BTC Markets News

Bitcoin price is flatlining within a narrowing range primarily due to unpredictable US economic policies, liquidity contraction, and other factors.

A key Bitcoin indicator reveals that the downtrend may continue with a classic bearish continuation pattern suggesting that the BTC price could go as low as $60,000.

Bitcoin may drop toward the range low at $78,200 range in the coming days if it loses the key support provided by the 200-day EMA trendline.

Bitcoin bulls face an uphill struggle to stem selling amid worries that BTC price weakness will end up challenging levels around $90,000.

Bitcoin has fallen 10% so far this month, but analysts say it has dropped between 25% and 30% in January in past post-halving markets.

The Bitcoin market has yet to reach the unsustainable euphoria typically observed at the peaks of previous BTC price bull runs.

Bitcoin price targets for 2025 range from $100,000 to $200,000, but a fractal indicator warns about a 40% crash first. 

Analysts continue to forecast a Bitcoin price target anywhere between $140,000-$500,000 during the current market cycle.

Flow Traders will buy a stake in Wormhole's token and facilitate cross-chain crypto swaps. 

Bitcoin’s recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000. 

Bitcoin still faces significant resistance at $62,000, and if it breaks, it could liquidate over $845 million of leveraged shorts.

Onchain activity suggests that Bitcoin whales have accumulated BTC over the past month amid a market slump.

Bitcoin fell to a low of approximately $49,000 following market turmoil brought on by the Bank of Japan’s rate hike and the Federal Reserve’s inaction.

Bitcoin declined by a very similar amount following the 2016 halving and before the 2017 bull run.

Presidential candidate Robert F. Kennedy Jr. heard about Bitcoin from his kids. Now, he believes it should be part of the bedrock of America’s monetary system.