Crypto market enters extreme fear as analysts warn of Bitcoin below $50K

Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows.

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Bitcoin set for sub $50K correction in September Analysts

Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000 before a rally to new highs.

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Watch these 3 BTC price levels if Bitcoin breaks below $55K

Bitcoins recent drop to $55,250 reclaimed an untouched demand zone from August, which may push prices for an immediate swing high at $58,000. 

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Bitcoin investors relatively profitable even as the bull market takes a pause

A growing number of short-term Bitcoin traders positions are held at a small loss, but data shows a healthy market when compared to previous bull cycles.

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Bitcoins Liquidation Data Signals a Possible Trend ReversalHeres Why

Bitcoin price movements and market sentiment have often been tied to the positions held by traders across the board. Regarding that, an insight shared by CryptoQuant analyst Amr Taha sheds light on the potential significance of Bitcoin’s long/short liquidation delta, hinting at a shift in market stance. This indicator, according to the shared insight provides [...]

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Bitcoin analysts say BTC is in a good position above the 200-MA and $65K

Bitcoins strong rally puts it in a good position where the 200-MA and $65,000 level could potentially serve as a new level of support.

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Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?

Recently, a significant movement of older Bitcoin holdings has been observed on the network, sparking discussions about potential selling pressure in the market. This activity, as shown in data by the on-chain analytics platform CryptoQuant, has led to analysts advising “extreme caution” in the face of this development. Related Reading: Uptober Is Just Around The Corner: Heres Where Bitcoin Price Is Headed Old Bitcoin On The Move: A Signal for Caution? A CryptoQuant analyst under the pseudonym XBTManager noted that Bitcoins upward trend has been accompanied by increased activity on the network, particularly from wallets that have held Bitcoin for extended periods. The question now is whether this movement will lead to a broader market reaction. Old Bitcoins are on the move Overall, we are seeing a significant increase in the movement of coins from various age bands during this latest leg of the rise, with continuous transfers happening on the #Bitcoin network. By @XBTManager Full post https://t.co/LR0bvdvAOY pic.twitter.com/sUe6yqp4Xj CryptoQuant.com (@cryptoquant_com) September 24, 2024 XBTManager detailed these movements, noting several significant transfers of old Bitcoin in recent days. For example, on September 18, over 21,000 Bitcoin were moved from wallets that had held the cryptocurrency for periods ranging from one week to three years. Similar patterns were observed on the following days, with over 29,000 BTC, held for six to twelve months, being moved on September 23 alone. The analyst emphasized the importance of monitoring where these BTCs are headedwhether they are being transferred to exchanges, which could suggest an impending sell-off. The increased movement of old Bitcoin raises concerns about potential selling pressure in the market. As XBTManager pointed out, the large-scale transfer of Bitcoin from wallets that have held onto the asset for months or even years could slow down Bitcoins current upward momentum. “As more transfers occur on the network, Bitcoin’s upward momentum begins to slow down. Extreme caution is advised,” the analyst noted. Related Reading: Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell Potential Selling Pressure on The Horizon? Another CryptoQuant analyst, BaroVirtual, has echoed the sentiment of caution. BaroVirtual highlighted a recent decline in institutional short positions, which may not necessarily be a positive signal for the market. According to the analyst, while the reduction of short positions might offer some short-term relief, the analyst expressed concern over the long-term implications, noting: I don’t quite agree that this is a positive signal if institutional investors are no longer aggressively shorting Bitcoin. Perhaps this is good for the short term so the market can take a breath. However, the build-up of short positions is needed in the long term to fuel Bitcoin’s growth. Featured image created with DALL-E, Chart from TradingView

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Analyst Warns Of Short Squeeze as Bitcoin Futures Market Heats Up

The Bitcoin futures market is seeing a rise in leverage, which may signal an impending short squeeze that could lead to a bullish rally, according to a recent report by a CryptoQuant analyst, known as Percival. Percival insights shared earlier today on the QuickTake platform detailed the current state of Bitcoin leverage and the potential impact it could have on Bitcoin’s price trajectory. Related Reading: Bitcoin Demand Surge: Binance Buyers Take Charge As Coinbase Premium Falls Bitcoin Open Interest And Leverage Surge Amid Volatility According to Percival, the futures market consists of two major groups: institutional traders on the Chicago Mercantile Exchange (CME) and retail or native cryptocurrency traders. Institutional traders typically hedge their positions and are less prone to liquidations, while retail traders often face higher liquidation risks, particularly during periods of increased market volatility. These dynamics are particularly relevant now, as leverage in the futures market has surged over the past two weeks. Percival noted that open Interest in Bitcoin futures has now grown by $6 billion, reaching a total of $28.3 billion, just shy of the all-time high of $31 billion recorded in July. This increase in leverage is tied to recent market movements, especially around the volatility caused by the recent US Federal Reserves interest rate decisions. Despite this uptick, institutional traders are seen to hold onto their positions confidently, anticipating further volatility but are less exposed to liquidation risks than retail traders. In addition, funding rates for Bitcoin Future contracts indicate that investors holding long positions currently receive around $2 million daily. This suggests that demand for long positions remains strong, as investors are willing to pay to maintain these positions. However, Percival cautions that while this is not an “overly excessive amount”, sudden price corrections could quickly wipe out those over-leveraged traders attempting to capitalize on these market movements. Short Liquidations Hint At Possible Short Squeeze A notable observation in the report was the significant increase in short liquidations. Percival explained that short liquidations have risen by approximately $493 million, which could be a precursor to a “short squeeze.” A short squeeze occurs when short positions are forced to close due to rising prices, which can cause further upward pressure on the assets pricein this case, Bitcoin’s. Percival speculated that this surge in short liquidations could rapidly recover Bitcoins price following any “sharp corrections.” Related Reading: Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy? The liquidation of short positions would give the market the momentum needed for Bitcoin to bounce back and potentially trigger a more significant rally. While volatility is expected in the short term, the overall outlook appears to lean towards a bullish trend if this short squeeze scenario continues. Featured image created with DALL-E, Chart from TradingView

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Bitcoin Demand Surge: Binance Buyers Take Charge As Coinbase Premium Falls

A recent analysis from a CryptoQuant analyst, known by the pseudonym Avocado Onchain,  has highlighted a notable development in the Bitcoin market. According to the analysts observations, the Coinbase Premium, which tracks the price difference between Bitcoin on Coinbase and Binance, has turned negative. This indicates that the price of Bitcoin is lower on Coinbase [...]

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Bitcoin Indicator Signals Shift To Bullish Territory Can BTC Break Past $65,000?

Bitcoin has experienced a significant price surge since Tuesday, following the Federal Reserve’s announcement of a 50 bps interest rate cut. This move pushed BTC past the critical $62,000 mark, a psychological level that has become a turning point for investor sentiment. With Bitcoin now testing local supply, market participants are closely watching for further upside potential. Related Reading: Ripple Whales Accumulate Over 380 Million XRP in Just 10 Days: Is A Breakout Near? As the price continues to push higher, analysts are pointing to crucial data indicating a potential shift in Bitcoin’s trend after months of downtrend price action. Glassnode metrics reveal a notable trend change, suggesting BTC may be entering bullish territory once again. This resurgence is drawing increased attention from both retail and institutional investors as they evaluate whether Bitcoins rally has staying power or if the market will face resistance at higher levels. With renewed momentum, the coming days will be critical in determining if Bitcoin can sustain this upward trajectory and fully break out of its previous bearish phase. Bitcoin Signals A Bullish Return  Bitcoin investors have seen sentiment shift dramatically from fearful to hopeful in just a few days. Following the Federal Reserves rate cut announcement on Wednesday, Bitcoin surged over 8%, breaking critical levels and testing local supply. This sudden price action has sparked renewed optimism in the broader crypto market, giving investors hope for a fresh start after months of bearish price movement. Prominent crypto analyst Ali Martinez has shared valuable insights on X, drawing attention to key data from Glassnode that suggests a significant shift in Bitcoins price trend. Specifically, Ali highlights the Market Value to Realized Value (MVRV) ratio, which tracks the difference between BTCs market price and its actual value. The MVRV ratio, which had been in a downtrend since April, is now rising, signaling that Bitcoin may be regaining strength. Ali notes that the MVRV is a critical indicator for assessing momentum, and the current upward trend hints at a potential return to bullish territory. Related Reading: Crypto Analyst Predicts Dogecoin Will Surge 1,000% Past ATH Price Targets Revealed The analyst further explains that if the MVRV can close above its 90-day moving average, it would confirm a stronger bullish outlook for Bitcoin. Given the aggressive price surge and the increasing demand reflected in recent price action, this scenario seems increasingly likely. Investors are now watching closely, as Bitcoins next moves could mark the beginning of a new bull phase. Technical Levels To Watch Bitcoin (BTC) is trading at $63,024 after days of consistent “only up” price action since hitting local lows. The price recently broke above the daily 200 exponential moving average (EMA) at $59,350 and is now testing the critical daily 200 moving average (MA) at $63,954.  This daily 200 MA is a key long-term indicator, signaling overall market strength. If Bitcoin can reclaim this level as support, it would likely trigger a significant price surge, bolstering the bullish outlook. Related Reading: XRP The Safest Investment To Make 100% ROI Former Asset Manager Shares Price Targets For bulls to maintain momentum, the next target would be around this critical level, with a potential push toward $65,000, a price last tested in late August. However, should BTC fail to hold above $60,000 in the coming days, investors may see a retracement to lower demand levels. The ability to stay above key support zones will determine the next phase of price action. Featured image from Dall-E, chart from TradingView

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Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy?

As Bitcoin price valuation inches closer to the $65,000 mark, the asset has grabbed the attention of market analysts, with one recently highlighting a key indicator that now suggests a potential further recovery in BTC’s price. Particularly, according to a recent post on the CryptoQuant Quicktake platform by an analyst under the pseudonym Darkfost, the [...]

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Bitcoin $110K setup still in play, but analysts warn of sub-$40K dip first

Could Bitcoin see a correction below $40,000 before breaking out toward a six-figure valuation?

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Bitcoin rally above short-term holder metric has traders calling for new BTC price highs

Bitcoins recent rally put its price above a key bull market metric. Are new highs inbound?

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BTC rallies past $62.6K after BlackRock issues Bitcoin white paper

Bitcoins adoption trajectory will largely depend on future macroeconomic and geopolitical concerns, according to BlackRock.

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Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?

So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although bulls appear to be taking the lead given its current market performance, will this be sustainable? Before the US Federal Reserve announcement of the rate cuts, Bitcoin experienced a slight dip in its trading price. However, following the announcement, the leading crypto saw a sudden price surge, reclaiming the $60,000 mark. Bitcoin continues to show bullish strength, trading at $63,006, reflecting a 5.6% increase over the past 24 hours. Related Reading: CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms Is This Bitcoin Rally For Real? The sudden bullish performance from Bitcoin recorded over the past day has had several traders and analysts sharing their respective outlooks on the asset, with many focusing on the next potential trajectory of Bitcoins price. Despite the ongoing upward momentum, some experts urge caution, highlighting underlying market signals that could impact the sustainability of this bullish trend. One such expert, crypto trader Josh Olszewicz, shared his insights on this matter, suggesting that while the current picture appears optimistic, there are still some concerns to consider before expecting a continued uptrend. According to Olszewicz, Bitcoin’s recent move led it above the daily Ichimoku Clouda technical analysis indicator used to gauge market trendssignaling a potential bullish scenario. However, he emphasized that this indicator alone does not guarantee a sustained upward trend. Specifically, Olszewicz pointed out that the Cloud and the Tenkan-Sen and Kijun-Sen (TK) cross are still in a bearish formation. $BTC We are once again back above the daily Cloud, although we still have a bearish Cloud and bearish TK cross. Additionally, the previous three Kumo breakouts this year have gone no where. So although this is a certainly more bullish picture than a few days ago, Cloud does pic.twitter.com/bmlqKM9g6c #333kByJuly2025 (@CarpeNoctom) September 19, 2024 What Will Result In A Sustainable Rally? For a more definitive bullish signal, the Cloud needs to flip into a bullish mode, along with a bullish TK cross, Olszewicz disclosed. This setup would provide a stronger confirmation for a bullish continuation. Olszewicz also noted that previous Kumo breakouts this year have failed to lead to significant price gains, adding uncertainty to the current breakout. He suggested that analyzing Bitcoin on a longer timeframe, such as the two-day Ichimoku Cloud, might offer a clearer perspective. Related Reading: Crypto Analyst Reveals Key Insights into Bitcoins Bull-Bear Transition Phase A bullish breakout on this timeframe and an eventual bullish TK cross could provide a more reliable indication of a sustained bullish trend for Bitcoin. Featured image created with DALL-E, Chart from TradingView

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CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms

Traders on the Chicago Mercantile Exchange (CME) have been increasing their short positions on Bitcoin futures ahead of the US Federal Reserve’s interest rate decision, according to K33 analyst David Zimmerman. This move indicates a cautious approach in the market, as the Federal Open Market Committee (FOMC) is expected to announce its latest interest rate decision later today by 2 pm ET Related Reading: Crypto Analyst Reveals Key Insights into Bitcoins Bull-Bear Transition Phase The Looming Rate Cut And The Beforemath So far, current market sentiment points towards a 50 basis-point rate cut, a significant change from the usual monetary policy. This would be the first-rate reduction in four years, causing market participants to brace for potential volatility. Zimmerman noted that CME traders have notably increased their short positions by 5,500 BTC over the past two days, pushing futures premiums to a nine-month low. This trend suggests a shift towards bearish sentiment on Bitcoin in anticipation of the FOMC’s decision. Additionally, the CME futures market is reflecting fears of heightened volatility, similar to what occurred following the recent US Consumer Price Index (CPI) release. According to Zimmerman, the “downward sloping futures premiums” on CME, now below 5% for the first time since January 15, indicate “hedging against potential risks” associated with the FOMC meeting. Implications Of Interest Rate Cuts On Bitcoin Zimmerman pointed out that although rate cuts usually relief market conditions and may enhance liquidity for risk assets like Bitcoin, worries about a possible economic downturn remain. The analyst mentioned that the anticipated 50 basis-point cut has amplified these concerns. Historical precedents show that such a significant reduction, like those in 2001 and 2007, heightened recession fears. Currently, with real interest rates at their cyclical highs and inflation cooling, the Federal Reserve may consider swift cuts to reach a “neutral rate”a rate that neither stimulates nor restricts the economy, Zimmerman suggested. The analyst added, noting: “Currently, 125 basis points in cuts are expected by the end of the year.” Currently, Bitcoin trades at $59,415, at the time of writing down by 2.7% in the past day. Despite the bearish sentiment from CME traders, several analysts are optimistic that the fed rate cut will be positive for Bitcoin. Related Reading: Bitcoin Price Bounces Back, But Can It Sustain Above $60K? For instance, renowned crypto analyst known as Moustache on X has recently pointed to a notable bullish pattern on BTC chart, suggesting that the upcoming FOMC decision could assist the pattern in playing out completely. #Bitcoin (W) Most exciting FOMC meeting of the year and the chart of $BTC looks like this. Descending broadening wedge for 6 months. In the past, these patterns have ALWAYS been bullish. RSI is a leading indicator and has already broken out of the downtrend. pic.twitter.com/zbHNIM5vfc (@el_crypto_prof) September 18, 2024 Featured image created with DALL-E, Chart from TradingView

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Bitcoin poised for volatility ahead of US interest rate decision Analysts

The Fed is expected to deliver its first interest rate cut since the pandemic, which could introduce more volatility before the next Bitcoin leg up.

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Crypto investment products see $436M inflow, while Ethereum continues to suffer

Inflows to crypto investment products rose over the past week, but Ethereum continues to lose investors interest.

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Bitcoin set for 3-month historic rally as analysts eye $92K BTC

According to market analysts, this could be the last dip buying opportunity for Bitcoin before the next leg up.

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Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst

The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as Kripto Mevsimi, the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where recovery could begin. While the drop in MVRV could suggest an “opportunity for long-term investors,” the analyst warns that caution is needed. Related Reading: Bitcoins Leverage Ratio Hits New High: What Does This Mean BTC? Bitcoin Will Recover If Its MVRV Does This The MVRV (Market Value to Realized Value) ratio is a metric used in cryptocurrency to assess whether an asset, like Bitcoin, is overvalued or undervalued relative to its “realized value.” Market Value refers to the asset’s current price multiplied by its total circulating supply, essentially the market capitalization. Realized Value is calculated by summing the value of each coin at the price it was last moved on-chain, giving a picture of what the network participants paid for their holdings. According to Mevsimi, historically, when the Bitcoin MVRV ratio breaks back above its 365-day average, it has been followed by a renewed sense of optimism in the market, often signaling the start of a “more sustainable upward trend.” However, the current economic environment, marked by ongoing macroeconomic uncertainties, suggests that Bitcoins recovery could take longer. In the meantime, the analyst advises investors to maintain a balanced outlook, noting: Therefore, maintaining a measured and balanced perspective is essential. A positive outlook is understandable, but it should be tempered with awareness of the broader risks until the MVRV ratio confirms a more sustained upward momentum. Related Reading: 11% Of Bitcoin Supply In Coinbases Hands: Analyzing The Potential Risks Buy Signal Identified In BTC Meanwhile, Despite the current state of the MVRV ratio, Bitcoins price has shown some signs of recovery in as of today. After briefly dipping below the $58,000 mark earlier in the day, the asset has reversed its trajectory, gaining 1.2% to reach a price of $58,463 at the time of writing. Crypto analyst Mags took to X to highlight a key bullish signal: the Bitcoin hash ribbon. According to Mags, the Bitcoin hash ribbon indicator has flashed a buy signal, historically one of the “most reliable” indicators for Bitcoins price movement. Mags mentioned that every time this signal appeared, it was followed by a significant price surge, giving traders reason to believe that Bitcoin could see a bullish breakout soon. #Bitcoin – hash ribbon flashed a buy signal. Historically, this has been one of the most reliable indicators for Bitcoin. Every time we’ve seen this signal, its often followed by a massive pump in BTC! pic.twitter.com/hXFLkTKXTH Mags (@thescalpingpro) September 13, 2024 Featured image created with DALL-E, Chart from TradingView

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