After declining to around $65,500 on Friday, Bitcoin appears to be recovering slowly this weekend. Having briefly reclaimed the $67,000 level on Saturday, March 28, the premier cryptocurrency seems to be enjoying a brewing bullish momentum. According to the latest on-chain data, the Bitcoin price might be preparing for a broader expansion to the upside…
View More Traders Pile Into Bets Against Bitcoin Price — Is A Short Squeeze Looming?
The Bitcoin price has been trading below $100,000 for months now, and there has been no attempt to reclaim this level. Even now, the price continues to trade more than 40% below its all-time high, as massive sell-offs continue to push the price down. Amid this widespread selling and negative macroeconomic factors, a crypto analyst…
View More Crypto Trader Predicts Bitcoin Price Will Hit $100,000 Again When This Happens
JPMorgan says the Iran war has produced an unusual market split: bitcoin is showing signs of safe-haven demand while gold and silver, the traditional geopolitical hedges, have weakened under the pressure of outflows, profit-taking and deteriorating liquidity. In a funds continued to post net inflows over the same stretch. Bitcoin Shows Safe-Haven Demand That divergence…
View More JPMorgan Says Bitcoin Is Beating Gold And Silver During The Iran WarAn interesting statement from Grant Cardone has led to a different kind of conversation. According to the popular American businessman, the Bitcoin price should be $280,000. His claim that Bitcoin should already be trading at $280,000 raises a deeper question: if that valuation were accurate today, what would it imply for the rest of the…
View More If Bitcoin Should Be Worth $280,000 Right Now, What’s The Real Value Of Dogecoin And XRP?
Bitcoin has clawed its way back toward $70,000 after a sharp slide to roughly $67,000, but Glassnode says the rebound still lacks the kind of demand profile needed to turn stabilization into a more durable recovery. In its latest weekly report from March 25, titled Awaiting Liquidity, the on-chain analytics firm argued that several pressure…
View More Bitcoin Recovery Lacks One Key Ingredient, Glassnode Warns
Bitcoin may be moving closer to the kind of long-term support zone that has characterized major bottoms in past cycles, but one technical analyst believes the market has not reached that moment just yet. An interesting technical analysis points to Bitcoin’s weekly moving averages as the clearest guide for where this decline could finally exhaust…
View More The Bitcoin Price Bottom Is Close, But There Is Still A Crash Below $60,000 Left
Bitcoin (BTC) slipped below $69,000 on Thursday, erasing gains seen earlier in the week as MARA Holdings (MARA), the largest crypto mining company in the United States, disclosed a substantial liquidation of its BTC holdings to fund an expansion into artificial intelligence (AI) computing. MARA Shares Climb On Debt-Repurchase Plan In its disclosure covering March…
View More MARA Holdings’ Bitcoin Sell-Off: 15,000 BTC Liquidated As Prices Crash Below $69,000
Bitcoin’s next move is one of the most debated questions in the market right now. One side sees the current price structure only a pause within a broader downtrend, with more range consolidation and lower levels still ahead before any real rally begins. That divide is exactly where expert analyst Tony Severino steps in with…
View More Expert Analyst Says Bitcoin Expansion Is Over, It Won’t Rally Until This Is Over
One thing that has stood out about Bitcoin is how different the recent bull cycle was from other bull cycles. For example, even after the Bitcoin price surged to new all-time highs, the altcoins never followed, and therefore, there was no explosive altcoin season as many expected. Following this deviation, crypto analyst Swallow Academy has…
View More Bitcoin Is Officially In A Bear Market And Is Headed Below $30,000, Analyst Warns
Bitcoin traders are again staring at a chart structure that resembles the setup that preceded the market’s roughly 30% drop from late January into early February. But several order-flow analysts argue the comparison is incomplete, because the underlying spot-book picture looks materially stronger this time. Will The 30% Bitcoin Crash Repeat? That debate picked up…
View More Bitcoin Mirrors The 30% Crash Setup But Order Flow Is Different