Bitcoin Shows Relative Weakness Against Stocks – Pause Or Warning Sign?
After a quiet weekend of low volatility, Bitcoin is preparing for a decisive move. Price action has consolidated into a tight range between $100,000 and $105,000—historically a setup that precedes massive breakouts or sharp corrections. Bulls remain in control for now, but the momentum is fragile and could quickly shift if BTC breaks below key […]
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Bitcoin stands at a critical crossroads, with its price hovering near the crucial $93,257 support level. This key price point has acted as a stronghold for the cryptocurrency during its recent ascent, but now, the market is facing mounting pressure. Bearish strength is starting to gain traction, raising concerns that the $93,257 level might soon give way to further declines. The Relative Strength Index (RSI) is beginning to show signs of weakness, suggesting that momentum is shifting in favor of the bears. If Bitcoin fails to hold this support, it could trigger a wave of sell-offs, pushing....
Ethereum’s price action has been slightly underperforming that of Bitcoin as of late The cryptocurrency has remained stuck beneath its crucial resistance level at $380, which points to some weakness amongst buyers Until this level is surmounted and ETH can regain its foothold within the $400 region, it may remain somewhat technically weak One fundamental metric seems to indicate that ETH is also plagued by some underlying weakness is its daily active address count This […]
Bitcoin is slowing down and weakening on-chain metrics are forcing traders to turn cautious in the short term. The price of Bitcoin (BTC) is showing overall weakness as it struggles to establish $34,000 as a support level. Overall, BTC appears to be stagnating without signs of a short-term relief rally, leading traders to be cautious.One concerning trend is that the volume of Bitcoin has been stagnating along with its price, apart from the “Elon pump” on Jan. 29. This trend indicates that there is an overall drop in buyer demand since the $42,000 top despite BTC hovering in the low $30,000....
Bitcoin price continues to consolidate near $280 in the absence of any positive trigger. Even though the price structure for the past week has been that of higher-top, higher-bottom, there are several parameters pointing towards a correction. A thorough technical analysis on the 4-hour price chart of BTC/USD reveals some very important trading considerations: Bitcoin value has shot up from $236 to $292 since 27th February, following a textbook bullish price structure, but the Relative Strength Index (RSI) readings have failed to complement the exuberant mood. A clear case for this can be....