Analysts suggest the crypto bear market is approaching its end, with $60K seen as a crucial support level for bitcoin.
Cryptocurrency markets might be close to hitting the low point of their current slump, but analysts at Compass Point suggest that a larger risk-off event is necessary for Bitcoin to climb again. In a report released Monday, analysts Ed Engel and Michael Donovan indicated that while immediate risks seem to tilt downward, the crypto bear […]
Investments in Bitcoin and Ethereum ETFs Turn Negative for 2026 as Crypto Funds Lose $1.7 Billion
Simply put Digital asset funds experienced outflows of $1.7 billion last week, marking a negative trend in outflows for the year. Most of the redemptions came from American products, with only a small fraction going into Europe. This outflow trend coincides with a broader market downturn. Last week, investment products linked to digital assets saw […]
Tom Lee discusses why everything is set for Bitcoin to hit its lowest point now.
Bitcoin Market Analysis and Future Outlook Cryptocurrency markets have faced a rough start to 2026, sparking questions among investors about whether the excitement surrounding digital currencies has come to an end. After a phase of rapid growth in AI stocks and a noticeable uptick in precious metals, Bitcoin now finds itself in a tough spot, […]
Saylor suggests buying after Bitcoin briefly falls below its cost basis
Bitcoin Holdings Update from Strategy Co-Founder Michael Saylor, the co-founder of Strategy, hinted at the company’s decision to increase its Bitcoin holdings after the cryptocurrency experienced a drop of over 13% during the weekend. This decline momentarily brought the company’s significant BTC position into negative territory. On Sunday, Saylor messaged Mr. X, mentioning “More oranges,” […]
Bitcoin Price Fails to Reach $80K, Eyes Set on $70K
Bitcoin Price Decline Bitcoin has seen a significant drop, now trading below $80,000. It’s down more than 10% and might soon test the $70,000 support level. Attempts to break past $82,500 were unsuccessful, sparking further losses. The price is currently below the 100-hour simple moving average, situated at $80,000. The hourly BTC/USD chart indicates a […]
CZ from Binance: The Decline in Metals Shows That Any Asset Can Experience Fluctuations, Bitcoin Is ‘Still in Its Early Stages’
Binance Founder Weighs in on Recent Gold and Silver Price Drop Recently, gold and silver prices took a significant hit, prompting insights from Binance founder Zhao Changpeng regarding the future of Bitcoin. The drop was quite steep: gold fell around 15%, while silver plunged nearly 38%, leading to a staggering loss of about $15 trillion […]
Bitcoin Hits Important Support Level, Analyst Indicates Further Declines Are Possible
Bitcoin Price Trend Turns Bearish Bitcoin has slipped into bearish territory, falling below key historical lows that had sustained its rally for a number of months. As of now, the cryptocurrency is trading at $78,560, having dropped to $77,082 within the last 24 hours. This shift indicates a significant change in its technical structure, according […]
Data from Bitcoin miners shows the extent of disruptions caused by the winter storm in the US.
Impact of January Storm on Bitcoin Mining Operations Recent data sheds light on the effects of the winter storm that hit the U.S. back in January, particularly how it impacted Bitcoin mining. Publicly traded miners saw a significant decline in daily production during this period. The storm affected a large portion of the continental United […]
Bitcoin price predictions drop below $50K as BTC mirrors past bear markets
Bitcoin Struggles Ahead of Weekly Close Bitcoin’s price has barely managed to stay above $50,000 as it approaches the weekly close on Sunday, struggling to recover from a significant low not seen in ten months. Key Points Bitcoin’s price outlook continues to be bearish, with traders still reeling from the recent downturn. The CME futures […]
12-Year-Old Bitcoin Owner Sells Over $260 Million in BTC, What Does This Indicate?
Bitcoin Market Under Pressure from Major Sell-Off Recently, Bitcoin has faced another significant sell-off by long-time holders, igniting discussions about how such large transactions might impact short-term price trends. On-chain data from look on chain reveals that early Bitcoin investors, who acquired 5,000 BTC a dozen years ago, have sold off 500 BTC, valued at […]