Since our last market update, the Bitcoin price has continued higher, with the rate of growth exploding so far that the price of the cryptocurrency has gone vertical, briefly tapping $6,375 just minutes ago.
At that price, BTC was up 15% on the day, easily outperforming the American stock market indices of the S&P 500 and the Dow Jones, which have posted slight gains (of 1% to 2%) on the day.
$6,410 Is Key For Bitcoin
Although bullish, Bitcoin has yet to make it past $6,410, a key level. As pointed out by cryptocurrency trader Smack, there is a confluence of resistance at that exact level: the top of the four-hour and six-hour Ichimoku Cloud, the exact bottom of the 2019 retracement on BitMEX, and the middle band of the volume profile, meaning that this level is one of BTC’s most important price points.
If we break upwards, I have my eyes set on 6410 for a rejection. A LOT of confluence at that exact level. #BTC pic.twitter.com/1bYdemq6Dd
— Smack (@SmackTrades) March 19, 2020
Bitcoin breaking this level may confirm that there’s more upside in store for this market, though it seeing a rejection at $6,400 may be indicative of further downside.
Trend Is Getting Bullish
The trend is getting bullish, though. Analyst Galaxy noted that a trend indicator that nailed the $6,400 bottom in December, then predicted a retracement when BTC was trading at $10,000, has just printed a buy signal for the first time since December. This would suggest a reversal is underway.
Not to mention, there are many fundamental reasons to be bullish on Bitcoin. Hunter Horsley, CEO of Bitwise Asset Management, shared a few:
Bitcoin has started to decouple from traditional markets, proving that it may act as a safe haven in the ongoing crisis.
72% of Coinbase clients are buying BTC, per data from the company itself.
The Bitcoin block reward halving is 50 days away.
Billions of dollars may return “when levered longs return.”
Central banks have printed trillions worth of dollars to stimulate the economy, setting the stage for inflation that may benefit cryptocurrency.
HUGELY bullish dynamics for Bitcoin right now:
– BTC flat during HISTORIC risk-off days in markets.
– 72% on Coinbase buying.
– The Halvening is 50 days away.
– Billions in buys coming when levered longs return.
– And if 1% of >$2T+ of stimulus finds its way to Bitcoin…
— Hunter Horsley (@HHorsley) March 18, 2020
Featured Image from Shutterstock origin »
Bitcoin price is under pressure again, with BTC trading near $87,500 after a pullback from recent highs above $100,000. The latest dip has raised questions about whether the market is entering a deeper correction or simply digesting gains after a strong rally earlier in the year.
The Bitcoin price has struggled since dipping from the psychological level of $90,000. There’s risk for a potential bearish extension below $87,000 as risk assets waver. BTC price could dip to $85,000 or lower if bears take control.
Bitcoin price has traded below its two-year bull market channel for six weeks, with a 2021-style rounded top and VanEck’s hashrate drop data framing a pivotal retest of resistance. Bitcoin price is currently trading below its long-term bull market channel…
Bitcoin has shown mixed price action in recent sessions, marked by sharp fluctuations and tentative recovery attempts. BTC rebounded after a brief breakdown, yet momentum remains fragile. A key concern is weakening confidence among one of Bitcoin’s most influential cohorts, which could complicate efforts to sustain a broader price recovery.
Bitcoin continues to consolidate within the $88,000 price zone, resulting in no significant price move over the last day. The “digital gold” had experienced a highly volatile trading week, marked by swift price swings between $85,000 and $90,000.
Bitcoin price looks stuck at first glance. Over the past 24 hours, the price has been nearly flat, down just 0. 2%. Even on a weekly basis, Bitcoin has barely moved, up roughly 0. 7%. The market feels quiet, and many traders are calling this range-bound action.
Standard Chartered, the multinational banking giant, is in the news today after it significantly revised its price forecast for Bitcoin. In fact, it dramatically cut its 2025 projection in half.
ThisThe post Bitcoin - Standard Chartered's revised projection and why THIS is 'no longer a price driver' appeared first on AMBCrypto.
Data from the analyst shows that Ethereum has outperformed Bitcoin in price action as institutional investors pump massive funds into the largest altcoin.
Bitcoin has been oscillating within a defined price band on the chart, largely between $89,000 and $93,000.
On-chain analysis shows this movement is a back-and-forth between investors becoming profitThe post Bitcoin price recovery? 3 signals reveal why traders remain cautious appeared first on AMBCrypto.
The Bitcoin price is at $92,200 in intraday trading on December 8, 2025. The benchmark digital asset is slightly bullish after bulls suffered a negative tilt in November. While weakness continues to linger as price hovers near the $90,000 mark, eyes are on the US Federal Reserve.
Crypto markets are experiencing one of the most dramatic momentum splits of the year. Bitcoin is struggling to climb back above the critical $88,800 Active Realized Price, a level that could determine whether BTC stabilizes or faces further selling pressure.
Bitcoin derivatives remain stable despite BTC revisiting the $89,000 level. Is the futures market’s resilience an early hint that traders expect a price reversal?
Bitcoin price outlook after BTC breaks below the 50-week moving average. While it’s a buy opportunity, bulls risk seeing another pullback and a revisit of sub-$90k levels. A flip of $95,000 into key support could allow for bullish retests of highs above $104,504.
Bitcoin's ongoing price correction has triggered a wild 512.73% liquidation imbalance, putting bulls under pressure with $268.07 million in BTC longs flushed out.
Bitcoin price has fallen off the $100,000 threshold after fighting to stay above the mark. At the moment, it is trading at $99,926. What triggered the sell-off? The price of Bitcoin has officially dipped below the psychological $100,000 mark, indicating…
Bitcoin price faces resistance at $116,000, a high-timeframe confluence zone. Multiple rejections raise concerns that a bull trap could form if price loses momentum and key levels. Bitcoin (BTC) price has surged to the $116,000 level on Tuesday, testing a…
The Bitcoin price action has been somewhat impressive in 2025, as the flagship cryptocurrency ascended from around $93,300 in early January to its current all-time-high price of $126,000 this month. While the digital asset saw a couple of resets along the way, it continued to put in new highs, reflecting the magnitude of confidence held by its long-term investors.
Bitcoin Magazine
Bitcoin Price Slips Below $107,000, Analysts See a Buy-the-Dip Moment
Bitcoin price continues to bleed today, trading near $107,500. Analysts think this price is a 'buying' opportunity.
The concept of a price battleground in Bitcoin markets refers to a critical price range where the forces of buying and selling pressure are in a fierce and decisive contest. This is where the outcome is expected to determine BTC’s overall direction and confirm a continuation of a bull market or bear market correction.
Despite the red-hot start to the month, the historically bullish “Uptober” period has not particularly gone according to the expectations for the Bitcoin price. Following the market-wide downturn on October 10, the premier cryptocurrency has not been able to mount a clear recovery back to its former highs.
Bitcoin price is trading near $111,500. Losing this region could trigger a deeper correction below $100,000 toward the $97,700 range low. Bitcoin’s (BTC) price is entering a critical juncture as it trades within a broad high time frame range following…
The latest Bitcoin price rally appears to be losing momentum after a record-breaking run, with prices now testing key levels that could decide its next move. Bitcoin price is trading around $122,000 at the time of writing, reflecting a modest…
Bitcoin price is edging closer to new all-time highs, supported by a rise in open interest. With price action holding above key levels, the market structure remains firmly bullish. Bitcoin’s (BTC) momentum continues to build as price approaches the upper…
Bitcoin price is targeting a fresh rally to the $120,000 mark. The US government’s partial shutdown has seen BTC price break the key level of $117,000. Flight to safe-haven assets, and market bets on Federal Reserve interest cuts could fuel bulls’ ambitions.
Bitcoin is holding steady around $110,900 today after a choppy August filled with price swings and macroeconomic jitters impacting the current Bitcoin price prediction. Things seem to be settling down, with sentiment improving on the back of ETF inflows, a…
Key Takeaways
Bitcoin’s price rally shows strength from whale outflows and valuation gains, but weakening user activity and long-term selling stir concerns about its sustainability.
BitcoiThe post Bitcoin’s invisible resistance isn’t price: It’s THIS on-chain imbalance appeared first on AMBCrypto.
Bitcoin whale inflows surge by $17B in four days, nearing levels seen before past market tops as BTC tests resistance around $120K amid strong price momentum.
BTC price action shows Bitcoin might be on the verge of another drop below the $100,000 mark. On the daily chart, Bitcoin is moving inside a descending broadening wedge pattern. This means the price is trading between two downward-sloping trendlines that are gradually getting wider apart.
Bitcoin price is pushing past $107K and setting the stage for what could be a historic final leg to 2025. As tensions cool in the Middle East and global markets regain momentum, crypto is once again commanding headlines.
Bitcoin (BTC) price hit $99,000 over the weekend, catching most traders unawares. The drop saw the price fall as global tensions rose following U. S. airstrikes against Iranian nuclear sites. With the crypto market panicking with fear, most of the investors questioned whether this was the ‘beginning of the end’ for a bigger correction.
Bitcoin's price and value have surged significantly throughout the cycle
Miners have failed to keep pace with the aforementioned surge though
Over the past year, Bitcoin's [BTC] price perforThe post Bitcoin's price, miners, and THIS volatility indicator - All the details! appeared first on AMBCrypto.
Bitcoin price momentum has stalled, with geopolitical tensions affecting hedging activity
Will BTC hold on to the $100k-$110k price range?
Bitcoin's [BTC] price has shown remarkable resilienThe post Bitcoin price prediction - Will $100K hold on despite risk-off sentiment? appeared first on AMBCrypto.
Bitcoin price is hanging just under $105,000 after a strong multi-month rally, but some well-known traders are starting to sound the alarm. According to Crypto Seth and CryptoPatel, the charts are flashing signs that a correction might be around the corner.
On-chain analytics firm Santiment has explained how Bitcoin could currently be undervalued based on its 4-year correlation to Gold and S&P 500. Bitcoin Has Underperformed Against Gold & S&P 500 Recently In a new post on X, Santiment has discussed about BTC’s recent trend relative to Gold and S&P 500.
Во второй половине дня вторника крипторынок продолжил падать: биткоин едва не пробил $99 000, эфир упал до четырёхмесячного минимума, а общий объём ликвидаций за сутки превысил $2 млрд. Биткоин впервые за полгода опустился ниже $100 000.
Bitcoin Magazine
S&P 500 and Gold Can Now Be Traded in Bitcoin Terms
Roxom has launched the first-ever Bitcoin-denominated perpetual futures, allowing traders to benchmark and trade the S&P 500 and Gold directly in Bitcoin terms instead of traditional currencies.
Открытый интерес к биткоину опустился до минимального значения за последние шесть месяцев. В последний раз такое происходило, когда BTC торговался в диапазоне $50 000–$60 000, а затем совершил рывок к $100 000.
