Bitcoin has recently hit a high of $108,000 but has since dropped to around $94,000, leaving many investors wondering if they should buy in now. This dip mirrors historical patterns typically seen after Bitcoin’s halving events. If Bitcoin follows past trends, it could decline further to about $85,000. When considering whether to invest, think about ...
Bitcoin is currently trading at around $96,500, slightly down after a recovery of over 2.5% this week. Historically, January has shown modest returns, averaging 3.35% for Bitcoin. On-chain data indicates that the current Market phase is a cooling-off period rather than the end of a bull run, despite some weakening institutional demand. The Bitcoin Spot ...
Bitcoin’s trading volume has plummeted by about 97% since its peak in November, yet its price has surprisingly risen, approaching the $96,000 mark. This situation highlights unusual Market dynamics where lower liquidity may be allowing for easier price increases. However, Bitcoin is still trading below the crucial 50 EMA, indicating a bearish outlook unless it ...
Amid recent price fluctuations and a Market crash, a crypto analyst has provided a positive outlook for Dogecoin, emphasizing its key support and resistance levels. The analyst highlights a strong support zone around $0.2814, suggesting that if Dogecoin breaks this level, it could spark a significant rally. Although the coin experienced a dip to $0.2626, ...
Crypto analyst Master Kenobi has shared insights on Dogecoin’s price movements in relation to the recent Bitcoin halving and historical trends. He believes that Dogecoin is currently in a critical phase, situated between Step 2 and Step 3 of its price cycle. Notably, he highlights a potential peak for DOGE around January 20, 2025, coinciding ...
Bitcoin is currently facing challenges as it struggles to break through and maintain the $100,000 support level. Veteran trader Peter Brandt has drawn parallels with a previous pattern from 2018, suggesting a possible similar trajectory for Bitcoin’s future. He refers to this pattern as Hump-Slump-Pump-Dump, which may indicate upcoming price movements. While the Market sentiment ...
Bitcoin’s price has fallen below the $100,000 mark, showing bearish trends and potential for further declines. Currently trading below $98,000, Bitcoin faces immediate resistance at $95,850 and key support around $91,200. If it can hold above this support level, there might be a chance for recovery, targeting the $98,500 resistance. However, if the price continues ...
Bitcoin has bounced back above $100,000 after dipping below that mark, driven by traders looking for bargains. The cryptocurrency climbed to a high of $101,700 after hitting a low of $98,500 the previous day. This recovery comes despite mixed signals from the Federal Reserve, which has announced plans to cut interest rates, but only twice ...
The week kicked off positively for the cryptocurrency Market as Bitcoin hit a new all-time high of over $106.6K. This surge sparked significant price increases among several altcoins, with Ondo leading the way with a rise of over 15%. Fantom and Virtuals Protocol also saw gains of more than 13% each. Ondo’s price has been ...
Bitcoin has hit a new all-time high of $106,648, continuing its bullish momentum after a 3.32% rally last week. Meanwhile, Ethereum is flirting with the $4,000 resistance level; if it can close above this mark, it may surge further. On the other hand, Ripple is showing signs of caution as it trades around $2.40, having ...
