Bitcoin’s recent price correction from its January high is seen as a normal part of its Market cycle, according to crypto analysts. They believe the peak is still ahead, despite current uncertainties influenced by macroeconomic factors like US interest rates and tariffs. Collective Shift’s CEO, Ben Simpson, highlights that Bitcoin has only experienced a few ...
Bitcoin is currently experiencing a typical Market correction after reaching a peak of $109,000 in January, with analysts suggesting there is still potential for future growth. Experts like Ben Simpson believe this pullback, which saw Bitcoin drop around 24%, is normal and necessary for the Market to stabilize. Despite ongoing uncertainties due to macroeconomic factors, ...
Bitcoin has recently experienced its second-largest price drop during the current bull Market, with a fall from its all-time high of $109,590 to $77,041, a 30% decline mainly driven by selling from short-term holders. According to Bitfinex, these holders, who bought Bitcoin within the last month, are facing unrealized losses and increased selling pressure. Additionally, ...
Bitcoin has faced its second-largest correction in the current bull run, dropping from an all-time high of $109,590 to a low of $77,041—a 30% decline caused by selling by short-term holders. Analysts from Bitfinex report that many of these holders, who bought Bitcoin recently, are experiencing net losses. Additionally, there were significant outflows from Bitcoin ...
Following the recent trading window, U.S. Bitcoin Spot ETFs have seen significant outflows, with investors withdrawing over $900 million, marking the fifth consecutive week of redemptions. This trend suggests a lack of confidence from institutional investors despite a strong start to the year where Bitcoin ETFs attracted over $5 billion. The largest withdrawals occurred from ...
Despite concerns among investors due to a recent price drop, Bitcoin’s historic bull Market remains viable, with analysts suggesting the current correction may be a temporary shakeout before further gains. Bitcoin’s price fell 22% from its peak of over $109,000, but historical trends indicate that such corrections are normal within bull cycles. While bearish technical ...
Despite the recent dip in Bitcoin’s value, Market analysts believe that the cryptocurrency’s long-term bull cycle remains unharmed. Currently, Bitcoin is down 22% from its peak of over $109,000, attributed to investor fears and Market corrections. However, analysts suggest this could be a temporary shakeout rather than the start of a bear Market. The launch ...
The S&P 500 has officially entered correction territory, experiencing a 10% drop from its all-time high, and another decline of 10% would indicate a bear Market. Despite this, history shows that corrections of this nature are common, as seen during past economic events like the 2008 financial crisis and the Covid-19 pandemic. Bitcoin, which started ...
Bitcoin’s recent drop to around $80,708, falling more than 14% in a week, has raised concerns among investors about a possible bear Market. However, experts like Aurelie Barthere from Nansen suggest that this decline is part of a “macro correction” within a longer-term bull Market. Predictions indicate Bitcoin could retrace to the $70,000 mark, seen ...
Bitcoin is currently facing a potential dip towards the $72,000 support level, driven by low investor confidence, which has fallen to its lowest since 2022. After reaching a peak of over $109,000 in January, Bitcoin’s price dropped to around $78,197 by the end of February. Analysts suggest that while a slight correction is possible, Bitcoin ...
