Introduction Bitcoin futures have extended their decline, currently trading at 80,470. The recent sell-off has pushed BTC below both the 50-day (95,831) and 100-day (91,592) moving averages, intensifying the bearish sentiment. The market remains under pressure as risk-off sentiment weighs on crypto assets. Market Drivers & Crypto News Impacting Bitcoin 1. ETF Outflows and Institutional Read More…
Introduction Bitcoin CME futures (BTC1!) have pulled back after reaching recent highs, with price now testing mid-channel support. The broader trend remains bullish, but momentum is slowing as profit-taking and resistance near key Fibonacci levels weigh on price action. As of today, Bitcoin is trading at 89,640, down -5.32% on the week and 22% from Read More…
Introduction Bitcoin CME futures have consolidated after the recent explosive rally. The crypto hit a new all-time high of $108,960 in December, but the market now appears to be catching its breath. Let’s see what the technicals are telling us. Technical Analysis Bearish Divergence on RSI 50-Day SMA Acting as Dynamic Support Higher Highs & Higher Lows Still Read More…
Introduction Following our previous analysis from November 2024, Bitcoin hit our anticipated $110,000 target, delivering a massive 30% rally. However, since then, the market is showing signs of exhaustion, with price pulling back to around $93,690 (-15%). Technical Analysis Bearish Divergence on RSI Short-term Retracement Underway Moving Averages as Support Bullish Case: Higher Highs in Read More…
Introduction A trader on TradingView has shown us an interesting long-term analysis for Bitcoin, targetting a peak between $113,000 and $120,000 USD. This pump is due to Donald Trump’s pro-crypto policies and a favorable regulatory outlook. Bitcoin has doubled in value this year and surged 40% since the U.S. election, as investors get bullish on Read More…
Bitcoin Bulls Buy Back Bitcoin has maintained its position as the leading cryptocurrency in 2024, building on the momentum generated by the historic approval of spot Bitcoin ETFs in January. The digital asset, which started the year trading around $45,000, has rallied 58% since January. Wall Street’s traditional finance giants, including BlackRock and Fidelity, have Read More…
