Technical Analysis | ForkLog

ForkLog 8 15.04.2025

Analyst Predicts Bitcoin at $137,000 by Q3

The leading cryptocurrency could reach a new ATH by July-August 2025, according to the trader known as Titan of Crypto.

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ForkLog 7 10.04.2025

Glassnode sizes up the impact of Trump’s tariffs on bitcoin’s outlook

Support for the first cryptocurrency is $76,000; resistance is $93,000. The market correction has pushed medium-term holders to sell. Selling pressure in bitcoin and Ethereum shows signs of exhaustion. A combination of on-chain metrics and technical indicators suggests the first cryptocurrency must reclaim $93,000 to restore upward momentum, Glassnode concludes. Tarrifs and Turmoil: the latest […]

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ForkLog 22 08.04.2025

Investors sold 36,000 BTC at a loss as bitcoin fell through $75,000

Support levels for the leading cryptocurrency are $69,000–$70,000 and $71,600. There is an active shift of coins from wallets to exchanges, including bitcoins that had been idle for three to five years. On technicals, the market looks oversold on RSI. On April 7, coins sold at a loss totalled 36,000 BTC (over $2.7bn). The catalyst […]

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ForkLog 10 01.04.2025

Bitcoin’s Path: Analysts Predict a Dip to $76,600 Before Rebound

The price of the leading cryptocurrency may retest lows at $76,600 before resuming its upward trajectory, according to analyst and MN Trading founder Michaël van de Poppe.

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ForkLog 50 28.03.2025

Bitcoin Metrics Reveal Alarming Signals

Bitcoin faces the risk of entering a price decline phase as the Bitcoin Macro Index, developed by Capriole Investments’ founder Charles Edwards, shows bearish divergence. Not great. But… when Bitcoin Macro Index turns positive, I won’t be fighting it. https://t.co/PB2OPW1VnL — Charles Edwards (@caprioleio) March 28, 2025 “Not great. But if Bitcoin Macro Index turns […]

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ForkLog 57 27.03.2025

Analysts Identify Key Resistance for Bitcoin’s New Rally

Bitcoin must overcome resistance at $88,682 to continue its growth. Outflows from centralized exchanges have reached a seven-month high. Inflows into ETFs have continued for nine consecutive days. To sustain its upward trend, the price of the leading cryptocurrency needs to surpass the 20-week exponential moving average (EMA), currently at $88,682, according to analysts from […]

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ForkLog 13 19.03.2025

QCP Capital Questions Bitcoin’s $80,000 Support Amid Economic Concerns

The $80,000 support level for Bitcoin is fragile due to macroeconomic weaknesses and will not serve as the bottom in this correction, according to a report by QCP Capital. Asia Colour — 19 Mar 25 1/ It’s been a month since the S&P 500 hit a new high, but the mood has soured. Market exuberance […]

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ForkLog 8 17.03.2025

Trader Identifies Bullish Signal for Potential 50% Bitcoin Surge

The stochastic RSI indicator for Bitcoin has formed a “bullish cross,” historically followed by an average price increase of 50%. This observation was made by Merlijn Enkelaer, founder of Profitz Academy. HISTORY DOESN’T LIE: BITCOIN IS ABOUT TO SEND! The Stoch RSI bullish cross just flashed!Every time this happens, $BTC pumps an average of 56%! […]

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ForkLog 11 13.03.2025

Ethereum Falls to Lowest Against Bitcoin Since May 2020

On March 13, the ETH/BTC exchange rate dropped to 0.0224, a level not seen since May 2020. Weekly ETH/BTC chart on Binance. Data: TradingView. According to Qiao Wang, co-founder of Alliance DAO, the current oversold level of Ethereum is comparable to the situation following the Terra collapse in 2021, the bear market of 2018, and […]

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ForkLog 9 11.03.2025

QCP Capital Attributes Bitcoin’s Decline to Trump’s Recession Stance

The flight from risky assets is driven by signals of US President Donald Trump’s readiness for a recession. Investors remain cautious, considering only “long-term” call options. Technical indicators do not rule out a rebound due to extreme levels of fear. The price of the leading cryptocurrency hit new lows for the year, falling below $80,000 […]

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ForkLog 12 10.03.2025

Ethereum Enters Bear Market Following 20% Weekly Decline

Ethereum’s 20% plunge over the past week has pushed its price below the upward trendline established after the Terra collapse. This technical development suggests the end of a three-year bull market, as noted by CoinDesk. The situation is exacerbated by the breach of the $2100 level, which had marked a point of bear exhaustion in […]

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ForkLog 17 07.03.2025

Ethereum Sentiment Reaches Yearly Low Amid Market Stabilization

The sentiment index for the second-largest cryptocurrency by market capitalization has dropped to its lowest point in a year, indicating a potential market reversal as the overall market stabilizes, according to Santiment. ? Ethereum sentiment has declined to year-low levels as the asset has underperformed relative to other top caps. For those patiently holding their […]

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