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Bitcoin’s price has continued its gradual decline, now trading just above $81,000, marking a significant drop from its all-time high (ATH) in January. At the time of writing, BTC stands at $81,086, reflecting a 1.7% increase in the past 24 hours but still showing a 2.3% decrease over the past week. The ongoing correction has… Continue reading Bitcoin’s SOPR Nears Critical Level—Is a Deeper Correction Ahead?
According to crypto entrepreneur Arthur Hayes, Bitcoin (BTC) is likely to bottom around $70,000, marking a 36% correction from its latest all-time high (ATH) of $108,786. Hayes stated that such corrections are “very normal” in a bull market. Bitcoin To Dip Further? Yesterday, Bitcoin hit a four-month low of $76,606 as both the global cryptocurrency… Continue reading Bitcoin To Bottom Around $70,000? Arthur Hayes Says Correction ‘Very Normal’ In A Bull Market
An analyst has explained how a moving average (MA) that has historically served as the boundary for bear markets is situated at this level. Bitcoin 50-Week MA Is Currently At $75,195 In a new technical analysis (TA) tool that calculates the average value of any given quantity and as its name implies, it moves in… Continue reading Bitcoin Bear Market Is Below This Level, Analyst Reveals
Bitcoin (BTC) is under severe selling pressure, having lost the $85,000 level just a few days ago. This breakdown has pushed the market to its lowest levels since November 2024, increasing fear and uncertainty among investors. The entire crypto market has been struggling, weighed down by negative macroeconomic conditions and an overall shift in risk-off… Continue reading Bitcoin Drops Below 200-Day MA – Next Key Support Lies At $66K According To Mayer Multiple
Bitcoin price started a fresh decline from the $90,000 zone. BTC is back below $82,500 and might continue to move down below $78,000. Bitcoin started a fresh decline below the $82,000 zone. The price is trading below $80,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance… Continue reading Bitcoin Price Cracks $80K Support—Is a Deeper Correction Coming?
Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock. Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which… Continue reading Michael Saylor’s Strategy Unveils $21 Billion Stock Issuance For Bitcoin Investment
Bitcoin’s price has continued its downward trend, struggling to regain momentum after reaching its all-time high of $109,000 in January. Over the past week, Bitcoin has declined by 14.6%, with its price dropping an additional 4.4% in the last 24 hours. As of today, Bitcoin is trading at $79,766, pushing it nearly 27% below its… Continue reading Bitcoin Slips Below $80,000—Here’s What Could Happen Next
Since January 31, Bitcoin (BTC) has experienced a significant correction, with the leading cryptocurrency plummeting as much as 27.52%. Currently valued around $79,000, Bitcoin’s price is precariously balanced above a crucial support level dubbed as “the magic line,” which is set at $74,000, pivotal in determining the market’s trajectory—bullish or bearish. A Historical Buffer Against… Continue reading ‘The Magic Line’: Key Support Level At $74,000 Determines Bitcoin Bull Or Bear Future
RLinda, a TradingView crypto analyst who predicted Bitcoin’s previous crash from $91,000, has shared another bearish forecast for the pioneer cryptocurrency. According to the analyst, more pain may be on the horizon for Bitcoin, as it is expected to plummet as low as $73,000. Bitcoin is currently struggling to maintain its former momentum as bearish… Continue reading This Analyst Predicted The Bitcoin Price Crash From $91,000, Why It’s Far From Over
Bitcoin price started a fresh decline from the $92,000 zone. BTC is back below $85,500 and might continue to move down below $80,000. Bitcoin started a fresh decline below the $85,000 zone. The price is trading below $85,000 and the 100 hourly Simple moving average. There is a short-term bearish trend line forming with resistance… Continue reading Bitcoin Price Dives Once More—Is a Deeper Correction Underway?