Bitcoin is hovering around the $65,000 level as persistent selling pressure continues to weigh on market sentiment. The recent decline has intensified uncertainty among investors, with volatility rising while liquidity conditions remain fragile. After a strong rally earlier in the cycle, price action now reflects a more defensive phase, with traders increasingly focused on downside…
Tag: Bitcoin market cycle
Bitcoin Market Top May Be In As Analyst Shares 1,064-Day Bull Cycle Pattern – Details
In the last week, Bitcoin lost the $100,000 support zone, marking another drastic turn in an extensive correction phase. Since then, prices have traded as low as $94,700 as the premier cryptocurrency strives to find market stability. Amid rising speculations on the current status of the crypto bull run, market expert Ali Martinez shares a…
Bitcoin Cycle Score Turns Negative With Trend Below $106,780 – When Will The Correction End?
Bitcoin (BTC) continues to lose momentum, as the flagship cryptocurrency fell to $103,528 earlier today amid an increasingly uncertain global macroeconomic outlook. Fresh data from Binance suggests that BTC is currently undergoing a critical transition phase within its price cycle. Bitcoin Fall Continues – When Will Bloodbath End? According to a CryptoQuant QuickTake post by…
Bitcoin Holds Strong In ‘Wall Of Worry’, Path To $183,000 Remains Open – Analyst
The Bitcoin (BTC) market registered an impressive 4% price bounce on Friday, following dovish policy comments by US Federal Reserve Chairman Jerome Powell. The premier cryptocurrency now trades above $116,000, nullifying earlier losses seen in the past week. Interestingly, prominent market analyst Tony “The Bull” Severino has outlined the implications of this price rebound regarding…