Bloomberg Intelligence macro strategist Mike McGlone said Monday that collapsing crypto prices may signal broader financial stress, warning bitcoin could revert toward $10,000 and potentially foreshadow the next U.S. recession. In a post on X, McGlone also said the long-standing “buy the dip” mentality that has supported risk assets since 2008 could be breaking down
Last November, Harvard University’s latest 13F filing with the SEC caused a major stir in the institutional investment world. According to the filing, the university increased its holdings of BlackRock’s spot Bitcoin ETF, IBIT, as of September 30. However, since the sharp declines in October, the university has reduced its Bitcoin holdings in the fourth
Bitcoin wavers below key support as liquidations rise and CVDD highlights deeper downside risk. Summary Bitcoin slips under a key support zone amid rising liquidations and macro stress. CVDD on-chain metric highlights a historically important structural support area. Multiple lower support levels could attract accumulation if downside continues. Bitcoin’s (BTC) price has entered a period
An advanced artificial intelligence (AI) model estimates that Bitcoin ($BTC) will remain relatively stable in the near-term, but also that late February will bring a modest upside following the latest developments. Specifically, after several weeks of exceptionally high volatility and downward pressure that wiped some $450 billion from the cryptocurrency’s market capitalization, Bitcoin has stabilized
Bitcoin faces quantum computing scrutiny and heavy leveraged short positioning, with SOPR stabilization, ETF inflows and CME gap levels shaping whether a 10% move triggers a cascade of liquidations. Summary Quantum computing risks are drawing institutional attention, raising governance and upgrade questions as ETF-driven ownership concentrates capital. CoinGlass maps show clustered short liquidations near 10%
Bitcoin price is hovering around $68,500 as traders watch for potential volatility around Chinese New Year, a period that has historically coincided with short-term shifts in crypto liquidity. Summary Bitcoin is trading around $68,500 ahead of Chinese New Year, a period that has historically seen mixed crypto performance, with some years showing pre-holiday weakness. Coinbase
Bitcoin price has confirmed a bullish divergence on the daily chart as liquidation levels shot up on Monday. Summary Bitcoin’s Relative Strength Index has formed a bullish divergence. Several key economic data points, including FOMC minutes from January, could decide Bitcoin’s trajectory this week. Over $75 million of positions were liquidated from Bitcoin’s futures market.
Bitcoin ($BTC) fell from its all-time high of $126,000 in October to around $87,000 by the end of the year, and from approximately $87,000 at the beginning of the year to around $68,000. At this point, Bitcoin has fallen by 22% since the beginning of the year, and it is predicted that this quarter could
EMJ Capital CEO Eric Jackson has issued one of the most ambitious long-term forecasts yet for Bitcoin. He suggests that the cryptocurrency could reach $50 million per coin by 2041 and evolve into a foundational pillar of the global financial system. In an interview with financial journalist Phil Rosen, Jackson said Bitcoin’s future role may
Onchain analyst and early Bitcoin adopter Willy Woo is warning that increasing attention to quantum computing risk is starting to weigh on Bitcoin’s long-term valuation case against gold. Woo argued in a Monday X post that markets had begun to price in the risk of a future “Q‑Day” breakthrough — shorthand for the moment when