Economist and longtime Bitcoin critic Peter Schiff warned that Bitcoin could collapse to $20,000 if the asset loses key support near $50,000. His comments come as geopolitical tensions escalate following reports that the US military is preparing strike options against Iran. If Bitcoin breaks $50K, which looks likely, it seems highly likely it will at
Bitcoin experienced another back-and-forth session on Feb. 19, struggling to maintain its value as it established a lower trading range. Bitcoin Faces Volatility as Trading Ranges Shift Lower Bitcoin ( $BTC) endured another session of whipsaw price action Feb. 19, twice rebounding from sub-$66,000 lows to reclaim the $67,000 level. While the volatility mirrors the
CryptoQuant, a cryptocurrency analytics company, has published a noteworthy onchain analysis of Bitcoin’s current price structure. The company stated that a critical cost level, which has distinguished bull and bear markets in all past cycles, has been lost. According to CryptoQuant, the average cost level of a “medium-weighted” group of investors—those holding 10 to 10,000
US spot Bitcoin exchange-traded funds (ETFs) may be seeing heavy outflows lately, but the broader picture tells a different story. According to Bloomberg ETF analyst Eric Balchunas, cumulative net inflows into Bitcoin (BTC) ETFs peaked at $63 billion in October and now stand at about $53 billion, even after months of redemptions. “That’s NET NET
Markets are processing a controlled yet persistent selloff as Bitcoin price today trades in a zone where bearish momentum meets growing contrarian interest. $BTC/$USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Summary 1. Market Thesis – Where We Stand Now 2. Higher Timeframe Bias (Daily – D1) Price vs EMAs (Trend Structure) RSI (Momentum
Oil isn’t supposed to be the story in 2026. The macro narrative powering “cuts soon, liquidity soon” trades relies on disinflation staying intact. However, Brent jumped 4.35% to $70.35 on Feb. 18, and WTI surged 4.59% to $65.19 after headlines revived the risk of a US-Iran conflict and Russia-Ukraine talks ended without breakthroughs. This isn’t
Bitcoin fell below $66,000 on Thursday following mixed US economic data. Initial jobless claims beat expectations, while the trade deficit widened sharply, fueling renewed risk-off sentiment in crypto markets. Crypto markets in general were watching today’s data release, which featured among the economic data expected to influence Bitcoin sentiment this week. Bitcoin Retreats Below $66,000
The price of Bitcoin is on a roller coaster-like ride today, with the price bouncing in the $67,000-$65,000 range, and while cryptocurrency proponents like Michael Saylor say they have “never been more bullish,” a long-standing critic of the digital asset, Peter Schiff, reiterated his stance in a new X post. What makes Schiff’s new statement
A widely shared chart this week argued that record profits in gold are about to rotate into Bitcoin, repeating a pattern seen in prior cycles. Veteran futures trader Peter Brandt responded laconically yet eloquently with a single thumbs-down emoji on X. Brandt, who has traded commodities for more than five decades, has maintained a cautious