Tag Archives: bitcoin price

Bitcoin Crashes Near $60,000: $62B In Treasuries Erased, Analyst Sees Potential Bottom Ahead

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Bitcoin (BTC) extended its decline on Friday, sliding to levels not seen since early February, leaving the broader market under renewed pressure and deepening bearish sentiment.  Since reaching its all-time high of $126,000 last October, Bitcoin is now down roughly 52%, reinforcing the sense that the sell-off is more than a short-term dip. Bitcoin Treasury… Continue reading Bitcoin Crashes Near $60,000: $62B In Treasuries Erased, Analyst Sees Potential Bottom Ahead→

Bitcoin Whales Return To Binance As Selloff Echoes February Panic

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Bitcoin’s June correction is now being accompanied by a sharp rise in whale deposits to Binance, according to CryptoQuant analyst Darkfost, reviving a pattern last seen during the market’s February stress event. The data suggests that large holders are moving more BTC back onto the exchange as the selloff deepens, potentially adding near-term supply pressure.… Continue reading Bitcoin Whales Return To Binance As Selloff Echoes February Panic→

Are Institutions Crashing The Bitcoin Price On Purpose? Here’s What People Are Saying

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Crypto pundit Ash Crypto has drawn attention to speculations about how institutions could be crashing the Bitcoin price on purpose. This comes as the Bitcoin ETFs continue to record massive outflows, which have caused this latest decline for the leading crypto.  Pundit Highlights Speculations Of Institutions Purposely Crashing Bitcoin Price In an X post, Ash… Continue reading Are Institutions Crashing The Bitcoin Price On Purpose? Here’s What People Are Saying→

Bitcoin’s Crash Has Broken Below A 4-Month Support, But There’s Still One More Play Left

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Bitcoin (BTC) has been in a sharp downtrend over the past two weeks, facing steady declines as selling pressure, market volatility, and negative sentiment weigh on its price. During one of its recent market crashes, a crypto analyst noted that BTC had officially broken below a critical four-month support level, leaving the cryptocurrency in a… Continue reading Bitcoin’s Crash Has Broken Below A 4-Month Support, But There’s Still One More Play Left→

Bitcoin Price Back At $63,000 Despite 1.2 Million BTC Absorption

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Data shows the spot ETFs and Strategy have absorbed more Bitcoin than Satoshi’s stack since the asset was last at $63,000, yet the asset has returned to the same level. Bitcoin Could Be Headed Toward The Realized Price In a new post on X, CryptoQuant founder Ki Young Ju has talked about the latest crash… Continue reading Bitcoin Price Back At $63,000 Despite 1.2 Million BTC Absorption→

Bitcoin Price In ’Vulnerable Position’ As 2022 Playbook Repeats – Is $54,000 Next?

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While Bitcoin (BTC) trades at its lowest levels in months, some market watchers have warned that the leading crypto may be preparing for another major drop as it retests a critical technical area that has historically marked a turning point. Bitcoin Tags Key 200‑Week SMA After Four Years After falling 15% over the past four… Continue reading Bitcoin Price In ’Vulnerable Position’ As 2022 Playbook Repeats – Is $54,000 Next?→

Bitcoin’s $60K Range Seen As Potential Long-Term Accumulation Zone, Analyst Says

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A heavy wave of US Treasury issuance, a $250 billion IPO pipeline, and a shift in big tech cash toward AI spending are among the pressures Jamie Coutts says could keep markets tight for a while longer. The Real Vision chief crypto analyst still thinks Bitcoin buyers in the $60,000s may be getting a rare… Continue reading Bitcoin’s $60K Range Seen As Potential Long-Term Accumulation Zone, Analyst Says→

Standard Chartered Just Issued A Bitcoin Warning — And The 3 Triggers Are Already In Motion

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Standard Chartered’s head of digital assets research, Geoff Kendrick, has outlined three specific scenarios that stand between Bitcoin and a new market low — a sobering analysis arriving as Bitcoin trades near $62,562, its lowest level since the February lows, and ETF outflows reach historically severe levels, according to a CoinDesk report. The analysis from… Continue reading Standard Chartered Just Issued A Bitcoin Warning — And The 3 Triggers Are Already In Motion→

Bitcoin’s Great Wealth Transfer May Fuel Next Rally, Says CryptoQuant CEO

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CryptoQuant CEO Ki Young Ju says Bitcoin’s current distribution phase may be less a sign of structural weakness than a major transfer of supply from old market participants to US financial institutions, ETFs and new long-term holders. In a series of posts on X, Ki argued that selling by Bitcoin OGs and long-time miners is… Continue reading Bitcoin’s Great Wealth Transfer May Fuel Next Rally, Says CryptoQuant CEO→

Here’s Why The Bitcoin Price Is Crashing And What To Expect Next

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The Bitcoin price has suffered a significant crash, falling from above the psychological $70,000 this week. Crypto pundit Nobler cited why the leading crypto was crashing, while analyst Chiefy revealed what to expect next from BTC.  Why The Bitcoin Price Is Crashing In an X post, Nobler revealed that the USDT issuer Tether was liquidating… Continue reading Here’s Why The Bitcoin Price Is Crashing And What To Expect Next→