After a brief period of optimism in the cryptocurrency markets, selling pressure has returned. Bitcoin, following yesterday’s sharp recovery, fell again today, weakening investors’ hopes of a “bottom formation.” Bitcoin, the world’s largest cryptocurrency, fell by as much as 3.5% to $66,511. Just a day earlier, it had approached the $70,000 level for the first
Bitcoin’s rally stalled as the cryptocurrency retreated from over $69,000 to roughly $67,000, triggering over $470 million in liquidations and wiping $40 billion off its market cap. Market Cap Shrinks Amid Liquidations On Feb. 26, bitcoin’s relief rally hit a wall. After effortlessly sweeping past the $69,000 mark, the cryptocurrency struggled to sustain its upward
Vetle Lunde, Head of Research at cryptocurrency research firm K33 Research, has published a comprehensive analysis examining the long-debated claims of “systematic selling at 10:00 AM” in the Bitcoin market. According to Lunde’s study, which examined over 606,000 minutes of data between January 1, 2025, and February 26, 2026, Bitcoin’s average return at 10:00 AM
Cryptocurrency analytics company Binance Research stated that leverage ratio data for Bitcoin ($BTC) may indicate the formation of a short-term bottom. According to the institution’s assessment shared on social media, Bitcoin’s leverage ratio has reached its highest level since November last year. It was noted that a passive increase in leverage occurred because the price
Bitcoin price faces growing downside risks after rejecting major resistance near $69,700. Weak bullish volume and loss of key support levels now raise the probability of a corrective move toward $62,000. Summary Rejection at $69,700 0.618 Fibonacci resistance confirms weakness Loss of Point of Control signals bearish short-term structure $62,000 support becomes next key downside
As Bitcoin tries to stabilize at $67,000, Michael Saylor, Chairman of Strategy, continues to demonstrate his trademark optimism on social media. In a new post on X, Saylor not only depicted himself carrying a large orange bag covered with Bitcoin logos but also added an intriguing caption suggesting he might need a “bigger” one. The
Cryptocurrency investors accused quantitative trading firm Jane Street of pressuring Bitcoin’s price with a daily, programmatic selloff at the US market open, but market analysts and data suggest the pattern is not consistent, and no single firm can force Bitcoin into a prolonged bear market. The claims surged online a day after Terraform Labs’ court-appointed
Bitcoin climbed back into its prior range, while the liquidation heatmap showed heavier liquidity bands waiting overhead. At the same time, the weekly chart put focus on the 200 week EMA, where the next close could shape the next move. Bitcoin Reclaims Range as Liquidity Bands Stack Overhead Bitcoin traded back near $68,320 on the