Bitcoin OI Suffers Deepest Drop Of The Cycle: $10B Leverage Wipeout Leaves Traders Cautious
Posted inBitcoin News

Bitcoin OI Suffers Deepest Drop Of The Cycle: $10B Leverage Wipeout Leaves Traders Cautious

Bitcoin is once again at a pivotal moment after briefly dipping below the $100,000 level on Tuesday, testing one of the most important psychological and structural supports of the cycle. The market remains tense as bulls attempt to defend this zone amid rising volatility and persistent selling pressure. Momentum has clearly slowed, and traders are…
Analyst Predicts Bitcoin Price Crash To $87,000 If This Happens
Posted inBitcoin

Analyst Predicts Bitcoin Price Crash To $87,000 If This Happens

The current Bitcoin price crash is being driven by major sell-offs from large whales as they offload massive early BTC holdings. In addition to this, though, there are also chart formations that suggest that the Bitcoin price crash is only in its beginning stages. This comes after the cryptocurrency closed the month of October in…
Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk
Posted inBtc

Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk

Bitcoin price is struggling below $105,000. BTC could continue to move down if it stays below the $104,200 resistance. Bitcoin started a fresh decline below the $104,000 support. The price is trading below $104,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $103,000 on…
Weakness In Major Cryptos: What Key Technical Metrics Indicate For Bitcoin, Ethereum, And Solana
Posted inBitcoin News

Weakness In Major Cryptos: What Key Technical Metrics Indicate For Bitcoin, Ethereum, And Solana

Despite a slight recovery in cryptocurrency prices on Wednesday, experts remain divided on the future direction of Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The market is at a crossroads, with some analysts anticipating a deeper correction, while others see the potential for a renewed recovery. iShares Bitcoin Trust ETF Hits 52-Week Low  According to…