Morgan Stanley Exec Says $1 Million Bitcoin Is Possible: Here’s Why
Morgan Stanley’s head of digital asset strategy, Amy Oldenberg, said Bitcoin reaching $1 million is possible over time, while cautioning that a move of that scale would likely require either a long adoption cycle or a major dislocation in traditional markets. Speaking with Natalie Brunell on spot ETF, wealth management and e*Trade presence. Morgan Stanley…
Bitcoin Has Never Broken This Line Before And Price Just Touched It Again
Crypto analyst Crypto Rover has pointed to a trendline that Bitcoin has never broken below in every market cycle. The leading crypto has now touched this trendline, providing optimism that it could bounce from that level as it did in previous bear cycles. Bitcoin Touches Trendline That Has Led To Parabolic Rallies In an X…
Analyst Predicts Bitcoin Price Has Entered The Final Bear Market Phase
A crypto analyst has stated that the Bitcoin price remains firmly in a bear market, projecting more volatility and pain ahead for the world’s largest cryptocurrency. The expert also noted that BTC has entered the final phase of this bearish stage, a period where the market is expected to reach its lowest levels alongside extreme…
Crypto Volume Drops To 2-Year Low—Is A Relief Rally Next?
On-chain data shows trading volume in the crypto sector has slumped to the lowest level in two years, a sign that investors have turned their attention away from the market. Crypto Trading Volume Has Seen A Notable Decline In a new trading volume of crypto assets. The “trading volume” here refers to an indicator that…
More Pain For Bitcoin? Analyst Explains Why BTC’s Bottom May Be Months Away
As Bitcoin (BTC) hovers near its lowest levels since late 2024, a market observer suggests the flagship crypto may not have finished bottoming yet, with more downside potentially ahead. BTC’s Historical Data Points To Longer Correction On Wednesday, analyst Rekt Capital compared Bitcoin’s current price action to its performance in previous cycles to determine how…
Bitcoin Suppressed Like Gold? Luke Gromen Says It Can’t Last Forever
Luke Gromen says Bitcoin’s failure to break decisively higher may reflect more than weak spot demand, arguing that paper instruments can temporarily absorb buying pressure in the same way derivatives have shaped the gold market for years. Speaking with Nathalie Brunell in a June 6 interview, the macro analyst said he has not materially rebuilt…
Bitcoin Price Hovers Above $60K As Traders Search For Direction
Bitcoin price started a fresh decline below the $62,500 zone. BTC is showing bearish signs and might continue to move down if it dips below $61,200. Bitcoin failed to stay above $63,200 and extended losses. The price is trading below $62,500 and the 100 hourly simple moving average. There is a bearish trend line forming…
Bitcoin Whales Bought The $60K Dip As Retail Capitulated – Over 11,000 BTC Leave Exchanges
Bitcoin is struggling below $62,000 as selling pressure and fear continue to define the market environment. The uncertainty is real — but top analyst Woominkyu has published an on-chain analysis that reveals what was actually happening during the most intense phase of the decline. And the picture it paints looks considerably different from the panic…
Bitcoin Capitulation Signal Flashes As $12B Leaves The Network
Bitcoin is showing renewed signs of on-chain capitulation, according to Axel Adler Jr.’s latest Adler AM Bitcoin Morning Brief, as realized capitalization contracts and loss-taking sales dominate market activity. The setup matters because two independent measures: Realized Cap Net Position 30D Change and adjusted SOPR are now pointing to the same stress regime. In the…
Bitcoin Stablecoin Ratio Drops To Extreme Low—What It Means For BTC
On-chain data shows the RSI of the Bitcoin Stablecoin Supply Ratio (SSR) has dropped to a low of 13, a sign that the stablecoin supply is high relative to the BTC market cap. Bitcoin SSR RSI Has Sharply Gone Down Recently In a new SSR” is an on-chain indicator that measures the ratio between the…