Bitcoin due dollar-fueled macro bottom as traders dismiss $88K bounce

Bitcoin price analysis warned that BTC would follow the US dollar toward a long-term bottom next, adding pain for crypto bulls.

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Traders mull the bottom as bitcoin returns to week's lows below $86,000

One analyst isn't quite ready to call a bottom, but says bitcoin is surely in an oversold condition.

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Bitcoin Eyes Its 3rd-Worst Month in 5 Years, Is Bottom In?

BTC has rebounded to $88,000 after a major sell-off, but on-chain data suggests uneven support across different holder groups. The post Bitcoin Eyes Its 3rd-Worst Month in 5 Years, Is Bottom In? appeared first on Coinspeaker.

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Bitcoin whales are buying while weak hands panic – Is a market bottom near?

Bitcoin whales are buying while smaller investors panic and sell, similar to the 2020 bull cycle Data hinted at the growing probability of a potential bottom. A Bitcoin [BTC] bottom typicallThe post Bitcoin whales are buying while weak hands panic – Is a market bottom near? appeared first on AMBCrypto.

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Bitcoin - Widespread capitulation signals likely bottom, BUT risks remain

Bitcoin's massive +$800M per day realized losses could mark a likely bottom Overall demand has remained negative, with BTC ETFs bleeding over $5 billion  Bitcoin [BTC] has stayed below $85kThe post Bitcoin - Widespread capitulation signals likely bottom, BUT risks remain appeared first on AMBCrypto.

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Bitcoin spot and margin longs push BTC to $85K, but the bottom isn’t in yet

Is the Bitcoin bottom in, or is today’s price action simply an oversold bounce that will trap overleveraged bulls?

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Bitcoin - Is a 'local bottom' in? THIS metric says so, but...

Bitcoin's Advanced NVT signaled a local bottom for the first time in 6 months BTC fell by 3.92% on the charts over the past week Over the past month, Bitcoin [BTC] has struggled to maintain The post Bitcoin - Is a 'local bottom' in? THIS metric says so, but... appeared first on AMBCrypto.

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Bitcoin (BTC) Metrics Point To Local Bottom At $49,500 – Details

Bitcoin is at a crucial point after several days of recovery and consolidation. On August 5, it experienced a sharp capitulation event, with the price dropping to a monthly low of $49,577. While some investors remain skeptical, believing Bitcoin hasn’t reached its bottom yet, key data from CryptoQuant suggests that the worst might be over.  […]

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Bitcoin hits bottom, expect a spike to $68k level: analyst

Bitcoin has probably bottomed out and is now primed for an uptick, according to anonymous crypto trader self-proclaimed “bubblechaser” Bluntz. In an Aug. 15 post on X, the trader — famous for correctly predicting the 2018 Bitcoin (BTC) bottom —…

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Bitcoin signals historic bottom, analyst says

CryptosRUs, a popular cryptocurrency YouTuber with over 666,000 subscribers, believes several technical and fundamental indicators suggest the bottom is near for Bitcoin's price.

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Top Analyst Declares ‘Last Accumulation Opportunity’ for Bitcoin Investors – Updates BTC Outlook

The popular Ultimate Oscillator momentum indicator has entered oversold territory for Bitcoin, potentially signaling an impending bottom according to some analysts. Crypto analyst CryptoCon highlighted that the oscillator recently crossed below 30 into the “cycle bottom zone”, something that has never occurred twice in a bear market.

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New Report Shows The Best Way To Invest In Bitcoin No Matter The Price

Over the years, different modes of investments have emerged for digital assets such as Bitcoin in a bid to get the most returns. Mostly, investors have tried to ‘buy the bottom and sell the top’. However, Bitcoin’s performance has proven that there is no way to accurately predict the bottom and catch the top of […]

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Bitcoin bottomed out at $16,000

Over the past few weeks, bitcoin volatility has held at a two-year low. The largest digital currency by the end of 2022 was able to find the bottom in the region of $16,000. The main factor signaling that the bottom has been reached was an increase in the number of unprofitable addresses on the network.

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Bitcoin Fundamental Expert Breaks Down Why The Bottom Is In

Calling the bottom in Bitcoin is no easy task. Prices tend to fall more dramatically and faster than anyone is prepared for and is the investing equivalent of catching a falling knife. Yet if anyone is equipped to accurately call the bottom in crypto, it would be Charles Edwards, fund manager and Bitcoin fundamental expert, responsible for creating some of the most famous tools in crypto.

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Bitcoin's Price Action Is Encouraging, But It May Not Signal Bottom: Traders

Bitcoin's price needs to trade above its 21-week moving average to confirm a bottom, one trader said.

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Bitcoin’s bottom might be below $15.5K, but data shows some traders turning bullish

Bitcoin whales and market makers continue to add to their leverage long positions, even though it’s unclear whether $15,500 was the final bottom.

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Bitcoin price: Peter Brandt suggests possible bottom for BTC

Bitcoin looks to have reached levels similar to those hit before a bounce in…

The post Bitcoin price: Peter Brandt suggests possible bottom for BTC appeared first on CoinJournal.

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Bottom's up? How investors are looking at Bitcoin right now

The crypto-markets continue to slide lower than usual as Bitcoin [BTC] tumbled to a new low on 19 June. Moreover, the king coin breached a prior cycle’s all-time high for the first time in its hThe post Bottom's up? How investors are looking at Bitcoin right now appeared first on AMBCrypto.

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Has Bitcoin Hit Bottom Yet? Here’s What On-Chain Data Says

Bitcoin continued to crash down yesterday, with the coin hitting as low as $21k before rebounding to current values. Has the crypto made the bottom yet? Bitcoin NUPL Indicator Assumes Negative Values For First Time Since 2020 As pointed out by an analyst in a CryptoQuant post, the NUPL metric has declined below zero, which could be a sign that the crypto may be approaching a bottom.

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Four Metrics Suggest the Bitcoin Market Bottom Is Near

Fear has struck the cryptocurrency market after Bitcoin dropped to $20,800 today. Now, several technical and on-chain metrics suggest that the top cryptocurrency could be approaching a bottom. Bitcoin Shows...

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Bitcoin prints second ‘Bart’ pattern in a week to bottom at $29,200

Bears took control at approximately 01:00 (GMT) on June 7 to sink the Bitcoin price. The post Bitcoin prints second ‘Bart’ pattern in a week to bottom at $29,200 appeared first on CryptoSlate.

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Bitcoin NUL Suggests More Downside To Come Before The Bottom

On-chain data shows the Bitcoin NUL indicator is still below a value of 0. 5, a sign that more downtrend could be in store for the crypto before the bottom is in. Bitcoin Net Unrealized Loss Surges Up, But Still Remains Below 0.

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Bitcoin traders say $34K was the bottom, but data says it’s too early to tell

Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets.

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Building The Case For A Potential Bitcoin False Bottom

Bitcoin price action is fickle lately, moving mostly sideways with a number of unsuccessful breakout attempts. The fact that $30,000 simply won’t break brings back memories of bear market support at $6,000 – which after a full year finally broke down to the real bottom.

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How close is Bitcoin to its 'real bottom'?

Amid the short-term bearishness that Bitcoin is going through, its price registered a noteworthy 5.53% surge in the past 24-hours. In fact, at press time, the largest crypto's market cap was over $615The post How close is Bitcoin to its 'real bottom'? appeared first on AMBCrypto.

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Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom”

The price of Bitcoin has been bouncing this week, going from $31,000 on Tuesday to above $38,400 on Thursday. As of writing, BTC/USD is trading around $37,400. However, despite the jump, the price continues to be in the $30k-$40k range, and until either of the ends are breached, it is hard to pinpoint the direction […] The post Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom” first appeared on BitcoinExchangeGuide.

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Why The Recent China FUD Is Bullish For Bitcoin

Bitcoin price has now tanked by more than 50% from top to bottom, assuming that the bottom is in. The storm of pain for investors has come due to a series of FUD, capped off by China’s strictest stance against crypto yet.

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Is Bitcoin closer to the top or the bottom?

Trading at a value of $31,759 at press time, Bitcoin's net unrealized profit/loss was rejected as it entered the "euphoria" zone on the charts. This is an interesting development, especially since JanThe post Is Bitcoin closer to the top or the bottom? appeared first on AMBCrypto.

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Why the 25% drop was the bottom for Bitcoin

The ongoing Bitcoin price rally has most traders stopping and staring at their portfolios, refreshing their windows every few minutes to capture the unrealized profit/loss. Understandably, the thrill The post Why the 25% drop was the bottom for Bitcoin appeared first on AMBCrypto.

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Bitcoin Could Shortly Determine the Direction of Its Trend

The Bitcoin price has been increasing since reaching a bottom on March 13. However, it has created its first lower high on May 13, possibly signaling an upcoming trend reversal. Ascending Support Line The Bitcoin price has been increasing since it reached a bottom on March 13, following an ascending support line.

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Buying $1K of Bitcoin at the 2018 Bottom Would’ve Made You This Rich

Bitcoin and other crypto-assets are both loved and loathed by traders for their epic volatility. While many have lost everything from it, others have made a fortune by getting in at the right time. So, how much would you have made if you invested $1,000 in BTC during the 2018 bottom? That Momentous Bitcoin Bottom Bitcoin has had an amazing start to 2020, up 44% since its yearly open price. So far, it has outperformedRead More

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Bitcoin Stuns Bears — Soars $800 Back Over $7K to Fill Futures ‘Gap’

Did Bitcoin price just bottom after bouncing strongly off critical support?

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No Bitcoin Capitulation This Year Could Indicate BTC Bottom Is In

Bitcoin continues to crank higher as we end the weekend rounding out a week of gains. The move has led analysts to question whether the dump to $6,500 was the bottom and a trend reversal has finally begun.

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Bitcoin is a Clear Long After Forming Textbook Bottom, Claims Analyst

It is looking increasingly likely that Bitcoin’s recent dip to lows of $6,500 will mark a long-term bottom for the cryptocurrency, as its bulls have been able to propel its price higher and sustain their momentum, with BTC now targeting a movement to $8,000.

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Doom or Double Bottom? — Bitcoin Price Support at $7.8K Is Key

If Bitcoin fails to hold the 61.8% Fib retracement at $7,845, a full retrace and double bottom at $7.4k is possible

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Bitcoin Bottom Has Passed, Delphi Digital Says

Bitcoin (BTC) saw a boost to its volumes in October, especially during the last volatile week of the month. Delphi Digital suggests more active trading may suggest the market bottom is already behind us.

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Bitcoin Correction Bottom Target Is $6,000, Coincides With Production Cost

Bitcoin’s parabolic rally of 2019 is now a thing of the past, and what lies ahead is anyone’s best guess. Crypto analysts are divided, with some calling a quick return to a bull market, while more bearish investors believe that Bitcoin has more to fall and will look for a bottom lower.

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If History Repeats, The Bitcoin (BTC) Bottom Really Is In: Analyst

Analysts Adamant Bitcoin Bottom Is In Over the past few months, there has been a large hubbub around Bitcoin (BTC) falling under $2,000. Most analysts looking for the asset to fall under such a level.

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Crypto Trader Answers Why No More Below $3,000 BTC/USD Price for Bitcoin

As Bitcoin surged to $5k, analysts have turned bullish and now scraping their projection for Bitcoin to see another dip to the $3k bottom. But what makes them bullish? Crypto trader and investor, Josh Rager who has been one of those calling out for a $3k bottom, no more thinks a new bottom would be […]

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Bitcoin is in a ‘perfect storm’ for the rest of 2019 to perform a bullish move

Bitcoin’s collapse from its 2017 high is still continuing. There have been people who said that Bitcoin had bottomed and others who concluded that Bitcoin was yet to bottom. It is impossible to predict the bottom of Bitcoin, however, it can be seen that Bitcoin has had some improvements in the macro scale as compared […] The post Bitcoin is in a ‘perfect storm’ for the rest of 2019 to perform a bullish move appeared first on AMBCrypto.

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Analyst: Playing ‘Catch The Bitcoin Price And Crypto Market Bottom’ Hot Potato Is Hard To Do

Crypto Analyst Says It Is Difficult To Catch Bitcoin’s Bottom It seems difficult to realize when Bitcoin (BTC) is going to reach a bottom. Bitcoin was traded above $6,000 for most of 2018 until November when it dropped under that value.

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Is the Bitcoin Bottom In? IIB Poll Results Suggest 41% of People Think So

Is the Bitcoin (BTC) price bottom in? That’s the question on everyone’s mind. Bitcoin has been in a grueling… The post Is the Bitcoin Bottom In? IIB Poll Results Suggest 41% of People Think So appeared first on Invest In Blockchain.

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Ether Markets Are Mimicking Bitcoin’s 2015 Price Bottom

Ether's bitcoin market (ETH/BTC) is mimicking the structure of bitcoin's bear market bottom in 2015, leaving some to wonder if a long term bottom is being printed.

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Bitcoin Bullish Sentiment: Are We Nearing a BTC Bottom?

As 2019 kicks off, crypto traders and investors everywhere are looking for answers as to what’s in store for… The post Bitcoin Bullish Sentiment: Are We Nearing a BTC Bottom? appeared first on Invest In Blockchain.

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Crypto Analyst Prediction: Bitcoin Price Bottom in December 2018 or February 2019?

Although virtual currencies have been operating in a downtrend since the beginning of the year, Bitcoin and cryptos could reach a bottom in the coming months. According to the Bitcoin and market analyst David Puell, Bitcoin could be reaching a bottom between December and the first quarter of 2019. $BTC: 1/ BAD NEWS: We haven't […]

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Could Affirmation from Bakkt, NASDAQ Signal Bottom for Bitcoin?

The recent delay of Bakkt and Bitcoin Cash fork drama have both worked to amplify the effects of an already brutal bear market over the course of the past weeks. As Bitcoin spiraled below US$4,000, more and more investors, traders, and miners have been forced out of their positions.

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Bitcoin at $10,000 by the End of 2018: Hedge Fund Manager

Bitcoin’s price is close to the bottom, and will bounce back, believes Spencer Bogart.

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Crypto Expert Says Bitcoin Is Ready To Surge

Last Friday, a partner at the crypto focused venture capital firm, Blockchain Capital has claimed that he believes Bitcoin price is about to surge after it soon finds it’s ‘bottom’. This year, the crypto market has seen some massives changes, highs and lows all over the board but last week the markets seemed to be generally positive.

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‘Bitcoin Price to Hit $10,000 this Year, Now Close to Bottom,’ Says Spencer Bogart

On Friday, a partner at crypto-focused venture capital firm Blockchain Capital said that the Bitcoin price has nearly found its bottom, and soon, we will see the next bullish momentum. The post ‘Bitcoin Price to Hit $10,000 this Year, Now Close to Bottom,’ Says Spencer Bogart appeared first on CoinSpeaker.

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