Bitcoin poised to reclaim $90,000, according to derivatives metrics

The bitcoin is currently showing signs of recovery after a period of high volatility. Despite a 30% decline since its historic peak in January, the crypto queen seems to be recovering a certain balance. Several key elements emerge, suggesting a return of the BTC to $90,000 in the next few days. The Bitcoin article: Towards a return to $90,000? Here's what the signals say first appeared on Cointribune.

Bitcoin Price Surge: Rising Whale Holdings & $90K Short Squeeze

Key Highlights: Whales Add 60K BTC Bitcoin whale holdings reach 3.485 million BTC $4B shorts at risk BTC at $90K could trigger mass liquidations Govs stack Bitcoin US and China lead with massive BTC reserves At press time, Bitcoin (BTC) price was $84,351. On the other hand, the token saw a 0.23% increase from the previous trading session. Today’s trading range peaked at $84,690 and fell as low as $83,612. This further demonstrated market stabil…

Bitcoin’s Next Move: $90K Rally Or $80K Collapse?

Bitcoin stood at $84,222 with a market cap of $1.67T fluctuating between $82K and $84K in volatility BTC recovered from a $77K low but needs a clear breakout to confirm the trend direction. Analyst Ali Martinez expects a $90K level if BTC maintains its break above $84K. Bitcoin is showing signs of reversing the local trend as higher highs and higher lows are being set. For the bulls, the monthly open level is still important as a return to it …

Bitcoin poised to reclaim $90,000, according to derivatives metrics – DG Verifications & Stats

Bitcoin derivatives show no stress, supporting resilience despite $920M in long liquidations to put BTC price on track toward the $90,000 level in the coming weeks. Market Analysis Bitcoin (BTC) failed to sustain levels above $85,000 on March 14, despite a 1.9% gain in the S&P 500 index. More importantly, it has been over a week since Bitcoin last traded at $90,000, prompting traders to question whether the bull market is truly over and how long…

Bitcoin’s RSI Shows Potential for 30% Price Rally

Bitcoin's RSI reveals a possible bullish reversal of about $75,000. Following the bullish divergence, the price of Bitcoin may advance by 30%.  The resistance level for breakout is higher than approximately $100,000.  Bitcoin's Relative Strength Index (RSI) has been showing signs of a potential bullish divergence, indicating that the coin might be gearing to a sudden upward motion. The RSI currently stands at 44.74, relatively low, which means t…

Bitcoin Halving Trends Indicate 150% Max Gains For Current Cycle - Details

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the usual style of the high market uncertainty and volatility associated with the current bull cycle, the price of Bitcoin (BTC) fell to around $77,000 in the past week before rising by over 10% to successfully reclaim the $85,000 price zone. Despite this price recovery, the heavy market corrections in recent weeks…