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Bitcoin open interest sparked a prediction of high BTC price volatility to come as $70,000 remained the bulls’ key reclaim level.
Bitcoin copied a relief rally in stocks, but concerns focus on downside liquidity and looming 50-day moving average resistance.
Bitcoin faced two death crosses and the total failure of the $74,000 BTC price breakout headed into the second week of March as the US-Iran […]
Bitcoin price weakness brought back the risk of cementing its 200-week exponential moving average trend line as new resistance.
Bitcoin erased its latest breakout attempt after hitting $74,000 as surprisingly weak labor-market data offered no tailwind to crypto or risk assets.
Bitcoin exchange withdrawals spiked to more than $2 billion of BTC on Wednesday, with analysis eyeing a potential major spot buy.
BTC price upside lost momentum after hitting one-month highs as more traders joined bearish predictions for Bitcoin’s next move.
Bitcoin liquidity analysis described bulls as in control after the trip to $74,000, but a support retest could take BTC price action almost $10,000 lower.
A new Bitcoin death cross would ensure continuation of the bear market unless a “major bullish catalyst” appears, per new BTC price analysis.
BTC price upside returned during Wednesday’s Asia trading session as Bitcoin attacked a long-term trend line and psychological levels.
