Tag Archives: bitcoin price

Bitcoin Candlestick Structure That Led To Crash To Below $20,000 Last Cycle Just Appeared Again

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Bitcoin (BTC) is showing technical warning signs that have caught the attention of market watchers, with one analyst now predicting a dramatic price collapse in the world’s largest cryptocurrency. The analyst noted that a Bitcoin candlestick pattern that previously preceded a devastating crash to below $20,000 has reappeared on the weekly chart, reigniting fears that… Continue reading Bitcoin Candlestick Structure That Led To Crash To Below $20,000 Last Cycle Just Appeared Again→

Bitcoin Is Repeating 2022 Playbook That Triggered Crash To $17,500

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The 2022 Bitcoin crash has been one for the history books, where the price went from $69,000 to $16,000 before hitting a bottom. Being the most recent bear market before the current cycle, there have been a lot of comparisons between the current trend and the previous one. So far, while the Bitcoin price has… Continue reading Bitcoin Is Repeating 2022 Playbook That Triggered Crash To $17,500→

Bitcoin At The Bottom? The 23-Month Cycle That Has Never Failed

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Crypto analyst Coinvo has explained why Bitcoin may be close to a bottom, which could spark a rally to new highs. This comes as BTC continues to face downside pressure due to the rising tensions between the U.S. and Iran.  Why Bitcoin May Soon Reach A Bear Market Bottom In an X post, Coinvo alluded… Continue reading Bitcoin At The Bottom? The 23-Month Cycle That Has Never Failed→

Expert Trader Shows ‘Simple Math’ To Calculate The Bitcoin Price Bottom

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A crypto market analyst has outlined what he describes as a straightforward mathematical method that helped identify the bottom of Bitcoin’s previous bear market. By focusing on long-term Fibonacci levels and quarterly price behavior, the analyst argues that the same structural logic that marked the 2022 bottom is now shaping Bitcoin’s next macro phase. Simple… Continue reading Expert Trader Shows ‘Simple Math’ To Calculate The Bitcoin Price Bottom→

Why Did Bitcoin Price Crash To $67,000, And Ethereum Price Fell Below $2,000?

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Bitcoin’s rally back to the mid-$73,000 region did not last long as the leading cryptocurrency’s price action reversed as the week came to a close and fell back around $67,000 after momentarily regaining momentum last week, pulling Ethereum down with it till the ETH price also lost the $2,000 price level.  However, the pullback of… Continue reading Why Did Bitcoin Price Crash To $67,000, And Ethereum Price Fell Below $2,000?→

Bitcoin Price Sinks Below $68K, Downside Targets Come Into Focus

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Bitcoin price started a fresh decline below $68,500 and $68,000. BTC is now consolidating and might struggle to start a recovery wave above $68,500. Bitcoin started a fresh decline after it settled above the $69,500 zone. The price is trading below $68,000 and the 100 hourly simple moving average. There was a break below a… Continue reading Bitcoin Price Sinks Below $68K, Downside Targets Come Into Focus→

43% of Bitcoin Supply Is In Loss As Market Nears Bear Territory

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A growing share of Bitcoin supply has slipped underwater, with CryptoQuant contributor Darkfost arguing that the market is now sitting much closer to historical bear-phase conditions than to a confirmed bull trend. His latest charts show 43% of Bitcoin supply held in UTXOs is currently in loss, leaving just 57% in profit. Darkfost is looking… Continue reading 43% of Bitcoin Supply Is In Loss As Market Nears Bear Territory→

Bitcoin Bear Market Could Be Shrinking, But Are We Watching History Repeating Itself?

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Bitcoin has fallen back below $70,000 as selling pressure continues to dominate among crypto traders. Notably, there is currently little sign of strong buying demand that could stop further downside and the current structure still leaves room for a Bitcoin price drop below $60,000. Interestingly, technical analysis shows that the Bitcoin price action is beginning… Continue reading Bitcoin Bear Market Could Be Shrinking, But Are We Watching History Repeating Itself?→

Bitcoin LTH Supply Activity Continues To Rise — Further Downside For Price?

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Following a rollercoaster performance during the past week, Bitcoin has had a somewhat stable price action throughout the weekend. With eyes on the escalating tensions in the Middle East, it’s been a little challenging to determine the future trajectory of the crypto market. Nevertheless, the technical and on-chain structure of the premier cryptocurrency suggests that… Continue reading Bitcoin LTH Supply Activity Continues To Rise — Further Downside For Price?→

Bitcoin Price Must Not Drop Below $63,700, Analyst Warns

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An on-chain data expert has identified a critical level that the Bitcoin price must not break, or it could be at risk of a significant downturn. Critical Levels For BTC Price: Alphractal CEO On Saturday, March 7, Alphractal founder and CEO Joao Wedson revealed on the social media platform X that the $63,700 level is… Continue reading Bitcoin Price Must Not Drop Below $63,700, Analyst Warns→