Bitcoin closed March with a 2% gain, breaking its longest monthly losing streak since 2018 and sparking hopes for a strong rebound similar to past cycles. Historical data shows that after similar multi-month declines, Bitcoin saw over 300% price gains in the following months. However, April has shown mixed results historically, so price volatility is expected. Key resistance levels to watch are between $70,000 and $72,000, where significant sell pressure may occur, with potential upside targets at $76,000 and $80,000 if broken. On the downside, support levels include the 200-week EMA near $68,300 and the realized price around $54,000, which could mark a bear market bottom if breached.
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Bitcoin price briefly rose to nearly $65,470 following softer US inflation reports, raising hopes the Federal Reserve might pause rate hikes. However, profit-taking by long-term holders and whales around the $65,000 resistance led to a pullback towar...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Bitcoin is currently trading around $64,878 but faces potential downside risks, with analysts projecting a possible drop to $38,000–$39,000 based on past four-year bear market cycles. This would represent a roughly 40% decline from current levels and...
