Bitcoin Bull Run Under Attack: Expert Says Wall Street Is To Blame
In a new episode of Coin Stories with host Nathalie Brunell, investor and podcaster Preston Pysh offered a structurally grounded answer to a question many Bitcoin holders have been asking all summer: if corporate treasuries keep announcing big buys, why does price keep chopping and fading? Pysh’s diagnosis is not about a sudden loss of…
Bitcoin Price Slips Below $110K, Is a Bigger Drop Coming?
Bitcoin price is gaining bearish momentum below $112,500. BTC is struggling to recover and might continue to move down toward the $105,500 level. Bitcoin started a fresh decline below the $112,000 zone. The price is trading below $112,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
Bitcoin 30-Day Active Supply Signals Slow Activity—Could BTC Be Preparing For A Big Move?
The Bitcoin price has struggled to retain any serious momentum over the past few weeks despite running to a new all-time high in that period. Over the past week, the flagship cryptocurrency fell below the $112,000 mark before experiencing some resurgence on the back of the US Federal Reserve (Fed) chairman Jerome Powell’s speech. However,…
Bitcoin Price Declines Further, Can Buyers Prevent Another Sharp Drop?
Bitcoin price is attempting to recover from $110,650. BTC is back above $112,200 but faces many hurdles on the way up to $115,000. Bitcoin started a recovery wave above the $112,000 zone. The price is trading below $114,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
BlackRock Triggers Bitcoin Sell-Offs With Half A Billion Dollars Dumped
The world’s largest asset manager, BlackRock, has notably been on a Bitcoin selling spree throughout this week, triggering a wave of sell-offs in the process. These sales have occurred due to the outflows that the asset manager has witnessed from its BTC ETF. BlackRock Dumps Around $500 Million In Bitcoin Arkham data shows that BlackRock…
Bitcoin Price In A Trend Shift? Here’s Why $118K Might Be Vital For A Bullish Return
The price of Bitcoin has struggled to make any real headway since reaching the former all-time high around $123,800 in mid-July. While the premier cryptocurrency set a new record-high price at around $124,120, it never really looked certain to go on a fresh bullish run. Over the past week, the market leader succumbed to severe…
Why August Could Be Remembered As A Major Trap For Bitcoin And Crypto Market
Bitcoin (BTC) recently surged to a new all-time high, surpassing $124,000, only to experience a subsequent drop of 9%. This volatility has sparked widespread speculation about the current state of the bull market, the potential for an ongoing “alt season,” and whether Bitcoin has reached its peak. In light of the current price action, market…
Bitcoin Price Stays in Red, Can Bulls Regain Lost Ground Soon?
Bitcoin price is attempting to recover from $112,000. BTC is back above $113,200 but faces many hurdles on the way up to $118,000. Bitcoin started a recovery wave above the $112,500 zone. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
Is The Bitcoin Treasury Bubble Popping? Expert Answers
In a thread on August 19, analyst Miles Deutscher argued that MicroStrategy’s market-implied net asset value (mNAV) premium—the core gear in Michael Saylor’s Bitcoin acquisition flywheel—has compressed sharply, weakening the feedback loop that helped the company outpace Bitcoin through most of the cycle. “Michael Saylor built the craziest BTC flywheel in history. But his buying…
Bitcoin Price Faces Heavy Obstacles on Its Recovery Journey
Bitcoin price is attempting to recover from $112,500. BTC is back above $114,000 but faces many hurdles on the way up to $120,000. Bitcoin started a recovery wave above the $113,500 zone. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…