Bitcoin is trading at $74,025. Half the market sees a buying opportunity. The other half sees a temporary stop on the way to $30,000. Both sides have real data behind them. The Bear Case: The Bottom Is Not Here Yet CryptoQuant published analysis this week showing Bitcoin’s MVRV Z-score has not entered negative territory. Every
The Bitcoin (BTC) Rainbow Chart is signalling that the asset remains in a mid-cycle zone, with projections pointing to a gradual climb into early May. The chart, which uses a logarithmic growth curve with color bands to predict price, places Bitcoin within a broad but defined valuation range heading into May 1, 2026. According to
The Bitcoin Bull Score Index indicates that the $BTC market may have now slipped into a recovery path amid recent price gains. Bitcoin recently retested $76,000 after recording higher highs and higher lows since the March 29 floor. Amid the rebound push, data from CryptoQuant shows the Bull Score Index (BSI) has risen to 40,
Bitcoin hit a 24-hour high of $75,886 before pulling back to $74,025, rejected at the $75,000 level again, and the conditions surrounding this attempt look nothing like before. Analyst Michaël van de Poppe flagged the setup in a thread published today. Yes, a shooting star candle formed on the daily timeframe after the latest rejection.
A noteworthy technical analysis assessment of Bitcoin has emerged in the cryptocurrency markets. Crypto analyst Michael van de Poppe, in a post on the social media platform X, evaluated Bitcoin’s current price movements and possible scenarios. According to Van de Poppe, Bitcoin is continuing its consolidation process in a range near the $75,000 level. However,
Bitcoin’s outperformance during the Iran conflict doesn’t fit the standard playbook, and Bitwise CIO Matt Hougan thinks he knows why. The largest cryptocurrency has gained 12% since U.S. and Israeli airstrikes began Feb. 28, while the S&P 500 has fallen 1% and gold 10%. For an asset routinely dismissed as a leveraged tech bet during
One of the notable developments in the cryptocurrency market was the reactivation of a large investor account that had been inactive for a long time. According to on-chain analytics data, a “whale” address that had been largely inactive for approximately 14 years has resumed transactions after a four-month hiatus. According to data shared by analyst
Bitcoin ($BTC) experienced a sharp rise yesterday and retested the $76,000 level. However, this attempt failed again, and the $BTC price retreated to the $73,000 level. One analyst noted that a key data point in the markets indicated a possible bottom formation. $BTC investors are in a bearish trend, which creates the potential for a
Investors who thrive on bitcoin’s wild price swings may be in for disappointment. Major banks are preparing to introduce new products that could dampen volatility in a market that has already become significantly calmer in recent years. Most recently, Goldman Sachs filed an application for a Bitcoin Premium Income exchange-traded fund (ETF). The proposed fund