Tag Archives: btcusd

Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000

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The Bitcoin price, while still holding above $100,000, has not exactly inspired confidence in the crypto community recently. This comes as the digital asset failed to break above new all-time highs during last week’s rallies and, with the Israel-Iran conflict, saw a sharp plunge, erasing its weekly gains. Amid this, the bears have gained even… Continue reading Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000→

Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout

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Bitcoin is still trying to regain short-term bullish momentum, as shown by its price action in the past 24 hours. After briefly slipping below $104,500, the cryptocurrency bounced back to trade above $106,000, and technical analysis now shows a technical formation that could cause the start of a more extended rally.   Interestingly, as seen in… Continue reading Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout→

Bitcoin 656% Cyclical Gain Highlights Deep Market Demand – Glassnode

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The Bitcoin market continues to react negatively to rising geopolitical tensions between Israel and Iran which has induced a wave of concern in the financial markets.  Notably, the premier cryptocurrency has entered a consolidation movement between $105,000 – $106,000 following slight, after prices crashed to below $103,000 on Friday. Meanwhile, prominent analytics company Glassnode has… Continue reading Bitcoin 656% Cyclical Gain Highlights Deep Market Demand – Glassnode→

Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level

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Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range looks a lot like the $31,000–$64,000 sideways move before the sharp drop in early 2022. Traders and analysts are split over whether history is about to repeat itself or if fresh demand will keep Bitcoin… Continue reading Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level→

Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt

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A sudden wave of selling hit crypto markets in the early hours of Friday, as reports of an Israeli airstrike on Iran set off fresh jitters. Bitcoin sank 5%, slipping under the $104,000 mark. Altcoins fared worse, with losses ranging from 6% to 9%. Based on reports from Coinglass, more than $1 billion was wiped… Continue reading Crypto Bloodbath: Over $1 Billion Liquidated As Iran-Israel Tensions Erupt→

Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake

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Bitcoin’s recent price action has shown signs of fading momentum three weeks after reaching a new all-time high of $111,814. The leading cryptocurrency climbed back above $110,000 on Monday off the back of cooling U.S. inflation data and a temporarily weaker dollar.  However, the rally was short-lived. Profit-taking, compounded by geopolitical tensions between Israel and… Continue reading Bitcoin Price Crash To $94,000 Imminent As Fibonacci Resistance Is At Stake→

Bitcoin Is Just 0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst

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According to Walker, host of The Bitcoin Podcast, Bitcoin’s share of the world’s wealth is still tiny. It sits at about $2 trillion in market value. That’s just 0.2% of roughly $1 quadrillion held across all assets. For many investors, that number brings a sense of how early this market really is. Yet, it also… Continue reading Bitcoin Is Just 0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst→

Bitcoin Bears Back In Control After $110,000 Rejection, What Comes Next?

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The Bitcoin price has suffered a violent rejection after hitting the $110,000 level, showing a clear intention of the bears to keep the digital asset from hitting new all-time highs. So far, the rejections from $110,000 have been swift and have put the bears back in control. This has given credence to calls that the… Continue reading Bitcoin Bears Back In Control After $110,000 Rejection, What Comes Next?→

Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000

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Bitcoin has faced a lot of resistance above $110,000, suggesting the bears are trying to keep the digital asset from reclaiming its all-time high levels. This has been obvious with multiple rejections above $110,000 over the last few days, while the bulls have held support above $108,000. This trend plays into an analysis published by… Continue reading Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000→

Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears

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Bitcoin’s price outlook remains sky-high after Strategy founder Michael Saylor told Bloomberg on Tuesday that a market freeze won’t come back. He argued that growing demand and limited daily supply point straight to a rally toward $1 million. Supply And Demand Pressure According to Saylor, miners release only about 450 BTC each day. That adds… Continue reading Bitcoin To $1 Million? Michael Saylor Laughs Off Crypto Winter Fears→