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The Bitcoin price is under renewed pressure as a crypto analyst warns the market could be heading for a sharp correction toward $52,000. According to the analyst, a Head and Shoulders formation has appeared on the chart, a technical pattern often associated with potential trend reversals and downside momentum. The setup suggests that if bearish…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
Crypto pundit Ardizor has alleged that several crypto firms appear to be dumping Bitcoin, which is why the BTC price keeps crashing. The leading crypto had crashed over the weekend but is now recovering on hopes of a U.S.-Iran deal. Why The BTC Price Keeps Crashing In an X post, Ardizor stated that the BTC…
The latest technical data shows mixed momentum across the market, while analysts remain divided on whether BTC can reclaim higher resistance zones or revisit lower support levels. The price of Bitcoin hovered around $77,130 during the latest TradingView session, posting a modest daily gain of roughly 0.62%. Despite the rebound, several technical indicators suggest the…
Bitcoin’s latest price action has run into a technical wall, and crypto analyst Merlijn The Trader believes the rejection could become more serious if one nearby support level fails. Particularly, technical analysis shows that the price action looks uncomfortably close to a crash under $76,000. Bitcoin’s 200-Day Moving Average Has Become The First Major Rejection…
Ethereum is losing ground inside one of America’s largest banking portfolios as Bank of America sharply pivots toward Bitcoin-linked investment products. Fresh SEC filings from the banking giant reveal a noticeable reshuffling of its crypto exposure during the first quarter, with Ethereum and Solana positions reduced while Bitcoin allocations expanded aggressively through spot ETFs and…
Bitcoin’s demand backdrop has weakened sharply, according to CryptoQuant analyst Darkfost, who said an on-chain gauge of apparent demand has fallen to its most bearish reading of the year. Darkfost, posting on X under the handle @Darkfost_Coc, shared a CryptoQuant chart showing Bitcoin Apparent Demand on a 30-day sum basis falling deep into negative territory.…
After a terrible start to the weekend, the Bitcoin price jumped back to life on the back of news of a potential agreement between the United States and Iran. However, ignoring the potential impact of fresh geopolitical news or events, the current price structure suggests that new investors would be catching a falling knife. According…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…