As traders return to their desks following an extended weekend in the U.S., there are two market dynamics worth noting that could influence the price of bitcoin $BTC$64,156.16 and other major cryptocurrencies, which are buoyant today on the back of U.S.-Iran deal hopes. The first relates to bitcoin spot exchange-traded funds (ETFs) listed in the
Amid expectations of a more hawkish Fed after the last meeting and growing concerns about Strategy’s $BTC sale, Bitcoin is currently stuck in a narrow range. While these factors negatively impact $BTC’s rise, there is also the risk of a bearish flag formation. According to one analyst, $BTC is forming a bearish flag pattern and
Bitcoin price traded near $64,000 on Monday, even as Asian equities and technology shares rose after fresh progress in U.S.-Iran talks. According to crypto.news data, Bitcoin traded at $64,188 at press time, with a 24-hour range between $63,232 and $64,543. The move left Bitcoin down about 2% on the week and still below the levels
Bitcoin peaked at over $126,000 last October, which now appears to be a lifetime ago since it trades below $65,000, representing a near 50% decline. Although this sounds pretty painful, and it is, especially for those who entered at $120,000+, the reality might be more positive. Here’s why. Is $BTC Doing Better? While most analysts
Financial commentator and gold advocate Peter Schiff has slammed real estate mogul Grant Cardone’s new effort to integrate Bitcoin into real estate investments. Schiff has stated that “combining real estate with Bitcoin solves nothing,” rejecting yet another use case for BTC. Real estate and Bitcoin? Grant Cardone, founder of Cardone Capital, recently introduced an investment
After Bitcoin’s decisive breakdown from a multi-month rising channel, the largest crypto is still under immense pressure. While buyers managed to defend the $60K support region and trigger a short-term rebound, the broader structure still favors the sellers unless $BTC can reclaim several important resistance levels overhead. Bitcoin Price Analysis: The Daily Chart On the
Bitcoin’s recovery has given bulls something to work with again, but traders are still treating the move as a level-by-level test rather than a clean return to euphoria. View original TradingView chart TL;DR TradingView analyst kiv1n mapped a BTCUSDT long setup using liquidation levels, with an optimized target near $67,450. That Martini Guy said Bitcoin
A hawkish Fed. Rising bond yields. Concerns about Strategy (MSTR). Bitcoin $BTC$64,085.65 already has plenty working against it. Now an ominous chart pattern is adding to the uncertainty. The pattern is called a bear flag, and a breakdown could send the price of the largest cryptocurrency to as low as $54,000 initially, according to pseudonymous
The sharp pullback in the cryptocurrency market in recent weeks has put significant pressure on short-term Bitcoin investors in particular. According to data shared by CryptoQuant analyst Darkfost, short-term investors have transferred over 80,000 $BTC to Binance in the last seven days. At current prices, this represents approximately $5 billion in potential selling pressure. According
For years, users looking to speed up their transactions on the Bitcoin blockchain relied on a handy optional feature that essentially says, “I might want to replace this transaction with a higher fee.” But what started as a helpful tool has become redundant and a small privacy issue, prompting some developers to discuss possible ways