At a key technical inflection point, the Bitcoin price is holding near resistance while short-term momentum remains constructive, even as broader confirmation still depends on a break above the daily 200 EMA. $BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Main scenario: bullish on the daily chart, but not without friction The market structure
The leading cryptocurrency, Bitcoin ($BTC), has surpassed the long-awaited $80,000 mark. This morning, it continued its upward trend, climbing above $81,000. While speculation continues about whether the rally will continue, experienced Chinese trader Eugene Ng Ah Sio has shared his latest analysis of Bitcoin. The analyst said that the $80,000 level is critical for $BTC
The discussion about the real identity of Bitcoin’s pseudonymous creator Satoshi Nakamoto resurfaces on X with Ripple CTO Emeritus David Schwartz pushing back firmly against arguments from Craig Wright about what it really means to be “Satoshi.” “CSW is wasting a lot of time pretending not to understand that when people ask the question who
Bitcoin (BTC) has recorded its highest level of realized profits in five months as the cryptocurrency briefly surged above $80,000, signaling the market may still have room to extend its rally. On-chain analytics data indicate that Bitcoin’s net realized profits climbed to $207.56 million on Sunday, marking the largest spike in the past month, according
A trader closed a 700 bitcoin short position on Tuesday at a $1.94 million loss, erasing all $1.71 million in profits from 11 consecutive winning trades in a single position gone wrong. Key Takeaways: Wallet 0x004e closed a 700 $BTC short on May 5, booking a $1.94M loss on a single trade. The loss erased
In the cryptocurrency market, the sustainability of Bitcoin’s rise above the $80,000 level continues to be a subject of debate. According to some analysts, the recent price movement is being shaped more by macroeconomic developments than by a strong surge in demand. Macro analyst and Coin Bureau co-founder Nic Puckrin stated that Bitcoin’s recent recovery
Bitcoin is entering a decisive week, holding near the $80,000 level as multiple forces begin to align. According to Crypto Banter analystKyledoops, this rally is not over yet; instead, it is building toward a larger move. The current setup connects macro data, institutional demand, and geopolitical developments into one clear narrative: Bitcoin is preparing for
Pentoshi, a closely followed anonymous analyst in the cryptocurrency market, shared a noteworthy assessment following the recent rise in Bitcoin. The analyst, particularly focusing on developments in institutional demand, provided important signals regarding the market’s supply and demand balance. Pentoshi, drawing attention to MicroStrategy’s Bitcoin purchases, stated that the company has reached a total of
It has cost Michael Saylor-founded Strategy (formerly MicroStrategy) 10 figures to flip its 11-figure loss from February back into positive territory this month and eke out a 1% annual rate of return since his company started buying bitcoin ($BTC). On May 1, $BTC rallied above the company’s then-$75,537 average cost basis. Last night, it extended
Leading financial market strategists and cryptocurrency experts discussed global macroeconomic balances and Bitcoin’s place within this context in a panel discussion. Bloomberg’s Mike McGlone, former CoinRoutes CEO Dave Weisberger, and macro strategist James Lavish offered crucial predictions about the future of the markets. One of the main topics of the panel was digital assets, where