Tag: Price

Bitcoin Price Recovery Could be Capped at $78K: Here’s Why

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Market analysts say Bitcoin (BTC) is in a relief rally after its 17% recovery from multi-year lows below $60,000, but the $78,000 level is key to reversing the broader downtrend. Key takeaways: Bitcoin price is up 17% from sub-$60,000 lows as onchain data shows signs of returning demand. BTC price resistance around $78,000 must be broken to end the downtrend. Bitcoin buyers are returning Bitcoin’s net taker volume suggests buyers are stepping in as demand for BTC derivatives returned, data from CryptoQuant shows.  Net taker volume, a metric that measures…

Will Bitcoin price drop to $65,000 as bearish forces come into play?

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Bitcoin price risks a drop back to the $65,000 zone as bearish macroeconomic forces continue to impact investor risk sentiment. Summary Bitcoin price failed to hold the $70,000 support on Thursday. Investor demand for risk assets dropped amid surging oil prices and rising U.S. Treasury yields. The latest U.S. CPI print came in line with market expectations, which can force the Fed to keep interest rates elevated for a longer period. According to data from crypto.news, Bitcoin (BTC) price fell 4.8% over the past 7 days, dropping below the $70,000…

XRP Price Reversal Gathers Speed, Downside Pressure Intensifies

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 Struggles Near Highs — Reversal Risk Rising

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Ethereum price started a recovery wave above the $2,020 zone. ETH is now struggling to clear $2,080 and remains at risk of another decline in the near term. Ethereum started a recovery wave above the $2,020 zone. The price is trading above $2,020 and the 100-hourly Simple Moving Average. There is a declining channel forming with support at $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,080 zone. Ethereum Price Faces Key Resistance Ethereum price…

Bitcoin Price Rally Fades, Market Braces for Possible Downside

Bitcoin price failed to extend its recovery wave above the $70,500 zone. BTC is now consolidating and might decline again below $68,500. Bitcoin started a decent recovery wave above the $68,500 zone. The price is trading above $68,650 and the 100 hourly simple moving average. There is a key declining channel or a possible bullish flag forming with support at $68,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $68,400 and $68,000 levels. Bitcoin Price Faces…

Will XRP Reach $4 In 2026? Analyst Predicts How Far Price Can Go

XRP’s prolonged decline has seen its price down more than 60% from its 2025 peak, placing it inside what can be viewed as an extended corrective phase. As expected, this has led to questions among crypto investors as to whether XRP can still go on a rally this year that would see it push to new all-time highs and possibly above $4.  One analyst has now laid out a scenario suggesting XRP could soon complete its correction and begin another upward wave that may eventually push the price to new…

How Geopolitical Shocks Are Setting the BTC Price Floor

The BTC price is trading near $69,200, consolidating above a structurally significant demand zone amid renewed Middle East tensions that are catalyzing a broad risk-off rotation across global equities and commodities. It came as US inflation data rolled in, holding steady at 2.4% year-on-year. However, this data was collected before oil spiked to $115 amid the Hormuz disruptions. BREAKING: February CPI inflation was unchanged, at 2.4%, in-line with expectations of 2.4%. Core CPI inflation was 2.5%, in-line with expectations of 2.5%. Core CPI inflation before the Iran war was at…

Price predictions 3/11: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR

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Bitcoin is facing resistance just above $70,000, but the bulls have kept up the pressure, increasing the possibility of a rally to $74,508. Key points: Bitcoin is facing selling above $70,000, but a shallow pullback increases the likelihood of a rally to $74,508. Select major altcoins are showing strength and may break above their overhead resistance levels. Read more Original

What To Expect For The Bitcoin Price After The Weekend Breakdown Below $70,000

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Crypto analyst Doctor Profit has provided insights into what to expect from the Bitcoin price after it dropped below $70,000 over the weekend. This comes as the leading crypto continues to face pressure due to the U.S.-Iran war and volatile oil prices.  What To Expect From The Bitcoin Price In an X post, Doctor Profit said that he expects the Bitcoin price to move sideways between $57,000 and $87,000. The analyst noted that this sideways price action is not bullish but a preparation for what is coming in the next…

Will Bitcoin price surge to $80k as US core inflation falls, ETF inflows jump?

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Bitcoin price has jumped by 16% from its lowest point this year, and is hovering at the crucial resistance at $70,000. This recovery may continue in the near term amid robust ETF inflows and falling core inflation. Summary Bitcoin price remained above the key resistance level at $70k. Data shows that the US core inflation eased to 0.2% in February. Spot Bitcoin ETF inflows are nearing $1 billion this month. Bitcoin (BTC) was trading at $70,000 today, March 11, up from the lowest point this year. Its daily volume soared…