Tag Archives: bitcoin price

Bitcoin Holds Strong Despite Israel-Iran Tensions – Weekly Resistance Begins To Crack

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Bitcoin has weathered a wave of volatility in recent days, triggered by the escalating conflict between Israel and Iran. As geopolitical tensions rise and global markets grapple with uncertainty, risk assets like BTC have faced increased pressure. Yet despite this turbulent backdrop, Bitcoin has managed to maintain its footing above key support levels, demonstrating notable… Continue reading Bitcoin Holds Strong Despite Israel-Iran Tensions – Weekly Resistance Begins To Crack→

Stablecoin Exchange Inflows Plummet $61 Billion—Warning Sign For Bitcoin?

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On-chain data shows the exchange inflows related to the stablecoins USDT and USDC have seen a sharp plunge. Here’s what this could mean for Bitcoin and other cryptocurrencies. Stablecoin Exchange Inflows Have Dropped Below Yearly Average In a new stablecoins in the sector, USDT and USDC. The “Exchange Inflow” refers to an on-chain indicator that… Continue reading Stablecoin Exchange Inflows Plummet $61 Billion—Warning Sign For Bitcoin?→

On-Chain Analyst Warns: Bitcoin Peak Expected, Altcoins Facing -95% Plunge

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As Bitcoin (BTC) and the broader cryptocurrency market show tentative signs of recovery following the most recent correction, a crypto analyst has made a bold statement suggesting that the market may have already reached its peak.  BladeDeFi, in a recent post on X (formerly Twitter), warned followers that a significant downturn could be on the… Continue reading On-Chain Analyst Warns: Bitcoin Peak Expected, Altcoins Facing -95% Plunge→

Will The Bitcoin Price Move Above $110,000 Again? Global M2 Money Supply Shows What’s Next

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Bitcoin’s current trading range is all part of a consolidation move before a return above $110,000. Although the leading cryptocurrency has largely held above the $105,000 support zones in recent days, its rally has taken a hit in the past two weeks.  Technical analysis of Bitcoin’s price action, when overlapped with the Global M2 Money… Continue reading Will The Bitcoin Price Move Above $110,000 Again? Global M2 Money Supply Shows What’s Next→

Key Fractal From 2023 Says Bitcoin Price Is Still Bullish, But A Crash To $90,000 Could Be Coming

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Crypto analyst X Force has drawn the crypto community’s attention to a key fractal from 2023, which paints a bullish picture for the Bitcoin price. However, the analyst suggested that a drop to $90,000 could still be on the cards for BTC, although that won’t invalidate the macro setup.  Key Fractal Shows Bitcoin Price Is… Continue reading Key Fractal From 2023 Says Bitcoin Price Is Still Bullish, But A Crash To $90,000 Could Be Coming→

Bitcoin Price Bounces Back: Bulls Eye New Upside Leg

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Bitcoin price started a fresh decline and tested the $103,200 zone. BTC is now recovering and might aim for a move above the $106,800 resistance. Bitcoin started a fresh decline below the $106,800 and $105,500 levels. The price is trading near $105,800 and the 100 hourly Simple moving average. There was a break above a… Continue reading Bitcoin Price Bounces Back: Bulls Eye New Upside Leg→

Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000

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The Bitcoin price, while still holding above $100,000, has not exactly inspired confidence in the crypto community recently. This comes as the digital asset failed to break above new all-time highs during last week’s rallies and, with the Israel-Iran conflict, saw a sharp plunge, erasing its weekly gains. Amid this, the bears have gained even… Continue reading Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000→

Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout

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Bitcoin is still trying to regain short-term bullish momentum, as shown by its price action in the past 24 hours. After briefly slipping below $104,500, the cryptocurrency bounced back to trade above $106,000, and technical analysis now shows a technical formation that could cause the start of a more extended rally.   Interestingly, as seen in… Continue reading Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout→

Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level

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Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range looks a lot like the $31,000–$64,000 sideways move before the sharp drop in early 2022. Traders and analysts are split over whether history is about to repeat itself or if fresh demand will keep Bitcoin… Continue reading Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level→

Bitcoin Price Forms Descending Triangle Pattern Amid Israel-Iran Tensions

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The recent escalation in tensions between Israel and Iran has added a new wave of anxiety in the global markets, causing investors to adopt a more cautious stance towards investing. At the same time, Bitcoin’s technical chart is sending mixed signals that could lead to a breakout in either direction.  After a failed attempt to… Continue reading Bitcoin Price Forms Descending Triangle Pattern Amid Israel-Iran Tensions→