Bitcoin saw its price retrace after initially moving upwards and clearing the resistance at $80,000. Eventually, though, the price ended up hitting major resistance at $82,000 and falling back downward. Now, the Bitcoin price seems to be stuck in a sideways movement that threatens to be the end of the recovery. However, this might not
From a 2011 peak near $1,900, gold spent years carving a deep base, retested resistance around $2,100 in 2020, consolidated again through 2022, then broke decisively higher to reach $3,300 by early 2025 and a record above $5,400 in January 2026. According to analyst and Real Vision affiliate James Easton, Bitcoin’s weekly chart is now
Bitcoin slipped below the psychologically important $70,000 level on Tuesday, trading around $69,300, as derivatives positioning reached some of the most elevated levels of the current cycle. Open interest across bitcoin futures markets has climbed to approximately 773,000 $BTC, a level last seen only a handful of times on record, according to Coinglass data. Previous
The cryptocurrency market started the week with strong selling pressure, with Bitcoin ($BTC) falling towards the $70,000 level. Analysts point to increased US-Iran tensions and $BTC sales by institutional Bitcoin investor Strategy as contributing factors to the decline. According to market data, Bitcoin fell 4.2% in the last 24 hours, dropping to $70,111. Ethereum (ETH),
The fact that Bitcoin’s price fell below the $71,000 level today, coinciding with Strategy’s symbolic Bitcoin sale after nearly four years, has sparked debate in the market. However, analysts have offered differing opinions on the reasons for the decline. Bitcoin advocate Pierre Rochard argued that directly attributing the price drop to Strategy’s small-scale selling was
OranjeBTC, Latin America’s largest corporate Bitcoin treasury company, has disclosed a new Bitcoin acquisition and share buyback, reinforcing its commitment to a dual capital allocation strategy that mirrors approaches used by firms like Strategy in the United States. The São Paulo-listed company — trading under ticker OBTC3 on the B3 exchange and as ADR ticker
According to the latest data published by Glassnode, the short-term outlook for the Bitcoin market continues to weaken. The company stated that Bitcoin is trading around $71,300 and that downside risks are prominent due to both increasing selling pressure in the spot market and accelerating ETF outflows. The analysis added that the market structure is
Bitcoin has experienced a sharp, sudden correction, breaking down from its recent consolidation range to test lower macro support levels. The premier cryptocurrency plummeted toward the $71,000 threshold, leaving traders questioning whether the psychological support at $70,000 will hold or if a broader market liquidation is underway. The drop comes at a highly ironic moment
A new report from Fortune has revealed that SpaceX holds a significantly larger amount of Bitcoin than previously estimated, a disclosure that introduces a new layer of financial complexity for the private aerospace company. According to the report, SpaceX owns 18,712 $BTC, a figure that far exceeds the earlier public estimate of 8,300 $BTC. Fortune
Strive has expanded its fundraising plans by $4.2 billion as the Bitcoin treasury company seeks additional capital for future $BTC purchases. According to a June 1 X post by Strive chief executive Matthew Cole, the company expects to increase the size of its at-the-market programs tied to ASST and SATA securities by $2.1 billion each.