• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Factors Supporting Bitcoin Above $90,000

user avatar

by Giorgi Kostiuk

3 months ago

Bitcoin's price reached a new low of $91,055, yet several factors may provide support.

Fear and Greed Index Drops

The Fear and Greed Index fell to 50, marking its lowest point in three months. Historically, a drop to 'neutral' or fear levels has preceded price reversals.

Bitcoin Metrics Indicate 'Market Peak' Absent

Analysis shows Bitcoin hasn't reached its typical bull market peaks. None of the signals suggest a peak, and current price dips are seen as a growth opportunity.

These price dips remain an 'opportunity' before the expected rally.Mikybull, crypto analyst

Bitcoin Whale Purchases

Large investors have accumulated over 34,000 Bitcoin since December, indicating strong institutional interest despite the price drop.

Selling coins at this juncture might prove to be a very unwise decision.MAC.D, CryptoQuant analyst

While short-term volatility affects the market, long-term factors suggest a potential reversal in Bitcoin's price.

0

Share

Other news

AI Agents from Unstaked: Revolutionizing Crypto Usage

Unstaked introduces AI agents that promise automation and real results for users in the crypto world.

user avatarGiorgi Kostiuk

2 minutes ago

Michael Saylor: BlackRock IBIT Could Become the Largest ETF in the World

Michael Saylor predicts BlackRock's Bitcoin ETF will rank first among ETFs within ten years.

user avatarGiorgi Kostiuk

19 minutes ago

DeFi Development Corp Plans to Raise $1 Billion for Solana Token Purchases

DeFi Development Corp files with SEC to raise $1 billion targeting an increase in its Solana token holdings.

user avatarGiorgi Kostiuk

19 minutes ago

Raphael Coin Unveils Tokenized Renaissance Piece: A New Era for Art

Raphael Coin has launched the token 'Recto: Study for the Battle of the Milvian Bridge', offering fractional ownership of a Renaissance artwork.

user avatarGiorgi Kostiuk

19 minutes ago

MAGACOINFINANCE: New Opportunities and Growth Predictions

Analysis of the growing interest in MAGACOINFINANCE and the opportunities it offers against other cryptocurrencies.

user avatarGiorgi Kostiuk

21 minutes ago

Altcoin Market Overview: Shiba Inu, Hedera, and Emerging Player Web3 ai

Examining the current state of Shiba Inu and Hedera altcoins, along with the prospects of Web3 ai amidst market changes.

user avatarGiorgi Kostiuk

an hour ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.