Oil barrels that can still reliably reach global markets via the Middle East are now trading above $100 a barrel, a stark market signal of acute geopolitical stress and supply fears that could ripple through global risk assets, including stocks and bitcoin BTC$67,252.29. Since the military conflict between the U.S., Israel and Iran began a
As Bitcoin (BTC) continues to trade below the $70,000 level, the Rainbow Chart suggests the asset could remain under pressure toward the end of March. As of press time, the cryptocurrency was trading at $67,535, down about 0.3% over the past 24 hours, while on the weekly timeframe, the asset has gained roughly 1.5%. Notably,
Bitcoin remains trapped in a weeks-long sideways grind, with no clean break above a key resistance level that has capped rallies since April of last year. The April low from last year continues to act as a ceiling. A test of that level triggered the current pullback, and the weakness has yet to resolve. The
US spot Bitcoin exchange-traded funds recorded their second consecutive week of net inflows, marking the first back-to-back weekly gains in five months. Spot Bitcoin ($BTC) ETFs attracted roughly $568.45 million in net inflows this week, according to data from SoSoValue. The products also posted positive flows of about $787.31 million the previous week, showing renewed
Renowned real estate investor and billionaire Grant Cardone has reiterated his belief in Bitcoin ($BTC), stating that he will continue to aggressively buy even if the $BTC price remains flat for years. In a video he released, Cardone stated that he believes Bitcoin will not fall to zero, even in the worst-case scenarios. Addressing worst-case
Bitcoin could experience a short-term rally that catches investors off guard before the broader downtrend resumes, according to on-chain analyst Willy Woo. “Bull trap forming,” Woo said in an X post on Saturday, referring to a fake breakout suggesting that the market is entering a sustained uptrend. He added that it may last “out to
While bitcoin has drifted sideways this week, we turned to some of today’s leading artificial intelligence (AI) models to weigh in on where the asset may head next. Will the crypto asset fall below its 2026 low? Or will it reclaim the $100,000 mark in the near term? Nine AI models lay out their expectations.
Bitcoin is showing fresh weakness across both the weekly and four hour charts. One setup shows a rejection at key market structure, while the other points to a possible final wave lower after a completed corrective bounce. Bitcoin Faces Pressure After Rejection at Key Market Structure Bitcoin has been rejected at a key market structure
The smart money allocating to bitcoin bought the panic last week. Then it sold the rally to everyone else. Whales holding between 10 and 10,000 bitcoin accumulated heavily between Feb. 23 and March 3, when bitcoin was trading between $62,900 and $69,600, according to Santiment. That window covered the worst of the Iran war sell-off
Bitcoin’s ($BTC) present market cycle is presenting signals of an intermediate stage. Particularly, the NUPL-MVRV Harmonic Composite presently sits at 0.33, whereas historical cycle bottoms have occurred near -0.5. As per the data from Axel Adler Jr., this highlights that the Bitcoin market is currently far from reaching complete capitulation. This condition is often linked