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 Giant Strategy Adds 13,927 BTC, Targets 800K Mark
Sitting on paper losses exceeding $14 billion, Michael Saylor’s Strategy didn’t slow down last week. The company spent roughly $1 billion buying more Bitcoin — its latest move in a relentless accumulation run that has now brought its total stash to 780,897 BTC. A Purchase Funded By Preferred Shares That $1 billion didn’t come from…
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 Poised For Bullish Breakout—But Only If This Key Condition Is Met
Bitcoin traded as high as $73,000 following a 9% price rally in the past week. However, the broader market suggests the leading cryptocurrency is still stuck in a bear phase that’s been dragging on for more than six months. Interestingly, historical data suggest that recent price movement could trigger a significant bullish rebound, providing investors…
Bitcoin Supply Map Reveals Key Support And Resistance Zones – Analyst
According to market analyst Darkfost, Bitcoin’s price-based supply distribution is revealing critical zones that could define the asset’s near-term trajectory. This latest piece of important on-chain data is offering a clearer picture of where the market may be headed next, following the positive price action observed in early April. 61% Of BTC Supply In Profit…
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 Surges 10% In A Week: Key Levels To Watch
The Bitcoin price surged past $73,000 in the past week, indicating an improved investor risk appetite despite the overwhelming sentiment. This recent rally has been attributed to several factors, but most notably the announcement of a temporary ceasefire in the US-Iran conflict. With the rise in the spot market, other pricing models are emerging with…
Bitcoin Reclaims $73,000 Mark But Traders Remain Unconvinced – Details
In the past week, the Bitcoin market rose by almost 10%, representing a significant rally amid recent bearish struggles. Notably, the leading cryptocurrency has now reclaimed the $73,000 price zone for the first time since mid-March, translating to a mild bullish undertone for most investors. However, traders in the derivatives market remain largely unconvinced of a…