Why bitcoin is down ‘just’ 32% a year after its record high of $126,000
This shallower decline isn’t limited to the one-year anniversary. The bear market itself has been milder with past downturns seeing prices plummet 77% to 85%.
Binary trading platforms with better performance and payouts
Technical Analysis
This shallower decline isn’t limited to the one-year anniversary. The bear market itself has been milder with past downturns seeing prices plummet 77% to 85%.
A smoother long-term MACD just flipped bullish, pointing to more upside. Here are key levels that will decide if the ongoing bounce turns into a full blown uptrend.
Bitcoin’s weekly RSI contains a critical level that has reliably separated bull and bear market regimes across multiple cycles. Right now, the indicator has yet to clear that line.
The price action is sending a clear warning signal that analysts’ optimism may be running ahead of itself.
The recent price action echoes the November–January pattern, showing weak conviction among the “buy the dip” crowd.
The most common mistake is relying on a single indicator. While technical analysis focuses on price action and chart patterns, you should also consider the impact of fundamental events, such as regulatory changes, major partnerships, technological updates, possible black swans, and hacks. Making decisions without considering the broader market context. You should never feel overconfident and you must use a […]
BONK rallied 9% in a volatile session, testing resistance at $0.000024 even as newer meme tokens gained attention.
The CoinDesk Memecoin Index (CDMEME) rose more than 11% in the week, outperforming bitcoin’s 1.4% move.
Alex Krüger says recent liquidations and scary charts could set up a bullish rebound, though conviction trends may wait until after the Fed’s Sept. 17 decision.
FIL trading volume was 75% above 30-day averages, signaling heightened institutional interest.