Across multiple market cycles, Bitcoin has shown a consistent technical pattern that often goes unnoticed until it’s already underway. Whenever price breaks down from a macro triangle structure, it has historically marked the beginning of a broader retracement phase rather than an immediate recovery. These large-scale consolidation formations often signal periods of compression, where price…
A crypto analyst has announced that Bitcoin (BTC) has hit its last bull trap, signaling that the price of the flagship cryptocurrency could fall much further before a potential reversal begins. The analyst has shared a chart highlighting key accumulation areas at levels below $60,000, the lowest price BTC has reached since its all-time high…
Bitcoin (BTC) is trying to steady itself after a shaky start to the week. After dipping briefly toward the key $70,000 support level on Sunday, BTC has since bounced back and is now trading above $72,000 on Monday. However, the next move may depend less on internal crypto dynamics and more on the escalating geopolitical…
Crypto analyst Crypflow has explained what the Bitcoin relief rally above $71,000 means for the leading crypto and hinted that BTC could still drop lower. This came as the analyst alluded to the previous bear markets and how recent rallies are mirroring price action in past cycles. Analyst Warns Relief Rallies Are Getting Weaker Amid…
Bitcoin price may be showing signs of holding steady, but that alone does not confirm a bottom is in place. A recent post by crypto analyst @CryptoTice_ argues that the current market phase does not yet meet the conditions historically associated with a true Bitcoin price bottom. Instead of focusing on short-term stability, he points…
Over the last week, the Bitcoin bulls looked to have taken control of the price, eventually pushing it back above $73,000 again. There has been a slowdown since then, with bears trying to retest the $70,000 level over the weekend. For now, the bulls are still open, but there is still the possibility that the…
The current price range of Bitcoin may not relay much, but a change in ownership structure is taking place under the surface. Related Reading On-chain data from CryptoQuant shows that one cohort of market participants is stepping back from exchange activity at a pace not seen in nearly a year, while another is quietly rebuilding…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…
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…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing…