Tag Archives: BTCUSDT

Bitcoin STH Average Cost Basis At $90,950 — Why Is It Relevant?

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The Bitcoin price continues to dance within the newly formed $80,000 – $85,000 range, showing some level of indecisiveness in its movement. Since the premier cryptocurrency lost its hold above $90,000, investors have wondered whether the ongoing correction is a “buy the dip” opportunity or the market top is in. While there is no surefire… Continue reading Bitcoin STH Average Cost Basis At $90,950 — Why Is It Relevant?→

Bitcoin Nears $76,000 Target Amid Price Correction — But Will This Support Hold?

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Over the past week, Bitcoin has experienced a strong market correction with prices falling as low as $80,000. Based on a double top formation, Bitcoin is expected to head to $76,000 before re-establishing an uptrend. However, market analyst Cryptododo7 has indicated the possibility of a lower market bottom. Bitcoin Bears In Control: Will $67,000 Emerge… Continue reading Bitcoin Nears $76,000 Target Amid Price Correction — But Will This Support Hold?→

Is The Bitcoin Bull Cycle Really Over? This Indicator Suggests Price Could Rebound To $130,000

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The past week has been a rollercoaster ride for the cryptocurrency market, as the value of most large-cap assets took a significant hit over the last seven-day period. Specifically, the Bitcoin price fell beneath $80,000 for the first time since that almost vertical surge in November 2024. As expected, the market downturn has led to… Continue reading Is The Bitcoin Bull Cycle Really Over? This Indicator Suggests Price Could Rebound To $130,000→

Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner?

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Earlier today, Bitcoin (BTC) dropped below $80,000 for the first time in over three months. According to data from Binance, BTC hit a low of $78,258, filling the Chicago Mercantile Exchange (CME) gap between $78,000 and $80,000. Bitcoin Fills CME Gap, Is It Time For Rebound? With today’s dip, BTC has now filled every CME… Continue reading Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner?→

Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned?

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Bitcoin’s price continues its decline, falling farther from its March all-time high of $109,000. Currently trading below $82,000, the cryptocurrency has experienced a significant 24.6% drop. Amid this bearish trend, CryptoQuant contributor EgyHash has highlighted a troubling development on Binance that could further pressure Bitcoin’s price. Bearish Sentiment Takes Hold EgyHash notes that Binance, one… Continue reading Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned?→

Bitcoin Weekly Close Key For A Retest Of $93,000 – ‘Weekend Relief’ Coming?

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This week’s market correction has seen Bitcoin (BTC), the largest cryptocurrency by market capitalization, retest some of its key support levels. As the price starts to recover from the recent lows, some analysts consider the weekend might bring some bullish relief for investors. Bitcoin Recovers From $78,000 Drop Bitcoin has experienced significant selling pressure over… Continue reading Bitcoin Weekly Close Key For A Retest Of $93,000 – ‘Weekend Relief’ Coming?→

Bitcoin CME Gap Is Still Open, Why $78,000 – $80,700 Are Very Important

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A new Bitcoin Chicago Mercantile Exchange (CME) gap has just been opened around $78,000 and $80,700. Analysts warn that this price range could act as a magnet for further downturns in the Bitcoin price, making it a critical area to watch in the coming days. According to crypto analyst Rekt Capital on X (formerly Twitter),… Continue reading Bitcoin CME Gap Is Still Open, Why $78,000 – $80,700 Are Very Important→

Market Jitters: Bitcoin Dives, $80K Breakout in Jeopardy

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Bitcoin price started a fresh decline below the $85,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $86,500 zone. The price is trading below $82,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming… Continue reading Market Jitters: Bitcoin Dives, $80K Breakout in Jeopardy→

Bitcoin Price Could Crash Further To $70,000 If This Happens

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The Bitcoin price has experienced such severe downward pressure and volatility that many are starting toUS election rally.  Popular crypto analyst and Co-founder of BitMEX Arthur Hayes has shared a bearish prediction for the Bitcoin price. Hayes projects a further breakdown in Bitcoin’s value, suggesting an imminent drop between $70,000 and $75,000.  Bitcoin Price Crash… Continue reading Bitcoin Price Could Crash Further To $70,000 If This Happens→

Bitcoin Hits Its Most Oversold Level Since August 2024 – Is A Rebound Coming?

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Bitcoin (BTC) has declined by more than 10% in the last two weeks, falling from approximately $98,000 to around $86,000 at the time of writing. The high selling pressure has pushed the flagship cryptocurrency to oversold levels it had not seen since August 2024. Bitcoin Is Oversold, Time To Buy? According to an X post… Continue reading Bitcoin Hits Its Most Oversold Level Since August 2024 – Is A Rebound Coming?→