Bitcoin Rejected At $76,000: Bears Tighten Grip As Breakdown Risks Grow
Bitcoin has faced strong rejection around the $76,000 resistance zone, signaling that bullish momentum is beginning to fade at higher levels. With selling pressure increasing and key support levels now in focus, the market is entering a critical phase where a breakdown could start to take shape if buyers fail to regain control. Rejection At…
Bitcoin Price Alert: German State Could Take Control of Another 57,000 BTC
A proposed court deal in the movie2k case could put another 57,000 Bitcoin within reach of the German state, reviving a supply-overhang story that the market thought had largely passed after Saxony’s 2024 Bitcoin liquidation. Local news MDR reported this week that the presiding judge has outlined a possible agreement that would let Saxony keep…
Bitcoin Price Cools Off, Bulls Prepare for Next Leg Higher
Bitcoin price started a fresh surge and cleared the $74,200 zone. BTC is consolidating and might aim for more gains above the $75,500 level. Bitcoin managed to stay above $73,200 and started a fresh increase. The price is trading above $74,200 and the 100 hourly simple moving average. There is a declining channel forming with…
Bitcoin Price Breaks Higher: What The Market Data Says Could Happen Next
The Bitcoin price is bouncing back strongly amid growing hopes for a potential shift in the standoff between the US and Iran. So far, BTC has gained roughly 10% in the weekly time frame. This pushed the asset back toward the $76,000 area and briefly marked a nearly one-month high. The move appears to have…
Bitcoin Price Has Not Reached Its Real Bottom, And A ‘Big Storm’ Is Coming
While others argue that the Bitcoin price has already found its bottom and could be gearing up for a bullish reversal, one crypto analyst has rejected these claims, expecting further downside instead. According to Marmot, a crypto expert on X, Bitcoin has not yet reached its true price floor. He warns that the flagship cryptocurrency…
Bitcoin Price Smashes $74K Barrier, Rally Gains Strong Traction
Bitcoin price started a fresh surge and cleared the $73,800 zone. BTC is consolidating and might aim for more gains above the $75,000 level. Bitcoin managed to stay above $72,000 and started a fresh increase. The price is trading above $74,000 and the 100 hourly simple moving average. There is a steep bullish trend line…
Bitcoin Funding Rate Enters Deep Negative Territory — What’s Next?
The Bitcoin price has been one to watch over the past week, jumping by nearly 10% in less than seven days. According to the latest on-chain data, the bears might be in for an even longer ride as funding rates fall to critically low levels. BTC Bears At Risk Of A Short Squeeze In a…
Bitcoin Supply Shock Brewing? Whales Step Back As Long-Term Holders Absorb $49B
The current price range of Bitcoin may not relay much, but a change in ownership structure is taking place under the surface. On-chain quietly rebuilding at a scale that demands attention. Whale Inflows On Binance Fall To Multi-Month Lows The 30-day sum of whale inflows to Binance has fallen massively in recent days, falling to…
Bitcoin Price at Risk Again as Peace Talks Collapse, Downside Looms
Bitcoin price started a fresh decline from the $73,800 zone. BTC is consolidating and might struggle to stay above the $70,500 support. Bitcoin failed to stay above $72,500 and corrected gains. The price is trading below $72,000 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance at…
Bitcoin’s $73K Rally Driven By US Investors, Analyst Says
The Bitcoin price went into the weekend firing on all cylinders after the release of weaker-than-expected inflation data in the United States. Interestingly, an analyst has come forward with data and a fresh angle on the influence of the US on BTC and the general cryptocurrency market. US Institutional Players: Major Catalysts Behind BTC’s Latest…