Analysts Identify Hurdles to Bitcoin’s New All-Time High
To reach new heights, Bitcoin's price must overcome "supply clusters of major buyers" in the $93,000-$96,000 and $100,000-$108,000 ranges, according to Glassnode.News, articles, and analysis on key events, indicators, and signals in the cryptocurrency market.
Analysts Identify Hurdles to Bitcoin’s New All-Time High
To reach new heights, Bitcoin's price must overcome "supply clusters of major buyers" in the $93,000-$96,000 and $100,000-$108,000 ranges, according to Glassnode.
Bitcoin back above $91,000
The price of the leading cryptocurrency rose above $91,000, up 4.4% over the past 24 hours.
Bitfinex analysts warn of ‘red days’ for bitcoin
Bitcoin ends November in the red despite historical seasonality. Bitfinex analysts say demand may return soon.
Bitcoin Long Positions Surge as Traders Anticipate Rebound
Traders are optimistic about a Bitcoin rebound, as last week the ratio of long to short positions on the leading cryptocurrency at Binance exceeded 3.8 — the highest level in over three years.
Sharpe Ratio Signals Imminent Bitcoin Rally
The risk-reward ratio of digital gold has become the most attractive since mid-2023.
Analyst warns of a deeper slide if bitcoin falls below $80,000
A sustained break below $80,000 would sharply raise the risk of a prolonged decline, says analyst Crypto Dan.
Bitcoin rebounds to $87,000, but the market remains in extreme fear
Bitcoin staged a tentative recovery after a wave of liquidations and selling, rising to about $87,900.
Glassnode Refutes Bitcoin’s Bottoming Out
Following Bitcoin's drop below the $94,000 level earlier this week, traders have been actively purchasing short-term put options with a strike price of $75,000. This trend was noted by Glassnode.
Fear and panic: Bitcoin falls below $85,000 for the first time since April
Bitcoin fell 7% in the past 24 hours to about $84,000, its lowest level since April.
Analysts Warn of Bitcoin’s Potential Drop to $60,000 Due to Fed Policy
Digital gold may remain "stuck" in the $60,000-$80,000 range until the end of the year if the Fed refrains from cutting the key rate in December.
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