Bitcoin Faces Critical Test as 2-Year Trendline Shapes Next Market Direction
Bitcoin tests its two-year rising trendline as analysts weigh a potential rapid move to new highs against risks of a deeper correction.
Mutugi Benard
Experienced Blockchain and Crypto Journalist
Mutugi Benard is a crypto journalist covering blockchain,NFTs,DeFi, and Web3 innovations.with an eye on market trends and regulations, I deliver insightful analysis and breaking news. Benard is passionate about simplifying crypto for all.
Articles written by Mutugi Benard
Bitcoin Falls Below $113K, MVRV Bands Point to $91,840 Support
Bitcoin $BTC breaks $113,340 resistance, shifting focus to $91,840 as next major support according to MVRV Pricing Bands.
Bitcoin Eyes Wave 2 Rally as Altcoin Market Signals Fresh Expansion
Bitcoin enters Wave 2 relief rally with resistance ahead, while altcoins like XRP and CRO signal breakouts as the altcoin market structure shifts bullish.
Bitcoin Market Shows Soft Bearish Trend Near $111K as Sellers Ease Pressure
Bitcoin trades at $111K, slightly below fair value, as bearish pressure softens and technical bounces toward $115K remain possible.
Bitcoin’s Taker Buy/Sell Ratio Hits Lowest Level Since 2018, Signals Weak Buying Momentum
Bitcoin’s 30-day Taker Buy/Sell Ratio drops to its lowest since 2018, showing weak buying momentum and growing market selling pressure.
Ethereum Faces Supertrend Rejection as Bulls Defend Key $4,200 Support
Ethereum rejected at $4,834 Supertrend resistance, now trading near $4,435 as bulls defend $4,200 support to keep trend intact.
Bitcoin STH SOPR Drops Below 1 as Short-Term Holders Sell at Losses
STH SOPR falls below 1 as short-term holders sell at losses, signaling potential opportunities during the ongoing Bitcoin bull phase.
Bitcoin Shakeout: New Investors Sell at a Loss While Seasoned Holders Remain Profitable
New Bitcoin investors capitulate at a loss while seasoned holders remain profitable, signaling a market shakeout that strengthens long-term support.
Ethereum Completes Wyckoff Phases; Momentum Points Toward $6,000 Target
Ethereum completes Wyckoff Spring, Test, and Creek Jump, moving toward $6,000 with a strong parabolic markup underway.
Bitcoin Holds 112K Support as Whale-Induced Drop Shakes Market Momentum
Bitcoin tests 112K support after a $2.7B whale-triggered drop, showing key momentum shifts across BTC and ETH markets.
Bitcoin Faces Critical Resistance: Daily Close Above $118.5K Could Shift Momentum
Bitcoin retests a broken trendline near $118.5K. A daily close above could reignite momentum, while rejection risks a drop toward $103.3K.
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