Currently, similar dynamics are in play. If bearish pressures prevail, Bitcoin could decline to the $66k–$60k range. These levels align with key metrics such as the Active Realized Price and True ...
The nearest support is the low 60K area. So one potential scenario for ... Which means shorting Bitcoin is still an extremely risky and low probability thing to do on this time frame.
Bitcoin traders expect a short-term bounce as one BTC price metric sinks to its lowest levels in several months. Data from Cointelegraph Markets Pro and TradingView reveals deeply “oversold ...
As 2025 kicks off, the Crypto "Experts" have returned with their price predictions. Even if we're all still in awe of Bitcoin's 100,000 milestone, it's hard not to think about the future of the ...
Following the sluggish start to the month, Bitcoin snapped out of its downtrend around Sept 6, after US Non-Farm Payrolls reports showed dovish figures. But in the last 24-hours the rally has ...
Bitcoin tanking 5% in a day has had serious implications for low-timeframe RSI. On the hourly chart, RSI fell from local highs of 81.7 on Jan. 6 to three-month lows of just 16.6 a day later.
Following a sharp decline in Bitcoin’s BTC/USD price, a key metric has hit its lowest level in several months, leading to expectations of a short-term recovery. At the time of writing ...