Legendary trader Peter Brandt has identified an unusual Bitcoin (BTC) price setup on the market. In a post on X, Brandt showed a chart depicting a bullish bottom formation with a flat base and minor pullbacks. Bitcoin’s weak volume and ETF outflows temper optimism Notably, the chart formation often precedes strong upward breakouts. This is
Key Takeaways BlackRock transferred $276M in Bitcoin and $83M in Ethereum to Coinbase Prime. The transfers come as early-2026 ETF flows have shifted rapidly from strong inflows to sharp outflows. BlackRock, the global investment management firm, moved about 3,064 Bitcoin, valued at roughly $276 million, along with 26,723 Ethereum worth more than $83 million, to
Bitcoin (BTC) experienced a brief but sharp flash crash on Thursday, dipping to establish an intra-day low of $89,641 before rebounding above $90,000. The move highlights continued volatility in the cryptocurrency market, with millions of long positions caught off guard and subsequently wiped out. Bitcoin Price Briefly Drops Below $90,000, Liquidates $128 Million in Longs
Venture capitalist Tim Draper has now extended his oft-repeated $250,000 Bitcoin price target to the current year. In a recent post on X (formerly Twitter), the world-famous investor has forecasted that 2026 will be the year his elusive target is “finally reached.” The billionaire has called for a “bonanza year,” during which cryptocurrency will finally
Bitcoin’s recent price rebound proved short-lived, as the crypto king quickly retraced to early January levels after a brief rally. The abrupt reversal has reignited concerns about market fragility. The failure to sustain higher levels reflects lingering uncertainty of whether the bounce marked a true transition out of the prior bearish phase or merely a
Bitcoin will hardly become an alternative to gold in the near future, largely as a result of its monopolized market, according to a former deputy head of the Bank of Russia. The financial expert believes, however, that the cryptocurrency is going to appreciate against major fiat currencies such as the U.S. dollar due to its
Bitcoin’s short-term outlook remains constructive, although recent price action shows signs of cooling momentum. After pushing toward the $94,000 to $95,000 zone, BTC has shifted into a pullback phase. Market data suggests this move reflects consolidation rather than trend exhaustion. Traders appear to be reassessing risk following repeated rejections near local highs. Hence, the focus
US investment bank Morgan Stanley may be positioning itself so that even if its newly announced spot Bitcoin exchange-traded fund (ETF) underperforms, it will still deliver strategic benefits across the firm, according to ProCap chief investment officer Jeff Park. “Morgan Stanley is making the bet that even if their ETF doesn’t scale to blockbuster success,
Bitcoin hovered just below the $91,000 level today, paring recent gains after an explosive start to the new year that briefly pushed prices toward fresh seven-day highs. The bitcoin price was trading around $90,815, down roughly 1% over the past 24 hours, according to market data. Daily trading volume stood near $52 billion, while bitcoin’s