Over the past few weeks, Bitcoin (BTC) has settled in and around the key $7,000 support level. Although some say that this price action is eerily reminiscent of that seen prior to 2018’s capitulation event, during which the price of the leading cryptocurrency tanked from $6,000 to $3,000 after consolidating for months on end, analysts say that the price of Bitcoin is readying for a strong bounce in the upward direction.
Related Reading: Bitcoin Poised to Collapse Under $5,000? Market Cycle Fractal Suggests So
Bitcoin Ready to Bounce Big Time?
In a tweet that went crypto-viral, trader DonAlt noted that he thinks “we’re gonna bounce big time in the next 3-6 months,” drawing attention to the Bitcoin chart seen below. In it, he shows that BTC is consolidating above the key macro support in the low-$6,000s, which is where Bitcoin needed to hold in 2018 to see any chance of a reversal out of the previous bear market.
He added in a reply to his original tweet that he’s “serious” in the assertion that the cryptocurrency market could soon jump. And other analysts agree.
$BTC
I'm pretty sure we're gonna bounce big time in the next 3-6 months. pic.twitter.com/gfwhjLyJR1
— DonAlt (@CryptoDonAlt) January 1, 2020
Per previous reports from NewsBTC, full-time trader Cold Blooded Shiller recently posted the below analysis of Bitcoin’s Renko candle chart, which shows the price action over the past three years.
While there is little on the chart, the trader drew attention to two previous bouts of price action in BTC’s history, during which the price rallied by 32% and 40%, respectively, after a bullish divergence was formed between his indicator and the price.
The same divergence is forming yet again, implying that BTC could soon rally by up to 40%, which would mean the price of the asset would take $10,000.
Do with this chart whatever you please $BTC bulls. pic.twitter.com/5hADWZJb5B
— Cold Blooded Shiller (@ColdBloodShill) December 31, 2019
That’s not to mention that a prominent analyst — one who called in October called the scam pump to the $10,000s and the latest decline to the $6,000s — said that he believes BTC is likely to rally 40% in the coming months.
Related Reading: Federal Reserve’s Record $235 Billion Repo Intervention Validates Bitcoin
Do Bears Have Any Control?
Although analysts across the board are leaning more bullish than bearish, there is some evidence to suggest that bears may still be in control of the cryptocurrency market’s directionality.
Former Wall Street trader turned Bitcoin analyst Tone Vays said in a recent interview with BlockTV, an industry media outlet, that he still expects for Bitcoin to see “the next low to come in [during] the first quarter of 2020.” As to where this low in the cryptocurrency market will come in, the long-time cryptocurrency trader looked to the $5,000s, claiming that there’s a high probability Bitcoin will enter that range to put in a fresh low.
#WEEKINREVIEW: "I think we could have a little bit of a rally into the close, but I'm not really expecting anything above $8,000 any time soon. I'm looking for the next low to come in in the first quarter of 2020." – @ToneVays.
See Tone's full analysis: https://t.co/jhKiJ3gUWw pic.twitter.com/Wiz3A3irND
— BLOCKTV (@BLOCKTVnews) December 27, 2019
This comes after November’s monthly candle close resulted in the Moving Average Convergence Divergence (MACD) — which is a “trend-following momentum indicator that shows the relationship between two moving averages of a security’s price” — crossing bearish for the first time since May of 2018, which was prior to Bitcoin’s extended bearish move from the $10,000s to the $3,000.
Related Reading: Why a Fund Manager Thinks Bitcoin Will Rally 25% to $9,000 In One Month
Featured Image from Shutterstock The post appeared first on NewsBTC. origin »
Bitcoin’s 2025 Q4 performance has been marked by heavy market corrections, pushing prices as low as $80,000. As the premier cryptocurrency struggled to resume its bullish trajectory, recent on-chain data has emerged suggesting little potential for a major price move.
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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.
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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?
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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.
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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.
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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.
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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.
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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 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.
Bitcoin Magazine
Bitcoin Price Slumps to $88,000 Near Seven-Month Low As Crypto Stocks Crash
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Bitcoin Magazine
Bitcoin Price Teeters at $93,000 as Bears Press Their Advantage
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Bitcoin Magazine
Bitcoin Price Rebounds Above $103,000 After Dipping Below Six Figures — Bull Run Next?
After hitting $98,892 yesterday, Bitcoin traded at $103,561 today.
This post Bitcoin Price Rebounds Above $103,000 After Dipping Below Six Figures — Bull Run Next? first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
Over $1.2 billion left US Bitcoin ETFs this week as Bitcoin tumbled below $104K, but on-chain data shows long-term holders are staying firm.
The post $1.2B Left BTC ETFs This Week, but Not All is Lost for Bitcoin Price appeared first on Coinspeaker.
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