Bitcoin (BTC) is trying to break back above $84,000, but it’s been a bumpy ride. Could its performance this quarter mirror its 2017 surge? Let’s dive in. Bitcoin’s Recent Price Action Last week, Bitcoin briefly hit $88,000-$89,000, but it didn’t last. It quickly dropped back down to around $84,000, experiencing an 8.2% dip at one…
Bitcoin’s price has been struggling lately, leading many to believe the peak is behind us. But not everyone agrees. Several crypto analysts are pushing back against this bearish sentiment, predicting further growth for the flagship cryptocurrency. A Bullish Outlook Despite Price Drops BitQuant, a well-known crypto analyst, confidently stated that Bitcoin hasn’t reached its peak…
This week looks wild for Bitcoin, with several factors potentially causing big price swings. Here’s the lowdown: Trade Wars and Tariffs Get ready for a potential trade war escalation on April 2nd. President Trump’s “Liberation Day” could bring massive new tariffs, impacting various goods and potentially causing significant inflation. This uncertainty could lead to major…
Bitcoin’s price has been bouncing around the $80,000 mark lately, with a potential dip on the horizon. Let’s dive into the details. Thinning Support at $78,000 On-chain data reveals a weakening support level around $78,000. There aren’t many buyers left holding Bitcoin at that price, making it a vulnerable point. This is partly due to…
Bitcoin spot exchange-traded funds (ETFs) had a pretty good week at the end of Q1 2025, attracting around $200 million in new money. This is a nice turnaround after some heavy withdrawals earlier in March. Ten Days of Gains Data shows that Bitcoin ETFs saw positive net flows for ten straight trading days before a…
Analyst Satoshi Flipper on X predicts a Bitcoin price surge after breaking a falling wedge pattern. Let’s dive into the details. The Falling Wedge Breakout Bitcoin recently broke out of a falling wedge pattern – a bullish signal. This pattern shows lower highs and lower lows converging into a wedge shape. Breaking above the wedge’s…
Bitcoin’s price has been pretty sluggish lately, especially on weekends in 2025. After a good start to the week, it dipped back down to around $84,000 and then even lower, below $83,000 on Saturday, March 29th. But some interesting data suggests things might be looking up. A Look at the Sell-Side Risk Ratio Crypto analyst…
Bitcoin’s been on a wild ride lately, hitting record highs and then crashing back down. Now, it’s approaching a crucial point: the CME gap close, which analysts predict could send it towards $83,000. But what happens next? The CME Gap Close Explained The CME (Chicago Mercantile Exchange) gap close is a thing in the Bitcoin…
Bitcoin had a great run last week, soaring past $88,000. But then things took a turn. A Price Correction After the latest inflation data dropped on Friday, March 28th, Bitcoin took a significant dive. It’s now trading below $84,000, and some investors are getting nervous about further price drops. Key Support Levels: Where’s the Bottom?…
A recent analysis of Bitcoin’s price suggests a possible repeat of last year’s rally, but also highlights potential risks. Let’s break down what’s happening. RSI Retest: A Key Indicator? Crypto analyst Rekt Capital noticed Bitcoin’s Relative Strength Index (RSI) is mirroring a pattern from before a significant price jump in 2024. The RSI recently retested…
