Analysis Company Shares Short-Term Outlook for Bitcoin (BTC)! Explains What’s Needed for an Uptrend!

Bitcoin ($BTC) started the new week below $70,000. While the direction of the US-Iran conflict is being closely watched in both $BTC and global markets, an analysis firm has assessed the current situation. QCP Capital, a Singapore-based cryptocurrency analytics firm, stated that Bitcoin has entered a consolidation phase and is outperforming gold and stocks. “$BTC […]

Bitcoin has traded in a tight range for nearly 50 days – but this is not a “bear flag”

Traders watching bitcoin’s $BTC$69,649.34 nearly 50-day choppy price action through a bearish lens may be getting it wrong. Since hitting lows close to $60,000 on Feb. 6, bitcoin has traded largely between $65,000 and $75,000, a period defined less by direction and more by exhaustion. This phase reflects a dynamic where investors are tested not […]

Experienced Analyst Willy Woo Gives Bottom Price Prediction for Bitcoin (BTC)! Warns of a Stronger Bear Market!

The leading cryptocurrency, Bitcoin ($BTC), continues to trade below $70,000 due to increasing macroeconomic uncertainty stemming from the US-Iran conflict. Although talk of a bottom for $BTC has increased recently after facing sharp declines since October, one analyst predicted further declines before the bottom is reached. On-chain analyst Willy Woo, in his analysis from account […]

Bitcoin Hits $64,785 Low, 86,000 Traders Wiped out While Oil Tops $103 and Wall Street Futures Turn Red

Just before the week could even clear its throat, the top crypto asset bitcoin slipped beneath the $65,000 mark, brushing an intraday low of $64,785. In the process, more than $100 million in bitcoin long positions and roughly $85 million in ethereum longs were unceremoniously wiped out. Bitcoin Slips Below $65K, Bounces Back as Wall […]