Another price dip is required before continuation, one trader says, giving a short-term target of $36,000 for BTC/USD.
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Market makers in ‘fear mode’ ahead of Friday’s $575M Bitcoin options expiry
Bears’ misplaced belief that Bitcoin’s price would drop to $32,000 allowed Friday’s BTC options expiry to become unexpectedly balanced.
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Classic technical indicator foresees another massive Bitcoin price drop with $16K target
Bitcoin is forming a textbook downside continuation structure called Bearish Pennant whose ultimate breakout target lurks near $16,000.
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Bitcoin hits $38K as BTC price breaks above ‘line in the sand’ resistance
All eyes are on whether Bitcoin can flip $37,500 to support for a continuation of bullish momentum.
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Pre-2019 Bitcoins now make up just 44% of the BTC active supply
Despite the May sell-off, strong hands are mostly holding firm at prices which seemed impossible two years ago.
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Bitcoin price D-Day starts ‘any moment,’ says trader, as BTC reclaims key level
This week is when volatility returns and a make-or-break moment for BTC/USD hits, traders believe.
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