Bitcoin’s price has been on a wild ride lately. Let’s break down what’s happening. A Double Top and a Potential Crash Last week, Bitcoin took a major dive, losing over 15% and hitting lows around $80,000. This drop, combined with previous peaks around $108,000 and $109,000, forms a “double top” pattern – a classic bearish…
Bitcoin (BTC) has taken a bit of a tumble this week, testing its support levels. But some analysts think things might look brighter by the weekend. Bitcoin’s Recent Drop Bitcoin’s price has dropped significantly, falling 21% from last week’s high of $99,000. This drop took it below $80,000 for the first time since November, and…
Bitcoin’s price has been acting a bit strangely lately, and experts are watching closely. A key price range between $78,000 and $80,700 is causing some concern. The Mysterious CME Gap There’s something called a “CME gap” that’s causing a stir. This gap shows up on Bitcoin’s futures chart (from the Chicago Mercantile Exchange). Basically, it’s…
Bitcoin’s been on a wild ride lately, and some experts think the worst might not be over. We could be heading into a serious bear market. A $70,000 Crash? One Analyst Thinks So Arthur Hayes, a well-known crypto analyst and co-founder of BitMEX, is predicting a Bitcoin price drop to between $70,000 and $75,000. That…
Analyst Bob Loukas, known for his “four-year cycle” Bitcoin trading strategy, isn’t worried about the recent price drop. He sees it as a normal part of Bitcoin’s volatility and a potential setup for a massive price increase. Bitcoin’s Rollercoaster Ride Bitcoin recently fell from around $110,000 to the $80,000 range – a roughly 22% drop….
Bitcoin took a bit of a dive, dropping 11% from its peak. Sounds scary, right? But let’s look at the bigger picture. Bitcoin’s History: A Rollercoaster Ride Bitcoin’s price has always been volatile. Think wild swings up and down. Looking back, dips of 10% or more have happened at least 13 times between 2012 and…
Bitcoin’s recent price drop has sparked concerns, but some analysts see reasons for optimism. Let’s dive into their predictions and analysis. Massive Liquidation Potential Points to a Bitcoin Price Rebound Crypto analyst Kevin Capital points to a significant disparity in Bitcoin liquidation data as a potential indicator of a price recovery. He highlights that while…
Bitcoin took a nosedive, dropping to $86,099 on February 26th. This caused a massive $1.06 billion loss in market value and sent shockwaves through the crypto world. Liquidations and Bearish Sentiment Coinglass reported a staggering 230,000 liquidated positions that day. Open interest plummeted to 5%, showing investors were quickly getting rid of their leveraged bets….
Bitcoin took a surprise dive recently, dropping below $90,000 and dragging other cryptos down with it. This left many bullish investors feeling the pinch. But is this a disaster, or something else entirely? A Necessary Correction? Bitcoin hadn’t traded below $90,000 since November 2024. After a long climb, it had been consolidating between $90,000 and…
Bitcoin (BTC) has been on a bit of a rollercoaster lately. After briefly hitting a high above $99,000, it’s dipped below $95,000, leaving some wondering about the future of its upward trend. A Rocky Road The past few days haven’t been kind to Bitcoin. A big hack of crypto exchange Bybit wiped out some recent…
