The 200-week moving average is one of the most critical macro indicators for Bitcoin, serving as the definitive divide between bear market capitulation and long-term accumulation. While BTC’s price movements are notorious for their sudden, dramatic swings, history shows that the 200 WMA technical indicator has stood out with remarkable consistency. How The 200 WMA
No one has a crystal ball, but if Bitcoin continues to behave according to its past cycles, then we’ve most likely already reached the peak. Bitcoin printed an all-time high on Oct. 6, but it failed to extend the move as the post-halving clock approaches the peak zone seen in prior cycles. The 2024 halving
Bitfury’s EVP, George Kikvadze, a prominent figure in the cryptocurrency world, made a striking prediction about Bitcoin’s future in an interview with CNBC Television. According to Kikvadze, it’s “only a matter of time” before the price of Bitcoin reaches $1 million, and then $10 million. As an early Bitcoin investor, Kikvadze assessed the cryptocurrency’s evolution
Over the past several hours, two new Bitcoin whales made big buys and accumulated 1,465 BTC worth around $162.4 million in the silent market. The buying happened in a volatile trading period, which depicts increased trust among the major holders even in a weak market. Two fresh whales accumulated 1,465 $BTC ($162.4M) from exchanges in
Gold’s market capitalization reached a record $30 trillion on Thursday as the commodity surged to a new all-time high of $4,357 per ounce. The milestone market cap peak means that gold is now 14.5 times larger than Bitcoin’s market capitalization, which is around $2.1 trillion. It is also 1.5 times larger than the market capitalization
Bitcoin experienced a sharp pullback on Thursday, driven primarily by short selling, which exacerbated losses. In the 90 minutes leading to the drop, Bitcoin slipped 1.5% from $115,000 as open interest—representing the total number of unsettled derivative contracts—climbed by 2.3%, adding over $591 million in notional value, according to Velo data. The cumulative volume delta
Investors are becoming more discerning of Bitcoin treasury companies as the “euphoria” over Bitcoin-stacking firms is starting to wane, according to a Bitcoin treasury executive. There are currently 205 publicly listed Bitcoin (BTC) treasury companies worldwide. But their sheen has started to dull, with several firms that have adopted the strategy seeing their market net
Polymarket traders are now giving a 34% probability that Bitcoin finishes October under $100,000, while bets on a rally past $130,000 are barely scraping 10%. This deep split in sentiment comes after a volatile start to what is support to be a bullish month, with Bitcoin struggling to find footing after a steep plunge triggered
Gold is up nearly 60% year-to-date, substantially outperforming bitcoin, which, in comparison, is up a paltry 13% – despite all the talk of a bull market. Analysts say that gold isn’t overpriced, despite the epic rally, and traders on Kalshi are confident that 2025 will be the year that the yellow metal outperforms BTC. (Kalshi)
Bitcoin’s BTC$108,639.95 price is precariously hovering in the critical support zone amid a broadening surge in volatility indices across asset classes. The leading cryptocurrency by market value has dropped nearly 2.5% to $108,000 in 24 hours. It has entered the key support zone of $107,000 to $110,000, which, if breached, would mark a significant weakening