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Bitcoin fell further thanks to Wall Street selling pressure, while analysis predicted a key few days for the 2025 BTC price candle.
Bitcoin’s first monthly MACD rollover this cycle, alongside onchain data, raised the odds of a deeper pullback, as BTC price forecasts now include the mid-$60,000s.
Bitcoin opened the week in the red as fears of a Bank of Japan rate hike triggered a yen carry trade unwind, potentially risking a drop in BTC price to $67,000.
Bitcoin plunged nearly 5% to $86,950 in Sunday trading, triggering $539 million in liquidations after the asset endured its worst November performance since 2018.
New research showed BTC price action on course to copy the 2022 bear market while risk-asset inflows showed signs of a bullish turnaround.
BlackRock says $2.34 billion in November outflows from IBIT are normal as demand once pushed the ETF near $100 billion.
Bitcoin miners caught a break on Thursday as difficulty dropped, but the relief may be short-lived if it rises in December, as forecast.
Bitcoin miners caught a break on Thursday as difficulty dropped, but the relief may be short-lived if it rises in December, as forecast.
Bitcoin may be forming a local bottom as RSI nears oversold and whales open longs, fueling a possible relief rally toward the $100,000–$110,000 zone.
Bitwise crypto researcher André Dragosch said, “We’re staring at a similar macro setup” for Bitcoin as during the COVID-19 pandemic.