Tag: BTCUSDT

Bitcoin Crashes To $98,000 As HODLer Selling Accelerates

On-chain data shows Bitcoin long-term holders have been ramping up their selling recently, a potential reason behind BTC’s fall under $100,000. Bitcoin Long-Term Holders Have Been Booking Profits In a new long-term holders (LTHs). These are referred to as the investors holding their coins for a period longer than 155 days, without selling or involving…

The Descending Channel That Can Trigger A Bitcoin Price Crash To $88,000

Over the last few weeks, analysts have been predicting that the Bitcoin price could crash again after the initial October 10 crash. This is because of the weakening market trends that have shown that Bitcoin is still favoring a downtrend at this point. Crypto analyst Lixing_Gan on the TradingView website also shares this view, with…

Bitcoin Dominance Has Broken Below 50 EMA, What Happens If It Falls Below 40%?

The Bitcoin dominance has remained quite high over the last year, holding firmly above 50% and preventing altcoins from making any meaningful recovery. Even now, the dominance has climbed close to 60%, showing that Bitcoin is still determining the direction of the entire market. However, there has been a development that could change the trajectory…

Here Are The Bitcoin Whales That Have Been Dumping BTC And Crashing The Price

Bitcoin’s price struggled to regain momentum last week, hovering just above the $100,000 threshold after a turbulent start to November. The entire market sentiment is somewhat fragile following heavy selling pressure from large holders, and on-chain data points to major whale movements that may be adding to the downtrend. High-profile entities, including the Winklevoss Twins’…

Bitcoin Bounces From $100,000 — Bullish Reversal Or Another Trap?

Bitcoin (BTC) recently bounced from the $100,000 level, sparking hopes of a bullish reversal. However, traders remain cautious, as this rebound could also be a temporary bull trap. With key resistance looming around $105,000–$106,000, the market’s next move will be critical in determining whether BTC can sustain an upward trend or resume its downtrend. A…

What Happens To The Bitcoin Price If It Follows Gold?

Crypto analyst Colin has raised the possibility of the Bitcoin price mirroring gold’s parabolic move. The analyst further revealed how this could play out for BTC if it were to happen eventually.  What Will Happen If The Bitcoin Price Mirrors Gold In an X post, Colin indicated that the Bitcoin price will record another uptrend…

Bitcoin Correction Nears Peak Point — Is A Rebound Underway?

The Bitcoin market has suffered through a disappointing performance over the past few weeks, leading to a price retest of the $100,000 support zone. However, an exciting on-chain evaluation predicts a positive price action in the near future. Bitcoin Price Below Average Cost — Details On November 8, popular market analyst Burak Kesmeci shared on…