Bitcoin price has legs above $100K despite holders booking record profits — Analysis
The Bitcoin market has yet to reach the unsustainable euphoria typically observed at the peaks of previous BTC price bull runs.
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The Bitcoin market has yet to reach the unsustainable euphoria typically observed at the peaks of previous BTC price bull runs.
Bitcoin’s performance against gold has hit resistance levels that historically align with the start of 2018-2019 and 2021-2022 bear markets.
Bitcoin whale accumulation, chart technicals, and a declining stablecoin dominance hint at a BTC price bull run ahead.
Bitcoin’s price rejection at $68,500 and the record high use of leverage could be signs that BTC is in for a sharp correction.
Bitcoin open interest is testing a yearly high range of $35B while spot volumes remain skewed towards the sell side, indicating higher downside volatility.
Bitcoin’s significant drop in capital inflows over the last six months is contributing to the current price consolidation.
Bitcoin and SPX share a high correlation index as the U.S. stock approaches a new all-time high a day before the Fed cuts interest rates.
Bitcoin price technical setups, including a “cup and handle” pattern, suggest an explosive move to $100,000-$150,000 over the coming months.
Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed between near […]
Bitcoin’s downward price action led to another round of liquidations, with over $78 million over the past 24 hours.
