Bitcoin News
By Pankaj K
1 / 11
Bitcoin's recent price movement has raised fresh concerns among analysts, as technical indicators begin to show signs of weakening momentum.
2 / 11
One of the most notable warnings came from John Bollinger, the creator of the Bollinger Bands indicator, who highlighted a formation known as the “Three Pushes to a High” pattern.
3 / 11
The “Three Pushes to a High” pattern, as observed by Bollinger, reflects three distinct surges in price that progressively lose strength.
4 / 11
Bollinger’s own indicator, the Bollinger Bands, also reinforces this cautionary outlook. Bitcoin has been touching or slightly exceeding the upper band multiple times in recent…
5 / 11
Other indicators are aligning with Bollinger’s assessment. The Relative Strength Index (RSI), which measures whether an asset is overbought or oversold, recently surged past the…
6 / 11
Bitcoin's momentum indicator, which often trends in sync with price movement, has also begun to show divergence.
7 / 11
Supporting the idea that Bitcoin’s rally is nearing a top, data shows a steep drop in inflows from large holders—typically institutions or high-net-worth individuals.
8 / 11
This sharp drop in activity from major players could be an early sign that institutional investors are pulling back, possibly to lock in profits or wait for a more attractive…
9 / 11
Amid the signs of weakening momentum in Bitcoin, some analysts are turning their attention to altcoins.
10 / 11
Crypto Beast argued that a potential drop in Bitcoin dominance could fuel a renewed rally in altcoins, many of which have yet to catch up to Bitcoin’s dramatic gains.
11 / 11
Although Bitcoin has remained relatively stable near the $105,000 mark, several indicators are flashing caution.
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