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

Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape

Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape

Bitcoin continues to consolidate just below its all-time high of $112K, holding firmly above key support at $105K despite repeated...

Sebastian Villafuerte 2 hours ago
Bitcoin vs Ethereum

Bitcoin Moving With Stocks, But Ethereum’s Correlation Is Fading

Bitcoin has been showing notable correlation to the stock equities recently, but data shows Ethereum is charting a more independent...

Keshav Verma 4 hours ago
Bitcoin

Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

On Wednesday afternoon, Bitcoin (BTC) surged to a remarkable all-time high (ATH) of $112,022, breaking free from its previous consolidation...

Ronaldo Marquez 5 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

XRP Price Pulls Back From Highs

XRP Price Flashes Strength — Bulls Looking for Continuation

Aayush Jindal 25 minutes ago
Ethereum Bulls Roar

Ethereum Bulls Roar — $3K Beckons After 5% Spike

Aayush Jindal 1 hour ago
Bitcoin Price Attempts a Comeback

Bitcoin Breakout Alert — Price Turns Green as Bulls Step In

Aayush Jindal 2 hours ago

Premium Sponsors

Press Releases

  • Ripple XRP Investors Making $10,9700 Per Day with This...

    3 hours ago
  • 仮想通貨プレセール|次世代ビットコイン拡張プロジェクトが200万ドル目前、投資家が続々と参加中

    ...

    13 hours ago
  • 仮想通貨おすすめ|ビットコインが過去最高値に迫る中、ETFが70万トークンを保有

    ...

    14 hours ago
  • 新しい仮想通貨が160万ドルを調達──過剰な宣伝を避ける注目のミーム系ボット登場

    ...

    14 hours ago
  • 仮想通貨おすすめ|ビットコインが10万8,000ドル突破、2025年7月に注目の17銘柄

    ...

    14 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.