Bitcoin is trading near $110,000, but its long-term profit-and-loss signal is showing the same curve alignment that preceded each of the three major sell-offs in its history. The 365-day moving average of the PnL Index, tracked by CryptoQuant, hit similar numbers in 2013, 2017 and 2021, and each time, there was a drop of about
Story Highlights Bitcoin plunges to $108K as Fed’s cautious stance sparks sell-off; analysts warn a drop to $88K if sentiment fails to recover. Market fear grows as long-term holders sell BTC; traders eye $113K resistance and $100K support to gauge Bitcoin’s next move. The crypto market is crashing today, with Bitcoin (BTC) Price struggling to
Key takeaways BTC is down 3% in the last 24 hours and is now trading below $108k. The bearish performance comes as momentum in the market continues to weaken. Bitcoin slips below $108k The cryptocurrency market is opening the weekly candle bearish, with Bitcoin and other major cryptocurrencies suffering huge losses in the last 24
Net Bitcoin purchases by institutional investors have fallen below the daily issuance rate (mining supply) for the first time in seven months. According to a crypto investment analyst, this signals a concerning shift in market dynamics. On Monday, Charles Edwards, head of Capriole Investments, shared the stark data on his X account. Expressing immediate concern,
Bitcoin fell sharply below $108,000 on Monday, triggering one of the largest liquidation waves seen in weeks. The move extended the weakness seen at the end of October, and reignited fears of short-term volatility in the broader crypto sector. According to CoinMarketCap, Bitcoin was last changing hands near $107,482, down 2.85% over the past 24
Bitcoin fell below $108,000 as rising reserves on Binance and cooling institutional demand indicate a loss of short-term momentum. Summary Bitcoin price has retraced 2.7% in the last day with 63% higher daily volume. Binance data shows fading bullish alignment as exchange reserves climb. Technicals lean bearish with support at $106K and resistance near $111K.
Bitcoin’s minor rally on Sunday ended with another rejection that pushed the asset south hard to just over $107,000 minutes ago. Aside from the POTUS’s most recent comments on several highly volatile topics, BTC OG wallets have deposited large amounts to centralized exchanges with the most likely plan to sell them. Trump’s Impact US President
Mark Newton, senior analyst at the fund founded by Tom Lee, stated in a post on the social media platform X that many analysts argue that the cryptocurrency market has reached its peak based on classical technical indicators, but he does not agree with this view. Newton listed five key reasons why the current market
In a recent interview with Anthony Pompliano, crypto bull and Bitmine Chairman Tom Lee explains how gold helps Bitcoin’s future terminal price. Bitcoin historian Pete Rizzo shared an insight from the discussion while predicting that Bitcoin might reach $3 million. Rizzo shared a snippet of the discussion where Lee discussed Bitcoin and Ethereum’s potential with