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
Bitcoin has recorded losses for about five consecutive weeks after a momentary upsurge at the beginning of the year. The cryptocurrency reversed after an initial rally to $97,939 in the second week of January 2026. Since then, $BTC has declined nearly 40%, bounced off support, and is trading at $66,935 as of writing, according to
It has been stated that there is a very high probability that Bitcoin will fall below the critical $60,000 support level in the coming weeks. According to Lee, co-founder of hardware wallet manufacturer Ballet, a chain reaction liquidation wave could occur in the market if Bitcoin falls below the $60,000 level. Speaking to Bloomberg, Bobby
Strategy Chairman Michael Saylor has maintained a bullish stance around Bitcoin despite the premier crypto asset losing over $1 trillion in market value. Bitcoin ($BTC) has borne the largest losses within the crypto market in terms of declining valuation, being the largest asset by market cap. Specifically, the global crypto market has lost $2.02 trillion
A Harvard-trained astrophysicist, Stephen, believes the next major Bitcoin price rally may not happen immediately, but when it does, it could follow a clear mathematical pattern. In a recent discussion, Stephen explained that he spent much of 2025 studying whether Bitcoin would form another large bubble. “Are we going to have a bubble? How big’s
Different AI models expect Bitcoin to trade in a narrow range tomorrow, February 20, following a 47% drop from its October 2025 highs near $126,198. At press time, the asset trades at $66,865, with market sentiment remaining cautious due to extreme fear and weak institutional demand. ChatGPT Outlook ChatGPT notes that $BTC has been consolidating
Bitcoin network activity seems to be flashing a warning for the largest cryptocurrency by market cap. According to Santiment, since February 2021, the five-year difference in Bitcoin’s level of network activity remains significant; there are now 42% fewer unique $BTC addresses making transactions and 47% fewer new $BTC addresses created. While this might seem concerning,