Bitcoin price extended its decline below $78,000. $BTC is now attempting to recover from $74,500 but faces many hurdles near $80,000. Bitcoin is attempting to recover above $77,000 and $78,000. The price is trading below $80,000 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at
Bitcoin’s brief dip below $76,000 this week triggered a 7% drop in Strategy’s stock price. It exposed a structural reality that markets can no longer ignore: the company’s entire 713,502 $BTC position now sits precisely at its cost basis. This stark reality transforms what was once a corporate treasury bet into a market-defining reference point.
Bitcoin’s recent price decline has prompted renewed discussion among market analysts about the potential for an extended downturn in cryptocurrency markets, according to statements from industry observers. Summary Bloomberg’s Mike McGlone predicts further declines for Bitcoin, comparing current conditions to the 2008 financial crisis. The cryptocurrency’s fundamentals remain strong, according to Dave Weisberger. James Lavish
The crypto market may be closing in on the bottom of its current downturn, but analysts at Compass Point say it will take a broader risk-off event to push bitcoin $BTC$79,061.70 significantly lower. “While near-term risk remains skewed to the downside, we believe we’re approaching the final innings of the crypto bear market,” analysts Ed
Bitcoin has seen extreme lows and questioned its temporary bottom; however, based on the price movements of the past week, new technical indicators indicate that these movements may be in the process of reversing. As per market analyst Ali Martinez, regarding the 12-hour range, there are multiple TD buy signals giving some optimism for those
Bitcoin’s $BTC$78,621.47 11% slide last week may be the least of investors’ concerns. It’s a price of around $58,000, another 25% below current levels, they should be paying attention to. While the largest cryptocurrency’s recent crash, the biggest weekly drop since March 2025, and inability to attract buyers has many holders worried about another so-called
BlackRock moved over $670 million in Bitcoin and Ethereum to Coinbase Prime on Monday, according to Arkham Intelligence data. Specifically, the asset management giant deposited 6,918 Bitcoin worth approximately $539 million and 58,327 Ethereum valued at about $133 million into the institutional trading and custody platform. The movements are tied to operational requirements for BlackRock’s
Bitcoin Is Coming Off a Brutal Week. Here’s What’s Happening Bitcoin is stabilizing slightly today after one of its most punishing weeks in years, but the damage across crypto markets has already been done. The bitcoin price fell below $80,000 over the weekend for the first time since April 2025, briefly plunging to lows near
Since the recent Bitcoin price crash to $76,000, the broader crypto market has been on high alert, with sentiment shifting to extreme fear levels. A crypto analyst who has shared insights on Bitcoin’s latest market movements predicts more pain for the leading cryptocurrency. He has also warned investors against taking advantage of the decline and
On Aug. 11, 2020, Michael Saylor made history when Strategy (MicroStrategy back then) announced its first Bitcoin purchase of 21,454 $BTC at an average price of $11,653. From that moment on, the corporate treasury game forever changed. But what if you did nothing more than buy one Bitcoin that same day and never touched it