Bitcoin ($BTC) might experience price volatility soon given the activities of whales in the ecosystem. As per a new update by on-chain data platform CoinGlass, Bitcoin’s perpetual futures order book reveals that whales have placed a large buy order around $70,000 and $71,000. Sell wall at $75,000 could cap Bitcoin’s upside This strong bid implies
Bitcoin (BTC) experienced a significant recovery, rising above $73,000 in a very short time. With this surge, Bitcoin is approaching a critical price range that could determine the next trend. Analyst Omkar Godbole said Bitcoin is approaching the critical price zone of $73,750 to $74,400, which has functioned as a significant support or resistance level
The Bitcoin price attempts to exit a three-week long consolidation from a pennant pattern. U.S. spot $BTC ETFs recorded $787.3 million in fresh inflows after five straight weeks of outflows. The momentum indicator RSI spiked to 49% hints a neutral sentiment in short-term trend. The pioneer cryptocurrency, Bitcoin, jumped over 5% during Monday’s U.S. despite
Bitcoin is regaining bullish momentum after a week of geopolitical-driven volatility, with fresh inflows into spot exchange-traded funds helping support the latest price rebound. Summary Spot Bitcoin ETFs recorded roughly $155 million in net inflows, signaling renewed institutional demand. Bitcoin has recovered after last week’s volatility triggered by Middle East geopolitical tensions. Analysts say $BTC
Bitcoin stabilizes near a key support zone as traders watch whether sustained buying pressure can drive a broader market recovery. Bitcoin (BTC) trades near $72,004, recording a daily gain of about 3.9% as buyers return to the market. The intraday chart shows a strong upward movement from the $69,000 region, pushing the price toward a
Story Highlights Bitcoin is trading inside the exact resistance zone analysts say determines whether this rally holds or fails. A crypto analyst warns $2.3 billion in long positions could get wiped and builds the case for $40K. With oil spiking and inflation rising, the Fed’s options are limited too. Bitcoin is climbing again, up over
Bitcoin price started a steady increase above $70,000 and $72,000. $BTC is now consolidating and might aim for more gains above $72,800. Bitcoin started a fresh increase after it settled above the $68,800 support. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish trend line forming with
Billionaire investor Chamath Palihapitiya, a venture capitalist and former Facebook executive, recently argued that bitcoin has a “structural failing” that could limit its long term adoption by governments and central banks. Speaking on People by WTF podcast during the World Government Summit, Palihapitiya said that for a digital asset to become widely accepted at the
Story Highlights Iran may be ready to walk away from its nuclear program, according to reports. A ceasefire could unlock the Fed rate cut traders have been waiting for. One analyst says the $100K countdown has already begun. According to widely circulating reports, Sky News Arabia has reported that Iran’s Deputy Foreign Minister said the
Bitcoin ($BTC) experienced a sudden and rapid surge after a prolonged period of decline and consolidation. The price rose from around $67,000 to $73,000 in just one day. While this rise has fueled bull trap rhetoric, some analysts predict the rally could continue. At this point, analyst James Van Straten predicts that if Bitcoin remains