CryptoQuant CEO Ki Young Ju announced that the Bitcoin bull cycle has ended, predicting 6 to 12 months of bearish or sideways Market activity. This update comes after he had recently shown a more cautious but optimistic outlook. He highlighted the Bitcoin PnL Index Cyclical Signals, which track several on-chain metrics to identify price trends. ...
Bitcoin is experiencing a decline from the $90,000 mark, falling below $82,500 and possibly continuing to drop past $78,000. The cryptocurrency has dropped below the $82,000 support level and is currently trading under $80,000 along with the 100 hourly simple moving average. A bearish trend line shows resistance around $82,200. Although there was a brief ...
Last week, BlackRock’s spot bitcoin ETF, trading under the ticker IBIT, saw a significant decline of over 11% as trading volumes surged to their highest since mid-November. More than 331 million shares were exchanged as the ETF’s price fell below its January support level, dropping to $46.07—the lowest point since early November. This downturn led ...
Analyst Dave the Wave, known for predicting a previous crypto crash, is now sounding alarms about Bitcoin. He believes Bitcoin’s current consolidation could lead to a decline, especially as its moving average convergence divergence (MACD) indicator suggests a bearish trend. He predicts Bitcoin might drop below $90,000, potentially hitting the $80,000 mark before starting a ...
Bitcoin’s price has struggled throughout 2025, failing to capitalize on a brief surge at the end of 2024. Despite this, investors remain hopeful for a potential rally to a new all-time high. However, recent analysis from CryptoQuant suggests that the Market is leaning bearish, indicated by shifts in the Inter-Exchange Flow Pulse metric. A rise ...
Bitcoin’s price remains under pressure, trading below $96,000 on Monday after a recent decline. Ethereum has also fallen, now below $2,600, losing nearly 9% last week, while Ripple is struggling around $2.34 after being rejected at $2.72. Technical indicators suggest that Bitcoin may continue to drop towards the $90,000 mark, with Ethereum possibly testing support ...
Bitcoin’s price is around $97,400 after a nearly 5% drop over the last few days, with concerns it might test the $90,000 mark if the correction continues. Ethereum is struggling around $2,700, hinting at further declines below $2,359. Ripple faced resistance at $2.72 and is currently trading at about $2.35, with the potential to drop ...
Bitcoin has recently fallen below the crucial $100,000 support level, causing worries about its future price movements. This level has been significant for Bitcoin, and breaking it has shifted Market sentiment toward the bearish side. Many traders are now concerned this might lead to further declines, with potential targets at $90,000 or even $85,000. The ...
Bitcoin might face a significant drop to $75,000 if it confirms a ‘double top’ bearish reversal pattern. This pattern forms when Bitcoin peaks at similar price points twice, struggling to surpass the previous high. Currently, Bitcoin is trading around $100,000 after failing to maintain the December peak, indicating a potential double top formation with key ...
Bitcoin (BTC) is currently facing bearish trends, trading below $91,000. Analysts are scrutinizing key Market indicators to predict its future behavior. CryptoQuant contributor Percival points out that Bitcoin typically experiences increased sell-side pressure during the year’s final months. Despite a recent 13% decline in Open Interest, largely driven by institutional activity, Bitcoin has managed to ...
