Here’s Why The Bitcoin And Ethereum Prices Are Pumping Again
The Bitcoin and Ethereum prices have rebounded from last week’s lows, providing optimism that the bottom may be in. This comes amid accumulation from whales while the crypto ETFs have seen notable inflows following last week’s outflows. Why The Bitcoin And Ethereum Prices Are Climbing Again The Bitcoin and Ethereum prices have pumped from their…
Bitcoin Miners Exit As Difficulty Suffers Largest Drop Since 2021
Bitcoin’s mining landscape is showing clear signs of stress as network difficulty records its largest downward adjustment since 2021. The sharp drop reflects a wave of miners shutting off machines or exiting entirely, squeezed by declining profitability, higher operating costs, and prolonged price pressure. As inefficient miners step aside and difficulty adjusts lower, the stage…
Bitcoin Price Fails To Stabilize, Is Another Drop Imminent?
Bitcoin price started a recovery wave above $68,500. BTC is now struggling to clear $72,000 and might start another decline in the near term. Bitcoin is attempting to recover but is facing many hurdles near $72,000. The price is trading below $70,000 and the 100 hourly simple moving average. There is a short-term bearish trend…
Bitcoin Price Hovers Around $70K As Volatility Goes Quiet
Bitcoin price started a recovery wave above $68,000. BTC is now consolidating gains above $70,000 and faces hurdles near the $72,200 zone. Bitcoin is attempting to recover but is facing many hurdles near $72,000. The price is trading above $70,000 and the 100 hourly simple moving average. There is a rising channel forming with support…
Bitcoin Sharpe Ratio Sinks To Historical Lows — Accumulation Next?
Since reaching its current all-time-high price of $126,000 in October last year, the Bitcoin market has been on a sell-off, translating into surmounting bear pressure. As a result, the flagship cryptocurrency has maintained a steady decline, falling until it recently reached $60,000 — a deviation of more than 52% from its all-time high. Bitcoin currently…
Bitcoin Price Cools Above $70K, Breakout Battle Near $72K Looms
Bitcoin price started a recovery wave from $60,000. BTC is now consolidating gains above $70,000 and faces hurdles near the $72,000 zone. Bitcoin is attempting to recover but is struggling to clear hurdles. The price is trading above $70,000 and the 100 hourly simple moving average. There was a break above a bearish trend line…
Bitcoin Crash Linked To BlackRock IBIT Hedging, Arthur Hayes Claims
Arthur Hayes, co‑founder of BitMEX, has pointed to hedging tied to BlackRock’s iShares Bitcoin Trust (IBIT) as a major driver behind the recent Bitcoin sell‑off. According to Hayes, dealer hedging related to IBIT and similar structured products can force large, mechanical selling when markets move against those positions. Reports note that such moves can amplify…
Forget A Bitcoin Yearly Top, BTC Price Might Have Hit A 16-Year Cyclical Peak
Crypto expert Tony Severino has opined that Bitcoin isn’t just showing signs of a yearly top but also that the BTC price may have hit a 16-year cyclical peak. This comes amid the flagship crypto’s recent crash to $60,000, which sparked fears of a bear market. Bitcoin May Be Showing Signs Of A Peak Amid…
Bitcoin Drifts Into A Deep Conviction Zone, Smart Money Stays Patient
Bitcoin is navigating one of its deepest conviction zones yet, a phase that tests nerves more than it screams opportunity. While prices drift and fear dominates the market, smart money quietly accumulates, laying the groundwork for the next potential trend shift. Testing Conviction: Bitcoin In One Of Its Deepest Bear Market Zones Over the past…
Bitcoin Sell-Off May Be Done, Analyst Flags Recovery Signs
According to Matt Hougan, chief investment officer at Bitwise Asset Management, much of the crypto complex already went through a down cycle last year even though headline coins looked steadier. He points to heavy buying from ETFs and companies that kept Bitcoin, Ether, and XRP from showing the full brunt of those losses. Some tokens,…