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1. Bitcoin Price Can’t Reclaim $80K, Putting $70K On The Radar

   Bitcoin price started a major decline below $80,000. BTC is down over 10% and might soon test the $70,000 support zone. Bitcoin failed to remain above $82,500 and started another decline. The price is trading below $80,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $79,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The...

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3. Bitcoin Breaks Key Support, Analyst Signals Lower Levels Ahead

   Bitcoin’s price action has fallen into bearish territory after dropping below an important previous low that had supported the rally for months. At the time of writing, Bitcoin is trading at $78,560 after falling to as low as $77,082 in the past 24 hours, a move that crypto analyst XForceGlobal says represents a significant change in the technical structure.  According to his detailed Elliott...

4. Gold Vs. XRP: One Asset Just Added 20x The Other’s Market Value

   Markets have been loud this week. Precious metals punched through records, then gave back much of their gains, while major crypto tokens barely budged. That contrast is what has people talking. Related Reading: Ethereum Boost: Vitalik Buterin Sets Aside $45M In ETH For Privacy And Open Tech Gold’s Sudden Market Jump According to posts on X by market commentators, gold’s capitalization rose by...

5. XRP Must Hold This Level To Avoid Transition To Macro Bear Structure

   The XRP price was caught in the latest crypto market-wide selloff, falling to an intraday low of $1.57 within the past 24 hours. The sudden drop brings into focus XRP’s higher-timeframe structure, which is teasing a break below the 33-month exponential moving average.  According to a technical assessment shared on X by crypto analyst Egrag Crypto, the recent drop below the 33-month exponential...

6. Ethereum Price Slips Below $2,500 — Here Are The Next Support Levels

   The Ethereum price has been under intense bearish pressure over the past few weeks, reflecting the overall fragile state of the cryptocurrency market. The altcoin lost nearly 20% of its value in the past week, free-falling under the psychological $3,000 level since Thursday, January 29th.  With the market still showing signs of further downside risk, there is no telling how deep the Ethereum...

7. Bitcoin LTH Supply Rises Again Amid Bearish Market Dynamics

   The Bitcoin market experienced a shockingly dramatic weekend, as opposed to the typical silent price action displayed in previous weekends. On Saturday, January 31st, the world’s leading cryptocurrency seemingly led other crypto assets south of the charts, with its price falling from $84,350 to as low as $75,000 in a single swoop.  As this unfolded, an inversely correlated shift also...

8. Swift Surge: New XRP Whale Amasses $206 Million In Minutes

   A fresh whale on the XRP ledger moved a large chunk of tokens in a very short time, and traders are split on what it means. According to on-chain records, a newly activated address received two equal transfers that together totaled $120 million XRP. The transfers came through an intermediary wallet that shuffled the coins across multiple quick moves. Related Reading: Crypto Funds Bleed $1.80...

9. Here’s Why Bitcoin Fall Below $80,000 Could Be A Deep Pit – Analyst

   In the past few hours, Bitcoin has dropped below $80,000 amid another wave of liquidations as January comes to a rather volatile close. Analysts at Kobeissi note there have been three notable liquidation events in the past 12 hours, resulting in a combined loss of $1.3 billion. Such developments, coupled with a very fearful market after last week’s price slump, have pushed Bitcoin below a key...

10. Bitcoin Air Pocket Presents Potential Fall To $73,000 – Details

    Bitcoin bearish sentiments continue to dominate the market, after prices fell below the key $80,000 on January 31, resulting in a new wave of market liquidations. Interestingly, a pseudonymous analyst with the username CryptoMe has identified an “air pocket” in the present price structure, which potentially points to the downside target of this recent price drop. Related Reading: Bitcoin...