Bitcoin is trading at a decisive point after recently setting new all-time highs, but momentum appears to be shifting. Despite briefly pushing past $120,000, BTC failed to sustain levels above its record, and the breakout above ATH remains unconfirmed. This lack of follow-through has fueled bearish speculation, with some analysts warning that the market could…
Tag: BTCUSDT
Bitcoin Next Crucial Test Lies At $127,000 — Breakout Eyes $144,000 Mark
Bitcoin is trading in the $117,000 price region following a rather eventful week, which allowed investors to experience both sides of the market volatility. Notably, the premier cryptocurrency established a new all-time high at $124,457 before experiencing a sharp crash to below $118,000 driven by recent US PPI data. As enthusiasts await the asset’s next…
Bitcoin Options Traders Don’t Expect Volatility: Contrarian Signal Brewing?
Bitcoin options markets are showing a low volatility expectation, something that has actually preceded sharp price action in the past. Bitcoin Options ATM IV Has Been Going Down Recently In its latest weekly report, on-chain analytics firm Glassnode has talked about the latest trend in the Bitcoin Options At-The-Money Implied Volatility. Implied Volatility (IV) refers…
Brace For Impact: Bitcoin Price Could Crash To $110,000 Amid Signs Of Exhaustion
Despite recovering above $120,000 again, Bitcoin has not been able to completely shake off the bearish pull. This has resulted in what looks like the beginning stages of a price pullback that could result in a notable crash. There are also fair value gaps (FVGs) that are yet to be fully filled, suggesting that the…
The Grand Bitcoin Roadmap: Crypto Expert Says $160,000 Still In The Works
Bitcoin may be setting up for another major push toward six-figure prices after reclaiming a key bullish pattern and ending a period of repeated downside deviations. According to well-known crypto analyst Rekt Capital, the recent move puts BTC back in position to aim for the $160,000 target, provided it can hold a crucial support level…
Bitcoin Retraces Below $120,000: Is Coinbase Selling To Blame?
Bitcoin has seen a retrace back below the $120,000 level as data shows the Coinbase Premium Gap has dropped into the negative zone. Bitcoin Coinbase Premium Gap Has Plummeted Into The Red Region In a new Coinbase Premium Gap. This indicator measures the difference between the BTC price listed on Coinbase (USD pair) and that…
Pundit Predicts ‘Near Term’ Bitcoin And Ethereum Prices, There’s Still Room To Run
Bitcoin and Ethereum prices began to rally over the weekend, and interestingly, ETH was able to beat the $4,000 level for the first time in eight months. Bitcoin also recovered from its crash below $113,000 the previous week, taking the rest of the crypto market with it. Naturally, the reversal to bullish sentiment has brought…
Can Bitcoin Reclaim Its All-Time High? Analyst Points To Key Level For A Comeback
The Bitcoin price has been enjoying some form of resurgence over the past week, returning above the significant $115,000 level again. The premier cryptocurrency briefly crossed the $117,000 mark on Friday, August 8, capitalizing on recent bullish developments in the United States. On Thursday, August 7, United States President Donald Trump signed an executive order…
Bitcoin Holds Strong Near All-Time High – Market Not Overheated Yet, Data Shows
Bitcoin is holding firm above the $115,000 level after several days of trading below it, signaling renewed strength in the market. The bullish tone is building as Ethereum posts massive gains and altcoins begin to show strong moves over the past few days. For some analysts, this could be the start of the long-awaited altseason;…
Bitcoin Bull Run At Risk? Binance Whale-To-Exchange Flow Signals Price Correction
After failing to decisively break above the $120,000 level in mid-July, Bitcoin (BTC) could face further price corrections as whales continue to increase BTC inflows to the Binance crypto exchange. Is Bitcoin Losing Its Bullish Momentum? According to a recent CryptoQuant Quicktake post by contributor Arab Chain, fresh data from the Binance Whale-to-Exchange Flow indicator…