The Bitcoin price outlook remains under scrutiny as market analysts assess whether the world’s largest cryptocurrency can still reach $140,000. Given BTC’s recent downturn and fluctuating price, it’s understandable that a dramatic surge to $140,000 could be viewed skeptically. However, the analyst points to global M2 Money Supply, highlighting its correlation with Bitcoin and its…
Bitcoin continues to struggle below the $90,000 level, failing to reclaim key resistance as bulls attempt to defend current demand zones. Price action reflects a market under pressure, with momentum fading after a prolonged correction. From its all-time high, Bitcoin has now retraced roughly 30%, placing the asset firmly in a corrective phase where uncertainty…
Crypto pundit Crypto Wimar has explained why the Bitcoin, Ethereum, and XRP prices crashed, highlighting the continuous selling pressure. The crypto market is also at risk of further downward pressure due to macro factors such as the impending Japan rate hike. Why The Bitcoin, Ethereum, And XRP Prices Crashed In an X post, Crypto Wimar…
Bitcoin price corrected gains and traded below the $90,000 support zone. BTC is now rising and might struggle to clear the $90,500 zone. Bitcoin started a downside correction from the $92,500 zone. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
The price action of Bitcoin has been somewhat limited in the past few weeks, as the bulls and bears battle for dominance in the market. This indecisiveness has had the premier cryptocurrency oscillating between the $89,000 and $93,000 levels in recent weeks. According to the latest on-chain data, this sideways movement exhibited by the Bitcoin…
Bitcoin is facing a critical juncture as its macro retracement converges with a tight mid-range battle between $86,000 and $100,000. With bearish patterns confirmed and short-term support holding, the market now waits to see if bulls can reclaim momentum or if a deeper pullback is on the horizon. Bitcoin Confirms Macro Top: Bearish Phase Underway…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
As Bitcoin (BTC) tries to hold the $90,000 barrier, some analysts affirm that the flagship crypto’s bear market signals are becoming clearer, suggesting that a breakdown to new lows could be around the corner. Related Reading Bitcoin Bear Flag Raises Concerns On Friday, Bitcoin shredded its Thursday gains, dropping 3.2% intraday to retest the $89,500-$90,500…