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Tag: bitcoin news

  • Bitcoin Hovering In A Descending Range, But Alts Are Quietly Gaining Momentum

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    Bitcoin is holding steady within a descending range, showing little directional conviction, while several altcoins are quietly building strength. As the market consolidates, these smaller assets could hint at early upside moves before BTC breaks out.

    Key Resistance In Focus: $90,588 And The Descending Trendline

    According to a recent update by Kamile Uray, there are no changes in the key levels being tracked on the daily chart, as the focus remains on the $90,588 level and the descending blue trendline. Unless BTC can close above these levels, the current decline may continue. Any upward moves below the blue descending trend are considered corrective rather than a trend reversal.

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    The first support zone to monitor during the decline is between $83,822 and $82,477. A daily close below $82,477 would signal a continuation of the downtrend and could open the door toward the $74,496–$71,237 zone, marked by the blue box. This lower zone is viewed as a strong support area where buyers may step in.

    BTC still below a descending trendline | Source: Chart from Kamile Uray on X

    Thus, a clear reversal confirmation is key before considering any significant upward move. Once confirmed, a rally toward the blue descending trendline could follow, testing resistance levels along the way.

    For the uptrend to resume decisively, BTC would need to close above $90,588 and break the descending resistance. Meanwhile, a daily close above $94,130 would confirm that the blue descending trend has been broken, potentially signaling a shift to sustained bullish momentum.

    LTF Moves Show Less Impulse, But Structure Holds

    Crypto analyst The Penguin noted that the lower time frame (LTF) is showing slightly less impulsive action, though the overall count remains unchanged. The recent moves on the LTF appear more like noise and do not affect the broader wave count, and confidence in a leading diagonal for wave 1 remains intact.

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    Putting Elliott Wave analysis aside for a moment and leaning on standard technical analysis, BTC is clearly respecting a defined range. As a result, a minor deviation toward the 0.886 level marked on the chart is being closely watched as a potential entry point.

    Bullish confirmation will come if BTC manages to close and hold above $90,500, which would invalidate the current bearish scenario and signal the potential for a more sustained upward trend. Until then, the short-term fluctuations are considered normal noise, especially with the yearly open approaching.

    On the altcoin side, momentum appears to be holding, suggesting potential upside. Outperformance is already visible in altcoins like XPL, indicating that while BTC consolidates, some alts are starting to push higher.

    Bitcoin
    BTC trading at $87,481 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured image from Getty Images, chart from Tradingview.com

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    Godspower Owie

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  • Why $100,000 Is Bitcoin’s Most Important Resistance Level

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    Bitcoin is struggling to regain momentum below the $90,000 level, yet it continues to hold above $86,000, reflecting a market gripped by indecision. Price action has narrowed into a tight range, with neither buyers nor sellers able to assert clear control.

    As volatility compresses, apathy has become a defining feature of the current environment, and an increasing number of analysts are openly discussing the possibility that the market is transitioning toward a broader bear phase.

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    While price levels dominate headlines, on-chain data suggests the more important battle is unfolding beneath the surface. According to CryptoQuant analyst Burak Kesmeci, Bitcoin’s current positioning cannot be understood by price alone.

    Instead, attention is shifting toward the cost bases of key market participants, particularly whales and Binance spot users. Even with Bitcoin trading around $87,000, the most consequential level sits significantly higher.

    Data shows that the average cost basis of new whales, defined as holders with coins younger than 155 days, is clustered around $100,500. This zone represents a critical break-even threshold for large players who entered the market recently.

    As a result, every approach toward $100,000 carries heightened significance. That level may either trigger distribution, as whales seek to protect capital, or mark the start of renewed accumulation if confidence returns.

    Cost Basis Data Maps Bitcoin Real Support and Resistance

    The report highlights that beneath Bitcoin’s current price action, cost basis data offers a clearer framework for understanding market risk. For Binance spot users, the average cost basis sits near $56,000. This level represents the largest concentration of spot volume in the market and effectively defines the “deep water” zone if conditions deteriorate.

    In a prolonged bearish phase, $56K is where the bulk of spot holders would be tested, making it a critical long-term support area rather than a short-term trading level.

    Bitcoin new whales cost basis, Binance user deposit addresses | Source: CryptoQuant

    Long-term whale positioning adds another important layer. The cost basis for whales holding Bitcoin longer than 155 days is clustered around $40,000. This means these participants are still sitting on profits of more than 2x, even after the recent correction.

    That profit cushion helps explain the rise in realized gains seen over recent weeks. For many long-term holders, current prices already represent a satisfactory exit, increasing the incentive to distribute into strength rather than aggressively accumulate.

    Taken together, the data reframes Bitcoin’s market structure. The key short-term ceiling remains near $100,000, where newer whales approach breakeven and supply tends to emerge. On the downside, $56,000 stands out as the level where spot market conviction would be most severely tested.

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    Bitcoin Consolidates Above Key Weekly Support as Momentum Cools

    Bitcoin is trading near the $88,700 level on the weekly chart, stabilizing after a sharp pullback from the $120,000–$125,000 highs reached earlier this cycle. While the broader uptrend from 2024 remains intact, recent price action signals a clear slowdown in momentum. The market has shifted from an impulsive expansion phase into a corrective and consolidative structure, with volatility compressing around a critical support zone.

    BTC consolidates around critical level | Source: BTCUSDT chart on TradingView
    BTC consolidates around critical level | Source: BTCUSDT chart on TradingView

    Technically, Bitcoin is holding just above its rising medium-term moving average, which has acted as dynamic support throughout this bull cycle. The rejection above $110,000 marked a decisive loss of upside control, and the failure to quickly reclaim that zone suggests distribution rather than a brief pause. At the same time, price remains well above the long-term moving average, reinforcing that this move is still corrective within a larger trend, not yet a confirmed trend reversal.

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    Volume dynamics support this interpretation. Selling pressure expanded during the initial breakdown, but recent weeks show declining volume as price stabilizes between roughly $86,000 and $90,000. This points to seller exhaustion, though buyers have yet to step in with conviction.

    Structurally, the $86,000–$88,000 range is pivotal. Holding this zone keeps the higher-timeframe bullish structure alive. A clean breakdown would expose deeper downside. While a recovery above $95,000 would be needed to reassert bullish momentum and reopen the path toward prior highs.

    Featured image from ChatGPT, chart from TradingView.com 

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    Sebastian Villafuerte

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  • Bitcoin Has Entered A Bear Market, And This Data Backs It Up

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    The ongoing Bitcoin price play out leading into a bear market is now one of the most pressing questions in the crypto industry. Right now, Bitcoin is trading between $87,700 and $88,000, which is a 30% drop from the all-time high it reached in October 2025. 

    Price action alone often leaves room for debate, but on-chain data is beginning to offer clearer guidance. Notably, analysis from CryptoQuant shows that Bitcoin’s internal market structure is shifting in a way that aligns more closely with early-stage bear market conditions.

    BCMI Drops Below Equilibrium

    The important bear market signal is from Bitcoin’s Combined Market Index, or BCMI, which is a composite indicator that blends price behavior with on-chain momentum. According to Woo Minkyu, a verified analyst on the CryptoQuant platform, Bitcoin’s BCMI returned to the 0.5 level in October. This was initially interpreted as a cooling phase rather than a definitive cycle top. At the time, the assumption was that Bitcoin was consolidating after an extended rally.

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    However, that view has weakened with the deterioration of market conditions. Particularly, Bitcoin’s price action has declined materially since late October, and the BCMI has fallen in tandem with the price. This joint decline suggests the market has reset not only through time but also through valuation and participation. 

    Source: Chart from CryptoQuant

    As shown on the chart below, the BCMI has now slipped below its equilibrium zone, and this is a development that is known to coincide with transitions into bearish phases, where rallies tend to be capped, and downside risks increase.

    A closer look at prior Bitcoin cycles adds more context to the current setup. In both 2019 and 2023, meaningful cycle bottoms formed only after BCMI compressed into the 0.25 to 0.35 range. Those levels reflected deep sentiment compression, washed-out positioning, and a structural reset of the market.

    At current readings, Bitcoin’s Combined Market Index is less than 0.4. This reading is below equilibrium but still well above a bottom zone. This opens the possibility that the market is transitioning into a bear phase, not just experiencing a pullback.

    According to the analyst, a more durable bottom may only form if history repeats itself and the BCMI revisits 2019-2023 levels.

    Weak Sentiment Adds To Bear Market Evidence

    Market sentiment is also supporting the idea that Bitcoin is moving deeper into a bearish phase. Optimism has been really scarce in recent weeks, with traders showing little confidence that the price has found a sustainable floor. CoinMarketCap’s Crypto Fear and Greed Index is currently posting a reading of 28, which places sentiment firmly in the Fear zone.

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    This poor sentiment backdrop has been affirmed by industry commentary. For instance, Changpeng Zhao recently noted that many investors only wish they had bought Bitcoin early when prices were already at all-time highs. In practice, those early accumulations happened during periods like the present one, when fear, uncertainty, and doubt dominate market psychology.

    Bitcoin
    BTC trading at $87,510 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured image from Pixabay, chart from Tradingview.com

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    Scott Matherson

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  • Analyst Reveals Bitcoin Make Or Break Level Amid Campaign For $90,000

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    Bitcoin (BTC) is trading at a critical level as market participants watch closely for its next major move. A crypto analyst has revealed that the leading cryptocurrency is approaching a make-or-break level as it hovers around a key support zone that has been holding the price in the short term. The analyst has also outlined clear upside and downside levels that could determine whether the Bitcoin price regains momentum towards $90,000 or faces renewed downward pressure. 

    Bitcoin To Face Make Or Break Zone At $100,000

    In an X post this Monday, crypto expert CyrilXBT presented a fresh Bitcoin market outlook suggesting its price could be nearing a critical make-or-break level. He noted that Bitcoin was still in a broader downtrend from its peak, but recent price action suggested the market may be forming a base rather than continuing lower. 

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    The accompanying chart clearly reflected this bearish structure. It showed a series of lower highs after the market peak, reinforcing the idea that BTC is presently in a decline. Price action was also compressed into a tight range above a highlighted support zone, signaling indecision between buyers and sellers. 

    Source: X

    According to CyrilXBT, fortunately, the $84,000 to $88,000 zone has been doing most of the heavy lifting, with buyers actively defending it. He revealed that repeated tests of this range had failed to produce a decisive breakdown, showing that demand remained present despite sustained selling pressure. 

    CyrilXBT has stated that as long as Bitcoin continues to hold the $84,000 to $88,000 region, prices will move upward at a slow but steady pace rather than making an explosive move. He noted that this type of structure often pushes BTC toward the $92,000 to $95,000 range, which he has set as BTC’s first upside target. This move is described as a recovery attempt within the existing trend rather than a complete reversal. 

    The analyst pointed to $100,000 as the most important level above the current price. He noted that this level had previously provided strong support and had now flipped to resistance. He further described $100,000 as the true make-or-break level that would determine whether Bitcoin could regain bullish momentum.

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    BTC Risks Crash If Resistance Fails 

    In his post, CyrilXBTC noted that if BTC fails to hold $100,000, its price outlook could turn bearish quickly. The crypto analyst disclosed that a loss of the $84,000 area could trigger a steeper decline toward lower support zones between $76,000 and $72,000. He also indicated that this area represented the next major level at which buyers could step in to prevent further downside.  

    At the time of writing, Bitcoin is trading above $87,000 after declining by more than 8.5% this year. If a crash below $84,000 occurs, the cryptocurrency could lose between 12.6% and 17.2% of its market value.  

    Bitcoin price chart from Tradingview.com
    BTC price price continues dump | Source: BTCUSD on Tradingview.com

    Featured image created with Dall.E, chart from Tradingview.com

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    Sandra White

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  • The Gold-to-Bitcoin Rotation Narrative Gains Strength: A Data-Driven Review

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    Bitcoin is once again attempting to reclaim the $90,000 level, but price action remains capped below this key psychological threshold. Despite several short-lived relief rallies, momentum has failed to follow through, reinforcing growing concerns that the broader market structure is weakening.

    As volatility persists and upside attempts stall, an increasing number of analysts are beginning to openly discuss the possibility that Bitcoin may be transitioning into a bear market phase. Sentiment across derivatives and spot markets has turned noticeably more cautious, with risk appetite continuing to fade.

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    In this context, a recent report by Darkfost draws attention to a familiar but controversial narrative: capital rotation from gold into Bitcoin. With gold setting a new all-time high above $4,420 per ounce, the idea that investors may soon shift capital toward Bitcoin is resurfacing across the market.

    Historically, this narrative has gained traction during periods when traditional safe-haven assets outperform, fueling speculation that Bitcoin could follow as an alternative store of value.

    However, Darkfost cautions that this assumption is far from well-grounded. While the rotation thesis has been widely repeated throughout this cycle, empirical evidence linking gold outperformance directly to sustained Bitcoin inflows remains weak.

    Rather than signaling an imminent bullish turn, the current setup suggests that Bitcoin remains vulnerable, caught between macro-driven narratives and deteriorating internal market structure.

    Testing the Gold-to-Bitcoin Rotation Thesis

    Darkfost emphasizes that the popular narrative of capital rotating from gold into Bitcoin lacks direct, verifiable evidence. To address this, he constructed a comparative framework to identify periods where such rotations may have occurred. He did this without assuming a causal relationship. The core issue, as he notes, is that on-chain and market data cannot conclusively prove that capital exiting gold is the same capital entering Bitcoin.

    Gold – Bitcoin Rotation | Source: CryptoQuant

    To approximate potential rotation phases, Darkfost applied a simple but disciplined signal structure. A positive signal appears when Bitcoin is trading above its 180-day moving average while gold is trading below its own 180-day moving average. In theory, this configuration suggests relative strength shifting toward Bitcoin. Conversely, a negative signal is triggered when both Bitcoin and gold trade below their respective 180-day moving averages. Indicating a broad risk-off environment rather than a rotation.

    This methodology allows historical comparison across cycles, highlighting moments where relative performance diverged. However, the results challenge the simplicity of the narrative. As shown on the chart, these signals do not produce consistent or reliable outcomes. In several instances, supposed rotation periods failed to generate sustained upside for Bitcoin. At other times, Bitcoin rallied independently of gold’s trend.

    The takeaway is clear: capital rotation between gold and Bitcoin is not an absolute or mechanical process. Market behavior appears far more nuanced. Driven by broader macro conditions, liquidity dynamics, and investor positioning rather than a straightforward asset-to-asset rotation.

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    Price Struggles Below Key Moving Averages

    Bitcoin is attempting to stabilize after a sharp corrective phase, but the chart highlights that price action remains structurally fragile. BTC is currently trading just below the $90,000 level, an area that has flipped from support into near-term resistance following the recent breakdown. While the latest bounce shows short-term buying interest, it has not yet altered the broader bearish structure that formed after the October highs.

    BTC consolidates above key demand level | Source: BTCUSDT chart on TradingView
    BTC consolidates above key demand level | Source: BTCUSDT chart on TradingView

    From a trend perspective, Bitcoin is now trading below the 50-3D moving average (blue), which has started to slope downward, signaling weakening momentum. The failure to reclaim this level suggests that recent upside moves are corrective rather than impulsive.

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    Below the current price, the 100-3D moving average (green) sits near the $85,000–$86,000 zone and has acted as interim support during the rebound. A sustained loss of this area would likely expose BTC to a deeper retracement toward the 200-3D moving average (red), currently rising near the low $80,000 region.

    The sell-off was accompanied by elevated volume. While the rebound has occurred on comparatively lighter participation, pointing to a lack of conviction from buyers. Structurally, Bitcoin is consolidating in a lower range. With lower highs and compressed volatility suggesting a pause rather than a trend reversal.

    For bulls, reclaiming and holding above $90,000 and the declining 50-3D moving average is critical to invalidate the bearish bias. Until then, price action favors range-bound trading with downside risk still present.

    Featured image from ChatGPT, chart from TradingView.com

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    Sebastian Villafuerte

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  • Here’s Why Bitcoin’s Reaction To Fed Policy Turns Bearish After Each FOMC Update

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    The Bitcoin’s behavior around US Federal Reserve announcements has become one of the most consistent market patterns of the year. After every FOMC update, the world’s largest cryptocurrency has reacted with a noticeable downside move, underscoring how closely the asset is now tied to shifting interest-rate expectations and broader macro sentiment. 

    What Future FOMC Meetings Could Mean For Bitcoin

    In an X post, analyst CryptoMichNL has mentioned that the Federal Reserve (FED) is preparing to update the printer from 2021 liquidity settings toward a more supportive 2025 stance. However, this doesn’t mean it will have an immediate impact on the markets, as these things take time. As a result of the update, Bitcoin has dropped after every Federal Open Market Committee (FOMC) meeting in 2025, but these moves are primarily aimed at flushing out longs through high liquidations.

    According to the expert, the actual move on the markets and the direction should come in the next 1-2 weeks, which would give a better outlook going into 2026. The bullish trend has remained intact, and the thesis is still valid. However, BTC shouldn’t break the lows during the FOMC flush. Instead, it should break the $92,000 resistance zone to retest the $100,000 level.

    Bitcoin is still moving in a choppy pattern, driven by illiquid order books and fast moves in both directions. CryptoMichNL has also highlighted that BTC is still in for a new upward breakout in the coming days to weeks. Despite the volatility, BTC has continued to form higher lows, which is a clear sign that an upward structure is building.

    CryptoMichNL noted that, as the price doesn’t break down anymore, the heavy correction in the market was highly manipulated and not organic, which is very natural for the market to return to normal.

    Why Bitcoin Market Structure Remains Intact Despite Deep Pullback

    Bitcoin has not proven to be any different from the cycle. A full-time crypto trader and investor, Daan Crypto Trades, pointed out that the good initial bounce is right off the 0.382 Fibonacci retracement level, which is taken from the entire cycle move. Realistically, that was the lowest the price could go without breaking the broader weekly market structure.

    According to Daan, the invalidation is clearly the higher-timeframe outlook, and the November lows would become a very uncomfortable place for the bulls. As the year comes to an end, a lot of the 4-year cycle selling should also be diminishing. Meanwhile, Q1 2026 is shaping up to be extremely important as it will likely reveal where the BTC cycle will move next.

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  • Bitcoin’s Market Structure Strengthens Despite Slower Trading Activity — Here’s Why

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    Despite a noticeable cooldown in trading volumes, Bitcoin’s underlying market structure has continued to strengthen. The price action has stabilized within a narrow range as long-term holders maintain firm conviction. As more BTC flows into cold storage and supply on exchanges tightens, the market is transitioning from hype-driven swings to steady structural support.

    How The Price Compression Builds Energy For A Larger Move

    CIO and founder of MNFund and MNCapital, CryptoMichNL, emphasized that Bitcoin shares a strong correlation with the Nasdaq. While Nasdaq continues to show steady resilience, BTC has stalled behind. This mismatch creates a mispricing and market divergence, which is why the path toward $100,000 remains wide open and why the 4-year cycle thesis doesn’t hold up.

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    Recently, BTC saw a massive correction, dropping from $115,000 to $80,000 in just two weeks. During that same liquidation period, what LVisserLabs calls the rotation between Pure Vol vs. Pure Profitability or Beta vs. Quality has fallen sharply. Beta here refers to high-volatility, high-beta stocks, which are essentially tech stocks that drive the markets. Meanwhile, Quality means more risk-off assets, including high-quality, profitable, and stable companies. 

    BTC exhibiting momentum for a rally | Source: Chart from CryptoMichNL

    Currently, BTC has stalled after the sell-off, and the Beta assets have recovered substantially, implying that the stocks have inverted their loss with the big drop and are now grinding upwards, signaling that risk-on appetite is clearly back. With this kind of structural divergence, it’s likely that in the coming weeks or months, BTC will grind upward to $110,000 and $115,000 levels, reversing the drop as the entire correction was a little dubious.

    CryptoMichNL advised that instead of relying on a time-based sounding the 4-year cycle assumption, it is better to focus on the charts and macro relationships that directly influence BTC price.

    On-Chain Activity Shows Clear Confidence From Big Money

    The ambassador of StandXOfficial and the KOL of Binance, who is also an advisor at KOLsAgency, Investor Ucan, has highlighted that the evidence of Bitcoin’s latest upward move is already on-chain. The last six hours have revealed a clear surge of institutional demand. On-chain data shows that Binance purchased 7,298 BTC, Coinbase bought 1,362 BTC, Wintermute bought 2,174 BTC, BlacRock bought 1,362 BTC, and an unknown whale bought 6,192 BTC. In total, 20,438 BTC were purchased in just six hours, valued at approximately $1.9 billion.

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    Ucan noted that the timing of this purchase is what stands out. These inflows hit the market hours before the Federal Reserve’s upcoming employment data was released. Institutional is clearly expecting a supportive outcome. A positive print refers to easing expectations and fresh liquidity on the horizon. Retail traders are reacting, and the institutions are anticipating early. If the Fed confirms what these flows imply, today’s buying won’t look like simple momentum, but preparation.

    Bitcoin
    BTC trading at $92,087 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured image from Pixabay, chart from Tradingview.com

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  • Bitcoin Must Break Key Supply Clusters To Regain ATH Momentum – Watch These Levels

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    Bitcoin has rallied more than 12% since last week’s sharp drop to the $80,000 low, offering the market a brief moment of relief after an intense period of capitulation. Despite this rebound, fear and uncertainty continue to dominate sentiment, especially following what analysts describe as the largest short-term holder capitulation in Bitcoin’s history.

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    This wave of realized losses—fast, aggressive, and record-breaking—has left many investors questioning whether the recent recovery is sustainable or simply a temporary bounce in a broader downtrend.

    According to new data from Glassnode, the path ahead remains challenging. Analysts explain that Bitcoin must break above the major supply clusters created by top buyers earlier in the cycle if it is to regain meaningful upward momentum.

    These clusters represent areas where a large number of investors previously bought at higher prices and may now look to exit at breakeven, increasing the likelihood of heavy sell-side pressure as BTC climbs.

    Bitcoin Faces Critical Supply Barriers

    Glassnode reports that Bitcoin is now approaching two major supply clusters that will play a decisive role in determining whether the recent rebound can evolve into a sustained recovery. The first cluster sits between $93,000 and $96,000, while the second—much larger and more structurally important—spans $100,000 to $108,000.

    These zones were formed by heavy buying activity earlier in the cycle and represent areas where many investors are currently underwater or sitting near breakeven.

    Bitcoin Cost Basis Distribution Heatmap | Source: Glassnode

     

    Because of this, Glassnode notes that these ranges typically act as strong resistance, as recent buyers who endured the latest drawdown may choose to sell once the price returns to their entry levels. This dynamic can create temporary supply walls, slowing down momentum even in moments of aggressive recovery.

    Bitcoin’s ability to break through these clusters will determine whether it can re-establish a path toward a new all-time high or remain trapped under heavy distribution pressure. The market is now entering a critical phase, with traders closely watching how BTC behaves as it approaches these levels. A clean breakout would signal renewed confidence, while rejection could signal that the broader corrective structure is not yet over.

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    Testing Support After a Sharp Multi-Week Selloff

    Bitcoin’s weekly chart shows a market attempting to stabilize after one of the most aggressive drawdowns of the cycle. BTC has rebounded to the $91,500 area following a deep wick to the $80K region last week, signaling that buyers are finally stepping in at key support. This rebound coincides with a strong weekly candle showing a long lower shadow, a classic sign of demand absorption during heavy selloffs.

    BTC consolidates around key level | Source: BTCUSDT chart on TradingView
    BTC consolidates around key level | Source: BTCUSDT chart on TradingView

    However, despite this bounce, the broader structure remains fragile. The price is trading below the 50-week moving average, a level that previously acted as reliable support throughout the bull phase. Losing this dynamic support earlier in the month was a significant technical break, and BTC is now attempting to reclaim it from below—typically a challenging move that often acts as resistance.

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    The 100-week moving average around the mid-$80K region has proven critical, halting the decline and serving as the primary area where buyers defended the trend. As long as BTC holds above this zone, the broader market avoids confirming a deeper macro reversal.

    Volume remains elevated, reflecting capitulation-level activity, and the market is now in a decisive phase. A sustained close above $92K–$94K would strengthen recovery prospects, while rejection would risk another retest of the $80K support.

    Featured image from ChatGPT, chart from TradingView.com

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    Sebastian Villafuerte

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  • Bitcoin Dead Cat Bounce: Analyst Reveals What To Expect As Price Recovers

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    Bitcoin’s (BTC) latest upward move arrives at a time when confidence in the market remains uncertain, with many traders unsure whether the slight price recovery marks early strength or another temporary bounce. With last week’s pullback still fresh, a crypto analyst argues that most traders may label the recent recovery a dead cat bounce. However, he believes the narrative is misleading and predicts that Bitcoin’s rebound this week may be setting the stage for a stronger rally. 

    Why The Bitcoin Price Recovery Is Not A Dead Cat Bounce

    Market analyst and founder of The House of Crypto, Peter Anthony, has released a new technical analysis of Bitcoin that challenges the prevailing bearish sentiment among traders. In his post on X, Anthony stated that the repeated claims of a dead cat bounce are part of a recurring pattern that has appeared at multiple stages of previous Bitcoin price recoveries. 

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    He explained that market sentiments have swung so far into fear that many traders may have already locked in their worst losses just as the market began to recover. According to his analysis, last week’s BTC sell-off and price crash prompted many participants to exit their positions near the bottom. Now that the cryptocurrency is recovering, the analyst believes those same traders will hesitate to re-enter the market, convinced that the recent rebound is nothing more than a dead cat bounce. 

    In his chart, Anthony highlighted several instances in the past when similar skepticism emerged after Bitcoin continued trending higher following a downturn. The analyst expects this pessimistic behavior to persist, stating that traders may continue labeling every upward push a dead cat bounce until BTC reaches $100,000 and beyond. This suggests that investors might interpret each step higher as a warning sign that the price rally is only temporary and bound to fail. 

    Source: X

    While he believes the underlying trend is bullish, Anthony has acknowledged that a correction could still emerge as Bitcoin approaches previous highs. However, he reassures that the routine pullback would not negate the broader recovery underway. 

    The analyst’s report indicates that the dead cat bounce narrative will prove to be a false signal. He predicts that disbelief in the market will eventually give way to Fear of Missing Out (FOMO) once Bitcoin decisively moves above $115,000. At that point, Anthony forecasts that many traders who sold during the downturn will scramble to buy back in at higher levels, completing a cycle of selling low and buying high. 

    BTC Could Hit $115,000 Before Skeptics Turn Bullish

    In a follow-up post, Anthony issued a sharp critique of the emotional trading patterns and bearish sentiment dominating the crypto market. According to him, many of these traders who insist the Bitcoin rally has ended will continue to call every upward move a dead cat bounce, even as the price advances. 

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    By the time Bitcoin hits $115,000, the analyst expects investor sentiment to shift abruptly, triggering a late surge of bullishness from traders who had doubted the initial recovery. Anthony argues that these sudden changes in viewpoint will have little to do with careful analysis and everything to do with watching the chart move and reacting afterward. 

    Bitcoin price chart from Tradingview.com
    BTC continues moving above $87,000 | Source: BTCUSD on Tradingview.com

    Featured image created with Shedevrum, chart from Tradingview.com

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    Sandra White

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  • Financial Strategist Debunks Prediction That Bitcoin Price Will Reach $220,000 In 45 Days

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    A recent claim that the Bitcoin price could surge to $220,000 in just 45 days has drawn sharp criticism from a financial strategist. The analyst frames such ambitious forecasts as unrealistic and highly speculative. Considering the recent decline in the BTC market, if the projection is taken at face value without supporting data, it overlooks ongoing market trends, macroeconomic conditions, and potential investor risks. 

    Strategist Labels $220,000 Bitcoin Price Forecast “Nonsense”

    South Korean scientist YoungHoon Kim, who holds the world’s highest reported IQ of 276, recently predicted that Bitcoin could more than double its current price and reach $220,000 within 45 days. Based on this forecast, the BTC price is expected to surge by over 151% from current levels below $87,500, potentially reaching a new all-time high by mid-January 2026. 

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    With Bitcoin down more than 31% from its ATH above $126,000, the bold forecast came as a surprise to many crypto members. The founder of Black Swan Capitalist, Versan Aljarrah, in particular, criticized the projection, calling it “nonsense.” He described it as an example of the speculative behavior that has long characterized the crypto space. 

    Source: Chart from YoungHoon Kim on X

    Aljarrah argued that predictions like Kim’s, which lack the visible support of a technical analysis, are what transform the crypto space into a “circus.” He highlighted that Bitcoin maxis will often go to extreme lengths to sustain the hype, promoting narratives that keep the speculative bubble alive even when market fundamentals raise caution.

    The Black Swan Capitalist founder also disclosed that Bitcoin has historically functioned more as a tool for predators and bad actors. His statements suggest that Kim’s forecast oversimplifies the complexities of the crypto market and distracts investors and traders from the fundamental structural factors driving Bitcoin’s price.  

    Bitcoin Price Continues To Falter Amidst Bullish Forecasts

    The Bitcoin market remains at a crossroads, with analysts forecasting sharp upward moves despite choppy price action. Despite predictions of a potential rally, BTC’s recent performance paints a more cautious picture, as its price has fallen by more than 20% over the past month, according to CoinMarketCap. 

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    Crypto analyst Pepesso recently issued a bullish forecast, suggesting that Bitcoin may have hit its bottom and could potentially start a recovery toward levels between $126,000 and $160,000. However, broader market indicators, such as the Fear and Greed Index, point to extreme fear, suggesting investors remain highly uncertain about BTC’s near-term outlook. 

    Other analysts, like Gen Detector, have presented a more conservative outlook, predicting that Bitcoin could first stabilize around the $100,000 psychological level before its next bear wave begins. However, he has not ruled out the likelihood of further price corrections, highlighting the potential for BTC to revisit the $70,000 to $50,000 range before the next major bull run.

    Bitcoin
    BTC trading at $86,867 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured image from Pngtree, chart from Tradingview.com

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    Scott Matherson

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  • Bitcoin Rapid Downturn Triggered By Excessive Long Positions — Expert Weighs In

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    According to the latest on-chain data, investors have been excessively betting on the Bitcoin price in recent weeks, leading to its overall struggles.

    Longs Vs Shorts Imbalance — How This Induced Price Crash

    In a November 22 post on social media platform X, Alphractal CEO and founder Joao Wedson revealed the underlying dynamics behind Bitcoin’s recent unchecked fall. In deciphering this downward trend, the crypto pundit evaluated the Estimated Long/Short Positions metric, which estimates how much of the Open Interest across exchanges is dedicated to long positions relative to short positions.

    Wedson reported that, across 19 exchanges, there are about 71,000 BTC positioned in longs, while a relatively smaller amount of BTC (27,900) is dedicated to shorts. While this observation does not include data from the Chicago Mercantile Exchange (CME), the discrepancy between longs and shorts remains unusually large.

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    This imbalance is significant because when there are clusters of long positions at similar price levels, the market tends to lean into a more fragile state. Moderate pullbacks beneath these clusters often lead to a cascade of forced liquidations (known as a long squeeze) — an event which could in turn push prices further south.

    Source: @joao_wedson on X

    Notably, Wedson pointed out that traders must have been convinced that $100,000 was Bitcoin’s price bottom — a speculation that soon became null after its failure. Afterwards, $90,000 came into focus, with another series of liquidations following suit. At the moment, $84,000 seems to be the price majority of Bitcoin’s speculative traders target as the new price bottom.

    These liquidation events that took place after the $100,000 and $90,000 supports were breached provided more buy-side liquidity for the Bitcoin price to topple. At the same time, most significant short positions have been closed off, making it difficult for a more defined price recovery to take place, as there is barely any sell-side liquidity to send the Bitcoin price to the upside.

    For Bitcoin to recover, Wedson explained that there needs to be a significant decrease in long positioning, while short exposure goes on the rise.

    Watch Out For $81,250 — Analyst

    In another post on X, technical analyst Ali Martinez noted that Bitcoin’s 2-year moving average, which stands at approximately $81,250, is an important landmark for the future trajectory of the flagship cryptocurrency.

    The analyst explained that historical failures of the 730-day SMA have often marked the beginnings of bear markets. Thus, in the scenario where the Bitcoin price slips past its current 2-year average price, we could be witnessing the start of a long bearish cycle

    As of press time, Bitcoin holds a valuation of $86,251, reflecting an over 3% price jump in the past 24 hours.

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    The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

    Featured image from iStock, chart from TradingView

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    Opeyemi Sule

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  • Buckle Up, Bitcoin ETF Buyers, $79K Might Be Your First Real Test

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    The cryptocurrency market has been under severe bearish pressure in the past week, with the price of Bitcoin falling below this year’s opening price. At the same time, other large-cap assets have struggled, registering double-digit losses over the past few days.

    In recent months, conversations have swirled around the death of the typical four-year cycle and a shift in the Bitcoin market structure, with the spot exchange-traded funds (ETFs) providing fresh, consistent liquidity. However, the latest on-chain data shows that BTC ETF investors could be under pressure in the coming days.

    $79,300: The Pain Threshold For BTC ETF Buyers

    In a recent post on the CryptoQuant platform, IT Tech shared an insight into the current Bitcoin market dynamics and how it could affect the relatively new set of investors known as BTC ETF buyers. According to the on-chain analyst, these exchange-traded fund holders are “about to face their first real test.”

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    The relevant metric here is the Bitcoin US ETF Realized Price, which tracks the average purchase price of BTC held by United States-based exchange-traded funds. This indicator offers insights into the profitability of institutional investors and holders.

    IT Tech, however, made an interesting assertion, calling out the idea that ETF capital inflows are “Institutional Money.” The crypto analyst noted that most value added through US-based exchange-traded funds is mostly from retail investors buying through their brokerage accounts.

    Source: CryptoQuant

    As observed in the chart above, the Bitcoin US Exchange-Traded Funds Realized Price currently stands around $79,300. IT Tech said that the ETF buyers often feel “smart” when above the realized price, while they feel panic (as seen with most retail investors) when below their cost basis.

    According to the on-chain analyst, these ETF investors are not accustomed to Bitcoin price declines. Hence, this group of exchange-traded fund holders or “new retail,” who have not been tested before, could enter a phase of panic selling should they go underwater.

    Currently, the next significant support for the market leader is marked at around $82,000, where several spot investors have their cost basis. Ultimately, this evaluation makes $79,300 another crucial level to watch should the price of Bitcoin suffer further downturn. 

    Bitcoin Price At A Glance

    As of this writing, the price of BTC stands at around $84,500, reflecting an over 2% decline in the past 24 hours. According to data from CoinGecko, the flagship cryptocurrency is down by more than 11% in the past week.

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    Bitcoin
    The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

    Featured image from iStock, chart from TradingView

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    Opeyemi Sule

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  • Bitcoin Shows A Clear Momentum Reset — Is A Trend Reversal Coming?

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    The dynamic landscape of the Bitcoin market is entering a full momentum reset, the kind that typically appears in the cooling phase between major trend cycles. After a period of decisive movements, the market now finds itself in a state where previous directional force has largely dissipated, allowing for a re-evaluation of its path.

    A Necessary Reset Before Bitcoin’s Next Big Push

    In an X post, Swissblock has mentioned that Bitcoin momentum is clearly in a reset phase, and the question now is how long until it flips. Historically, in late February to early April 2025, the bottom required roughly 7 weeks for a full momentum to reset. Moving further back to late June to late September 2024, the correction took close to 14 weeks for a full reset and consolidation before a clear trend emerged.

    Data shows that the current momentum reset has been underway for weeks, placing BTC right inside the window where past cycles have typically reached exhaustion. This zone historically marks the point where downside pressure weakens and the higher probability of a counter-trend move increases sharply.

    The crypto market is collapsing. An industry-leading commentary on the global capital markets, The Kobeissi Letter, revealed that on October 6th, just 45 days ago, Bitcoin touched an all-time high of $126,272, with the total crypto market capitalization reaching $2.5 trillion. However, everything changed on October 10th, when President Donald Trump threatened 100% tariffs on China, shifting the surface of the crypto market.

    This announcement triggered a chain reaction record of $19.2 billion in liquidations, the highest ever recorded in a single event, and BTC never truly recovered from the shock. Even when a trade deal between the US and China was reached on October 30th, the liquidation pressures only worsened. Since November 10th, BTC price action has moved into a literal straight line lower, with average daily liquidations approaching $1 billion. 

    Throughout this entire 45-day bear market, there has been an absence of bearish fundamental developments within the crypto space. Kobeissi concluded that this is a mechanical bear market driven by an excessive level of leverage and sporadic liquidations, claiming the market is efficient, and it will iron itself out.

    Will BTC Emerge Stronger From This Test?

    This current Bitcoin correction has now fallen perfectly in line with the previous major drawdowns of this cycle. A full-time crypto trader and investor, Daan Crypto Trades, highlighted that each of these corrections in the ongoing cycle has their own story, but this one is hitting the market the hardest.

    Though the 10/10 liquidation event didn’t just hit BTC, it obliterated altcoins. For most of this brutal BTC correction, equities and metals were making fresh all-time highs, further triggering the bearish condition of the crypto landscape.

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  • Who’s Selling? Here’s The Demographic Driving The Bitcoin, Ethereum, And Dogecoin Price Crash

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    Recent data has revealed the demographics of sellers driving the Bitcoin, Ethereum, and Dogecoin crash. The Coinbase BTC premium index also continues to drop further in the red, which strengthens the case of where exactly the sell pressure is coming from.

    The Demographic Behind The Bitcoin, Ethereum, And Dogecoin Price Crash

    In an X post, crypto pundit Crypto Rover noted that the U.S. session has been the weakest trading session so far this month. The pundit further shared an accompanying chart, which showed that BTC has suffered a loss of around 12% in the U.S. session since the start of November, also leading to the Ethereum and Dogecoin crash. 

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    Meanwhile, the EU has had the second-weakest session after the U.S., with Bitcoin dropping around 12% in this session since the start of this month. The Asian session has been the least volatile, with BTC trading sideways, recording a drawdown of only about 2% since the start of November. Ethereum, Dogecoin, and altcoins have also been stable during the Asian trading session. 

    Source: Chart from Crypto Rover on X

    Crypto pundit Bossman also indicated that the U.S. was responsible for most of the sell pressure that is driving the Bitcoin, Ethereum, and Dogecoin crash. In an X post, he noted that every single American session is marked by relentless selling for hours. Meanwhile, the Asians wake up, buy it all back, and then the Americans wake up, and the selling begins again.

    Notably, the Bitcoin, Ethereum, and Dogecoin prices record increased volatility whenever the U.S. stock market opens, with market commentator Zerohedge attributing it to the ‘10 am slam’ by market algos. This indicates that institutional investors are heavily contributing to the market crash. This is evident in the significant outflows recorded by Bitcoin ETFs in recent times. These funds have recorded five daily net outflows over the last seven days, according to SoSoValue data.

    Coinbase BTC Premium Index In The Red

    CoinGlass data shows that the Coinbase Bitcoin premium index is in the red, further confirming that most of the sell pressure driving the BTC, Ethereum, and Dogecoin crash is coming from the U.S. Typically, a negative premium indicates that the BTC price on Coinbase is lower than the average global price, which signals weak demand from U.S. investors. 

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    Crypto researcher Kyle Soska noted that Bitcoin and Ethereum are roughly 10 days into a derisking event by U.S.-based entities, likely a combination of ETF users and large private, ultra-high-net-worth individuals. He further remarked that this places the market near the end of the selling episode based on historical data. 

    Soska opined that the first of a near-term bottom would be a mean reversion of the Coinbase-Binance spot discount from its current level of around -$110 back to a more normal level range of around $40. 

    At the time of writing, the Bitcoin price is trading at around $85,000, down over 6% in the last 24 hours, according to data from CoinMarketCap.

    Bitcoin
    BTC trading at $83,783 on the 1D chart | Source: BTCUSDT on Tradingview.com

    Featured image from Pixabay, chart from Tradingview.com

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    Scott Matherson

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  • Bitcoin OG Owen Gunden Deposits Final 2,499 BTC ($228M) to Kraken – Details

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    Bitcoin is currently trading below $92,000, and the market is showing clear signs of exhaustion as selling pressure intensifies. Fear has pushed sentiment toward the bearish end of the spectrum, with many analysts now arguing that BTC may be entering a new bear market. The loss of key support levels and the rapid acceleration of downside volatility have only fueled these concerns, especially as short-term holders continue to capitulate at scale.

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    However, not all perspectives are bearish. Some analysts believe that Bitcoin may be forming a local bottom, as the current correction resembles previous mid-cycle retracements seen during strong bull markets. They argue that the broader macro environment remains supportive and that long-term holders have not shown signs of structural weakness. As selling pressure concentrates among weak hands, the possibility of a reversal increases — especially once forced sellers exhaust themselves.

    Adding to the uncertainty, new on-chain data from Lookonchain revealed that Bitcoin OG Owen Gunden just deposited all his remaining 2,499 BTC into Kraken roughly an hour ago. Moves like this often trigger speculation, as exchange deposits from early holders can signal potential selling. Yet historically, similar events have also occurred near cycle bottoms when panic is at its peak.

    A Massive BTC Transfer Sparks Market Speculation

    According to fresh data from Lookonchain, Bitcoin OG Owen Gunden has just deposited his remaining 2,499 BTC (worth $228 million) into Kraken roughly an hour ago. This move has immediately raised questions across the market, as large exchange deposits from early whales often signal potential selling pressure.

    Owen Gunden Bitcoin Transaction | Source: Lookonchain

    What makes this development even more notable is the context: just two weeks ago, Lookonchain reported that Gunden appeared ready to offload his entire 11,000 BTC stash — a position worth over $1.12 billion at the time. Now, with this final deposit, it appears he has officially completed the move.

    For many traders, this confirms that one of the oldest and largest long-term holders has fully exited or is preparing to exit the market. Such whale behavior can amplify fear during corrective phases, especially as Bitcoin continues to struggle below $92K. Moves of this scale not only contribute to short-term volatility but also influence sentiment by signaling that even early accumulators may be reducing exposure.

    However, historically, capitulation events from long-term holders have often coincided with or preceded major turning points. If this massive transfer marks the end of Gunden’s sell-off, the market may soon absorb the pressure — potentially clearing the path for a recovery once the fear subsides.

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    Short-Term Trend Still Under Pressure

    Bitcoin’s 4-hour chart reveals a market that remains firmly under short-term selling pressure, despite occasional relief bounces. The price is struggling to reclaim $92,000, a level that previously acted as support but is now working as resistance. The series of lower highs and lower lows highlights a persistent downtrend that has shaped BTC’s trajectory since early October.

    BTC testing fresh demand level | Source: BTCUSDT chart on TradingView
    BTC testing fresh demand level | Source: BTCUSDT chart on TradingView

    All major moving averages—the 50 SMA, 100 SMA, and 200 SMA—are positioned above current price action and pointing downward. This alignment confirms a clear short-term bearish structure. Each time BTC attempts to recover, it meets strong resistance at these declining MAs, signaling that sellers remain in control. The most recent bounce barely reached the 50 SMA before being rejected again, reinforcing the weakness of buyer momentum.

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    Volume remains elevated on downswings, which indicates that sell-offs continue to be driven by conviction rather than random volatility. Buyers are stepping in around the $89,000–$91,000 zone, but so far, this support has only produced temporary pauses rather than meaningful reversals.

    For a structural shift, BTC would need to reclaim at least the $95,000 area and break above the 100 SMA. Until then, the trend remains tilted toward further downside or continued consolidation near current levels.

    Featured image from ChatGPT, chart from TradingView.com

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    Sebastian Villafuerte

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  • CEO Cuts Cardano Founder’s Bitcoin Price Forecast, Warns Bear Market Just Starting

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    Cardano (ADA) founder Charles Hoskinson previously projected that the Bitcoin price could reach an impressive price of $250,000 as early as this year. This bold forecast, made in April, came at a time when Bitcoin was trading at $77,000 after achieving a record high of $109,000 in January. 

    Hoskinson’s Optimistic Bitcoin Price Forecast

    Hoskinson’s optimism was based on his belief that international negotiations, particularly between the US and China, would favor Bitcoin’s growth. 

    The Cardano founder suggested that easing tariffs would lead to a positive market reaction and bolster adoption, particularly with the anticipated passage of the GENIUS Act, which was signed into law by President Trump a few months later.

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    However, the current market realities have raised doubts about Hoskinson’s prediction. Since then, Bitcoin has experienced significant fluctuations, briefly regaining momentum to reach $126,000 mid-October, only to see the broader crypto market subsequently shed over $1 trillion in total market cap. 

    This downturn has largely been attributed to persistent selling pressure by concerned investors, and substantial outflows from the Bitcoin exchange-traded fund (ETF) sector, with nearly $2 billion sold over since October.

    As it stands, Bitcoin is trading at approximately $89,300, marking a nearly 30% decline from its recently achieved all-time highs. In light of this, Jacob King, CEO of Swandesk, publicly dismissed Hoskinson’s $250,000 price target, characterizing it as unrealistic. 

    The daily chart shows BTC’s retrace below the key $90,000 mark. Source: BTCUSDT on TradingView.com

    Is Bitcoin In A New Bear Market Cycle?

    In a post on social media platform X (formerly Twitter), King stated that such lofty price predictions are “pulled out of thin air” and reflect a market still grappling with “delusions.” King elaborated on his viewpoint, suggesting that the industry is in the early stages of a new bear market cycle. 

    He is not alone in this assessment. Market expert Lark Davis recently noted that, based on the classic four-year Bitcoin price cycle, the cryptocurrency has officially entered bear market territory. 

    Bitcoin price
    BTC entering bear territory based on past cycle performances. Source: Lark Davis on X

    Davis commented that this scenario leaves two possibilities: either the established four-year cycle is no longer relevant, or the market has indeed shifted into a bearish phase. Given the current macroeconomic backdrop, he leans toward the latter interpretation.

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    Additionally, others in the market have echoed these bearish sentiments. An analyst known as Mr. Wall Street has recently speculated that the Bitcoin price peaked at $126,000. 

    The analyst believes that this may mark the zenith for this cycle, predicting that the Bitcoin price could next face significant downward pressure, potentially slipping to a range between $74,000 and $82,000. He further forecasts a possible decline to levels between $54,000 and $60,000 by the fourth quarter of 2026.

    Featured image from DALL-E, chart from TradingView.com 

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    Ronaldo Marquez

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  • Bitcoin Price In Trouble As Sell-Side Momentum Spikes — $92,000 Next?

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    The Bitcoin price has ostensibly continued down in its bearish direction, which started in the second week of October. After slipping beneath the psychological $100,000 support, worries have surfaced among Bitcoin market participants regarding the broader market structure. Interestingly, the latest on-chain evaluation justifies this worry, as the downside bias for the Bitcoin price seems to be on the rise.

    Binance Taker Imbalance Falls Into Negative Territory

    In a Quicktake post on the CryptoQuant platform, on-chain research firm Arab Chain revealed an increase in sell-side momentum for Bitcoin on Binance, the world’s largest exchange by trading volume.

    This revelation revolves around the BTC Taker Imbalance % metric, which tracks whether the market is dominated by aggressive buyers or sellers. Narrowing it down, this metric offers insights into taker activity on Binance. 

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    Because the metric works by revealing the percentage difference between taker buy volume and taker sell volume, readings with positive values suggest the dominance of buyers in the market. On the contrary, negative readings reveal a seller-dominated market. 

    As Arab Chain reported, there has been an evident spike in the amount of selling pressure in recent hours. A Taker Imbalance % reading of -0.17%, which typically reflects continued bearish action, supports this observation.

    Moreover, the research firm pointed out that there has been an evident difference between the selling and buying volumes recently. The Quicktake post revealed a record of $1.517 billion in selling volume against $1.058 billion dedicated to buying power, making it clear what party is currently winning this Bitcoin price tussle. 

    Is $92,000 The Next Bitcoin Price Target?

    What’s interesting is, the current seller-dominated market has caused the BTC price to continuously hover around the key $94,000 level. Arab Chain noted that each attempt by the Bitcoin price to rise has faced an even greater amount of sell resistance, dousing any serious bullish momentum. 

    Source: CryptoQuant

    The grey bars in the above chart suggest that this increasing bearish pressure might not just be a market correction; instead, it reflects a recurrent injection of sell-pressure, one which Arab Chain implied would eventually defeat the weaker buy-side liquidity at the current support.

    In the likely scenario where more bearish momentum is injected to push the market to the downside, the next level, which could act as a cushion for price, lies around $92,000. 

    If a significant amount of liquidity is not introduced to neutralize the dominance of Bitcoin’s sellers, the Bitcoin price could see an even deeper bearish correction. At press time, Bitcoin is valued at $96,241, reflecting a nearly 2% loss in the past day.

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    The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

    Featured image from iStock, chart from TradingView

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    Opeyemi Sule

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  • Massive Bitcoin Bid Walls Spotted On Binance: Bulls Step In With 2,800 BTC Cluster

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    Bitcoin has slipped below the $100,000 mark, now trading around $97,000 for the first time since May, as selling pressure intensifies across the market. Bulls are struggling to defend critical support, and sentiment has turned decidedly fearful, with traders scaling back leverage and rotating into stablecoins amid heightened volatility. Despite this weakness, on-chain data suggests that large buyers may already be positioning for a potential rebound.

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    According to CryptoQuant analyst Maartunn, massive bid walls have been spotted on Binance Futures, signaling that aggressive buyers are stepping in to absorb the recent wave of selling. Historically, such large-scale bids have often coincided with local bottoms, as whales and institutional traders accumulate into weakness.

    This emerging liquidity pattern may suggest growing confidence among deep-pocketed players that Bitcoin’s downside could be limited. However, with macro uncertainty still weighing heavily on the market, traders remain cautious.

    Aggressive Buyers Step In As Bid Walls Signal Dip Accumulation

    According to CryptoQuant analyst Maartunn, recent order book data reveals a strong layer of support forming on Binance Futures, where two major bid clusters have emerged — one around 800 BTC and another stacking up to 2,000 BTC. This concentration of buy orders suggests that large traders, often referred to as aggressive dip buyers, are actively accumulating Bitcoin at current levels around $97,000.

    BTCUSDT Binance Futures | Source: Maartunn

    Bid walls of this size are significant because they indicate a willingness among deep-pocketed investors to absorb selling pressure and defend price levels perceived as undervalued. In practice, such large orders create a temporary price floor, making it harder for BTC to fall further without massive selling volume. This behavior is often observed in early phases of market reversals. Smart money begins building positions while retail sentiment remains fearful.

    Maartunn notes that these clusters reflect renewed confidence from high-volume traders who see long-term value despite the recent correction. If these orders remain active and continue to absorb liquidity, Bitcoin could stabilize above the $95,000–$97,000 range. Historically, periods of strong bid support have preceded short-term relief rallies, suggesting that the current dip may be setting the stage for a broader recovery.

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    Bitcoin Tests Key Support After Losing $100K

    Bitcoin’s price action has turned increasingly fragile, with the asset now trading near $96,800, its lowest level since May. The three-day chart shows a decisive break below the $100,000 psychological threshold, confirming a short-term bearish shift as sellers dominate. Volume has spiked notably in recent sessions, suggesting panic-driven liquidations as traders unwind leveraged positions.

    BTC testing key demand level | Source: BTCUSDT chart on TradingView
    BTC testing key demand level | Source: BTCUSDT chart on TradingView

    The 50-day moving average has crossed below the 100-day, signaling fading momentum, while the 200-day moving average — currently near $88,000 — stands as the next central support zone if selling pressure persists. Despite the breakdown, price is showing early signs of stabilization around current levels, hinting that dip buyers may be stepping in.

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    Market structure remains corrective but not fully bearish. Bitcoin has repeatedly found support above its 200-day MA during previous mid-cycle retracements. A pattern that often precedes recovery once selling exhausts. The RSI (not shown here) is likely near oversold territory, reinforcing this view.

    If BTC can reclaim and hold above $100,000, a short-term relief rally toward $105,000–$108,000 could unfold. However, failure to defend $95,000 may accelerate the decline toward $90,000. Overall, the chart reflects a market in consolidation, balancing between capitulation risk and early accumulation.

    Featured image from ChatGPT, chart from TradingView.com

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    Sebastian Villafuerte

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  • Ripple Exec Reveals Why The Bitcoin Price Is So High Now

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    Ripple’s Chief Technology Officer (CTO), David Schwartz, has provided a clear explanation for why the Bitcoin price remains so high, currently the most expensive cryptocurrency on the market. Notably, Schwartz’s statement had sparked new discussions across the crypto community. His remarks focused on how people view and use BTC in transactions, revealing a simple economic truth that helps explain the market’s continued confidence in the world’s leading cryptocurrency. 

    Ripple CTO Explains Logic Behind Elevated Bitcoin Price

    On Tuesday, Schwartz shared his thoughts on X, offering a simple but insightful explanation for Bitcoin’s current price strength. Responding to a community member’s question about why anyone would spend BTC given its potential for future appreciation, Schwartz explained that the reason lies in the asset’s perceived value and future expectations. 

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    According to the Ripple CTO, when individuals use Bitcoin to pay for goods or services, they are essentially realizing the full expected value of its future growth today. Rather than holding Bitcoin as a long-term investment and waiting for price gains, these users convert its potential into immediate utility. This behavior, he noted, reflects a broader belief in BTC’s enduring value and is one of the primary reasons why the cryptocurrency’s price remains so high. 

    Notably, Schwartz’s remarks followed a conversation that began when Jack Dorsey, co-founder of Square, a business technology company, announced that Bitcoin payments had gone live across the firm’s platforms. Dorsey revealed that Square customers can now pay for services and products using Bitcoin directly, and sellers can choose between multiple settlement options, including BTC-to-BTC, BTC-to-fiat, and fiat-to-BTC transactions. Funds received through Bitcoin payments will be automatically stored in a user’s Square wallet, with self-custody transfer limits of up to $15,000 per day or $50,000 per week. 

    Interestingly, the timing of Schwartz’s explanation comes a month after BTC reached a new all-time high of over $126,000. Compared to other digital assets, Bitcoin is the only cryptocurrency in the six-figure territory, even surpassing traditional investments like gold and major stock indices. While some analysts argue that Bitcoin is overvalued, many investors remain convinced that it could still climb significantly higher in the long term.

    Bitcoin Price Expected To Rise Even Higher 

    The Bitcoin price is currently sitting above the $100,000 level, but analysts believe it could rise even further. The leading cryptocurrency is hovering near $103,300, experiencing some volatility, which has triggered a nearly 2% dip in the past 24 hours amid whale capitulations. Crypto analyst Joe Francesco noted that Bitcoin had initially surged to $107,000 following a wave of optimism sparked by US President Donald Trump’s proposed $2,000 stimulus plan. 

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    Source: X

    However, the rally proved short-lived, as BTC fell a few days later. Despite the pullback, Francesco has described the cryptocurrency’s chart setup as positive, predicting that Bitcoin could soon break through $107,000, with the potential to reach $115,000 and even $120,000 if upward momentum continues. 

    Bitcoin price chart from Tradingview.com (Ripple exec)
    BTC price sees sharp recovery | Source: BTCUSD on Tradingview.com

    Featured image created with Dall.E, chart from Tradingview.com

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    Sandra White

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  • Most Reliable Bitcoin Boom Indicator Just Went Off-Script: Expert

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    Chartered Market Technician (CMT) Tony “The Bull” Severino argues that Bitcoin’s most dependable macro tell—the copper-to-gold ratio—has broken character at the very moment the market typically enters a parabolic phase, leaving the post-halving script in disarray and altcoins without their usual rotation.

    Why The Copper/Gold Ratio Is Crucial For Bitcoin

    In a 16-minute video analysis published on November 10, Severino frames the copper/gold ratio as a “growth versus fear index,” where copper strength signals expansion, rising yields and appetite for risk, while gold outperformance maps to recession risk, falling yields and risk-off behavior.

    Copper/gold ratio | Source: X @TonyTheBullCMT

    “When gold is performing better than copper, it typically means economic slowdown [and] general recession fears,” he said, adding that copper’s industrial demand anchors the ratio to the business cycle. The punchline: the ratio’s cyclical turn that historically coincides with Bitcoin’s vertical phase simply never arrived. “They say the most dangerous thing to say in investing is that this time is different. Well, this time is different,” Severino said. “The business cycle based on the copper versus gold ratio did not turn back up.”

    Copper/gold vs bitcoin
    Copper/gold vs bitcoin | Source: X @TonyTheBullCMT

    Severino contends that the four-year halving lore is at best incomplete and at worst misattributed. He overlays prior halving dates with a Fisher Transform signal on the copper/gold ratio and observes that the true inflection has historically been macro, not supply-driven. “I never really thought it was the halving,” he said. “The same halving date started a bull run in the Nasdaq […] the halving in Bitcoin would not really have any effect on tech stocks.” In his construction, the halving has coincided with, rather than caused, the ratio’s upswing and a risk-on impulse that typically propels Bitcoin beyond prior highs into a final, parabolic leg.

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    This cycle diverged. After briefly producing a “higher high” in the ratio—the first since roughly 2010—copper/gold failed to establish a higher low and instead printed “another lower low,” marking, in Severino’s words, the lowest reading in about 15 years on his chart—“since pretty much since the Great Recession.”

    The Fisher Transform that had historically flipped up to confirm the risk-on window never delivered the full follow-through. “It was supposed to send Bitcoin into the final stage of its parabolic rally […] we didn’t go parabolic after going above all-time high. We’re just kind of meandering sideways.”

    Is The Bitcoin Cycle Top In?

    Timing-wise, that failure matters. Severino measures roughly a year between the ratio’s go-signal and Bitcoin’s cycle top in prior episodes. By that yardstick, “we really should have topped” already or, if anchored to the March breakout above the 2021 high, would at least be entering a risk-off window. But without the definitive risk-on impulse, the cycle landmarks blur. “Because we didn’t get the full risk on, I don’t know where the risk off signal is,” he said.

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    The implications extend to altcoins and Bitcoin dominance. Historically, the ratio’s green “risk-on” phase lined up with “alt season,” but this time the setup never materialized. “You normally get your alt season at these green points […] We didn’t get it here,” Severino said, noting Bitcoin dominance is holding key support on higher-timeframe views. He also highlights an “extremely strong negative correlation” between Bitcoin and the copper/gold ratio at present; in past cycles, correlation drifting toward zero tended to coincide with altseason. “None of the conditions for altcoin season seem to be here based on past economic signals,” he added.

    Severino stops short of a deterministic call. The ratio’s trend structure is ambiguous—one failed breakout from a long downtrend does not make an uptrend—and the Fisher signal could still turn. But until it does, he argues, macro says caution.

    “We’re still in the fear sort of side of this ratio. We need to still be defensive and we should be risk off. When this starts to turn back up, we can consider being bullish risk assets again.” That ambiguity, he suggests, is precisely why Bitcoin’s post-ATH drift has defied the well-worn four-year narrative: “It just didn’t do the same thing as it did in the past […] We are different. It is genuinely different this time.”

    At press time, BTC traded at $104,486.

    Bitcoin price
    Bitcoin bulls need to break the 200-day EMA again, 1-day chart | Source: BTCUSDT on TradingView.com

    Featured image created with DALL.E, chart from TradingView.com

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    Jake Simmons

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