Bitcoin Eyes $71K As Bid-Side Pressure Builds Near Range Lows
Bitcoin continues to find buy demand near $65,000, and data suggests that bulls may make a push toward $71,000 this week.
Bitcoin continues to find buy demand near $65,000, and data suggests that bulls may make a push toward $71,000 this week.
Bitcoin and altcoins attracted buyers near their respective range lows, but the current global macroeconomic and geopolitical scenarios limit the upside of crypto market rallies.
A freshly opened Bitcoin short position shows traders are watching this week’s US economic data releases, along with the US and Israel-Iran war.
Long-term Bitcoin accumulators added to their balances, while a decline in BTC miner selling indicates the market is approaching equilibrium.
XRP price action shows historic reversal signals, with the RSI rebounding from oversold and the MACD nears a bullish cross.
Bitcoin remains in bear territory with price indicators highlighting the $40,000–$50,000 range as the likely cycle low.
Ethereum is flashing a familiar bull trap that preceded 45% and 48% drops in the past, raising risks of a fresh breakdown this week.
Bitcoin’s path back to $126,000 depends on whether $60,000 holds as the cycle low or if a deeper decline extends the recovery to 2027.
XRP’s Sharpe Ratio turned positive as whale flows reached $9 million per day, while rising open interest and repeat liquidations point to investors' risky leverage positioning.
Bitcoin’s chance of trading above $75,000 in April decreased as Friday’s price action showed deepening negative sentiment from investors.
Charts show Bitcoin and altcoins hanging on to their last respective support levels as investors cut risk and wait to see how markets react to rising oil prices and the...
Ether has dropped 5% over the last 24 hours to trade at $1,975 on Friday as traders say the downside is not over for ETH price.
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