Bitcoin ($BTC) is up roughly 13% in April, and online prediction markets suggest that traders are counting on relatively stable prices as we head into May. Specifically, as of the time of writing, Kalshi pricing suggests a 64% probability that the flagship crypto will hold above $76,000 by 5 p.m. (EDT) tomorrow. Contracts tied to
Crypto analyst Kaz has called the local Bitcoin top, stating that the leading crypto has little room to the upside. The analyst also explained why $BTC is now likely to drop below the psychological $60,000 level, which would mark a new low for the crypto asset. Bitcoin Top About To Form As Price Eyes Drop
Morgan Stanley Bitcoin Trust (MSBT) has outshined BlackRock’s iShares Bitcoin Trust (IBIT) since the beginning of this week until April 30. Morgan Stanley’s MSBT has attracted a total of $10.81 million during this period, according to data from SoSoValue. On Monday and Tuesday, MSBT posted zero total cash flow, thus holding Bitcoin ($BTC) worth approximately
Bitcoin continues to surprise investors with its long term strength and resilience. New insights from Delphi Digital highlight a pattern many overlook. The data shows that holding Bitcoin for five years significantly reduces risk while unlocking strong gains. This changes how investors should approach crypto. Many traders chase short term price swings and quick profits.
The Bitcoin derivatives market is flashing a rare signal. For 47 consecutive days through April 26, perpetual futures funding rates have stayed negative. Remarkably, this is the longest bearish streak since the fallout from the FTX collapse. At the same time, open interest has continued to rise. This combination suggests that traders are not just
Bitcoin’s April rebound is now facing a two-front macro test. The official Treasury curve for Apr. 29 placed the 10-year yield at 4.42%, the 30-year at 4.98%, and the 5-year at 4.05%. Today, market charts show the same pressure zone, with the 10-year near 4.40%, the 30-year near 5%, the 5-year near 4.04%, and WTI
Bitcoin is testing short-term resistance near $77,279 while traders also watch the monthly close above $74,434. A breakout could support another move toward $80,000, but a weak close would keep pressure on the downside. Bitcoin Tests Micro Resistance as $BTC Watches $77,279 Breakout Level Bitcoin is trading near $76,513 on the 30-minute chart after bouncing
Bitcoin price started a fresh decline below the $76,500 zone. $BTC is consolidating and might struggle to stay above the $75,000 support. Bitcoin failed to stay above $76,500 and extended losses. The price is trading below $76,200 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200
The Bitcoin price is currently sitting on a key support trendline that could determine its next major move. According to a crypto analyst, a breakout from this level could lead to two possible scenarios. On the bullish side, the cryptocurrency could extend its recent price recovery and push higher. However, in a bearish scenario, the
U.S. spot Bitcoin ETFs have now recorded their third straight day of outflows, with total withdrawals crossing $490 million. Following this selling pressure, Bitcoin price dropped 3% after the Federal Reserve kept interest rates unchanged, and is now trading at $75,621. This shows that short-term institutional confidence in Bitcoin is weakening as several market pressures