A new analysis released by CryptoQuant, written by contributor CryptoMe, suggests that Bitcoin (BTC) may still have room to fall this year, and that the collapse could give the ideal purchasing opportunity for long-term investors. Bitcoin Bottom At $54,000? In a Monday report, CryptoMe highlighted the cryptocurrency’s Realized Price indicator as a key reference point…
Tag: bitcoin technical analysis
Bitcoin Holds At $69,000— Glassnode Data Shows What To Expect Through Late March
Bitcoin (BTC) has settled back into the familiar consolidation band between roughly $65,000 and $74,000 after a short-lived attempt to clear higher resistance walls at around $76,000 earlier in the week failed. Trading around $69,000 at the time of writing, on-chain analytics from Glassnode and market commentary from analysts suggest the market is likely to…
This Week Could Be The Most Volatile For Bitcoin In 2026, Top Expert Warns
Bitcoin (BTC) is currently hovering above the recently breached $74,000 resistance, positioning to reclaim price levels not seen since the fourth quarter of last year. However, this week’s activity is set to be turbulent, with market expert Virtual Bacon predicting it could be the “most volatile week in Bitcoin all year.” Bear Market Prevails In…
Bitcoin Returns To Full Bull Mode: Key Indicators Signal Bottom And Major Relief Rally
Bitcoin (BTC) has briefly surpassed the critical resistance level of $74,000, generating renewed optimism among investors as key market indicators suggest the potential for a bottom and further recovery for the leading cryptocurrency. A Potential Surge To $108,000 Market analyst Ali Martinez drew attention to a significant development in a social media post on Monday,…
Bitcoin Fails To Break $74,000 Resistance: Analyst Predicts ‘Structural Bottom’ Yet to Form
Bitcoin (BTC) made a notable recovery on Friday, witnessing a 4% surge that led the leading cryptocurrency to retest the critical $74,000 resistance level, which has remained unbroken for the past month. However, even with this upward movement, the cryptocurrency has retraced to approximately $72,215, establishing itself at the upper boundary of its ongoing consolidation…
Bitcoin Historically Surges 54% On Average Post-US Midterm Elections, Binance
Despite trading more than 40% below its all-time high, with $70,000 serving as a short-term support level, Bitcoin (BTC) may be poised for a repeat pattern that could lead to a 54% increase following this year’s US midterm elections. New research from cryptocurrency exchange Binance suggests that, historically, the aftermath of midterm elections has been…
Bitcoin Enters ‘Most Frustrating Phase,’ CryptoQuant Says: A Look At What’s To Come
Bitcoin (BTC) is currently navigating a trading range between $60,000 and $73,000, entering what analytics platform CryptoQuant describes as “the most frustrating phase in the cycle.” According to a recent analysis by CryptoQuant contributor MorenoDV, Bitcoin finds itself in a period characterized by heightened uncertainty, with market signals indicating more hesitation than firm conviction. Bear…
Bitcoin May Hit $180,000 This Year, But Only If This Scenario Plays Out: Amber Data
Bitcoin (BTC) began the week with a sharp rebound that briefly lifted the world’s largest cryptocurrency back toward the $74,000 mark on Wednesday for the first time in more than a month. However, as the week comes to a close, that momentum has faded, with BTC sliding back to roughly $68,260. Even with the choppy…
Bitcoin Prints Fifth Straight Red Month; Previous Streak Was Followed By 300% Surge
Bitcoin (BTC) has wrapped up February with its fifth straight monthly loss, marking only the second time in its history that the leading cryptocurrency has printed five consecutive red candles on the monthly chart. Upside Call Options Surge The latest decline saw Bitcoin fall to around $63,000 last Saturday, representing a roughly 15% drop for…
Bitcoin Price Surges 8% — Key Drivers Behind The Recovery Toward $70,000
The cryptocurrency market staged a broad recovery on Wednesday, led by a sharp rebound in the Bitcoin price that pushed the digital asset close to the $70,000 level once again. Bitcoin climbed roughly 8% on the day, approaching a price zone that has acted as firm resistance since it was lost earlier this month. The…