The Bitcoin price appears to be entering a new recovery phase, as the leading cryptocurrency recaptured the $91,000 level after falling by more than 30% from all-time highs last Friday, tumbling to an 8-month low of $80,000. Critical Bitcoin Price Range Technical analyst Daan Crypto Trades highlighted on social media site X (formerly Twitter) on…
An analyst has explained how Bitcoin’s bottom in the current cycle may not follow the same pattern as historical bear markets. Bitcoin Could Bottom Around True Mean Price Instead This Time In a new post on X, Checkonchain co-founder Alec Dejanovic has talked about a couple of pricing models related to Bitcoin. The first of…
Metaplanet, often dubbed Japan’s MicroStrategy for its adoption of Michael Saylor’s Bitcoin investment strategy, is nearing a critical juncture as Bitcoin (BTC) retraces below 30% of its all-time highs in under a month. Metaplanet Bitcoin Holdings Plummet As of November 26, Metaplanet ranks as the fourth largest public Bitcoin treasury company, holding just over 30,000…
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Bitcoin price started a recovery wave above $90,000. BTC is now consolidating and might soon aim for a move above the $91,500 zone. Bitcoin started a recovery wave and climbed toward $92,000. The price is trading above $90,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line…
Bitcoin has struggled below the $90,000 level since last week and is now attempting to stabilize as selling pressure continues to shape market sentiment. The sharp downturn from the recent cycle high has left bullish traders on the defensive, with confidence weakening across spot and derivatives markets. Analysts who just weeks ago projected continuation toward…
According to crypto analyst Tony Severino, the Bitcoin price has broken below the 50-week Moving Average (MA) for the first time in the current cycle, triggering renewed fears of a deeper decline. With price momentum weakening and long-term trend indicators flashing bearish warning signals, the possibility of a price crash to $38,000 is becoming hard…
Bitcoin’s (BTC) latest upward move arrives at a time when confidence in the market remains uncertain, with many traders unsure whether the slight price recovery marks early strength or another temporary bounce. With last week’s pullback still fresh, a crypto analyst argues that most traders may label the recent recovery a dead cat bounce. However,…
The founder of Capriole Investments says he “cannot be bearish” on Bitcoin, pointing to key indicators that remain inside green territories. Bitcoin Heater & NVT Are Both Inside Bullish Zones In a new post on X, Capriole Investments founder Charles Edwards has shared a couple of indicators related to Bitcoin that could paint a picture…
Following a significant downturn that saw Bitcoin (BTC) plunge to the $80,000 mark on November 21, the leading cryptocurrency has managed to stabilize above this critical threshold for several days. This development has sparked speculation about whether this level represents a short-term bottom and if a new upward trend might follow. Potential Local Bottom For…