Bitcoin has once again tested the $80,000 level, according to The Kobeissi Letter, briefly breaking above it before pulling back near $79K. This marks the first time in weeks $BTC has reached this zone, making it a key psychological and technical level. The move is backed by strong fundamentals. Spot ETFs saw nearly $600 million
Veteran trader Peter Brandt sees bitcoin rallying to $250,000 in 2029, but only after the market finishes a long drawn-out bottoming process that could last into September 2026. That forecast makes sense in the context of bitcoin’s four-year mining reward halving cycle, which has been consistent enough to shape traders’ projections. Historically, bitcoin bull runs
Bitcoin is trading above $80,000 as Asia begins its trading week, a level not seen since the end of January. Analysts at CryptoQuant say that BTC’s return to $80,000 is being powered by buyers who don’t fully trust it, a dynamic reflected in both positioning data and on-chain signals. ETF inflows and leveraged longs have
Bitcoin is spending another session in a tight range, with the market hovering around $78,548 and trading between an intraday low of $78,081 and a high of $78,963, according to live market data. That price action lines up with the chart pattern, where BTC appears to be building a base after a sharp rebound from
Onchain data shows 793.36 sleeping bitcoins changed hands between May 1 and May 3, 2026, with a notable portion traced back to wallets that had not moved coins since 2011. Key Takeaways: Onchain data shows 793 $BTC spent May 1-3, 2026, with 56 of 62 outputs originating from 2016 wallets. A single 110 $BTC output
BlackRock’s European investment product has quietly achieved a massive milestone. The asset manager’s European Bitcoin exchange-traded product (ETP) has accumulated approximately 14,200 Bitcoin. This has pushed its total valuation comfortably past the $1 billion mark. The iShares Bitcoin ETP is capturing significant institutional interest across the European market. As of early May, the ETP boasts
Gareth Soloway, chief market strategist and president of Verified Investing, told David Lin of The David Lin Report (TDLR) that bitcoin is forming a bear flag that could send prices down roughly 38% to $50,000, while the S&P 500 is flashing the same signals seen at the peak of the dot-com boom. Key Takeaways: Gareth
At the time of publication, Bitcoin was trading at $78,127.14, giving traders and investors renewed optimism that the cryptocurrency would surpass the $80,000 mark. Although $BTC saw a lot of volatility in April, a zoom out of the monthly price chart showed that it has increased by more than 17% in the last month. However,
Market timing remains the key variable in this cycle, as investors face a true test of patience. From a technical perspective, Bitcoin has pushed back into the $79k zone, reclaiming levels last seen in early February. However, price still sits more than 10% below the January open at $87k, suggesting a large group of early
Strategy paused bitcoin purchases, shifting market focus to its 818,334 $BTC exposure. Michael Saylor confirmed the halt after the company’s latest disclosed buy, leaving traders watching his orange-dot posts for the next signal. Key Takeaways: Strategy paused bitcoin purchases after its latest disclosed $255 million $BTC acquisition. Investors shifted focus toward MSTR’s leverage, reserves, volatility,