As Bitcoin (BTC) retests a crucial level after breaking down of a bearish pattern, an analyst has suggested that the flagship crypto’s final correction before the next bull market could start in the coming days. Related Reading Start Of ‘Final Washout’ Is Days Away In a Monday analysis, market observer Ali Martinez affirmed that Bitcoin’s…
The latest Bitcoin (BTC) price drop has raised concerns about the cryptocurrency’s upcoming performance, with some analysts warning that BTC’s next key closes could signal the start of another major correction. Related Reading Bitcoin Risks Another Major Crash On Friday, Bitcoin plunged over 7% intraday to a three-week low of $65,700, raising concerns about the…
Bitcoin is facing renewed selling pressure after losing the key $70,000 level, a breakdown that has pushed the market into a more defensive phase. The inability to hold this psychological support has weighed on sentiment. With traders increasingly cautious as volatility rises and liquidity conditions remain uncertain. Price action near the mid-$60,000 range now represents…
Bitcoin is struggling to stabilize around the $75,000 level as broader market weakness continues to weigh on price action. After weeks of sustained selling pressure, volatility has compressed, but confidence has not yet returned. Traders remain cautious, liquidity is thinner, and upside attempts have so far failed to gain traction. The current environment reflects a…
After bouncing 2.6% from recent lows, Bitcoin (BTC) has been attempting to turn the $82,000-$83,000 area into support. Some analysts have warned that the cryptocurrency must hold the crucial macro support levels or it will “confirm bearish acceleration.” Related Reading Bitcoin To Drop 76% From its Peak On Thursday, Bitcoin crashed alongside the rest of…
As Bitcoin (BTC) breaks out of key resistance levels, an analyst suggests that the cryptocurrency is positioning itself for a move to higher levels and a retest of a crucial technical area in the coming weeks. Related Reading Bitcoin Approaching Make-Or-Break Test On Tuesday, Bitcoin surged 2.5% to retest the $93,500 resistance level for the…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
As the market volatility continues, Bitcoin (BTC) has failed to hold its short-lived momentum and reclaim a key resistance level for the second time this week. Some market watchers have affirmed that the flagship crypto may continue to have a disappointing end-of-year rally and potentially reach new lows before the pain is over. Related Reading…
Bitcoin continues to struggle below the $90,000 level, failing to reclaim higher ground as bulls focus on defending current demand zones. After a sharp correction from recent highs, price action has entered a consolidation phase that, on the surface, appears relatively calm. Volatility has compressed, and short-term price movements suggest a market pausing rather than…
Bitcoin continues to struggle below the $90,000 level, failing to reclaim key resistance as bulls attempt to defend current demand zones. Price action reflects a market under pressure, with momentum fading after a prolonged correction. From its all-time high, Bitcoin has now retraced roughly 30%, placing the asset firmly in a corrective phase where uncertainty…