Bitcoin continues to trade within a tight range, but beneath the surface, structural weakness is becoming increasingly apparent. With the price below the key level of $72,000, it now acts as resistancethe broader technical outlook remains fragile, and any near-term consolidation may simply mask the underlying downside risk. Bitcoin is entering a clear corrective phase […]
Keshav is currently a senior writer at NewsBTC and has been associated with the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in various niches, even fiction at one point, but the cryptocurrency industry is the longest he […]
Bitcoin price corrected gains and tested the USD 67,500 support. BTC is now recovering and could aim for an upside break above $69,500. Bitcoin recovers losses and goes higher above $68,500. The price is trading above USD 68,800 and the 100 hourly moving average. A descending channel is forming with resistance at $69,550 on the […]
Bitcoin’s recent price drop has made many traders nervous betting on even more disadvantage, with on-chain data showing a notable increase in bearish positioning on major crypto exchanges. According to on-chain data from Santiment, overall funding rates have turned deeply negative. This level of deep shorting has not been seen in Bitcoin since August 2024, […]
The Bitcoin price did not stay above $70,000 and started to decline again. BTC is now trading below $68,800 and could extend short-term losses. Bitcoin is slowly falling below $69,500 and $69,200. The price is trading near $68,400 and the 100 hourly simple moving average. There was a break below a bullish trendline with support […]
With Bitcoin (BTC) trading about 50% below its all-time high, investors are once again asking the familiar question: How long does the recovery typically take? Market analyst Sam Daodu believes history offers valuable clues. No systemic Bitcoin collapse this time? Daodu notes that steep corrections are not unusual for Bitcoin. Since 2011, the cryptocurrency has […]
Bitcoin is once again facing notable selling pressure. The market is facing a challenging phase characterized by weakening momentum and cautious investor positioning. Recent price action suggests that bullish belief has weakened. Traders are increasingly alert to liquidity conditions, macro uncertainty and changing market sentiment. While volatility is not unusual at this stage of the […]
The Bitcoin price crashes towards $60,000 has sparked debate in the crypto market, but recent analyzes from BitQuant’s market experts explain why this move was inevitable and necessary. According to the company, BTC’s sharp decline is not the result of widespread panic or manipulation, but rather a natural development in the market structure. The company […]
Advertisement     A senior BlackRock executive said Asian household wealth could serve as a major driver of digital assets if investors allocate even a small portion of their holdings to crypto. Nicholas Peach, head of APAC iShares at BlackRock, has stated that a modest 1% allocation within standard portfolios could potentially translate into trillions […]
The Strategy’s leadership is pushing back against this growing concerns that the world’s largest corporate holder of Bitcoin (BTC) could face serious financial stress if the cryptocurrency’s price continues to fall. After the company announced its fourth-quarter results, CEO Phong Le sought to reassure investors that the company remains well-positioned even as Bitcoin fell nearly […]