Tag Archives: bitcoin

Bitcoin’s Valuation Model Hints At $500K Cycle Average, Analyst Says

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Bitcoin is trading near $67,300, well off its recent high of $74,000. One well-known analyst says that dip barely matters — he’s looking at a cycle average closer to half a million dollars. A Model Built On Scarcity PlanB, the pseudonymous analyst behind the Stock-to-Flow model, says Bitcoin’s price during the current 2024–2028 halving cycle… Continue reading Bitcoin’s Valuation Model Hints At $500K Cycle Average, Analyst Says→

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→

SUI At Decision Point: RSI Trendline Could Trigger A Drop Or Bounce

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SUI is approaching a key decision point as technical signals begin to shape its next move. Analysts are closely watching the RSI trendline on the BTC trading pair, which could act as the trigger for the token’s direction. A break below the trendline may accelerate bearish momentum, while a successful hold could allow a short-term… Continue reading SUI At Decision Point: RSI Trendline Could Trigger A Drop Or Bounce→

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?→

What’s Fueling Hyperliquid’s Surge? HYPE Outperforms Top 100 Cryptos In Latest Rally

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Oil-linked trading on the decentralized exchange Hyperliquid (HYPE) has recently surpassed $1 billion in volume within a 24-hour period, leading to a significant 10% rally in the platform’s native token, HYPE, allowing it to outperform the top 100 cryptocurrencies by market capitalization.  In fact, oil-linked trading on Hyperliquid hit over $1.2 billion, making it the… Continue reading What’s Fueling Hyperliquid’s Surge? HYPE Outperforms Top 100 Cryptos In Latest Rally→

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?→