Bitcoin Returns To Range Lows – Will Liquidity Grab Trigger A Reversal?
Bitcoin is once again trading at a critical support level after failing to sustain momentum above the $106,000 mark. Bulls initially celebrated a short-lived rally into resistance, which sparked hope of a breakout—but the excitement was quickly overshadowed by a swift retrace. The move back into the $103,000–$104,000 demand zone has reintroduced fear and caution […]
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Bitcoin is trading above the $95,000 level as bulls try to reclaim control and push toward six figures. After a strong rebound from its April lows, BTC has entered a tight consolidation range between $92K and $96K, with market participants watching closely for a decisive breakout. A move above the $96K mark could trigger the […]
After hitting a one-week low on Thursday, Bitcoin (BTC) is attempting to reclaim the key $104,000-$105,000 area as support, but some analysts have warned that a visit to its range’s lows could be in BTC’s short-term future if volatility continues. Related Reading: ONDO To Repeat 2024’s ‘Parabolic’ Run? Analyst Anticipates 130% Rally Soon Bitcoin to Continue Choppy Performance On Thursday afternoon, Bitcoin dropped 5.5% to the $102,000 support fueled by the news of the Iran-Israel conflict. Amid the market pullback, the flagship crypto failed to hold its $108,000-$110,000 three-day range,....
The skills shortage from Web2 to Web3 continues with the disclosure of a senior executive leaving food-delivery Grab to join a blockchain gaming company. According to a Bloomberg report on Wednesday, Wui Ngiap Foo — the head of technology at Asian ride-hailing app Grab — is quitting to lead a metaverse game company. Foo was […]
Bitcoin bulls continue to be demoralized, as the price per coin grinds continuously at lows for what feels like an infinite amount of time. However, a bottom could be forming, according to an indicator that has reached historical lows not seen since the 2015 bear market bottom. What followed the last signal, was 10,000% returns and Bitcoin became forever became a household name. While such returns aren’t likely a second time, such oversold conditions could yield some significant, unexpected upside. Here is a closer look at the 3-day Stochastic on BTCUSD price charts. The Stochastic....
One of the most important factors in the market is liquidity. The global reduction in liquidity has sent asset classes to new lows and destroys wealth.