Bitcoin has shown resilience by outperforming other major global assets like stocks, treasuries, and precious metals, even amid a recent Market correction. Currently down 23% from its all-time high of over $109,000 earlier this year, Bitcoin is still considered a strong investment. Analysts suggest that this decline is part of a natural correction within an ...
Bitcoin’s recent drop to around $80,708, following a 14% decline, raises concerns among investors about a potential bear Market. Analysts suggest this may just be a normal correction within a broader bull Market. Aurelie Barthere from Nansen believes BTC might retrace to the $71,000-$72,000 range, which could stabilize the Market for a healthier recovery. Arthur ...
Bitcoin is currently experiencing a correction, which analysts predict may continue until March or April before it possibly rises to previous highs. Recently, Bitcoin fell below $80,000, influenced by a broader Market decline due to global trade tensions. In the same week, major US stock indexes also dropped, causing traders to seek refuge in a ...
Bitcoin and Ethereum are nearing important support levels, with the potential for a price correction if they close below these points. Ripple’s XRP is also tracking closely behind, approaching its own ascending trendline, which indicates a possible pullback if it drops below this level. Meanwhile, XRP’s price has weakened after Ripple’s legal actions against the ...
Bitcoin is experiencing a bullish trend, but uncertainty about a crypto executive order from President Trump could lead to a price correction. Analysts suggest Bitcoin might fall below $96,000 due to a “diamond pattern” in its technical charts, indicating a potential reversal. Observations show that Bitcoin needs to stay above the key support level of ...
Tom Lee, co-founder and head of research at Fundstrat Global Advisors, believes Bitcoin needs to drop further before it can make a significant comeback. In a recent CNBC interview, he stated that while Bitcoin’s current decline of 15% from its highs is typical for such a volatile asset, more correction is expected. Fundstrat’s analysis suggests ...
On-chain metrics from the crypto analytics firm Glassnode indicate that Bitcoin (BTC) may experience sideways movement or further correction due to decreasing buying pressure. The firm’s analysis shows a significant drop in the “Hot Capital,” which fell by 66.7% from its peak in December. Additionally, diminished exchange volume and low funding rates suggest reduced demand ...
Bitcoin’s price has dropped below $94,000, down from its recent high of $108,000. Over the past day, it has seen a slight dip of 1.29%, and it’s trading between $92,000 and $99,000. Analysts warn of a potential correction to around $80,000, as Market sentiment shifts towards bearish. The Relative Strength Index indicates a balanced Market, ...
Bitcoin’s recent performance shows a negative short-term outlook amid rising Market volatility. The cryptocurrency has dropped by up to 11% from its recent all-time highs, leading experts to predict a potential price correction. Analyst Jesse Olsen suggests Bitcoin could face a significant pullback of up to 30%, especially due to a bearish signal on the ...
Bitcoin is currently facing a challenging short-term outlook, having recently dropped by up to 11% from its all-time high, leading to concerns about a potential price correction. Crypto expert Jesse Olsen warns that Bitcoin could experience a further decline of up to 30% in the coming days, particularly due to bearish indicators like the MACD ...
