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…
View More ‘The Magic Line’: Key Support Level At $74,000 Determines Bitcoin Bull Or Bear FutureBitcoin’s price endured another bout of volatility over the weekend, shedding 5% on Sunday to dip below the $80,000 mark, before settling near $82,000. This latest decline places the cryptocurrency roughly 25% below its all-time high of $109,900. Analysts attribute the downturn to ongoing trade tensions—linked to President Donald Trump’s latest tariff measures—and the fears…
View More Bitcoin Plays Chicken With Central Banks As Dollar Falls, Says Expert
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…
View More This Analyst Predicted The Bitcoin Price Crash From $91,000, Why It’s Far From Over
Bitcoin has extended its decline below $90,000 as on-chain data shows whales selling off in massive amounts. This price decline comes amidst the otherwise bullish news of Donald Trump signing an executive order for a Strategic Bitcoin Reserve (SBR). The lack of bullish momentum despite this has brought into play the possibility of an extended…
View More Crypto Pundit Dumps Bitcoin Holdings Sub-$100,000, Lists Reasons Why It’s Time To ShortThis week, the US Dollar Index (DXY) has recorded one of its largest three-day negative performances in recent history. Since Monday, the DXY is down -5.4%, falling from 109.881 to 103.967—an event some market observers interpret as a bullish inflection point for Bitcoin. Jamie Coutts, Chief Crypto Analyst at Real Vision, has drawn on historical…
View More Historic Bitcoin Buy Signal: DXY’s Collapse Signals A Bigger Bull Run
MicroStrategy founder and executive chairman Michael Saylor suggested that the United States might purchase one million Bitcoin for its strategic reserves. His remarks came during an interview with FOX Business ahead of Friday’s White House Crypto Summit, to be hosted by US President Donald Trump. Saylor, whose company is widely known for its significant Bitcoin…
View More US To Buy 1 Million Bitcoin For Reserves, Hints Michael Saylor
Crypto analyst Master Ananda has asserted that the bottom is in for the Bitcoin price following its massive crash below $80,000 last week. In line with this, the analyst revealed what to expect next from the flagship crypto. Bitcoin Price Action Shows Bottom Is In In a TradingView post, Master Ananda claimed that the bottom…
View More Bitcoin Price Action Says Bottom Is In, Analyst Reveals What’s Coming
In his latest blog post, titled “KISS of Death,” former BitMEX CEO Arthur Hayes outlines a provocative thesis on the trajectory of Bitcoin and broader financial markets under the renewed presidency of Donald Trump. Hayes—who has long held bullish views on crypto—argues that a convergence of fiscal and monetary policies could catapult Bitcoin’s price to…
View More Bitcoin’s ‘KISS Of Death’? Arthur Hayes Warns Of Recession Before Surge
Crypto analyst CrediBULL Crypto has revealed that Bitcoin’s open interest has crashed to a six-month low. The analyst further explained what happened the last time this low open interest occurred while providing a bullish outlook for the flagship crypto. Bitcoin’s Open Interest Crashes To 6-Month Low In an X post, CrediBULL Crypto revealed that Bitcoin’s…
View More Bitcoin Open Interest Crashed To 6-Month Low, Here’s What Followed The Last TimeBitcoin is experiencing a severe downturn over the past few days. After trading above $96,000 on Monday, its price slipped below $80,000 today for the first time since November 11. This rapid decline marks a nearly 18% slump since the start of the week. From its all-time high of $109,588 on January 20, Bitcoin has…
View More Will Bitcoin Drop Even Lower? Here’s What Experts Predict