Bitcoin Cycle Extremes Index Hits 8.8%: Compression Phase Signals Expansion A...
Bitcoin is trading at a critical level after losing the $110,000 support, a zone that had previously provided bulls with a strong defensive line. The recent breakdown underscores fading momentum, as buyers struggle to regain control following weeks of volatility. Since breaking above its all-time high, BTC has shown no meaningful signs of recovery, fueling […]
Related News
Bitcoin has entered a consolidation phase after reaching $124,500 earlier this month and retracing below the $115,000 mark. The sharp move higher followed by weeks of sideways action has left the market in a state of uncertainty, with traders watching closely for the next decisive move. For many analysts, this consolidation is not a sign of weakness but rather a natural pause before the next leg higher. Related Reading: Bitcoin Supply In Profit Hits Historical Threshold – Echoing Past Patterns A push above the all-time high would be the clearest confirmation that the next wave of growth....
Just when crypto participants are discussing that Bitcoin seems to have entered a bearish phase due to its sharp pullback from its current all-time high and prolonged consolidation phase, the digital asset has rebounded strongly, revisiting levels like $95,000. Even though BTC has failed to reclaim its all-time high, many believe the ongoing cycle might […]
Bitcoin is trading just below the critical $90,000 level, struggling to regain bullish momentum after weeks of uncertainty. Market sentiment has shifted slightly — from extreme fear to cautious observation — but confidence remains fragile. Analysts are split on what comes next. Some warn that failure to reclaim $90K could extend the current downtrend, while […]
BTC price could be poised for a big bounce despite Minerd’s prediction that price will drop to $8,000. Bitcoin (BTC) is predicted to drop more than 70% to the $8,000 value area, according to comments by Guggenheim chief investment fficer Scott Minerd. This is not the first time he has made a bearish call, and he has, in the past, made bullish calls as well. However, Minerd’s more recent calls have occurred just before major reversals. Scott Minerd BTC price calls: - $600k at $60k → went to $30k. - $10k at $30k → price to $65k. - $8k at $30k (again) → TBD. pic.twitter.com/NWjrRdegFM—....
Bitcoin is trading below the $90K level, with bulls actively defending key demand to initiate a recovery phase. However, fear and uncertainty continue to dominate market sentiment, as many investors speculate that Bitcoin may have already reached its cycle top. The recent correction has intensified concerns about a potential bearish phase, leaving traders on edge. […]