Bitcoin Analysis

Bitcoin’s prolonged sideways movement near $105,000 has sparked comparisons to the 2021 market peak, with concerns growing that history may be repeating itself. Veteran trader Peter Brandt has drawn attention to the eerie similarities between current price action and the distribution phase that preceded Bitcoin’s dramatic collapse from $69,000 to $15,500 just a few years […]

A well-followed crypto market analyst known for accurate Bitcoin forecasts suggests the top cryptocurrency may be gearing up for a temporary pullback before setting the stage for a major rally. According to the pseudonymous chartist Dave the Wave, Bitcoin could slide toward the $96,000 zone—just above a key Fibonacci support level—before resuming its long-term uptrend. […]

A prominent crypto analyst known for accurately predicting the 2021 market downturn is urging caution as Bitcoin flirts with higher levels. Instead of expecting a straight shot to new highs, the trader suggests a sharp but temporary cooldown may come first. Posting under the alias Dave the Wave, the analyst told his followers on social […]

Bitcoin’s recent performance has renewed investor optimism, with the asset climbing 13% over the past month. Although it hasn’t yet broken the $100,000 threshold, several key indicators suggest a return to previous highs could be on the horizon. One of the clearest signs of growing confidence is the continued drop in exchange-held Bitcoin. When fewer […]

Bitcoin may be gearing up for a powerful move that could push its price into six figures, potentially soaring beyond $150,000—if a long-standing market pattern continues to unfold as expected. A technical setup observed by the analyst TradingShot suggests that Bitcoin is once again mirroring a signal that has historically preceded each of its major […]

A widely recognized bullish formation in Bitcoin’s price charts might not be as promising as it appears, warns veteran trader Peter Brandt. The cryptocurrency has developed an inverse head-and-shoulders pattern, typically seen as a sign of a potential upward reversal. However, the structure presents a complication—the neckline is sloping downward. Brandt, who has spent over […]

A popular crypto analyst is forecasting a major rally for Bitcoin, predicting it could eventually soar to six figures, but cautions that investors should expect a possible dip before the surge. According to Inmortal, Bitcoin is likely to briefly dip to around $85,000 before making its climb toward $100,000. He emphasizes that the cryptocurrency’s trajectory […]

A well-known crypto analyst believes Bitcoin could reach record highs—if it clears a critical resistance level. DonAlt suggests that BTC needs to break past $101,000 to trigger a significant rally. According to him, this is the final barrier before Bitcoin can push into uncharted territory. “The setup looks solid. That’s why I’ve been saying to […]

A well-known crypto analyst, known for his accurate predictions, is now highlighting a potential downside for the asset amid the recent correction. The crypto expert, known as Rekt Capital, explained that while Bitcoin is currently in an upward trend, historical patterns suggest that a further decline is possible. Rekt Capital pointed out that Bitcoin often […]

Bitcoin remains in a consolidation phase above $100,000, showing no significant movements in the past 24 hours. Key indicators, including its position above the 50-day and 200-day SMAs, suggest continued bullish momentum, supported by an “Extreme Greed” market sentiment score of 83. The “3 Expansion Phases” pattern, highlighted by TradingShot, indicates Bitcoin could reach $150,000 […]