Category: Bitcoin

Bitcoin is approaching a critical technical level that could determine whether its recent rally marks the start of a genuine trend reversal, according to Verified Investing chief market strategist Gareth Soloway. The analyst laid out both the bullish and bearish case using chart structure and historical cycle comparisons. Why This Isn’t a Confirmed Bull Market

Bitcoin’s rebound toward its May highs has drawn leverage back into the market, making derivatives increasingly important to the recovery. As Bitcoin [$BTC] retested $82,000, Binance Open Interest (OI) jumped nearly 8% within 24 hours and briefly exceeded $10 billion. In other words, the move up was being driven by leverage versus just Spot demand.

BIP-110 Fallout Gives Birth to Bitcoin Blake2 BTCB2 is the coin that came out of the BIP-110 fiasco that happened last month. Basically, Luke Dashjr and his group of Knots-aligned developers pushed a change called BIP-110, which restricted non-monetary data (large OP_RETURNs, bulky scripts, contiguous junk data), and 97% to 98% of the SHA-256 hashrate

Bitcoin’s 1-Hour Chart Keeps Bulls and Bears Walking a Tightrope Bitcoin’s price on the 1-hour chart is basically a waiting game after a wild ride earlier in the week. Over the last hour, Bitstamp’s 24-hour tape logged bitcoin’s price between $79,750 to $80,100 around 9:30 a.m., while hourly candles since Friday’s flush have been small

Bitcoin is trading at $79,985, up 0.36% in 24 hours and around 2.5% on the week. That flat number hides a violent five days. $BTC touched $82,240 on Friday, its highest level since May, then lost more than 4% in the space of an hour. Everything now hangs on a single inflation print. $BTC/USD Chart

Bitcoin hovered near $79,900 on Sunday, Sept. 6, leaving $BTC within striking distance of a resistance area around $80,500 as traders assess whether the weekend rebound can extend. A rejection could send price back toward $78,500, while holding that support would keep a recovery toward $83,000-$84,000 in play. Bitcoin Faces a Key Test Near $80,500

Traders scanning the order books got a surprise when seven miner wallets, dormant for 16.5 years, came back to life. These wallets moved a total of 350 $BTC, valued at approximately $28 million, highlighting unusual activity in the Bitcoin ecosystem. This development, first noted by the CryptoTwitter commentator @lookonchain, may indicate shifts in trading patterns

This week bitcoin’s price reached $82,000 again, and this has caused a great deal of positive sentiment to rain down on the community after a long bear cycle. We don’t know if the bottom was in or if the bear is officially over, but we do know that a great deal of influencers, luminaries, and

Bitcoin’s current rally started when the Treasury Department announced on Aug. 19 that, beginning Sept. 9, it would at least double the maximum size of certain buyback operations for government bonds with 10 to 30 years left to maturity, raising the cap from $2 billion to $4 billion per operation. Simply put, the Treasury was

Factor LLC CEO Peter Brandt has brought back to the spotlight his iconic logarithmic chart from June 2019, indicating that the structure of Bitcoin’s fourth parabolic phase remains valid. The return of the archived forecast coincided with the cryptocurrency’s push through $80,000 and a test of strong resistance at $82,000. According to analysts, the Wall