Bitcoin price fell on Thursday to levels that pushed it beneath the “Fire Sale!” band on the Bitcoin Rainbow Chart — a depth not seen since the disastrous FTX exchange collapse in November 2022 — as the Fear and Greed Index recorded a reading of 12 out of 100, firmly entrenched in “Extreme Fear” territory. … Read more
Bitcoin price has plummeted to its lowest level in months on Wednesday night, crashing below $62,000 and erasing a significant intraday loss of over $5,300 — a decline of nearly 8% in just 24 hours. This downturn comes as a perfect storm of institutional exodus, leverage liquidations, geopolitical fear, and a notable sale by Michael … Read more
Bitcoin price has dropped below $68,000 on Tuesday, marking its lowest point since early April, impacted by a variety of factors. Among the notable events are Strategy’s initial Bitcoin sale in over three years, a historic streak of ETF outflows, and new on-chain activity from the long-silent Mt. Gox estate. The catalyst that some believe … Read more
Bitcoin has fallen to $70,406 as of June 2, marking its lowest point in two months. The 24-hour decline of 3.97% signifies a notable retreat from its early May peaks of almost $80,000. Meanwhile, traditional equities such as the S&P 500 and Nasdaq have surged to record highs, further intensifying the divergence between the crypto … Read more
Bitcoin bounced back to the $73,000 mark on Friday, recovering from an earlier dip to $72,500, a level not seen since April. While the rebound may seem like a quick recovery on the chart, market analyst J.A. Maartun highlighted that the more important story is in the data showing the selling pressure hidden beneath the … Read more
Bitcoin price has experienced a decline of over 5.5% in the past week, dropping from above $77,000 to approximately $72,600 on Thursday as risk sentiment has deteriorated. The move extends a broader pullback from early May’s highs above $82,000, leaving bitcoin price trading near 6–7% lower week-on-week as surging spot ETF outflows and US‑Iran tensions … Read more
Bitcoin price struggled to break through the $77,500 resistance zone. BTC has initiated a downside correction, slipping beneath the crucial support level of $76,500 and entering a bearish territory. There was a decline beneath the 50% Fibonacci retracement level of the upward movement from the $74,210 swing low to the $77,810 high. Additionally, the hourly … Read more
The recent peak in the Bitcoin market may not have been marked by a notable crash or obvious sell signal, but instead by a carefully planned and sophisticated wave of distribution among large holders. In a setting filled with positivity and confidence among many players, significant investors were quietly selling off their holdings, doing so … Read more
Bitcoin price continued to hold steady above the $80,000 mark. BTC has established a solid base and is now trading above $80,500, signaling the beginning of a recovery wave. A surge was observed above the $80,650 and $80,800 thresholds. The bulls successfully drove the price past the 50% Fibonacci retracement level of the decline from … Read more
Bitcoin price struggled to maintain its position above the $81,500 support zone. BTC has initiated a downside correction, slipping below the $81,200 and $80,800 thresholds, thereby entering a short-term bearish zone. A decline occurred beneath the 38.2% Fibonacci retracement level of the upward movement from the $74,940 swing low to the $82,790 peak. Additionally, the … Read more