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 buying momentum. Short-term signals show some buying exhaustion, but the market remains cautious, focusing on the $76,500 support level as a critical point. Traders are closely watching whether Bitcoin can regain momentum or if the correction will deepen.
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...
Bitcoin prices paused near $82,000 after a strong rally, influenced by the confirmation of Kevin Warsh as Federal Reserve chair and progress on the CLARITY Act in the U.S. Senate. Investors are cautious due to rising inflation and geopolitical tensio...
Traders transferred $1.5 billion in stablecoins to Binance as a defensive move against Bitcoin's sharp price swings, using stablecoins to stay in the crypto market without exposure to Bitcoin's volatility. This large inflow highlights Binance's stron...
Bitcoin has surged 25% from recent lows amid rising bond yields and escalating Middle East tensions, showing notable resilience compared to other risk assets. Institutional interest remains strong, with Bitcoin ETFs hitting all-time highs in assets u...
