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The shallow bear market forecast comes as the Bitcoin bull cycle turns bearish amid negative market conditions. Given the current state of the crypto market, all on-chain statistics indicate that a bear cycle is underway. However, according to an analysis by CryptoQuant, the upcoming red season will not be as severe as the previous ones. […]
Demand has dried up and BTC has fallen below the 365-day moving average. Could the market already be in bear season, or is this just a deep correction? Bitcoin (BTC) is currently experiencing its deepest correction in this bull cycle. Before recovering some ground to $87,000 at the time of writing, it had been dumped […]
We will also look at the main reasons behind BTC’s 25% decline since October, according to analysts. Bitcoin’s price fell again to a new six-month low of $93,000 on Sunday afternoon. On the surface, the reasoning behind the latest crash is rather thin, as no significant catalysts can be attributed. However, the Kobeissi Letter’s analysts […]
The regression model suggests that a return to the trend midline could lift Bitcoin to $175K, with the upper band targeting $300K. A prominent analyst is pushing back against growing fears that Bitcoin (BTC) is entering a prolonged downturn. The market technician uses historical price models to show that the current weakness is a typical […]
Bitcoin’s recent drop below $104,000 saw the market enter “extreme fear” territory for the first time since April. Bitcoin (BTC) made a major bearish shift this past weekend, with the price falling below $104,000 on Friday, October 17, after days of zigzagging between $116,000 and $108,000. The drop put the market in “extreme fear” for […]
Bitcoin critic Peter Schiff has doubled his position and this time claims that the flagship is cryptocurrency in a bear market. However, the crypto community pushed back against his comments, with many who argued that his analysis was too heavily dependent on data in the short term. BTC Down 20% against gold The economist rejected […]
The Bitcoin Bull Score, a composite metric tracking MVRV Z score, cycle inducators and profit margins for traders, went to 20, a lecture that is historically related to Bearish circumstances. This signal comes at a time when BTC acts at just over $ 113,000 and floats above the most important support levels, although the cracking […]
“The old money current cycle breaks,” said Crypto trader ‘Kororh AK’ On Wednesday are 376,000 x followers, referring to the previous cash pattern that turns from Bitcoin to Ether and then to Altcoins. “Now we have to navigate insulated mini-cycles where only some sectors are pumping, while others are left behind,” he added. The flow […]
With Bitcoin who breaks his earlier all-time highlights several times during this cycle, including a peak of more than $ 124,500 marked just a few days ago, speculate analysts and commentators now or the top has already arrived. The experienced trader Peter Brandt quoted on-chain statistics shared by Colin Talks Crypto and gave it a […]
