Crypto analyst Merlijn has revealed that Bitcoin has just re-entered the DCA zone, indicating it’s a good time to buy BTC. The leading crypto is already staging another rebound, rising to the psychological $70,000, which has so far proved to be a major resistance level. Bitcoin Reenters DCA Zone As Price Eyes Another Rally In…
Bitcoin is showing tentative signs of stabilization after its pullback from $74,000, but Glassnode says the recovery still lacks the ingredients of a decisive bullish turn. In its March 9 Weekly Market Pulse, the analytics firm described a market that is improving at the margins even as spot participation, capital flows and broader conviction remain…
The 2022 Bitcoin crash has been one for the history books, where the price went from $69,000 to $16,000 before hitting a bottom. Being the most recent bear market before the current cycle, there have been a lot of comparisons between the current trend and the previous one. So far, while the Bitcoin price has…
Bitcoin’s rally back to the mid-$73,000 region did not last long as the leading cryptocurrency’s price action reversed as the week came to a close and fell back around $67,000 after momentarily regaining momentum last week, pulling Ethereum down with it till the ETH price also lost the $2,000 price level. However, the pullback of…
A crypto market analyst has outlined what he describes as a straightforward mathematical method that helped identify the bottom of Bitcoin’s previous bear market. By focusing on long-term Fibonacci levels and quarterly price behavior, the analyst argues that the same structural logic that marked the 2022 bottom is now shaping Bitcoin’s next macro phase. Simple…
Crypto analyst Coinvo has explained why Bitcoin may be close to a bottom, which could spark a rally to new highs. This comes as BTC continues to face downside pressure due to the rising tensions between the U.S. and Iran. Why Bitcoin May Soon Reach A Bear Market Bottom In an X post, Coinvo alluded…
A growing share of Bitcoin supply has slipped underwater, with CryptoQuant contributor Darkfost arguing that the market is now sitting much closer to historical bear-phase conditions than to a confirmed bull trend. His latest charts show 43% of Bitcoin supply held in UTXOs is currently in loss, leaving just 57% in profit. Darkfost is looking…
Bitcoin is showing signs of weakening momentum as it struggles to regain higher ground, placing the market at a critical turning point. The $66,000 level has now emerged as a key support zone that could determine the next major move. Holding above it may give bulls a chance to spark a recovery, while a decisive…
Bitcoin’s initial break above the 6-figure price point back in 2024, and then the eventual move to an all-time high of $126,000, has fueled the expectations of higher price points. Even now, as the price continues to trend below $100,000, it has done little to erase the bullish momentum surrounding the cryptocurrency, especially in the…
Bitcoin (BTC) began the week with a sharp rebound that briefly lifted the world’s largest cryptocurrency back toward the $74,000 mark on Wednesday for the first time in more than a month. However, as the week comes to a close, that momentum has faded, with BTC sliding back to roughly $68,260. Even with the choppy…