Many forecasts about the future trend of the price of Bitcoin are still bullish, but in the short term, it is necessary to pay attention to what might happen today. In fact, the inflation data in the USA for the month of July will be released, and this could cause volatility in the financial markets.
A widely followed crypto analyst believes that Bitcoin (BTC) is gearing up for one last explosive breakout before the current cycle ends. In a new strategy session, Benjamin Cowen tells his 917,000 YouTube subscribers that the largest digital asset by market cap may surge to a cycle peak in just a few months based on
Bitcoin’s charge toward record highs has stalled, with sellers regaining control as profit-taking pressure builds despite signs of renewed market momentum. Summary Bitcoin retreated to $118,782 after nearing its $122,867 all-time high on Aug. 11. Glassnode data shows rising momentum across spot, futures, options, and on-chain activity, but also elevated profit-taking risk. Technicals point to
Did you know that one of the world’s largest sovereign wealth funds now has significant exposure to Bitcoin, even if indirectly? The Norges Bank Investment Management (NBIM), which manages Norway’s massive Government Pension Fund Global, has seen its indirect Norway wealth fund Bitcoin exposure reach an astonishing 7,161 BTC. This figure, highlighted by K33 Research
Paris-headquartered Sequans Communications S.A. (NYSE: SQNS) has announced the acquisition of an additional 13 bitcoin for approximately $1.5 million, at an average purchase price of $117,012 per bitcoin, inclusive of fees. As of August 8, 2025, the company now holds a total of 3,171 bitcoins, with a total net investment in bitcoin amounting to around
Bitcoin is moving higher on the daily timeframe after breaching all key resistances below its all-time high. A test of the channel’s upper boundary is likely before a corrective phase sets in, targeting $135,000. Summary $119K is the critical support level maintaining bullish structure. BTC is approaching high timeframe resistance beyond all-time high at $135K.
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The bitcoin BTC$117,101.92 rally has stalled, raising the possibility of a potentially bearish technical formation: a double top. A close examination of the daily chart reveals that bulls failed to sustain a rally above the key Fibonacci level of $122,056 on
Analysts believe a bitcoin rally to $127,000 is possible if the cryptocurrency closes above the $120,000 mark with strong volume, but they warn of a potential retest of the $114,000 to $116,000 range if the rally is rejected. BTC Enters ‘Wait-for-Confirmation’ Phase Bitcoin (BTC) broke past the $122,000 mark late on Aug. 10, marking the
Bitcoin (BTC) trades in a critical range ahead of the Consumer Price Index (CPI) release on Aug. 12. A recent “Bitfinex Alpha” report positioned BTC for either a breakout to new all-time highs or a retracement toward $110,000 support levels. The Aug. 12 inflation data represents a pivotal moment as market sensitivity to macroeconomic events