This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The key story Tuesday morning centers around BTC/USD — representing bitcoin’s dollar-denominated price — and the Binance-listed dogecoin-bitcoin (DOGE/BTC) pair, both racing to secure bullish inverse head and shoulders breakouts on their hourly charts. A confirmed breakout in bitcoin could set
Cryptocurrency analysis platform Greeks.live has shared a cautious assessment of Bitcoin’s short-term outlook. Many investors believe Bitcoin could break the $110,000 support level again, a scenario that could also lead to additional weakness in Ethereum (ETH), according to a briefing prepared for the Chinese community by Adam, the firm’s macroeconomics researcher. The market outlook is
Metaplanet and Convano, two companies leading Japan’s Bitcoin treasury strategies, announced additional purchases on Monday. Metaplanet executed ten acquisitions over the past ten weeks, totaling 7,791 BTC. The activity highlights how Japanese corporations diversify balance sheets to guard against yen weakness and persistent monetary policy uncertainty. Metaplanet: Ten Purchases in Ten Weeks Metaplanet Inc., a
Bitcoin price is struggling to recover above $112,500. BTC is now consolidating and might decline if there is a move below the $110,800 level. Bitcoin started a recovery wave above the $110,800 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support
Bitcoin price is currently at a critical juncture, sitting right on top of the Bull Market Support Band. Throughout past bull cycles, this band has historically served as a crucial support level, with price retesting it during corrections and bouncing off it to continue its upward trend. Why This Level Matters For Bitcoin Uptrend In
Wall Street giant Cantor Fitzgerald debuted a new fund Monday that aims to give investors exposure to Bitcoin’s gains and downside protection with gold. The fund, the Cantor Fitzgerald Gold Protected Bitcoin Fund, which was announced in May at the Bitcoin 2025 conference in Las Vegas, Nevada, aims to address the concerns of investors scared
Bitcoin made small gains on Monday morning, but stocks took center stage as the Nasdaq put up another record high during intraday trading. Record Stocks Paired With Rising Bitcoin on Monday The Nasdaq Composite posted a fresh all-time high of 21,885.62 during intraday trading on Monday, marking another strong performance for tech stocks this year.
Bitcoin’s long-term holders have reached a new milestone. According to data from Glassnode, illiquid Bitcoin supply hit a new record of 14.3 million BTC coins. In the last 30 days, 20k BTC were added to the millions of unmoved coins. This indicates strong accumulation from institutional and retail investors. Instead of selling after the BTC
Bitcoin is trading around $112K after showing signs of recovery from recent dips. The charts highlight a potential shift in structure, but on-chain activity reveals a concerning slowdown in network usage, which could weigh on the sustainability of bullish momentum. By Shayan The Daily Chart On the daily chart, BTC is retesting the $112K level