The Bitcoin price never really caught a break over the past week, falling below the $110,000 mark by Tuesday, August 26. While it looked set to make a strong comeback, jumping back above $113,000 on Thursday, the flagship cryptocurrency is now struggling around a new multi-week low of around $107,500. This recent price decline has…
Tag: BTCUSDT
Crypto Tumbles Hard: Google Search Trends Call Last Local Market Top
The crypto market succumbed to a significant amount of bearish pressure starting on Thursday, August 28, with most large-cap assets tumbling to new lows on Friday, August 29. The price of Bitcoin, the world’s largest cryptocurrency by market capitalization, fell to a new low of $107,850 at the start of the weekend. Unsurprisingly, the latest…
Bitcoin Daily Close Spurs Caution – $110,500 Breakdown Could Shift Momentum
Cryptowzrd, in a fresh market closed bearish, leaving room for further downside. A decisive close below the $110,500 support could mark a key shift, making lower levels worth watching. Daily Candle Signals Bearish Pressure For Bitcoin Cryptowzrd expanded on his outlook by pointing out that Bitcoin’s daily candle closed bearish, with price now trading beneath…
Galaxy Digital Sells 1,167 Bitcoin Amid Ongoing Volatility
Bitcoin is once again at the center of market attention, facing a decisive test after several days of heightened volatility. Last Friday, BTC lost the crucial $110,000 support level, sparking concerns that the recent rally may be running out of steam. Since then, the market has been marked by sharp swings as bulls attempt to…
BTC Traders Remain Far From -12% Capitulation Zone – What Does This Mean?
Bitcoin recorded a slight 1.50% price gain in the past 24 hours, with prices now hovering within the $109,000 price range, after a significant price correction from last week. While general market sentiment remains neutral, recent data from blockchain analytics firm CryptoQuant suggests the leading cryptocurrency may experience further price drops before any potential full…
Bitcoin Price Plunge Sparks Outrage: Binance Targeted For Alleged Market Manipulation
The Bitcoin price has experienced a notable downturn, with the market’s largest cryptocurrency retracting 8% in the monthly time frame. This decline has sparked significant criticism on social media, particularly against the crypto exchange Binance, which some investors accuse of contributing to the current market slump. Binance Behind The Bitcoin Price Slump? Market analyst DeFitracer…
Bitcoin’s Next Stop $183K? On-Chain Data Points to Explosive Cycle Peak
Bitcoin remains under pressure after sliding from its all-time high above $124,000 earlier this month. At the time of writing, the asset trades at $110,219, reflecting a weekly decline of about 2% and a broader drop of more than 10% from its peak. Despite the correction, analysts continue to examine on-chain data for signs of…
Is The Bitcoin Rally Over? Analyst Forecasts Drop To $94,000 If This Level Doesn’t Hold
After a short-lived recovery, Bitcoin (BTC) is attempting to bounce from a crucial level to reclaim the $110,000 support. However, some analysts suggest that a retest of the $90,000 level could be the next stop for the cryptocurrency. Bitcoin Drops To Weekly Lows Bitcoin lost the $110,000 support for the first time in nearly two…
Bitcoin’s Short-Term Fate Hinges On $112,000 Realized Price Level – Details
The Bitcoin market remains in an intense corrective phase after prices registered a significant 6.7% price decline in the past week. The premier cryptocurrency is presently valued at around $108,000, which recent on-chain data describes as a rather volatile state. Notably, there is a need for an immediate price rebound or Bitcoin risks a further…
Bitcoin 8% Below CME Gap Ahead Of Monthly Close — Will History Repeat?
The Bitcoin market is presently consolidating around $108,000 following a rather turbulent trading weekend, which pushes the leading cryptocurrency about 14% away from its present all-time high of around $124,457. Notably, investors’ sentiments appear mainly neutral amidst this extensive correction as many await any bullish signal for a potential recovery. Meanwhile, popular crypto analyst with…