Bitcoin is exhibiting signals that suggest it may be in the early stages of forming a long-term market bottom near the $80,000 level. This insight comes from technical indicators tied to the Bollinger Bands, especially the %b metric, which points to a possible “W” pattern. This type of formation—where the price dips, forms a higher … Read more

Bitcoin experienced a notable rally this week, surging past the $80,000 mark and briefly reaching $83,000 amidst heightened investor optimism. This uptrend reflected a 4.1% gain over the past 24 hours, though the cryptocurrency remains over 25% below its all-time high of more than $109,000 recorded in January. Influence of Political Sentiment The price spike … Read more

Bitcoin appears poised for a period of increased volatility, even as some analysts maintain optimism about its longer-term prospects. According to a recent market assessment, despite a pullback from its historical peak, Bitcoin could still rebound to above $100,000 — a move that would signify a strong recovery from its current trading level near $81,550. … Read more

Bitcoin may be finding a technical price floor near the $80,000 level, according to recent insights drawn from Bollinger Bands—a widely used price volatility indicator in financial markets. A potential bullish reversal pattern could be forming, although confirmation is still required. Emerging Bullish Indicators John Bollinger, the developer of Bollinger Bands, identified a possible “W” … Read more

Bitcoin has surged past the $80,000 mark, buoyed by a wave of optimism sweeping across global financial markets. Following a sharp rebound, the cryptocurrency briefly touched $83,000, reflecting increasing investor confidence in light of recent political developments in the United States. Notably, the suspension of new tariffs for 90 days and investment-friendly remarks from former … Read more

A prominent crypto analyst has forecasted a surge in Bitcoin’s volatility during the current market cycle, attributing the expected turbulence to persistent geopolitical tensions and economic uncertainty. According to the expert, these external factors are becoming significant influencers on Bitcoin’s price action. As of now, Bitcoin is trading around $81,550—approximately 25% short of its all-time … Read more

According to Cointelegraph, a widely utilized technical indicator could be signaling the emergence of a key market bottom for Bitcoin within the $70,000 to $80,000 range. John Bollinger, the originator of the renowned Bollinger Bands, has identified a potential “W” double-bottom formation on Bitcoin’s weekly chart—an early warning sign that often signals a forthcoming bullish … Read more

Bitcoin witnessed a notable rally, climbing past $83,000 before settling near $80,000, following remarks from former President Donald Trump and a broader upswing in financial markets. This recent price action marks a 4.1% gain over the past 24 hours, although the cryptocurrency still lags behind its all-time high of over $109,000 recorded earlier this year. … Read more

Bitcoin may be entering a new phase of heightened volatility, as one market analyst forecasts a more unpredictable cycle compared to previous bull runs. With the price currently about 25% below its all-time high, critical support levels are being closely watched by investors hoping for a rebound. What’s Fueling the Market Volatility? The analyst pointed … Read more

Bitcoin may be establishing a technical price floor around the $80,000 level, supported by signals from the Bollinger Bands indicator. As the cryptocurrency tests critical support areas amid market volatility, traders are closely watching for signs of a potential rebound. Insights from the Bollinger Bands Indicator John Bollinger, the originator of the Bollinger Bands, has … Read more