Bitcoin Faces Midterm Weakness as Rising Wedge Tightens
Bitcoin’s price near $108,000 is losing strength, and experts warn it could drop sharply if key support levels give way.
Bitcoin’s price near $108,000 is losing strength, and experts warn it could drop sharply if key support levels give way.
Bitcoin holds near $111K as analyst notes resistance, short targets, and risk of further downside pressure.
Bitcoin funding stays negative after the October 10 wipeout, with shorts building near major liquidity zones.
Bitcoin’s consolidation and gold’s strength revive comparisons of cyclical patterns and sentiment divergences, analysts note.
Bitcoin’s realized losses near $750M daily as short-term holders exit and derivatives liquidations rise.
Bitcoin trades above $98K support level, with analysts watching weekly closes to gauge the cycle’s next direction.
Analyst predicts deeper Bitcoin declines as fear metrics spike, ETF outflows rise, and gold marks a record high.
On-chain data reveals Bitcoin October 10 crash liquidations totaled $2.31B, far below widely reported $19B figure.
Ethereum’s ETH/BTC pair shows a V-shaped recovery and breakout above SuperGuppy resistance, signaling strong potential to outperform Bitcoin soon.
Bitcoin market moves into a mature speculative phase as NUPL rises and new whales gain dominance over realized capitalization.
Bitcoin shows a triple support bounce signaling strength, even as BlackRock, Binance, and the U.S. government sell $1.2B in BTC.
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