Bitcoin has extended its rally after a clean breakout from the descending channel, reclaiming primary structural levels and driving toward the $122K–$124K all-time high. While momentum remains strongly bullish, the market is still exposed to a brief pullback toward $114K–$118K to rebalance before any potential continuation toward new highs. Technical Analysis By Shayan The Daily…
Bitcoin surged past $119K, liquidating $475M in shorts, with analysts saying $130K is realistic if the momentum holds. The price of Bitcoin (BTC) rose to a seven-week peak of $119,400 on October 2, as a wider crypto market revival added approximately $165 billion to the sector’s total value in a single day. This upward movement,…
Despite the current crypto market consolidation, investors are looking to boost their crypto profits through altcoins. Last week, the crypto market was engulfed by a wave of bearish trends as the prices of top assets dropped. Bitcoin (BTC), for instance, fell below the $110,000 threshold to a market price of $108,500 during the week. This…
TL;DR Bitcoin’s exchange supply ratio fell to 0.029, showing fewer coins available for trading on Binance. Perpetual open interest dropped from 395K BTC to 378K BTC after the Fed’s rate decision. Analysts track $116.7K and $113K as key levels as Bitcoin consolidates near yearly highs. Exchange Supply Ratio Declines on Binance Bitcoin’s Exchange Supply Ratio…
Bond markets are sending out warning signs, and crypto traders are paying attention. This week’s sharp flattening of the U.S. Treasury yield curve has started a new debate about whether the global economy is slowing down. If it is, Bitcoin and other risky assets could become more volatile. Yield Curve and Macro Risks Put Bitcoin…
Major cryptocurrency exchanges are experiencing notable changes in stablecoin holdings, with Binance at the forefront. The exchange has increased its reserves significantly this year, signaling strong market confidence in both its platform and in digital dollar assets. This expansion at Binance reflects a broader trend across the sector, as stablecoin liquidity on centralized exchanges has…
TL;DR Analyst Merlijn sees Bitcoin forming two inverse head and shoulders patterns, projecting a $150K rally. Resistance near $111K remains firm, with downside targets near $103K if the price fails to break higher. Businesses allocate 22% of their profits into Bitcoin, while institutions add $43.5B to their balance sheets in 2025. Double Inverse Head and…
TL;DR Long-term Bitcoin holders show heavy activity, historically seen near market tops or correction periods. Whale balances drop to levels last seen in 2018, suggesting continued quiet distribution. Bitcoin breaks multi-week downtrend, but profit-taking and whale exits raise short-term caution. Long-Term Holders Begin Moving Coins Recent data shows that wallets holding Bitcoin for long periods…
Bitcoin has entered a corrective phase after its recent all-time high, with the price consolidating at key supports and on-chain data showing increased profit-taking. Market sentiment is cautious, and the next move will decide whether the pullback extends or a fresh bullish leg begins. By Shayan The Daily Chart BTC has broken down from its…
TL;DR Bitcoin forms a weekly Golden Cross, repeating a setup seen before major historical price rallies. Price eyes $110,100 resistance, with potential upside to $112,500 if momentum holds above support. Traders note calm market conditions, with many watching for a strong breakout in Q4. Golden Cross Returns, Is BTC Ready? Bitcoin has printed a Golden…