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As Bitcoin (BTC) continues to enjoy an extended stint above the crucial $110,000 support zone, technical indicators are flashing warning signs.  This comes as Bitcoin retreated further from the $120,000 resistance level amid a broader cryptocurrency market downturn. Looking at the price outlook, the asset’s weekly Relative Strength Index (RSI) has dropped below the 14-week Simple Moving Average (SMA), a pattern that has historically signaled downturns in Bitcoin’s price, according to an Analysis by cryptocurrency trading expert Ali Martinez posted on August 6. Bitcoin price analysis. Source: TradingView Notably, in June 2024, a similar RSI breakdown preceded a nearly 23% decline, while another instance in December 2024 saw Bitcoin fall more than 25%. The same signal has now reappeared in early August 2025, with Bitcoin trading around $113,000. According to Martinez, if history repeats, Bitcoin could fall between 20% and 30% from its recent highs, placing a...

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Summary ⚈ Bitcoin must hold above $91,400 to reach a potential top around $155,000. ⚈ Rising global liquidity (M2 supply) could fuel Bitcoin’s rally toward $150,000. ⚈ Large exchange outflows and strong technical indicators signal continued bullish momentum. While Bitcoin (BTC) has found momentum above the $90,000 mark, an expert views this position as crucial for the asset to reach a record high of over $150,000. Citing the Pi Cycle Top Indicator, prominent on-chain cryptocurrency analyst Ali Martinez suggested that Bitcoin could climb as high as $155,400 but must maintain a price above $91,400, he said in an X post on April 27. Bitcoin Pi Cycle Top Indicator. Source: Glassnode The Pi Cycle Top Indicator, which tracks the 111-day moving average (MA) against twice the 350-day moving average, is used to predict major peaks in the Bitcoin market. Now, Martinez’s outlook is that the two averages are converging again, signaling a potential top ...

The Bitcoin Market continues to encounter resistance near $90,000, yet the modest decline suggests that traders are once again seizing price dips as buying opportunities. Bullish investors remain persistent, striving to push the price beyond the $90,000 threshold. A promising indicator for the bulls is the sustained inflow into US spot Bitcoin exchange-traded funds, which have recorded net gains for eight consecutive trading days, according to data from SoSoValue. This trend suggests a gradual return of institutional investors. Additionally, a Bitcoin whale significantly increased their holdings by acquiring 2,400 BTC—valued at over $200 million—on 24 March, bringing the total stash to more than 15,000 BTC, as reported by blockchain analytics firm Arkham Intelligence in a post on X. Crypto market data daily view. Source:  Coin360 However, a Bitcoin rally may not be easy as bulls are expected to encounter solid selling near $90,000. Alphractal CEO Joao Wedson...

Trading expert Peter Brandt thinks XRP could reach $24. He bases this bold prediction on price charts showing XRP breaking past $0.92. Many people are now discussing if this massive price jump is possible. pic.twitter.com/1kuFxoWxM0 — Peter Brandt (@PeterLBrandt) December 1, 2024 Also Read: Shiba Inu: New Forecast Claims SHIB Hitting $0.00007, Here’s When? Current XRP Market Performance XRP has been on a strong run lately. It hit $2.72 on December 2nd, growing 432% since November. This big jump made the coin the third-biggest cryptocurrency, worth $155 billion. It’s now bigger than Solana and Tether. This growth shows more people trust XRP, and it might keep rising as Brandt suggests. How Price Changes Affect Ripple’s Coin Getting to Brandt’s $24 target won’t be smooth sailing. Crypto prices often swing up and down quickly, and XRP is no different. Traders need to watch these price swings carefully when buying or selling Ripple’s coin. Past data show...

Inflows into spot Bitcoin ETFs remain strong, indicating that long-term market investor confidence is unshaken. Despite Bitcoin struggling to maintain levels above $60,000, investors continue to buy into spot Bitcoin ETFs. Data from Farside Investors reveals that since August 7, there have only been two days of outflows, suggesting that the current price is a long-term buying opportunity. Technical analyst SuperBro notes that historically, Bitcoin tends to bottom out in July or August during U.S. presidential election years, followed by a sharp rally after the elections. If this pattern holds true, Bitcoin could potentially reach a new all-time high in November. Crypto market data daily view. Source:  Coin360 The Bitcoin market needs a solid pick-up in demand soon to push it above the all-time high, but the Bitcoin whales do not seem to be supportive. Onchain analytics firm CryptoQuant said that Bitcoin whales have reduced their buying pace since an all-time hi...

Modular blockchain Celestia’s TIA token has reached an all -time high, crossing the $20 mark today.  This milestone comes after the blockchain’s mainnet beta was successfully launched at the end of October last year. Celestia’s journey to this achievement was marked by significant user engagement, evidenced by the airdrop of TIA tokens to approximately 580,000 users. This widespread distribution has clearly indicated growing user adoption and interest in the blockchain platform. Since the token’s airdrop in October, TIA has seen a more than 10 times increase in value.  TIA three-month price chart | Source: CoinGecko Bitget was the first to list the TIA token, paving the way for its increased accessibility and market penetration. Following Bitget’s lead, Binance, the world’s largest cryptocurrency exchange, added TIA to its listing in November, further bolstering the token’s market presence. The total contract holdings of TIA across the en...

Osmosis, Celestia, and Kaspa reported between 8% and 12% gains as the top crypto currency gainers on Jan. 5. Topping the CoinMarketCap leaderboard is Osmosis (OSMO), a token that functions as a decentralized exchange (DEX) within the Cosmos ecosystem, connecting sovereign blockchains through the Inter-Blockchain Communication Protocol (IBC). Data shows the live price is $1.80 USD, accompanied by a 24-hour trading volume of $138 million. Top crypto gainers today | Source: CoinMarketCap The latest update reflects a 12.4% increase in the past 24 hours. Osmosis has continued to gain interest in the community, with the token hitting $1.1 billion in monthly volume during December based on DefiLlama data. Celestia (TIA) is the modular blockchain network in the second spot. As of the latest update, the live Celestia price is $16.07, and the 24-hour trading volume registers at $831 million, showcasing an 11.8% increase over the past 24 hours and 26.1% gains in the last 7 days. ...

Popular cryptocurrency YouTuber CryptosRUs predicted in a recent video that Bitcoin (BTC) is on the verge of another major rally. In the Oct. 31 video, CryptosRUs pointed to increasing institutional interest and adoption as reasons why Bitcoin may be poised for significant gains. He highlighted the numerous spot Bitcoin ETF filings by major financial firms like BlackRock and Valkyrie as evidence that big investors are preparing to enter the market. The YouTuber also noted the record amount of money the U.S. Treasury plans to borrow in Q4 2023 — $776 billion. He suggested this excessive money printing could drive further adoption of Bitcoin as an inflation hedge. You might also like: Bitcoin trading volume reaches maximum in six months In addition, CryptosRUs cited billionaire investor Stan Druckenmiller’s recent comments that Bitcoin could be a good investment for millennials. Druckenmiller said he doesn’t own any crypto currently, but conceded Bitcoin has br...

The market for options related to Ethereum (ETH) saw a significant increase in the trading of call options, with over 140,000 contracts traded on Oct. 30. These numbers indicate bullish sentiment among prominent investors. Bullish sentiment among investors According to the Oct. 30 post from Greeks Live, the solution provider for crypto options traders, the majority of these transactions involved active buying of monthly options in the 1650/1700/1800 range set to expire on Nov. 24. The ETH options market saw huge volumes of call block today, with over 140,000 traded with a notional value of over $250 million . Most was active buying of monthly options at the 1650/1700/1800-24Nov. Such large-scale active buying of ITM options is certain to be a stop-loss… pic.twitter.com/RAkQlBVtQ0 — Greeks.live (@GreeksLive) October 30, 2023 The post goes on to state that put sells have increased 6.28 percent and put buys have increased 6.11 percent, at the same time that call sells ha...

Render (RNDR) has been consistently registering notable gains with small losses over the past 60 days while the market has been affected by different factors. RNDR is up by 3.65% in the past 24 hours and is trading at $1.79 at the time of writing. The asset’s market capitalization rose to roughly $665 million while its 24-hour trading volume has plunged by 9.5%, declining to $36.8 million.  RNDR price, whale activity and social activity – Oct. 11 | Source: Santiment Render’s surge came while the market wide bullish momentum has been fading away. One of the most important bearish factors is the Israel-Palestine war.  You might also like: Crypto might fluctuate due to Israel-Palestine war, analyst says According to data provided by the market intelligence platform Santiment, RNDR’s social volume surged by around 50% over the past day. The hike comes while the asset’s social activity registered a 45% decline on Oct. 9. On the other hand, per Santiment, the...

Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course? Bitcoin (BTC) remains well above the crucial support at $25,250, indicating that market participants have shrugged off the news of the lawsuit by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. When markets do not stay lower for long after negative news, it is a sign that traders are looking to buy the dips rather than panic and dump their holdings. ARK Invest CEO Cathie Wood has been buying the dip in crypto-related stocks since the SEC unleashed its recent crypto regulatory action. First Wood purchased $21 million worth of Coinbase stock on June 6 and followed that up with a purchase of Block Inc. shares worth $19.9 million between June 7 and 8. Daily cryptocurrency market performance. Source: Coin360 The resilience of the cryptocurrency space is supported by a risk on sentiment. The U.S. ...