Overview
Overview
Historical Data
BenzingaBitcoin could potentially form a market bottom as early as May, according to crypto analyst Benjamin Cowen, though such an outcome would likely depend on a sharp capitulation event. Early Bottom Possible, But Unlikely In an Apr. 15 podcast, Cowen said his base-case outlook still points to a later bottom,…
BenzingaBitcoin may still be in a bear phase, with analyst Benjamin Cowen estimating only a 25% probability that the market has already bottomed. Bottom Likely at Lower Levels In an Apr. 13 podcast, Cowen said that even a rally toward $80,000 would not confirm a cycle bottom. He argued that…
BenzingaSigns Of A Structural Floor In a X post on Apr.9, Martinez said the market has been in a seven-month downtrend but is now showing early signs of stabilization. He described the current phase as one of "maximum pessimism," which has historically coincided with the early stages of new bull…
BlockonomiMichael Saylor, executive chairman of Strategy, shared his outlook on Bitcoin’s price trajectory and the risks posed by quantum computing during a Mizuho investor event. Saylor said he believes Bitcoin likely found its floor near $60,000. Bitcoin’s drawdown and why Saylor sees a floor near $60,000 Saylor attributed the recent…
BitcoinistBitcoin was trading in a narrow range around $66,500 heading into the week, with price action remaining subdued. Recent on-chain data, however, suggests the consolidation period may be aligning with the formation of a market bottom. Supply in Profit falls to 11.3 million BTC In a Quicktake post on the…
CoinpaperA technical analysis comparing Dogecoin to NVIDIA has surfaced, drawing attention to capital rotation patterns that have repeated across multiple market cycles. Cycle analyst Cryptollica shared a chart tracking the DOGE-to-NVIDIA ratio over several years, revealing a structural relationship between the tech leader and the meme cryptocurrency. The analysis strips…
UTodayBitcoin Cash (BCH) has flipped Monero as it reclaimed 11th place in the rankings of the top assets by market capitalization. As per CoinMarketCap data, Bitcoin Cash currently has a total market cap of $11.47 billion. This is despite a 2.13% drop in price performance over the last 24 hours.…
BeInCryptoBitcoin consolidation phases often feel uncomfortable for traders. They test patience and conviction. However, these periods can also create opportunities for investors who follow disciplined capital management plans. Several signals suggest January could be the month when Bitcoin enters a critical consolidation phase ahead of a recovery. 3 Signals Suggest…