A handful of Bitcoin analysts now believe BTC price is headed below $50,000. Cointelegraph explores why.
Category: Market Analysis
Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price
Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000.
Bitcoin 'whale games' come early as BTC price swoons below $60K
BTC price weakness delivers seven-week lows as whale “spoofing” across order books creates grim conditions for Bitcoin bulls.
Crypto investment products see $584M outflow as Bitcoin descends to $60K
Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products.
Bitcoin prepping breakout with '$90K+' BTC price target — New analysis
Bitcoin faces a key weekly close as BTC price indicators keep bulls’ hopes alive when it comes to new all-time highs.
Ethereum options data highlights bears’ plan to keep ETH price under $3.6K
$4 billion worth of Ethereum options are set to expire on June 28, with the balance of forces centered around $3,500.
Michael Dell’s Bitcoin post sparks massive BTC purchase speculations
Dell’s message on X follows his $2.1 billion cash out from his Dell Technologies Class C common stock holdings.
Bitcoin price bouce will occur when ‘weak hands’ capitulate and hashrate recovers
Analysts say Bitcoin price will rally only after BTC miners capitulate and the network’s hashrate recovers.
Bitcoin price drop and crypto market turmoil intensifies — Is Germany to blame?
Some traders say Germany’s Bitcoin selling is behind this week’s drop, but a negative reaction to concerning macroeconomic data is the likely culprit.
3 reasons why Bitcoin price struggles to reclaim $64K
Bitcoin’s tumultuous week continues as data points to further downside in BTC price.