Bitcoin recently dipped below $75,000, influenced by declines in traditional markets like the S&P 500, but later recovered to around $78,000. Some analysts see this pullback as a potential bear Market, while others note that Bitcoin’s past price drops have often led to strong recoveries. Although Bitcoin’s price and traditional markets are currently correlated, this ...
Bitcoin is currently facing significant pressure, with its price dipping to around $76,000, a decline of about 10%. This drop is attributed to recent comments from President Trump concerning tariffs, which have spooked traders and led to a sell-off in both stocks and cryptocurrencies. The uncertainty stemming from the potential economic impact of these tariffs ...
Bitcoin has recently lost its upward momentum, dropping 6.4% to around $82,000 after nearing the $90,000 mark. This decline raises concerns about whether the previous price surge was driven by real demand or mere speculation. Analysts from CryptoQuant highlight warning signs, particularly the Network Value to Transactions (NVT) ratio, which shows a high Market cap ...
Bitcoin recently faced a 7% price drop, falling from $88,060 to $82,036, resulting in significant liquidations worth $158 million. This decline coincided with gold hitting a record high, challenging Bitcoin’s reputation as “digital gold.” Analysts remain optimistic, suggesting that Market liquidity and government actions may lead to a Bitcoin rally. Economic concerns, including a global ...
Bitcoin faced a setback on March 28, dropping 3.5% to an intraday low of $84,120 after a positive start to the week. This price drop occurred just below a key trendline and threatens to push BTC below its 200-day exponential moving average, possibly leading to further declines. Analysts suggest that if liquidity conditions stay the ...
Bitcoin recently dropped to a four-month low of $76,700, influenced by a significant decline in the S&P 500 index. Despite this 30% drop from its peak of $109,350, indicators suggest the correction may be nearing an end. While some analysts claim Bitcoin is in a bear Market, current trends differ from the drastic declines seen ...
Bitcoin’s recent price movement has been downward, currently trading at $79,766, which is nearly 27% below its all-time high of $109,000. In the past week, the cryptocurrency has dropped 14.6%, including a 4.4% decline in the last 24 hours. Analyst Ibrahim has pointed out a CME gap at the $86K level, suggesting this could indicate ...
Bitcoin’s price is currently around $82,000, having dropped nearly 15% last week. This decline led to significant liquidations in the crypto Market, totaling $687.73 million just in the past 24 hours. A recent report from QCP Capital points to hackers from Bybit cashing out around $300 million of their stolen assets as a key factor ...
Tony Severino, a well-known crypto analyst, has issued a bearish prediction for Bitcoin, suggesting the cryptocurrency may soon face a significant price drop. He identifies a Head and Shoulders pattern on Bitcoin’s price chart, signaling a potential decline to around $83,600. This pattern typically indicates a shift from bullish to bearish trends. Despite the anticipated ...
Bitcoin’s price has dropped 10% this week, settling at $86,300 after breaking out of its previous trading range of $90,000 to $110,000. Traders are now closely monitoring a significant “runaway gap” in CME Bitcoin futures, which could bring the price down to $80,000. This gap, a blank space on the price chart, emerged three months ...
