Tag Archives: bitcoin price

Bitcoin $178K Target In Sight? Analyst Highlights Bollinger Band Retest Mirroring Jan. 2024 Rally

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Bitcoin has been on a correction path since it reached a new all-time high of $108,135 on December 17. Notably, this correction has seen the leading cryptocurrency decline by about 10% up until the time of writing and even breaking below $93,000 very quickly. This notable decline has seen Bitcoin retesting the Bollinger Bands, and… Continue reading Bitcoin $178K Target In Sight? Analyst Highlights Bollinger Band Retest Mirroring Jan. 2024 Rally→

Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You

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As of December 21, 2024, the Bitcoin price is trading at around $98,600, reflecting a 3.4% increase from its previous close. This rise is part of a broader trend marked by substantial price fluctuations in the past seven days, which saw Bitcoin breaking below close support levels. Particularly, Bitcoin’s price movement in the past few… Continue reading Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You→

Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?

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Bitcoin has had a whirlwind few days, hitting an all-time high (ATH) last Tuesday before tumbling into a sharp 15% correction. This period of heightened volatility has left investors divided, with some expecting a continued uptrend while others brace for more downside. The market is closely watching Bitcoin’s ability to reclaim its bullish momentum. Top… Continue reading Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?→

Bitcoin Price Could Rally To $178,000 If History Repeats — Here’s Why

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The price of Bitcoin fell to around $92,000, Friday afternoon, December 20 after the US Federal Reserve’s rate cut triggered a sharp selloff in the crypto market. However, the premier cryptocurrency seems to be recovering nicely, having returned above the $97,000 level on the same day. While investors would be hoping to see the Bitcoin… Continue reading Bitcoin Price Could Rally To $178,000 If History Repeats — Here’s Why→

Bitcoin Demand On The Rise Again — What’s Happening?

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This week was one of two distinct halves for the price of Bitcoin, with the premier cryptocurrency rising to a new all-time high and dropping by about 13% a few days later. On Friday, December 20, the BTC price dropped to as low as $92,000. This abrupt Bitcoin price decline came following the US Federal… Continue reading Bitcoin Demand On The Rise Again — What’s Happening?→

Bitcoin Will Test ATH Once It Breaks This Strong Supply Zone – Details

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Bitcoin is currently trading at $97,600, following a sharp dip from its all-time high and a modest recovery from the critical $92,000 support level. This recent price movement highlights the market’s ongoing volatility as investors grapple with shifting sentiment and technical levels. Despite the rebound, Bitcoin now faces a significant challenge in sustaining its upward… Continue reading Bitcoin Will Test ATH Once It Breaks This Strong Supply Zone – Details→

Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn?

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Bitcoin has faced its first major correction since early November, dropping 13% from its all-time high of $108,364. This sudden pullback has sent shockwaves across the crypto market, shifting sentiment from extreme bullishness to uncertainty and even fear. The sell-off has been particularly brutal for altcoins, many of which are bleeding hard as Bitcoin struggles… Continue reading Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn?→

Is This The Bottom? Experts Weigh In On Bitcoin 13% Dip And Potential Recovery

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Bitcoin (BTC) is experiencing its first seven-day decline in eight weeks, prompted by hawkish signals from the US Federal Reserve (Fed) that have led traders to sell off the asset, which has more than doubled in value this year.  Bitcoin Rebounds To $97,500 After Historic ETF Outflow The market’s leading cryptocurrency saw a drop of… Continue reading Is This The Bottom? Experts Weigh In On Bitcoin 13% Dip And Potential Recovery→

Spot Bitcoin ETFs Bleed: 6,700 BTC Exit Amidst Largest Outflow In Months

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Amid a wider readjusting of market expectations for interest rate cuts by the Federal Reserve (Fed) for 2025, investors withdrew a record $680 million from Bitcoin ETFs on Thursday, the highest outflow in a single day since January’s approval of these investment funds. Grayscale And Bitwise Bitcoin ETFs Experience 8% Decline  As Bitcoin ETFs faced… Continue reading Spot Bitcoin ETFs Bleed: 6,700 BTC Exit Amidst Largest Outflow In Months→

Is The Bitcoin Top In For This Cycle? On-Chain Signals You Need To Know

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Bitcoin’s price retracement from its new all-time high of $108,353 on Tuesday to around $96,000 (a -11.5% pullback) has ignited intense speculation about whether the current bull cycle is nearing its peak. To address growing uncertainty, Rafael Schultze-Kraft, co-founder of on-chain analytics provider Glassnode, released a thread on X detailing 18 on-chain metrics and models.… Continue reading Is The Bitcoin Top In For This Cycle? On-Chain Signals You Need To Know→