Bitcoin’s price has found support at a key level, but is still more likely to drop lower if underlying market dynamics don’t shift quickly. With the momentum also on the side of the sellers, buyers might be on the verge of capitulating. BTC Price: Technical Analysis By Shayan The Daily Chart On the daily chart,
Bitcoin’s price is on the rise again. It dropped to $108,600 on Tuesday, but it quickly, but briefly, rebounded above $112,000. Selling pressure briefly increased, causing a spike in exchange inflows. Now, those inflows are falling again. Crypto analyst CryptoOnchain sees the dips stopping and believes a further Bitcoin drop is unlikely, citing CryptoQuant data
Bitcoin is back on every trader’s radar after slipping to its lowest level in seven weeks, hovering near the $111K handle. The move caps a sharp pullback from early-August highs and lands right as macro tensions spike over the Federal Reserve’s independence. It’s the perfect cocktail for a high-volatility week: price weakness, political shock, and
Michael Saylor, a co-founder of Strategy and a vocal Bitcoin supporter, has taken to the X social media network to publish a post as he reacted to BTC’s reversal to the $110,000 level after it failed to stay above $112,000. Saylor’s tweet ignited the global crypto community, triggering a discussion. Saylor makes big Bitcoin reminder
Bitcoin price dropped below the $110,000 threshold again today after it made an attempt to climb past $110k. Analysts discovered that the 30-day moving average has fallen to its lowest level. Summary Bitcoin price fell below $110,000 ass its 30-day moving average plummets to the lowest level since 2018. The downward trend may be a
As Bitcoin (BTC) seeks to maintain its price above the $110,000 mark, technical indicators suggest further losses may be looming. Specifically, the threat of an additional downturn is highlighted by a ‘death cross’ on the Moving Average Convergence Divergence (MACD) indicator, according to insights from cryptocurrency analyst Ali Martinez in an X post on August
Crypto data provider CryptoOnchain has highlighted a notable development in the Bitcoin market. According to the statement, Bitcoin’s 30-day moving average Taker Call/Sell Ratio has fallen to its lowest level since May 2018. Bitcoin Bid-Sell Ratio Hits 6-Year Low: Selling Pressure Grows The Taker Buy/Sell Ratio is a key indicator measuring the balance of buy
Bitcoin BTC$111,247.95 long-term holders (LTHs) have already realized more profit in this cycle than in all but one previous cycle (2016 to 2017), according to data from on-chain analytics platform Glassnode. This underscores elevated sell-side pressure and, when combined with other signals, suggests the market has entered the late phase of the cycle”. Since the
KindlyMD (NAKA), the Nasdaq-listed health-care company that recently merged with bitcoin BTC$110,981.61 treasury firm Nakamoto, is set to offer as much as $5 billion in equity to fund the purchase of more BTC. The Salt Lake City-based firm filed a shelf registration statement with the U.S. Securities and Exchange Commission (SEC) for an at-the-market equity
The Bitcoin price has struggled to break free from selling pressure. Over the last seven days, BTC dipped about 3%. In the last 24 hours, gains have been only 0.3%, and even the hourly chart shows no real movement. This range-bound action reflects a tug-of-war between buyers and sellers. On-chain data, however, shows one hopeful