The Bitcoin ($BTC) Rainbow Chart is suggesting that the cryptocurrency could trade between roughly $59,136 and $491,369 by May 31, 2026, depending on market sentiment and the strength of the cycle. Notably, the chart is a logarithmic Bitcoin valuation model that uses colored bands to reflect market sentiment, from undervaluation to bubble territory, based on
The world’s largest cryptocurrency Bitcoin has started May on a strong note, rising nearly 2% after breaking key resistance levels. According to crypto analyst Ali Martinez, Bitcoin is currently moving within a tight range, with liquidity data showing the market could soon make a strong move toward $84,000. $BTC Liquidity Map Shows Key Levels According
Bitcoin headed into the Federal Reserve’s rate decision this week after failing to cleanly reclaim $80,000, with the institutional bid that fueled its April recovery now visibly softening. Spot ETF flows have been volatile, the price is sitting below the on-chain levels that define whether recent buyers are profitable, and Jerome Powell’s press conference was
Bitcoin spot ETFs just recorded their largest inflow day since mid-April at $629.73M, the same session the daily chart printed a clean CRT liquidity sweep below $76,000 and recovered. The channel range high at $80,000 is the next trigger, and how $BTC closes this week will tell you whether May is a recovery month or
Adam Back, the CEO of Blockstream and a self-proclaimed Bitcoin (BTC) founder Satoshi Nakamoto, reiterated his famous prediction that Bitcoin will reach $1 million by spring 2028 in an interview. Speaking about Bitcoin price targets, Back stated that short-term predictions are difficult, but he believes Bitcoin is “mispriced” at its current levels. Reminding the interviewer
Bitcoin may not need a new story or catalyst to push back above the psychological $100,000 level, which it has not traded above in nearly five months, according to MN Trading Capital founder Michael van de Poppe. ‘“There doesn’t need to be a narrative that pushes the price upwards,” van de Poppe said in an
Shares of Strategy (NASDAQ: MSTR) surged roughly 9% on Friday as Bitcoin clawed back to the $78,000 level. This movement comes just days after Executive Chairman Michael Saylor delivered a headline-grabbing keynote at the Bitcoin 2026 conference in Las Vegas. MSTR climbed above $180 per share during Friday’s session, building on a prior close near
A crypto analyst has shared more insights into the Bitcoin ($BTC) price action using a rare Japanese chart pattern called the Renko Mari-Ashi. The chart shows that the Bitcoin price has formed a Double Bottom and could be on the verge of a major breakout. Additionally, it has highlighted the points where the Double Bottom
Benjamin Cowen, one of the most respected analysts in the cryptocurrency world, made statements in his latest analysis that are of great interest to Bitcoin investors and market followers. Cowen assessed the potential impact of macroeconomic changes on cryptocurrency markets. Benjamin Cowen began by evaluating Federal Reserve Chairman Jerome Powell’s recent performance. Noting that many
Macroeconomic strategist Lyn Alden announced that the global financial system is being crushed under a massive $39 trillion burden of sovereign debt and that the “silent collapse” has already begun. According to Alden, the current fiat currency system is in a “magic or death” dilemma, and Bitcoin is playing a critical role in this process,