The Bitcoin price has been cooling off on low timeframes, while the altcoin markets take advantage to trend higher. The top cryptocurrency has been struggling as major holders take profit at BTC’s current level. Related Reading: Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next? At the time of writing, the Bitcoin price trades around $118,800 with a 2% gain over the last 24 hours and a 9% gain over the past week, according to data from CoinGecko. Conversely, Ethereum, XRP, and Dogecoin have seen gains north of 16% on similar timeframes. BTC's price trends to the upside on the daily chart. Source: BTCUSD on Tradingview Bitcoin Price At Critical Levels, More Gains On The Horizon Following a major upside push from below $100,000, the Bitcoin price broke a persistent downtrend and managed to hit a fresh all-time high close to its current levels. As mentioned, a report from on-chain analytics firm Glassnode claimed an increase in profit taking from short-term holders. As these players exited the market, taking over $3.5 billion in profits in just 24 hours, the Bitcoin price lose steam and began moving sideways. While Bitcoin has been on a violent bull run, there are still fears of a major pullback from the $118,000 area to the support zone at around $110,000. However, a report from CryptoQuant, with data from top analyst Crypto Dan, suggests that the Bitcoin bull run still has some room for another leg up. As seen in the chart below, the current BTC market is nowhere near the overheated levels recorded in March and December of 2024. BTC's Realized Cap Age Bands as measured by UTXOs far from previous bear market levels. Source: Crypto Dan via CryptoQuant The CryptoQuant post stated the following, sharing an insight from Crypto Dan: (…) unlike in March and December 2024, on-chain data indicating market overheating shows that the market still hasn’t reached an overheated state. Despite the price rising even higher, the fact that overheating has significantly decreased compared to previous short-term peaks suggests that Bitcoin could continue to break all-time highs and rise significantly in the second half of 2025, leaving strong potential for growth. Bitcoin Bull Run Far From Over? In this context, and if bulls are able to sustain the momentum, Bitcoin is likely heading for higher. As NewsBTC covered earlier, a prediction from a top analyst claims that the levels of BTC adoption are unprecedented. Related Reading: This Fibonacci Level Puts The Dogecoin Price Above $10 This Cycle As such, the analyst said that the ‘real Bitcoin move’ is only about to begin. The analyst stated: I have a high degree of confidence that we’ll see $400k by the end of this year. This target might be too conservative. Cover image from ChatGPT, BTCUSD chart from Tradingview
In a post on 27 June, crypto-market chartist Dr Cat (@DoctorCatX) warned that Bitcoin’s ostensibly bullish weekly structure may be concealing a latent “time bomb” that could detonate if bulls fail to force a decisive breakout over the next three to four weeks. The technician’s diagnosis hinges on a classic Ichimoku paradox: an expanding bullish kumo and a flat Kijun Sen on the weekly timeframe are clustering with a constellation of bearish warnings on the daily and two-day charts. Bitcoin Faces A July Time Bomb “Look at the weekly kumo: it’s expanding, widening,” Dr Cat began. “This means that bullish momentum is building for potential trend sustainability even though the trend is not active as Kijun Sen is flat.” The observation is significant because an enlarging kumo—formed by the Senkou Span A/B envelope—generally represents thickening support, making sudden breakdowns statistically less probable as long as the cloud keeps widening. Related Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer At the same time, the Chikou Span (CS) is “above the candles without a gap,” but, Dr Cat cautioned, it has “4 weeks deadline to close above ATH or will enter the candles.” Should the lagging line be absorbed back into price, the textbook interpretation is a loss of bullish conviction at the largest visible scale. That ostensibly constructive weekly backdrop contrasts starkly with a “lot of red flags on the daily hinting for a bearish scenario which can escalate on many levels.” Among those alarms is the prospect of a death TK cross on the two-day chart, anticipated “tonight,” in which the Tenkan Sen slips below the Kijun Sen—often the prelude to a down-leg when it materialises beneath the cloud. “So how do you interpret such conflicting information from different timeframes?” the analyst asked rhetorically, underscoring that traders who privilege only a single interval risk being blindsided. Dr Cat’s answer is a roadmap defined by time. Because the weekly cloud continues expanding, “it is hard for the price to dump a lot” immediately; historically, the kumo “needs first to become flat.” The flattening mechanism is mechanical: if Bitcoin fails to record a fresh all-time high “in 2 weeks from now,” roughly by the week that begins 14 July, the leading Senkou Span A numerator will stop rising, truncating cloud expansion. That in turn opens a window for gravity to reassert itself on the higher timeframe. Against that backdrop the analyst offered two conditional trajectories. First scenario: bearish signals on the lower charts mature. “The price will likely need at least 1.5 month or so for a very big dump on the weekly scale, because the weekly kumo will keep expanding for 2 more weeks,” Dr Cat wrote. During that holding period the market could “range around / just do small dumps to the $90s,” a reference to the high–$90 000 zone that has defined range lows since late spring. Should this grind continue beyond the second half of July without a structural shift on daily Ichimoku metrics, weekly momentum would invert: the kumo would cease expanding and the CS would dive into prior candles, removing two of the most durable layers of longer-term support. Related Reading: Top Analyst Predicts New Bitcoin Peak Timeline And ‘Double Cycle Blowoff’ Second scenario: bulls seize the initiative. To “save the chart from the warning signs,” buyers must engineer “a higher high above the $110,600 high shortly after the 27th of June,” thereby invalidating the bearish daily setup and re-energising the top-down trend. Time is critical: after “the week starting on 14th of July,” the CS will approach prior candlesticks, making each subsequent failure to print a new high proportionally more damaging. Dr Cat locates a final decision node on “the Sunday of the week starting on the 14th of July”—20 July—when the interplay between a stalling cloud and an in-candle CS could arm an additional set of “red flags for bulls.” The post stops short of assigning explicit probability weightings to either outcome, but its construction implies that the market’s most consequential catalyst in mid-summer may not be macro data or ETF flows so much as a self-reflexive technical countdown visible to every chart-watcher who uses Ichimoku. With roughly three weeks remaining before the cloud loses upward curvature, participants must choose between forcing a breakout above $110,600 or bracing for a higher-time-frame correction that could test sub-$100 000 territory. Whether Bitcoin’s expanding cloud proves a shield or a trap is, by Dr Cat’s own framing, “hidden in plain sight.” For now, the bullish weekly silhouette buys bulls breathing-room, but the daily and two-day warnings ensure that every hour the asset trades side-ways the theoretical time bomb ticks louder. At press time, BTC traded at $106,778. Featured image created with DALL.E, chart from TradingView.com
Bitcoin is trading above the $105,000 level after a sharp rebound triggered by the announcement of a ceasefire between Israel and Iran. The geopolitical relief provided a strong tailwind for risk assets, and BTC responded with a powerful surge, regaining a critical psychological level that had previously flipped into resistance. Now, as bulls regain momentum, Bitcoin is flirting with a potential breakout above the $110,000 mark — a key level that capped rallies throughout June. Related Reading: Bitcoin Battles Key Support: Daily EMA-100 Must Hold to Prevent Deep Correction This renewed strength comes after several days of volatility and fear, where BTC dipped to as low as $98,200 amid escalating conflict in the Middle East. However, the swift recovery has shifted sentiment back in favor of the bulls. According to on-chain data from CryptoQuant, there has been a heavy spike in Taker Buy Volume over the past 48 hours — a strong signal that aggressive market participants are stepping in with conviction. These buy-side imbalances suggest that institutional and high-conviction traders are positioning for further upside. As the market heats up and risk appetite grows, a breakout above the $110K resistance could confirm the start of a new bullish impulse. For now, all eyes are on whether BTC can hold and extend above current levels. Bitcoin Faces Uncertainty As Bulls Defend Structure Bitcoin is currently facing a critical test, trading in a tight range after failing to break above its all-time high. Although bulls have managed to defend the overall structure and keep BTC above key moving averages, the price action has not provided a clear directional signal. The asset is roughly 6% down from its $112K peak, and while some traders expect an imminent breakout toward new highs, others warn of a potential retrace below the $100K psychological level. This divide among analysts stems from ongoing geopolitical instability — particularly in the Middle East — and tightening macroeconomic conditions. The Fed’s commitment to elevated interest rates and rising US Treasury yields continues to weigh on risk sentiment, making it difficult for BTC to build sustained momentum. Despite the uncertainty, buyers have shown signs of strength, with many looking to confirm the recent bounce as a solid bottom. Top analyst Maartunn highlighted one key bullish signal: heavy spikes in Taker Buy Volume, which indicate aggressive market orders being filled on the buy side. This suggests that high-conviction buyers are stepping in at current levels, potentially front-running a larger move to the upside. While this is a positive sign for short-term sentiment, Bitcoin must still reclaim the $109K–$112K range to invalidate the risk of a broader correction. Until then, traders remain cautious. If BTC closes a daily candle below the $103.6K support or loses the $100K level again, it could trigger a wave of liquidations and send prices lower. On the other hand, holding above $105K and building volume could set the stage for the next leg up. The coming days will be crucial in defining Bitcoin’s path forward. Related Reading: Ethereum Holds Critical Support – $2,350 Level Could Define The Next Move BTC Surges Above Key Support As Buyers Step In The 12-hour chart for Bitcoin reveals a strong bullish reaction after a brief dip below the $103,600 support level. The price rebounded sharply, reclaiming both the 100 and 50-period moving averages (green and blue lines, respectively), with BTC now trading around $105,357. This move confirms the importance of the $103,600 zone as a high-demand area, which has acted as a launchpad multiple times since early May. Volume surged on the recent bounce, indicating aggressive buying activity. The spike suggests whales and institutional buyers likely absorbed the panic selling triggered by geopolitical events earlier in the week. Price is now approaching the $109,300 resistance level, a key ceiling that capped multiple rallies in May and June. Related Reading: Solana Cracks Below Key Structure – Head And Shoulders Breakdown Points To $106 The short-term momentum remains constructive as long as BTC holds above the moving averages. However, a rejection near $109K could confirm a broader consolidation range between $103K and $109K. If bulls manage to flip $109,300 into support, the path to retest the all-time highs around $112K opens up. Featured image from Dall-E, chart from TradingView
Bitcoin rallied above $105,000 in mid-morning European trading on Tuesday, clawing back losses sustained over the weekend after dipping below six figures for the first time since May. Yet the respite may prove fleeting, says veteran technician Quantum Ascend (@quantum_ascend). Bitcoin Price Mirrors 2021 On side-by-side charts of the current cycle and the 2021-to-2024 arc, the analyst argued that Bitcoin is “the same exact pattern—run-up, one high, back down, second high,” followed by an ABC corrective sequence that in 2021 bottomed only after a second, deeper flush. “Gut says no,” he told viewers when asked whether last Friday’s sell-off had already marked capitulation. “We’ve been talking about this ABC since March… people were calling for new lows; I said nope, we got five waves at the top, we got an ABC and then we go— and that’s when the alts take off.” His base case now envisions a relief rally toward the $107,000–$108,000 band—the level where a trend-line projected from the two post-halving peaks intersects—before a final leg lower drives price into what he calls the “pain box” sandwiched between the 0.702 and 0.618 Fibonacci retracements of the entire rally from last October’s $58,000 breakout. In 2021 that zone ultimately wicked to the exact 0.618, a move he believes could repeat, implying spot levels between roughly $96,500 and $92,000. “This measurement fits the parameter now… if it wants to turn around and rip, great,” he conceded, “but there’s still a very good chance that was not the end.” Related Reading: Bitcoin STHs Capitulate: 14,700 BTC Moved To Exchanges At Loss Internally, the analyst parses the current drop as the developing C-wave of a larger flat, subdividing into a classic five-wave impulse. Wave three, he notes, appears complete; wave four “could come up high,” granting altcoins a short-lived pop, “but hopefully, again, sooner than later, we roll over.” He cites 2021’s July fractal, when Bitcoin bounced 20% before sliding a final time, as a psychological template. “When there’s a big news narrative event,” he observed, “we’ll get a little relief—people think it’s done—then wham, one more thing to scare retail.” Macro sentiment, he argues, remains fragile. The Chicago Mercantile Exchange gap at $92,000 is drawing “average-retail” bids, a setup he characterises as a “washing machine” in which professional money fronts liquidity only to fade it. “Retail is just a washing machine, man… that buy isn’t going to get filled,” he warned. Still, he reiterated long-term optimism, revealing he “hammered some buys” during Monday’s dip and advising his followers to dollar-cost average—“not financial advice”—through the turbulence. Related Reading: Bears Will Be Washed Out Of Bitcoin If This Happens Quantum Ascend’s upside target for the ensuing impulsive advance is comparatively restrained: $132,000, a level he says enjoys “two pieces of confluence” and would coincide with “the alts moment” when Bitcoin dominance finally cracks. “We will eventually work our way back up near the top of this B-wave… flag a little, and then boom,” he predicted, referencing November 2021’s so-called “Trump pump” that ignited a multisector altcoin surge. For now, traders watch the 0.702–0.618 pocket and the mooted relief ceiling at $108,000. Should Bitcoin slice through support without that interim bounce, the analyst says, the flush could conclude “sooner than later,” clearing the runway for what he calls “the next few months—our moment.” In his sign-off he urged viewers to “be an adult, live through it,” but also confessed palpable excitement: “I feel really good about where we’re at.” Whether the market shares his confidence will likely become clear once the final C-wave verdict arrives—perhaps, he hopes, within the week. At press time, BTC traded at $105,077. Featured image created with DALL.E, chart from TradingView.com
The Bitcoin price and the crypto market remain under pressure as the sector enters a low volatility period. While a lot of traders were expecting a big move yesterday, following the US Federal Reserve (Fed) decision on rate cuts, the cryptocurrency held its current levels. Related Reading: Analyst Warns: Strategy On Track For Historic Collapse, Bigger Than FTX Despite the relative resilience in the top crypto and other cryptocurrencies, the Bitcoin price is showing signs of potential downside. At the time of writing, BTC trades at around $105,000 with a 2.3% decline over the past seven days. Bitcoin price moving sideways over the past 2 months as seen on the daily chart. Source: BTCUSD on Tradingview Bitcoin Price’s Stuck, But Not for Long? Analyst Daan Crypto shared insights regarding the current Bitcoin price action. The analyst believes that BTC has been compressing over the past weeks. In that sense, a lot of traders are expecting a spike in volatility. As seen on the image below, the Bitcoin price has been trading within a tight range form by its monthly high sitting at $110,600 and a monthly low at around $100,000. Within this range, there are two key levels to watch: the area between $109,000 and $103,000. A breakout or breakdown from this range might signal the return of volatility to the Bitcoin price action. Thus, the cryptocurrency might reclaim or return to either or the previously mentioned levels on higher timeframes. The analyst stated the following: BTC Still hanging around the $105K area which is the middle of the monthly range and right at the monthly open. Price has been compressing and it’s clear that the market is waiting for a big move to occur. The statistics still heavily favor a further displacement this week and especially this month. So keep an eye on these levels and play accordingly. Bitcoin price trading within a tight range on the 4 hour chart. Source: Daan Crypto via X Bitcoin Seasonality Might Shock Traders On a separate report, trading desk QCP Capital claims that the Bitcoin price might be affected by ‘summertime blues.’ In other words, the firm predicts a decline in volatility as institutions and traders exit the market over July and August. Related Reading: Bitcoin Channel Break Below $105,000 Sparks Panic, Analysts Predict Further Crashes QCP Capital claims that there are signs of this sluggishness affecting the market, including BTC’s implied volatility. This indicator is currently sitting below 40%. In addition with a hawkish Fed, the trading desk predicts more dull price action over the coming weeks and caution amongst operators: (…) the Fed held interest rates steady. But its stance remains hawkish. Inflation expectations are still elevated, with tariffs flagged as a key upside risk. The Fed prefers to “wait and see” until there is more clarity on inflation’s path. While some macro watchers expect softening labor and economic data to eventually push the Fed dovish, the current numbers say otherwise. Cover image from ChatGPT, BTC/USD chart from Tradingview
The Bitcoin price continues to decelerate as the crypto market shows signs of weakness due to macroeconomic factors. The top crypto by market capitalization has been testing critical support levels and is at risk of falling deeper into its monthly lows. Related Reading: Bitcoin Could Jump 20% For Every 1% Liquidity Boost: Expert At the time of writing, the Bitcoin price trades around $104,000 recording a 2.5% drop over the past 24 hours. Other cryptocurrencies show greater weaknesses on similar timeframes with Ethereum and XRP displaying a 8% and 4% drop, respectively. Bitcoin price hints at further losses on the daily chart. Source: BTCUSD on Tradingview Bitcoin Price Alert, Key Levels To Watch According to top crypto analyst Daan Crypto, the Bitcoin price has been trading within a narrow window after losing the range high located at $108,385. While the cryptocurrency has been able to withstand the sell-off, the analyst drew important levels to watch. As seen on the chart below, and according to the analyst, the Bitcoin price is likely to stay on its bearish course and potentially touch the mid area of its current range. This price action would put BTC at around $99,600 in the coming days. If buyers can’t hold the sell pressure around this level, then BTC is more than likely to keep bleeding into its range low of $90,000. This bearish price action, the analyst clarified, would become the norm for the rest of June. Key Levels to watch as the Bitcoin price shows weakness on low timeframes. Source: Daan Crypto via X Daan Crypto stated the following regarding the Bitcoin price action: Quick move after that which was obviously “helped” by the headlines although the news was looming already with the past 48 hours of headlines which is also why price started selling of prior. I’ve said it a couple of times before but I’ll say it again. Bulls had no business going back down below $108K and I’m treating this as another deviation and move back into the larger range. This is reason enough for me to be cautious and not add on exposure that was derisked (…). In this context, the analyst advised his followers to wait for clear confirmation that the bull trend is returning if Bitcoin can retake its range high around the previously mentioned level. Otherwise, the best course of action is to remain cautious. Optimism Fades as Bitcoin Aims for Lower On a separate note, trading desk QCP Group noted that the biggest risk for Bitcoin and the crypto market comes from the rising tensions between the US and China, and the growing tensions in the Middle East. Related Reading: Bitcoin Is Just 0.2% Of Global Wealth — And That’s Why It’s Not Too Late: Analyst However, the trading desk pointed at several items to show that there are still good news hinting at a potential recovery in the digital asset market. These included the spike in Ethereum ETFs inflows, the potential launch of a Solana ETF, and GameStop’s plan to offer $1.7 billion in convertible notes to allocate money into Bitcoin as the company looks for “balance sheet diversification.” Cover image ChatGPT, BTC/USD chart from Tradingview
The Bitcoin price is slipping into a critical area following a decline in the previous buying pressure. Many traders and investors in the crypto market wonder if the top crypto will recover as confidence in a new Bull Market barely show signs of a recovery. Related Reading: Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000 Bitcoin price trends to the downside on the daily chart. Source: BTCUSDT on Tradingview Top Bitcoin Pundit: Watch Out For This Level According to Daan Crypto, a senior crypto analyst, the Bitcoin price has weakened due to changes in the macroeconomic arena. In that sense, the analyst believes bull must hold the levels above $99,000 or they risk a bigger decline into the monthly lows sitting at around $90,000, as seen in the chart below. Some of the elements affecting the Bitcoin price on the macro side include a good Consumer Price Index (CPI) print from the US, and a ‘good deal’ between this country and Chinese representatives. These news indicate decline in inflation and potentially an end to trade war between the two giants, respectively. However, the analysis noted: At this point I’m fairly certain that if price breaks either the current monthly high or low, that it will keep trending that direction for the rest of June (and possible beyond). Eyes on those levels. Still quite a volatile and headline driven market currently(…). So markets down on good news is always something to note. Just one day for now but good to be aware of. James Wynn Makes Key Warning – Manipulation in the Bitcoin Price? On similar news, James Wynn, a crypto trader that recently gained notoriety by leveraging millions of dollars to bet on the Bitcoin price, believes the selling pressure will rise on the short timeframe. Wynn has been alerting its X followers on the alleged manipulation of the crypto market by big players. These massive investors, according to the crypto trader, target key levels and push Bitcoin towards them to hunt for liquidity in detriment of retail users. Related Reading: XRP Could Crash To $1.55 Before Explosive Surge, Analyst Warns This time Wynn claims ‘Market Makers’ might push the Bitcoin price down to the $106,000 area. However, the trader believes the downtrend will be short advising his followers of an imminent rebound. Wynn stated via X: Hold onto your seats fellas. The MM’s are gonna try and push $BTC to around $106.8k to take out some over leveraged longs (not me). I learned the hard way. Buy the dip or sit on your hands. It’ll be over quick. Time is ticking. New ATHs around the corner. Don’t be shaken. Whether the downtrend will persist or if prices recover in the short term remains to be seen, but current price action suggests an imminent spike in volatility. Cover image by ChatGPT, BTC/USDT chart from Tradingview
Bitcoin has faced renewed volatility since late May, with the market retracing from recent highs and injecting a fresh dose of uncertainty across the board. While price action has cooled, BTC continues to hold above key levels that bulls are watching closely. The broader sentiment remains fragile, and many investors are on edge, unsure if this is a healthy pause or a setup for deeper downside. Related Reading: Solana Key Indicator Flashes Buy Signal On Daily Chart – Rally Ahead? Analysts are calling for a decisive move above the all-time high to confirm trend continuation, but so far, momentum remains limited. The risk of a further decline still hangs over the market, especially with macro headwinds unresolved and liquidity tight. Top analyst Daan shared a timely technical update, highlighting that both Bitcoin and Ethereum have tested their respective 4-hour 200MA and EMA and bounced. These moving averages are closely watched for short-term trend shifts. The fact that both assets respected them as support could be a subtle but important signal. Still, this bounce needs follow-through. Without a strong push higher, traders may lose conviction, and the window for reclaiming bullish momentum could narrow quickly in the days ahead. Bitcoin Outperforms But Market Risks Loom Bitcoin continues to trade in a tight range just below its all-time high, struggling to break out with conviction but showing clear resilience. Despite repeated attempts from bears, BTC has held above the critical $100,000 psychological level — a key sign of strength as many altcoins lag behind or lose momentum. While some traders remain cautious, Bitcoin’s relative outperformance is beginning to stand out, hinting at the possibility of a decisive move brewing beneath the surface. This strength, however, comes amid rising uncertainty in the broader macro environment. The US economy is entering a more fragile phase, with tightening credit conditions, stubborn inflation, and weakening labor data adding pressure. These developments raise the stakes for risk assets, including Bitcoin, which has historically thrived during expansionary periods but often struggles when liquidity tightens. Daan shared a critical technical update that could help map Bitcoin’s short- and mid-term direction. According to his analysis, both BTC and ETH recently tested their respective 4-hour 200 moving averages (MA) and exponential moving averages (EMA), and successfully bounced from those levels. These indicators are often seen as key dynamic supports during trend formation. If price continues to hold above them, bulls remain in control. But if these levels give way, momentum could flip quickly, opening the door to deeper retracements. For now, the structure still favors the bulls, but the margin for error is shrinking. With Bitcoin holding steady while macro conditions wobble, the next move could set the tone for the rest of the summer. Traders and long-term holders alike should keep an eye on how BTC reacts to these key support zones in the coming days. Related Reading: Ethereum Holds Key Range Support After Pullback – Bulls Eye $3,000 Level Bulls Reclaim Key Levels Bitcoin is showing signs of recovery after bouncing from the $103,600 support zone, as seen in the 4-hour chart. The recent drop to this level was met with strong buying interest, triggering a swift rebound. Price is now consolidating around $105,600, having reclaimed both the 200 EMA ($104,924) and the 200 SMA ($104,816), which had previously acted as dynamic resistance during the pullback. This reclaim is a notable technical development and suggests bulls are regaining short-term control. Volume spikes during the bounce add weight to the move, while shorter-term moving averages like the 34 EMA and 50 SMA are now sloping upward, further supporting the bullish case. Still, BTC must break decisively above $106,600 — a recent lower high — to confirm a shift in trend structure. Related Reading: Bitcoin Sees Largest Net Taker Volume Drop Of 2025 – Traders React To Trump-Elon Clash Above that, the $109,300 resistance stands as the final barrier before retesting all-time highs. On the downside, holding $103,600 remains critical. Losing that level would invalidate the current bounce and open the door to a deeper correction below $100,000. Featured image from Dall-E, chart from TradingView
Bitcoin has reclaimed the $90,000 mark, fueling renewed optimism across the crypto market. With sentiment shifting and bullish calls returning, many investors are once again eyeing a move toward six figures. However, not everything is as it seems beneath the surface. Despite the impressive price surge, risks remain, particularly as global tensions between the United States and China escalate. The ongoing trade war and geopolitical friction are injecting volatility into markets, creating a fragile backdrop for risk assets like Bitcoin. Related Reading: Ethereum Forms ‘A Huge Inverse Head & Shoulders’ – $20K Target In Sight? Top analyst Maartunn shared a stark view of the current state of the Bitcoin network, revealing on-chain metrics that paint a different picture. According to his analysis, the latest move higher is primarily driven by leverage and derivatives rather than strong organic demand. He noted that the Bitcoin network is, in his words, “a ghost town,” with very little new activity or visible inflows from real users. This disconnect between price and on-chain fundamentals suggests that the current rally may lack sustainability. As such, investors should approach the next phase of Bitcoin’s price action with caution, especially if macroeconomic conditions worsen or derivative positions begin to unwind. Bitcoin Faces Resistance: On-Chain Activity Lags Behind Bitcoin is now facing critical resistance as bulls attempt to reclaim the $95,000 level, a zone that could define short-term momentum. The recent breakout above the $88,600 resistance marked a key shift in market sentiment, with bulls taking control and pushing price action into a new range. However, to maintain this momentum, sustained demand will be essential. Analysts warn that a healthy retracement may occur before the next leg up, especially considering current market conditions. Volatility and uncertainty continue to dominate the landscape, with fear still lingering despite the recent rally. Much of this caution stems from ongoing global tensions and the unstable macro environment that has unfolded since US President Donald Trump’s re-election in November 2024. With tariffs rising and trade negotiations with China growing increasingly tense, investors remain hesitant to commit fully to risk assets. Top analyst Maartunn shared a sobering on-chain analysis on X, highlighting a disconnect between Bitcoin’s price action and network activity. According to his findings, the recent surge is largely driven by ETF flows and rising open interest in the derivatives market—factors that often precede a reversal rather than a sustainable rally. Maartunn describes the current state of the Bitcoin network as a “ghost-town,” noting a lack of new visible on-chain demand. This divergence between price and network fundamentals raises questions about the sustainability of the current move. For Bitcoin to push convincingly past $95K and set up a run toward $100K, stronger spot demand and an uptick in real user activity will likely be necessary. Until then, traders should remain cautious and watch key support levels closely. Related Reading: Bitcoin Reclaims Key Levels – New ATHs May Be Closer Than Expected Price Action Details: $95K In Sight Bitcoin is trading at $93,600 after several days of bullish price action that saw it reclaim key resistance levels. The price has now entered a consolidation phase around the $93K level, as bulls prepare for a potential breakout toward $95K. A sustained move above that mark would open the door for a push toward the highly anticipated $100K milestone, signaling renewed strength across the crypto market. However, the path forward remains uncertain. While short-term sentiment appears optimistic, Bitcoin must hold above the $90K support level to maintain bullish structure. A failure to do so could trigger a drop back toward the 200-day moving average near $88K—a level that has served as a key pivot for market structure over the past months. Related Reading: HBAR Breaks Above Massive Falling Wedge – Expert Sets $0.38 Target This zone is being closely watched by both traders and long-term holders, as a breakdown below $90K would likely undermine the current recovery momentum. As consolidation continues, the next few sessions will be critical in determining whether BTC has enough strength to break higher or if a short-term correction is in store. For now, all eyes are on $95K as the next hurdle in Bitcoin’s push to reclaim market dominance. Featured image from Dall-E, chart from TradingView
Bitcoin is facing a crucial test as it struggles to break above key resistance levels while holding just above critical support. The market remains stuck in a tight range, reflecting growing indecisiveness among traders and investors. Uncertainty has become the new normal, with macro conditions and political developments continuing to cloud sentiment. Related Reading: Whales Dump 760,000 Ethereum in Two Weeks — Is More Selling Ahead? US President Donald Trump has added further volatility to the mix, unsettling financial markets with unpredictable policies and newly imposed tariffs. His erratic behavior has only intensified the fragile mood, pushing risk assets like Bitcoin into deeper consolidation. Despite brief rallies, Bitcoin has once again failed to break above descending resistance, according to crypto analyst Carl Runefelt. This rejection, paired with declining trading volume, is a sign that buyers may be losing strength. Runefelt warns that if volume continues to dry up and BTC remains stuck below key levels, the bearish target of $78,600 remains a strong possibility. While bulls are defending support zones for now, the lack of momentum is raising red flags. Unless Bitcoin can reclaim higher ground soon, the odds of a deeper correction will continue to grow — making the coming days crucial for determining the market’s next direction. Bitcoin Down 25% from January ATH As Bears Tighten Grip Bitcoin is now down 25% from its January all-time high, and bulls are struggling to regain control. After repeated attempts to reverse the trend, BTC continues to hold above the $81,000 level — a key support zone — but has failed to reclaim the $86,000 mark, which is necessary to confirm any serious recovery. The inability to push higher has weakened market confidence, and bulls now find themselves in a difficult position. Macroeconomic uncertainty and fears surrounding escalating trade wars, especially under U.S. President Donald Trump’s unpredictable policies, have added to market volatility. These factors continue to favor the bears, and the pressure on high-risk assets like Bitcoin remains intense. With broader financial markets under stress, bullish sentiment in the crypto space is fading quickly. Panic is beginning to set in for some investors as selling pressure shows no sign of slowing. However, there’s still a sliver of optimism among market watchers who believe that a bounce could follow once key resistance levels are reclaimed. Runefelt recently shared insights pointing to BTC’s failure to break above descending resistance — a bearish sign. He also noted that trading volume continues to decline, a sign that market participation is thinning out. This lack of volume often precedes large moves, and in this case, the bearish target of $78,600 remains firmly on the table if bulls fail to reclaim momentum. For now, the market remains on edge. Bitcoin’s ability to hold above $81K and attempt a move past $86K will be critical in determining whether a recovery is possible — or if the next leg down is about to begin. Related Reading: Chainlink Consolidates In Triangle Pattern – Is A 35% Breakout Imminent? Technical Details: Key Levels To Hold Bitcoin is currently trading at $83,500 after several days of choppy, volatile price action that has left traders uncertain about the market’s next direction. The recent swings between key levels have highlighted the indecision among both bulls and bears, with neither side able to take full control. For bulls, the immediate challenge is to reclaim the $85,000 level, which aligns with the 4-hour 200-day moving average (MA). A successful move above this mark would be an encouraging signal of short-term strength. Beyond that, the next key level is $86,000, which is where the 4-hour exponential moving average (EMA) sits. Reclaiming this zone would help shift momentum back in favor of the bulls and potentially set the stage for a recovery attempt toward $90,000. Related Reading: Whales Offload 200M Cardano During March – The Start Of A Trend? However, the most critical level in the short term is support at $81,000. This price zone has acted as a strong floor in recent weeks, and losing it would likely trigger further downside pressure. As macro uncertainty and market-wide volatility continue, bulls must defend this support while working to reclaim the MAs above. The coming sessions will be crucial in defining whether Bitcoin can recover—or slide deeper into correction territory. Featured image from Dall-E, chart from TradingView
The Bitcoin price is currently down more than -22% from its all-time, displaying a series of lower highs on the daily timeframe. While the weekly and monthly time bullish, the calls for the beginning of the Bitcoin bear market are growing louder on X. Two prominent analysts have weighed in on what they believe could be the deciding factor for an extended rally—or a deeper downturn. Bitcoin Bull Run In Jeopardy Crypto analyst Charting Guy, posting under the handle @ChartingGuy, shared a chart that places strong emphasis on the $95,000 price point for Bitcoin, noting: “yes i will flip back to fully bullish […] for that to happen BTC needs to reclaim and hold $95k, which he has stated many times […] it’s the level that was prior support for majority of February, then we rejected from it hard on March 2nd and turned it to resistance […] now, with $76.7k on March 11th being the very likely local low, we pull a fib and $95k just happens to perfectly be the 0.618 fib. you cannot make this up.” According to his analysis, the 0.618 Fibonacci retracement—often called the “golden pocket”—looms large as a definitive test of bullish strength. Failing to break above and flip this zone into support, Charting Guy cautions, could lead to an extended bearish phase. Related Reading: Bitcoin Stays Down, But Whale Wallets Quietly Climb to 4-Month High He further explained that Bitcoin (BTC) and equities, such as the S&P 500 (SPY), must navigate their respective golden pockets before any real, sustained rally can begin: “if crypto and stocks can’t reclaim the golden pocket and flip it to support, and end up rejecting there instead, then i am bearish on BTC & stocks for a while.” Nevertheless, Charting Guy sees potential for a bull run in April through June: “April – June shall be bullish af imo […] BUT that extension into June is only if May is strong and not a sell in May and go away type of month […] what will determine that? how BTC & SPY both react at their respective golden pockets when they get there on this April relief rally.” If these technical barriers prove insurmountable, Charting Guy says he will exit his positions: “if this purely is just a relief rally and the charts look toppy again when we’re back at these levels late April/early May, then i will be OUT of this market.” Another crypto analyst, @wauwda, has taken a more cautious stance, noting several bearish signals for both Bitcoin and the S&P 500: “Every indicator is getting bearish on the HTF for BTC & SPX: Bearish Stochastic RSI cross, Bearish MACD cross, Bearish divergence RSI, MSTR lower high, Altcoins higher high … Ultimate Bull Trap.” Related Reading: Saylor’s Strategy Adds $1.9 Billion Worth Of Bitcoin To Growing Portfolio While Wauwda anticipates a relief rally—citing the potential for a bounce due to extreme bearish sentiment—he points out parallels with 2021. He lists a series of events he deems indicative of market-wide euphoria, including high-profile celebrity endorsements, big corporate plays, and meme-driven hype: “’We didn’t have euphoria yet’ … Are you sure? Founder Tron buys banana for $6.2M and eats it, Coinbase gives free bitcoin to every person at the warriors game, Department of Government Efficiency (DOGE), Teens are getting crypto courses on school, People are flexing on yachts, Doge is worth more than General Motors, Bank of New York Melon, Peter Schiff created his own Strategic Bitcoin Reserve. This is just a tiny part of what I wrote down.” Despite acknowledging that this cycle’s euphoria might look different from previous ones, Wauwda notes that similar warning signs appeared ahead of the 2021 market top. He also points to ETH/BTC and Bitcoin Dominance (BTCD) as factors to watch, though both have shown volatile, oscillating patterns rather than a clear trend: “The thing I’m struggling with though right now is ETHBTC and BTCD since they both have been up and down only, but maybe that will change with the next leg up.” At press time, BTC traded at $84,206. Featured image created with DALL.E, chart from TradingView.com
The crypto market continues to evolve as shifts in market capitalization among major digital assets reflect both investor sentiment and fundamental developments. A recent analysis from CryptoQuant provides a closer look at how top crypto have performed in terms of market cap and drawdowns over the past several months. Related Reading: Bitcoin Breaks Daily RSI Downtrend, But Analyst Warns Of Strong Resistance Ahead BNB, XRP, and Ethereum Show Diverging Trends One of the most notable shifts has been Binance Coin (BNB) reclaiming its position as the fifth-largest cryptocurrency by market capitalization. BNB’s market cap rose to approximately $92 billion, surpassing Solana (SOL), which now sits at $74 billion. This shift follows a strong rally in SOL during late 2024, largely fueled by growth in its meme coin ecosystem. However, the attention of speculative activity appears to have transitioned toward the BNB Chain, where similar crypto ecosystem momentum has helped support its recovery. Another significant market cap development involves XRP. According to CryptoQuant, XRP’s market capitalization increased substantially following the 2024 US presidential election. Market Cap Evolution of Top Cryptocurrencies BNB and Bitcoin are currently experiencing the lowest drawdowns among this group, each down approximately 20% from their all-time highs, indicating relatively strong price performance and resilience. pic.twitter.com/dW3tXlvSMG — CryptoQuant.com (@cryptoquant_com) March 27, 2025 From a valuation of $30 billion in early November, XRP’s market cap climbed to $141 billion by March 2025. The timing of this rise appears to align with the outcome of the US election, which some believe could potentially influence regulatory sentiment around crypto assets. In contrast, Ethereum (ETH) has faced a more challenging trajectory. After peaking in late 2024, ETH’s market capitalization declined by 50% to around $240 billion as of March 2025. This sharp drop highlights the current volatility in the altcoin market and raises questions about Ethereum’s ability to maintain its prior valuation levels amid shifting macro and sector-specific factors. Crypto Price Resilience and Drawdown Metrics CryptoQuant’s report also evaluated drawdowns—the decline from an asset’s all-time high—as a measure of relative performance. Bitcoin (BTC) and BNB emerged as the most resilient assets among the group, each down approximately 20% from their respective all-time highs. BNB’s stability has been linked to its continued utility within the Binance ecosystem, including usage for transaction fees and platform-related activities. Meanwhile, ETH and SOL have struggled to recover from deeper drawdowns. Both assets are currently more than 50% below their previous peaks, highlighting higher levels of volatility and reduced investor momentum. Related Reading: Solana Tags Upper Bollinger Band For First Time Since ATH — Is Momentum Returning? Although XRP has seen a rise in market capitalization, its price still reflects a drawdown of roughly 36%, indicating that much of the new capital inflow has yet to translate into price recovery. Featured image created with DALL-E, Chart from TradingView
Bitcoin has maintained its upward trajectory so far this week, with the asset reclaiming and holding above the $85,000 mark. This performance reflects a weekly gain of approximately 4.7%, indicating a possible shift in momentum after weeks of sideways and bearish activity. While short-term gains have been recorded, signs that might determine Bitcoin’s next major move appear to have emerged. Particularly, a renewed analysis of market health and investor behavior has accompanied the current price action of BTC. On-chain metrics and sentiment indicators are being used to assess whether the current recovery signals a continuation of the bull cycle or if the market may be transitioning into a new phase. One such framework recently shared by CryptoQuant contributor Woominkyu offers a broader view of Bitcoin’s positioning using the Bitcoin Combined Market Index (BCMI). Related Reading: Bitcoin Rally To $95K? Market Greed Suggests It’s Possible Assessing Market Health Through BCMI Metrics According to Woominkyu, the BCMI provides a comprehensive overview of Bitcoin’s market condition by aggregating four core metrics: MVRV (30%), NUPL (25%), SOPR (25%), and the Fear & Greed Index (20%). Each component reflects key aspects of network valuation, investor sentiment, realized gains/losses, and emotional market trends. The index assigns weightings to each metric and calculates a combined score, which can indicate whether the market is overheated or undervalued. Historically, a BCMI score below 0.15 is associated with extreme fear and potential buying opportunities, while scores above 0.75 often precede market tops or sharp corrections. At present, the BCMI remains below the 0.5 level, suggesting that Bitcoin has not yet entered the overheated zone. Woominkyu suggests two possible scenarios: the market is either undergoing a normal correction within an ongoing bull cycle, or it is showing early signs of an atypical transition into a bearish phase. The moment of decision for Bitcoin “During this current market cycle, BCMI hasn’t yet reached the typical ‘overheated’ zone (above 0.75). It’s currently hovering below 0.5, suggesting we’re at a crucial market juncture.” – By @Woo_Minkyu Read more ⤵️https://t.co/sfyunRuWbh pic.twitter.com/he77VS98t7 — CryptoQuant.com (@cryptoquant_com) March 26, 2025 Key Thresholds to Watch in Bitcoin The analyst points to the importance of monitoring the 7-day and 90-day moving averages of the BCMI for clearer direction. Related Reading: Now Is The Best Time To Buy Bitcoin, Says Investment Giant Should the index begin to trend upward, it may signal renewed momentum and a potential return to higher price levels. Conversely, a sustained decline could confirm a broader trend reversal. Meanwhile, IntoTheBlock has recently shared resistance zones of BTC identified onchain. The market intelligence platform particularly emphasizes the $97.400 level noting that this is “where roughly 1.44 million BTC are currently holding at a loss,” therefore should BTC price hit that point we could see a pullback. Is Bitcoin on its way to test its highs? The red bubbles in this chart highlight levels where underwater investors could sell as they break even, especially if uncertainty persists. A key zone is around $97.4k, where roughly 1.44 million BTC are currently holding at a loss. pic.twitter.com/LKaDBen7cU — IntoTheBlock (@intotheblock) March 24, 2025 Featured image created with DALL-E, Chart from TradingViiew
Bitcoin has maintained its upward momentum since the week started, signaling renewed interest and optimism in the market. The asset reclaimed the $88,000 price level on Monday and continues to trade above this zone, marking a nearly 10% rise in value over the past seven days. The steady price recovery comes after weeks of retracement, during which Bitcoin experienced considerable selling pressure and fell from previous highs. Related Reading: Bitcoin Under Threat? Analyst Explores Two Bearish Black Swan Scenarios to Watch On-Chain Resistance Zones Identified IntoTheBlock, an on-chain analytics platform, provided insights on whether Bitcoin could be on track to retest its all-time high. The firm highlighted several key resistance ranges that may impact Bitcoin’s price action in the near term. These include the $88,355.91 to $90,920.05, $90,920.05 to $93,591.02, $93,591.02 to $96,262.00, $96,262.00 to $98,932.97, and $98,932.97 to $101,603.95 levels—zones where many addresses are currently holding Bitcoin at a loss. Is Bitcoin on its way to test its highs? The red bubbles in this chart highlight levels where underwater investors could sell as they break even, especially if uncertainty persists. A key zone is around $97.4k, where roughly 1.44 million BTC are currently holding at a loss. pic.twitter.com/LKaDBen7cU — IntoTheBlock (@intotheblock) March 24, 2025 Notably, around the $97.4K level alone, approximately 1.44 million BTC are held by investors in unrealized loss positions, which could introduce selling pressure as prices recover. Despite the resistance ahead, other on-chain activity shows signs of investor confidence. According to IntoTheBlock, Bitcoin saw over $220 million in net outflows from centralized exchanges in the past 24 hours. Over the past week, total outflows have exceeded $424 million, often interpreted as a sign of investors moving assets into cold storage rather than preparing to sell. Meanwhile, crypto analyst Burak Kesmeci noted that Bitcoin’s 30-day volatility index has surged to 52.31 points—its highest level in the past six months. The spike in volatility coincides with anticipation around the US Core PCE report expected Friday, a macroeconomic event that could introduce further price swings. Technical Outlook On Bitcoin From a technical perspective, analysts remain divided. Crypto analyst Ali pointed out that Bitcoin is approaching a key resistance zone around $89,000, where the 50-day moving average intersects with a descending trendline drawn from the January all-time high. The outcome at this level may influence the direction of the next major move. On the other hand, analyst Javon Marks highlighted what he described as a potential breakout pattern forming on Bitcoin’s chart. BREAKOUT ALERT on Bitcoin and the last breakout after similar action led into one of the most powerful and FASTEST bullish moves so far this entire cycle!$BTC can be ready to deliver another powerful and speedy run to new All Time Highs… https://t.co/tchC9wsLFl pic.twitter.com/QKbDAUV88l — JAVON⚡️MARKS (@JavonTM1) March 25, 2025 He pointed to a previous breakout that triggered one of the fastest rallies in the current cycle and noted similar technical behavior emerging again. Marks believes that if momentum continues, Bitcoin could be positioning itself for another rapid climb toward new record highs. Featured image created with DALL-E, Chart from TradingView
Bitcoin (BTC) is experiencing a notable price recovery, reclaiming the $85,000 level after a 4.3% increase in the past 24 hours. This rebound has sparked renewed optimism among investors, who are now looking for signs of further momentum in the market. However, while Bitcoin is showing signs of a potential uptrend, on-chain data suggests that market demand remains weak, which could impact the sustainability of this rally. Related Reading: Bitcoin & Altcoin Volume Fades—Investor Exhaustion Setting In? Bitcoin Demand Drops Despite Price Recovery Recent on-chain analysis by CryptoQuant analyst Darkfost has revealed that Bitcoin’s current demand is at its weakest level of the year. His research highlights a key supply-demand ratio, showing a steady decline in Bitcoin accumulation since December 2024. This lack of demand, coupled with ongoing economic and political uncertainty, may indicate that investors are exercising caution before making larger commitments. According to Darkfost’s analysis, Bitcoin demand is measured by comparing new supply entering the market to the supply that has remained inactive for over a year. When this ratio falls below zero, it indicates that fewer BTC are being actively accumulated, which can signal a negative demand shift. The weakest Bitcoin demand of the year “Demand has been weakening since December and continues to decline over time. This suggests that investors are becoming more cautious and may be shifting toward less risky assets.” – By @Darkfost_Coc Read more ????https://t.co/0aw9CEFHPe pic.twitter.com/NRqS1k6t3g — CryptoQuant.com (@cryptoquant_com) March 14, 2025 His findings suggest that investor interest in Bitcoin has been weakening for months, despite short-term price movements suggesting otherwise. The decline in demand aligns with broader economic uncertainties and geopolitical tensions. Investors appear to be moving towards less volatile assets, which could explain the gradual slowdown in Bitcoin’s accumulation rate, Darkfost reveals. While this does not necessarily signal a bearish outlook, it does suggest that market conditions remain fragile, and Bitcoin’s price action may be highly reactive to upcoming economic events. Key Levels and BTC Predictions Despite the concerns surrounding weaker demand, analysts remain optimistic about Bitcoin’s long-term trajectory. Javon Marks, a widely followed crypto analyst, has shared a Bitcoin price target of over $500,000. This pattern confirmation on Bitcoin suggests to get ready for All Time Highs to return because strength is still underlying in prices despite the pullbacks! A massive +36% recovery, pre-continuation, and based on the previous setup, the continuation can be massive.$BTC https://t.co/Rrlh2QHMpK pic.twitter.com/1bj1T8IJHG — JAVON⚡️MARKS (@JavonTM1) March 13, 2025 He pointed out that historical price structures indicate the possibility of a major bull phase, suggesting that BTC may be approaching its strongest bullish period yet. Additionally, another analyst, Ali, highlighted Bitcoin’s recent ascending triangle formation, a pattern that typically signals a breakout opportunity. Related Reading: Bitcoin Investors Shift To Strong Distribution As Demand Fades, Glassnode Reveals In his analysis, Ali noted that if BTC were to break past the $84,000 resistance level, a 9% price surge could follow. As of now, BTC has already surpassed this critical level, raising the possibility of an extended rally if buying pressure sustains. Featured image created with DALL-E, Chart from TradingView
Bitcoin (BTC) continues to face massive selling pressure, with prices dropping below the $85,000 mark, marking a 12% decline since last Friday. The recent downturn has fueled panic selling and heightened fear, leading many investors to speculate about the potential start of a bear market. As uncertainty grips the market, traders remain cautious about Bitcoin’s next major move. Related Reading: Cardano Bulls Eye $10 Target – Analyst Reveals Key Levels To Break However, despite the ongoing sell-off, key on-chain data from CryptoQuant suggests that Bitcoin could be setting up for a recovery rally. The Cumulative Value Days Destroyed (CVDD) indicator, a metric that tracks long-term holder behavior and capital inflows, suggests that BTC could soon enter a new uptrend. If Bitcoin stabilizes and reclaims key support levels, it could pave the way for a rally toward a new all-time high of $128,000. With Bitcoin at a critical inflection point, the next few trading sessions will be crucial in determining whether BTC can regain momentum or if further downside is ahead. Investors are now closely watching whether selling pressure continues or if long-term holders step in to accumulate, signaling a potential market rebound. Bitcoin Insights Give Hope To Bulls Bitcoin is at a critical juncture, facing a serious risk of continued correction as bearish sentiment grips the market. Many analysts now believe that the Bitcoin bull cycle may be over, as BTC struggles below $85,000 while barely holding above $80,000. With selling pressure intensifying, investors are expecting another leg down, potentially pushing BTC into lower demand zones. Despite the negative outlook, some analysts argue that a recovery is still possible if Bitcoin can reclaim key levels. Top analyst Ali Martinez shared insights on X, stating that if BTC reclaims $84,000 as support, it could open the path toward a rally to a new all-time high of $128,000. This suggests that while the market remains fragile, there is still potential for Bitcoin to regain strength if bulls step in at critical price points. The coming weeks will be crucial in determining the strength or weakness of this cycle. If BTC continues to struggle below key resistance levels, a deeper correction could follow, reinforcing bearish sentiment. However, if bulls manage to push BTC back above $84K, it would indicate a shift in momentum, potentially reigniting the uptrend. Related Reading: Ethereum Breaks Out Of Descending Triangle Pattern – Fakeout Or Recovery Rally? With uncertainty dominating the market, traders are closely watching BTC’s next move, as its ability to hold or reclaim support levels will determine whether this cycle is truly over or if another rally is still on the horizon. BTC Struggling Below $85K Bitcoin has faced massive selling pressure, with the most significant drop occurring on Sunday, when the price plunged from $86,000 to $80,000, marking a 7% decline in just hours. This sharp downturn has fueled panic selling as investors remain uncertain about Bitcoin’s short-term direction. For bulls to regain control, BTC must reclaim the $86,000 level and push above $90,000 to confirm a potential recovery rally. A strong move past these key resistance levels could restore confidence in the market, signaling that Bitcoin’s correction phase might be nearing its end. However, failure to break above $86K could keep Bitcoin under bearish control, increasing the risk of another leg down. If BTC drops below $80,000, it could test the $78,000 low, a level that, if breached, may lead to further downside pressure. Related Reading: 330,000 Ethereum Withdrawn From Exchanges In 72 Hours – Supply Squeeze Incoming? With Bitcoin at a critical turning point, the next few trading sessions will determine whether bulls can reclaim key levels or if bears will continue to dominate the market, pushing BTC into deeper correction territory. Featured image from Dall-E, chart from TradingView
Bitcoin’s price continues to move between bullish and bearish territory, reflecting ongoing uncertainty in the market. After reaching $94,000 earlier this week, the cryptocurrency has since retreated below $90,000, marking an approximately 18% drop from its all-time high (ATH) of $109,000 recorded in January. This latest pullback highlights the shifting sentiment among investors and the increasing influence of large holders, or whales, in the market. Related Reading: Bitcoin Enters ‘Optimism Stage’—Is a Massive Rally About to Begin? Whales Are Finally Back, Data Shows CryptoQuant analyst Darkfost has identified a notable trend in Bitcoin whale behavior, revealing that these influential market participants had been reducing their holdings for over a month, marking the longest period of net decline in the past year. However, recent data indicates that whales are beginning to increase their Bitcoin holdings again, shifting the monthly percentage change into positive territory. If this trend continues, it could signal a potential return of bullish momentum, as previous instances of whale accumulation have often preceded upward price movements. According to Darkfost’s analysis, whales play a crucial role in shaping Bitcoin’s price direction due to the sheer volume of BTC they control. ????Whales are finally back. Whales have been reducing their holdings for over a month now, marking the longest period of net decline over the past year. However, their behavior has recently shifted, as whales began increasing their holdings again, pushing the monthly percentage… pic.twitter.com/SA8Ww9CEsH — Darkfost (@Darkfost_Coc) March 6, 2025 Their renewed accumulation suggests confidence in the asset’s long-term value. Historically, increased whale buying activity has coincided with periods of price stability or growth, making this a key indicator for traders and investors. Coinciding With US Bitcoin Reserve Plans The resurgence of whale interest in BTC coincides with reports of US President Donald Trump signing an executive order to establish a strategic Bitcoin reserve. CryptoQuant analyst Maartuun has provided insights into this development, suggesting that the United States could officially become a long-term holder of Bitcoin. The reserve may be funded using seized BTC, which currently stands at 188,898 BTC, valued at approximately $18.14 billion. If implemented, this move could significantly reduce selling pressure in the market, as these holdings would be secured rather than liquidated. In addition to securing its existing Bitcoin holdings, reports suggest that the US government may consider purchasing additional BTC. Maartuun citing Bloomberg disclosed that this initiative could lead to an expansion of the strategic BTC reserve, reinforcing Bitcoin’s status as a long-term asset for institutional and sovereign investors. According to Maartuun, if these reports materialize, it could introduce a new dynamic to Bitcoin’s supply and demand, potentially influencing its price trajectory. Featured image created with DALL-E, Chart from TradingView
In a newly published chart, Elliott Wave specialist and crypto analyst Big Mike (@Michael_EWpro) outlines a precise roadmap for Bitcoin’s price action, indicating that a break above $95,000—or a bounce from lower support near $72,895—could propel BTC toward the $130,000–$140,000 region. His analysis builds on detailed wave counts, multiple Fibonacci extension targets, and critical moving averages, offering a granular look at the BTC’s near- and mid-term possibilities. What’s Next For Bitcoin? Big Mike’s chart displays a complex Elliott Wave structure consisting of five main impulse waves and interspersed corrective sub-waves. A key area labeled near $72,895 corresponds to wave (c)(iv), representing a major potential bottom if the market breaks below $78,000 and continues lower. Notable corrective waves around $85,000 to $95,000 appear to have formed a larger consolidation phase, which he regards as a precursor to the next directional move. The chart also pinpoints an upside pathway from roughly $95,000, projecting impulse waves (3), (4), and (5) that extend into the $100,000–$140,000 zone. Related Reading: Historic Bitcoin Buy Signal: DXY’s Collapse Signals A Bigger Bull Run Fibonacci extension targets appear at approximately $114,693 (1.618 extension) which could be the target for wave (3), followed by a corrective move to $102,000 before starting wave 5 which aims for $137,727 (2.618 extension), or even a final leg near $150,000 aligns with wave c(3). Moving averages in the $72,000–$90,000 range underscore the significance of support near $78,000–$72,895, while an upper band around $90,000–$95,000 represents a crucial resistance corridor. The analyst observes a descending wedge formation from mid-February to early March, spanning $95,000 down to $85,000, and notes that an upside breakout could herald a renewed push into six-figure territory. Related Reading: This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says Volume profiles indicate subdued participation during recent corrective phases, alongside a neutral Stochastic RSI reading that suggests momentum could shift decisively depending on which price threshold gives way first. Big Mike emphasizes two critical lines in the sand: “BTC above $95k will trigger the move quickly towards my target of $130-$140k. Below $78k and we test $72k, then run to $140k.” From his perspective, both a direct break above $95,000 and a deeper dip to $72,895 ultimately converge on the same upside target near $130,000–$140,000. At press time, BTC traded at $90,053. Featured image created with DALL.E, chart from TradingView.com
Bitcoin has regained momentum following a period of decline, with its price now trading at $87,992, reflecting a 6.9% increase in the past 24 hours. The recent price movement has drawn attention to shifting supply dynamics, particularly between short-term holders (STH) and long-term holders (LTH). This trend, analyzed by CryptoQuant contributor XBTManager, provides insights into Bitcoin’s current market cycle and what could come next. Related Reading: Crypto Markets Are Misreading Trump’s Strategic Reserve, Says Bitwise CIO Short-Term vs. Long-Term Holders: A Market Balancing Act According to XBTManager, Bitcoin’s all-time high (ATH) has triggered an increase in STH supply while LTH supply declines. This transition typically signals a market shift, as long-term holders begin selling their assets while short-term traders accumulate. This dynamic has historically played a role in determining peak levels, as increased activity from short-term holders suggests heightened speculative interest. XBTManager explains that analyzing who is buying and selling Bitcoin is crucial in identifying market trends. As long-term holders sell their BTC, the supply moves into the hands of short-term traders, who often react more quickly to price fluctuations. This shift indicates that Bitcoin may be in a pullback phase following its recent ATH, leading to a potential period of price consolidation. Additionally, institutional buyers and ETFs have continued to accumulate Bitcoin, behaving similarly to short-term holders during this phase. MicroStrategy (MSTR), a major corporate Bitcoin investor, has also followed retail buying patterns. While institutional inflows support Bitcoin’s price, XBTManager warns that a prolonged consolidation period is possible due to liquidity demands. The analyst suggests that once STH begins selling and LTH starts accumulating again, the market may stabilize, creating a more favorable environment for long positions. What’s Next for Bitcoin? While Bitcoin’s supply shift suggests a cooling-off phase, market participants are watching for signs of a potential trend reversal. A report from CryptoQuant highlights that real spot demand has been declining, meaning that despite recent price gains, sustained upward momentum may be difficult unless demand returns. Additionally, IntoTheBlock recently revealed a surge in active Bitcoin addresses following last week’s price drop. This increase suggests heightened on-chain activity, often seen in periods of market transition. Whether this signals a renewed accumulation phase or continued volatility remains to be seen. Last week’s drop triggered a surge in active addresses, pushing the daily average to its highest level since December, when Bitcoin surpassed $100k. This uptick in on-chain activity coincided with an increase in zero-balance addresses, indicating capitulation. pic.twitter.com/eiESdiwERN — IntoTheBlock (@intotheblock) March 4, 2025 For now, supply trends, ETF inflows, and liquidity conditions are worth monitoring to assess Bitcoin’s next move. If long-term holders re-enter the market and demand recovers, Bitcoin could see renewed upward momentum. Related Reading: Bitcoin Crashes After $94K Surge—Key Market Signals Reveal What’s Coming Next However, until those conditions align, XBTManager suggests that caution is necessary, particularly for high-risk trades in the current environment. Featured image created with DALL-E, Chart from TradingView
Bitcoin and the broader cryptocurrency market have shown strong recovery, with Bitcoin surpassing $93,000 earlier today after an increase of nearly 10% in the past 24 hours. The surge follows the announcement of a US crypto strategic reserve, which is expected to include major digital assets such as BTC, ETH, SOL, XRP, and ADA. The news has fueled optimism in the market, pushing Bitcoin back above the $90,000 level. As Bitcoin’s price movement gains momentum, analysts appear to have been closely examining the ongoing correction phase within the current bullish cycle. Related Reading: Bitcoin Reclaims Key Levels And Faces Resistance At $97K – Can It Break $100K This Week? CryptoQuant analyst Grizzly has shared insights into Bitcoin’s historical price behavior, suggesting that the asset may be repeating past patterns that preceded significant rallies. If these trends hold, BTC could be positioning itself for a major breakout in the coming months. BTC’s Historical Price Patterns and Market Outlook According to Grizzly, Bitcoin is currently in its third corrective phase within the bullish cycle that began in early 2023. This pattern has been observed using the UTXO Age Bands—a metric tracking how long BTC remains unmoved in wallets. Similar corrective phases took place in the summers of 2023 and 2024, each lasting around six months. During these periods, BTC experienced resistance before eventually breaking out into new price highs. Grizzly revealed that if this trend continues, BTC may remain in a consolidation phase for another two to three months, fluctuating between $80,000 and $100,000. A breakout beyond $100,000 could mark the end of the correction and potentially push BTC toward $130,000, as historical data suggests. The CryptoQuant analyst noted: Market participants should closely watch the structural dynamics of the premium bands, as a confirmed break above resistance could signal the next parabolic leg of Bitcoin’s bull market. Bitcoin’s Path to $100K: What Market Indicators Suggest Another CryptoQuant analyst, OnChainSchool, has provided further insights into BTC’s potential price movement beyond $100,000. The analyst highlights the MVRV Z-Score, a metric that tracks Bitcoin’s valuation in comparison to its historical fair value. According to the analyst. the current cooldown in the MVRV Z-Score indicates that Bitcoin could soon enter a rapid upward trajectory, similar to the price action observed in early 2024 when BTC surged past $72,000 to new all-time highs. However, unlike past cycles, the market appears to be moving at a faster pace, potentially influenced by the evolving political landscape in the US. Related Reading: Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner? With increasing attention on cryptocurrency from policymakers and institutional investors, there is a likelihood that BTC could break past its previous all-time high sooner than expected. Whether this acceleration will be sustained depends on multiple factors, including regulatory developments, macroeconomic conditions, and continued market demand for Bitcoin as a hedge asset. Featured image created with DALL-E, Chart from TradingView
Bitcoin surged past $95,000 during low-liquidity trading hours on Sunday after US President Donald Trump made a major announcement. The formation of a US Crypto Strategic Reserve, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), set the market ablaze with speculation. Many traders viewed this as a defining moment, one that could solidify crypto’s place in the U.S. financial system, while others remained wary, questioning whether the rally could sustain itself beyond the immediate reaction. Among those skeptical is QCP Capital. A Well-Timed Political Bitcoin Play? The timing of Trump’s announcement is difficult to ignore. Throughout the past week, risk assets faced mounting pressure as global markets reacted negatively to a series of economic and geopolitical developments. Trump’s newly imposed tariffs rattled investor confidence, while shaky Ukraine-Russia peace talks created additional uncertainty. Stock market volatility intensified, weighing heavily on sentiment across the financial sector. Related Reading: Bitcoin STH Average Cost Basis At $90,950 — Why Is It Relevant? Bitcoin broke below its multi-month range, showing signs of weakness before Trump’s announcement. The sudden announcement was a stark contrast to the downward trajectory risk assets had been following. QCP Capital highlighted the political strategy behind the move: “For a president who thrives on being the market’s hero, last week’s risk asset performance performance was anything but inspiring. His slew of new tariffs and shakier than expected Ukraine-Russia peace talks rattled investor confidence. So, while the timing of the SBR was somewhat unexpected, the political calculus was clear — Trump needed a win before his approval ratings starts slipping, a metric he likely takes very personally.” However, questions remain as to whether this move represents a genuine shift in policy toward long-term crypto adoption or simply a well-timed announcement aimed at stabilizing sentiment before further economic strain emerges. While Bitcoin’s rapid ascent over the weekend excited traders, QCP Capital remains unconvinced that this rally represents a meaningful breakout. The firm pointed to several key market signals that indicate Bitcoin is not yet out of the woods. QCP Capital cautioned: “Are we back in the game? Not quite. BTC is still trading near the bottom of its multi-month range and frontend crypto vols are still relatively elevated with both majors still reflecting a Put Skew till end-March. The VIX is also elevated, signaling broader market unease in risk assets overall, particularly after the recent tariff escalations from the US administration.” Lessons From The Past: The ‘Xi Candle’ Comparison For seasoned traders, the weekend’s price action is reminiscent of a historical event in the crypto market—the infamous Xi Candle of 2019. Prominent crypto analyst Cold Blooded Shiller took to X to draw comparisons between the two events. Reflecting on the Xi Candle, Cold Blooded Shiller recalled how Bitcoin had been in a prolonged downtrend, trading at fresh lows with market sentiment at rock bottom. Then, seemingly out of nowhere, Chinese President Xi Jinping announced that China should embrace blockchain technology. The result was a massive short squeeze, with Bitcoin skyrocketing by 40% in just two days. Traders at the time believed it marked the beginning of a new bullish era for crypto. “Sentiment was very quick to adjust. You’ll be surprised (not) to hear that it didn’t take much back then to shape the whole mindset of Twitter into the positives and ability for the market to now have an infinite bid,” he wrote. However, the euphoria was short-lived. Several weeks later, China backtracked on its pro-blockchain rhetoric, implementing fresh crackdowns on crypto exchanges and warning investors about the risks of digital assets. Bitcoin’s gains slowly eroded, with price action reversing over the following month and ultimately dipping below pre-announcement levels. Related Reading: Is The Bitcoin Bull Cycle Really Over? This Indicator Suggests Price Could Rebound To $130,000 “We did not immediately reverse the candle. It actually took many weeks to do that, which made it all the more painful for those trading it or those who had their bullish bias,” Cold Blooded Shiller recalled. The similarities between the Xi Candle and Trump’s Crypto Reserve announcement are striking. Both events followed prolonged periods of market weakness, both saw a dramatic shift in sentiment almost overnight, and both created a new bullish narrative that was widely embraced by the market. The key question now is whether Trump’s announcement will lead to a sustained trend shift or if, like the Xi Candle, it will eventually fizzle out, leaving late buyers trapped at the top. Key Events To Watch This Week Bitcoin’s ability to maintain its gains or extend higher will likely depend on key macroeconomic and regulatory developments in the coming days. On Wednesday, markets will receive the latest Purchasing Managers’ Index (PMI) data, a crucial economic indicator that could influence expectations for Federal Reserve policy. If PMI data shows signs of economic weakness, it could increase speculation about potential rate cuts, which may provide a tailwind for risk assets, including Bitcoin. However, stronger-than-expected data could reinforce the view that the Fed will maintain its restrictive policy stance, potentially pressuring crypto and equities alike. Friday brings the release of the Non-Farm Payrolls (NFP) report, a key employment indicator that has historically influenced market sentiment. A strong jobs report could signal continued economic resilience, reducing the likelihood of near-term rate cuts, which could negatively impact Bitcoin. Conversely, a weaker-than-expected report could fuel risk-on sentiment, further supporting BTC’s momentum. Also on Friday, the White House Crypto Summit is expected to provide critical insights into the future of the US Crypto Strategic Reserve. If tangible announcements emerge, BTC could rise further. However, if the event fails to deliver meaningful policy direction, the market could react negatively, leading to increased volatility. As QCP Capital put it, “Just when we think Trump has exhausted his cards, he may still have more surprises up his sleeve. Will this be the push toward that elusive all-time high? We’ll be watching.” At press time, BTC traded at $90,352. Featured image created with DALL.E, chart from TradingView.com
Bitcoin’s price has recently experienced notable volatility, driven by significant market developments and investor activity. Following an initial decline in recent days, BTC surged above $94,000 on Sunday. This increase was fueled by reports of an upcoming US strategic crypto reserve that includes BTC and other major digital assets. However, as of today, BTC is trading just below $93,000, signaling an unstable upward momentum in the crypto market. Amid this price movement, a recent analysis by CryptoQuant analyst KriptoBaykusV2 highlights an evolving pattern in Bitcoin’s net exchange flow, offering insight into investor sentiment. This data suggests that exchange inflows and outflows may play a crucial role in shaping Bitcoin’s short-term price direction. Related Reading: Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned? Bitcoin Exchange Flows and Investor Sentiment According to KriptoBaykusV2, on February 25, Bitcoin saw a significant inflow to exchanges, with approximately 8,400 BTC being deposited. Historically, large inflows suggest increased selling pressure, as traders move assets to exchanges in preparation for liquidation. This was followed by a decline in Bitcoin’s price, aligning with previous market trends where increased supply on exchanges often leads to downward price movements. The following day, February 26, Bitcoin experienced a shift, with a substantial amount of BTC being withdrawn from exchanges. Large-scale outflows typically indicate a preference for holding, reducing the available supply on exchanges and potentially supporting price stability. This shift coincided with Bitcoin’s price finding support and beginning to recover, reflecting investor confidence in the asset’s long-term prospects. The analyst noted: In summary, those closely monitoring Bitcoin’s exchange movements should take note: Large inflows into exchanges may indicate heightened selling pressure, requiring caution. On the other hand, significant outflows suggest that investors are opting to hold, which could lead to price appreciation. We will see in the coming days how these trends continue. Related Reading: Bitcoin Is Enough—Coinbase CEO Rejects Altcoins For US Reserves Short-Term Selling and Market Trends Meanwhile, a separate analysis by another CryptoQuant analyst, abramchart, suggests that Bitcoin holders have started selling at a loss. The Spent Output Profit Ratio (SOPR) index, which measures the profitability of short-term investors, according to the analyst recently recorded a value of 0.95. This level, the lowest since August 2024, suggests that more traders are selling BTC at a loss, an indication of capitulation. Historically, such periods have been followed by market recoveries as selling pressure eases and accumulation phases begin. The CryptoQuant analyst wrote: The SOPR measures the proportion of Bitcoin wallets that have held Bitcoin for more than 1 hour and less than 155 days. Values over ‘1’ indicate more short-term investors are selling at a profit. Values below ‘1’ indicate more short-term investors are selling at a loss., which is a sign of capitulation and a return to an upward trend. Featured image created with DALL-E, Chart from TradingView
Bitcoin is trading above $90K after experiencing extreme selling pressure last week, which drove the price as low as $78,100 and broke through key demand levels. However, the market quickly recovered following President Trump’s announcement that he plans to establish a U.S. strategic crypto reserve, including Bitcoin and select altcoins like XRP, SOL, ADA, and ETH. This statement injected confidence back into the market, fueling Bitcoin’s rebound. Related Reading: Dogecoin Will Start A Move To $4 If Current Demand Holds – Can Bulls Step In? Despite this recovery, the road ahead remains uncertain as Bitcoin faces key technical levels that could define the next move. According to top analyst Axel Adler’s data on X, Bitcoin is currently trading at $92K, with support levels resting around the 200-day simple moving average (SMA) at $82,314 and the realized price for short-term holders in the 3-to-6-month range at $79,290. On the resistance side, Bitcoin must break through the realized price for short-term holders in the 1-week-to-1-month range at $97,478 and the 1-month-to-3-month range at $99,395. As Bitcoin continues to stabilize above $90K, analysts believe a breakout above $100K could trigger renewed bullish momentum, while failing to hold above key support levels could result in another wave of selling pressure. The next few days will be critical in determining Bitcoin’s next major move. Bitcoin Price Action Remains Uncertain Bitcoin is about to enter a critical phase as the market shifts from fear to excitement following President Trump’s announcement of a U.S. crypto strategic reserve. The announcement has ignited bullish sentiment across the market, with Bitcoin surging over 12% since the news broke. Just three days ago, Bitcoin was breaking down below key demand levels, and now, speculation is growing about the potential for a massive bull run. Market sentiment flipped from extremely bearish to bullish in a matter of hours, reinforcing the argument that Bitcoin remains in a strong uptrend. Analysts are watching key levels closely to determine if BTC can sustain this momentum. Adler’s insights on X reveal that Bitcoin is currently trading at $92K, with critical support resting around the 200-day simple moving average (SMA) at $82,314 and the realized price for short-term holders in the 3-to-6-month range at $79,290. On the resistance side, Bitcoin must break through the realized price for short-term holders in the 1-week-to-1-month range at $97,478 and the 1-month-to-3-month range at $99,395. Additionally, the short-term holder realized price at $91,096K could act as a local support level. While the price action has improved significantly, some analysts warn that BTC needs to hold above $90K to maintain bullish momentum. The futures market also remains stable, with no significant leverage buildup, reducing the chances of sudden liquidations. Investors are closely monitoring the $97K–$100K range, as breaking above it could trigger an explosive rally. Related Reading: If Ethereum Holds $2,200 Price Could Recover Fast – Analyst Sets Price Target The market is heating up quickly, but the big question remains: Can BTC reclaim $100K this week? With renewed optimism and rising speculation, all eyes are on Bitcoin’s next move. Price Action Details: Holding Key Levels Bitcoin is trading at $91,800, holding above the key $90K mark after experiencing a sharp recovery from last week’s extreme selling pressure. The price struggled below this level for several days, dropping as low as $78K, fueling speculation that Bitcoin could be entering a bear market. However, bulls have regained some control, and Bitcoin has managed to stabilize above this crucial demand zone. This recovery has shifted market sentiment, with many analysts now considering the possibility of a renewed bullish phase. If BTC continues to hold above $90K and pushes toward $95K in the coming days, it could set the stage for an attempt to reclaim the psychological $100K level. Breaking above this milestone would likely confirm a full recovery and signal the continuation of Bitcoin’s long-term uptrend. Related Reading: Whales Add 190,000 Ethereum In The Last 24 Hours – The Accumulation Continues However, losing the $90K level again could spell trouble for bulls. A breakdown below this key support could reignite bearish momentum, potentially sending BTC back toward the $85K or even $80K regions. The next few days will be critical as bulls attempt to solidify their position and push BTC toward a stronger recovery phase. All eyes are now on whether Bitcoin can maintain this level and build momentum for another rally. Featured image from Dall-E, chart from TradingView
Bitcoin’s price recently experienced another significant downturn, falling below $80,000 earlier today—a nearly 20% decrease in just the past week. This prolonged slump highlights the broader challenges facing the market, with minimal signs of recovery in sight. Amid this turbulent price activity, insights from tugbachain, a contributor to the CryptoQuant QuickTake platform, have shed light on an intriguing trend within the Bitcoin market: the shifting patterns of UTXO Realized Price Age Distribution. Related Reading: Bitcoin’s 60-Day CDD Spikes: A Warning Sign or Buying Opportunity? UTXO Realized Price Age Distribution: Uncovering Key Support Levels The UTXO Realized Price Age Distribution metric provides a detailed look at realized prices across various age bands, effectively illustrating the holding patterns of different investor groups. By calculating the realized price—derived by dividing the Realized Cap by the total Bitcoin supply—this metric offers a snapshot of how both long-term holders and newer market entrants are behaving under current market conditions. Historically, certain realized price levels have functioned as key support zones during market corrections. In particular, the realized price levels for 1-month and 3-month periods often hold significance in bull markets. These levels are where fear-driven selling from smaller investors tends to peak, potentially creating an environment for larger players to stabilize the market. However, as tugbachain highlighted, these 1-3 month realized price levels have now fallen below their typical support thresholds. The next potential support area lies in the 3-month to 6-month range, approximately around $75,875. This shift signals that the market may still be searching for a solid foundation before any meaningful recovery can begin. Bitcoin: Analyzing the Bigger Picture In a separate analysis, tugbachain delves into the Bitcoin Network Value to Transactions (NVT) Golden Cross metric, which serves as a key tool for identifying local market peaks and troughs. The NVT Golden Cross measures the ratio of Bitcoin’s market capitalization to its daily transaction volume. When this ratio exceeds certain thresholds, it can signal whether the market is overbought or oversold. Related Reading: Bitcoin Miners Are Hoarding Their Crypto Despite Plunge—Here’s What It Means Currently, the NVT value is below -2.4, placing Bitcoin firmly in the oversold territory. Historically, oversold conditions at such levels have often coincided with local market bottoms. NVT Golden Cross and Market Conditions “An NVT value below -1.6 indicates a possible market bottom, pointing to oversold conditions. Currently, the NVT value is below -2.4.” – By @tugbachain Full analysis ????https://t.co/VuIHzc6liT pic.twitter.com/eTXIrwjOo7 — CryptoQuant.com (@cryptoquant_com) February 27, 2025 Should a rebound materialize from this oversold zone, tugbachain suggests that the 111-day moving average, currently at $96,895, may act as a resistance point during any price recovery. This perspective offers investors a potential roadmap for understanding and navigating the ongoing market plunge. Featured image created with DALL-E, Chart from TradingView
In his latest video update, long-time market analyst and self-described “four-year cycle” trader Bob Loukas delivered a breakdown of Bitcoin’s current trajectory. Despite a roughly 22% pullback from its recent all-time high, Loukas asserts that the leading cryptocurrency’s price action remains “nothing we have not seen before.” Loukas opened his video by acknowledging growing anxiety among traders following Bitcoin’s drop from around $110,000 to the mid-$80,000 range. However, he emphasized that such swings are a natural part of Bitcoin’s characteristic volatility. “As I record this video Bitcoin’s at $87,000, down from an all-time high of around $110,000… which historically, even for this four-year cycle, is basically right on the averages […] a 20% drawdown from a high,” he stated. Bitcoin’s Four-Year Cycles While Loukas emphasized that intracycle corrections of this magnitude “should not come necessarily as a major surprise,” he also acknowledged that deeper drops remain possible in the short term. In his assessment, a temporary cascade toward $80,000 or even the mid-$70,000s—which would reflect around a 30% drawdown—cannot be ruled out: “There’s no reason why this current move couldn’t drop all the way down to the low $80,000s. There’s a more outside chance that it could also fall into the $70,000s—maybe $75,000 or $73,000. That’s still within Bitcoin’s historical volatility range.” According to Loukas, these corrective moves represent a routine “fear reset.” He contends that late buyers in the previous upswing often capitulate during such pullbacks. However, in the context of Bitcoin’s broader uptrend, he argues these phases have historically paved the way for fresh rallies. Related Reading: Bitcoin Headed For $72,000? These Metrics Could Hint So Loukas primarily frames his analysis around a four-year cycle, which he subdivides into shorter “weekly cycles” of roughly six months each. Each weekly cycle, he says, typically ascends for two-thirds of its duration and then declines for the remainder, resetting sentiment. Although the current pullback unsettles many traders, Loukas sees it as consistent with Bitcoin’s longstanding cyclical pattern: “Unless you believe that the four-year cycle has peaked—which I do not—I see this as one of the normal, oscillating weekly cycle declines. It’s the same E and flow we’ve witnessed so many times.” Loukas revealed that his first sale target for the model portfolio is around $153,000 per Bitcoin, contingent on where this current decline bottoms. From the mid-$80,000s, his baseline scenario projects a potential 80% upward move during the next multi-week upswing. He emphasized that this number may be revised depending on how low Bitcoin drops during the present correction. Crucially, Loukas noted that he remains open to the possibility that the top could be in if the next rebound falters in a pattern known as a “failed weekly cycle.” He explained that once Bitcoin establishes a new short-term low—potentially near $80,000 or into the $70,000s—the market’s next test will be its recovery. If that bounce fails to surpass the prior high near $110,000 and subsequently undercuts the newly established low, it would signal deeper downside: “If we see a sharp countertrend move that rolls over quickly, takes out the new weekly cycle low, that’s extremely concerning. It would indicate a change in trend and possibly that the four-year cycle has already peaked.” The Decoupling Of Bitcoin And Altcoins Although Loukas briefly mentioned the altcoin market, he highlighted how this cycle appears to be diverging from past altcoin frenzies. Loukas described a “significant decoupling” of Bitcoin from other digital assets, noting the lack of sustained retail or institutional interest in most alternative tokens: “There isn’t a retail case, there isn’t a retail flow… so many (altcoin) narratives have come and gone… It looks as if the Trump coin was the top of that, which is probably not surprising in hindsight.” He maintains that Bitcoin, meanwhile, is increasingly being viewed as a distinct, more mature asset class, capturing interest from pension funds, sovereign wealth managers, and institutions well outside the traditional “crypto” sphere. Related Reading: Strategy (MSTR) Crashes 55%—Is A $44 Billion Bitcoin Liquidation Possible? According to Loukas, Bitcoin’s monthly chart shows no conclusive signs of a cycle top. He remains convinced the market has not fully played out the final leg of its historical four-year bull trend, which, in previous cycles, culminated roughly 35 months after the last bear market low. For context, he pointed out that the current cycle’s low took shape in late 2022, placing the next potential peak around the fall or early winter of 2025, if it follows established precedent: “We’re in year three of the cycle. Time-wise, if this follows prior four-year structures, we have another leg higher, possibly an aggressive one, heading into late 2025. But no cycle is guaranteed to rhyme perfectly. We stay alert and look for the warning signals of a final top—until then, I see no reason to change the bullish view.” Despite this bullish perspective, Loukas reiterated that no cycle framework is infallible. He outlined a scenario in which Bitcoin’s weekly cycle might fail—specifically if a new short-term upswing is quickly reversed, setting a lower low. Such a move, he said, could herald a cycle-wide trend change. Still, in his judgment, probabilities favor a continuation of the uptrend: “Until we have a top in the four-year cycle, I think we have to just grin and bear [the drawdowns] and see it through […] the timing suggests to me that we are experiencing one of these periods where we are in a declining phase into a weekly cycle low before moving higher.” At press time, BTC traded at $86,562. Featured image created with DALL.E, chart from TradingView.com
Bitcoin’s price has continued its decline, dropping below several key levels in recent days. As of now, Bitcoin is hovering just above $87,000, marking a weekly drop of around 7.7% and a 19.6% decline from its all-time high of over $109,000 recorded earlier this year. Amid this downturn, various market analysts have taken to social media to weigh in on the possible causes of the dip and what might come next for the flagship cryptocurrency. Related Reading: Bitcoin Faces Serious Price Compression – What Happened Last Time Diverging Predictions for Bitcoin’s Next Move First on the list is crypto analyst Titan of Crypto who recently shared his perspective on X, suggesting that Bitcoin’s monthly close could offer important clues. “As long as BTC holds above the 38.2% Fibonacci retracement, the bull run remains intact,” the analyst noted. Notably, in traditional and crypto markets alike, a monthly close is considered a significant indicator because it reflects sustained market sentiment over a longer timeframe. A strong monthly close above key technical levels can signal ongoing strength, while a close below such thresholds may point to further declines. Prominent trader Gareth Soloway offered a wide-ranging forecast, indicating that Bitcoin could either fall to $75,000 or surge to $125,000 in the coming months. Gareth Soloway says Bitcoin is either going to $75K or $125K, he could be wrong, he doesn’t know. And yes it could still go to $200K by EOY. Incredible analysis. pic.twitter.com/tLCVSL4WuA — The ₿itcoin Therapist (@TheBTCTherapist) February 25, 2025 Other analysts have taken a more bearish stance. Coinmamba, another well-known figure in the crypto community, highlighted the waning influence of MicroStrategy’s large Bitcoin purchases. “The only reason we had this much Bitcoin outperformance was due to MicroStrategy buys, and that is coming to an end,” Coinmamba wrote, adding that he is bullish on altcoins but bearish on Bitcoin’s near-term prospects. Meanwhile, Crypto Caesar suggested a possible drop to $73,000 levels, citing a mix of technical and fundamental indicators that point to further downside potential. Optimism Amid the Bearish Sentiment Despite the bearish outlook from some analysts, a number of investors remain confident in Bitcoin’s long-term trajectory. Max Brown, expressed strong conviction on X, stating, “Bitcoin is going to $150K. ETH is going to $15,000. Don’t let anyone tell you otherwise. We will hold tight and ride our coins to 10x–50x.” This sentiment, while ambitious, highlights the resilience of some Bitcoin holders who view current price declines as temporary setbacks rather than structural weaknesses. Similarly, an investor known as Lemon shared a simple strategy for navigating the current downturn: “I will start buying every day on every dip, from $85K to $75K. I’ll sell by the end of the year above $110–$120K.” My plan for the rest of the year. I will start buying every day on every dip, from 85K to 75K, I will sell by the end of the year above 110-120K.#Bitcoin $BTC pic.twitter.com/gLYJ2G7mui — Lemon ???? (@TheCryptoLemon) February 25, 2025 This approach, emphasizing steady accumulation and a clear exit strategy, reflects a more measured form of optimism among Bitcoin’s long-term supporters. Featured image created with DALL-E, Chart from TradingView
Bitcoin’s price performance remains under pressure, with the asset experiencing a drop of 2.3% over the past week. This decline pushes BTC’s value even further from its January all-time high of over $109,000. Amid the bearish momentum, analysts are observing signs of renewed interest from retail investors—a critical market segment that could shape Bitcoin’s near-term direction. Related Reading: Is The Bitcoin Price Manipulated? Expert Exposes The Truth Bitcoin Retail Demand Slowly Recovers A new analysis by CryptoQuant analyst Darkfost has highlighted a promising shift in Bitcoin’s retail demand metrics. Specifically, the 30-day demand change has climbed back into the neutral zone around 0%, recovering from a highly negative -21% seen late last year. According to the insight shared by Darkfost, this is the first time since 2021 that retail demand has shown such a notable turnaround. Historically, periods of recovering retail demand have been linked to eventual price rebounds. For example, in July 2024, retail demand reached a similar low point before beginning to recover. Although it took roughly three months for Bitcoin’s price to respond positively, the subsequent upward movement demonstrated the impact of growing retail interest. Bitcoin retail Investor demand is brewing “Notably, past instances of recovering retail demand have often coincided with upward price movements in the short-term.” – By @Darkfost_Coc Full post ⤵️https://t.co/lvhC8JnvBD pic.twitter.com/YdBr6F78W7 — CryptoQuant.com (@cryptoquant_com) February 24, 2025 Darkfost noted that if this trend holds true this time, the current recovery in retail demand could lay the groundwork for future price gains—though such changes may take time to materialize. Network Activity and Investor Sentiment on the Decline Despite the positive signs from retail demand, overall network activity and investor sentiment tell a more cautious story. Darkfost in a separate post revealed a downward trend in the number of active Bitcoin wallets and transactions used for deposits and withdrawals. The accumulation of Bitcoin by spot ETFs has also slowed, with minor outflows suggesting a more hesitant investor base. Additionally, the number of unspent transaction outputs (UTXOs) is decreasing at a pace reminiscent of previous market corrections. Although this alone does not confirm a market cycle peak, it does raise questions about the underlying strength of current market participants. Investor sentiment has also been weighed down by broader macroeconomic and geopolitical factors. Darkfost highlighted that while initial bullish sentiment was buoyed by optimism surrounding Trump’s election and the possibility of favorable US crypto regulations, no substantial policy changes or legislative actions have yet emerged. Related Reading: Bitcoin’s Bullish Case Hinges On $94,645 Support: Will Buyers Step In? Meanwhile, global trade tensions and risk-averse market behavior continue to dampen enthusiasm. With earlier bullish narratives already factored into Bitcoin’s price, the market will likely require new catalysts or improved conditions to regain upward momentum. Featured image created with DALL-E, Chart from TradingView
Bitcoin has soared past the $98,000 on Thursday, fueling intense debate among traders over whether the $100K milestone is again within reach or if the current rally is vulnerable to a swift correction. Behind the scenes, market observers point to surging open interest (OI) and increased leverage, spotlighting the possibility of a leverage-driven push. Bitcoin Rally Or Trap? CryptoQuant community analyst Maartunn (@JA_Maartun) warned of a “leverage driven pump,” noting a $2.4B jump in Bitcoin’s OI within 24 hours. Via X, he wrote: “Leverage Driven Pump: $2.4B (7.2%) increase in Open Interest in Bitcoin over the past 24 hours.” Confirming these observations, well-known crypto commentator Byzantine General (@ByzGeneral) highlighted the significant role of fresh long positions in propelling prices higher: “Lots of fresh longs coming in here on BTC which is shoving price higher. Kinda funny that the entire market is getting lifted right now off the back of these degen longs here.” Analysts from alpha dojo (@alphadojo_net) echoed sentiments of caution, underscoring a notable gap between futures-based open interest and spot-driven purchases: “BTC continues to grind upwards, while the OI rises steadily, but there is little spot buying. BTC is now approaching the upper end of the range again. It seems that some market participants have tried to frontrun Saylor‘s planned $2 billion bid.” Related Reading: Bitcoin RHODL Momentum Slowing Down—Analyst Warns Pattern ‘Not Ideal’ Though the prospect of a large buy could propel the market, they warn that without fresh catalysts like a “short-term narrative or positive news, it currently looks like BTC will struggle to sustainably pump above the $100k mark.” Renowned crypto analyst Bob Loukas provided a cyclical framework for interpreting Bitcoin’s price movements, noting that the market may be approaching the end of one multi-week cycle and the start of another: “We’re on verge of completing a Bitcoin Weekly Cycle, as I’ve been sharing last 6 weeks. For context, there have been just 5 weekly Cycles since the 2022 bear market lows. (Avg 6month events). 4 of these cycles had 90-105% moves. One failed to do much (June-Sept 23).” When asked if this signals an imminent market top, Loukas clarified:“I’m saying we’re about to begin a new one. Cycles always begin from the lows.” His comments suggest that while a cycle transition is imminent, it does not necessarily equate to a market peak—rather, it could mark the start of a new uptrend. Related Reading: Gamestop CEO Fuels Bitcoin Speculation: $4.6 Billion Buy Incoming? Technical analyst Rekt Capital (@rektcapital) emphasized the significance of Bitcoin’s daily close above the $97,700 threshold, suggesting that a successful retest of this zone could pave the way for a move beyond $100,000: “The early-stage momentum generated by the Bullish Divergence has translated itself into this recent breakout move. And with the recent Daily Close above ~$97700, Bitcoin will now try to retest said level as support to enable trend continuation.” He further elaborated on Bitcoin’s relative strength index (RSI) channel, implying that the break above a series of lower highs may signal the next leg up: “Over time, Bitcoin’s price continued to retest the blue trendline as support. And the RSI continued to hold its Channel Bottom. Lately, the RSI broke its series of Lower Highs, indicating that the RSI may be ready to uptrend to the Channel Top.” Looking ahead, a clear retest of $97,700 as support could confirm Rekt Capital’s bullish outlook: “Daily Close above $97700 has been successful (light blue). Any dips into $97700 would constitute a retest attempt. A post-breakout retest of $97700 into new support would fully confirm the breakout to position BTC for a rally to $101k resistance.” At press time, BTC traded at $98,645. Featured image created with DALL.E, chart from TradingView.com
In a post shared on X with his 700,000 followers, market veteran CRYPTO₿IRB (@crypto_birb) outlined what he believes could be one of Bitcoin’s final major pullbacks before an eventual surge to a six-figure price target. In his own words: “BTC LAST DIPS BEFORE $273K? Here’s why:” He backed up this claim with a series of concise bullet points covering market trends, technical signals, and historical data. Last Chance to Buy Bitcoin Cheap? CRYPTO₿IRB’s analysis begins with a description of the “Bull Market” environment, noting that both the 200-week and 50-week moving averages are rising. These long-term trends often reflect a broader shift in market sentiment. He also references the latest data on Bitcoin exchange-traded funds, pointing to total assets under management (AUM) of $121 billion, alongside a substantial trading volume of $746 billion. Another key metric highlighted is the Net Unrealized Profit and Loss (NUPL), which he places at 0.54, suggesting that more traders are in profit than those at a loss. He observes a seven-week correlation to the S&P 500 at 0.25, signaling only a moderate linkage between Bitcoin and the traditional equity market over that period. Related Reading: Bitcoin’s Big Breakout? Fed’s “Not QE, QE” Just Flipped The Switch The analyst then addresses the “Daily Trend,” indicating that he sees Bitcoin oscillating within a range of $90,000 to $110,000 for now. He situates the 200-day Simple Moving Average at about $80,200 and emphasizes that this figure is trending upward. CRYPTO₿IRB also explains that the proprietary 200-day BPRO indicator sits at approximately $94,400, which he views as another sign of strengthening momentum, despite a 50-day RSI at 42. An RSI below 50 often points to cooled market momentum, yet he notes that volatility appears stalled for the moment, with an Average True Range of $3,360 suggesting that price swings have softened compared to previous periods. Turning to his “Trade Setup,” CRYPTO₿IRB highlights that he sees certain bearish configurations on his 12-hour BPRO CTF and HTF Trailer indicators. He describes market conditions as choppy, with resistance appearing around the $99,700 to $103,100 range. This implies that if Bitcoin fails to break above that resistance level, short-term pullbacks or sideways activity could continue until buyers regain control. Regarding “Sentiment & Miners,” the analyst points to a Fear & Greed Index reading of 51, a level considered neutral. He remarks that fear typically spikes just before key breakouts, implying that the absence of extreme fear may indicate a more sustained climb once resistance zones are cleared. He also classifies the ongoing market cycle phase as “belief,” suggesting that investors remain cautiously optimistic without the euphoria that often signals major tops. Another crucial factor is miners’ profitability, which he estimates remains healthy above $88,400, a threshold that can discourage excessive miner selling and help reinforce price floors. Related Reading: Bitcoin Presents A ‘Generational Opportunity’ As Global Turmoil Intensifies, Says Bitwise Executive His commentary on “Seasonality” underscores the historical performance of Bitcoin. He notes that February has seen an average gain of 15.85% with positive returns in seven out of ten years. Overall, first quarters tend to deliver around a 25% average gain. From 2010 to 2024, Bitcoin’s annualized return stands at roughly 145%, reflecting the impressive long-term growth that has characterized its history. CRYPTO₿IRB encourages traders to “BTFD Feb–March,” which is short for “buy the dip,” implying that he expects attractive entry points to emerge before the market potentially rallies again. In explaining the “Macro Top,” he looks to the MVRV Z-Score, a metric that compares market value to realized value. He warns that an MVRV Z-Score above 7.0 traditionally signals an overheated market. Currently at 2.43, the score remains well below that danger zone, which leads him to project a possible peak above $273,000 (2.88x from $95.3k). He states: “Bitcoin will start forming top over $273k+. According to MVRV Z-Score, the market peaked only when MVRV pushed & stayed for weeks above 7.0 (2.8X from $97.5k). It’s the pre-rich phase.” At press time, BTC traded at $95,553. Featured image created with DALL.E, chart from TradingView.com
Bitcoin has been trading sideways in a tight consolidation range, staying below key supply levels while holding strong above crucial demand zones. This phase of indecision has divided market sentiment, with many leaning toward a bullish trend that could result in an aggressive move in the coming days. While uncertainty lingers, analysts are optimistic that Bitcoin is preparing for its next significant price action. Related Reading: Ethereum Indicator Flashes Buy Signal On The Weekly Chart – Potential For A Rebound? Renowned analyst Jelle shared a technical analysis on X, revealing that Bitcoin is still building a 4-hour rounding bottom, a bullish pattern that often precedes a breakout. Jelle highlighted that a new higher high was set on Friday, signaling potential momentum in favor of the bulls. This formation suggests that Bitcoin could be gearing up for a move toward reclaiming key levels, including the much-anticipated $100K mark. Despite the recent sideways price action, Bitcoin’s resilience above crucial demand zones reflects underlying strength. Many traders and investors are keeping a close watch, as this consolidation could soon come to an end. Whether BTC breaks above its supply zone or retraces to retest lower levels, the next move is expected to set the tone for short-term market direction. All eyes remain on Bitcoin as the market awaits confirmation. Bitcoin Prepares For A Massive Move Bitcoin’s price remains driven by speculation and uncertainty as short-term price action continues to be unpredictable. The price has struggled to reclaim the $100K mark, leaving analysts divided over its next move. Some are calling for a cycle top at $109K, while others believe that Bitcoin is setting the stage for a massive rally once it consolidates and establishes strong demand at current levels. Jelle shared a technical analysis on X, highlighting that Bitcoin is still forming a rounding bottom pattern above the $94K level—a bullish structure that signals accumulation and potential upward momentum. He pointed out that a new higher high was set on Friday, strengthening the case for a possible breakout. According to Jelle, if Bitcoin can hold for another higher low over the weekend, bulls could push the price toward the critical $100K mark next week. Despite the ongoing uncertainty, the rounding bottom pattern offers a glimmer of optimism for the market. Bitcoin’s ability to stay above the $94K level reflects its resilience, even amid volatility. Traders and investors are closely monitoring this consolidation phase, as it could determine the next significant trend for BTC. Related Reading: Dogecoin Adam & Eve Structure Hints At Bullish Potential – Can DOGE Breakout? If the price successfully reclaims the $100K mark, a rally toward the $109K cycle top becomes increasingly likely. Conversely, failing to hold current levels could lead to a deeper correction. The coming days will be crucial for Bitcoin’s short-term direction, with both bulls and bears battling for control. BTC Price Struggles With Short-Term Direction Bitcoin is trading at $97,700 after briefly tagging the 4-hour 200 EMA near $98,800, sitting less than 3% below the crucial $100K level. Bulls are striving to reclaim the $98K level and push the price above the psychological $100K mark, a critical resistance zone that has kept BTC in a consolidation phase. Breaking above $100K would signal renewed momentum and could set the stage for a strong uptrend. The $98K and $100K levels are key short-term hurdles for bulls, as reclaiming these zones would restore confidence and likely attract more buyers. A successful breakout above the $100K mark could ignite a rally, taking Bitcoin into higher territory and possibly testing all-time highs. Related Reading: Ethereum Whales Have Bought Over 600,000 ETH In The Past Week – Time For A Price Upswing? On the flip side, downside risks remain significant. Losing the $94K support level could trigger a correction into lower demand zones around $89K, where buyers might step in to prevent further declines. Such a move would signal continued market indecision and could lead to extended consolidation or even bearish pressure. Featured image from Dall-E, chart from TradingView