This week, Bitcoin (BTC) has recovered from its recent drop below the $100,000 level and is attempting to turn the crucial $108,000 resistance into support for the fourth time. As we approach the second half of 2025, a market watcher has shared his forecast for BTC. Bitcoin Sees Transitional Period On Thursday, analyst Rekt Capital…
Tag: BTCUSDT
Bitcoin Binance Open Interest Shoots Up: Warning For BTC?
Data shows the Bitcoin Open Interest on the cryptocurrency exchange Binance has recently shot up. What could this mean for the asset’s price? Bitcoin Binance Open Interest Has Seen A Sharp Increase As explained by an analyst in a CryptoQuant Quicktake Binance has spiked. The “Open Interest” refers to an indicator that measures the total…
Bitcoin Short-Term Holder Floor Rises Toward $100,000, Reinforcing Bullish Sentiment
Following a quick drop to nearly $98,000 over the weekend, Bitcoin (BTC) has recovered most of its recent losses and is now trading above $107,000 at the time of writing. Fresh on-chain data suggests that the short-term holder (STH) floor for BTC has been steadily rising toward the $100,000 level. Bitcoin STH Floor Approaching $100,000…
Bitcoin Eyes $120K? Analyst Reveals What Comes After BTC’s 50-Day EMA Breakout
Bitcoin has resumed its upward movement, maintaining strength above the $107,000 level as market momentum builds toward the asset’s recent all-time high above $111,000. As of this writing, BTC is trading at $107,242, reflecting a 1.3% gain over the past 24 hours and a 2.7% rise in the past week. The market’s rebound comes after…
Bitcoin Price Crash Below $100,000: Pundit Reveals Next Area Of Action To Start Buying
After the Bitcoin price breakdown below $100,000 over the weekend, multiple new narratives have emerged for where the digital asset may be headed. Calls for the next Bitcoin bear market continue to ring loud as analysts predict lower prices. One crypto analyst, known on X as Astronomer, has taken to the platform to give investors…
Fast-Tracking A Bitcoin Rally: Expert Identifies 3 Bullish Catalysts
The cryptocurrency market is currently experiencing heightened volatility, particularly with Bitcoin (BTC) fluctuating dramatically. Recently, the price dipped below $99,000 before rebounding to over $106,000 within a span of just 24 hours. Bullish Bitcoin Setup Amid Geopolitical Tensions In a recent post on social media platform X (formerly Twitter), analyst Cyclop suggested that despite the…
Trump’s Truth Social Officialy Files For Bitcoin And Ethereum ETFs With NYSE
Trump Media and Technology Group Corp (TMTG) has officially filed for its second crypto exchange-traded fund (ETF), focusing on Bitcoin (BTC) and Ethereum (ETH), as detailed in a recent filing to the Securities and Exchange Commission (SEC). Trump Media Files For Second Crypto ETF If the SEC approves this new investment product, it will trade…
Bitcoin’s Drop Below $100k Sparks Bearish Chatter, But Data Says Something Else
Bitcoin has rebounded slightly after dropping below the $100,000 mark, a decline attributed to escalating geopolitical tensions. The digital asset reached lows of approximately $98,974 following reports of US military strikes on Iran. At the time of writing, Bitcoin has regained some ground and is trading at $102,1010, representing a 2.4% increase over the past…
This Bitcoin Zone Could Be Market’s Next True ‘Pivot,’ Says Glassnode
The on-chain analytics firm Glassnode has highlighted the $97,000 to $98,000 zone as an important one for Bitcoin. Here’s why. Bitcoin CBD Suggests Build Up Of Supply In This Range In a new Cost Basis Distribution (CBD) is an indicator that measures the amount of the BTC supply that investors last purchased or transferred at…
Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next?
Bitcoin (BTC) has been facing significant volatility and downward pressure lately. However, analysts warn that the downtrend may not be over yet, as projections point to a deeper price crash toward $94,000 soon. According to Bitcoin’s Elliott Wave count, the cryptocurrency is currently in a vulnerable phase that may trigger more losses, despite the market’s…