BTC faces bull-trap risks due to the formation of a bear flag pattern, with a measured downside target at around $51,000.
BTC Markets News
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“Even after the recent price rally, fundamental and technical indicators still point to a bear market environment,” said CryptoQuant.
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A symmetrical triangle breakout and an unfilled CME gap are boosting the case that Bitcoin may revisit $80,000 in March.
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Compressed volatility, strengthening ETF flows and a diminished Coinbase discount “are not characteristics of a market accelerating into a fresh leg lower,” said 10x Research.
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Crypto markets stabilized after geopolitical shockwaves from US-Israeli air strikes on Iran rattled risk assets.
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Bitcoin’s weekly candle closed before a key moving average, breaking a 30-month trend and possibly signalling that new price lows are pending.
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With Bitcoin sentiment at four-year lows, analysts have flagged historic oversold signals and potential seller exhaustion.
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If Bitcoin posts a loss at the end of this month, it will also mark Bitcoin’s first time ending both January and February in the red.
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Bitcoin has seen record realized losses in one of the cryptocurrency’s largest-ever capitulation events as short-term holders sold at steep losses amid its decline.
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Bitcoin’s recent moves track liquidity stress more than Fed rate cuts. Here’s how balance sheet policy and cash flows shape crypto markets.
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Bitcoin plummeted to a low of around $60,000 after the Crypto Fear & Greed Index hit its lowest score since mid-2022, when the Terra blockchain collapsed.
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Bitcoin risks a deeper slide as miners and US spot ETFs cut BTC exposure, adding supply pressure during a fragile downtrend.
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Bitcoin plunged to a nine-month low as geopolitical tensions, tariff threats, and tech earnings concerned traders, triggering billions of dollars worth of long liquidations.
4798 - Markets News
Data shows February tends to be one of BTC’s best performing months, leading Bitcoin network economist Timothy Peterson to dub it the real “Uptober” event. Will history repeat?
4269 - Altcoin Watch
XRP price plunged below $2 amid a market-wide sell-off as strong spot ETF inflows and a surge in XRP Ledger transactions failed to lift investor sentiment.
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