Bitcoin steadied near $67,910 on a 15 minute BTCUSD chart shared by More Crypto Online, after a sharp drop that flipped a key level from support into resistance. The analyst wrote on X that the rebound “so far” counts as a three wave move higher, which often signals a corrective bounce rather than a clean
Bitcoin-buying firms were viewed as an emerging source of demand last year, but they are struggling to keep up with market leader Strategy as the digital asset’s price slides. Last month, the Tysons Corner, Virginia-based firm accounted for 93% of Bitcoin purchased among publicly traded firms, according to a report from Bitcoin Treasuries. Strategy acquired
The Royal Government of Bhutan transferred 100 Bitcoin worth $6.77 million to QCP Capital’s WBTC merchant deposit address (bc1qt) on Thursday. Although the motive of the transaction remains unknown, it suggests that the government is taking actionable steps to sell some of its Bitcoin holdings. On Thursday, the Royal Government of Bhutan transferred 100 Bitcoins,
Bitcoin can bottom soon because a 2026 recession, or a stock market crash, keeps looking like the outlier scenario My core idea around the Bitcoin market has remained the same since last September, before we hit the all-time high in October. I laid it out clearly in my medium-term $49,000 Bitcoin bear thesis published on
Experts reporting from Bitcoin Investor Week in New York argue that despite price fluctuations in the market, institutional interest is higher than ever and the appetite for “buying the dip” is surging. Prominent figures in the cryptocurrency world, Scott Melker (The Wolf Of All Streets), Andrew Parish, Tillman Holloway, and Bill Barhydt, unveiled the behind-the-scenes
The sharp drop in Bitcoin has deeply affected El Salvador, which gained global attention by declaring BTC as its official currency. President Nayib Bukele’s high-risk crypto strategy has caused volatility in the country’s debt markets and heightened investor concerns. Bukele made history as the first leader to make Bitcoin a legal tender alongside the US
New York — Bitcoin BTC$65,503.53 isn’t just a hedge against inflation, according to $ARK Invest CEO Cathie Wood, but against something more disruptive: deflation driven by technological acceleration. In a conversation with Anthony Pompliano at Bitcoin Investor Week in New York, Wood argued that traditional financial systems are unprepared for a coming “productivity shock” powered
While still in the capitulation zone, history shows that Bitcoin is approaching levels at which it reaches its price bottom and begins to recover. This would come as a relief to diamond-handed users who have held through the several months of price correction. Notably, $BTC has been in a 4-month downtrend, and all indications point
Bitcoin price is approaching a critical $65,000 support zone where Fibonacci and channel confluence suggest a potential local bottom may form before a strong relief rally unfolds. Summary Rising channel support and 0.618 Fibonacci converge near the $64,400–$65,000 zone Local downtrend likely persists until stronger support is tested Bullish volume at support could spark a
Bitcoin ($BTC) reached its all-time high of $126,000 at the beginning of October. This was followed by one of the biggest cryptocurrency crashes in history, the October 10th drop. Following this crash, Bitcoin entered a downtrend, and last week it tested the $60,000 level. At this point, while predictions that $60,000 could be the bottom