Bitcoin’s price sits at $89,764 on Thursday morning with a market cap of $1.79 trillion and a 24-hour trading volume that just grazed $47.55 billion. The coin strutted through a price corridor of $89,774 to $92,125 in the last day, testing traders’ patience and perhaps their caffeine tolerance. Bitcoin Chart Outlook On the daily chart,
A major Bitcoin whale has exited a sizable leveraged position as BTC price slid back toward the $90,000 mark. According to blockchain analytics firm Lookonchain, a whale wallet identified as 0xFB78 closed all of its Bitcoin long positions. In total, the trader exited 3,846 BTC, worth approximately $350.4 million, locking in losses of more than
Crypto Market Faces Pressure from Multiple Fronts After a strong weekly rally, the crypto market faced renewed selling pressure over the past 24 hours. Bitcoin led the move lower as several overlapping factors weighed on sentiment, including large liquidations, regulatory uncertainty in the US, institutional developments, and growing macroeconomic caution. Rather than a single catalyst,
Bitcoin is testing key levels within the Ichimoku Cloud, and whether it can hold above this zone will determine its next major price direction. Bitcoin’s strong start to 2026 saw it quickly recover from December 2025’s losses, reclaiming the $90,000 mark early in January. Despite external pressures, including geopolitical tensions like the U.S. targeting Venezuela,
The recent fall of Bitcoin to the sub-91,000 zone has caused some abnormal activities among the long-term holders. Many of the holders have sold during price weakness as opposed to selling into strength. This trend is very evident. It is not like bull-market behavior. Statistics indicate that the long-term holder supply share has been decreasing
The leading cryptocurrency Bitcoin (BTC) and altcoins started 2026 with a strong recovery, but have since experienced a pullback in the last 24 hours. At this point, BTC had risen as high as $94,000 but has now retreated to around $90,000. This increases the likelihood of further declines, and cryptocurrency analytics company MakroVision has published
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