The Bitcoin price saw a short-term rebound after slipping to recent lows, gaining nearly 5% from its late-January bottom to test the $76,980 zone. This $BTC price move followed a bullish momentum setup on the 4-hour chart, where selling pressure appeared to weaken. At first glance, the $BTC rebound looked technically justified. A familiar short-term
Bottom-fishing is sexy but brutal. But if that’s your game, this battle-tested on-chain indicator may be your North Star for spotting the bitcoin $BTC$76,020.66 bear market bottom. This metric, called $BTC supply in profit versus loss, gauges how bitcoin wallets sitting on paper profits stack up against those underwater. When the two balance out, bear
Bitcoin price dropped to new yearly lows on Tuesday, briefly falling below $73,000 for the first time since November 2024. Summary Bitcoin price briefly touched a 10-month low of $72,884 on Wednesday. Massive liquidations pushed Bitcoin below key support levels. Institutional appetite for Bitcoin has cooled off in recent months. According to data from crypto.news,
Michael Burry, who gained fame in 2008 for predicting and profiting from the high-interest mortgage crisis, has made new statements regarding Bitcoin ($BTC). Michael Burry, whose story is told in the film “The Big Short” and who is known as a major short seller in the market, has issued a warning about the future of
Bitcoin ($BTC) has fallen below $73,000 in recent days following a series of sharp declines. While these declines were occurring, Binance, the world’s largest cryptocurrency exchange, also saw large-scale Bitcoin transfers. According to data from the on-chain analytics platform CryptoQuant, between 56,000 and 59,000 $BTC were deposited into Binance on February 2-3. Analyzing this situation,
The Bitcoin Rainbow Chart, a valuation model that tracks Bitcoin’s (BTC) price along a logarithmic growth curve, points to a broad but defined range by February 28, 2026. Its projection places Bitcoin anywhere from the low $40,000s to just under $460,000, depending on the valuation band. The lowest band, ‘Basically a Fire Sale,’ between roughly
Binance has completed the second batch of its Bitcoin conversion for the Secure Asset Fund for Users (SAFU), acquiring an additional $100 million in $BTC. The crypto exchange announced the transaction via its official X account, providing the public wallet address and transaction ID for verification. #Binance SAFU Fund Asset Conversion progress update. Binance has
Bitcoin price extended its decline below $75,000. $BTC is now attempting to recover from $72,850 but faces many hurdles near $76,500. Bitcoin is attempting to recover above $74,000 and $75,000. The price is trading below $79,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $77,200 on
Binance, the world’s largest cryptocurrency exchange, has taken action for its $1 billion move as Bitcoin ($BTC) experiences successive sharp declines. At this point, Binance also completed a second round of purchases to convert its $1 billion stablecoin reserves in the SAFU fund into Bitcoin. According to Arkham Intelligence data, Binance’s SAFU fund purchased an