Bitcoin closed the year slightly in the red, marking a rare break in the long-observed four-year cycle pattern of one red year followed by three green years. The annual decline was modest—around 6%—and negligible compared to historical drawdowns seen in prior bearish years. Yet despite its limited magnitude, the red close carries symbolic weight, suggesting…
Tag: bitcoin consolidation
Bitcoin Spot Trading Volumes Declines To $322B: Market Shifts To HODL Mode
Bitcoin is trading at a critical level after a quiet weekend, with bulls managing to defend key supports but struggling to generate fresh upside momentum. The market remains tense as investors await the US Federal Reserve’s interest rate decision scheduled for this Wednesday. A potential 25-basis-point cut is widely anticipated, which many see as a…
Bitcoin Miner Sales Surge To Highest Level Since April – Details
Bitcoin is currently holding above the $115,000 level after setting a new all-time high of approximately $123,000 last Monday. The price structure remains firmly bullish, with buyers still in control, but growing signs suggest the potential for a short-term correction. Momentum has slowed, and the market is entering a consolidation phase as traders reassess risk.…
Consolidation Takes Its Toll: Bitcoin Investors No Longer Greedy
Data shows the Bitcoin Fear & Greed Index has returned back to the neutral territory, a sign that investors are losing optimism. Bitcoin Fear & Greed Index Has Reset Back To Neutral The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among the traders…
Bitcoin Faces Serious Price Compression – What Happened Last Time
Bitcoin has experienced a tiring price action in recent weeks, with the price struggling to set a clear short-term direction. Investors are beginning to feel impatient as BTC remains stuck in a tight range, showing no decisive breakout. The price was testing crucial supply between $98K and $100K when the market was hit by negative…
Bitcoin ‘Parabolic Phase Just Begun’, Is BTC Hitting $100,000 This Week?
Bitcoin (BTC) started the week by breaking out of a bullish pattern after moving sideways for most of the weekend. The flagship cryptocurrency just started its “parabolic phase,” sitting 3.4% below its all-time high (ATH), which could bring “massive moves” for BTC this week. Bitcoin ‘Parabolic Phase’ Just Started Bitcoin has seen a massive surge…
Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?
Bitcoin has maintained its bullish momentum over the weekend, solidifying its position above the $90,000 mark. This milestone showcases Bitcoin’s resilience as it continues to captivate investors with its upward trajectory. The market has been buzzing with optimism as Bitcoin inches closer to new highs. However, recent on-chain data suggests that a potential pullback could…