Bitcoin price has returned to the key $90,000 support level that marked the previous cycle bottom, raising the possibility of a reversal if buyers can defend this region with strength. Summary $90,000 aligns with the channel low and value area low Retest mirrors the previous market bottom structure Holding support opens the probability of a
As the cryptocurrency market braces for the Nvidia earnings report, which will be published after today’s trading session in the U.S. closes, investors are looking to gauge risk appetite and understand what’s next. In this context, one of the most vocal Bitcoin supporters, Michael Saylor, revealed his stance which, to be honest, is not surprising.
Major crypto exchange Binance spotlights a milestone in Bitcoin’s history: Bitcoin’s pseudonymous creator Satoshi Nakamoto first registered on Bitcoin forum BitcoinTalk 16 years ago this month, in November 2009. Binance highlighted this as the journey that changed finance forever. BitcoinTalk is a message board where people interested in the technical details and the development of
Bitcoin faces technical deterioration that could lead to a decline below $75,000, according to analyst Przemyslaw K. Radomski. The analyst has been shorting Bitcoin since it traded around $104,000 and warns the asset is in “deep, technical trouble.” Bitcoin has declined 11.9% over the past seven days, 10.5% over 14 days, and 17.9% over the
Prediction markets are buzzing as traders on Polymarket and Kalshi lay down odds on where bitcoin may land through 2025, and the numbers paint a far more grounded picture than the moonshot fantasies circulating online. Prediction Markets Show Strong Odds for Bitcoin Re-Capturing Six Figures to End 2025 At 8:30 a.m. Eastern time on Wednesday,
Popular commentator on financial markets Jim Cramer finally spoke about Bitcoin today, which he had not done in a long time, saying that he is fine with Bitcoin itself but not with the mechanics around it, pointing to how unnaturally BTC keeps sitting above $90,000 even when it looks weak. His post hit while BTC
The Bitcoin market is undergoing a significant transition, with traders aggressively positioning for a year-end close beneath the $90,000 threshold. This comes as the flagship digital asset briefly slid to a seven-month low of $89,970 on Nov. 18 before recovering to $91,526 as of press time. As a result, crypto traders’ sentiment has significantly shifted
Kraken filed to go public Wednesday, the cryptocurrency exchange said, just hours after announcing a massive fundraising round valuing the company at $20 billion. The company said it confidentially submitted a draft S-1 registration form with the SEC to make an initial public offering (IPO) on Wall Street. Kraken said it has not yet determined
Another day, another sideways shuffle in the bitcoin ballroom. Prices are stuck doing the cha-cha between resistance and support zones while technical signals wave a cautious yellow flag from every timeframe. Bitcoin Chart Outlook From the daily chart, it’s hard to miss the dramatic descent from the glittering heights of $116,000. The drop has been
U.S. Treasury Secretary Scott Bessent has provided an update on when President Donald Trump may announce the next Fed Chair. This follows Trump’s statement that he may already have his pick to replace Jerome Powell, whose tenure ends next May. Crypto traders are currently betting against Trump making any announcement this year, but Kevin Hassett