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: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
  • 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: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Analyst: Bitcoin to See One Final Downtrend Before Bull Run Begins

Cole Petersen
Cole Petersen
1 year ago
2 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.

Bitcoin’s intense consolidation phase may soon draw to a close, as multiple technical patterns are now suggesting that some massive volatility is imminent.

This potential trend-defining movement comes after months of range-bound trading between $9,000 and $10,000.

Throughout the past few weeks, this trading range has narrowed to between $9,000 and $9,300, with both buyers and sellers sitting deadlocked as both sides fail to gain control.

One analyst is now noting that he is expecting Bitcoin to see one more accumulation cycle that sends its price reeling down towards the sub-$5,000 region.

This price target aligns with the lower boundary of a massive pennant that has been formed throughout the past three years.

He believes that this decline will mark the final re-accumulation phase seen by the benchmark cryptocurrency, and this could be followed by an intense uptrend that allows it to enter firm bull territory.

Bitcoin’s Bollinger Bands Suggest Massive Volatility is Imminent

At the time of writing, Bitcoin is trading up marginally at its current price of $9,170.

The cryptocurrency has failed to garner any decisive momentum throughout the past several days and weeks as its trading range continues narrowing.

This consolidation phase has been driven mainly by a sharp decline in both liquidity and trading volume seen by the digital asset throughout the past several weeks and months.

This narrowing trading range may also be the result of traders growing increasingly focused on altcoins, which have been seeing intense uptrends throughout the past few weeks.

Until the strength seen by many of these smaller tokens starts faltering, it is possible that Bitcoin will remain caught in its current bout of sideways trading.

One analyst recently observed, however, that Bitcoin’s Bollinger Bands are now at their tightest levels seen since October of 2018. This means that the cryptocurrency is likely to make a massive movement in the days and weeks ahead.

“Bitcoin – Daily BBs have not been this tight since October of 2018 – I hope you have your popcorn ready.”

Bitcoin

Image Courtesy of Big Cheds. Chart via TradingView.

Analyst: BTC Likely to See One Final Decline Before Bull Trend Kicks Off

While speaking about Bitcoin’s path forward, one highly respected analyst explained that he is expecting it to see one final re-accumulation phase that sends it down to the lower boundary of its macro pennant.

This could mean a movement towards $5,000 is imminent, and that it will be followed by the next bull market.

“BTC macro re-accumulation. One last set of cycle lows then mark-up,” he concisely said while pointing to the below chart.

Image Courtesy of TraderXO. Chart via TradingView.

Because of Bitcoin’s historically tight Bollinger Bands, this next cycle-low may kick off in the coming days and weeks.

Featured image from Unsplash.

Charts and pricing data via TradingView.
Tweet123Share196ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

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

바이낸스 애스터(ASTER) 주간 상승률 1800% 기록... 다음 유망 코인은?

바이낸스 애스터(ASTER) 주간 상승률 1800% 기록… 다음 유망 코인은?

최근 디파이(DeFi) 시장이 전반적인 조정 국면에 접어든 가운데, 일부 프로젝트는 이 같은 흐름을 정면으로 거스르며 주목받고 있다. 영구 선물 기반 탈중앙화 거래소(Perpetu...

Soyeon Lee 2 hours ago
solana-pret-a-detroner-ethereum

Solana prêt à détrôner Ethereum ?

La hiérarchie crypto bouge. Solana concentre les regards, entre techniques percées et fenêtre réglementaire inédite. La question n’est plus théorique....

evanss 4 hours ago
Ethereum news

Ethereum Thesis From Tom Lee Torched As ‘Retarded’ By VC Firm Boss

Mechanism Capital co-founder Andrew Kang escalated his critique of Tom Lee’s latest Ethereum investment case with an unusually blunt tirade...

Jake Simmons 4 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

Fundstrat’s Tom Lee Sees Bitcoin Tripling, Ether Rising 5X By Year-End

Christian Encila 2 hours ago
Bitcoin predikce

Podle Arthura Hayese by mohl bitcoin do roku 2028 dosáhnout ceny 3,4 mil. USD

Lenka Hanzlíková 2 hours ago
Franklin Templeton’s Benji-BNB Expansion Fuels FOMO Around Maxi Doge

Franklin Templeton’s Benji-BNB Expansion Fuels FOMO Around Maxi Doge

Aaron Walker 2 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の展望 ― 0.30ドル到達と「買うべきミームコイン」論争

    ドージコイン 今後の展望 ―...

    11 minutes ago
  • リップル 今後の展望:RLUSDステーブルコインがマネーマーケットファンドに統合

    リップル...

    30 minutes ago
  • 仮想通貨プレセール動向:次世代ビットコインレイヤー2が資金を集める

    ...

    46 minutes ago
  • テザーが5,000億ドル規模の資金調達を計画、今注目すべき仮想通貨おすすめ

    ...

    58 minutes ago
  • 新しい仮想通貨のプレセールが250万ドル目前、投資家が急増中

    ...

    1 hour ago

Newsletter

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.