A key indicator tracking the overall health of the bitcoin market has just flashed a neutral signal for the first time since prices peaked above $126,000, signaling that the bear market may have ended. But here’s the catch: The neutral reading on the indicator turned out to be a false signal a few years ago.
Bitcoin has finally broken out of its long sideways phase that lasted for weeks between roughly $65,000 and $75,000. Price has now moved into the $77,500–$78,000 zone, shifting the market from consolidation into what looks like an early trend phase. In under two weeks, BTC is up nearly 10%. Prediction Markets Turn More Bullish at
Bitcoin has reclaimed the $78,000 level, revisiting a price zone it last touched on the 17th of April and again on the 22nd of April, after previously trading within the range on the 3rd of February. The move has reignited bullish sentiment across the market, with expectations building around a potential push toward $80,000. However,
On-chain data shows the cost basis of the Bitcoin short-term holders is located at $80,700, a level that could come into focus after the latest rally. Bitcoin Is Nearing The Short-Term Holder Realized Price In a new post on X, cycle analyst Root has shared the latest data for the Realized Price of the short-term
Bitcoin price started a fresh increase and cleared the $77,500 zone. $BTC is consolidating and might aim for more gains above the $79,500 level. Bitcoin managed to stay above $76,500 and started a fresh increase. The price is trading above $77,200 and the 100 hourly simple moving average. There is a short-term declining channel forming
In its latest report on the Bitcoin market, cryptocurrency analytics company Glassnode stated that the price is retesting critical thresholds and the market has entered a “decision phase.” According to Glassnode’s analysis, Bitcoin signaled a significant shift in market structure by surpassing the $78,100 level, which has long been considered a crucial reference point, often
Bitcoin rose above $78,000 on Wednesday after renewed easing in Middle East tensions supported risk appetite across digital assets. The move came after US President Donald Trump said the ceasefire with Iran would be extended, while market participants also reacted to Strategy’s latest Bitcoin purchase. The broader crypto market moved higher alongside Bitcoin. Total market
The cryptocurrency markets have been energized again as Bitcoin ($BTC) surpassed the $78,000 mark, reaching its highest level in 11 weeks. With investor risk appetite increasing, Scott Melker and macro strategist Noelle Acheson discussed the current state of the market and the dynamics behind Bitcoin’s rise on “The Wolf Of All Streets” channel. Noelle Acheson