In a recent tweet, Bitcoin pioneer and Blockstream CEO Adam Back noted that Bitcoin’s 200-Week Moving Average had surpassed $61,000. The 200-Week Moving Average remains significant as it provides a tool that captures the baseline momentum of a classic 4-year Bitcoin cycle. Bitcoin’s 200-week moving average (200WMA), which is a long-term trendline, is often seen
Bitcoin ETF outflows exceeded $4.01 billion since the 7th of May, highlighting a sharp shift in institutional sentiment as demand weakened. Historically, strong ETF inflows accompanied optimistic market conditions, while extended outflow periods reflected declining investor confidence. This trend emerged as Bitcoin continued trading below major resistance levels and struggled to attract fresh institutional demand.
Nexo’s market-value-to-realized-value ratio has held steady at 1.16, even as Bitcoin prices lurched in recent sessions. The on-chain update from CryptoQuant suggests that large holders on the crypto lending platform are not rushing to liquidate positions. The figure, known as MVRV, compares the current market capitalization of all Bitcoin held on Nexo against the total
Bitcoin is trying to turn a short term bounce into recovery after a five wave decline shifted pressure to the downside. A break above $74,250 could open the path toward $76,150, but the bigger resistance zone remains $77,486 to $80,501. Bitcoin Price Completes Five Wave Decline as $BTC Faces $77K to $80K Resistance Bitcoin has
Strive, Inc. (NASDAQ: ASST) raised enough capital through its preferred stock offering in a single week to purchase approximately 2,624 Bitcoin, marking the most aggressive stretch of accumulation in the company’s short history. The firm, which has positioned itself as a Bitcoin-first treasury and asset management company, used proceeds from its Variable Rate Series A
Reading on-chain data at the right time can give investors an early edge. At the current stage of the cycle, timing matters more than ever. From a technical view, traders have wiped $10 billion+ from the market this week, dragging Bitcoin closer to $70k. With major liquidity clusters sitting on both the upside and downside,
Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 7, a streak that one analyst says may signal a market bottom is near. According to data from SoSoValue, daily outflows ranged from $70 million to $733 million across the period, with the
The Bitcoin treasury company space is becoming more divided between firms with actual financial strategies and those leaning more on promotion, according to one industry executive. “I think a lot of them don’t have the right capital structure, right. They don’t have the ability to actually deploy Bitcoin,” Sean Bill — co-founder of Bitcoin treasury
Michael J. Saylor’s Strategy surprised the crypto market on May 29. After transferring 411.48 $BTC, worth more than $30 million, to Coinbase Prime. The move immediately triggered speculation that the company could be preparing to sell a portion of its Bitcoin holdings. On-chain trackers including Lookonchain and Arkham flagged the transfers. While Polymarket traders quickly
Despite the growing institutional presence in crypto, retail sentiment is just as important as it was when Wall Street was largely on the sidelines, according to Swan Bitcoin CEO Cory Klippsten. “It still does. You have to remember it’s not like BlackRock owns the Bitcoin and Fidelity owns the Bitcoin. It’s a bunch of retail