Bitcoin is trading in a fragile state after slipping below $90,000 and now in the mid-$80,000s. This price action has caused some analysts to grapple with the possibility that the next major rally may be further away than many expect. A recent technical outlook from prominent crypto analyst Tony “The Bull” Severino adds weight to…
Tag: Bear market
$2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World
According to exchange and on-chain data, global crypto markets plunged Friday as prices slid and forced a widespread sell-off. Bitcoin fell under $83,000, while Ethereum traded below $2,800. The breakdown sent roughly $2 billion of positions into liquidation, knocking confidence and prompting quick losses across major tokens. Heavy Liquidations Rock Traders Reports show more than…
Bitcoin Faces Potential 50% Crash—But Analysts Say The Fear Is Overblown
Bitcoin’s recent wobble has split analysts. Some warn of a deep pullback while onchain trackers point to a mild correction that could already be ending. Traditional Analysis Shows Risk According to Bloomberg analyst Mike McGlone’s post on X, the move under $100,000 may not be finished. He called a fall from recent highs a possible…
Expert Analyst Warns Bitcoin/VIX Is Not Bullish: Bear Market Signals
Technical expert Tony Severino has warned that the Bitcoin/VIX is not as bullish as market participants might believe. Instead, the expert revealed that the current indicators point to the flagship crypto being in a bear market. Bitcoin/VIX Points To A Bear Market: Analyst In an X post, Severino warned that the Bitcoin/VIX isn’t bullish as…
Bitcoin Hits Its Most Oversold Level Since August 2024 – Is A Rebound Coming?
Bitcoin (BTC) has declined by more than 10% in the last two weeks, falling from approximately $98,000 to around $86,000 at the time of writing. The high selling pressure has pushed the flagship cryptocurrency to oversold levels it had not seen since August 2024. Bitcoin Is Oversold, Time To Buy? According to an X post…