Legendary commodity trader Peter L. Brandt has taken to his X account to share important recent analysis of Bitcoin’s price moves, making a bullish prediction for the largest cryptocurrency on the market. He referred to a classic book by Richard W. Schabacker published in 1934, saying that Bitcoin is currently playing out a pattern from
Strategy, the largest institutional Bitcoin ($BTC) holder, is not abandoning its $BTC strategy despite the recent declines. At this point, Strategy (MSTR) stated that its goal is to reach 1 million $BTC in holdings by the end of the year. If Strategy continues its weekly purchases until the end of 2026, it will need to
Story Highlights Bitcoin surged to $74,300, triggering over $113M in short liquidations and lifting the broader crypto market as institutional demand and ETF inflows fueled bullish momentum. Amid U.S.–Iran geopolitical tensions, the crypto market added $320B in value, outperforming stocks and metals as investors rotated capital into Bitcoin and digital assets. The crypto market moved
Bitcoin climbed back above $74,000 on Monday, sparking a broad rally across the cryptocurrency market. The sudden move triggered widespread liquidations in derivatives trading, wiping out more than $353 million in leveraged positions as traders reacted to improving regulatory signals from Washington and easing pressure in global energy markets. Key Points Bitcoin rebounded above $74,000,
Bitcoin, the flagship cryptocurrency, spiked above $74,000 to hit its highest level since Feb. 4. The cryptocurrency is still down a whopping 41% from the record high of $126,080 that was achieved on Oct. 6. The most recent recovery comes after strong inflows recorded by exchange-traded funds. From March 9 to March 13, Bitcoin spot
Strategy (MSTR) needs to acquire roughly 261,269 more Bitcoin ($BTC), worth an estimated $22.2 billion, to reach its implied target of 1 million $BTC by the end of 2026. The company held 738,731 $BTC as of this writing, purchased at an average price of $75,860 per coin. With about 42 weeks left in 2026, that
Bitcoin ($BTC) surged to a 40-day high of $74,451, adding $1,800 in just 30 minutes as the US-Iran conflict continues to reshape risk asset flows. The move liquidated $113 million in short positions within an hour. The broader crypto market has added over $320 billion since the conflict began in late February. War, Oil, and
Bitcoin surges back above $74,000 today, reclaiming a key level amid renewed bullish momentum in the crypto market. This rebound comes as traditional safe-haven assets like gold face pressure amid the oil crisis-fueled strengthening of the US dollar, with experts predicting further upside following a 13% $BTC rally.
Bitcoin price is trading above $73,700 at press time after rising almost 11% over the past seven days, driven by a breakout from a classic cup-and-handle pattern. The move has pushed the crypto market’s largest asset toward a key resistance zone. While technical momentum and strong buying pressure support the rally, several indicators suggest the
While cryptocurrency markets have experienced significant volatility in recent weeks, Mark Yusko, CEO and Chief Investment Officer of Morgan Creek Capital Management, made statements that will reassure cryptocurrency followers. According to Yusko, the most intense selling pressure Bitcoin (BTC) has experienced has likely ended. Yusko attributes the recent price drops largely to “forced selling.” The