Some analysts believe Bitcoin price could be headed to a correction below $96,000, based on emerging technical chart patterns, especially as markets remain increasingly sensitive to tightening ...

The past few weeks have been highly volatile for bitcoin (BTC), with price action reflecting sharp swings. In the past two weeks bitcoin traded on an open-high, lower-close candlestick pattern ...

The chart below shows that Bitcoin apparent demand was at similar levels on July 27, 2024, after which BTC price dropped a further 30% to $49,000 on Aug. 5, 2024. Bitcoin apparent demand.

Bitcoin IFP chart. Source: CryptoQuant An accompanying chart shows the IFP trend reversing downward — a move traditionally correlated with the start of downward BTC price action. “Today ...

The chart divides time into prosperity, good times, and hard times, suggesting the current bull market aligns with a broader prosperity cycle. On top of this, regulatory clarity, Bitcoin ETFs ...

Bitcoin Up 30% From August Lows, RSI Dips Below 80% Level In The Monthly Chart At press time, traders are upbeat and optimistic, which could form the base of another leg up. So far, since the dip ...

However, when it eventually moves, it will move significantly – either up or down: The bitcoin chart is in an equilibrium and could breakout either way That may sound obvious, but for a trader ...

If past trends hold true, bitcoin's current range between $90,000 and $110,000 will likely resolve bullishly, paving the way for the next upward movement. BTC's weekly chart with the 200-week SMA.