NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

2 Major Reasons Why Bitcoin Risks Falling Towards $8,500

Yashu Gola
Yashu Gola
1 year ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

  • A prolonged period of low volatility is setting Bitcoin towards a big price move.
  • The short-term bias for the cryptocurrency remains neutral as it trades inside a $300 trading range.
  • Nevertheless, three separate technical indicators put Bitcoin at the risk of breaking lower towards $8,500.

Buckle up, Bitcoin traders!

The sailing from here could get bumpier as the cryptocurrency continues to trade strictly inside a $300 trading range. BTCUSD has repeatedly failed to sustain a rally above its short-term resistance level at $9,300. Meanwhile, an equally stubborn support level at $9,000 has capped the pair from extending its bearish bias.

The flat and dull price action is reflective of the Bitcoin’s volatility. Data provided by Skew.com shows that the cryptocurrency has been least volatile in more than two years, with its one-month Realized Volatility falling towards 28.3 percent.

bitcoin, btcusdt, btcusd, xbtusd, cryptocurrency, s&p 500

Bitcoin 1-Month Realized Volatility dips. Source: Skew

A sustained period of low volatility typical prompts an asset to undergo a breakout move. Bitcoin is on a similar path. However, it is difficult to predict the direction of its next significant price action.

At the same time, two technical indicators with a credible history of predicting market trends see BTCUSD falling in the coming sessions.

#1 Bitcoin’s 50-Weekly Moving Average

Zooming out a typical Bitcoin chart from daily to weekly shows the cryptocurrency in a downtrend since its December 2017 top.

The long-term market outlook shows a string of technical indicators that accurately foretold the direction of Bitcoin’s next price moves. One of them was and remains to be the 50-weekly moving average, as shown via blue wave in the chart below.

bitcoin, btcusdt, btcusd, xbtusd, cryptocurrency, s&p 500

Bitcoin price outlook from the point of view of the blue wave. Source: TradingView.com

BTCUSD always rallied as long as it maintained its hold above the 50-WMA. At the same time, breaking below it prompted traders to switch their bullish bias to bearish. In 2018, for instance, Bitcoin bottomed out near $3,120 six months after breaking below the 50-WMA.

On the other hand, the cryptocurrency’s sharp pullback move in the first half of 2019 saw it leaping over the blue wave. That visibly played an essential role in sending the price towards $14,000 in June 2019.

The same fractal repeated later in 2020, bringing Bitcoin now to retest the same blue wave as support. If the cryptocurrency breaks below $9,000, then it may end up falling towards the 50-WMA.

The wave is near the $8,500-mark.

#2 MACD Bearish Cross

Zooming the Bitcoin price chart back to the daily timeframe shows the beginning of a bearish bias, at least according to a textbook indicator traders use to predict short-term trends.

Dubbed as MACD, the trend-following momentum indicator shows the relationship between two moving averages. If the short-term MA moves below the long one, then MACD returns a negative value – a bearish bias. The opposite of it returns a positive value, suggesting a bullish bias.

bitcoin, btcusdt, btcusd, xbtusd, cryptocurrency, s&p 500

 MACD hints a bearish bias. Source: TradingView.com

The outcome of MACD readings shows it crossing below its signal line (a 9-day moving average) while trending below the baseline (defined by zero). That points to an increase in selling pressure in the BTC market.

Tweet123Share196ShareSend
Yashu Gola
Yashu Gola

Yashu Gola

Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 – and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN.

Read more

Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Coinbase

Coinbase: A Surprising Champion Of The Trump Trade, Eyes New Stock Records

Coinbase (COIN) is experiencing significant momentum, with its stock poised to reach a record closing high as the cryptocurrency sector...

Ronaldo Marquez 2 hours ago

Vaļi ir atgriezušies mēmu monētās pēc Bitcoin jaunā visu laiku augstākā līmeņa – Telegram bots mēmu monētu meklēšanai

Bitcoin (BTC) jaunais visu laiku augstākais līmenis ir atdzīvinājis visu kriptovalūtu tirgu, un mēmu monētas atkal nonākušas uzmanības centrā. Dogecoin...

lasma 3 hours ago
Ethereum Price Drops After Bullish Attempt

Ethereum Shorts Reach Record Levels, How To Stay Positioned For A Breakout

As the Ethereum price has broken out above $3,000, the shorts have piled on with expectations that this rally will...

Scott Matherson 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

TD Cowen Projects Bitcoin At $155K By Year-End, Raises Strategy’s Price Target

Ronaldo Marquez 22 minutes ago
Investors Chase Snorter Token as $BONK & Solana Market Rally

Investors Chase Snorter Token as $BONK & Solana Market Rally

Aaron Walker 40 minutes ago
crypto Fear & Greed Index, waarom daalt crypto

Crypto ‘Fear & Greed Index’ op 73 tijdens 5% markt correctie – volgt er een verdere daling?

Lars Diederiksen 1 hour ago

Premium Sponsors

Press Releases

  • Тези 3 монети под $1 могат да превърнат инвестиция от $200 в $2 милиона до 2027 година

    Тези 3 монети под $1 могат да...

    2 hours ago
  • Synthetic Darwin Introduces Breakthrough AI With Israeli...

    2 hours ago
  • Memecoins sao ativos inspirados na cultura digital

    Floki, SPX, Bonk Tăng 10% Giữa Cơn Sốt Meme Coin –...

    2 hours ago
  • Tieto 3 coiny pod 1 $ môžu premeniť investíciu 200 $ na 2 milióny do roku 2027.

    Tieto 3 coiny pod 1 $ môžu premeniť investíciu 200 $ na...

    2 hours ago
  • BTC Vượt $120K – Các Đồng Coin Tiềm Năng Nào...

    3 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.