Bitcoin recently fell below the $80,000 level after failing to maintain gains above it, raising concerns of a major price drop. Analyst Kabuki predicts a decline to $61,000, then $47,000, with a possible bottom near $41,000, despite some recovery attempts. While some see this as a bear market signal, others note no strong technical evidence yet for such a steep fall. Key psychological support levels at $70,000, $60,000, and $50,000 may influence future price movements, especially amid global economic uncertainties.
Ethereum remains trapped in a descending channel after failing to break above key resistance near $2,100, a crucial support zone for bulls. The price action shows weakening momentum but buyers are defending higher lows since February, suggesting pote...
Michael Saylor announced plans to buy more Bitcoin and is encouraging retail investors to vote in a proxy that could change STRC's dividend payments to a semi-monthly schedule. This move aims to provide shareholders with more frequent income, potenti...
Bitcoin is struggling to break above the $82,000 resistance level, facing rejection near key moving averages (EMA200 and SMA200). Profit-taking has intensified, with the average trader realizing a 17% gain, prompting increased selling and reduced buy...
Bitcoin is trading around $78,000 after a volatile week, with market momentum weak and technical signals cautious. The key development is a potential shift in Federal Reserve liquidity, which has historically influenced Bitcoin cycles; recent Fed bal...
Bitcoin faced significant selling pressure at the $77,000 level, with Binance data showing a Net Taker Volume of -$50 million initially and -$20 million on a second retest. Despite this, buyers absorbed the selling, preventing a deeper drop and signa...
