These 3 Signals Mark Bear Market Exits—Bitcoin Has Yet To Trigger Them
Bitcoin is still far from triggering the three signals that have historically appeared at the end of bear markets, according to analyst Willy Woo. Bitcoin Is Still Trading Far Below The Cost Basis Of Recent Investors In a new post on X, analyst Willy Woo has listed the three things that tend to happen at the end of bear markets. The first signal is the price breaking the cost basis of the short-term holders (STHs). The STHs refer to the investors who purchased their coins within the past 155 days. As such, the cost basis of this group represents the break-even level of the recent buyers of....
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With the Bitcoin price struggling recently, the expectations are that the crypto market is headed into another bear run. This is characterized by Bitcoin losing $100,000 after over four months, and has not been able to reclaim this major level. Meanwhile, sell-offs among whales have continued, putting billions of dollars worth of selling pressure on the cryptocurrency. As such, the probability that Bitcoin is going into a bear market has shot up considerably during this time. Analyst Warns Of Imminent Bitcoin Bear Market Crypto analyst Titan of Crypto has taken to the X (formerly Twitter)....
The Bitcoin price is lingering just under $19,000 at the time of writing, not far from the local low of $18,300. When the Consumer Price Index (CPI) and Producer Price Index (PPI) data was released last week, the BTC price plunged to just that price level. Unexpectedly for many, a very quick rebound happened, catching shorters off guard. With November 02 – when the FED meets again – in mind, the Bitcoin price doesn’t have much room to fall below that level at the moment. Moreover, a look at the on-chain suggests another crash is possible in the short term, although there....
With Bitcoin losing the $80,000 price mark, the broader cryptocurrency market has shifted heavily into a bearish phase, raising speculation about the beginning of a bear market. While BTC’s price was showing weak signals, selling pressure heightened, which seems to have led to the sudden pullback during the weekend. No New Money, More Bitcoin Sellers […]
Bitcoin price has faked advance, and now proceeds to retest the consolidation zone near $570 (Bitstamp). For traders to get themselves in profitable trades, they only need to follow a method and apply the required discipline to stick to their method. And then, evidently, sometimes you have to defy the method! What a life. At xbt,social we saw powerful bullish signals forming in the intermediate timeframe charts, during the past week, but decided on $600 as the trigger to entry. Precisely because the bitcoin market fakes-out prior to advance. The chart signals have been out of sync during....
Bitcoin slipped below the $80,000 level over the weekend as selling pressure intensified across global markets. Reinforcing a climate of uncertainty that has weighed heavily on risk assets in recent weeks. The move came amid broad weakness in equities, elevated volatility, and declining liquidity conditions, pushing many investors into a defensive posture. While the price action alone may resemble prior corrective phases, on-chain data suggest that the underlying market structure is beginning to change. A recent analysis from CryptoQuant indicates that Bitcoin is starting to exhibit....