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…
Bitcoin is trading below the $90,000 level once again, as the market continues to drift through a phase defined by indecision, rising caution, and growing fear. After repeated failures to reclaim this psychological threshold, price action has started to reflect a lack of conviction on both sides, with buyers hesitating to step in aggressively and…
Bitcoin continues to struggle as it attempts to reclaim the $90,000 level, with traders facing a market defined by hesitation rather than conviction. After yesterday’s bearish breakdown below $90K, price action has slipped back into indecisive territory, raising fresh questions about whether this pullback is a temporary shakeout or the start of a deeper corrective…
Bitcoin’s push to $97,600 last week drew a burst of bullish options activity, but Glassnode argues the derivatives tape looked more like short-dated positioning than broad-based conviction. In a Jan. 23 thread, the on-chain analytics firm pointed to a split between front-end call demand and longer-dated risk pricing that stayed anchored in downside protection. “Let’s…
According to on-chain trackers, a big wave of old Bitcoin has started moving after long dormancy. Coins that sat untouched for more than two years have been transferred in numbers larger than what was seen during past peaks in 2017 and 2021. Related Reading CryptoQuant analyst Kripto Mevsimi said on-chain data shows that 2024 and…
Crypto researcher Axel has provided insights into why the Bitcoin, Ethereum, and Solana prices are still crashing. This comes as BTC continues to see a supply overhang, which threatens to put more downward pressure on crypto prices. Why The Bitcoin, Ethereum, and Solana Prices Are Still Crashing In a research report, Axel noted that anomalous…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Bitcoin is facing a critical test as volatility returns and price action remains unstable around the $90,000 level. Bulls are attempting to defend this psychological zone after recent turbulence, but confidence across the market is still fragile. With uncertainty dominating short-term sentiment, many traders are treating every bounce as a potential trap rather than the…
Bitcoin price started a consolidation phase below $90,500. BTC is consolidating losses and might attempt a recovery wave if it clears $91,500. Bitcoin started a minor recovery wave from the $87,200 level. The price is trading below $90,500 and the 100 hourly Simple moving average. There was a break above a short-term bearish trend line…
Technical analysis shared by crypto analyst CryptoBullet on X highlighted a familiar price action that suggests that Bitcoin’s current structure may be closely tracking a 2022 price fractal. Bitcoin’s price action in recent days has changed into a more fragile posture, with the cryptocurrency falling back below the psychological $90,000 level after failing to sustain…