NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins.
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Global Macro Investor (GMI) head of macro research Julien Bittel posted a bitcoin “oversold RSI” roadmap on X, arguing the market has tracked it closely and tying the setup to a broader view that the cycle could run into 2026—an outlook he says would render the traditional “four-year cycle” framework obsolete. “A lot of people have been asking for an update on this chart, so I’ll just leave this...
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Bitcoin (BTC) has entered an extreme oversold phase, with momentum indicators dropping to levels that historically signal market exhaustion and a trend reversal. Researchers tracking macro conditions and long-term price behavior say that the current drawdown reflects a reset in positioning, not the end of the bull market. Based on past recovery patterns, the analyst believes that Bitcoin could...
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Veteran chartist Peter Brandt is flagging what he calls a “potential double top” on XRP’s weekly chart, a classic reversal setup that, if confirmed, would argue for materially lower prices — even as other traders point to a washed-out weekly RSI reading that has historically aligned with prior bottom zones. Peter Brandt Flags XRP Double Top Pattern Brandt posted the chart to X on Dec. 17 and...
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In its latest report, asset manager and exchange-traded fund (ETF) issuer, Bitwise, has shared an optimistic 2026 outlook for the crypto market, anticipating significant growth, while predicting new all-time highs for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Megatrends In Crypto? Bitwise begins by asserting that Bitcoin is poised to break free from its traditional four-year price cycle,...
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With only two weeks left of 2025, market participants wonder whether the Bitcoin (BTC) and the rest of the crypto market will continue to struggle or begin recovering. An analyst discussed the current market sentiment and the impact it may have on market performance. Related Reading: XRP Price Must Defend This Level To Avoid 50% Breakdown, Analyst Warns The Four-Year Crypto Cycle Is ‘Like Faith...
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A cryptocurrency analyst has explained where Ethereum could go next based on a long-term Parallel Channel forming in its monthly price chart. Ethereum Has Been Trading Inside A Parallel Channel For The Last Few Years In a new post on X, analyst Ali Martinez has talked about a long-term pattern that Ethereum has appeared to have been following for the last few years. The pattern in question is a...
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On Wednesday, a bipartisan meeting of the Senate Banking Committee, led by Senator Tim Scott, offered a cautiously optimistic outlook for discussions surrounding the anticipated crypto market structure bill. Despite the absence of any markup hearings scheduled for this week, industry representatives and senators engaged in what many considered a productive dialogue regarding the evolving...
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Solana failed to settle above $132 and nosedived. SOL price is now consolidating losses below $130 and might decline further below $120. SOL price started a fresh decline below $130 and $128 against the US Dollar. The price is now trading below $128 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $131 on the hourly chart of the SOL/USD pair...
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According to statements reported by Russian news agencies, Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, said cryptocurrencies “will never become money” in Russia and should be treated only as investment instruments. He said that where a payment is required, it must be made in Russian rubles. Related Reading: Ethereum Meets Wall Street: JPMorgan Rolls Out Tokenized...
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XRP price failed to gain pace above $1.950 and trimmed gains. The price is now struggling and faces resistance near the $1.90 level. XRP price started a fresh decline below the $1.90 zone. The price is now trading below $1.880 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.9350 on the hourly chart of the XRP/USD pair (data source from...