Tag Archives: BTCUSDT

Confirming The Bitcoin Price Direction: Analyst Reveals What You Should Look Out For

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After breaking below $90,000 again, the next direction of the Bitcoin price is being hotly debated once again. This comes with the added burden of a number of major events coming around this week, as well as investor sentiment being stuck in the negative territory for an extended period of time. Crypto analyst, MarcPMarkets, shares… Continue reading Confirming The Bitcoin Price Direction: Analyst Reveals What You Should Look Out For→

Bitcoin RSI Shows Shocking Similarities To 2012-2015, But What Happened Last Time?

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A crypto analyst has revisited long-term charts from 2012-2015, noting that the current Bitcoin (BTC) cycle shows striking similarities to this timeline, in terms of the Relative Strength Index (RSI) and price action. During the 2017-2015 bull run, BTC experienced one of the strongest multi-year advances before bottoming out. The market expert claims that the… Continue reading Bitcoin RSI Shows Shocking Similarities To 2012-2015, But What Happened Last Time?→

Bitcoin Aims Higher as Bulls Regain Strength and Push for Resistance Break

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Bitcoin price started a fresh increase above $90,500. BTC is now consolidating gains and might attempt an upside break above $91,650. Bitcoin started a fresh increase above the $90,500 zone. The price is trading above $91,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance… Continue reading Bitcoin Aims Higher as Bulls Regain Strength and Push for Resistance Break→

Bitcoin Structure Tightens: One Break Above This Zone Could Ignite A Run To $107,000

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Bitcoin finds itself at a critical crossroads, hovering between two major price zones that could define its next big move. Buyers and sellers are locked in a tight battle, and the market now waits for a decisive break. A push above key resistance could open the door to $107,000, while weakness at support risks a… Continue reading Bitcoin Structure Tightens: One Break Above This Zone Could Ignite A Run To $107,000→

Bitcoin Losses Surge To 3x Profits — Could Relief Be Near?

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The Bitcoin market appears to be riddled with an increasing amount of sell-side pressure, as its recent price action reveals bears’ dominance. Interestingly, another on-chain evaluation suggests that the current market movement may be a direct effect of rising panic-induced sales.  $1.7B Realized Losses Vs $605M Realized Gains In a Quicktake post on the CryptoQuant… Continue reading Bitcoin Losses Surge To 3x Profits — Could Relief Be Near?→

Bitcoin Market Profitability Hits ‘Complete Reset’ — What’s Next For Price?

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Following a fresh wave of bearish pressure on Friday, December 5, the price of Bitcoin has struggled beneath the psychological 90,000 level for much of the weekend. However, the latest on-chain data suggests that the premier cryptocurrency might be readying for its next healthy upward move. BTC SOPR Drops To Lowest Level Since Early 2024… Continue reading Bitcoin Market Profitability Hits ‘Complete Reset’ — What’s Next For Price?→

Bitcoin Market Records 21% Crash In November Trading Volume – What This Means For Price

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Bitcoin’s (BTC) ongoing price correction has been accompanied by several other negative developments that continue to grab investors’ attention. Most recently, market analyst Darkfost has observed a significant crash in Bitcoin spot trading volume, while highlighting potential long-term implications of such an event. Binance Records $40B Loss In BTC Monthly Spot Trading  The spot trading… Continue reading Bitcoin Market Records 21% Crash In November Trading Volume – What This Means For Price→

Bitcoin Settles In Consolidation Zone – Levels To Watch

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Bitcoin (BTC) trades just below $90,000 after a fluctuating week of price action resulted in a net loss of 1.8%. Despite initial hopes of a resurgence in late November, the premier cryptocurrency is now 29.16% away from its all-time high. Going by the price action, popular analyst with the X username PlanD postulates BTC is… Continue reading Bitcoin Settles In Consolidation Zone – Levels To Watch→

Bitcoin Price Falls Below $90,000 — Is The Recovery Over?

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The Bitcoin price has had a mixed performance over the past week, with both sides of the market divide struggling to establish dominance. In the latest battle between the bulls and bears, the premier cryptocurrency appears to be succumbing to pressure from the latter group. As this weekend approached, the Bitcoin price retreated from its… Continue reading Bitcoin Price Falls Below $90,000 — Is The Recovery Over?→

Analyst Points To $82,000 As Most Crucial Bitcoin Price Level — Here’s Why

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In a not-so-surprising turn of events, the bearish orientation of the Bitcoin price has continued into the month of December, suggesting that the premier cryptocurrency could end the year in the red. Interestingly, recent on-chain data has offered insights into the likely direction of Bitcoin based on the integrity of an important price level. Active… Continue reading Analyst Points To $82,000 As Most Crucial Bitcoin Price Level — Here’s Why→