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Bitcoin Price Analysis: Bitcoin Plunged Over $4K In a Day, Where is the Next Key Support?

After the price topped at $52K on Monday, Bitcoin had lost over $4000 in just a day. Is BTC entering a deeper correction, or where is the local bottom? Technical…

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Bitcoin Price Analysis: BTC Facing Friday’s Options Expiration, Marks Next Major Resistance

Option Market Analysis This Friday, 24 of December 21, about $684 million worth of Bitcoin options contracts will expire in Deribit Exchange. The maximum pain price – the strike price…

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Onchain Data Suggests BTC Might Turn Bullish Soon (Bitcoin Price Analysis)

Bitcoin volatility continues. After dipping below $46K on Monday, BTC was able to recover sharply, marking Tuesday’s high above $49.3K as of writing these lines. Looking at the following chart,…

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Bitcoin Price Analysis: Despite the Bearishness, Onchain Might Suggest a Supply Shock

According to Reuters, the Russian central bank wants to ban investments in cryptocurrencies in the country. Following the bearish news, Bitcoin’s price fell to near $48.5k in the spot market.…

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