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Bitcoin’s (BTC) price action in early 2025 has left investors uncertain, with February marked by a month-long consolidation. The market, which initially expected an aggressive breakout at the start of the year, is now weighing the possibility of an impending bear phase. However, long-term technical Analysis of Bitcoin’s price cycles suggests that BTC remains on track to reach a new all-time high of $200,000, as observed by TradingShot in his recent Analysis on TradingView .  Despite short-term weakness, historical cycle patterns indicate that BTC’s broader trajectory remains bullish. Picks for you Warren Buffett letter warns U.S. on the verge of 'fiscal folly' that could wipe out USD 45 mins ago Bybit invests $1 million in Ethic...

Since reaching an all-time high (ATH) price of $108,130 on December 17, Bitcoin (BTC) has been subject to intense selling pressure. By December 20, prices had receded to as low as $92,810 — and although the recovery was quick, the leading cryptocurrency has struggled to reclaim the $100,000 mark. BTC did shoot up to $102,250 on January 7 — but it was not to last, as a quick correction followed. From then on, Bitcoin steadily traded at prices close to $95,000. Now, on January 13, the premier digital asset experienced significant downward momentum — prices have dropped from a high of $95,900 to just $90,820 at press time.  Picks for you Crypto expert says XRP could hit $4 in the ‘next couple of days’ 16 mins ago Laurel Lee net worth reve...

Tether (USDT) has recently experienced sustained capital inflows, with the stablecoin hitting historic market cap levels. While such a trend is historically positive for the crypto market, Analysis suggests that this momentum may not be ideal for Bitcoin (BTC). Specifically, USDT dominance has been rising, a factor that could signal a possible reversal in Bitcoin’s price, which is attempting to breach the $70,000 spot and possibly target a new all-time high, according to an Analysis by Alan Santana shared in a TradingView post on October 26. USDT market dominace chart. Source: TradingView It is worth noting that Tether’s dominance highlights the market share of USDT among all cryptocurrencies. The metric is a barometer for market sentiment and liquidity flow between stablecoins and other assets like Bitcoin. Picks for you ...

Bitcoin is still down 60% from its November 2021 all-time high so many traders are wondering if BTC price could crash further in the coming months. Bitcoin (BTC) is still in a bullish reversal when looking at this year's price chart. BTC price has gained 70% after bottoming out at around $16,800 in November 2022, defying rate hike fears while riding on growing ETF approval optimism.  However, in recent months, Bitcoin bulls have failed to sustain BTC price above $30,000. Therefore, with the "bullish" halving is still over 200 days away, many traders are wondering: is Bitcoin price going to cash again in the coming months?  Let's take a closer look at the possible scenarios as Q3 draws to a close. Fibonacci fractal hints at Bitcoin crash to $21,500 From a technical standpoint, Bitcoin price has stabilized around the 0.236 Fib line of its Fibonacci retracement graph drawn from the $69,000-swing high (the market top) to the $15,900-swing low (the local market bottom)...

Ethereum price has been gaining momentum in April, even against Bitcoin, as the much-anticipated Shanghai hard fork is just days away. Ethereum's Ether (ETH) token dropped by over 7.5% in its Bitcoin (BTC) pair in 2023. But ETH/BTC may wipe its year-to-date (YTD) losses entirely in April as Ethereum's long-awaited Shanghai hard fork is just days away. The upgrade is set for April 12, enabling Ethereum stakers to withdraw around 1.1 billion ETH in rewards — worth over $2 billion as of April 8.  ETH price undergoes key technical bounce Many experts see the hard fork as bullish for Ether in the long term. For instance, the Shanghai buzz has helped Ether outperform Bitcoin in April so far. As a result, the ETH/BTC pair has risen by about 4.75% month-to-date to reach 0.066 BTC as of April 8, a nearly 8% rebound since March 20.  The bounce was largely expected, particularly as ETH/BTC dropped to its historical ascending trendline support. Now, the upside move raises the prospects o...

The S&P 500 is attempting a recovery, but Bitcoin and select altcoins are struggling to break above their respective resistance levels. Bitcoin (BTC) is down about 11% in August, just shy of the 13.88% fall seen in the corresponding month in 2022, according to CoinGlass data. The picture does not look very bright for September either. History shows that every year since 2017, Bitcoin has declined in September.  Bloomberg Intelligence senior macro strategist Mike McGlone is even more bearish on Bitcoin. While speaking to Kitco News, McGlone warned that in case of a “global economic reset,” Bitcoin could nosedive to as low as $10,000. Daily cryptocurrency market performance. Source: Coin360 Although analysts have been giving both bullish and bearish targets, it is better to wait for the price to break out of the range before taking large bets. Typically, after a low volatile period, the volatility picks up but it is difficult to predict the direction of the breakout with certainty. ...

Technical analysts suggest that months of low volatility is often followed by a big price move. The Bitcoin (BTC) and Ether (ETH) 90-day price volatility hit a new multi-year low in August as the top two cryptocurrencies continue to trade under their key resistance of $30,000 and $2,000 respectively. According to data shared by crypto analytic firm Kaiko, the 90-day volatility of BTC and ETH hit 35% and 37% respectively making it less volatile than oil with volatility of 41%. Such a decline in the price momentum of the top two crypto assets was last seen in 2016. 90-day price volatility of Bitcoin, Ether and Oil. Source: Kaiko The chart above indicates that BTC and ETH price volatility is more than half at the same time last year. While August is considered a bullish month for the crypto ecosystem, the declining price fluctuation is considered bullish by many. Apart from the 90-day volatility at its lowest in 7 years, the daily Bitcoin volatility is also at 5-year low. Bitcoin dail...

Owning up to Failed Price Call One of the top voices in the Bitcoin ecosystem is Tim Draper , the renowned American Venture Capital investor. Draper is arguably one of the most enthusiastic personalities when it comes to Bitcoin , and he predicted, a couple of years ago, that the premier digital currency will be trading at a price of $250,000 by this time. advertisement Taking to his official Twitter handle, Draper acknowledged that the prediction did not come off right. He made the forecast at the time when the price of the cryptocurrency was pegged at just $4,000. Should his prediction had come to pass, BTC would have climbed by 60x from that point but on the contrary, the coin has only managed about a 7x growth at the current price around $30,500. So much for my predictive abilities…It is June 30, 2023. When Bitcoin was $4000, I predicted it would reach $250k (60X) by now. It has only reached $30k (7X). I guess we have to wait a little longer, (maybe...

Fed Chair Jerome Powell announced a pause in interest rates, but Bitcoin options data still warns that a BTC price drop to $25,000 is possible. Bitcoin's price has been pinned below $26,300 since June 10, reflecting a 14.8% correction in two months. Meanwhile, the Nasdaq tech stock market index gained 13.6% in the same period, indicating that investors are not exactly fleeing to the safety of cash and short-term debt. In fact, the demand for United States government bonds has been declining for the past six weeks. U.S. 2-year government bond yield. Source: TradingView The yield on two-year U.S. Treasurys, for example, increased from 3.80% on May 4 to 4.68% on June 14. Lower demand for debt instruments increases payouts, resulting in a higher yield. If the investor thinks that inflation will continue above target, the tendency is for those participants to demand a higher yield when trading bonds. The U.S. Treasury is set to issue more than $850 billion in new bills between June and...

BTC price action shrugs off the latest signs that inflation is receding, with Bitcoin traders focused on Fed comments. Bitcoin (BTC) stuck to $26,000 on June 14 as fresh United States macroeconomic data prints failed to move cryptocurrency markets . BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView PPI offers Bitcoin bulls little fuel Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying stubborn as Producer Price Index (PPI) data showed U.S. inflation continuing to slow. US PPI just came in: -0.3% vs 0.2% previously -0.1% was predicted Just like yesterday, was lower than the predictions, furthering the likelihood of a pause at tomorrows #FOMC meeting. https://t.co/SymSTWwHSS — Decentrader (@decentrader) June 14, 2023 In line with its reaction to the Consumer Price Index (CPI) print the day prior, the pair failed to offer traders volatility, sticking to a familiar range between various moving averages. Market commentators thus turned to the day’s upco...

Bitcoin falls back in line almost immediately after closing the weekend's CME futures gap near $26,500. Bitcoin (BTC) fell back in line at the June 12 Wall Street open after a brief macroeconomic data jolt failed to shift the status quo. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Markets expect first Fed pause since 2021 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing to circle $26,000, avoiding major volatility. The largest cryptocurrency saw a brief spike toward $26,500 on the back of the latest United States Consumer Price Index (CPI) print, which came in below expectations. While ostensibly a boon to risk assets, crypto market s remained cautious on the day, with comments from the Federal Reserve and further macro prints due in the coming days. Equities: Full Bull. Crypto: Can't even muster a small pop for us to get short. What a shame lol — Crypto Chase (@Crypto_Chase) June 13, 2023 Bets on the Fed pausing its rate hike c...