Bitcoin (BTC) extended its sharp sell‑off on Thursday, briefly falling below the $67,000 level and marking its lowest price since November 2024. The renewed pressure follows commentary from market analyst Hugo Crypto, who pointed to a recent report from investment bank Stifel outlining a notably bearish outlook for Bitcoin. Deeper Bitcoin Drawdown Ahead? According to…
Blockchain analytics firm Glassnode released a new report on Wednesday highlighting a growing list of warning signals for Bitcoin (BTC), as the market’s leading cryptocurrency slid back to the $72,000 level during the latest market downturn. The firm’s findings suggest that both structural and behavioral indicators are aligning around a more defensive market phase, raising…
Bitcoin (BTC) came under heavy selling pressure over the weekend after failing to hold the $84,000 level, a move that culminated in a sharp decline on Monday. The sell‑off pushed the cryptocurrency down to around $74,000, marking its lowest price in roughly 10 months and reigniting debate over where the market could be headed next.…
While gold has posted major gains, Bitcoin (BTC) continues to show major signs of weakness, with prices drifting toward lower support levels and now approaching the closely watched $82,000 mark, a pivotal point in determining the next major direction for the world’s largest cryptocurrency. Against this backdrop, market analyst Doctor Profit has drawn attention to…
Crypto research firm CryptoQuant has flagged a potentially troubling development for Bitcoin (BTC) and the wider digital asset market, pointing to an early warning signal that has historically appeared ahead of prolonged downturns. In a report released Wednesday, the firm noted that Bitcoin’s supply in loss metric has begun to rise again, a shift that…
The Bitcoin price is under increasing pressure ahead of Wednesday’s Federal Open Market Committee (FOMC) meeting, which has historically corresponded with big price movements in the market’s largest cryptocurrency. Rate Cut Odds Fade The Federal Reserve (Fed) is widely expected to leave interest rates unchanged at this meeting. Economists surveyed by financial data provider FactSet…
On Tuesday, Bitcoin (BTC) witnessed a notable surge, approaching its nearest resistance level at $94,000, a barrier that has thus far hindered the cryptocurrency’s return to significant milestones, including the coveted $100,000 mark. Despite this, experts remain optimistic about new all-time highs for Bitcoin within the year. Potential Bitcoin Return To $100,000 Nic Puckrin, a digital…
As 2025 came to a close, Bitcoin (BTC) ended on a negative note, trading more than 30% below its all-time highs and grappling with the formation of a death cross—a technical indicator that traditionally precedes significant price corrections. Currently hovering just above $89,200, Bitcoin recently saw its 10-week and 50-week simple moving averages (SMAs) cross…
As the Bitcoin (BTC) price settles below the critical $90,000 support level, discussions about the potential onset of a new bear market are growing among experts and market analysts. The market’s leading cryptocurrency, currently trading at approximately $87,370, has experienced a decline of over 30% from its all-time high of more than $126,000, drawing comparisons…
As the year comes to a close, Bitcoin (BTC) is approaching a pivotal moment that could lead to increased market volatility. This Friday, December 26, more than $23 billion worth of Bitcoin options are set to expire, marking the largest options expiration in the cryptocurrency’s history. How $23 Billion Roll-Off May Impact Bitcoin Prices Market…