THE LATEST CRYPTO NEWS

User Models

Active Filters
# bitcoin ath
#bitcoin #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin metric #bitcoin bull cycle #bitcoin realized profits

Bitcoin’s sentiment has taken a sharp turn, moving from bullish optimism above the $100K mark to growing fear as the price hovers around $95K. The much-anticipated clean breakout after reclaiming the $100K level has failed to materialize, leaving investors questioning the strength of the current bull trend. Related Reading: Ethereum Takes Early Q1 Lead Showing […]

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #bitcoin price analysis #btcusdt #bitcoin ath #bitcoin bull cycle

Bitcoin has surged above the $100K mark, signaling strength and fueling optimism among traders as the market enters 2025. This breakout has bolstered a bullish outlook for BTC in the first quarter, with many anticipating further gains. However, amid this enthusiasm, a cautious undertone persists. Analysts and investors are debating the trajectory of this bull […]

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin breakout #bitcoin bull cycle

Bitcoin has finally reclaimed the highly anticipated $100K mark after days of consolidation and lingering negative sentiment. The psychological milestone had been a key resistance level, with many investors and analysts closely monitoring BTC’s price action for clues about its next big move. The recent breakout above $100K signals renewed market optimism, yet the question remains: can Bitcoin maintain its momentum? Related Reading: Solana Back Above Weekly & Monthly Support Levels – Analyst Expects New ATH Top analyst Carl Runefelt shared a detailed technical analysis on X, highlighting a critical pattern forming in Bitcoin’s 1-hour time frame. According to Runefelt, Bitcoin is currently shaping a symmetrical triangle, a classic chart pattern that typically precedes a significant price movement. The pattern suggests that Bitcoin is coiling for a decisive breakout or breakdown, with the next few days—or even hours—potentially shaping its short-term trajectory. This pivotal moment for Bitcoin comes as the broader crypto market experiences renewed energy following a sluggish end to the previous year. Investors are optimistic yet cautious, as the technical setup could signal either a continued rally or a temporary setback. With BTC back in six-figure territory, the stage is set for a critical period that could define the first quarter of 2025. Bitcoin Breaks Above $100K But Faces Risks Bitcoin has surged to $102,700 with impressive strength, fueling optimism for a highly bullish year ahead. Investors are closely watching the market leader, which continues to show resilience after reclaiming the $100K mark. However, BTC is not without risks; any loss of current levels could result in a significant pullback, potentially shaking confidence in the ongoing rally. Top analyst Carl Runefelt recently shared a detailed technical analysis on X, highlighting Bitcoin’s formation of a symmetrical triangle on the hourly timeframe. This classic chart pattern often precedes a sharp breakout or breakdown, signaling heightened market activity. Runefelt emphasized that the next move could occur as the price consolidates tightly within the triangle. Runefelt outlined key price targets for traders to watch. A close below the $100K mark would act as a bearish signal, potentially invalidating the bullish structure built over recent weeks. Conversely, a breakout above $103K would confirm bullish momentum and set the stage for a continuation of the rally. Related Reading: Key Indicator Signals Buy On XRP 4-Hour Chart – Analyst Predicts A Price Rebound The next few days will be critical for Bitcoin as the market remains in a state of indecision. While optimism surrounds the possibility of a sustained bull cycle, the potential for increased volatility underscores the need for caution in this pivotal period. Testing Fresh Liquidity Bitcoin is trading at $101,400 after a decisive 4-hour breakout above the critical $100K mark, sparking renewed optimism among investors. This clean breakout has pushed BTC into fresh liquidity above the psychological level of $100K, a sign of strength as the market leader attempts to maintain bullish momentum. However, the battle is far from over. While Bitcoin’s price action remains promising, bulls need to push the price higher to assert full control. The next major hurdle lies at $103,600, a key resistance level that, if broken, could pave the way for a massive rally. A strong move above this mark would confirm Bitcoin’s bullish structure and likely attract more buyers, driving the price into new all-time highs. Related Reading: Dogecoin ‘Looks Undeniably Impulsive’ – DOGE/BTC Ratio Uncovers Strong Accumulation On the flip side, a failure to hold above $100K could result in a consolidation phase. This scenario may keep BTC range-bound, frustrating traders and delaying the bullish breakout investors are eagerly awaiting. Featured image from Dall-E, chart from TradingView

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin supply #bitcoin ath #bitcoin supply in profit

Bitcoin is on the verge of a historic breakout, consolidating just below the highly anticipated $100K mark. After surging over 8% since the start of the year, the leading cryptocurrency has captured the attention of investors and analysts alike. While the market remains cautiously optimistic, all eyes are on BTC for confirmation of its next […]

#bitcoin #btc #bitcoin analysis #bitcoin news #bitcoin price analysis #btcusdt #bitcoin ath #bitcoin transaction volume #bitcoin retail investors

Bitcoin has shown resilience by pushing above key demand levels, but the psychological and technical barrier of $100K remains unclaimed. This resistance has left investors and analysts in a state of uncertainty, with no clear short-term direction for the market leader. Despite this, a growing consensus among market experts suggests that BTC will likely see […]

#bitcoin #bitcoin price #btc #bitcoin news #btcusdt #bitcoin bull run #bitcoin ath #bitcoin demand #bitcoin cycle

Bitcoin has faced significant selling pressure above the $100K mark, leaving the market leader struggling to regain momentum. After a stellar rally, BTC is now testing its ability to push past critical resistance, as traders and investors remain cautious about its short-term trajectory. Related Reading: BTC Dominance Breakdown Confirmed – Metrics Support A 2025 Altseason […]

#bitcoin #bitcoin price #btc #bitcoin news #btcusdt #bitcoin ath #bitcoin on-chain metric #bitcoin bull cycle #bitcoin technical indicators

As the new year begins with optimism across the crypto market, Bitcoin is once again taking the lead with a bullish outlook. The world’s largest cryptocurrency has started 2025 on a strong note, setting the tone for what investors anticipate to be a pivotal year for the asset. With price action holding above crucial levels, […]

#bitcoin #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin bull run #bitcoin liquidity #bitcoin ath #bitcoin growth

As 2025 begins, the crypto market shows signs of recovering from the late December correction, setting an optimistic tone for the year ahead. Bitcoin, the market leader, has demonstrated remarkable resilience by holding strong support at $92,000 despite recent selling pressure. This stability has renewed investor confidence, with many eyeing a potential continuation of its […]

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin on-chain data #bitcoin bull cycle

Bitcoin faced a sharp decline yesterday, testing crucial support below the $92,000 mark. This move has sparked concern among analysts, as the $90,000 to $92,000 demand zone is seen as a critical level for maintaining Bitcoin’s bullish structure. A breach below this range could signal a deeper correction, potentially shaking market confidence in the short […]

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin indicator #bitcoin exchange activity

Bitcoin is currently navigating a volatile phase, consolidating below the $100,000 mark after failing to hold it as a key support level. This recent setback has sparked uncertainty among investors, but the future still looks promising.  Related Reading: Are BTC Holders Waking Up? Exchange Deposits Crash To Lowest Levels Since 2016 Despite the short-term turbulence, […]

#bitcoin #btc #bitcoin news #btcusdt #bitcoin ath #bitcoin hodlers #bitcoin cycle #bitcoin holder #bitcoin analyis

Bitcoin has experienced a rollercoaster ride over the past couple of weeks, showcasing its trademark volatility. After reaching an all-time high (ATH), the leading cryptocurrency saw its price drop by 15%, testing the $92,000 mark as a crucial support level. However, BTC quickly bounced back, climbing just below the psychological $100,000 threshold. This rapid recovery […]

#bitcoin #btc #bitcoin analysis #bitcoin rally #bitcoin news #btcusdt #bitcoin ath #bitcoin $100k #bitcoin bull cycle

Bitcoin delighted investors with a Christmas Eve surge, climbing from $92,300 to an intraday high of $99,400. The swift rally has reignited bullish sentiment as the price successfully held a critical demand level, signaling strength and positioning BTC to challenge the psychological $100,000 milestone. Market participants are now closely watching Bitcoin’s next move, anticipating continued momentum in the coming days. Related Reading: XRP Whales Keep Buying – Data Reveals Smart Money Prepares For A Rally Top analyst Carl Runefelt shared a compelling technical analysis on X, highlighting Bitcoin’s formation of a symmetrical triangle on the hourly timeframe. This pattern often indicates a period of consolidation before a significant breakout, and Runefelt believes BTC is on the verge of such a move. A confirmed break above this triangle could propel Bitcoin into price discovery, unlocking further gains and marking a pivotal moment in its current market cycle. With strong demand levels providing support and technical patterns aligning for a potential breakout, Bitcoin’s path to $100,000 appears clearer than ever. However, traders remain cautious as volatility could still play a role in the short term. All eyes are on the leading cryptocurrency as it enters a critical phase, with investors eagerly awaiting confirmation of a new leg in its historic bull run. Bitcoin Looks Ready To Rally Again Bitcoin appears primed for another rally into price discovery, maintaining a bullish structure after holding critical demand levels. This resilience underscores the market’s confidence in BTC’s ability to reclaim the $100,000 mark and push higher, with both analysts and investors closely monitoring its price action for confirmation. Top analyst Carl Runefelt recently shared an insightful technical analysis on X, highlighting a symmetrical triangle pattern on Bitcoin’s hourly chart. Symmetrical triangles often indicate a period of consolidation before a breakout, and Runefelt suggests that BTC is poised to break upward. He further identified $100,700 as a key level; surpassing it would signal strong bullish momentum, potentially driving Bitcoin to new all-time highs. Conversely, he cautioned that a drop to $95,200 would signal weakness, indicating a bearish turn in the short term. Runefelt’s analysis aligns with market sentiment, as many traders view Bitcoin’s current consolidation as a precursor to significant upward movement. If BTC confirms a breakout above the triangle, it could trigger a surge of buying activity, driving the price into uncharted territory. However, a failure to sustain momentum above critical levels may lead to heightened volatility, challenging Bitcoin’s bullish outlook. Related Reading: If History Repeats Dogecoin Has Potential For A Parabolic Rally – Details For now, the leading cryptocurrency holds steady, with all eyes on the pivotal $100,700 mark. If Bitcoin successfully breaks this resistance, it could ignite the next phase of its bull run, reaffirming its position as the dominant force in the crypto market. Price Action: Key Levels To Watch Bitcoin is currently trading at $98,400, marking a notable 7% surge from its recent local lows of $92,000. This recovery highlights renewed bullish momentum, with the price reclaiming the critical 4-hour 200 EMA, a key indicator of short-term strength. BTC now faces a significant hurdle as it attempts to push above the 4-hour 200 MA, which sits at $98,470. Reclaiming the 200 MA would confirm Bitcoin’s bullish trajectory, potentially igniting aggressive buying activity to propel the price above the psychological $100,000 mark. Breaking this level would not only reinforce market confidence but could also trigger further upside momentum, pushing BTC into new all-time highs. Related Reading: Solana Holds Weekly Support At $180 – Analyst Expects $330 Mid-Term On the flip side, failure to reclaim the 200 MA could result in Bitcoin consolidating below $100,000. This would likely lead to a period of sideways price action, with traders awaiting fresh catalysts to determine the next move. Featured image from Dall-E, chart from TradingView

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin drawdown #bitcoin ath #bitcoin correction

Bitcoin is showing remarkable resilience as it holds strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency surged to $99,400, signaling renewed momentum and increasing optimism among investors. This surge reaffirms Bitcoin’s ability to bounce back from local lows, maintaining its upward trajectory. Related […]

#bitcoin #btc #bitcoin analysis #bitcoin news #bitcoin price analysis #btcusdt #bitcoin ath #bitcoin support level

Bitcoin experienced a highly volatile trading session yesterday, with prices swinging between $92,300 and $96,420 throughout the day. The cryptocurrency now hovers near the $93,000 mark, struggling to establish a clear direction in the short term. As market participants await decisive action, uncertainty looms over whether Bitcoin will sustain its bullish structure or face a deeper correction. Related Reading: If History Repeats Dogecoin Has Potential For A Parabolic Rally – Details CryptoQuant analyst Axel Adler recently shared valuable insights, highlighting a significant trend among short-term holders (STH). According to Adler, these investors continue to sell their coins at high-profit margins, capitalizing on Bitcoin’s recent upward momentum. While profit-taking is a natural part of market cycles, the lack of consistent demand to absorb this selling pressure could challenge Bitcoin’s price stability. If demand fails to match the pace of active profit-taking, a local correction could occur, potentially leading to a decline in Bitcoin’s price. This delicate balance between profit-taking and market demand makes the coming days critical for determining Bitcoin’s next move. Will buyers step in to support the price, or will selling pressure lead to a deeper retrace? Investors and analysts are watching closely as Bitcoin navigates this pivotal moment. Bitcoin Demand Levels Responding Bitcoin has faced days of intense volatility as it struggles to break above the $100,000 psychological barrier while holding firm above the $92,000 support. The market remains in a state of flux, with investors and analysts closely monitoring Bitcoin’s next move. Despite the uncertainty, Bitcoin’s resilience at these key levels highlights the ongoing tug-of-war between bullish and bearish forces. Top analyst Axel Adler recently shared an insightful analysis on X, shedding light on the behavior of short-term holders (STHs). According to Adler, STHs are actively selling their coins at high profit margins, taking advantage of the recent price surges. While profit-taking is a normal part of market cycles, a lack of consistent demand to counter this selling pressure could lead to a local correction and a potential price decline. However, in the event of a price drop, STHs are unlikely to continue selling their holdings, as selling at a loss in a bull market is often considered an unwise move. This dynamic could provide Bitcoin with the breathing room needed to stabilize at its key support levels, currently around the $90,000 mark. Related Reading: Solana Holds Weekly Support At $180 – Analyst Expects $330 Mid-Term If Bitcoin successfully holds above $90,000, a period of consolidation around this level could create the foundation for the next rally, potentially propelling BTC to new all-time highs. The coming days will be critical in determining whether Bitcoin continues its ascent or faces a temporary setback. BTC Holding Above $90K Bitcoin is trading at $93,800 after enduring days of selling pressure and market uncertainty. Despite holding above key support at $92,000, the loss of both the 4-hour 200 moving average (MA) and exponential moving average (EMA) is a short-term bearish signal. These indicators, often viewed as gauges of market momentum, suggest that Bitcoin may need additional demand to regain upward traction. For bulls to reclaim control and ignite a fresh rally, Bitcoin must recover these critical levels. The 4-hour 200 MA at $96,500 and the 4-hour 200 EMA at $98,500 are essential hurdles. Successfully pushing above these thresholds and securing a decisive close beyond them would confirm renewed bullish momentum. Related Reading: Ethereum Whales Bought $1 Billion ETH In The Past 96 Hours – Details If Bitcoin achieves this feat, the stage could be set for a massive rally into price discovery, breaking through psychological barriers like $100,000 and paving the way for new all-time highs. On the flip side, failing to reclaim these indicators might signal extended consolidation or a potential retest of lower support levels. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin analysis #bitcoin rally #bitcoin news #bitcoin trading volume #btcusdt #bitcoin ath #bitcoin bull cycle

Bitcoin has endured days of underwhelming price action, retreating from its all-time high of $108,364 to a local low of $92,100. Despite this sharp pullback, the price structure remains bullish, fueling optimism among analysts and traders who believe Bitcoin’s rally could resume at any moment. Market sentiment appears cautious but hopeful, with many eyeing key […]

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin supply #bitcoin ath #bitcoin metric

Bitcoin finds itself at a pivotal juncture as the market navigates uncertainty and growing doubt in the days ahead. After reaching an all-time high (ATH), the price tumbled sharply to the $92,000 level, triggering a sentiment shift from extreme bullishness to cautious optimism. This rapid correction has left many traders questioning the sustainability of Bitcoin’s […]

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin cost-basis #bitcoin ath #bitcoin demand

Bitcoin has had a whirlwind few days, hitting an all-time high (ATH) last Tuesday before tumbling into a sharp 15% correction. This period of heightened volatility has left investors divided, with some expecting a continued uptrend while others brace for more downside. The market is closely watching Bitcoin’s ability to reclaim its bullish momentum. Related Reading: XRP Whales Loading Up – Data Reveals Buying Activity Top analyst Ali Martinez has highlighted critical data from the Bitcoin cost basis distribution, pointing to $97K as a crucial support level. Martinez stresses that holding this level is essential for BTC to maintain its uptrend and fend off deeper corrections. However, Bitcoin’s price action remains uncertain as it struggles to break through the psychological barrier at $100K. While many investors see the recent correction as a healthy reset after BTC’s meteoric rise, the failure to push higher could signal a more prolonged consolidation phase. With Bitcoin trading near pivotal levels, the coming days will be critical in determining whether it will resume its climb to new highs or face additional headwinds. Bitcoin Holding Above Key Demand Bitcoin is holding steady above a critical demand level around $97,000, offering a beacon of hope for bulls after recent volatility. This stability follows a brief test of lower demand at $92,000, which reinforced the market’s ability to absorb selling pressure. While the short-term recovery is encouraging, the price remains at a pivotal point that could determine its trajectory heading into the new year. Martinez recently shared insights from the Bitcoin cost basis distribution, emphasizing the importance of the $99,000–$97,000 range. His data highlights this zone as the most significant support threshold for Bitcoin, acting as a critical line in the sand for the current uptrend. However, Martinez warns of the potential downside risk if Bitcoin fails to hold this range: “We really don’t want this level to become resistance.”   As Bitcoin consolidates near these key levels, sentiment across the market remains indecisive. Bulls are eager to see BTC reclaim momentum and push toward all-time highs, but the psychological resistance around $100,000 continues to loom large. Meanwhile, bears argue that the recent pullback could be a sign of an impending larger correction. Related Reading: On-Chain Metrics Reveal Cardano Whales Are ‘Buying The Dip’ – Details The coming days will be crucial as the year draws to a close. With market participants looking for clarity, Bitcoin must hold this critical support zone or risk losing its bullish structure. Whether the next major move is up or down will depend heavily on how BTC reacts within this price range. BTC Testing Liquidity  Bitcoin is trading at $97,000, showing resilience after rebounding from local lows of $92,000. This bounce highlights the market’s strong demand at lower levels, reinforcing the bullish narrative for now. The price structure remains intact above $97,000, indicating that BTC is well-positioned to stage another rally toward its ATH. However, the $100,000 psychological barrier looms large as the next major hurdle for bulls. This level has proven difficult to overcome, with previous attempts falling short. A successful breakout above $100,000 in the coming days would likely reignite bullish momentum and set the stage for Bitcoin to reach new ATHs, restoring confidence among investors and traders. Related Reading: BTC Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn? On the flip side, failure to breach this critical resistance could trigger a less favorable scenario. If Bitcoin struggles to gain traction above $100,000, market sentiment may waver, leading to increased selling pressure. In such a case, BTC could face another downturn, testing key support levels once again. Featured image from Dall-E, chart from TradingView 

#bitcoin #usdc #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin demand #bitcoin technical indicators

Bitcoin has faced a rollercoaster of price action over the past few days, hitting an all-time high last Tuesday before succumbing to a sharp 15% correction. The recent volatility has sparked a mix of uncertainty and opportunity among market participants. Despite the downturn, BTC remains a focal point for investors, with eyes on whether it […]

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #bitcoin price analysis #btcusdt #bitcoin supply #bitcoin ath

Bitcoin is currently trading at $97,600, following a sharp dip from its all-time high and a modest recovery from the critical $92,000 support level. This recent price movement highlights the market’s ongoing volatility as investors grapple with shifting sentiment and technical levels. Despite the rebound, Bitcoin now faces a significant challenge in sustaining its upward momentum. Related Reading: XRP Whales Loading Up – Data Reveals Buying Activity Analyst Ali Martinez shared compelling data revealing that Bitcoin encounters a massive resistance zone between $97,500 and $99,800. This “brick wall” is fortified by the activity of 924,000 wallets, which collectively purchased over 1.19 million BTC in this range. Such strong on-chain resistance could hinder BTC’s ability to reclaim the psychological $100,000 level in the near term. This critical area will likely determine Bitcoin’s next move. Successfully breaking through this zone could pave the way for another rally, while failure to do so might lead to heightened selling pressure and a retest of lower support levels. As the market watches this pivotal phase unfolds, all eyes remain on key technical and on-chain signals to gauge whether Bitcoin’s recovery is sustainable or if a larger correction looms ahead. Bitcoin Holding Strong Bitcoin has experienced intense price swings over the past few days, with a 15% correction followed by a swift 6% bounce in under three days. This rapid movement highlights the serious volatility gripping the market, with Bitcoin mirroring the broader uncertainty. Despite the turbulence, there is growing optimism among analysts regarding Bitcoin’s outlook, as its recovery from aggressive selling pressure yesterday took only a few hours. Martinez shared key insights on X, shedding light on a significant resistance zone that Bitcoin must overcome to regain momentum. According to Martinez, Bitcoin faces a “brick wall” between $97,500 and $99,800. This range is fortified by 924,000 wallets that collectively purchased over 1.19 million BTC within these levels. This substantial cluster of on-chain resistance could act as a barrier to Bitcoin’s upward trajectory. Related Reading: Bitcoin Data Reveals No Significant Panic Selling In The Market – Shakeout Or Trend Shift? If Bitcoin can manage to break above this critical resistance zone, it could open the door to new all-time highs. However, failure to surpass this range may lead to increased selling pressure and further consolidation below the $100,000 mark. For now, Bitcoin remains resilient, holding its ground amid market volatility, with many analysts cautiously optimistic about its potential for another rally. Technical Analysis  Bitcoin is currently trading at $98,200, showing a strong recovery from the $92,000 mark, which has proven to be a significant demand level. This reaction from $92K signals strength in Bitcoin’s price action, indicating the potential for bullish momentum in the weeks ahead. If BTC manages to push above the critical $100,000 level in the coming days, it could trigger a massive surge, potentially driving the price to new all-time highs. This psychological and technical milestone is expected to ignite a wave of buying pressure as investors and traders anticipate the next leg of the rally. However, the market remains uncertain, and the possibility of Bitcoin entering a sideways consolidation phase cannot be ruled out. In this scenario, BTC could remain range-bound between its all-time highs and local lows, reflecting a period of accumulation as the market recalibrates after recent volatility. Related Reading: On-Chain Metrics Reveal Cardano Whales Are ‘Buying The Dip’ – Details For now, the $92,000 mark has provided a strong foundation for Bitcoin, and all eyes are on the $100,000 level as the next major test. Whether BTC breaks out or consolidates, its current resilience suggests that Bitcoin remains poised for significant moves in the near term. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin news #btcusdt #bitcoin coinbase premium gap #bitcoin ath #bitcoin selling pressure #bitcoin cycle #bitcoin correction

Bitcoin has faced a significant correction, dropping 15% from its all-time high of $108,300. This price decline marks a sharp shift in market sentiment, which has quickly transitioned from an extremely bullish outlook to one of uncertainty and caution. As altcoins experience heavy losses, Bitcoin’s correction has raised concerns about the sustainability of the recent […]

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #bitcoin fear #btcusdt #bitcoin ath #bitcoin correction #bitcoin realized losses

Bitcoin has faced its first major correction since early November, dropping 13% from its all-time high of $108,364. This sudden pullback has sent shockwaves across the crypto market, shifting sentiment from extreme bullishness to uncertainty and even fear. The sell-off has been particularly brutal for altcoins, many of which are bleeding hard as Bitcoin struggles to regain momentum. Related Reading: On-Chain Metrics Reveal Cardano Whales Are ‘Buying The Dip’ – Details Key metrics from CryptoQuant highlight the gravity of the situation, with realized losses totaling $28.9 million—an alarming 3.2 times higher than the weekly average. This spike in realized losses suggests that some investors exit positions as the market recalibrates after weeks of aggressive upward movement. The big question now is whether this is simply a healthy correction in an otherwise bullish trend or the start of a larger downtrend. Traders are closely watching Bitcoin’s ability to hold critical support levels and the behavior of altcoins, which often amplify Bitcoin’s price movements. For now, the market remains at a crossroads, with the coming days likely to reveal whether Bitcoin can recover and resume its uptrend—or if this correction signals a more prolonged period of weakness. Bitcoin Facing Selling Pressure Bitcoin is under significant selling pressure after two days of aggressive bearish activity, marking a pivotal moment for the market. The sudden sentiment shift has caused many analysts and investors to turn cautious, with some flipping bearish as Bitcoin’s recent trend begins to lose momentum. This correction has left the market questioning whether the current price movement is a natural pause or a precursor to deeper losses. Top analyst Axel Adler recently shared insights on X, supported by compelling on-chain data, highlighting that realized losses have surged to $28.9 million. This figure is 3.2 times higher than the weekly average, indicating heightened selling activity. Adler’s analysis underscores that while the sell-off might seem alarming, it’s consistent with a healthy market correction, especially following Bitcoin’s remarkable rally to $108,300. Adler notes that the current dip should not trigger panic but instead serve as a moment of patience for long-term holders. He emphasized that now is a time to HODL unless additional bearish signals emerge to suggest a more prolonged downtrend. Corrections like this often provide the market with the necessary fuel for the next leg up, as weaker hands exit and strong hands position themselves strategically. Related Reading: Solana Holds Monthly Support As Network Activity Grows – Time For A Breakout? Price action remains critical, with investors watching closely to determine whether this correction solidifies a strong foundation for future growth or signals further downside. BTC Holding Bullish Structure (For Now) Bitcoin is trading at $94,400 following three consecutive days of aggressive selling pressure. Despite the apparent bearish sentiment gripping the market, BTC has managed to maintain its footing above the key support level of $92,000. This support is crucial as it clearly defines the ongoing uptrend. Holding above this level suggests resilience and sets the stage for a potential strong bounce if buyers regain control in the coming sessions. While the recent price action reflects uncertainty, the decline has not been as severe as the market sentiment indicates. Negative emotions have driven many traders to adopt a cautious stance, but BTC’s ability to stay above $92,000 shows underlying strength in the market structure. Related Reading: ONDO Exchange Inflows Grow – Volatility Ahead? However, sentiment remains a critical market driver. Restoring confidence will be essential for Bitcoin to reclaim higher levels and resume its bullish momentum. If sentiment does not improve and prices continue to drop, the risk of a deeper correction becomes more likely. Losing the $92,000 support could pave the way for a retest of lower levels, potentially causing additional volatility. Featured image from Dall-E, chart from TradingView 

#bitcoin #btc #bitcoin news #btcusdt #bitcoin whales #bitcoin ath #bitcoin cycle top #bitcoin whale activity #bitcoin analyis

Yesterday’s Federal Reserve meeting resulted in a 25 basis point rate cut and a revised policy indicating fewer cuts than anticipated next year. The announcement triggered a significant market retrace, with Bitcoin leading the downturn. BTC dropped 8% from its all-time high, briefly testing liquidity levels before bouncing above $98,000. This retrace wasn’t limited to […]

#bitcoin #bitcoin price #btc #bitcoin news #bitcoin data #btcusdt #bitcoin selling #bitcoin ath #bitcoin metric

Bitcoin faced a sharp retrace yesterday, dropping 8% from its all-time high of $108,300 after the Federal Reserve announced a 25 basis point rate cut alongside a revised policy signaling fewer cuts in 2025. Despite the drop, Bitcoin managed to hold above $98,000, a critical liquidity level that analysts are closely monitoring. Related Reading: On-Chain Metrics Reveal Cardano Whales Are ‘Buying The Dip’ – Details This recent price action raises a pivotal question: is this the start of a more significant correction or merely a shakeout to fuel the next leg of Bitcoin’s rally? CryptoQuant analyst Axel Adler provided key insights, noting that no substantial panic selling is evident in the market—a signal that investor confidence remains intact for now. Bitcoin’s resilience at current levels suggests the market is recalibrating following the Fed’s latest moves. As traders and investors digest these developments, all eyes are on whether Bitcoin can recover momentum and push back toward its previous highs or if deeper retracements are on the horizon. With market sentiment hanging in the balance, the coming days will be crucial in determining Bitcoin’s next direction. Bitcoin Remains Strong Despite the recent dip and a noticeable shift in market sentiment, Bitcoin remains resilient above key liquidity levels, maintaining its long-term bullish structure. The price drop, sparked by broader market reactions to the Federal Reserve’s policy announcement, has raised concerns, but Bitcoin’s ability to hold critical support underscores its underlying strength. Top CryptoQuant analyst Axel Adler recently shared data on X, shedding light on the market’s current dynamics. According to Adler, no significant panic selling is evident, even after Bitcoin’s sharp decline.  He highlighted a chart tracking the BTC short-term holder profit-loss to exchanges, revealing that this metric is currently at a higher level than seen during early December selling events. This indicates that the recent sell-off may have been less driven by fear and more of a strategic shakeout. This shakeout could serve to generate liquidity and provide the necessary momentum for Bitcoin’s ongoing rally. However, he also cautions that this could mark the beginning of a broader correction that might take time to fully develop. Related Reading: Solana Bull Flag Signals A Breakout To $300 – Analyst Shares Key Levels The coming weeks will be pivotal for Bitcoin. As the market stabilizes, traders and investors are watching whether Bitcoin can reclaim higher levels or if further downside consolidation is on the cards. Price Action: Technical Levels To Hold Bitcoin is currently trading at $101,800, following a successful test of local demand at $98,695 earlier today. The price structure remains intact, with Bitcoin forming a clear pattern of higher highs and higher lows, signaling sustained bullish momentum. Despite the recent volatility, the market sentiment continues to lean optimistic as BTC holds above critical support levels. For Bitcoin to maintain its upward trajectory, a decisive push above $103,600 is essential. This level served as a significant pivot last week, marking a key zone for both buyers and sellers. Breaking through this resistance would likely signal renewed momentum, setting the stage for further gains as Bitcoin eyes new highs. However, failure to break above $103,600 could lead to a shift in sentiment. If BTC also loses the $100,000 psychological level, it would likely confirm the start of a broader correction. Such a scenario could drive the price toward lower support zones as the market recalibrates. Related Reading: Ethereum Whales Load Up: Bullish Sign Or Bear Trap? The next few days will be crucial in determining Bitcoin’s near-term direction. Traders are closely watching the $103,600 resistance and $100,000 support levels, as these thresholds will dictate whether BTC continues its rally or enters a corrective phase. Featured image from Dall-E, chart from TradingView 

#bitcoin #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin price action #bitcoin correlation #bitcoin correlation with stock market

Bitcoin has surged past its all-time high again, reaching an impressive $108,300 and solidifying its position as the market leader. This rally marks a continuation of Bitcoin’s push into price discovery, fueled by growing investor demand and positive global market sentiment. Notably, many major markets, including U.S. stocks and gold, are also experiencing upward momentum, […]

#bitcoin #btc #bitfinex #crypto market #btcusdt #bitcoin ath #bitcoin peak #us election #bitcoin predcition #bitcoin bull cycle top #crypto bull run 2024

As we approach the end of the year, Bitcoin (BTC) continues flying to new highs, setting bullish expectations for the rest of the cycle. Bitfinex’s latest reports suggest when BTC’s peak could come and how much climbing might be left for the flagship crypto. Related Reading: Bitcoin To Hit $180,000 If These Cycle Top Indicators Are Absent, Says VanEck’s Sigel Bitcoin’s ‘Unique’ Cycle In its latest Alpha Report, Bitfinex highlighted the crypto industry’s big strides in adoption and mainstream recognition this year, which have differentiated this cycle from previous ones. Notably, the launch and increasing institutional demand of Bitcoin and Ethereum spot exchange-traded funds (ETFs) have surpassed expectations and attracted a “new class of investors” to the crypto space. Per the report, this cycle has been “unique” as these new investors brought by ETFs and increasing confidence in the sector sent BTC’s price to a new ATH ahead of the Halving event, historically leading the flagship crypto to a new high after 5-7 months. The industry also saw a growing interest in diversifying national reserves with cryptocurrencies, with several jurisdictions worldwide considering implementing a Strategic Bitcoin Reserve after the flagship crypto’s recent performance. According to Bitfinex analysts, these factors have kept BTC’s corrections smaller than other cycles and will likely continue this trend for the rest of the bull run: In the current bull cycle, which began in mid to late 2023, Bitcoinʼs corrections have been smaller, particularly since the launch of Bitcoin ETFs in early 2024. With institutional and ETF demand providing consistent buying pressure, we expect this trend to continue, keeping future corrections limited and potentially shorter in duration. Moreover, the upcoming crypto-friendly US administration added to the growing bullish sentiment surrounding the industry, leading to the massive post-election rally. As a result, the crypto market has grown 130% year-to-date (YTD) to a market capitalization of $3.69 trillion, increasing nearly 70% this quarter. What’s Next For Bitcoin This Cycle? The report noted Bitcoin’s performance, highlighting its 573% surge from its 2022 low of $15,487. The flagship crypto has also seen an increase of 130% year-to-date (YTD), fueled by this year’s industry achievements. Earlier this month, Bitcoin broke past the $100,000 barrier for the first time, setting a new ATH closer to the $110,000 level on Monday. According to Bitfinex, the cryptocurrency still has several levels to climb in 2025, as historical data indicates that the market is mid-cycle. This data suggests BTC’s price will likely peak around Q3 and Q4 2025, as it tends to do approximately 450 days post-halving. Meanwhile, metrics like Market Value to Realized Value (MVRV), Net Unrealized Profit and Loss (NUPL), and the Bull-Bear market indicator signal that “we remain in the bull phase but far from euphoric peaks.” Bitfinex also explained that the Pi Cycle Top Indicator has historically been effective in timing cycle highs, forecasting the peaks with a three-day window. The previous cycle’s predictions indicate that Bitcoin could peak between mid-2025 and early-2026. Related Reading: PNUT Memecoin Drops 10% Following Peanut’s Owner Legal Warning To Binance If it follows the 2021 cycle pattern, BTC could see its price experience a 40% increase to $339,000 and peak around June or July 2025. Nonetheless, the report notes that the flagship crypto has been on a trend of diminishing returns over the cycles. Based on this, Bitcoin’s price might see a 15% to 20% increase to the $160,000-$200,000 range instead. However, if the cryptocurrency mirrors 2017’s cycle pattern, BTC’s rally could extend until January of 2026, peaking at $229,000 with similar diminishing returns. As of this writing, BTC is trading at $107,729, just 0.3% below its ATH. Featured Image from Unsplash.com, Chart from TradingView.com

#bitcoin #bitcoin price #btc #bitcoin news #btcusdt #bitcoin coinbase premium gap #bitcoin ath #bitcoin demand #bitcoin price action

Bitcoin surged to a new all-time high today, reaching $106,533 and solidifying its position as the market leader in this ongoing bull run. The price action has been exceptionally bullish, offering only three quick chances for investors to buy small dips in recent weeks. This relentless upward momentum has captivated the market as BTC continues […]

#bitcoin #bitcoin price #btc #bitcoin news #btcusdt #bitcoin ath #bitcoin $100k #bitcoin bull cycle #bitcoin price discovery

Bitcoin has shattered its all-time high, reaching $106,500 just a few hours ago, setting the stage for an even bigger move. After trading in a sideways range within an ascending triangle for weeks, the price finally broke through the crucial $103,600 resistance level established on December 5. This breakout has sparked renewed excitement, with traders and investors now eyeing Bitcoin’s next potential targets. Related Reading: Ethereum Forming A Symmetrical Pattern – Key Resistance At $4,100 Top analyst Jelle shared his insights on X, highlighting that Bitcoin’s breakout from the ascending triangle is a clear bullish signal. According to his technical analysis, the pattern indicates significant upside potential, with Jelle setting a $130,000 price target for BTC in the coming weeks. He noted that the breakout marks a shift in market sentiment, paving the way for sustained momentum as Bitcoin continues its climb. This milestone solidifies Bitcoin’s dominant position in the crypto market as the leading asset, attracting attention from both retail and institutional investors. Now, the focus turns to whether BTC can maintain its bullish momentum and how quickly it might reach the $130,000 target. The market awaits the next move, with analysts emphasizing the importance of Bitcoin holding above its previous resistance to sustain this historic rally. Bitcoin Price Remains Strong  Bitcoin has been consolidating around the $100,000 mark since late November, creating a tense atmosphere among investors who are now speculating about a potential correction. Despite this, Bitcoin’s price action remains firmly bullish, with consistent support above key levels, suggesting that the uptrend is far from over. The consolidation phase, while uneventful on the surface, often sets the stage for significant moves. Top analyst Jelle recently shared his technical analysis on X, highlighting that Bitcoin has broken out of an ascending triangle formation—a bullish continuation pattern that signals further upside potential. Following this breakout, Bitcoin has re-entered price discovery, pushing beyond its previous all-time high and igniting fresh excitement among market participants. Jelle has set an ambitious $130,000 target for Bitcoin, emphasizing that the breakout could accelerate the asset’s momentum in the coming weeks. As Bitcoin’s rally progresses, the broader market dynamics are likely to shift, with altcoins historically following BTC’s lead during bull runs. Analysts and investors anticipate that once Bitcoin resumes its climb, the altcoin market will respond with its own significant gains, marking the start of another euphoric phase for the crypto space. Related Reading: AAVE Dominates DeFi Lending – Metrics Reveal 45% Market Share For now, all eyes remain on Bitcoin, with its ability to sustain above $100,000 and break through resistance levels like $103,600, which is critical for maintaining its bullish trajectory. Testing Fresh Supply Into Price Discovery Bitcoin is trading at $105,100 after reaching a new all-time high at $106,533 earlier today. The price broke above the critical $102,200 resistance, a level that had previously capped upward movements. This breakout has reignited bullish momentum, signaling that Bitcoin could be on track for even higher prices. For the rally to sustain, the $102,200 level must now act as support, providing a solid foundation for the next leg up. If Bitcoin holds above this level, traders anticipate continuing toward higher targets, with $110,000 and beyond within reach. However, market volatility remains a concern. A loss of the psychological $100,000 mark could signal underlying weakness, leading to a potential correction. In such a scenario, BTC might retrace to test lower demand zones, possibly around $95,000, before finding renewed support. Related Reading: ONDO Exchange Inflows Grow – Volatility Ahead? Despite the risks, Bitcoin’s bullish structure remains intact as long as key levels hold. The breakout above $102,200 highlights strong buying interest, and many analysts believe this could be the start of an extended rally. However, the next few days will be crucial in determining whether Bitcoin can maintain its momentum or if it will face a short-term pullback. For now, the market is closely watching for Bitcoin’s next move. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin news #btcusdt #bitcoin technical analysis #bitcoin ath #bitcoin price anaysis #bitcoin bull cycle

Bitcoin has remained range-bound between $99,000 and $102,000 since breaking above the psychological $100,000 level. While the breakout initially sparked excitement among investors, the current price action reflects market indecision, with no clear direction for the weeks ahead. Concerns about a potential correction linger as the broader market awaits stronger signals to confirm the next trend. Related Reading: Solana To New ATH Before Christmas – Analyst Expects $300 Soon Top analyst Axel Adler recently shared insights on X, supported by data from CryptoQuant, highlighting two crucial support levels at $90,000 and $93,000. These levels represent key demand areas, underscoring that the market floor has moved higher—a positive sign of resilience even amid the uncertainty. According to Adler, these supports could act as safety nets, absorbing selling pressure if Bitcoin fails to sustain its momentum above $100,000. Despite the hesitation, Bitcoin’s ability to hold above $100,000 for consecutive days has provided some optimism among investors. It remains uncertain whether the market will break out of its current range to continue the bull run or face a correction. For now, all eyes are on Bitcoin’s price action near these critical levels as traders look for clues that could set the tone for the remainder of the year. Bitcoin Technical Details Explained Bitcoin has faced choppy price action recently, leaving the market in anticipation of the next big move, whether upward or downward. Traders and investors remain cautious, closely watching key technical and macroeconomic signals. The uncertainty has kept Bitcoin trading between $99,000 and $102,000 as market participants wait for a decisive breakout. Top analyst Axel Adler recently shared a detailed macro analysis on X, shedding light on Bitcoin’s current position. According to Adler, the market has established two crucial support levels at $90,000 and $93,000, signaling that the overall market floor has shifted higher. These levels could act as strong safety nets if Bitcoin experiences a short-term pullback. Adler emphasized that these supports reflect growing confidence in Bitcoin’s long-term potential despite the current indecision. One notable observation is the decline in trading volume peaks, which presents a neutral signal. This indicates that traders avoid excessive risk, preferring to wait for clearer market signals before entering significant positions. The declining volume also suggests a reduced likelihood of extreme price volatility in the immediate term. Related Reading: Dogecoin Whales Bought 210 million DOGE During Recent Correction – Bullish Signal? With Bitcoin stuck in its current range, the market remains highly sensitive to external factors. Any significant news or events could quickly trigger a breakout or breakdown, setting the stage for Bitcoin’s next major move. BTC Price Action  Bitcoin is trading at $100,100 after failing to break above its all-time high of $103,600. The current consolidation reflects market indecision while the price remains above key demand levels. Bitcoin’s resilience above $100,000 suggests bullish momentum may still be in play, as buyers look for opportunities to push the price higher. However, the next few days will be critical. A correction could be imminent if Bitcoin fails to hold above the psychologically significant $100,000 level and struggles to find the momentum to surpass $103,600. Analysts warn that a break below $100,000 could trigger a wave of selling pressure, pushing the price toward lower support zones. The $93,000 level is a crucial area to watch during a downturn. Losing this key support would significantly heighten bearish risks, as it represents a critical demand zone for the market. A failure at this level could result in a sharper correction, potentially challenging Bitcoin’s bullish structure. Related Reading: Cardano Follows 2020 Bullish Pattern – Analyst Plans To Take Profits Between $4 And $6 Bitcoin’s ability to hold above $100,000 provides a cautious sense of optimism. If bulls can maintain support and fuel a breakout above the all-time high, Bitcoin could enter a new price discovery phase. However, the high stakes make every move above or below these levels pivotal for short-term direction. Featured image from Dall-E, chart from TradingView

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin whale buying #bitcoin whale activity

Bitcoin has experienced significant volatility in recent weeks, struggling to maintain its position above the $100,000 mark after breaching it last week. Despite the choppy price action, Bitcoin’s long-term outlook remains robust, with key metrics pointing to continued institutional and smart money interest in the asset. Related Reading: Ethereum Breaks Multi-Year Bullish Pennant – Strong […]

#bitcoin #btc #crypto market #crypto bull run #btcusdt #crypto analyst #crypto trader #bitcoin ath #bitcoin bullish breakout #bitcoin $100k #bitcoin retrace

After surpassing its $100,000 milestone, Bitcoin (BTC) recorded its largest retrace in the past month before recovering. Amid the flagship crypto’s performance, some analysts have suggested the levels to watch and the next stops for BTC’s rally. Related Reading: Ethereum To Pull A BTC 2021-Like Rally? Analyst Shares Massive Prediction Bitcoin Rally To Continue Above $100,000 On Thursday, Bitcoin hit its latest all-time high (ATH) of $103,600 in an 8% daily jump. The largest cryptocurrency by market capitalization broke out of a one-month bullish pennant and smashed past the $100,000 barrier for the first time in history. After the impressive surge, BTC retraced to the $98,000 mark before briefly plummeting to the $90,000 support zone. This 13% correction marks the largest drip for the flagship cryptocurrency since the post-election rally started a month ago and triggered around $1 billion in liquidations, its largest since August. Nonetheless, Bitcoin quickly recovered the $97,000-$98,000 price range, followed by a retest of the previous ATH levels around $99,000 on Friday morning. Renowned crypto analyst Ali Martinez noted that BTC’s rally seemingly depends on a key support level. Martinez revealed the most significant support zone for Bitcoin was the $96,870 mark, where over 1.45 million addresses bought 1.42 million BTC. The analyst explained, “As long as this demand zone holds, there is a good probability that BTC will continue marching higher.” Moreover, he highlighted that the local Bitcoin top is not in yet, as these are “usually reached around the Short-Term Holder Cost Basis +1 standard deviation.” Per the analyst’s chart, this level stood at $112,926 at the time of the report, suggesting that BTC could jump another 13% before seeing the first major retrace. Will BTC Repeat Its 2017 Move? Crypto analyst Jelle pointed out that Bitcoin is still “following the Q4 2023 fractal closely” despite the dip. He suggested that now that the flagship crypto “took out the liquidity on both sides,” it would start pushing back to the $100,000 milestone. Jelle suggested that BTC would range until Christmas, when he forecasts the “true breakout” will happen if it continues following last year’s steps. Additionally, he noted that yesterday’s $100,000 candle resembles BTC’s candle when it first surpassed the $10,000 mark. In November 2017, Bitcoin rallied to $10,000 for the first time, hitting the $11,000 range before plummeting to $8,500. The following day, the largest crypto saw its price recover from the correction and retest the $10,000 barrier, finally turning it into support on the third day. After that, Bitcoin rallied around 90% in the next few weeks to the $19,000 2017 ATH. Based on this, the analyst suggests that the recent price volatility is “totally normal” and will push higher soon if it repeats history. Related Reading: Tron (TRX) Leads The Crypto Market With 100% Rally To New ATH, $0.5 Next? After the recovery, BTC successfully retested the bullish pennant, setting the stage for a six-figure price “once and for all,” Jelle stated, with the liftoff targeting the $130,000 level. As of this writing, the flagship crypto trades at $101,050, a 4.7% increase on the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com