After a sharp rally to a local high of $122,000 earlier this week, Bitcoin price has entered a consolidation phase, trading near $117,300 at the time of writing. While the broader trend remains bullish, several technical signals on the lower timeframes now point to exhaustion. Bulls must defend the $115,000–$116,000 zone to avoid a deeper
Bitcoin has retraced slightly after hitting a new all-time high near $123,000 as miners appear to be locking in profits. Bitcoin (BTC) has dropped roughly 5% from its most recent peak and is trading at about $117,538 as of press time. Although there is still some momentum overall, there are signs of short-term pressure beginning
While Bitcoin’s recent record high of over $123,000 has created great excitement in the cryptocurrency markets, Fairlead Strategies founder Katie Stockton predicts that the price could rise to $135,000 in the intermediate term. Appearing on CNBC’s “Closing Bell” program, Stockton stated that Bitcoin has emerged strongly from the consolidation process in recent weeks and that
The U.S. is on the verge of passing landmark crypto legislation, and if it succeeds, the impact could be profound, not only by unlocking growth, but by significantly reducing risk, asset manager Bitwise said in a report on Monday. The growth story is straightforward according to Bitwise. Regulatory clarity would empower major financial institutions, such
Galxe has announced a strategic partnership with 0G Labs. 0G Labs is a scalable and fully composable blockchain layer designed to unlock the next era of AI dApps. Galxe is the most widely used Web3 growth infrastructure, providing analytics, automation, and engagement solutions. Galxe is excited to announce a strategic partnership with @0G_labs We’re joining
Bitcoin has been on a tear lately, breaking into new all-time highs, and with that, an important signal known as the PI Cycle Top Indicator is showing signs that could help predict when this bull run might peak. According to analyst Rekt Capital, the PI Cycle Top uses two moving averages to signal when Bitcoin
After the CPI print on July 15, Bitcoin faced a fresh wave of inflow pressure. Prices have already corrected from the recent high of $123,203 to $117,143, a 4.9% decline. With bearish signs building and buyers stepping back, many now wonder if an 8% dip could still be on the table. Exchange Inflows Signal Mounting
Bitcoin BTC$117,767.57 hovered near $118,000 during the Asian trading hours on Wednesday, consolidating gains after June’s U.S. CPI data signaled further disinflation, pushing traders to reprice odds of a September Fed rate cut. Core CPI rose just 0.1% month-over-month for the fifth straight time, fanning bullish sentiment across crypto markets despite broader equity weakness. “The
Bitcoin’s dip on Tuesday has put the digital asset’s upward trajectory on hold, at least for now. The move came as traders sought to book profits amid mixed monetary signals and divisive language surrounding the potential replacement of Federal Reserve Chair Jerome Powell. While on-chain data suggests that profit-taking is the primary driver, sticky inflation
Bitcoin has corrected from its all-time high near $123,000, retracing into a key support zone marked by strong technical confluence. This area now holds the potential to act as a launchpad for a renewed move toward the highs, if it holds. After reaching a fresh all-time high around $123,000, Bitcoin (BTC) has entered a corrective