Bitcoin’s market behavior continues to follow the path laid out by its historical bull runs, with the NUPL (Net Unrealized Profit/Loss) indicator suggesting that the current rally is far from over. According to Bitcoinsensus, we recall earlier bull cycles where this gauge registered several peaks and stayed in the deep-blue “euphoria” area for several months […]
Bitcoin Bull Market
Bitcoin Struggles to Surpass $100K Resistance, Breakout or Breakdown?
Bitcoin’s price failed to continue its rally above the $100,000 zone, starting a decline below $96,500. The bearish momentum gathered pace, taking BTC to below $95,800. A key trend line broke at $96,670 on February 11, 2025, signaling potential weakness in the short term for the BTC/USD pair. Bitcoinsensus highlights the uncertainty surrounding the price […]
Bitcoin’s Market Hangs in the Balance as U.S. Election Results Loom
Bitcoin observers and crypto investors are waiting for the U.S. presidential election and its repercussions in the market. In the latest video on YouTube, Crypto Rover explained that Bitcoin is at a “tipping point” and that the volatility will depend on the election outcome. While millions of Americans are voting today, the cryptocurrency market might […]