Bitcoin’s Brief Rally Isn’t The End Of The Bear Market, Analysts Say
Exhausted sellers may be giving Bitcoin some breathing room — but analysts say that’s a long way from a recovery. Related Reading: SEC Vs. Justin Sun Case Ends In $10M Settlement, Traders Eye TRX Price Reaction US Buyers Return, Pushing Prices Off Multi-Week Lows Data from on-chain analytics firm CryptoQuant shows the Coinbase Bitcoin Premium — a measure of US-based buying demand — has flipped from its most negative readings in early February to its highest point since October. That shift helped carry Bitcoin to a one-month high of $74,000 on Thursday, briefly touching the 50-day....
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Bernstein analysts have reiterated that Bitcoin could still rally to $150,000 this year. These experts noted that BTC was experiencing what they described as the “worst bear case” in its history, suggesting that this bear market may not be as deep as previous cycles. Bernstein Predicts Bitcoin Rally To $150,000 By Year-End Bernstein analysts, led […]
While this isn’t bitcoin’s first bear market, it is the most opportunity-ripe “winter” yet experienced by the industry.
Bitcoin’s price has been up dramatically since OKEx's crypto withdrawal service suspension, yet it's not behind the price rally.
Bitcoin’s drop back into the mid-$90,000s has reignited the debate: is this the start of a true bear market, or a sharp reset inside an ongoing uptrend? Analysts are converging on the same battleground levels but differ on what they imply. Has The Bitcoin Bear Market Arrived? Macro swing-trader “The Great Mattsby” (@matthughes13) argues that, […]
Crypto analyst Hanzo has predicted that Bitcoin will rally to a new all-time high (ATH) of $170,000 in the next bull run. He also revealed what level investors should look to buy BTC in this bear market as they target this potential rally to $170,000. Bitcoin To Rally To $170,000 In Next Bull Run In an X post, Hanzo stated that Bitcoin is going to $170,000 and advised investors to buy BTC at $58,000 and sell it at $165,000. His statement suggests that the flagship crypto is likely to bottom out at $58,000 in this bear market. Meanwhile, his accompanying chart showed that BTC could reach....