At press time, bitcoin is retaining its $ 6,100 price from yesterday.
Its initial slump to $ 6,700 occurred after hovering at the $ 7,600 mark for some time, and now the price is just $ 100 away from its February low.
While bitcoin did drop below $ 6,000 during yesterday’s evening hours, things didn’t last, and the coin quickly pushed itself back up to $ 6,100, where it has been ever since.
Bitcoin has allegedly lost over 70 percent of its value since December, when it managed to strike near the $ 20,000 range.
However, many analysts are unconcerned about the currency’s recent behavior, saying it’s all part of a downward trend that was predicted long ago.
As the market volatility heats up again, the price of Bitcoin witnessed a pullback, bringing it closer to the $90,000 threshold. While BTC’s price faces a pullback, key on-chain metrics are beginning to follow suit, reaching levels that could shape or determine the next trajectory of the market.
Bitcoin Magazine
Bitcoin Price Forecast Tools and Cycle Valuation Metrics
This One Chart Has Never Missed a Bitcoin Price Top or Bottom in 15 Years
This post Bitcoin Price Forecast Tools and Cycle Valuation Metrics first appeared on Bitcoin Magazine and is written by Matt Crosby.
Bitcoin Magazine
Bitcoin Price Fights For $90,000 Despite Fed Rate Cuts
The bitcoin price fell on Wednesday night into Thursday, falling from $94,000 to below $90,000.
This post Bitcoin Price Fights For $90,000 Despite Fed Rate Cuts first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Bitcoin (BTC) is trading in a narrow range between $92,000 and $94,000, a zone that could dictate whether the cryptocurrency rallies toward $100,000 or retraces to around $90,000.
When Strategy disclosed its acquisition of more than 10,000 Bitcoin worth $1 billion, market watchers anticipated an immediate rally. Instead, Bitcoin’s price barely moved. The muted response was not a reflection of weak demand but the result of how the purchase was executed.
Bitcoin Magazine
Bitcoin Price Skyrockets to $94,000 as Banks Start to Embrace Bitcoin
The bitcoin price is pumping this morning, currently trading above $94,000.
This post Bitcoin Price Skyrockets to $94,000 as Banks Start to Embrace Bitcoin first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
The Bitcoin price in December is now a key focus, given that the market ended November on a weak note. Bitcoin dropped more than 17% this month, breaking its usual November trend and raising questions about whether the recent $80,000 bounce was the real bottom.
Bitcoin Magazine
Bitcoin Price Dip Or New Bear Market?
Bitcoin Price Under Pressure as LTHs Distribute: Rising VDD Multiple & Falling Long-Term Holder Supply Show No Capitulation Yet.
Bitcoin has spent the past several weeks trapped in a persistent decline, wiping hundreds of billions of dollars from its market value and reversing nearly a year’s worth of gains. The pullback has pushed the price far below its October all-time high of $126,000 and has dragged sentiment with it as traders search for answers.
Bitcoin Magazine
Bitcoin Price Teeters at $93,000 as Bears Press Their Advantage
Bitcoin price is struggling to hold $93,000 as thin liquidity, leverage-driven volatility, and a critical break in market structure fuel one of the most bearish stretches of the 2025 cycle.
Bitcoin Magazine
Bitcoin Price Jumps Near $94,000 After Sub-$90,000 Dip
Bitcoin price briefly fell below $90,000 overnight before rebounding to the $94,000 range, trading near its weekly high, with over 19.
Bitcoin Magazine
Bitcoin Price Freefalls Down to $91,0000 and New Lows
Bitcoin price has fallen nearly 30% from its early October peak near $126,000, trading in the $92,000–$95,000 range as investors weigh Fed uncertainty and missing economic data.
Bitcoin Magazine
Bitcoin Price Plunges to $94,000, Hitting Six-Month Low as Macro Fears Mount
Bitcoin price was trading between $94,000 and $97,000 today, its weakest level since early May and a steep fall from October’s $126,296 all-time high.
Bitcoin Cash price is under selling pressure, testing support near $470. 8 and $460. 3. Bitcoin pullback and market fear amplify downside risks for the BCH price. Key resistance sits at $528. 85, with potential upside if support holds.
Bitcoin Magazine
Bitcoin Price Crashes Below $98,000 Close to Six-Month Lows
Bitcoin price plunged to $98,000 as long-term holders sold at record levels, institutional demand weakened, and broader market fatigue set in amid a fragile post-shutdown U.
After months of upward momentum, Bitcoin is pausing to catch its breath. The Bitcoin price is solidly above $100K, and volatility is near the lowest it’s been in years. Analysts see this consolidation phase as reminiscent of past pre-rally setups,…
Bitcoin’s rally has hit a pause near the $105,000 level after a strong post-halving recovery, leaving traders on edge as the world’s largest cryptocurrency tests key resistance zones that could decide its next major move.
The price of Bitcoin has struggled so far in the month of November, briefly falling below the psychological $100,000 level twice already. Although the flagship cryptocurrency appears to be in a state of calm this weekend, a recent on-chain evaluation shows the possibility of more price corrections in the short term.
Bitcoin price has plummeted into a bear market after falling by 20% from its highest level this year, and top technical indicators point to a steeper crash in the near term. Bitcoin (BTC) was trading at $101,900 on Sunday, down…
Bitcoin Magazine
Mathematically Predicting Bitcoin Price Floor
Data models suggest the next bitcoin price bear market may be shallower than past cycles, revealing how maturity is reshaping Bitcoin’s volatility.
Earlier today, a suspicious transaction involving SeamlessFi on the BASE network raised alarm after a malicious contract was deployed on September 13, 2024, at 11:57:04 UTC. Just minutes later, at 13:04:40 UTC, a hack was executed, resulting in the theft of approximately $130,000.
In a remarkable achievement, Base has surpassed 1 million daily active addresses, marking an all-time high for the platform. The launch of Base Name Service (BNS) on August 21st is credited as the primary driver behind this surge.
After increasing by more than 25% from the monthly low, Binance Coin faced rejection and remained indecisive for the past week. It may repeat a recent bearish pattern if the price continues to turn weak daily.
The U.S. Federal Reserve has released a blog post showing the instability of Bitcoin against the U.S. dollar when buying eggs, however, the crypto community was quick to point out the reality of the situation.
Traditional investing is overwhelmingly dominated by men, but Web3 is a blank slate. With more women coming into the fold, we can break the narrative of exclusivity.