Tag Archives: BTCUSDT

Bitcoin Price Forms Double Bottom After Crash, Is A Bounce To $112,000 ATH Possible?

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According to a TradingView crypto analyst named ‘TradingShot,’ the Bitcoin price has formed a Double Bottom pattern and is on track to reach a new All-Time High (ATH) of $112,000. This potential shift in trajectory comes after the cryptocurrency experienced a severe price crash that briefly pushed it below the $100,000 mark.  Bitcoin Price Finds… Continue reading Bitcoin Price Forms Double Bottom After Crash, Is A Bounce To $112,000 ATH Possible?→

Bitcoin Price Faces Tough Resistance: A Breakout In The Cards?

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Bitcoin price started a fresh upward move above $100,000. BTC is facing resistance at $103,000 and might aim for an upside break. Bitcoin started a decent upward move above the $100,000 zone. The price is trading below $103,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance… Continue reading Bitcoin Price Faces Tough Resistance: A Breakout In The Cards?→

Bitcoin MPI Crossover Could Suggest Bull Run Still On

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On-chain data shows the Bitcoin Miners’ Position Index (MPI) has recently formed a crossover that has historically been bullish for the asset’s price. Bitcoin MPI Has Seen Its 90-Day MA Cross Above The 365-Day As explained by an analyst in a CryptoQuant Quicktake MPI” refers to an on-chain metric that keeps track of the ratio… Continue reading Bitcoin MPI Crossover Could Suggest Bull Run Still On→

Bitcoin Holds Steady Amid NASDAQ Decline, Analyst Calls It ‘Extremely Bullish’

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Yesterday, the NASDAQ slid 3% as China’s low-cost AI model, DeepSeek, sent shockwaves through the tech industry, triggering a steep sell-off in US chipmakers. While Bitcoin (BTC) also dipped to a low of $97,777, the flagship cryptocurrency has since recovered most of its losses, trading above the key $100,000 price level. Bitcoin Holding Strong Despite… Continue reading Bitcoin Holds Steady Amid NASDAQ Decline, Analyst Calls It ‘Extremely Bullish’→

Bitcoin Preparing For A February Rally? Analyst Says New High Is Two Weeks Away

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After starting the week with a red Monday, Bitcoin (BTC) has recovered the $100,000 zone, registering a 4% recovery from yesterday’s lows. Following its recovery, some crypto analysts suggested that BTC could be getting ready for a February pump. Choppy January, Double-Digit February? On Monday, the crypto market suffered a shakeout generated by the broader… Continue reading Bitcoin Preparing For A February Rally? Analyst Says New High Is Two Weeks Away→

Bitcoin Finally Turns $100K Into Support – Ready To Rally Higher?

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Bitcoin experienced a rollercoaster start to the week as the cryptocurrency dipped 5% below the critical $100K mark, only to recover and climb back above it. Monday’s price action highlighted the ongoing volatility in the market, leaving investors divided on Bitcoin’s next move. Some analysts are calling for a surge above the all-time high (ATH),… Continue reading Bitcoin Finally Turns $100K Into Support – Ready To Rally Higher?→

Bitcoin Price Prediction: Analyst Charts Roadmap To $117,000, What You Should Know

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Bitcoin’s price action in the past 24 hours has been characterized by intense volatility as it touched both the lower and upper ends of $98,380 and $103,369, respectively. Technical analysis of the Bitcoin price action on the weekly candlestick timeframe shows that the leading cryptocurrency is on the path to a price target of $117,000. … Continue reading Bitcoin Price Prediction: Analyst Charts Roadmap To $117,000, What You Should Know→

Bitcoin’s Next Move: A Final Leg Up or Just the Beginning? Analyst Weighs In

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Bitcoin is showing signs of a gradual recovery following its earlier pullback. After dipping below the $100,000 mark, the cryptocurrency has regained ground, currently trading above $102,000. This represents a 6.3% increase over the past two weeks. Amid this upward trajectory, a CryptoQuant analyst has assessed the patterns of Bitcoin’s realized capitalization and UTXO age… Continue reading Bitcoin’s Next Move: A Final Leg Up or Just the Beginning? Analyst Weighs In→

Countdown To 500,000: MicroStrategy’s Aggressive Bitcoin Strategy Continues With $1 Billion Purchase

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MicroStrategy, the enterprise software company based in Tysons Corner, Virginia, has made headlines once again on Monday by purchasing Bitcoin (BTC) for the twelfth consecutive week.  This latest acquisition saw the company spend approximately $1.1 billion on the market’s leading cryptocurrency from January 21 to January 26, as disclosed in a recent filing with the… Continue reading Countdown To 500,000: MicroStrategy’s Aggressive Bitcoin Strategy Continues With $1 Billion Purchase→

Bitcoin Sudden Breakdown: Price Falls Below $100,000 Support

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Bitcoin has encountered a critical breakdown, slipping below the $100,000 support level, a significant milestone that has been pivotal in its recent price rally. This unexpected move raises concerns over the sustainability of its upward momentum, with the market now at a crossroads.  It is important to be keenly on the lookout for whether this… Continue reading Bitcoin Sudden Breakdown: Price Falls Below $100,000 Support→