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Popular Analyst Says If Bitcoin Doesn’t Hold This Level, This Is Where To Start Buying

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Bitcoin is sitting at a make-or-break zone, according to market analyst CryptoMichNL, who recently outlined two key price areas that could determine the asset’s next major move. While he believes the broader bullish structure remains intact, he also identified a lower range where investors may find what he considers one of the most attractive buying […]
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How To Avoid The Major Trap That Bitcoin Is Setting Up For Traders

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Bitcoin is entering another decisive period after spending recent months trading inside a higher-timeframe ascending range. Technical analysis of the daily chart setup shows the Bitcoin price moving inside an ascending channel structure, but the structure is becoming more dangerous as the cryptocurrency is now approaching its lower boundary. Bitcoin’s Ascending Channel Is Starting To […]
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Bitcoin’s On-Chain Landscape Looks Far Different From Its 2021 Bull Market Peak

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Given the prolonged waning price action, the Bitcoin network is starting to feel this bearish pressure, leading to a sharp decline in activity across the network. After a period of downward performance, the level of activity and participation within the network has significantly dropped below levels seen in previous bull market cycles. How Bitcoin’s Network […]
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Bitcoin Holds Record Long-Term Holder Supply – So Why Isn’t Price Rising?

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Bitcoin has lost the $75,000 level as selling pressure intensifies and the market faces a wave of uncertainty that has erased the confidence built during the recovery from the April lows. The breakdown is significant, and XWIN Research Japan has identified a development in the long-term holder data that challenges one of the most widely […]
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Bitcoin Pops Above $73,000—But The Tape Screams: Selling Pressure Hits Months-High

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Bitcoin (BTC) regained the $73,000 level on Friday after earlier dipping to $72,500 earlier in the day for the first time since April. While the rebound may look like a quick recovery on the chart, market analyst J.A. Maartun said the bigger story is what the data shows about selling pressure underneath the surface.  In […]
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Bitcoin’s Golden Ratio Multiplier Drops Low, And It’s Predicting A 50% Crash

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The Bitcoin (BTC) price crash below $73,000 has brought renewed attention to key cycle indicators, with one metric now pointing to possible further downside. CryptoCon, a market analyst, says a shift in the Bitcoin Golden Ratio Multiplier is currently flashing bearish signals. He noted that the indicator has historically aligned with major price bottoms in […]