Key Highlights: Analyst Michaël van de Poppe is closely monitoring price action to see if the market can establish a higher low after testing its previous peak. A confirmed higher low accompanied by an upward trajectory would reinforce a bullish market outlook. Should the current support fail to hold, Van de Poppe identified the $75,000 ...
Key Highlights: Crypto market maker Wintermute warns that a confirmed break below Bitcoin’s $82,500 support could open a path toward $70,000, while a breakout above $87,000 would signal a broader uptrend. Wintermute identifies the upcoming FOMC meeting, midterm elections, and Q3 corporate earnings reports as potential catalysts that could push Bitcoin out of its current ...
Key Highlights: Technical chart patterns indicate Bitcoin ($BTC) is moving inside an ascending channel, with an established rebound trajectory pointing toward a potential rally to $93,000. On-chain indicators reveal a declining Bitcoin Exchange Whale Ratio alongside moving average crossovers that mirror a 40% surge experienced in 2023. UTXO Realized Price Distribution metrics highlight key resistance ...
Bitcoin Price Analysis: Key Support Trendline Holds $61,500 Downside Target for Late 2026 Bitcoin (BTC) could decline to $61,500 by the end of October 2026 if a critical support trendline fails, according to a technical analysis published by TradingShot on September 11. The bearish outlook draws parallels to chart patterns that preceded Bitcoin’s two largest ...