Bitcoin is currently trading in a key consolidation zone, referred to as a no-trade zone, between $65,636 and $70,685. This range has seen heavy activity, with over 1.72 million BTC exchanged. It makes it a strong area of both support and resistance. Also, the buyers and sellers are creating uncertainty
The prolonged geopolitical tensions impact the Bitcoin price, which causes short-term volatility and sharp corrections due to increased risk aversion. It may be followed by rapid recoveries or surges if investors perceive it as a hedge against economic instability. Significantly, an early BTC holder has continued offloading a notable portion
Bitcoin (BTC), the largest and dominant asset in the crypto market, is currently in the extreme fear zone, with the Fear and Greed Index at 13. It has recorded a 4.74% gain, currently trading within the $70,848 range. Notably, BTC’s daily trading volume has soared by over 19.78% to the
The dominant asset, Bitcoin (BTC), is floating over the bear market. It has been trading below $75K over the last few weeks, facing back-to-back rejections amid the recovery attempts. The BTC price has plunged by 4.29% in the last 24 hours. Notably, the asset is in an extreme fear zone
5% gain has been recorded in the last few hours within the crypto market. It has pushed the majority of the digital assets into bullish territory. The largest and dominant token, Bitcoin (BTC), has followed suit, registering a 6.76% surge in value. After multiple recovery attempts, the asset is finally
Matt Hougan, CIO at Bitwise Invest, has listed out a reason for the decline in BTC price. He has also expressed optimism about the upcoming bull run. Michael Saylor and Eric Trump earlier expressed these positive sentiments towards the flagship cryptocurrency. This comes at a time when bitcoins have reclaimed
Jimmy Wales, Co-Founder of Wikipedia, has weighed in with his opinion about the BTC price ever reaching zero. He has also expressed his stand on Bitcoin tokens as currencies while further clarifying his statements through responses to community comments. The flagship crypto continues to trade below the $70k mark. Jimmy
The risk appetite of investors is reportedly up as BTC price reaches closer to the $69k mark. Some of it is attributed to the buying-the-dip behavior, while some of it has come in the wake of the recent address by US President Donald Trump. Nevertheless, the market is seeing a
Mike McGlobe, a Bloomberg Intelligence Analyst, has revised his BTC price prediction. While the number is still worrisome, it presents a comparatively better picture than before. Hence, keeping the broader concern as it was previously. Mike has noted several factors to back his forecast while the crypto community remains optimistic
There is a possibility for Bitcoin short liquidation if it finds a rally. CoinGlass has reported a total liquidation of over $72 million in 24 hours. This includes short and long drops days after more than $2 billion worth of bitcoins were liquidated. Bitcoin Liquidation Possibility There is reportedly a
