The Bitcoin price has suffered a violent rejection after hitting the $110,000 level, showing a clear intention of the bears to keep the digital asset from hitting new all-time highs. So far, the rejections from $110,000 have been swift and have put the bears back in control. This has given credence to calls that the…
Tag: BTCUSDT
Bitcoin Nears All-Time High as Whale Behavior Suggests Further Upside
Bitcoin continues to show signs of recovery as its price rebounds from a brief correction last week. At the time of writing, the crypto is trading at $109,693, reflecting a 0.4% increase over the past 24 hours. Despite this upward movement, the current price remains roughly 2% below its all-time high of over $111,000, recorded…
Bitcoin Options Traders Expect Quiet—But On-Chain Data Suggests Chaos
The Bitcoin Options traders have been pricing in low implied volatility, but on-chain data shows a setup ripe for amplified price swings. Bitcoin Options ATM IV Has Been Trending Lower In its latest weekly report, the analytics firm volatility risk associated with Bitcoin looks from the perspective of on-chain analysis. The indicator shared by Glassnode…
Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000
Bitcoin has faced a lot of resistance above $110,000, suggesting the bears are trying to keep the digital asset from reclaiming its all-time high levels. This has been obvious with multiple rejections above $110,000 over the last few days, while the bulls have held support above $108,000. This trend plays into an analysis published by…
Bitcoin Price Hits Local High? Top Analyst Shares Key Levels
The Bitcoin price is slipping into a critical area following a decline in the previous buying pressure. Many traders and investors in the crypto market wonder if the top crypto will recover as confidence in a new Bull Market barely show signs of a recovery. Top Bitcoin Pundit: Watch Out For This Level According to…
Why Bitcoin’s Calm Rally Could Be a Setup for a Massive Breakout, Analyst Reveals
Bitcoin has returned to an upward trajectory, with the asset posting a 1.7% gain in the last 24 hours to reach $109,505. This marks a 4% increase in the past week, placing the cryptocurrency less than 2% below its all-time high of $111,000 set last month. The move follows a period of subdued market activity,…
Bitcoin Eyes New Highs As Price Retests $109,000, But Analyst Warns Of Potential Pullback
Bitcoin (BTC) is trying to reclaim a crucial area amid its recent price recovery, which could propel the flagship crypto toward new highs. Some analysts suggested that BTC is preparing for the “final resistance,” while others warned that it still risks a potential pullback to lower levels. Bitcoin Rally Eyes Next Resistance Bitcoin has finally…
Bitcoin Back At $109,000, But HODLer Profit-Taking Down 89%
On-chain data shows the veterans of the Bitcoin market are taking 89% less profits compared to the May peak, despite prices being similar now. Bitcoin Realized Profit For 1Y+ Hands Is Relatively Low Right Now In a new Realized Profit” refers to an indicator that measures, as its name implies, the amount of profit that…
Ethereum Staging A Repeat Of Bitcoin’s 2021 Cycle? Here’s The Target
With the recent Ethereum price trend, a crypto analyst has pointed out that the altcoin could be looking to stage a similar rally to what was seen with Bitcoin back in 2021. Crypto analyst TradingShot pointed out the similarities in a recent analysis and showing where the price could go if it does play out…
On-Chain Data Flashes Bullish: Is Bitcoin Ready for a $110K Comeback?
Bitcoin has resumed its upward trajectory, registering a modest 1.6% gain over the last 24 hours to trade at $107,428. The recovery comes after last week’s dip toward $100,000 levels, which had been triggered by market-wide volatility and profit-taking. While BTC remains approximately 4.2% below its all-time high of $111,000 reached last month, the weekly…