Bitcoin Price Crash To $91,000 Termed Major ‘Bear Trap’ As Optimism Returns T...
Crypto analyst Merlijn has described the Bitcoin price crash to $91,000 as a major bear trap as optimism returns to the market. The flagship crypto had dropped to this level following a wave of weekend sell-offs but has since recovered above the psychological $100,000 level. Bitcoin Price Crash To $91,000 Termed “Biggest Bear Trap” In an X post, Merlijn described the Bitcoin price crash to $91,000 as the “biggest bear trap of this cycle.” The analyst noted that this happened in the 2017 and 2021 bull runs and has now occurred in this 2025 bull cycle. He is optimistic that Bitcoin and....
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After hitting its $124,000 all-time high back in July, the Bitcoin price has now moved back into a phase of struggling and consolidation. While many have called this out as only a temporary stop, expecting the Bitcoin price to continue its ascent once the decline is over, crypto analyst EXCAVO has taken a more bearish outlook. According to the analyst, the current market trend actually points to the end of the bull market and the beginning of the next bear market. Why The Bitcoin Price Will Crash In the analysis, EXCAVO outlined why they believe that the Bitcoin bear market was actually....
On-chain data shows the Bitcoin Hashrate has made some notable recovery recently, a sign that optimism may be returning among the miners. Bitcoin Hashrate Has Been Recovering From The Crash The “Hashrate” is a metric that keeps track of the total amount of computing power that the miners as a whole have connected to the […]
Was the recent crypto crash bound to happen? Or was it engineered? Is the bull market over for good? Or is the market gaining momentum, preparing for big movements? Your guess is as good as ours, but Moonrock Capital’s Simon Dedic is of the opinion that weak hands got their foot caught in a bear […]
Bitcoin is moving sideways after a major bear assault took it below its 2021 low. The first crypto by market cap seems to be displaying short-term low volatility and could see further downside, according to market participants’ expectations. Related Reading | Coinbase Is on a Downwards Spiral and Could Be Taking your Crypto with It At the time of writing, the first crypto by market cap trades at $30,400 with a 1.5% profit in the past 24-hours. The crash in the price of Bitcoin was triggered by a shift in the U.S. Federal Reserve (FED) policy. The financial institution has begun....
The Bitcoin price could be headed for more pain, as a crypto analyst has identified a new bear market indicator that suggests a crash to $40,000 is imminent. The analyst has predicted when this deep price decline is set to occur, warning investors to remain cautious or risk selling at a loss. Xanrox, a crypto analyst on TradingView, shared a detailed price analysis of Bitcoin on March 17, predicting that the pioneer cryptocurrency is set to crash to $40,000 by 2026. The analyst revealed that Bitcoin follows a predictable cycle pattern tied to its halving events, which occur every four....