Fear & Greed Index expected to cross 80, a classic sell signal from past cycle tops, with nearly all BTC supply now sitting in profit. Bitcoin (BTC) reached a new all-time high of almost $126,000 over the weekend, continuing its long-term rise in price. But a well-known market analyst is now warning that the current…
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…
Bitcoin’s price crashed hard in the past week, losing over twenty grand in just days and dropping to the lowest levels since mid-November 2024. Such a substantial price decline naturally brings the question of whether this is just another ‘normal’ dip or whether the bull market has been cut short. End of Bull Market Narrative…
February began on the wrong foot, even though it’s historically a highly positive month for bitcoin. This time, though, the cryptocurrency plunged last Sunday and Monday by $15,000 within days. Although the asset has failed to recover most of the losses since the end of January, the overall bullish sentiment remains strong on several fronts….
With the current bull cycle possibly on its last legs, many crypto experts are optimistic that the leading cryptocurrency will attain never-before-seen heights before the end of the year. Blockchain analytics platform CryptoQuant revealed in its latest research that Bitcoin (BTC) could soar to a peak between $145,000 and $249,000. While stressing that institutional adoption…
It’s safe to say that the highly-anticipated 2024 bitcoin bull run is not going as planned, even though the asset managed to break its 2021 all-time high early on. However, it has lost some traction and speed on the way toward the coveted $100,000 mark, but Perplexity listed some of the factors that could propel…