Category: Correction
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Current Bitcoin Correction Remains Within Historical Limits – The Impact Of An 11.7% Market Drawdown
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Bitcoin is showing remarkable resilience as it remains strong above the $92,000 demand level, reflecting a bullish structure in the face of recent volatility. Yesterday, the leading cryptocurrency rose to $99,400, indicating renewed momentum and increased optimism among investors. This increase reaffirms Bitcoin’s ability to bounce back from local lows…
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Bitcoin Price Correction To Extend? Past Trends Points To A Potential 30% Dip
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Bitcoin’s short-term outlook continues to look negative as volatility increases in the overall cryptocurrency market. Over the past few days, the digital asset has fallen by as much as 11% since hitting a new all-time high, sparking speculation within the community about an extended period. Price correction To previous support…
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Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn?
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This article is also available in Spanish. Bitcoin faced its first major correction since early November, falling 13% from its all-time high of $108,364. This sudden pullback sent shockwaves through the cryptocurrency market, shifting sentiment from extreme bullishness to uncertainty and even fear. The sell-off has been particularly brutal for…
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Ethereum Funding Rates Hit Multi-Month Highs, But Is A Correction On The Horizon?
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Ethereum, the second-largest cryptocurrency by market cap, recently showed strong upward momentum, surpassing $4,000. It is worth noting that their price rise was accompanied by a significant rise in their funding ratios, a crucial measure that reflects sentiment in the futures market. metric, Analyzed According to CryptoQuant analyst ShayanBTC, it…
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Bitcoin’s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?
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The role of Bitcoin long-term holders (LTHs) is once again under analysts’ microscope as the asset is currently facing a 4.5% correction from its all-time high (ATH) above $100,000 established on Thursday. These holders, defined as those who hold their Bitcoin for more than 155 days, are known to influence…
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Bitcoin’s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?
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The role of Bitcoin long-term holders (LTHs) is once again under analysts’ microscope as the asset is currently facing a 4.5% correction from its all-time high (ATH) above $100,000 established on Thursday. These holders, defined as those who hold their Bitcoin for more than 155 days, are known to influence…
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SUI Flashes Overbought Warning, Will A Price Correction Follow?
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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SUI Flashes Overbought Warning, Will A Price Correction Follow?
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My name is Godspower Owie, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the lifestyle. My parents are literally the backbone of my story. They have always supported…
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Cardano Could Be Heading For A 20% Correction – Technical Data Signals Bearish Price Structure
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This article is also available in Spanish. Cardano (ADA) has seen significant volatility in recent weeks, capturing the attention of investors and analysts alike. After hitting a local high of $1.15 on November 23, the price has retreated significantly and recently failed to regain this key level. The inability to…
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Cardano Could Be Heading For A 20% Correction – Technical Data Signals Bearish Price Structure
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This article is also available in Spanish. Cardano (ADA) has seen significant volatility in recent weeks, capturing the attention of investors and analysts alike. After hitting a local high of $1.15 on November 23, the price has retreated significantly and recently failed to regain this key level. The inability to…
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XRP Will Hit $2.13 Before A Correction – Analyst Predicts Bullish Rally
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This article is also available in Spanish. XRP is trading just below the critical $2 mark, a level that served as the local high during the 2021 bull cycle. The price has been rising steadily, supported by bullish momentum, and appears poised to move higher. Investors and analysts are watching…
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Bitcoin Is Facing A Correction But Remains Bullish – Metrics Confirm Further Upside
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Bitcoin has seen a 9% bounce from its all-time high of $99,800, but its long-term bullish structure remains intact. Although this correction is notable, it has not dampened investors’ optimism, as many are willing to buy the dip and push Bitcoin beyond the $100,000 mark. According to key metrics shared…
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Bitcoin Correction Looms As Analyst Predicts Fall To $85,600
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The price of Bitcoin (BTC) rose 7.99% in the past week to reach a new all-time high of $99,655 on November 22. After that, the number one cryptocurrency saw a slight bounce in the last 48 hours as it fell to around $98,200. However, speculation of a major price correction…
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Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?
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Meet Samuel Edem, nickname – HIM-buktu. Web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and an understanding of trends, he has written articles for numerous industry players, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the…
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Chart Art: Time for a Trend Correction on the S&P 500 (SP500) Index?
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US stock markets have been on the rise lately, but are we finally seeing signs of a correction to the rally in the S&P 500? Check out these nearby turning points! S&P 500 Index (SP500) 4 Hours Chart by TradingView Optimism for business-friendly policies under another Trump administration has allowed…
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Bitcoin At Risk Of Deeper Correction – Could A $65,000 Retest Be Imminent?
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BitcoinThe recent price movement has caused ripples in the cryptocurrency market, raising concerns among investors as the leading digital asset undergoes a major correction. After an impressive rally, the focus now turns to whether Bitcoin is able to maintain its bullish momentum or will face a crucial test at the…
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Solana Headed For Correction Before Bounce – Analyst Sets $180 Target
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This article is also available in Spanish. Solana (SOL) is trading around a crucial ask level at $165, after pulling back from its recent highs of $183. This level is pivotal for SOL, as losing it could trigger a deeper correction, putting the altcoin at risk of further decline. However,…
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Bitcoin Faces 5th Rejection At $72,000, Is A Correction Coming?
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This article is also available in Spanish. Before its monthly close, Bitcoin (BTC) saw another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the decline, some analysts see the cryptocurrency still in a strong position for an upcoming breakout, setting the next levels to watch. Related…
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SUI To Face Another Pullback, Analysts Forecast 30% Correction
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This article is also available in Spanish. SUI, the native token of the Sui network, saw a 13% decline in the past seven days, halting its bullish rally. The cryptocurrency broke out of a one-month structure, fueling bearish sentiment among market watchers, who expect further declines in the token. Related…
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Chart Art: Is Gold (XAU/USD) Gearing Up for a Correction?
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Gold prices have been on a tear these days thanks to all the uncertainty in the market. Is it time for a correction soon? Better keep an eye on these potential support areas in case the precious metal declines! Gold (XAU/USD) 4-Hour Frame Chart by TradingView Flows into safe havens…