A crypto analyst has identified a multi-year Cup and Handle pattern on the Bitcoin ($BTC) chart that he says has gone largely unnoticed by the broader market, despite its significance. The analyst believes this single formation signals a major bull trend ahead for Bitcoin, projecting a minimum price target of $220,000 once the cryptocurrency begins
Bitcoin is taking market share from gold as investors hedge against fiat currency debasement, JPMorgan analysts said in a research note this week. Bitcoin exchange-traded funds have recorded inflows for three consecutive months through May, while gold ETFs are still struggling to recover the outflows that followed the March Iran conflict, according to The Block.
An analysis shared by Cryptoquant indicates bitcoin must reclaim and hold $88,880 before traders can confirm a $BTC bottom. UTXO age bands identified several realized price levels where trapped buyers could add resistance during recovery attempts. Key Takeaways: $88.88K was identified as the first major resistance level above the current bitcoin price. Underwater holder cohorts
Binance, OKX, and Gemini have lost 100,000 Bitcoin from their reserves since February 2026. These coins were moved to private wallets, cold storage, and ETF custody, pushing exchange reserves to their lowest levels since late 2023. According to CryptoQuant analyst Amr Taha, the situation is dire because the reserves of multiple large exchanges fell simultaneously.
JPMorgan analysts have stated that Strategy, led by Michael Saylor, could make Bitcoin purchases totaling approximately $30 billion by 2026 if the current pace continues. The analysts noted that the company particularly accelerated its purchases in April. According to a report published by JPMorgan’s analyst team led by Nikolaos Panigirtzoglou, Strategy has purchased a total
A crypto analyst has projected explosive price targets for both the Bitcoin price and the Solana price. According to the forecast, if Bitcoin surpasses $400,000, Solana could be trading around $1,500 at the same time. The basis of this projection rests on the assumption that altcoins could mirror $BTC’s explosive rally to reach their respective
BlackRock said advisors should consider Bitcoin, gold, and alternative strategies as portfolio diversifiers as stock and bond correlations remain elevated in the current market regime. In a May 6 report titled How to diversify with bitcoin, gold and alternative investments, the asset manager said geopolitical and economic shocks have made traditional portfolio construction less reliable.
Starknet is introducing shielded Bitcoin with configurable public and private modes, aiming to give $BTC holders more privacy in DeFi. A five-party federation, including $NEAR Protocol via $NEAR Intents, handles initial minting, burning, and bridging. The launch positions Bitcoin as a more private, productive asset rather than just a transparent store of value. The long-standing
A verified analyst at CryptoQuant, known as IT Tech, is pushing back against growing claims that Bitcoin has already bottomed. He argues that the data still shows major resistance zones ahead of any true confirmation. The analyst said many traders are already calling a market bottom for Bitcoin, but on-chain data suggests the market still
The crypto bear market is likely over, arguing that a fresh cycle driven by tokenization and artificial intelligence-powered financial services is beginning to take shape, said Tom Lee, chairman of Bitmine (BMNR) and co-founder of Fundstrat. Speaking at Consensus 2026 in Miami on Thursday, Lee pointed to bitcoin’s recent strength as a historical signal that