Tag Archives: bitcoin technical analysis

Bitcoin Holds At $69,000— Glassnode Data Shows What To Expect Through Late March

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Bitcoin (BTC) has settled back into the familiar consolidation band between roughly $65,000 and $74,000 after a short-lived attempt to clear higher resistance walls at around $76,000 earlier in the week failed.  Trading around $69,000 at the time of writing, on-chain analytics from Glassnode and market commentary from analysts suggest the market is likely to… Continue reading Bitcoin Holds At $69,000— Glassnode Data Shows What To Expect Through Late March→

Citigroup Lowers 12-Month Bitcoin Price Forecast To $112,000, ETH To $3,175—Here’s The Reason

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Despite a recent resurgence in prices, Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies by market capitalization, are not expected to achieve new all-time highs this year, according to analysts at Citigroup.  The company significantly revised its forecasts for both cryptocurrencies on Tuesday, reflecting concerns about the slow pace of legislative progress in the… Continue reading Citigroup Lowers 12-Month Bitcoin Price Forecast To $112,000, ETH To $3,175—Here’s The Reason→

This Week Could Be The Most Volatile For Bitcoin In 2026, Top Expert Warns

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Bitcoin (BTC) is currently hovering above the recently breached $74,000 resistance, positioning to reclaim price levels not seen since the fourth quarter of last year. However, this week’s activity is set to be turbulent, with market expert Virtual Bacon predicting it could be the “most volatile week in Bitcoin all year.” Bear Market Prevails In… Continue reading This Week Could Be The Most Volatile For Bitcoin In 2026, Top Expert Warns→

Bitcoin Returns To Full Bull Mode: Key Indicators Signal Bottom And Major Relief Rally

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Bitcoin (BTC) has briefly surpassed the critical resistance level of $74,000, generating renewed optimism among investors as key market indicators suggest the potential for a bottom and further recovery for the leading cryptocurrency.  A Potential Surge To $108,000 Market analyst Ali Martinez drew attention to a significant development in a social media post on Monday,… Continue reading Bitcoin Returns To Full Bull Mode: Key Indicators Signal Bottom And Major Relief Rally→

Bitcoin Fails To Break $74,000 Resistance: Analyst Predicts ‘Structural Bottom’ Yet to Form

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Bitcoin (BTC) made a notable recovery on Friday, witnessing a 4% surge that led the leading cryptocurrency to retest the critical $74,000 resistance level, which has remained unbroken for the past month.  However, even with this upward movement, the cryptocurrency has retraced to approximately $72,215, establishing itself at the upper boundary of its ongoing consolidation… Continue reading Bitcoin Fails To Break $74,000 Resistance: Analyst Predicts ‘Structural Bottom’ Yet to Form→

Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg

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As Bitcoin (BTC) seeks to solidify its position around $71,000, the cryptocurrency faces a challenge from the $74,000 resistance level that has so far prevented a decisive breakout.  However, recent insights from Bloomberg indicate that a collection of indicators, historically associated with the conclusion of downward trends, suggest the current sell-off may be reaching its… Continue reading Bitcoin Price Nearing Bottom? Key Indicators Suggest End Of Downturn–Bloomberg→

Bitcoin Historically Surges 54% On Average Post-US Midterm Elections, Binance

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Despite trading more than 40% below its all-time high, with $70,000 serving as a short-term support level, Bitcoin (BTC) may be poised for a repeat pattern that could lead to a 54% increase following this year’s US midterm elections.  New research from cryptocurrency exchange Binance suggests that, historically, the aftermath of midterm elections has been… Continue reading Bitcoin Historically Surges 54% On Average Post-US Midterm Elections, Binance→

Bitcoin Enters ‘Most Frustrating Phase,’ CryptoQuant Says: A Look At What’s To Come

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Bitcoin (BTC) is currently navigating a trading range between $60,000 and $73,000, entering what analytics platform CryptoQuant describes as “the most frustrating phase in the cycle.”  According to a recent analysis by CryptoQuant contributor MorenoDV, Bitcoin finds itself in a period characterized by heightened uncertainty, with market signals indicating more hesitation than firm conviction. Bear… Continue reading Bitcoin Enters ‘Most Frustrating Phase,’ CryptoQuant Says: A Look At What’s To Come→

Bitcoin May Hit $180,000 This Year, But Only If This Scenario Plays Out: Amber Data

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Bitcoin (BTC) began the week with a sharp rebound that briefly lifted the world’s largest cryptocurrency back toward the $74,000 mark on Wednesday for the first time in more than a month. However, as the week comes to a close, that momentum has faded, with BTC sliding back to roughly $68,260. Even with the choppy… Continue reading Bitcoin May Hit $180,000 This Year, But Only If This Scenario Plays Out: Amber Data→

Bitcoin Tops $73,000, Expert Explains Why The Rally Isn’t Over Yet

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Bitcoin (BTC) has climbed back above the $73,000 level for the first time since early February, marking a notable recovery for the cryptocurrency. As momentum builds, some analysts believe the move could extend further if current trends remain intact. Among them is market analyst Ali Martinez, who shared his outlook in a recent post on… Continue reading Bitcoin Tops $73,000, Expert Explains Why The Rally Isn’t Over Yet→