outlook as $2.5B BTC options expire today
Bitcoin price trades near $68,000 as $2.5 billion in BTC options expire today, placing $74,000 max pain at the center of market focus. Summary Bitcoin has been on a downtrend in February, falling nearly 50% from its all-time high. $2.5B in BTC options expire today with a put/call ratio of 0.72 and max pain at $74,000. RSI sits near 29 as volume and open interest decline across derivatives markets. Bitcoin was trading at $68,280 at press time, down 1.1% over the last 24 hours. The asset has moved within a…
XRP Price Walks a Tightrope As Downside Threat Persists
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 Rejected Again — Is Another Leg Lower Brewing?
Ethereum price started a fresh decline and traded below $1,980. ETH is now consolidating and remain at risk of another decline below $1,920. Ethereum struggled to extend gains above $2,000 and corrected lower. The price is trading below $1,980 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,960 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 Remains In The Red Ethereum price failed to…