Bitcoin ($BTC) has staged a notable 21% recovery over the thirty-day timeframe, pushing the largest cryptocurrency in the market above the $81,000 level for the first time since January. Now, $BTC is approaching one key resistance, which—if surpassed with a daily close—could open the door to another leg higher. Bitcoin Targets $89,000 And $94,000 Technical
Bitcoin [$BTC] reclaimed the $80,000 level for the first time since the 31st of January as whale accumulation accelerated, with 4,527 $BTC worth about $362 million absorbed within 24 hours. This surge reflected strong conviction from large holders who removed supply from circulation rather than distributing. As a result, available liquidity across exchanges appeared constrained,
Strategy (MSTR), the world’s largest publicly traded corporate holder of bitcoin, floated the idea of selling bitcoin in order to cover its dividend obligations. Executive Chairman Michael Saylor suggested, during its Q1 2026 earnings call, the company may sell a portion of its bitcoin holdings to fund dividend payments, stating: “We will probably sell some
Bitcoin is pushing into a key resistance zone after its strongest daily close in three months. However, $BTC still needs a clean breakout above trendline resistance and RSI pressure to confirm stronger momentum. Bitcoin RSI Keeps Breakout Unconfirmed Bitcoin traded near $80,470 on the 1 day BTCUSDT perpetual chart shared by Elja. The chart shows
If Bitcoin closes above $80,000 on a daily candle, a short squeeze could send prices racing toward $82,230 — a level that hasn’t been tested in seven months. That’s the scenario analysts are watching after a massive wave of selling halted Bitcoin’s climb at a key resistance zone over the weekend. Short Sellers Dominate The
Strategy Chairman Michael Saylor made noteworthy statements during the live broadcast announcing the company’s first-quarter 2026 financial results. While sharing Strategy’s capital market principles, Saylor stated that selling Bitcoin could be considered if it proved advantageous for the company. The presentation stated that one of Strategy’s core objectives is to “create long-term value by increasing
Cryptocurrency analysis company CryptoQuant analyzed the recent rise in Bitcoin’s price, highlighting the fundamental dynamics behind the ongoing market movement. According to the company’s latest analysis, one of the most significant factors in Bitcoin’s rise to the $81,000 level was aggressive short position liquidations. According to CryptoQuant data, cumulative liquidation data, particularly on Binance, indicates
Bitcoin surged past the $81,000 milestone for the first time in months, reaching an intraday peak of $81,714. Despite brief periods of volatility, the cryptocurrency maintained strong support above $81,500, marking a 7% weekly gain. Key Takeaways: Bitcoin hit $81,714 on May 5 as the Trump administration worked to de-escalate Middle East tensions. The rally
Strategy (MSTR), which has attracted attention with its Bitcoin accumulation, announced its first quarter 2026 financial results. Revenue: $124.3 million (Expected: $4.94 million) Loss per share (EPS): -$38.25 (Expected: -$0.17) Within the company’s operating loss, an unrealized loss of $14.46 billion in digital assets stood out. By 2026, it had raised $11.6 billion in funding
Bitcoin Core developers today disclosed a bug that has allowed miners to remotely crash and execute code on other people’s nodes. The vulnerability, CVE-2024-52911, has affected Bitcoin Core 0.14.1 through 28.4. Developer Cory Fields responsibly disclosed and helped patch the high severity error via Pull Request (PR) 31112. Had a miner wanted to utilize the