Bitcoin

Bitcoin has been experiencing a notable increase in market activity, with recent movements indicating that sellers are becoming more active. A Major Price Drop On The Horizon? According to a post by XBTManager, a contributor on the CryptoQuant QuickTake platform, Bitcoin’s price rise last week, which saw it temporarily break out of its recent range, was accompanied by a surge in volatility. This uptick in activity included a significant transfer of Bitcoin by short-term holders, with 33,155 BTC moved, as…

Since Friday’s 7.6% surge in the $BTC price, investors and traders were possibly disappointed to see this positive price action lose momentum over the following days. However, this is a completely normal retracement, and Bitcoin is likely to rebound soon. A perfectly healthy correction No asset just goes straight up. The latest price action from Bitcoin is par for the course, and a very healthy way for the king of the cryptocurrencies to eventually get back to the all-time high. …

The post Bitcoin Price Analysis: Best Buy and Sell Times Revealed appeared first on Coinpedia Fintech News The global cryptocurrency market capitalization has decreased by 1.5% to $2.2 trillion as short liquidations in the crypto market decline. Meanwhile, One analyst forecasted a Bitcoin cycle top in December 2025 while another trader identified a key support level for a potential bounce.  Could Bitcoin Be Nearing Its Peak? In a recent X post by “Titan of Crypto,” a well-known crypto analyst, a…

The post Is Bitcoin Price Headed for a Further Decline? The Ripple Effect of FED’s Announcements appeared first on Coinpedia Fintech News With only four days to the end of the dreaded choppy month, the cryptocurrency market, led by Bitcoin (BTC), has signaled possible bearish sentiment in the short term. The recent bullish outlook, triggered by the Fed’s announcement of monetary policy change before the end of the year, is gradually fading away.  Furthermore, the 2 percent drop in Bitcoin…

Bitcoin price started a downside correction from the $65,000 resistance zone. BTC could revisit $61,750 before it starts a fresh increase in the near term. Bitcoin failed to clear the $65,000 resistance zone and corrected gains. The price is trading below $63,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $63,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might slip further…

Bitcoin appears to be entering a rebound phase, given its recent increase that brought the asset’s price close to the $66,000 mark. Particularly, after briefly touching a 24-hour high of $64,893 earlier today, Bitcoin has retraced slightly, now trading at $63,786, reflecting a minor 0.2% decline over the past day. Despite this slight pullback, analysts remain divided on the immediate future of Bitcoin, with some pointing to key technical levels that could determine the next significant move. Next Step For…

On-chain data shows the Bitcoin Supply in Profit indicator has been forming a pattern recently that could put the bull run into jeopardy. Bitcoin Supply In Profit Has Seen Multiple Dips Into “Transition” Zone Recently As an analyst in a CryptoQuant Quicktake post explained, the recent “Supply in Profit” trend could suggest a potential entry into the transition zone for Bitcoin. The Supply in Profit here refers to an on-chain metric that, as its name suggests, keeps track of the percentage…

The post Cup and Handle Pattern Suggests another Dip in Bitcoin appeared first on Coinpedia Fintech News Bitcoin has been trying to come over the $70,000 price mark for many days now. Everytime it comes near its target, something new fills the market with fear and BTC fails the mission. It now feels like a video game where you almost killed the boss but misses with little chance left. Let’s explore what technical analysis of Bitcoin has to say. Bitcoin…

The post Bitcoin Mining Faces U.S.-China Tensions as Trump Pushes Domestic Control appeared first on Coinpedia Fintech News Bitcoin mining, a key part of the cryptocurrency world, is seeing major changes as only 1.19 million Bitcoins remain to be mined from the 21 million total supply, valued at around $74 billion. This growing scarcity is stirring geopolitical tensions, with Donald Trump pushing for more Bitcoin mining in the U.S. amid concerns that Chinese-made equipment could be used for spying. Bitmain’s…