Bitcoin is struggling to surpass the important $85,000 mark, remaining stagnant for the past two months. Long-term holders are feeling the pressure as their unrealized gains decline, with a key Market sentiment indicator recently hitting a two-year low. This shift indicates unfavorable conditions for these investors, leading to a pullback in their buying activity. Currently ...
In our latest Bitcoin analysis, we observe that after a previous bearish breakout below a long-term ascending channel, Bitcoin’s price has recently rebounded above that critical level. This rebound suggests that bulls might be regaining control and points to the potential for a bullish trend. The current Market conditions, including challenges in the US bond ...
Bitcoin prices are experiencing a fresh increase, moving above the $82,500 mark and reaching further gains past the $83,200 level. The cryptocurrency is currently stable, trading above the 100-hour Simple Moving Average. Having broken a bearish trend line at $84,500, BTC aims to challenge the $85,500 resistance, with the potential to reach $85,850 and beyond. ...
On Wednesday, Bitcoin’s price is around $76,200 after a notable drop of 3.59% the day before. Ethereum is showing weakness, falling below $1,400, while XRP has broken its key support level of $1.96, indicating a potential correction. Analysts suggest that if Bitcoin continues to decline, it may drop to $73,000. Ethereum, having dropped significantly lately, ...
Bitcoin has recently experienced a decline, dropping below the $83,500 level and continuing its slide under $82,000. Currently, it trades below $81,200, facing resistance at $80,000 and $80,500. A significant bearish trend surfaced after breaking below a key support trend line. While Bitcoin briefly recovered from a low of $77,057 to above $78,800, it struggles ...
Bitcoin has recently experienced a decline, dropping below the $83,500 level and continuing its slide under $82,000. Currently, it trades below $81,200, facing resistance at $80,000 and $80,500. A significant bearish trend surfaced after breaking below a key support trend line. While Bitcoin briefly recovered from a low of $77,057 to above $78,800, it struggles ...
Bitcoin has fallen below the key $80,000 mark, driven down by worries over tariff impacts on the U.S. stock Market. As of Sunday evening, the cryptocurrency dropped about 5%, raising concerns of increased Market volatility. A troubling technical pattern called the “death cross” has emerged, indicating potential further price declines. Investors should keep an eye ...
Bitcoin is facing troubling signs as it struggles to surpass important resistance levels, making it susceptible to further price drops. Approaching the $80,000 support level, concerns about a potential Death Cross are growing, which could lead to more bearish trends. Short-term investors are largely responsible for current losses, while long-term holders are realizing profits. However, ...
Bitcoin is facing a challenging situation as its price struggles to surpass important resistance levels, hovering around $82,248. As it approaches the $80,000 support level, there are fears of a possible Death Cross, which historically indicates significant price corrections. Short-Term Holders are realizing losses, while Long-Term Holders continue to profit, yet overall Market demand remains ...
Bitcoin’s price has recently approached the $80,000 mark, facing potential risks of dropping below this level. On-chain data reveals critical support between $80,920 and $78,000, which traders are closely monitoring. After a significant price drop to below $77,000 earlier in March, Bitcoin rebounded, reaching highs around $88,500. However, some traders have sold their holdings after ...
