In Brief Bitcoin (BTC) struggles below $100,000 as bearish DMI signals growing selling pressure. Ichimoku Cloud shows potential for reversal if BTC breaks above resistance zones. Key support at $94,818, with resistance at $97,756 and $100,000 if bullish momentum returns. Bitcoin (BTC) has been trading below $100,000 since February 5, facing continued resistance despite attempts…
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In Brief Bitcoin’s MVRV long/short difference at 27.25% highlights bullish momentum, signaling potential gains above $103,900. The RHODL ratio confirms BTC hasn’t reached its cycle top, supporting the possibility of further price increases. A breakout from the bull flag pattern positions BTC for a potential rally to $112,500, with downside risk to $89,867. Since Bitcoin’s…
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In Brief Bitcoin jumped above $99,000 after Jerome Powell likened it to gold and Trump announced a pro-crypto SEC nominee. The Federal Reserve Chair emphasized Bitcoin as speculative, not a currency replacement, during the NYT DealBook Summit. Trump’s nominee, Paul Atkins, signals a potential shift to more crypto-friendly regulations and wider institutional adoption. Bitcoin surged…
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In Brief Bitcoin historically gains in Q4, with an average 26% increase since 2019, despite weak Q3 performance. Bitcoin’s Realized Price at $31,400 suggests potential support, indicating possible Q4 price rise for it. BTC price may rise in the early October, but failure to break above 200-day EMA could lead it $54,474. Bitcoin’s (BTC) price…
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In Brief Plan B predicts cites historical trends where Bitcoin priceincreased fourfold after crossing the 200-week Moving Average. Another analyst supports a future price increase, suggesting that Bitcoin is nowhere near the coming of a bear market. Despite recent price consolidation, the decreasing Sell-Side Risk Ratio suggest the bull market may still be in its…
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In Brief Although Bitcoin has shed some losses, distribution from holders signals that the coin’s troubles are far from over. Spot Bitcoin ETFs recorded persistent outflows last Friday, giving further credence to the sentiment. BTC price is closing in on the supply zone around $62,477, suggesting that it may retrace to $60,499. Bitcoin (BTC) holders…
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In Brief A key metric, which has historically been pivotal to Bitcoin’s price, suggests that sellers exhaustion has set in. Positive signs emerge with higher bid than ask on-chain, and a high concentration of liquidity at $58,037. BTC looks set to retest $58,251 but trading below the 20-day EMA indicates weakness. Over the weekend, Bitcoin…
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In Brief An early Bitcoin miner, launched Bitcoin Express in 2010 for trading with PayPal. He lost 25,000 BTC in 2011 due to poor security, a theft worth $1.6 billion today. His story emphasizes the importance of securing private keys offline for cryptos. ALLINVAIN’s journey in the early Bitcoin era highlights the potential and inherent…
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In Brief Binance Coin is poised to be one of the best-performing assets, given its ongoing consolidation and proximity to forming a new ATH. PEPE, which has already noted a 585% growth in the last three months, could still rise by another 41%. Tron (TRX) just prevented a death cross on the daily chart, providing it…
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In Brief Bitcoin price is validating a Wyckoff pattern, suggesting a rally is likely following the halving event. Relative realized profits show that despite a new ATH, selling has not been as significant as the 2021 cycle. Substantiating the conviction is the accumulation since February, continuing this month, with investors buying $728 million in BTC…
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