The Bitcoin price action is raising concerns after a failed attempt to push past critical resistance levels, with bearish signals now emerging. According to an analysis shared on TradingView by the analyst RLinda, Bitcoin could be on the way to reversing last week’s gains and correcting heavily due to the formation of a bearish engulfing pattern.

A prominent cryptocurrency analyst, CryptoBullet, suggests that Bitcoin's price could soon surge as the weekly moving average convergence/divergence (MACD) indicator has flashed a bullish signal for the first time in a year. The analyst compares the current chart to that of 2021 and envisions a new all-time high in the near future. Meanwhile, Bitco

Chainlink is the leading middleware, linking on-chain dapps with external data securely. While the platform is critical in many crypto sectors, especially DeFi, LINK has recently struggled for momentum.

Bitcoin's price has rebounded from a ten-day low. Traders are attempting to determine a short-term direction amid a “liquidity hunt” after last week's surge. The asset is currently trading around $67,500 after dropping to $65,160 on Thursday. Bitcoin breached $69,000 on Sunday. Some experts think this week's price drop may be short-lived. A liq

In a recent tweet, crypto analyst GertvanLagen revealed that Bitcoin’s price formed a cup and handle pattern similar to the S&P 500 index and Gold’s development before hitting their new high. The three charts showed a similar saucer-shaped recovery and a temporary pullback before triggering a massive rally. Theoretically, the chart setup shows

Electric car manufacturer Tesla likely still owns its entire Bitcoin stash worth $780 million despite transferring all the funds to unidentified wallets on Oct. 15, according to a blockchain analytics firm. “We believe that the Tesla wallet movements that we reported on last week were wallet rotations with the Bitcoin still owned by Tesla,” A

2024 CryptoQuant report shows that some addresses that have "never had a Bitcoin outflow" are currently accumulating Bitcoin at an unprecedented pace. Currently, these addresses hold 2.9 million bitcoins, worth about $194 billion at the time of writing. At the beginning of the year, the total amount of bitcoins in "Bitcoin accumulation addresses" w

Bitcoin price extended gains above the $69,200 resistance zone. BTC is now correcting gains and trading near the $67,500 pivot level. Bitcoin struggled to test the $70,000 resistance zone and corrected some gains. The price is trading below $68,500 and the 100 hourly Simple moving average. There was a break below key contracting triangle with supp