A Bitcoin address that had held 35.55 bitcoin worth $2.54 million untouched since March 2011 moved its coins earlier this wee,, becoming one of the first publicly visible responses from a named defendant in a New York state lawsuit that claims legal title over 39,069 dormant bitcoin wallets. The wallet, 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, sent 15 $BTC to
Bitcoin, the first and largest cryptocurrency by market capitalization, hit a new low, tumbling below February’s levels. Early that month, Bitcoin dropped as low as $60,062. Bitcoin dropped as low as $59,073 on Friday, the lowest since October 2024, with analysts dubbing the price a “fresh Bitcoin bear market low.” The drop followed a strong
Following bitcoin’s worst week in two years, Strategy(MSTR) Executive Chairman Michael Saylor published a framework on X, arguing that the Bitcoin community is evolving into four distinct ideological camps. Rather than viewing these groups as competitors, he presents them as complementary forces that will collectively shape bitcoin’s future. The first group, Bitcoin Maximalists, sees Bitcoin
Bitcoin ($BTC) trades near $60,000 after a 5% daily drop, leaving it about 50% below its record high. Three widely shared charts argue that the four-year cycle is intact and that the deeper cycle bottom still lies ahead. The setup echoes recent BeInCrypto analysis, placing the cycle low in the fourth quarter of 2026. The
Key takeaways: Over-leveraged Bitcoin short positions between $63,000 and $66,000 have created a potential $2.6 billion squeeze trap for bears. Negative perpetual funding rates indicate that bulls have fully deleveraged, significantly reducing downside risk. The Bitcoin ($BTC) crash to $61,100 on Friday wiped out $335 million in leveraged long positions. However, after a 21% decline
The bitcoin price looks bad, but I’m buying. Price might go lower, it always can, but there is value at these levels, and I’m accumulating. I think it’s important to be honest about how I’m actually acting on the analysis I publish, rather than just presenting data from a distance. And right now, the data
Bitcoin has spent the better part of the past several weeks delivering a painful lesson to bulls. The largest cryptocurrency by market capitalization has shed more than 22% over the past month, slicing through support levels that many traders had considered established. Bitcoin is still trapped below a descending trendline, and the current structure still
A long-dormant Bitcoin address, inactive for over five years, has suddenly sprung to life, transferring a significant holding to the Binance exchange. Onchain analytics firm Onchain Lens reported that the anonymous whale moved 602.26 BTC, valued at approximately $37.81 million at the time of the transaction, realizing a substantial profit. Anatomy of a Whale Move
Bitcoin is testing a major support area after losing the $80,000 region and rejecting key moving averages. Analysts now point to the low-$60,000 zone as the main level to hold, while a deeper break could bring the $48,700 and $40,000-$50,000 areas into focus. Bitcoin Drops Toward Major Support After Losing $80K Region Bitcoin ($BTC) has
Bitcoin is currently trading around $62,828, and the daily technical picture leaves little room for optimism: we are in a full bearish phase, far from all the significant moving averages. The market sentiment, indicated by the Fear & Greed Index, is in Extreme Fear at 12, a signal not to be underestimated. The current price